Technical report

American Rare Earths Resource Estimate Increased by 64%

Retrieved on: 
Wednesday, February 7, 2024
Magnet, Pluton, Resource, ARR, CQM, Classification, RMP, Neodymium(III) oxide, Society, Rare-earth element, Light, Laramie Mountains, REE, Mining, Technical report, Hornblende, Laramide orogeny, Economics, Competence, Metallurgy, WDEQ, Competent person, BHS, ASX, Core

DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the (Company) is pleased to announce the completion of the detailed “Technical Report of Exploration and Updated Resource Estimates of the Halleck Creek Rare Earths Project” compiled by ARR, which includes updated Resource estimates under the 2012 JORC code. Results of the Sept/Oct 2023 exploration program and additional surface sampling and geological mapping at Halleck Creek provided data to increase in-situ resource estimates to 2.34 billion tonnes at a grade of 3,196 ppm TREO. This is an increase of 64% in in-situ tonnes compared to the Sept/Oct 2023 maiden resource estimate for Halleck Creek. The full technical report is available on the Halleck Creek tab on our website or upon request.

Key Points: 
  • DENVER, Feb. 07, 2024 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (ARR or the (Company) is pleased to announce the completion of the detailed “Technical Report of Exploration and Updated Resource Estimates of the Halleck Creek Rare Earths Project” compiled by ARR, which includes updated Resource estimates under the 2012 JORC code.
  • This is an increase of 64% in in-situ tonnes compared to the Sept/Oct 2023 maiden resource estimate for Halleck Creek.
  • Measured and Indicated resource estimates increased by 795 million tonnes (128%), inferred resource estimates increased by 117 million tonnes (15%).
  • Wyoming Rare (USA) Inc. a wholly owned subsidiary of American Rare Earths, Inc. controls 367 unpatented lode mining claims totalling 6,320 acres (2,558 ha) across the Halleck Creek Project area.

As Lithium Demand Continues to Rise, the Lithium Market Projected to Reach $6.4 Billion By 2028

Retrieved on: 
Tuesday, February 6, 2024
DLE, Boron, BLM, USD, Bureau, Tesla, Inc., LCE, Webcast, PEA, Rio Tinto, Magnesium, Rio Tinto (corporation), Columbus Basin, PALM, Carbon, Hatch, Metal, Albemarle Corporation, ANT, CRC, OTCQX, Aluminium, ALB, PPA, NPV, Q&A, Technical report, Boardwalk, TSLA, NOI, Yoy, Canter and gallop, Policy, Queensland Alumina Limited, Electricity, Health, Q4, Aircraft, Lithium

The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.

Key Points: 
  • The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.
  • Furthermore, consumer electronics like watches, toys, and remote controls mainly use lithium metal batteries where lithium metal is used as an anode material.
  • Thus, the increasing demand for lithium metal batteries is expected to enhance the market for lithium metal during the forecast period.
  • A recent report from MarketsAndMarkets said that the lithium metal market is projected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a cagr 20.4% from 2023 to 2028.

American Pacific Regains 100% Interest in the Madison Copper-Gold Mine Project in Montana, USA

Retrieved on: 
Monday, February 5, 2024
Partnership, Copper, Rio Tinto, Rio Tinto (corporation), BYU Vocal Point, Technical report, Weather, Gold, National instrument

VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- American Pacific Mining Corp. (CSE: USGD / FWB: 1QC / OTCQX: USGDF) (“American Pacific” or the “Company”) announces that Kennecott Exploration Company (“Kennecott”), a subsidiary of the Rio Tinto Group (“Rio Tinto” or “Rio”), in collaboration with American Pacific,  has agreed to discontinue the 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison Mine Project (“Madison” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 05, 2024 (GLOBE NEWSWIRE) -- American Pacific Mining Corp. (CSE: USGD / FWB: 1QC / OTCQX: USGDF) (“American Pacific” or the “Company”) announces that Kennecott Exploration Company (“Kennecott”), a subsidiary of the Rio Tinto Group (“Rio Tinto” or “Rio”), in collaboration with American Pacific,  has agreed to discontinue the 11-year Madison earn-in agreement to acquire a 70% interest in American Pacific’s Madison Mine Project (“Madison” or the “Project”).
  • American Pacific would like to thank the regional Kennecott team for its collaborative approach at Madison over the years.
  • The Company is pleased to regain 100% ownership and control of Madison, which now becomes the Company’s lead solely owned property.
  • Warwick Smith, American Pacific’s Chief Executive Officer stated:
    "I'd like to start by emphasizing what an excellent partner Rio Tinto has been.

Puma Congratulates Canadian Copper on Acquiring Murray Brook Deposit

Retrieved on: 
Monday, February 5, 2024
Attention, Growth, OTCQB, Consultant, News, Measurement, CCI, TSX, Technical report, Copper, Mining, PUMA, Acquisition, PB, Development, Cryptocurrency

RIMOUSKI, Quebec, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to report that Canadian Copper (CSE: CCI) has completed the acquisition of the Murray Brook Deposit and surrounding property as outlined in CCI’s news release dated February 1, 2024 (click here to read the release).

Key Points: 
  • RIMOUSKI, Quebec, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Puma Exploration Inc. (TSX-V: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to report that Canadian Copper (CSE: CCI) has completed the acquisition of the Murray Brook Deposit and surrounding property as outlined in CCI’s news release dated February 1, 2024 (click here to read the release).
  • The Murray Brook Deposit is the largest advanced-stage polymetallic asset in New Brunswick.
  • With 100% ownership of the Murray Brook deposit, CCI has established itself as the most important base metals explorer with significant mineral resources in the Bathurst Camp.
  • The transaction allows Puma to monetize the copper assets, unlock their value, and, as an equity holder, benefit from CCI’s valuation growth.

Aben Minerals Files NI 43-101 Technical Report on the Forrest Kerr Gold Project

Retrieved on: 
Tuesday, January 30, 2024
Partnership, National Instrument 43-101, News, Qualified person (European Union), ABM, Soil, Collection, Technical, Technical report, Acute and obtuse triangles, Quartz, Triangle, Gold, Cornell University, Sale, National instrument, Cryptocurrency

Vancouver, BC, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) has received and filed a NI 43-101 compliant Technical Report pertaining to Aben’s 100% owned 23,397 hectare Forrest Kerr Gold Project in the Golden Triangle, British Columbia.

Key Points: 
  • Vancouver, BC, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) has received and filed a NI 43-101 compliant Technical Report pertaining to Aben’s 100% owned 23,397 hectare Forrest Kerr Gold Project in the Golden Triangle, British Columbia.
  • The widespread base and precious metal mineralization present on the Forrest Kerr Property is spatially related to the Forrest Kerr Fault, a regional scale crustal break that transects the entire property for over 50 kilometres.
  • In particular, the South Boundary
    Aben’s President and CEO Riley Trimble remarked that “The NI 43-101 Technical Report for our Forrest Kerr Gold Project is a collection of six years of exploration work.
  • Aben, with two key Canadian gold projects in the Golden Triangle of British Columbia and the Tombstone Gold Belt of the Yukon, views the Forrest Kerr Project and the Justin Project individually as pivotal assets.

Abcourt Intersects 14.79 g/t Gold over 4 metres in a New Zone on its Flordin Property in the Lebel-sur-Quévillon Area

Retrieved on: 
Tuesday, January 30, 2024
TMX Group, ABI, Technical report, Gold, Property, Rare-earth element

The main objective of this drilling campaign was to validate and confirm the presence of new high-grade gold zones located near surface, identified by hole FL-18-254 conducted in 2018.

Key Points: 
  • The main objective of this drilling campaign was to validate and confirm the presence of new high-grade gold zones located near surface, identified by hole FL-18-254 conducted in 2018.
  • Other drill holes on either side of hole FL-23-265 confirmed the lateral continuity of the mineralization over more than 200 metres.
  • Hole 271 returned 1.51 g/t gold over 3.5 metres, more than 150 metres east of hole 265.
  • The following table shows the best gold intersections obtained during the 2023 drilling campaign on the Flordin Property.

SIGMA LITHIUM SIGNIFICANTLY INCREASED AUDITED MINERAL RESOURCE BY 27% TO 109Mt: GROTA DO CIRILO IN BRAZIL BECOMES WORLD'S 4TH LARGEST OPERATING INDUSTRIAL PRE-CHEMICAL LITHIUM BENEFICIATION & MINING COMPLEX; GROTA DO CIRILO EXPECTED TO FURTHER INCREASE TO

Retrieved on: 
Wednesday, January 31, 2024
Lithium, NDC, National Instrument 43-101, Growth, MAIG, Resource, Mine, Exercise, Zoom, 50 metres, PRO, ELV, Carbon, DH, Figure, Technical report, Phase, RC, Exploration, Mining, Indication (medicine), SAO, SIGMA, LDM, National instrument

Newly revised NI 43-101 Mineral Resource estimate represents an increase of 27% from the previous technical report dated January 2023.

Key Points: 
  • Newly revised NI 43-101 Mineral Resource estimate represents an increase of 27% from the previous technical report dated January 2023.
  • Contained lithium carbonate equivalent tonnage also increased by 27% as Sigma Lithium maintained the high quality of its mineral resource while substantially increasing its scale.
  • Grota do Cirilo now becomes world's 4th largest operating industrial pre-chemical lithium beneficiation complex, fully integrated with 100% wholly-owned spodumene mining operations.
  • The revised audited mineral resource estimate represents a 27% increase when compared to the last technical report, dated January 2023.

Kenorland Minerals Commences 2024 Winter Drill Program at the Frotet Project, Quebec and Grants Stock Options

Retrieved on: 
Wednesday, January 24, 2024
R10, Vein, R2, Regnault, Project, Mineral, R11, Troilus, Mineral Resources Limited, Technical report, NSR, R4, Mining

Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce the commencement of the 2024 winter exploration program at the Frotet Project (the "Project"), located in northern Quebec.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 24, 2024) - Kenorland Minerals Ltd. (TSXV: KLD) (OTCQX: KLDCF) (FSE: 3WQ0) ("Kenorland" or the "Company") is pleased to announce the commencement of the 2024 winter exploration program at the Frotet Project (the "Project"), located in northern Quebec.
  • Kenorland is currently the operator of the Project and expects to close the asset exchange with Sumitomo before the end of January.
  • The Winter 2024 program will include up to 17,600m of diamond drilling at the Regnault gold discovery.
  • This program follows the recently completed Fall 2023 exploration program comprised of 20 drill holes for 11,918m of drilling, of which, results are expected to be released during Q1 2024.

International Lithium Files PEA Technical Report for Raleigh Lake Lithium Project - Outlines Highly Favourable After-Tax NPV (discounted at 8%) of CAD$342.9 million and After-Tax IRR of 44.3% p.a.

Retrieved on: 
Thursday, January 18, 2024
Lithium, SC6, EVS, MRE, Kenora, Technical report, Hydro One, NPV, Report, Lom, SGS, IRR, Economics, Property, Mining, Rubidium, Canadian National Railway, Ontario Highway 115, Environmental resource management, TC Energy, PEA, National Instrument 43-101, CAD, Engineering, News, National instrument, ILC

As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.

Key Points: 
  • As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.
  • The Company continues to investigate the potential value associated with the extraction of rubidium from the microcline zone within the spodumene deposit.
  • Economics (discounted at 8% p.a., CAD$)
    Pre-tax Cashflow = CAD$709.4 million, NPV = CAD$385.1 million, IRR = 46.5% p.a.
  • The SGS lab tests obtained 22.9 weight percentages of 6% Lithium Concentrate and estimated 81% lithium recovery
    A copy of The Report, "The Raleigh Lake Project, NI43-101 Technical Report - PEA," was filed on SEDAR on January 18, 2024.

Dundee Precious Metals Files Technical Report on the Čoka Rakita Gold Project

Retrieved on: 
Wednesday, January 24, 2024
Rakita, DPM, TSX, News, Resource, Technical report

TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that the Company has filed a technical report for its Čoka Rakita gold project in Serbia.

Key Points: 
  • TORONTO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that the Company has filed a technical report for its Čoka Rakita gold project in Serbia.
  • The purpose of the report was to support the maiden Mineral Resource estimate for Čoka Rakita, as previously disclosed in the Company’s news release dated December 11, 2023.
  • The technical report has been prepared pursuant to the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
  • The technical report and the December 11, 2023, news release are both available for review on SEDAR+ ( www.sedarplus.ca ) and on the Company’s website ( www.dundeeprecious.com ).