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Rio2 Announces Receipt of RCA Resolution for the Fenix Gold Project & C$10 Million Private Placement

Retrieved on: 
Monday, April 8, 2024

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that its Chilean subsidiary, Fenix Gold Limitada (“Fenix Gold”), has received the formal Resolución de Calificación Ambiental (Environmental Qualification Resolution, or RCA) for its Fenix Gold Project (the “Project”) located in the Maricunga Mineral Belt of the Atacama Region, Chile.

Key Points: 
  • The RCA has been issued following the approval of the Project’s Environmental Impact Assessment previously announced on December 20, 2023.
  • The receipt of the RCA now allows Fenix Gold to advance permitting activities for the Project.
  • The current timing for receipt of these principal permits is by the end of July 2024.
  • The Company is seeking to finance a substantial component of the initial capital costs by way of Project related debt.

Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%

Retrieved on: 
Thursday, April 4, 2024

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) --  Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate (“MRE”) for its Salinas Lithium Project (“Salinas” or the “Project”), increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic’s large 14,182-hectare land package within the “Lithium Valley” in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the Company has established to date. The “Lithium Valley” is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which are among the largest and highest grade in the world. The Company’s properties are located in a district that is quickly emerging as an important global lithium producer.

Key Points: 
  • Independent Brazilian consultancy, GE21 Consultoria Mineral Ltda , based in Belo Horizonte, Minas Gerais, has been engaged to carry out a PEA based on the Salinas MRE.
  • Data from a total of 122 drill holes comprising 3,276 assays were included in the mineral resources model.
  • The 3D modelling of lithium Mineral Resources was conducted using a minimum cut-off grade of 0.3% Li2O within a preliminary lithological model.
  • The MRE was classified as Measured, Indicated and Inferred Mineral Resource based on data quality, sample spacing, and pegmatite continuity.

AM Resources Identifies 49 New Pegmatites on its Significant Land Package in the Austrian Pegmatite Belt

Retrieved on: 
Thursday, March 28, 2024

Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt (see press release dated March 21, 2024).

Key Points: 
  • Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt (see press release dated March 21, 2024).
  • These pegmatites consolidate the Company’s strategic position in one of Austria’s most prospective lithium areas.
  • Located just 1 km southwest of the Frederick property, the Valerie property hosts 27 pegmatites over an area of 7.2 km2.
  • Mr. Lafleur is independent from the Company and has reviewed and approved the disclosure of the AM Resources geological information.

Discovery Lithium to Acquire Private Lithium Explorer Midex Resources

Retrieved on: 
Thursday, March 21, 2024

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: 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 announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.

Key Points: 
  • VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Discovery Lithium Inc. (CSE: DCLI) (OTCQB: 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 announce that the Company has signed a letter of intent (“LOI”) to acquire a 100% interest in Midex Resources, a Canadian lithium exploration company.
  • Discovery Lithium to acquire 43,000-hectare land position in known li-bearing pegmatite fields with resources within northwestern Ontario.
  • Midex is led by CEO David Jamieson, who has established a team of experts to build Midex into a leading private exploration company.
  • Discovery Lithium and Midex expect additional synergies to be created through the proposed Transaction by strengthening both the team and property portfolio of Discovery Lithium.

Plato Gold Completes Terms for the Acquisition for the Pic River PGM-Copper Project and Provides Exploration Update

Retrieved on: 
Wednesday, March 20, 2024

The property is located 21 km northwest of Marathon and is contiguous with the western boundary of Generation Mining Limited’s Marathon Palladium-Copper Project.

Key Points: 
  • The property is located 21 km northwest of Marathon and is contiguous with the western boundary of Generation Mining Limited’s Marathon Palladium-Copper Project.
  • Generation Mining is in the final stages of development related to their Marathon Pd-Cu-Pt-Au-Ag Deposit adjacent to Plato’s Pic River Property.
  • This includes work on the Sally Deposit (copper) located within 3 km of the northeast boundary of Plato’s Pic River property.
  • In October of 2021, Plato completed a High-Resolution Airborne Magnetic (Mag) and Electromagnetic (EM) Survey over Plato’s Pic River Property (Press Release, November 30, 2021).

Crystal Capital Partners Unveils Cutting-Edge Portfolio-Centric Alternative Investment Website

Retrieved on: 
Monday, March 18, 2024

MIAMI, March 18, 2024 /PRNewswire/ -- Thirty years ago, Crystal Capital Partners (Crystal) began investing in what are some of today's largest and most established alternative investment managers.

Key Points: 
  • MIAMI, March 18, 2024 /PRNewswire/ -- Thirty years ago, Crystal Capital Partners (Crystal) began investing in what are some of today's largest and most established alternative investment managers.
  • In the years since Crystal has evolved into a fintech company offering a comprehensive suite of tools that simplify alternative investments for advisors and their QP clients.
  • Today, it continues its development with the launch of a new website and improved user experience.
  • Accounts Dashboard: The new dashboard simplifies alternative investment management, providing advisors with a consolidated bird's eye view of their clients' exposure to private funds across multiple portfolios.

Canter Resources Receives NOI Approval and Exploration Well Permit for the Columbus Lithium-Boron Project

Retrieved on: 
Wednesday, March 6, 2024

The Company has also received its permit from the Nevada Division of Minerals for its initial exploration well at the Columbus Lithium-Boron Project ("Columbus") located near Tonopah, Nevada.

Key Points: 
  • The Company has also received its permit from the Nevada Division of Minerals for its initial exploration well at the Columbus Lithium-Boron Project ("Columbus") located near Tonopah, Nevada.
  • "With our permits and approved NOI in place at Columbus we have reached another key milestone and are now in position to finalize our engagements with contractors and ramp up field activities," stated Joness Lang, CEO of Canter.
  • These regulatory milestones pave the way for Canter to launch its Phase I exploration program, designed to rapidly assess the lithium and boron mineral resource potential within the Columbus Basin.
  • Dirt work will commence concurrently with drill site preparation for the Company's first exploration well.

RETRANSMISSION: Appia Announces Maiden Rare Earth Mineral Resource Estimate of 6.6 Million Tonnes Indicated Grading 2,513 ppm TREO and 46.2 Million Tonnes Inferred Grading 2,888 ppm TREO at the PCH Ionic Adsorption Clay Project in Goias, Brazil

Retrieved on: 
Monday, March 4, 2024

To view an enhanced version of this graphic, please visit:

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    Figure 3 - South-North cross section showing the TREO grade block model.
  • To view an enhanced version of this graphic, please visit:
    Figure 4 - 3D view from south showing the TREO grade block model.
  • To view an enhanced version of this graphic, please visit:
    Some exploration Auger data is also available but have no impact on the MRE.
  • The block model was then fed to GEOVIA's WhittleTM software to provide an optimized pit envelope constraining the Current Resource.

Appia Announces Maiden Rare Earth Mineral Resource Estimate of 6.6 Million Tonnes Indicated Grading 2,513 ppm TREO and 46.2 Million Tonnes Inferred grading 2,888 ppm TREO at the PCH Ionic Adsorption Clay Project in Goias, Brazil

Retrieved on: 
Friday, March 1, 2024

To view an enhanced version of this graphic, please visit:

Key Points: 
  • To view an enhanced version of this graphic, please visit:
    Figure 3 - South-North cross section showing the TREO grade block model.
  • To view an enhanced version of this graphic, please visit:
    Figure 4 - 3D view from south showing the TREO grade block model.
  • To view an enhanced version of this graphic, please visit:
    Some exploration Auger data is also available but have no impact on the MRE.
  • The block model was then fed to GEOVIA's WhittleTM software to provide an optimized pit envelope constraining the Current Resource.

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

Retrieved on: 
Friday, March 1, 2024

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.