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Discovery Lithium to Acquire Private Lithium Explorer Midex Resources

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목요일, 3월 21, 2024

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.

Key Points:

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: DCLIF) (FRA: Q3Q0) (WKN: A3EFKA) (the “Company,” or “Discovery Lithium”), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.
Discovery Lithium to acquire 43,000-hectare land position in known li-bearing pegmatite fields with resources within northwestern Ontario.
Midex is led by CEO David Jamieson, who has established a team of experts to build Midex into a leading private exploration company.
Discovery Lithium and Midex expect additional synergies to be created through the proposed Transaction by strengthening both the team and property portfolio of Discovery Lithium.

Lithium Royalty Corp. Reports Q4 2023 Results

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수요일, 3월 27, 2024

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points:

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

Janam Launches Next-Generation Smart Access Control Solution

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수요일, 1월 31, 2024

GT1, Apple Wallet, GTX, NFC, Museum, QR, Exhibition, System, Caesars Palace, Conference, Movement

LAS VEGAS, Jan. 31, 2024 /PRNewswire/ -- INTIX 2024 – Janam Technologies, a leading provider of rugged mobile computers and contactless access solutions, today unveiled its next-generation mobile entry pedestal at the 45th Annual INTIX Conference and Exhibition at Caesars Palace. Janam's new GTX builds on the success of Janam's industry leading GT1 mobile entry pedestal to improve ingress and elevate the patron experience with the most versatile and affordable solution for access control.

Key Points:

Janam's new GTX builds on the success of Janam's industry leading GT1 mobile entry pedestal to improve ingress and elevate the patron experience with the most versatile and affordable solution for access control.
In terms of investment protection, venues that are currently utilizing Janam scanners already own half of their mobile pedestal solution.
"Janam is not just leading the way in access control; we're redefining it.
And GTX's winning features and improvements will make it even more indispensable as a trusted solution for rapid venue access."

Green Shift Completes Initial Sampling Program at the Armstrong Lithium Project in Ontario

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화요일, 1월 9, 2024

Antler, GCOM, Caesium, Tantalum, Aluminium, Element, Calcium oxide, Figure 1, GT1, Lithium, EV, Project, Rubidium, Plant, Mineral

Peter Mullens, Executive Chairman of GCOM commented, “We are excited to advance the Armstrong Project with initial exploration.

Key Points:

Peter Mullens, Executive Chairman of GCOM commented, “We are excited to advance the Armstrong Project with initial exploration.
Sampling has shown the presence of potential lithium bearing pegmatites with a peraluminous granite source, which resembles closely the highly prospective neighbouring properties held by GT1 and Antler.
Relevant analytical results of the samples are listed in Table 1 and include lithium, cesium (Cs), rubidium (Rb) and tantalum.
Table 1 – Relevant analytical results of samples are listed below and include lithium, cesium, rubidium and tantalum.

Usha Resources Commences Phase Three Program to Build on Ten Key Drill Targets Across 25 Kilometre Strike at the White Willow Lithium Pegmatite Project

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화요일, 10월 17, 2023

CS, LCT, Tantalum pentoxide, Lithium, GT1, Tantalum, Caesium

VANCOUVER, BC, Oct. 17, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Key Points:

Assays from 618 samples have delineated 10 high-priority drill targets with potassium/rubidium ratios (K/Rb) below 30.
The Company intends on drilling each of the 10 target pegmatites as part of its maiden drill program.
Highlight results include up to 0.5% Li2O (2,310 ppm), 1,833 ppm cesium, 120,000 ppm tantalum and 3,540 ppm rubidium.
"We are thrilled with the findings from the initial programs at White Willow and are very excited to continue to build on our success," said Deepak Varshney, CEO of Usha Resources.

Usha Resources Commences Phase Three Program to Build on Ten Key Drill Targets Across 25 Kilometre Strike at the White Willow Lithium Pegmatite Project

Retrieved on:

화요일, 10월 17, 2023

CS, LCT, Tantalum pentoxide, Lithium, GT1, Tantalum, Caesium

VANCOUVER, BC, Oct. 17, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Key Points:

Assays from 618 samples have delineated 10 high-priority drill targets with potassium/rubidium ratios (K/Rb) below 30.
The Company intends on drilling each of the 10 target pegmatites as part of its maiden drill program.
Highlight results include up to 0.5% Li2O (2,310 ppm), 1,833 ppm cesium, 120,000 ppm tantalum and 3,540 ppm rubidium.
"We are thrilled with the findings from the initial programs at White Willow and are very excited to continue to build on our success," said Deepak Varshney, CEO of Usha Resources.

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

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목요일, 9월 14, 2023

Lithium, PALM, SLI, LAC, Electronics, Lithium oxide, OTCQB, Carbon, Government, Tantalum pentoxide, EVS, CS, Acquisition, Salix alba, LCT, NEWS, TSX, GT1, Growth, NYSE, Caesium, Tantalum

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period. The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion. The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections." Active mining companies in markets include: Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points:

The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

Retrieved on:

목요일, 9월 14, 2023

Lithium, PALM, SLI, LAC, Electronics, Lithium oxide, OTCQB, Carbon, Government, Tantalum pentoxide, EVS, CS, Acquisition, Salix alba, NEWS, TSX, GT1, Growth, NYSE, Caesium, Tantalum

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period. The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion. The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections." Active mining companies in markets include: Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points:

The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Usha Resources Identifies Ten Key Drill Targets Across 25 Kilometre Strike at the White Willow Lithium Pegmatite Project

Retrieved on:

목요일, 9월 14, 2023

LCT, Tantalum pentoxide, Project, Caesium, GT1, Rubidium, Lithium, Tantalum

VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Key Points:

A total of 837 samples have now been collected at the Project, highlighting multiple drill targets.
The Company intends on drilling each of the 10 target pegmatites as part of its maiden drill program.
VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.
"We are thrilled with the findings from the initial programs at White Willow," said Deepak Varshney, CEO of Usha Resources.

Usha Resources Identifies Ten Key Drill Targets Across 25 Kilometre Strike at the White Willow Lithium Pegmatite Project

Retrieved on:

목요일, 9월 14, 2023

LCT, Tantalum pentoxide, Project, Caesium, GT1, Rubidium, Lithium, Tantalum

VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.

Key Points:

A total of 837 samples have now been collected at the Project, highlighting multiple drill targets.
The Company intends on drilling each of the 10 target pegmatites as part of its maiden drill program.
VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ -- Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, is pleased to provide this update on its on-going field program at the White Willow Lithium Pegmatite Project ("White Willow" or the "Project") located 170 km west of Thunder Bay, Ontario.
"We are thrilled with the findings from the initial programs at White Willow," said Deepak Varshney, CEO of Usha Resources.