NI

SIGMA LITHIUM ANNOUNCES A POTENTIAL INCREASE OF ITS MINERAL RESOURCE ESTIMATE TO OVER 110MT, AMONGST LARGEST SCALE GLOBALLY

Retrieved on: 
Wednesday, November 1, 2023
Lithium, Technical Report Archive & Image Library, Technical report, EV, Feasibility study, Phase 4, SEDAR, Chinese Lunar Exploration Program, Carbon, National instrument, ANM, Artemis program, National Instrument 43-101, Meiō, NI, Lavra, Canada, SAO, Acceleration, Rare-earth element, Uranium mining, Mining

SAO PAULO, Nov. 1, 2023 /PRNewswire/ -- Sigma Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, BVMF: S2GM34, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with carbon neutral, responsibly sourced chemical grade lithium concentrate, is pleased to provide an update on its exploration program to date, conducted in close coordination with SGS Canada, including initial mineral resource potential for Phase 4 ("Exploration Program") and plans for acceleration of the Exploration Program ("Accelerated Plan").

Key Points: 
  • Expected to represent an approximate 25% potential increase of mineral resource estimate of Sigma Lithium to 110 million tonnes, placing it amongst the largest scale lithium companies globally.
  • The Company expects to further increase mineral resource resulting from an Accelerated Plan to drill a Phase 5 and beyond.
  • Exploration programs to date have identified up to 20Mt of potential additional mineral resource in a spodumene bearing pegmatite, which could represent a potential Phase 5.
  • Ana Cabral, CEO commented: "The incredible success of our exploration campaign establishes Sigma Lithium as one of the largest lithium companies globally.

VIDEO - Banyan Gold: Impressive Growth & Strong Prospects in 2023 CEO Clips Video

Retrieved on: 
Thursday, October 26, 2023
News, SEDAR, Gold, NI, Mining, Technical report, Cryptocurrency

Vancouver, British Columbia--(Newsfile Corp. - October 26, 2023) - Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF) - a leading player in the mining sector, is making significant strides in advancing and de-risking its AurMac Gold Project.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 26, 2023) - Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF) - a leading player in the mining sector, is making significant strides in advancing and de-risking its AurMac Gold Project.
  • With a remarkable 6.2 million ounces of gold, this project is a game-changer in the Yukon, Canada's burgeoning mining district.
  • Prepared in accordance with NI 43-101 standards.Reference News Release: May 24, 2023.
  • Marc Justras, P.Eng, M.A.Sc., Ginto Consulting Inc. Technical report filed on SEDAR on July 7, 2023.

Lancaster Resources CEO Provides Comprehensive Update and Future Plans for Alkali Flat Lithium Brine Project

Retrieved on: 
Thursday, October 26, 2023
Lithium, LCR, DLE, Dry, Completeness, Geology, Xplor, Outline, Data, CSE, BHP, USD, Safety, BLM, NI, Communication, Management, Uranium mining

VANCOUVER, British Columbia, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster”) CEO provides an update on Lancaster’s recent exploration activities and upcoming milestones related to the Alkali Flat Lithium Brine Project near Lordsburg, New Mexico, USA.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster”) CEO provides an update on Lancaster’s recent exploration activities and upcoming milestones related to the Alkali Flat Lithium Brine Project near Lordsburg, New Mexico, USA.
  • Proposed locations have been used in support of both the BLM Plan of Operations application and the EMNRD Drilling application.
  • Discussions are in progress with various DLE companies to secure sufficient brine samples for testing, aimed at determining the compatibility of DLE technologies with successfully extracted lithium brine from Alkali Flats.
  • “We are on a steadfast path towards achieving our objectives and cultivating enduring value for both our shareholders and the communities we serve.”

Reflex Advanced Materials Corp. Announces Upsizing of Non-Brokered Offering to $1.5 Million

Retrieved on: 
Tuesday, October 24, 2023
Sale, Unit, Person, HF2, CSE, National instrument, Offering, FSE, Part, NI, Security (finance)

VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce an increase to its non-brokered private placement financing (the “Offering”) previously announced on August 21, 2023 and September 22, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce an increase to its non-brokered private placement financing (the “Offering”) previously announced on August 21, 2023 and September 22, 2023.
  • The closing of the first and second tranches of the Offering were further announced by the Company on October 16 and 20, 2023 respectively.
  • The net proceeds of the Offering are intended to be used to advance the Company’s Ruby Graphite Project and for other general corporate purposes.
  • Finders’ fees may be payable to eligible arm’s length persons with respect to certain subscriptions accepted by the Company.

Giga Metals Announces Filing of NI 43-101 Pre-Feasibility Study Technical Report

Retrieved on: 
Tuesday, October 24, 2023
Associate, Technical report, Technical, IRR, Report, PFS, Person, News, Disclosure, Nickel, National instrument, Development, Positive economics, NPV, NI, Engineered wood

VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Giga Metals Corp. (TSX.V: GIGA) (“Giga Metals” or the “Company”) announced that the Company has filed on www.sedarplus.ca an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the results of a Pre-Feasibility Study ("PFS") for the development of its Turnagain project located in British Columbia, Canada.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Giga Metals Corp. (TSX.V: GIGA) (“Giga Metals” or the “Company”) announced that the Company has filed on www.sedarplus.ca an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the results of a Pre-Feasibility Study ("PFS") for the development of its Turnagain project located in British Columbia, Canada.
  • The results of the PFS were previously reported in the Company's news release dated September 22, 2023, and there are no material differences in the Report from those results.
  • The effective date of the Report is September 22, 2023.
  • Lyle Trytten, P.Eng., Manager of Development for Giga Metals Corp, is a qualified person as defined by NI 43-101.

Tecpetrol Bid and Hombre Muerto Drilling Update

Retrieved on: 
Monday, October 23, 2023
Lithium, Alpha, News, NI, FGC, QP, Doctor of Philosophy

Dr. King has extensive experience in salar environments and has been a QP on many lithium brine projects.

Key Points: 
  • Dr. King has extensive experience in salar environments and has been a QP on many lithium brine projects.
  • Dr. King is independent from the Company and has reviewed and approved the technical information mentioned in this press release.
  • Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions.
  • All statements other than statements of historical fact, included in this news release are forward-looking statements that involve risks and uncertainties.

More Progress at Globex Mont Sorcier Iron Royalty Project

Retrieved on: 
Monday, October 23, 2023
MLA, Documentation, ECA, Indication (medicine), Geo, Toronto Stock Exchange, GMX, GMR, Vanadium, NPV, Lead arranger, NI, Export credit agency, Iron, Cryptocurrency, Chicago Mercantile Exchange

The appointment of the MLA is a significant milestone for the project financing requirement.

Key Points: 
  • The appointment of the MLA is a significant milestone for the project financing requirement.
  • Globex retains a one percent (1%) Gross Metal Royalty on all iron production from the Mont Sorcier property, currently expected to generate US$235M per annum in free cash flow over a 21-year period and having an NPV of US$1.6B based on Indicated Resources only which represents 25% of the total defined resource leaving room for optimization and expansion potential ( see Cerrado press release of March 7, 2023 ).
  • Separately, Globex owns a large share position in Electric Royalties (ELEC-TSXV) which has a 1% GMR on all vanadium produced from the project.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

More Progress at Chibougamau Independent’s Mont Sorcier Iron-Vanadium Royalty Project

Retrieved on: 
Monday, October 23, 2023
MLA, Documentation, TSX Venture Exchange, ECA, Indication (medicine), Vanadium, NPV, NI, Lead arranger, Export credit agency, Iron, Cryptocurrency

The appointment of the MLA is a significant milestone for the project financing requirement.

Key Points: 
  • The appointment of the MLA is a significant milestone for the project financing requirement.
  • This press release was written by Jack Stoch, P.
  • Geo., President and CEO of Chibougamau Independent Mines Inc. in his capacity as a Qualified Person (Q.P.)
  • Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.

Perseus September 2023 Quarter Report

Retrieved on: 
Monday, October 23, 2023
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Perseus’s Managing Director and CEO Jeff Quartermaine said:

Key Points: 
  • Perseus’s Managing Director and CEO Jeff Quartermaine said:
    “This quarter, Perseus has produced another excellent operating performance with the Group’s gold production and AISC outperforming internal targets, placing the Company on a firm footing to once again, achieve or potentially outperform market guidance for the current Half Year Period ending 31 December 2023.
  • During the quarter, we also reported adding more ounces of gold to our gold inventory than we depleted through mining activities in the preceding 12-month period.
  • This quarter, we have added US$72 million to our cash and bullion balance increasing it to US$594 million.
  • Perseus does not undertake to update forward-looking information, except in accordance with applicable securities laws.

Titan Mining Announces Significant Graphite Discovery at Empire State Mines in Upstate New York, USA

Retrieved on: 
Monday, October 23, 2023
OES, SME, Element, Mining, EV, QA/QC, Electric vehicle, ESG, Void coefficient, Lubricant, PG, ISO/IEC, ICP, Digestion, Spectroscopy, Copper, IR, News, Carbon, Aqua regia, SGS, LIB, GE, ALS, Kilbourne, Plant, Silver, ICP-AES, Zinc, Lead, Master of Science, United States Department of Energy, AES, Chemistry, EVS, NI, Lithium, Aluminium, PB, Graphite, Titan

These properties make graphite suitable for both industrial (refractories, foundries, lubricants) and energy (batteries, fuel cells, and nuclear reactors) applications.

Key Points: 
  • These properties make graphite suitable for both industrial (refractories, foundries, lubricants) and energy (batteries, fuel cells, and nuclear reactors) applications.
  • The mineralization intercepted by Titan is dominated by crystalline flakes of graphite and may be suitable for use in battery production.
  • Currently there are no domestic sources for natural flake graphite in the United States, while China produces in excess of 60% of the world’s graphite supply.
  • The United States Department of Energy projects that demand for graphite will exceed production by 79% in 2025.