Rhyolite

Nine Mile Metals Provides Drilling Update at California Lake Drill Hole (CL23-10-01)

Retrieved on: 
Friday, December 8, 2023

VANCOUVER, British Columbia, Dec. 08, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to provide an update on its current drill hole (CL23-10-01) at its California Lake VMS Project.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 08, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), is pleased to provide an update on its current drill hole (CL23-10-01) at its California Lake VMS Project.
  • Drill hole is currently at a depth of 433.3 meters, now targeting Lens A at a measured depth of 720m.
  • Due to the length of this targeted drill hole, continued monitoring of the azimuth and dip is critical.
  • Once the drill hole is collared, a gyro survey is conducted at every 30-meter interval recording both the azimuth and dip.

Ioneer’s expanded partnership with EcoPro to bolster U.S. lithium production

Retrieved on: 
Tuesday, October 31, 2023

EcoPro will conduct research and development on the lithium clay resource – one of three distinct styles of lithium mineralisation found at Ioneer’s Rhyolite Ridge Lithium-Boron project (“Rhyolite Ridge”).

Key Points: 
  • EcoPro will conduct research and development on the lithium clay resource – one of three distinct styles of lithium mineralisation found at Ioneer’s Rhyolite Ridge Lithium-Boron project (“Rhyolite Ridge”).
  • The goal will be to develop a process to commercialise Rhyolite Ridge lithium clay to produce refined lithium materials for the U.S. EV battery supply chain.
  • Stage 1 of Rhyolite Ridge focuses on searlesite (high lithium, high boron) mineralisation while the lithium clay mineralisation will be extracted and set aside.
  • EcoPro Innovation has an original patent for lithium extraction from waste batteries and launched its business in EcoPro Group.

New Towards Sustainable Mining Subscription Service Enables Global Mining Companies to Disclose ESG Data

Retrieved on: 
Tuesday, July 18, 2023

OTTAWA, ON, July 18, 2023 /CNW/ - Towards Sustainable Mining (TSM), a performance system that improves environmental and social practices in the mining sector, has launched a new subscription service for global mining companies to publicly report on key sustainability data.

Key Points: 
  • OTTAWA, ON, July 18, 2023 /CNW/ - Towards Sustainable Mining (TSM), a performance system that improves environmental and social practices in the mining sector, has launched a new subscription service for global mining companies to publicly report on key sustainability data.
  • Ioneer, an emerging lithium-boron producer with a mining project in Nevada, is TSM's first subscriber.
  • First established in 2004, TSM helps drive performance improvement at the site level and contributes to securing support for mining activities from the communities where it operates.
  • Demand for minerals and metals are on the rise due to their role as central components in clean energy technologies.

New Ioneer Mineral Resource update finds 168% increase in estimated lithium at Rhyolite Ridge

Retrieved on: 
Wednesday, April 26, 2023

Today Ioneer Ltd (ASX: INR, NASDAQ: IONR) released new findings showing a 168% increase of lithium within its Rhyolite Ridge Lithium-Boron project.

Key Points: 
  • Today Ioneer Ltd (ASX: INR, NASDAQ: IONR) released new findings showing a 168% increase of lithium within its Rhyolite Ridge Lithium-Boron project.
  • Because its world-class processing facility will be on-site at Rhyolite Ridge, Ioneer can more quickly produce and efficiently deliver lithium to U.S. battery manufacturers.
  • “Rhyolite Ridge is a once in a generation opportunity to produce a critical and reliable source of lithium and boron for the U.S. electric vehicle supply chain.
  • That reflects a 168% increase in lithium carbonate and 18% increase in boric acid (collectively a 145% increase in mineralized resource) from an April 2020 Ioneer Mineral Resource statement.

U.S. Department of Energy Offers Conditional Commitment for a Loan of Up to US$700 Million for the Rhyolite Ridge Project

Retrieved on: 
Friday, January 13, 2023

RENO, Nev., Jan. 13, 2023 /PRNewswire/ -- ioneer Ltd ("Ioneer" or the "Company") (ASX: INR, Nasdaq: IONR) is pleased to announce finalisation of a term sheet and offer of a Conditional Commitment1 for a proposed loan of up to US$700 million2 from the U.S. Department of Energy (DOE) Loan Programs Office for financing the construction of the Rhyolite Ridge Lithium-Boron Project in Nevada, USA.

Key Points: 
  • Domestic processing of critical minerals, such as lithium, for use in EV batteries qualifies for the ATVM loan program3.
  • After commencing pre-application discussions in February 2021 regarding the DOE's ATVM loan program, Ioneer submitted an application in October 2021.
  • The Loan Programs Office has undertaken extensive and detailed market, technical and legal due diligence on both Ioneer and the Rhyolite Ridge Project.
  • Finalising the term sheet and receiving the Conditional Commitment from the DOE represent a significant step towards completing the funding for the Rhyolite Ridge Project.

Ioneer's Rhyolite Ridge Project Advances into Final Stage of Permitting

Retrieved on: 
Monday, December 19, 2022

RENO, Nev., Dec. 19, 2022 /PRNewswire/ -- Ioneer Ltd ("Ioneer" or "the Company") (ASX: INR, Nasdaq: IONR), an emerging lithium-boron supplier, announces that its Rhyolite Ridge Lithium-Boron Project ("Rhyolite Ridge Project" or "the Project") in Esmeralda County, Nevada has advanced into the final stage of federal permitting with the decision by the U.S. Bureau of Land Management (BLM) to publish a Notice of Intent (NOI) in the Federal Register. This marks a major milestone toward the completion of the National Environmental Policy Act (NEPA) process and approval of the Project's Plan of Operations ("Plan").

Key Points: 
  • The Plan is the foundational permitting document for the Project and will become the basis for compliance during operations and closure.
  • With work on the Plan completed and the NOI issued, the Project moves into the public review and comment phase of the NEPA process.
  • An approved Plan will allow the Company to commence construction of the Rhyolite Ridge Project.
  • "Our Project is uniquely positioned in the U.S., and has been engineered to ensure a stable, long-term, environmentally sustainable source of lithium.

Dr. Squatch Launches Latest Special-Edition Soap and Personal Care Collection Inspired by Star Wars™

Retrieved on: 
Tuesday, August 16, 2022

LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Dr. Squatch, the fast-growing men's natural soap and personal care company, today announced a new special-edition soap and personal care collection inspired by Star Wars™ legends from the Skywalker Saga. The collection debuts exclusively on Dr. Squatch's website and will launch with four distinguishable soap scents, each inspired by the greatest heroes and most powerful villains from the most recent film trilogy - Star Wars: The Force Awakens™, Star Wars: The Last Jedi™, and Star Wars: The Rise of Skywalker™. It follows Dr. Squatch's wildly successful Collection 1 collaboration with Lucasfilm from 2021, which is also relaunching in updated, collectible packaging.

Key Points: 
  • LOS ANGELES, Aug. 16, 2022 /PRNewswire/ -- Dr. Squatch , the fast-growing men's natural soap and personal care company, today announced a new special-edition soap and personal care collection inspired by Star Wars legends from the Skywalker Saga.
  • "We are excited to deliver a second collection inspired by the latest trilogy and take advantage of the exciting storytelling elements we can bring to these launches.
  • The Dr. Squatch Star Wars-inspired Collection 1 and Collection 2launches to the public on Dr. Squatch's website at www.drsquatch.com on August 19, 2022.
  • Dr. Squatch, a natural men's soap and personal care company, is one of the fastest-growing natural personal care companies in the country with over $200 million in sales.

ioneer Signs Binding Lithium Offtake Agreement with Prime Planet Energy & Solutions

Retrieved on: 
Sunday, July 31, 2022

We look forward to providing lithium materials to PPES and all our offtake partners for their growth in the EV global market."

Key Points: 
  • We look forward to providing lithium materials to PPES and all our offtake partners for their growth in the EV global market."
  • ioneer Ltd ("ioneer" or "the Company") (ASX: INR, NASDAQ: IONR), an emerging lithiumboron supplier, is pleased to announce it has signed a binding offtake supply agreement ("Agreement") with the Prime Planet Energy & Solutions ("PPES") joint venture between Toyota Motor Corporation ("Toyota") and Panasonic Corporation ("Panasonic"), in which ioneer will supply PPES with lithium carbonate from its Rhyolite Ridge Lithium-Boron Project ("Rhyolite Ridge") inNevada.
  • Under the Agreement, ioneer will deliver 4,000 tons per annum (tpa) of lithium carbonate to PPES over a 5-year term.
  • This Agreement follows the two earlier binding offtake agreements2,3 and, in total represents the completion of pre-production lithium carbonate supply commitments it currently intends to make for Rhyolite Ridge.

Ford Releases New Battery Capacity Plan, Raw Materials Details to Scale EVs; On Track to Ramp to 600K Run Rate by ’23 and 2M+ by ’26, Leveraging Global Relationships

Retrieved on: 
Thursday, July 21, 2022

The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan.

Key Points: 
  • The company detailed its global vehicle portfolio plans supporting these production goals as part of its Ford+ plan.
  • Ford expects a compound annual growth rate for EVs to exceed 90% through 2026, more than double forecasted global industry growth.
  • This creates even more capacity for high-demand products and provides customers many years of operation with minimal range loss.
  • Ford is building on agreements tied to its 600,000 run rate milestone and is taking them even further.

/R E P E A T -- RHYOLITE IDENTIFIES 3.5 KM OF GOLD MINERALIZED SHEAR ZONE IN THE GUIANA SHIELD GREENSTONE BELT OF SURINAME/

Retrieved on: 
Tuesday, May 17, 2022

The shear zone is open on strike at both ends and is open down dip.

Key Points: 
  • The shear zone is open on strike at both ends and is open down dip.
  • The drill program was completed in late March 2022.
  • Fred Stanford, Chief Executive Officer of Rhyolite, commented: "These initial holes were drilled to test for gold mineralization at shallow depths.
  • Forward-looking statements include, but are not limited to, statements with respect to the use of proceeds of the Offering.