Techno-economic assessment

Nevada Lithium and Iconic Minerals Enter into Arrangement Agreement to Consolidate 100% Ownership Interest In the Bonnie Claire Lithium Property, Nevada

Retrieved on:

Monday, March 27, 2023

After the closing of the Arrangement, Nevada Lithium will hold a 100% interest in the Project.

Key Points:

After the closing of the Arrangement, Nevada Lithium will hold a 100% interest in the Project.
Stephen Rentschler, Nevada Lithium's CEO, commented, "We are pleased to announce the signing of the Arrangement Agreement with Iconic for the Bonnie Claire Project.
The Arrangement Agreement also provides for a payment of a termination fee of $500,000 payable by Iconic or Nevada Lithium to the other in certain circumstances.
Upon completion of the Arrangement, each Nevada Lithium FinCo Share and each Nevada Lithium FinCo Warrant will be exchanged on a one-for-one basis for, respectively, Nevada Lithium Shares and Nevada Lithium Warrants.

International Race for Lithium Heats Up as Auto Giants Invest in Mining Space

Retrieved on:

Thursday, March 23, 2023

VANCOUVER, BC, March 23, 2023 /PRNewswire/ -- USA News Group - An international scramble for lithium is fully underway, with some of the world's largest automakers now jockeying for position in the mining space to secure supplies for the battery metal moving forward. The latest to throw its hat in the lithium ring is General Motors Company (NYSE:GM), which announced a $650 million equity investment in Lithium Americas Corp. (NYSE:LAC) (TSX:LAC) in connection with construction on the upcoming Thacker Pass lithium project in Nevada. GM's investment is another symptom of the race that's heating up on the international scene, with perhaps even more attention being placed on South America's prolific 'Lithium Triangle' where the West is competing with Chinese interests to secure whatever they can ahead of an EV market that will likely require as much as 3x as much lithium that's currently being produced for the entire global market. Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).

Key Points:

Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).
"We are very excited to complete a hole to such significant depth at the Alba Sabrina claim block," said Lithium South President and CEO Adrian F.C.
But now almost 4 years later, lithium was selling at 5.5x that as recently as December 2022.
But another potential North American lithium producer on the horizon is Allkem Limited (TSX:AKE) (OTC:OROCF), which is the resulting entity of a major lithium merger between Galaxy Resources and Orocobre Mining.

International Race for Lithium Heats Up as Auto Giants Invest in Mining Space

Retrieved on:

Thursday, March 23, 2023

VANCOUVER, BC, March 23, 2023 /PRNewswire/ -- USA News Group - An international scramble for lithium is fully underway, with some of the world's largest automakers now jockeying for position in the mining space to secure supplies for the battery metal moving forward. The latest to throw its hat in the lithium ring is General Motors Company (NYSE:GM), which announced a $650 million equity investment in Lithium Americas Corp. (NYSE:LAC) (TSX:LAC) in connection with construction on the upcoming Thacker Pass lithium project in Nevada. GM's investment is another symptom of the race that's heating up on the international scene, with perhaps even more attention being placed on South America's prolific 'Lithium Triangle' where the West is competing with Chinese interests to secure whatever they can ahead of an EV market that will likely require as much as 3x as much lithium that's currently being produced for the entire global market. Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).

Key Points:

Among the Lithium Triangle projects underway, some of the most active developers currently working today are Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), and Livent Corporation (NYSE:LTHM).
"We are very excited to complete a hole to such significant depth at the Alba Sabrina claim block," said Lithium South President and CEO Adrian F.C.
But now almost 4 years later, lithium was selling at 5.5x that as recently as December 2022.
But another potential North American lithium producer on the horizon is Allkem Limited (TSX:AKE) (OTC:OROCF), which is the resulting entity of a major lithium merger between Galaxy Resources and Orocobre Mining.

Lithium Producers Play a Vital Role in the Electrification of Vehicles

Retrieved on:

Monday, March 20, 2023

NEW YORK, March 20, 2023 /PRNewswire/ -- The electrification of automobiles is projected to drive the lithium-ion battery market, considerably increasing demand for lithium-ion batteries in the near future. The growing awareness of the amount of carbon emissions released into the environment from automobiles, plus the recent advances made in battery technology, has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the burden on manufacturers to offer electric vehicles powered by lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. According to data provided by Research and Markets, the global lithium market size was valued at USD 7.1 Billion in 2021, and is expected to reach a value of USD 15.45 Billion by 2028, with a CAGR of 11.75% over the forecast period 2022 - 2028. Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points:

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).
This acquisition is consistent with our focus of acquiring quality assets near known established lithium production and processing regions.
Not only is Lac Simard South property in an active lithium camp with large established resources, but we will be located near Sayona's lithium concentrators and refineries.
"We are excited about the prospect of generating economic growth in Northern Nevada and playing a major role in the domestic lithium supply chain for electric vehicles."

Lithium Producers Play a Vital Role in the Electrification of Vehicles

Retrieved on:

Monday, March 20, 2023

NEW YORK, March 20, 2023 /PRNewswire/ -- The electrification of automobiles is projected to drive the lithium-ion battery market, considerably increasing demand for lithium-ion batteries in the near future. The growing awareness of the amount of carbon emissions released into the environment from automobiles, plus the recent advances made in battery technology, has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the burden on manufacturers to offer electric vehicles powered by lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. According to data provided by Research and Markets, the global lithium market size was valued at USD 7.1 Billion in 2021, and is expected to reach a value of USD 15.45 Billion by 2028, with a CAGR of 11.75% over the forecast period 2022 - 2028. Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points:

Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).
This acquisition is consistent with our focus of acquiring quality assets near known established lithium production and processing regions.
Not only is Lac Simard South property in an active lithium camp with large established resources, but we will be located near Sayona's lithium concentrators and refineries.
"We are excited about the prospect of generating economic growth in Northern Nevada and playing a major role in the domestic lithium supply chain for electric vehicles."

Argentina's Increasingly Important Contribution to the Lithium Sector on the Rise

Retrieved on:

Thursday, March 16, 2023

VANCOUVER, BC , March 16, 2023 /PRNewswire/ -- USA News Group - Mining exports in 2022 brought in US$3.86 billion to Argentina, marking the highest for the country since 2012. This spike was spurred on by a whopping 234% increase in lithium exports to US$696 million, as Argentina retained its Top 5 status among lithium producers at number four. Several analysts are forecasting that demand isn't about to slow down, while suppliers struggle to keep up. As well, governments around the world are scrambling to secure supplies for their countries and incentivizing a need for a lithium supply chain independent of China. All the while, they're having to compete with China for these strategic new energy minerals. Now there is plenty of attention being paid to South American lithium with plenty of developments underway from developers and producers such as Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), Alpha Lithium Corporation (NEO:ALLI) (OTCPK:APHLF), Livent Corporation (NYSE:LTHM), and then Sigma Lithium (NASDAQ:SGML) in Brazil.

Key Points:

This spike was spurred on by a whopping 234% increase in lithium exports to US$696 million, as Argentina retained its Top 5 status among lithium producers at number four.
"We are very pleased with the high lithium and low magnesium values."
Lastly, Sigma Lithium (NASDAQ:SGML) is rapidly moving towards commencing lithium production in April at its Greentech plant in Brazil.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Argentina's Increasingly Important Contribution to the Lithium Sector on the Rise

Retrieved on:

Thursday, March 16, 2023

VANCOUVER, BC, March 16, 2023 /PRNewswire/ -- USA News Group - Mining exports in 2022 brought in US$3.86 billion to Argentina, marking the highest for the country since 2012. This spike was spurred on by a whopping 234% increase in lithium exports to US$696 million, as Argentina retained its Top 5 status among lithium producers at number four. Several analysts are forecasting that demand isn't about to slow down, while suppliers struggle to keep up. As well, governments around the world are scrambling to secure supplies for their countries and incentivizing a need for a lithium supply chain independent of China. All the while, they're having to compete with China for these strategic new energy minerals. Now there is plenty of attention being paid to South American lithium with plenty of developments underway from developers and producers such as Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), Alpha Lithium Corporation (NEO:ALLI) (OTCPK:APHLF), Livent Corporation (NYSE:LTHM), and then Sigma Lithium (NASDAQ:SGML) in Brazil.

Key Points:

This spike was spurred on by a whopping 234% increase in lithium exports to US$696 million, as Argentina retained its Top 5 status among lithium producers at number four.
"We are very pleased with the high lithium and low magnesium values."
Lastly, Sigma Lithium (NASDAQ:SGML) is rapidly moving towards commencing lithium production in April at its Greentech plant in Brazil.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Integra Resources Announces Closing of C$35 Million Financing, Including Strategic Investment From Wheaton Precious Metals

Retrieved on:

Thursday, March 16, 2023

The Offering was conducted by Raymond James Ltd., BMO Capital Markets and Cormark Securities Inc. (collectively, the “Underwriters”).

Key Points:

The Offering was conducted by Raymond James Ltd., BMO Capital Markets and Cormark Securities Inc. (collectively, the “Underwriters”).
The gross proceeds from the Brokered Offering and the Non-Brokered Offering have been placed into escrow with TSX Trust Company (the “Subscription Receipt Agent”).
The Subscription Receipts, including the Integra Shares issuable upon conversion thereof, are subject to a statutory hold period expiring on July 17, 2023.
person” are as defined in Regulation S under the U.S. Securities Act.

First Phosphate Engages P&E Mining Consultants to Complete Preliminary Economic Assessment (PEA) on Its 100% Owned, NSR Royalty-Free Lac à l'Orignal Phosphate Project in The Saguenay-Lac-Saint-Jean Region of Quebec

Retrieved on:

Monday, March 6, 2023

The Company has engaged P&E Mining Consultants Inc. ("P&E") to lead the PEA which will utilize the latest Mineral Resource Estimate completed by P&E in November 2022.

Key Points:

The Company has engaged P&E Mining Consultants Inc. ("P&E") to lead the PEA which will utilize the latest Mineral Resource Estimate completed by P&E in November 2022.
The Lac à l'Orignal phosphate project contains a high-quality phosphate resource potentially suitable for LFP batteries necessary for the energy transition.
Management has board approval to advance the project towards its first economic study, a PEA.
The PEA will include details on project economics encompassing the separation of three marketable concentrates - a phosphate (apatite) concentrate, a titanium oxide (ilmenite) concentrate and an iron oxide (magnetite) concentrate.

Electric Royalties Ltd. to Acquire 0.5% Gross Revenue Royalty on Kenbridge Nickel Project in Ontario, Canada

Retrieved on:

Monday, March 6, 2023

Electric Royalties will also have the option, for a period of 18 months after closing of the Transaction, to acquire a further 0.5% GRR on the Kenbridge Nickel Project for C$1,750,000 cash consideration.

Key Points:

Electric Royalties will also have the option, for a period of 18 months after closing of the Transaction, to acquire a further 0.5% GRR on the Kenbridge Nickel Project for C$1,750,000 cash consideration.
Brendan Yurik, CEO of Electric Royalties commented, "We're excited to partner with Tartisan Nickel on advancing the Kenbridge nickel-copper-cobalt project in Ontario.
Mark Appleby, CEO of Tartisan Nickel Corp. states, "Electric Royalties has a growing portfolio of 21 royalties, including two royalties that currently generate revenue.
We look forward to our partnership with Electric Royalties as Tartisan Nickel Corp. enters the feasibility, project development stage."