Technical report

South American Lithium Projects Set to Flourish in Battery Metal's Projected 2024 Rebound Year

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火曜日, 4月 30, 2024
Lithium, Technical report, Reuters, Atlas, LME, PEA, Update, Economics, Glencore, LOI, Forecasting, EV, POSCO, BYD, Goldman Sachs, LG, NPV, Morning, Lithium Triangle, Electric vehicle, Return, S&P Global Commodity Insights, Greentech, Environment, SOP, Mining, Letter

VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America where some of the most promising new projects are still under development, including from Lithium South Development Corporation (TSXV: LIS) (OTCQB: LISMF), POSCO Holdings Inc. (NYSE: PKX), American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI), Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML), and Atlas Lithium Corporation (NASDAQ: ATLX).

Key Points: 
  • As an integral part of the prolific Lithium Triangle, Argentina is on pace to become a Top 3 Lithium Producer status by 2027.
  • 43-101 lithium resource, Lithium South has just completed a Preliminary Economic Assessment (PEA).
  • The area may offer the ability for Lithium South to substantially increase the overall potential size of the HMN Li Project.
  • Outside of the Lithium Triangle are still other promising projects in Latin America, including the Falchani lithium project in Peru developed by American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI).

South American Lithium Projects Set to Flourish in Battery Metal's Projected 2024 Rebound Year

Retrieved on: 
火曜日, 4月 30, 2024
Lithium, Technical report, Reuters, Atlas, LME, PEA, Update, Economics, Glencore, LOI, Forecasting, EV, POSCO, BYD, Goldman Sachs, LG, NPV, Morning, Lithium Triangle, Electric vehicle, Return, S&P Global Commodity Insights, Greentech, Environment, SOP, Mining, Letter

VANCOUVER, BC, April 30, 2024 /PRNewswire/ -- Coming off a major market correction in 2023 down from 2-2022's record highs, the lithium market is primed for a rebound in 2024. Analysts at MorningStar using data shared from Platts, LME, Benchmarked Minerals, Fastmarkets, and MorningStar itself are forecasting lithium prices to stabilize and rise in 2024, and to nearly double from $17,000 to $30,000 per metric ton from 2023 to 2030. As the Electric Vehicle (EV) market moves towards a projected $1.66 trillion by 2030, lithium demand is expected to triple from 2022 levels over that time. Today with more than 65% of the world's lithium reserves, it's in Latin America where some of the most promising new projects are still under development, including from Lithium South Development Corporation (TSXV: LIS) (OTCQB: LISMF), POSCO Holdings Inc. (NYSE: PKX), American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI), Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML), and Atlas Lithium Corporation (NASDAQ: ATLX).

Key Points: 
  • As an integral part of the prolific Lithium Triangle, Argentina is on pace to become a Top 3 Lithium Producer status by 2027.
  • 43-101 lithium resource, Lithium South has just completed a Preliminary Economic Assessment (PEA).
  • The area may offer the ability for Lithium South to substantially increase the overall potential size of the HMN Li Project.
  • Outside of the Lithium Triangle are still other promising projects in Latin America, including the Falchani lithium project in Peru developed by American Lithium Corp. (NASDAQ: AMLI) (TSXV: LI).

Hot Chili Secures Large Addition to its Costa Fuego Coastal Copper Hub in Chile

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火曜日, 4月 30, 2024
PFS, GAC, Social, International, Domeyko, News, MAIG, Statistics, Technical report, ASX, Metallurgy, Growth, Mineral Resources Limited, National Instrument 43-101, Disclosure, Exercise, International Financial Reporting Standards, Legislation, National instrument, Mining, Community, TSX Venture Exchange, Person, Technical, Audit

The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.

Key Points: 
  • The Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.
  • The technical information in this news release is subject to the assumptions and qualifications contained in the Technical Report.
  • The Technical Report was compiled by Wood Australia Pty Ltd with contributions from a team of independent qualified persons (within the meaning of NI 43-101).
  • In addition, this news release may contain forward-looking statements attributed to third-party industry sources, the accuracy of which has not been verified by the Company.

GoldMining Enhances Value of the Crucero Gold Project, Peru by Reducing Third-Party Royalty

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月曜日, 4月 29, 2024
USD, NSR, Project, Royalty, Technical report, TSX, Gold, NI 43-101, GOLD, Technical

("Buenaventura") to reduce an existing third-party royalty (the "Royalty") on its 100% owned Crucero gold project ("Crucero" or the "Project"), Peru.

Key Points: 
  • ("Buenaventura") to reduce an existing third-party royalty (the "Royalty") on its 100% owned Crucero gold project ("Crucero" or the "Project"), Peru.
  • The Company paid US$70,000 to Buenaventura to amend and reduce the Royalty to a 3% NSR.
  • Alastair Still, CEO, commented: "With this transaction, we have significantly reduced an overly burdensome royalty and enhanced the potential value of the Crucero property.
  • The Crucero Project is located 150 km northeast of the city of Juliaca in the Department of Puno, in southeastern Peru.

Appia Announces Appointment of Mr. Andre Costa as New VP Exploration for Brazil Operations

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火曜日, 4月 23, 2024
Diamond, Lithium, Copper, MRE, Technical report, MUN, Area studies, FWB, API, PCH, Gold, Codelco, Petroleum, REE, Rare-earth element

Toronto, Ontario--(Newsfile Corp. - April 23, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the appointment of Mr. Andre Costa as its new VP Exploration for its Brazil Operation effective immediately.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 23, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today the appointment of Mr. Andre Costa as its new VP Exploration for its Brazil Operation effective immediately.
  • Mr. Costa will oversee the ongoing development of the Company's PCH Ionic Adsorption Clay project located in Goias, Brazil.
  • Mr. Costa has worked as Brazil's Exploration Manager of Great Western Diamond and Brazil Potash ($120 Mi budget).
  • The Company has granted 500,000 options exercisable at $0.15 per share for five years to Mr. Costa vesting 50% at 6 months and 50% at 12 months.

Appia Files NI 43-101 Technical Report on Maiden Indicated and Inferred Mineral Resource Estimate for the PCH Ionic Adsorption Clay Project in Goias, Brazil

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火曜日, 4月 16, 2024
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Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announced today that an independent technical report prepared in accordance with National Instrument 43-101 ("NI 43-101") has been filed for the PCH ionic adsorption clay (IAC) project (the "PCH Project") located in the State of Goiás, Brazil. The report entitled 'Technical Report on the Maiden Mineral Resource Estimate for The PCH Project, State of Goiás, Brazil' dated April 15th, 2024 with an effective date of February 1, 2024 (the "PCH MRE Report"). The PCH MRE Report was co-authored by Yann Camus, P.Eng., Marc-Antoine Laporte, P.Geo., M.Sc., and Sarah Dean, P.Geo., of SGS Canada Inc. ("SGS"), all of whom are independent qualified persons under NI 43-101. The PCH MRE Report is available for review on SEDARplus (www.sedarplus.com) and the Company's website www.appiareu.com.

Key Points: 
  • The report entitled 'Technical Report on the Maiden Mineral Resource Estimate for The PCH Project, State of Goiás, Brazil' dated April 15th, 2024 with an effective date of February 1, 2024 (the "PCH MRE Report").
  • Within Target IV Appia has identified a high-grade zone with an inferred resource totalling 13.5 Mt at an average grade of 7307 parts per million (PPM) TREO."
  • The Mineral Resource Statement prepared by SGS for the PCH Project is detail below.
  • Additional drilling will be required to convert Inferred and Indicated Mineral Resources to Measured Mineral Resources.

Canadian North Resources Inc. Reports Operational and Financial Results for the Year Ended December 31, 2023

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水曜日, 4月 24, 2024
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TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the operational and financial results for the year ended December 31, 2023.

Key Points: 
  • TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the operational and financial results for the year ended December 31, 2023.
  • “This year we will continue to expand the mineral resources at the Ferguson Lake project,” Dr. Yang added.
  • For the year ended December 31, 2023, the Company reported a net loss of $6,400,496 or $0.06 per share.
  • For the Year End 2023 financial statements and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

WEST MINING CORP. CORE SAMPLING PROGRAM DESIGNED TO UPGRADE CURRENT RESOURCE ON ITS 100% OWNED KENA PROJECT

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金曜日, 4月 19, 2024
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The majority of the core resampling has now been completed with 26 holes remaining to be sampled.

Key Points: 
  • The majority of the core resampling has now been completed with 26 holes remaining to be sampled.
  • Completed resampling to date consists of 438 core samples and 91 QAQC inserted blanks and standards to bring the sampling protocols up to current quality control standards.
  • MSA Labs has high quality standards, including both ISO 17025 (Testing and Calibration Laboratories) accreditation and ISO 9001 (Quality Management Systems) certification.
  • Field inserted standards (certified reference materials) and blanks were purchased from CDN Resource Laboratories Ltd. of Langley, British Columbia.

Atico Reports Consolidated Financial Results for 2023

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火曜日, 4月 16, 2024
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VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2023, posting income from mining operations of $7.4 million and a net loss of $5.8 million. Production for the year at Atico’s El Roble mine totaled 13.2 million pounds (“lbs”) of copper and 10,149 ounces (“oz”) of gold in concentrate at a cash cost(1) of $2.04 per payable pound of copper(2).

Key Points: 
  • During the quarter, the Company generated sales of $17.3 million, where copper accounted for 89% and gold for 11%.
  • Atico Mining cordially invites all shareholders to its Annual General Meeting of Shareholders, at 10:00 am, Tuesday, June 18, 2024, at Suite 501 - 543 Granville Street, Vancouver, British Columbia.
  • Since obtaining control of the mine on November 22, 2013, Atico has upgraded the operation from a historical nominal capacity of 400 tonnes per day.
  • A focus in 2023 will be on increasing the resource and reserves estimate and extending the El Roble’s life of mine.

Nevada Lithium provides positive update on Hydraulic Borehole Mining method and commences updated Preliminary Economic Assessment for Bonnie Claire Lithium Project, Nevada

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火曜日, 4月 16, 2024
Lithium, Well, USD, PFS, Project, Agreement, PEA, Atmosphere of Earth, Production, Aircraft pilot, News, Technical report, GRE, Blue, Cave, Jet, Oil, CAPEX, Toronto Stock Exchange, Metallurgy, Tax, Technische Universität Darmstadt, Bonnie, Vacuum, CAD, Generation, OPEX, Great Basin

The Company is also pleased to announce the commencement of an updated Preliminary Economic Assessment (“PEA”) on the Project.

Key Points: 
  • The Company is also pleased to announce the commencement of an updated Preliminary Economic Assessment (“PEA”) on the Project.
  • Nevada Lithium’s CEO, Stephen Rentschler, commented: “Nevada Lithium has received an updated assessment of the Hydraulic Borehole Mining (HBHM) method from an internationally recognized leader in the HBHM mining technique, Kinley Exploration LLC.
  • While this method has been used elsewhere, Bonnie Claire would see its use in the Great Basin for the first time.
  • The objective of this work is to establish a reasonable economic mining strategy to extract lithium in a continuous, cost effective and safe manner.