Lithium

National Interest in Minerals and Rare Earth Elements Grows

Thursday, May 13, 2021 - 2:00pm

b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.

Key Points: 
  • b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.
  • In fact, minerals are among the most important components that make up various technologies, and according to data published by the National Mining Association, copper is the second most used mineral by the DoD.
  • MP Materials, which owns the largest rare earth element mining operation outside of China, has been awarded a DPA Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE).
  • These latest results establish that stable REE extractions are achievable across a range of test conditions bracketing our emerging base case flowsheet.

National Interest in Minerals and Rare Earth Elements Grows

Thursday, May 13, 2021 - 2:00pm

b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.

Key Points: 
  • b'NEW YORK, May 13, 2021 /PRNewswire/ -- The U.S. Department of Defense (DOD) uses about 750,000 tons of minerals each year.
  • In fact, minerals are among the most important components that make up various technologies, and according to data published by the National Mining Association, copper is the second most used mineral by the DoD.
  • MP Materials, which owns the largest rare earth element mining operation outside of China, has been awarded a DPA Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE).
  • These latest results establish that stable REE extractions are achievable across a range of test conditions bracketing our emerging base case flowsheet.

ACME Lithium to Acquire Clayton Valley Nevada Lithium Brine Project

Thursday, May 13, 2021 - 2:00pm

b'Historic drill information and geophysical surveys show the Project claims cover basin-fill sediments and aquifers similar to the sediments currently producing lithium brines in the region.

Key Points: 
  • b'Historic drill information and geophysical surveys show the Project claims cover basin-fill sediments and aquifers similar to the sediments currently producing lithium brines in the region.
  • The Project claims are centered over a gravity low suggesting a depression conducive for hosting brine reservoir accumulation and suggesting a major concealed fault structure which could provide a plumbing system for fluid movement.
  • Any Expenditure in excess of any period\'s requirements will be credited to the next succeeding period\'s requirements.
  • All annual fees to maintain the Property will be paid by ACME and will be credited towards ACME\'s Expenditure obligations.

Flux Power Announces Record Quarterly Revenue of $7.0M for Third Quarter of FY 2021; Increase of 38% YOY

Thursday, May 13, 2021 - 1:08pm

The airport ground support equipment business is experiencing a resurgence following the COVID-19 impact.\nWe believe Flux Power is in a strong place to continue expansion to meet the demand for lithium-ion battery packs.

Key Points: 
  • The airport ground support equipment business is experiencing a resurgence following the COVID-19 impact.\nWe believe Flux Power is in a strong place to continue expansion to meet the demand for lithium-ion battery packs.
  • Investors and analysts interested in joining the call are invited to dial (833) 428-8374 or (270) 240-0543.
  • Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc.
  • Actual results could differ from those projected due to numerous factors and uncertainties.

Battery Mineral Resources Corp. Closes Book for C$15,000,000 Equity Financing to Acquire Punitaqui Copper-Gold Mine

Wednesday, May 12, 2021 - 11:35pm

Acquiring the Xiana Indebtedness and the associated security will enable the Company to acquire its leasehold interest in the Punitaqui Mine free and clear of the prior claims of any third party secured creditors.

Key Points: 
  • Acquiring the Xiana Indebtedness and the associated security will enable the Company to acquire its leasehold interest in the Punitaqui Mine free and clear of the prior claims of any third party secured creditors.
  • "\nAbout Battery Mineral Resources Corp.\nBattery is a multi-commodity resource company.
  • Battery is engaged in the discovery, acquisition, and development of battery metals (cobalt, lithium, graphite, nickel & copper), in North America and South Korea.
  • Finally, Battery is currently finalising a concurrent financing and acquisition to acquire the Punitaqui Mining Complex, a copper-gold mine located in the Coquimbo region of Chile.\n'

Origen Congratulates Exploits on Financing with Strategic Investors

Wednesday, May 12, 2021 - 5:50pm

b'Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the "Company" or "Origen") congratulates Exploits Discovery Corp. (CSE: NFLD) on it\'s $8 million fund raising with key investors, New Found Gold (TSXV: NFG) and Mr. Eric Sprott.

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - Origen Resources Inc. (CSE: ORGN) (FSE: 4VX) (the "Company" or "Origen") congratulates Exploits Discovery Corp. (CSE: NFLD) on it\'s $8 million fund raising with key investors, New Found Gold (TSXV: NFG) and Mr. Eric Sprott.
  • The entire Private Placement is being fully subscribed and invested into by Mr. Sprott and New Found Gold; with each party investing $4,000,000.
  • Origen positioned themselves very early in Newfoundland with its investment in Exploits and claim holdings that exceed 40,000 hectares.
  • Origen currently holds over 3 millions shares of Exploits Discovery and continues to be a strong supporter," states Blake Morgan, Company President.\nOrigen is an exploration company engaged in generating, acquiring and advancing base, precious metal, and lithium properties.

ION Exploration Update - 100% Owned Lithium Salar Projects, Mongolia

Wednesday, May 12, 2021 - 5:02pm

b'Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to share that initial geophysical surveys (seismic) have been successfully completed at the Company\'s 100% owned Baavhai Uul Lithium Salar Project in south eastern Mongolia.

Key Points: 
  • b'Toronto, Ontario--(Newsfile Corp. - May 12, 2021) - ION Energy Limited (TSXV: ION) (OTCQB: IONGF) (FSE: 5YB) ("ION" or the "Company") is very pleased to share that initial geophysical surveys (seismic) have been successfully completed at the Company\'s 100% owned Baavhai Uul Lithium Salar Project in south eastern Mongolia.
  • This will be the first drilling ever completed on Lithium Salars in Mongolia.
  • ION\'s flagship, 81,000+ hectare Baavhai Uul lithium brine project, represents the largest and first lithium brine exploration licence award in Mongolia.
  • ION also holds the 29,000+ hectare Urgakh Naran highly prospective Lithium Brine licence in Dorngovi Province in Mongolia.

Apollo Signs Definitive Acquisition Agreement to Create Significant US Pure Silver Exploration and Development Company

Wednesday, May 12, 2021 - 4:08pm

The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves.

Key Points: 
  • The reader is cautioned not to treat them, or any part of them, as current mineral resources or reserves.
  • There is insufficient information available to properly assess the data quality, estimation parameters and standards by which the estimates were categorized.
  • The historical resources have been included simply to demonstrate the mineral potential of the projects.
  • His final role was Vice President of Early-Stage Exploration, with global responsibility for all early-stage exploration across their commodity groups.\nMr.

Megawatt to accelerate developing prime Australian Rare Earth Projects

Wednesday, May 12, 2021 - 2:00pm

The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.

Key Points: 
  • The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand.
  • Further, with China currently dominating the REE market, there is a growing necessity for supply diversity to mitigate against concentration risk.
  • Notably, Arctic Fox is contiguous and along strike from the world-class Nolans Bore REE project, which is set for commissioning in mid-2022 and has a JORC Compliant Mineral Resource.
  • No securities regulatory authority has either approved or disapproved of the contents of this news release.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/megawatt-to-accelerate-developin...\nSOURCE MegaWatt Lithium and Battery Metals Corp.\n'

Global Battery Metals Announces Approval of First of Two Permits for the North West Leinster Lithium Exploration Drilling Program and Engagement of Drill Contractor

Wednesday, May 12, 2021 - 12:30pm

The final and pending approval is from the Government of Ireland\'s Department of the Environment, Climate and Communications.

Key Points: 
  • The final and pending approval is from the Government of Ireland\'s Department of the Environment, Climate and Communications.
  • The best sample contained visible spodumene and returned a value of 8,280 ppm Li (1.78% Li2O).
  • "The fully financed drilling campaign will target the first prospective target at Aghavannagh.
  • GBML\'s common shares are listed on the TSX Venture Exchange and Frankfurt Stock Exchange and quoted on the OTCQB.