Techno-economic assessment

Lithium Ionic drills 2.45% Li2O over 9.1m and 1.61% Li2O over 11.9m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, November 15, 2023
Lithium, FSE, MRE, CBL, Bandeira, PCA, Feasibility study, Techno-economic assessment, LTH, LP, LO, Cirillo, Internal rate of return, Cachoeira, RCA, Rare-earth element

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from the ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • Blake Hylands, P.Geo., Chief Executive Officer of Lithium Ionic, commented, “These latest drill results continue to bolster our efforts to expand and enhance the Bandeira project for our upcoming Feasibility Study.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Golden Minerals Reports Third Quarter 2023 Financial Results

Retrieved on: 
Friday, November 10, 2023
Mining, Minerals, Natural Resources, Sale, Rodeo, NYSE, EDGAR, Security (finance), Metal, Bank statement, Collection, Golden Minerals, SEC filing, Techno-economic assessment, United Western Minerals Company, Technical report, SEDAR, Prospectus, Barrick Gold, TSX, PEA, VAT, Cryptocurrency, Video game, Commercial property, Golden

Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending September 30, 2023.

Key Points: 
  • Golden Minerals Company (“Golden Minerals,” “Golden” or the “Company”) (NYSE-A: AUMN and TSX: AUMN) has today released financial results and a business summary for the quarter ending September 30, 2023.
  • During the third quarter of 2023, the Company continued to process material which had been stockpiled from the Rodeo mine.
  • The lower net operating margin in the third quarter 2023 compared to the third quarter of 2022 was due mainly to the processing of the stockpiled material in the third quarter 2023 which had lower grades than the mined material processed in the third quarter of 2022.
  • This Form 10-Q is available on the Company’s website at Golden Minerals Company - SEC Filings .

Lithium Ionic drills 1.64% Li2O over 13.5m, 2.18% Li2O over 5.8m and 1.95% Li2O over 5.7m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Monday, November 6, 2023
Lithium, LP, LAC, Internal rate of return, Feasibility study, LTH, PCA, LO, MRE, Heating, ventilation, and air conditioning, Bandeira, CBL, Cirillo, Techno-economic assessment, Companhia Brasileira de Metalurgia e Mineração, FSE, LI, RCA, Cachoeira, Rare-earth element

TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.

Key Points: 
  • TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. ( TSXV: LTH; OTCQX: LTHCF; FSE: H3N ) (“Lithium Ionic” or the “Company”) reports additional results from an ongoing drilling program at the Bandeira Project (“Bandeira”), located in northern Minas Gerais State, Brazil.
  • The Company is rapidly advancing Bandeira, situated within the emerging “Lithium Valley”, where two lithium producers currently operate.
  • In October 2023, an updated MRE at Bandeira showcased a near-doubling of the MRE, which formed the basis of a Preliminary Economic Assessment (“PEA”).
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to explore and define regional targets.

Lithium Ionic Secures Grid Power Connection Contract with Cemig for Sustainable Electrification of the Bandeira Lithium Project, Minas Gerais, Brazil

Retrieved on: 
Tuesday, October 31, 2023
Lithium, Internal rate of return, ESG, Feasibility study, LTH, Transmission, Electricity, FS, Maintenance, BRL, Carbon footprint, Techno-economic assessment, FSE, Renewable energy, Electric power, Construction, CEMIG

Cemig is the largest electricity distributor in Brazil, serving, through its network extensions, approximately 96% of the State of Minas Gerais.

Key Points: 
  • Cemig is the largest electricity distributor in Brazil, serving, through its network extensions, approximately 96% of the State of Minas Gerais.
  • Lithium Ionic has commissioned an independent NI 43-101 compliant Feasibility Study (“FS”) for Bandeira, which is expected to be completed in early 2024.
  • Following the construction and a technical inspection by Cemig, the transmission lines and substation will be transferred to Cemig.
  • Bandeira Project Location, Existing Substation and Transmission Lines, and New Electrical Infrastructure Layout Connecting Bandeira to Existing Power Grid

International Lithium Announces Private Placement

Retrieved on: 
Tuesday, October 24, 2023
Lithium, Offering, FSE, MI, CAD, Techno-economic assessment, Minority, ILC, Security (finance), Unit

Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC"), is pleased to announce a non-brokered private placement (the "Offering") of up to 40,000,000 units (each, a "Unit") at CAD $0.05 per Unit to raise gross proceeds of up to $2,000,000.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 24, 2023) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC"), is pleased to announce a non-brokered private placement (the "Offering") of up to 40,000,000 units (each, a "Unit") at CAD $0.05 per Unit to raise gross proceeds of up to $2,000,000.
  • Each Unit will be comprised of one common share and one-half of one share purchase warrant (each whole warrant, a "Warrant").
  • Proceeds of the private placement will be used for exploration on the Company's Raleigh Lake Project in Ontario and other projects and for general corporate and administrative costs.
  • It is anticipated that some directors and insiders will participate in this Offering.

Myriad Acquires Earnable 75% Interest in the Copper Mountain Uranium Project in Wyoming, USA

Retrieved on: 
Friday, October 20, 2023
Property, Union Pacific Railroad, Contract management, Rush, News, Option, CSE, South Tyrol Option Agreement, Lease-option, Techno-economic assessment, Canadian Securities Exchange, ISR, Arrowhead, FSE, Agreement, Copper Mountain, Effective date, Letter, Rare-earth element, Security (finance), Share (finance), Myriad

The Property contains a number of other known uranium deposits and there is good potential to discover more.

Key Points: 
  • The Property contains a number of other known uranium deposits and there is good potential to discover more.
  • Rocky Mountain Energy, a subsidiary of Union Pacific, drilled approximately 2,000 boreholes at Copper Mountain between 1969 and 1980.
  • They spent upwards of US$78 million advancing Copper Mountain (2023 dollars), planned a mine for one of its deposits, and built a leach pad.
  • Finally, historical reports suggest the ore at Copper Mountain is leachable and does not require a mill, and it may even be ISR-amenable.

Consolidated Uranium Completes Initial Phase of Drilling at Tony M Mine

Retrieved on: 
Tuesday, October 10, 2023
Uranium, Technical report, Techno-economic assessment, Tony, CUR, Rehabilitation, Maintenance, News, Ventilation, V2O5, Uranium mining

TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased announce the completion of the initial phase of drilling at its 100%-owned Tony M Uranium Mine (“Tony M”) in southeastern Utah, as previously announced in a news release dated June 28, 2023 .

Key Points: 
  • TORONTO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased announce the completion of the initial phase of drilling at its 100%-owned Tony M Uranium Mine (“Tony M”) in southeastern Utah, as previously announced in a news release dated June 28, 2023 .
  • The Company has completed 21 of the up to 59 proposed combined conventional rotary and core holes, for approximately 16,240 feet of drilling (Figure 1).
  • The drill core recovered from this phase of drilling has been split, logged, and sampled, and the samples have been submitted to American Assay Labs in Reno for analytical determination of uranium and vanadium concentrations.
  • Results obtained from the first phase of 2023 drilling will be utilized to prioritize additional drilling at the project and are expected to guide technical studies including a Preliminary Economic Assessment.

BTV Showcases: West Red Lake Gold, Lion One Metals, ION Energy & Osisko Metals

Retrieved on: 
Thursday, October 12, 2023
Lithium, Quebec Government Offices, Techno-economic assessment, ION, Metal, BNN Bloomberg, BTV, Television, Copper, Mining

Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) - Positioned to emerge as a prominent high-grade gold producer in the South Pacific.

Key Points: 
  • Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) - Positioned to emerge as a prominent high-grade gold producer in the South Pacific.
  • ION Energy Ltd. (TSXV: ION) (OTCQB: IONGF) - BTV explores ION Energy's strategic commitment to unlocking Mongolia's untapped lithium potential.
  • Osisko Metals Incorporated (TSXV: OM) (OTCQX: OMZNF) - Osisko Metals is ready to capitalize on the global copper shortage.
  • Backed by CEO Bob Wares and the Quebec Government, Osisko Metals presents a promising prospect for investors.

Lithium Ionic drills 1.94% Li2O over 15.0m, 1.91% Li2O over 9.8m and 1.68% Li2O over 9.1m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Wednesday, September 27, 2023
Lithium, Techno-economic assessment, CBL, RCA, LI, Companhia Brasileira de Metalurgia e Mineração, WSP, Environmental issues, LO, FSE, Cachoeira, PCA, Cirillo, LP, Heating, ventilation, and air conditioning, LTH, Golder

This region, recently coined “Lithium Valley” by state officials and geologically located within the Eastern Brazil Pegmatite Province, is emerging as a prolific hard rock lithium-producing region.

Key Points: 
  • This region, recently coined “Lithium Valley” by state officials and geologically located within the Eastern Brazil Pegmatite Province, is emerging as a prolific hard rock lithium-producing region.
  • These results form part of a large 50,000-metre drill program underway for H2 2023, with 13 drills currently operating.
  • The Company is rapidly advancing the Bandeira deposit towards a production decision, while it continues to explore and define regional targets.
  • The LAC is an accelerated permitting scenario available to projects whose mine infrastructure covers a small footprint where deforestation is not required.

SPEY RESOURCES NI 43-101 CANDELA II INFERRED MINERAL RESOURCE 48KT LCE FROM 86KT OF CONTAINED LITHIUM METAL

Retrieved on: 
Tuesday, September 26, 2023
Feasibility study, Techno-economic assessment, Gentlemen's agreement, SRS, Technical report, Marketing, Mineral resource estimation, Technical Report Archive & Image Library, Qualified Person Responsible For Pharmacovigilance, Mineral, Mineral Resources Limited, Resource, WSP, Candela, Geology, AIS, QA/QC, MRE, PFS, Bachelor of Science, Shareholders' agreement, PEA, Hydrogeology, NI, Mining, CMV, MBM, Spey, FS, MAIG, News, Total, Technical, Lithium, Uranium mining, USD

Although the Mineral Resources presented in the table above are believed to have a reasonable expectation of being extracted economically, they are not Mineral Reserves.

Key Points: 
  • Although the Mineral Resources presented in the table above are believed to have a reasonable expectation of being extracted economically, they are not Mineral Reserves.
  • The Mineral Resources presented above are not Mineral Reserves, and do not reflect demonstrated economic viability.
  • There is no certainty that all or any part of the Mineral Resource will be converted into a Mineral Reserve.
  • Spey Resources SA (“SRS”) is finalising the shareholder agreement (“Shareholder Agreement”) between AIS Resources SA (“AISSA”) and SRS for the development of the Candela II concession.