National Instrument 43-101

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

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Monday, March 4, 2024
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Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Discovery Lithium’s 2023 Exploration Program Sets the Stage for 2024

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Friday, March 1, 2024
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VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: 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 provide the following summary of its recently concluded 2023 exploration program in the province of Quebec.

Key Points: 
  • VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTC: 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 provide the following summary of its recently concluded 2023 exploration program in the province of Quebec.
  • All outstanding results from 2023 have been received and are being interpreted by Discovery Lithium’s exploration team.
  • Company Technical Director Dr. Jacob Verbaas, P. Geo states, “We expect 2024 to be an exciting year for the Company.
  • The Phase 2 exploration programs are expected to outline drill targeting and drilling in the latter half of 2024.

Stallion Uranium Announces Additional Uranium Property Staking, Further Expanding Largest Exploration Land Package in Southwestern Athabasca Basin

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Wednesday, February 28, 2024
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This increases Stallion’s total land package in the Southwestern Basin to 321,875 hectares (795,353 acres).

Key Points: 
  • This increases Stallion’s total land package in the Southwestern Basin to 321,875 hectares (795,353 acres).
  • The nine dispositions add an additional 19,361 hectares to Stallion’s 100% owned holdings in the Athabasca Basin.
  • “The total land package we have been able to put together is unrivalled in the Southwestern Basin, not only in size, but also in the number of highly prospective target areas discovered.
  • These geophysical signatures are known to be associated with uranium mineralization in the basin, and Stallion was able to cover additional length of the high potential conductive corridors.

Calibre Intercepts High Grade Gold Mineralization at the Limon Mine Complex, Proximal to the Limon Processing Plant; Drilling Intersects Include 68.72 g/t Gold Over 2.0 Metres and 18.68 g/t Gold Over 6.0 Metres

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Monday, February 26, 2024
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These high-grade intercepts combined with the recent positive news from the Panteon VTEM Gold Corridor , demonstrate that the entire Limon district remains open for expansion and discovery.

Key Points: 
  • These high-grade intercepts combined with the recent positive news from the Panteon VTEM Gold Corridor , demonstrate that the entire Limon district remains open for expansion and discovery.
  • Note: Estimated True Widths for reported vein intercepts are based on 3D models of the individual veins.
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am excited by these exceptionally high-grade drill results from numerous targets at our Limon Gold Mine.
  • Drilling efforts have not only instilled confidence at the yet-to-be-developed Pozo Bono open pit project but have also identified underground potential along the Limon trend.

Imperial Provides Red Chris Update

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Thursday, February 22, 2024
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VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports that Newmont Corporation (Newmont) has updated its mineral reserves and resources estimates for the Red Chris project.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports that Newmont Corporation (Newmont) has updated its mineral reserves and resources estimates for the Red Chris project.
  • When the East Ridge drill results, and associated technical study has been completed, Imperial expects the Red Chris mineral resource to increase.
  • Imperial will update its mineral reserve and resource statement for Red Chris at the time that study is issued.
  • Newmont’s guidance for Red Chris mine production (100%) for 2024 is 85 million pounds of copper and 57 thousand ounces of gold.

Stallion Uranium Completes Largest Airborne Geophysical Survey in Southwestern Athabasca Basin

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Wednesday, February 21, 2024
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VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce the preliminary results from the completion of the MobileMTTM airborne geophysical survey (the “Survey”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Stallion Uranium Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: STLNF; FSE: HM40) is pleased to announce the preliminary results from the completion of the MobileMTTM airborne geophysical survey (the “Survey”).
  • The Survey covered the entire 2,200 sq/km of the Atha Energy (CSE: SASK) JV Uranium Project (the “Project”), a new frontier of exploration in the prolific southwestern Athabasca Basin and part of the largest exploration land package held by Stallion.
  • “Stallion’s strategy to build out the largest exploration land package, taking on a new frontier of exploration in the southwestern Athabasca Basin, has been rewarded with the results of this regional survey,” stated Drew Zimmerman, CEO.
  • This opens a new frontier of exploration in the southwestern Athabasca Basin, as the project area has never had effective exploration.

Volt Lithium Reduces Operating Costs By 64%, Achieving Operational Milestone

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Wednesday, February 21, 2024
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4 Other operating costs include manpower, maintenance materials and external services.

Key Points: 
  • 4 Other operating costs include manpower, maintenance materials and external services.
  • This 90% lithium carbonate is a product that can be sold to existing third-party refiners for further processing into a 99.5% battery-grade lithium carbonate or lithium hydroxide.
  • A schematic outlining Volt’s proprietary DLE process and ultimate production of battery grade lithium carbonate is shown below.
  • Mr. Ashton and Ms. Klein consent to the inclusion of the data in the form and context in which it appears.

ENTRÉE RESOURCES ANNOUNCES FISCAL YEAR 2023 RESULTS and REVIEWS CORPORATE HIGHLIGHTS

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Friday, March 8, 2024
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VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.

Key Points: 
  • VANCOUVER, BC, March 8, 2024 /PRNewswire/ - Entrée Resources Ltd. (TSX: ETG) (OTCQB: ERLFF) – the "Company" or "Entrée") has today filed its annual operational and financial results for the year ended December 31, 2023.
  • As at December 31, 2023, 86 Lift 1 Panel 0 draw bells had been opened, including 67 draw bells during 2023.
  • Construction of Primary Crusher 2 commenced in December 2023 and is expected to be completed by the end of 2025.
  • Technical studies for Panels 1 and 2 mine design and schedule optimization were completed by OTLLC during the second quarter 2023.

Lithium South Announces PEA Estimate US$934 Million Dollar NPV with an IRR of 31.6% and a 2.5 year Payback for HMN Lithium Project

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Monday, March 4, 2024
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VANCOUVER, BC, March 4, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce positive results from an independent Preliminary Economic Assessment ("PEA") for its Hombre Muerto North Lithium Project ("HMN Lithium Project") near Salta, Argentina. The PEA was prepared by Knight Piésold Consulting ("KP") and JDS Energy and Mining ("JDS"), both of Vancouver, in accordance with the standards set out in National Instrument 43-101 Standards of disclosure for Mineral Projects ("NI 43-101"), and CIM's Best Practice Guidelines for Mineral Processing ("BPGMP").

Key Points: 
  • Company President and CEO, Adrian F. C. Hobkirk is quoted, "We are very pleased that Lithium South has advanced the HMN Lithium Project to a PEA based on 15,600 tonnes per year lithium carbonate technical grade production.
  • The PEA results highlight attractive economics associated with the project, including a short payback and exceptional Internal Rate of Return.
  • We look forward to taking the HMN Lithium Project to the next stage of development as quickly as possible."
  • The report has an updated lithium recovery process for the HMN Lithium Project brine, which uses industry proven evaporation.

Callinex Announces Preliminary Magnetotelluric (MT) Geophysical Survey Results at the Pine Bay Project, Flin Flon Mining District, MB

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Monday, March 4, 2024
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VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce preliminary results from the recently announced magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).

Key Points: 
  • VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce preliminary results from the recently announced magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).
  • The Company has received preliminary results from the MT survey over the Pine Bay where a 1km line of MT data has been collected and processed ( Pine Bay Project Plan View with Proposed MT Survey Lines ).
  • Preliminary results from the MT survey have, to date, tightly defined the known Pine Bay deposit as well as the known Pine Bay horizon/structure that hosts the mineralization ( Preliminary Pine Bay MT Survey Data ).
  • The survey will cover 3km over each of the respective areas instead of the originally planned 1km survey lines.