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BlackRock invests US$11mn in Bacanora

Bacanora, the company focused on lithium in Mexico, has raised £7.7 million (US$11 million) via a placing with global fund manager, BlackRock.

BlackRock invests US$11mn in Bacanora BlackRock invests US$11mn in Bacanora BlackRock invests US$11mn in Bacanora BlackRock invests US$11mn in Bacanora BlackRock invests US$11mn in Bacanora

La Ventana is one concession Bacanora plans to initially focus on for its life-of-mine planning

The funds will be invested on Bacanora’s Sonora lithium project in the northwest of the country.

A feasibility study is underway and due for completion in the first three months of calendar 2017.

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