Val-d'Or

US Government Gives Grants Worth $2.8B to Build Up EV Batteries Supply Chain

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain. The Biden administration has awarded grants totaling $2.8 billion for developing electric vehicle (EV) battery manufacturing facilities in the United States, as the country works to reduce its reliance on Asia. President Joe Biden has set a goal of electrifying half of all new vehicles sold by 2030. Demand for critical minerals critical for EV batteries is expected to skyrocket in the next decade due to increased EV sales, which Biden is calling "one of the most significant economic transitions since the Industrial Revolution." According to the US Department of Energy, the approved projects will eventually supply enough lithium to produce 2 million EVs, enough graphite to produce 1.2 million EVs, and enough nickel to produce 400,000 EVs per year. Albemarle (NYSE:ALB), Talon Metals (TSX:TLO) (OTCPK:TLOFF), and American Battery Technology Co (OTCQB:ABML) are among the companies that have received funding. Meanwhile, FE Battery Metals Corp. (CSE:FE) (OTCQB:FEMFD) and Sayona Mining Limited (OTCQB:SYAXF) are driving the electric future with their lithium mining projects.

Key Points: 
  • NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain.
  • Several historical drill hole collars were also located on the Property, which helped in the current program's location and orientation of drill holes.
  • A B-20 drill rig is deployed for this work, which can drill up to a 1,000-meter-deep hole.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

US Government Gives Grants Worth $2.8B to Build Up EV Batteries Supply Chain

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain. The Biden administration has awarded grants totaling $2.8 billion for developing electric vehicle (EV) battery manufacturing facilities in the United States, as the country works to reduce its reliance on Asia. President Joe Biden has set a goal of electrifying half of all new vehicles sold by 2030. Demand for critical minerals critical for EV batteries is expected to skyrocket in the next decade due to increased EV sales, which Biden is calling "one of the most significant economic transitions since the Industrial Revolution." According to the US Department of Energy, the approved projects will eventually supply enough lithium to produce 2 million EVs, enough graphite to produce 1.2 million EVs, and enough nickel to produce 400,000 EVs per year. Albemarle (NYSE:ALB), Talon Metals (TSX:TLO) (OTCPK:TLOFF), and American Battery Technology Co (OTCQB:ABML) are among the companies that have received funding. Meanwhile, FE Battery Metals Corp. (CSE:FE) (OTCQB:FEMFD) and Sayona Mining Limited (OTCQB:SYAXF) are driving the electric future with their lithium mining projects.

Key Points: 
  • NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain.
  • Several historical drill hole collars were also located on the Property, which helped in the current program's location and orientation of drill holes.
  • A B-20 drill rig is deployed for this work, which can drill up to a 1,000-meter-deep hole.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Xander Resources Acquires 100 Claims West of CNC's Crawford Project

Retrieved on: 
Friday, October 21, 2022

VANCOUVER, BC, Oct. 21, 2022 /PRNewswire/ - Xander Resources Inc. ("Xander" or the "Company") (TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI)is pleased to announce that it has entered into an option agreement (the "Option") to acquire (the "Acquisition") 100% interest in certain 100 mineral claims (the "Claims" and the "Property") located in Timmins, Ontario.

Key Points: 
  • VANCOUVER, BC, Oct. 21, 2022 /PRNewswire/ - Xander Resources Inc. ("Xander" or the "Company") (TSXV: XND) (OTCQB: XNDRF) (FSX: 1XI)is pleased to announce that it has entered into an option agreement (the "Option") to acquire (the "Acquisition") 100% interest in certain 100 mineral claims (the "Claims" and the "Property") located in Timmins, Ontario.
  • The property consists of 100 separate mineral claim blocks comprising over 21 square kilometres that are located contiguous to the west of the Company's existing Timmins North claims.
  • Deepak Varshney, Xander CEO, said, "We are very pleased to have been able to add these claims to our portfolio.
  • Xander Resources Inc. is a Canadian mineral acquisition and exploration company based in Vancouver, BC, Canada focused on developing accretive gold and battery metal properties within Canada.

World's Biggest Graphite Mine Builder, Jean Depatie, Appointed Head Advisor of Clear Sky Lithium

Retrieved on: 
Saturday, September 24, 2022

Mr. Depatie is a well-known expert around the world in mineral exploration and development, and minerals and mining corporate finance including mergers and acquisitions.

Key Points: 
  • Mr. Depatie is a well-known expert around the world in mineral exploration and development, and minerals and mining corporate finance including mergers and acquisitions.
  • He is an economic geologist with a BA in math and physics, and holds both Bachelors and Masters Degrees in Geology.
  • Mr. Depatie has also served public companies at the highest levels in the acquisition of strategic, international mines.
  • Clear Sky Lithium advises the public that as part of its disclosure obligations as a public issuer, all material and regulatory filings can be found on www.sedar.com .

O3 Mining Intersects 20.5 g/t Au over 2.2 Metres Including 73.5 g/t Au over 0.6 Metres at Hygrade Fold, Marban Engineering

Retrieved on: 
Tuesday, September 13, 2022

This underexplored, large land package offers significant exploration potential upside, with several historic showings, and promise for a new discovery.

Key Points: 
  • This underexplored, large land package offers significant exploration potential upside, with several historic showings, and promise for a new discovery.
  • O3 Mining initiated a brownfield exploration program from late June to early September, drilling 10,500metres within the Hygrade Fold area.
  • Assay results for 6,500 samples are still pending within the Hygrade Fold area.
  • The winter campaign will also aim to better define and expand known mineralization at Malartic H, Malartic Hygrade and Orion #8.

O3 Mining Completes Pre-Feasibility Study For Marban Engineering with Post-Tax NPV of C$463 Million, Unlevered IRR of 23.2% And Annual Production Of Over 160Koz Gold

Retrieved on: 
Tuesday, September 6, 2022

Following the release of this PFS, O3 Mining will move the project forward towards the necessary bridging work for the commencement of the feasibility-level studies.

Key Points: 
  • Following the release of this PFS, O3 Mining will move the project forward towards the necessary bridging work for the commencement of the feasibility-level studies.
  • The Corporation is well-funded to continue the drilling program on Marban Engineering including the expansion of all lateral extensions of the near-surface mineralization.
  • Additionally, the O3 Mining will be looking to unlock the potential in the Hygrade Fold area (North-West of Kierens pit) as well as the downdip extension of the Marban deposit.
  • O3 Mining will conduct a webinar to discuss the positive PFS results for Marban Project.

Monarch Provides an Update on Its Operations at the Beaufor Mine

Retrieved on: 
Wednesday, August 31, 2022

MONTRAL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) announces that it has made the decision to slow down mining operations at its wholly-owned Beaufor Mine, located east of Val-d'Or, Quebec.

Key Points: 
  • MONTRAL, Aug. 31, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) announces that it has made the decision to slow down mining operations at its wholly-owned Beaufor Mine, located east of Val-d'Or, Quebec.
  • As a result, cash flow from milling operations has been lower than expected.
  • As a result of short-term cash restriction, the Corporation has decided to slow down production activities at the Beaufor Mine.
  • The presence of COVID-19 brings a new reality that we must deal with and better integrate into our production process.

Monarch Produces First Gold Bar From Its Beaufor Mine

Retrieved on: 
Wednesday, July 27, 2022

Monarch will continue to ramp up the production rate at the Beacon Mill and expects to reach commercial production in the coming months.

Key Points: 
  • Monarch will continue to ramp up the production rate at the Beacon Mill and expects to reach commercial production in the coming months.
  • MONTREAL, July 27, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) is pleased to report the production of its first gold bar from its wholly-owned Beaufor Mine and Beacon Mill, located east of Val-d'Or, Quebec.
  • This first gold bar is the most significant milestone for Monarch since our listing in January 2021.
  • Other assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarchs wholly owned 750 tpd Beacon Mill.

Coloured Ties Acquires 62 Claims in Cadillac-Pontiac Lithium Belt and Reports NAV at $0.96 per Share

Retrieved on: 
Monday, July 25, 2022

Coloured Ties reports that the Company has purchased 62 mineral claims, in the Cadillac-Pontiac region, about 50km southwest of Val-d'Or.

Key Points: 
  • Coloured Ties reports that the Company has purchased 62 mineral claims, in the Cadillac-Pontiac region, about 50km southwest of Val-d'Or.
  • The claims are immediately adjacent to claims currently held by Winsome Resources, a well-funded ASX listed Lithium exploration company and Vision Lithium, a TSX-V listed Lithium explorer.
  • The latest discovery of high grade lithium prospects by Vision Lithium Inc, spurred several other exploration and drill programs within the Cadillac area.
  • The acquisition of the lithium claims in the Cadillac Pontiac region may be considered as such a good potential opportunity.

Royal Fox Reports Further Results for the Arctic Fox Zone Including 2.22 g/t Gold over 25.7 Metres, 1.11 g/t Gold over 23.3 Metres and 1.49 g/t Gold over 16.9 Metres

Retrieved on: 
Wednesday, July 20, 2022

Samples were shipped to AGAT Laboratories with sample preparation done in Val-d'Or, QC and sample analysis done in Mississauga, ON.

Key Points: 
  • Samples were shipped to AGAT Laboratories with sample preparation done in Val-d'Or, QC and sample analysis done in Mississauga, ON.
  • Mrs. DeLazzer is Vice-President Exploration of Royal Fox Gold and is not considered independent.
  • About Royal Fox Gold Inc.
    Royal Fox Gold Inc. is a mineral exploration company focused on the development of the Philibert Project near Chibougamau, Qubec.
  • Simon Marcotte, President and Chief Executive Officer of Royal Fox Gold Inc.
    President and Chief Executive Officer of Royal Fox Gold Inc.