Lithology

Standard Uranium Provides Exploration Activities Update on the Canary Project, Eastern Athabasca Basin

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to provide an update on exploration activities planned for the 7,302-hectare Canary Project (“Canary” or “the Project”) currently under a three-year earn-in option agreement (the “Option Agreement”) with Mamba Exploration Limited (“Mamba”).

Key Points: 
  • VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to provide an update on exploration activities planned for the 7,302-hectare Canary Project (“Canary” or “the Project”) currently under a three-year earn-in option agreement (the “Option Agreement”) with Mamba Exploration Limited (“Mamba”).
  • “Our exploration thesis and targeting strategy in eastern Athabasca uranium district had been bolstered by the high-quality geophysical surveys and interpretations we have completed in preparation for this inaugural program,” said Sean Hillacre, President & VP Exploration for the Company.
  • Overview of Standard Uranium’s northeastern Athabasca Basin projects, highlighting the Canary Project.
  • Drill targets are being prioritized on the Canary claims based on historic exploration and geophysical surveys completed in 2022 (Figure 2).

Work Progresses on Globex Royalty Properties

Retrieved on: 
Wednesday, February 14, 2024

At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.

Key Points: 
  • At Globex’s Fayolle royalty property, IAMGOLD are mining by open-pit and transporting the ore to their Westwood mill.
  • Globex has begun to receive quarterly royalty payments on Globex’s 2% Net Smelter Royalty purchased many years ago.
  • In December, Globex received a $58,814.68 royalty payment.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Standard Uranium Signs Definitive Agreement to Option Canary Project in Athabasca Basin

Retrieved on: 
Wednesday, December 27, 2023

Pursuant to the Option Agreement, the Optionee has been granted an option (the “Option”) to earn a 75% interest over three years in the 7,302-hectare Canary Project located in the eastern Athabasca Basin.

Key Points: 
  • Pursuant to the Option Agreement, the Optionee has been granted an option (the “Option”) to earn a 75% interest over three years in the 7,302-hectare Canary Project located in the eastern Athabasca Basin.
  • Jon Bey, CEO and Chairman, commented “The Company is pleased to welcome the Mamba exploration team to the Athabasca Basin, Saskatchewan.
  • We are excited to confirm the Canary project will have three partner-funded years of exploration run by our technical team.
  • Overview of the eastern Athabasca Basin, highlighting Standard Uranium’s Canary project.

American Lithium Announces 476% Increase in Measured + Indicated Lithium Resources at Falchani – Adds K, Cs and Rb to Block Model

Retrieved on: 
Tuesday, October 31, 2023

The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.

Key Points: 
  • The geologic model from which lithium resources are reported is a 3D block model developed using the World Geodetic System (WGS) 1984 UTM Zone 19S and is in metric units.
  • Modeling method and approach is development of a multiple ore percent standard block model with interpretation of geologic controls on mineralization based on exploration data.
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • American Lithium has no assurance that the outcome of these appeals will be in the Company’s favour.

Foremost Lithium to Complete LiDAR Survey on its Peg North Property in Snow Lake, Manitoba

Retrieved on: 
Tuesday, October 3, 2023

VANCOUVER, British Columbia, Oct. 03, 2023 (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, today announced that EarthEx Geophysical Solutions Inc. will commence LiDAR surveying at the Company’s Peg North property the week of October 9, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 03, 2023 (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, today announced that EarthEx Geophysical Solutions Inc. will commence LiDAR surveying at the Company’s Peg North property the week of October 9, 2023.
  • The upcoming LiDAR survey on the Peg North claim block will complete the collection of LiDAR and high-resolution magnetics over the entirety of Foremost’s “Lithium Lane” properties in the Snow Lake area, including its Jean Lake, Grass River, Zoro and Peg North properties.
  • “Completing the LiDAR surveying over the entirety of our Lithium Lane properties is an important development for our exploration program,” said Jason Barnard, President and Chief Executive Officer of Foremost Lithium.
  • The upcoming LiDAR survey will commence in this area, before proceeding to cover the remainder of the Peg North property.

Standard Uranium Announces Agreement to Expand Newly Staked Corvo Project in the Eastern Athabasca Basin

Retrieved on: 
Thursday, August 24, 2023

Standard Uranium continues to implement their project generator growth strategy, further adding to the already considerable land package in the Athabasca basin through expansion and acquisition opportunities.

Key Points: 
  • Standard Uranium continues to implement their project generator growth strategy, further adding to the already considerable land package in the Athabasca basin through expansion and acquisition opportunities.
  • Standard Uranium continues to expand its set of high-potential assets across the Athabasca Basin to drive value and minimize dilution to shareholders through focused exploration and transactional success.
  • Tim Termuende, President and CEO of Eagle Plains commented, “We are pleased to have concluded a mutually beneficial deal with Standard on their Corvo Project.
  • The expansion of the Corvo Project is part of the Company’s strategy to increase its landholdings in the infrastructure-rich eastern Athabasca Basin of Saskatchewan, Canada, providing strong opportunities for earn-in transactions.

Deep-South Appoints Earthmaps Consulting for Target Generation on Luanshya West in Zambia

Retrieved on: 
Tuesday, August 15, 2023

VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Deep-South Resources Inc. (“Deep-South” or “the Company”) (TSX-V: DSM) announces that it has appointed Earthmaps Consulting of Namibia (“Earthmaps”) for the interpretation of airborne magnetic data on the Luanshya West project in Zambia.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Deep-South Resources Inc. (“Deep-South” or “the Company”) (TSX-V: DSM) announces that it has appointed Earthmaps Consulting of Namibia (“Earthmaps”) for the interpretation of airborne magnetic data on the Luanshya West project in Zambia.
  • Pierre Leveille, President & CEO of Deep-South stated that: “We are pleased to have appointed Earthmaps.
  • Klaus Knupp vast experience will help generating copper exploration targets on our Luanshya West project in Zambia.
  • It will include Structural interpretation, Lithological interpretation and to generate Cu mineralization targets.

Lithium South Enhanced Resource Update

Retrieved on: 
Thursday, June 15, 2023

VANCOUVER, BC, June 15, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina.

Key Points: 
  • VANCOUVER, BC, June 15, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina.
  • Shortly thereafter, the resource update process will be completed by the brine resource specialist team of Groundwater Insight, Inc. (Halifax Canada), and Aqua Insight Inc., led by Qualified Person, Dr. Mark King.
  • In other words, specific yield data for each lithological unit is one of the key parameters (along with lithium grade) used to estimate lithium brine resources.
  • Groundwater Insight Inc. is currently preparing the updated Mineral Resource Estimate for the Alba Sabrina, Natalia Maria, and Tramo properties.

Lithium South Enhanced Resource Update

Retrieved on: 
Thursday, June 15, 2023

VANCOUVER, BC, June 15, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina.

Key Points: 
  • VANCOUVER, BC, June 15, 2023 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is providing an update on the recently completed exploration program and status of the updated Mineral Resource Estimate that is currently underway for the Hombre Muerto North Lithium Project (HMN Li Project) in Salta Province, Argentina.
  • Shortly thereafter, the resource update process will be completed by the brine resource specialist team of Groundwater Insight, Inc. (Halifax Canada), and Aqua Insight Inc., led by Qualified Person, Dr. Mark King.
  • In other words, specific yield data for each lithological unit is one of the key parameters (along with lithium grade) used to estimate lithium brine resources.
  • Groundwater Insight Inc. is currently preparing the updated Mineral Resource Estimate for the Alba Sabrina, Natalia Maria, and Tramo properties.

SPEY RESOURCES CORP. COMPLETES MAGNETOTELLERIC GEOPHYSICS SURVEY – SHOWS THICK, LOW RESISTIVITY UNIT – CONTAINING LITHIUM BRINES NEAR SURFACE

Retrieved on: 
Friday, June 9, 2023

Southern Rock Geophysics have completed the 1D and 2D inversions of the magnetotelleric (MT) survey (the “Survey”) on three lines.

Key Points: 
  • Southern Rock Geophysics have completed the 1D and 2D inversions of the magnetotelleric (MT) survey (the “Survey”) on three lines.
  • The results show a low resistivity zone that extends to the eastern border of Candela II and extends from Line L7312200 to line L7309700 a distance of approximately 2.5km.
  • The conductive lithology units show a unit approximately 300m in thickness about 50m below the surface which is the aquifer intercepted.
  • Figure 6 2D Inversion shows a large granite intrusion (blue colour), with mostly flat lying low resistivity lithological unit and a basement at 3000m ABSL.