Lithium

Renowned Lithium Executive Brian Talbot to Join Atlas Lithium as Chief Operating Officer and Director

Retrieved on: 
Thursday, March 21, 2024

Mr. Talbot is a renowned lithium sector executive with extensive development and operational expertise.

Key Points: 
  • Mr. Talbot is a renowned lithium sector executive with extensive development and operational expertise.
  • Most recently, Mr. Talbot was founder and director of RTEK International DMCC, a consulting firm that advises lithium developers and producers.
  • From July 2022 to September 2023, Mr. Talbot was the Chief Operating Officer at Sigma Lithium Corporation ("Sigma Lithium"), a Canadian lithium producer with operations in Brazil.
  • "When speaking with global lithium investors, Brian Talbot is a name that is clearly revered as a ticket for success.

A.I.S. to Focus Efforts on Gold Exploration in Australia

Retrieved on: 
Tuesday, April 9, 2024

Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.
  • AIS will receive 15% of gold sales revenue emanating from the Vendor’s mining activities outside of the Vendor’s prospecting license.
  • Andrew Neale, President & CEO of AIS commented, “The significant increase in gold prices has renewed interest in gold exploration, and the three properties in Australia are ready for immediate on-site work.
  • In early March, AIS completed a 1-for-10 reverse stock split as part of ongoing corporate restructuring efforts, reducing the total share count to approximately 20 million shares

United Lithium Increases Ownership of Kietyönmäki Lithium Project in Finland to 100%

Retrieved on: 
Tuesday, April 9, 2024

VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United Lithium” or the “Company”) (CSE: ULTH ; OTCQX: ULTHF ; FWB: 0UL ) is pleased to announce that it has increased its ownership in the Kietyönmäki Lithium Project (“Kietyönmäki” or the “Project”) to 100% after acquiring Tammela Minerals Oy’s (“Tammela”) 16.4% minority interest in Litiumlöydös Oy (“Litiumlöydös”), the Finnish entity that holds the rights to the Project (the “Acquisition”).

Key Points: 
  • VANCOUVER, British Columbia, April 09, 2024 (GLOBE NEWSWIRE) -- United Lithium Corp. (“United Lithium” or the “Company”) (CSE: ULTH ; OTCQX: ULTHF ; FWB: 0UL ) is pleased to announce that it has increased its ownership in the Kietyönmäki Lithium Project (“Kietyönmäki” or the “Project”) to 100% after acquiring Tammela Minerals Oy’s (“Tammela”) 16.4% minority interest in Litiumlöydös Oy (“Litiumlöydös”), the Finnish entity that holds the rights to the Project (the “Acquisition”).
  • Tammela is a wholly-owned subsidiary of Nortec Minerals Corp. (“Nortec”).
  • As consideration for the Acquisition, the Company paid Nortec $200,000 in cash, in exchange for 490 common shares of Litiumlöydös from Tammela, representing the 16.4% minority interest.
  • Following the completion of this initial transaction, the Company expanded the Project by 535 hectares (“ha”) (see news release September 14, 2022), bringing the total land package to 900 ha.

Mental Performance Is the #1 Factor for Healthy Aging, According to Life Extension Survey

Retrieved on: 
Tuesday, April 9, 2024

So what’s more important when it comes to healthy aging: brain or brawn?

Key Points: 
  • So what’s more important when it comes to healthy aging: brain or brawn?
  • †February 2024 survey of Life Extension customers.
  • According to Michael A. Smith, MD , Life Extension’s Director of Education, aging healthily goes beyond flexing strong muscles; it also depends on heart health and, yes, cognition.
  • “Physical health is a no-brainer when it comes to healthy aging, but many don’t realize that maintaining cognitive health and performance, including a healthy mood, is also crucial,” Dr. Smith said.

Brunswick Signs Right to Repurchases 0.5% NSR on Select Claims at Mirage

Retrieved on: 
Monday, April 8, 2024

MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; “BRW” or the “Company”) is pleased to announce that it signed an agreement with Sirios Resources (“Sirios”) to repurchase an existing 0.5% NSR on certain claims within the Mirage Project, located in the Eeyou Istchee James Bay region of Quebec.

Key Points: 
  • MONTREAL, April 08, 2024 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; “BRW” or the “Company”) is pleased to announce that it signed an agreement with Sirios Resources (“Sirios”) to repurchase an existing 0.5% NSR on certain claims within the Mirage Project, located in the Eeyou Istchee James Bay region of Quebec.
  • Mr. Killian Charles, President and CEO of BRW, commented: “We are excitedly looking forward to the approaching release of the first wave of results from our Winter 2024 campaign at Mirage as these results will continue to demonstrate the growing exploration prospectivity at Mirage.
  • The payment schedule is subject to the following constraints:
    Share amount is calculated on the 10-day Volume Weighted Average Share Price preceding the date of the payment and is subject to a $0.40 minimum share price.
  • Upon start of mineral extraction over the claims covered by this agreement, Brunswick will make a further milestone payment to Sirios of $250,000 in cash or an amount in shares (share amount is calculated on the 10-day Volume Weighted Average Share Price preceding the date of the payment and is subject to a $0.40 minimum share price) or a combination of both, at Brunswick’s discretion.

Graphjet Technology to Build New Agricultural Waste-to-Graphite Production Facility in Nevada

Retrieved on: 
Monday, April 8, 2024

KUALA LUMPUR, Malaysia, April 08, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or “the Company”) (Nasdaq:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced it plans to build a commercial artificial graphite production facility in Nevada. This plant is expected to be a first-of-its-kind in the United States.

Key Points: 
  • This level of production is expected to be able to support the production of enough batteries to power more 100,000 electric vehicles (EVs) per year.
  • This eliminates a conversion step in Graphjet’s production process, which would enable its Nevada facility to produce graphite more quickly.
  • Graphjet is aiming to commission and begin production at the new facility in 2026.
  • “We are laser focused on getting our commercial production online as quickly as possible and are in discussions with several players to secure offtake agreements for our planned Nevada facility.

Foremost Lithium Confirms 25.92 Metres of Lithium Mineralization Including 1.09% Li2O Across 10 Metres at its Zoro Property, Manitoba Canada

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, is pleased today to provide a drilling progress update for its 2024 winter drill program on its Zoro Property located in the Snow Lake region of Manitoba. The Company reports that 2 holes targeting Dyke 1 (see figure 1 below) have been completed with assay results confirming lithium mineralization spanning a cumulative length of 25.92m. Highlights in drill holes FL24-009 and FL24-010 include 1.52% Li2O over 5.02 m and 1.09% Li2O over 9.88 m. Dyke 1 hosts the Company's maiden inferred resource of 1,074,567 tons at a grade of 0.91% Li2O, with a cut-off grade of 0.3%, as outlined in the Company’s filed Regulation SK-1300 Technical Report Summary (2023) and NI-43-101 Technical Report (2018).

Key Points: 
  • The Company reports that 2 holes targeting Dyke 1 (see figure 1 below) have been completed with assay results confirming lithium mineralization spanning a cumulative length of 25.92m.
  • “We are very encouraged as we continue to expand the lithium mineralization on our maiden resource,” states Jason Barnard, President and CEO of Foremost Lithium.
  • “Foremost Lithium is striving to become a premier supplier of North America’s lithium feedstock.
  • Results include:
    These intersections mark a development in the understanding of the Dyke 1 spodumene pegmatite, revealing previously untested mineralization at depth.

Forza Lithium Announces Name and Symbol Change

Retrieved on: 
Friday, April 5, 2024

Vancouver, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Forza Lithium Corp. (CSE: FZ) (“Forza” or the “Company”) is pleased to announce that the Company will change its name to “Planet Green Metals Inc.”.

Key Points: 
  • Vancouver, British Columbia, April 05, 2024 (GLOBE NEWSWIRE) -- Forza Lithium Corp. (CSE: FZ) (“Forza” or the “Company”) is pleased to announce that the Company will change its name to “Planet Green Metals Inc.”.
  • Effective at the opening of trading on April 9, 2024, the shares of the Company will commence trading on the Canadian Securities Exchange under the trading symbol “PGR”.
  • The Company’s new CUSIP will be 72703V100 (ISIN: CA72703V1004).

Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%

Retrieved on: 
Thursday, April 4, 2024

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) --  Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate (“MRE”) for its Salinas Lithium Project (“Salinas” or the “Project”), increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic’s large 14,182-hectare land package within the “Lithium Valley” in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the Company has established to date. The “Lithium Valley” is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which are among the largest and highest grade in the world. The Company’s properties are located in a district that is quickly emerging as an important global lithium producer.

Key Points: 
  • Independent Brazilian consultancy, GE21 Consultoria Mineral Ltda , based in Belo Horizonte, Minas Gerais, has been engaged to carry out a PEA based on the Salinas MRE.
  • Data from a total of 122 drill holes comprising 3,276 assays were included in the mineral resources model.
  • The 3D modelling of lithium Mineral Resources was conducted using a minimum cut-off grade of 0.3% Li2O within a preliminary lithological model.
  • The MRE was classified as Measured, Indicated and Inferred Mineral Resource based on data quality, sample spacing, and pegmatite continuity.

General Fusion Partners with Canadian Nuclear Laboratories to Advance Commercial Power Plant Design

Retrieved on: 
Thursday, April 4, 2024

RICHMOND, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- General Fusion has launched a new project in collaboration with Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, to advance the design of its commercial fusion power plant.

Key Points: 
  • RICHMOND, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- General Fusion has launched a new project in collaboration with Canadian Nuclear Laboratories (CNL), Canada’s premier nuclear science and technology organization, to advance the design of its commercial fusion power plant.
  • Now, General Fusion will leverage CNL’s expertise, capabilities, and advanced facilities in power plant design, licensing, and operations.
  • As a result, General Fusion will refine its design for a practical and economical power plant that is cost competitive.
  • “Canada has a strong fusion ecosystem, with General Fusion leading the private sector and Canadian Nuclear Laboratories providing world-class fusion R&D,” said Greg Twinney, CEO, General Fusion.