Trail Creek

Halleck Creek 2023 Exploration Update, Field Mapping and Sampling Initiatives

Retrieved on: 
Tuesday, October 3, 2023
REE, Society, Bluegrass, Competent person, Red Mountain, ASX, JORC, ADR Institute of Alberta, XRF, ARR, Mining, Trail Creek, Rare-earth element, Uranium mining

DENVER, Oct. 03, 2023 (GLOBE NEWSWIRE) -- (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) today announced an update on autumn exploration drilling and completion of significant mapping and sampling work at Halleck Creek, through which the Company has identified potential for a much larger, higher-grade resource.

Key Points: 
  • The summer mapping and sampling initiative revealed potential for a larger, higher-grade REE resource at Halleck Creek.
  • Optimized future exploration program(s) are being assembled, along with an updated JORC Exploration Target, which is forthcoming.
  • DENVER, Oct. 03, 2023 (GLOBE NEWSWIRE) -- (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) today announced an update on autumn exploration drilling and completion of significant mapping and sampling work at Halleck Creek, through which the Company has identified potential for a much larger, higher-grade resource.
  • Through GPS-confirmed geology, staff geologists are optimizing future drillhole locations, JORC exploration target(s) and placement of conceptual mine- layout/facilities.

American Rare Earths to commence drilling at Halleck Creek

Retrieved on: 
Friday, September 8, 2023
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DENVER, Sept. 08, 2023 (GLOBE NEWSWIRE) -- American Rare Earths   (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce that the Halleck Creek drilling program which commences later this month aims to upgrade the JORC resource estimates.

Key Points: 
  • DENVER, Sept. 08, 2023 (GLOBE NEWSWIRE) -- American Rare Earths (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) | FSE:1BHA) (ARR or the Company) is pleased to announce that the Halleck Creek drilling program which commences later this month aims to upgrade the JORC resource estimates.
  • “Halleck Creek was recently recognized in the Top Five rare earths projects in the world2.
  • We are looking forward to executing this drill program and advancing Halleck Creek as the logical solution for the US Government to reduce dependency on Chinese rare earths.”
    The Company will commence a 23-hole drilling program at the Overton Mountain sub-area of the Halleck Creek REE Project in mid-September of 2023 (See figure below).
  • This market announcement has been authorized for release to the market by the Board of American Rare Earths Limited.

Megawatt Completes Airborne Geophysical Survey at Mistumis and Route 381 Properties, James Bay Region, Quebec

Retrieved on: 
Tuesday, November 22, 2022
Lithium, Exchange, CSE, NSR, Acquisition, News, Trail Creek, Judgement, Soil, Multimedia, Mining, Watt, FSE, Metal, Uranium, Spectrometer

VANCOUVER, BC, Nov. 22, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company" or "Megawatt")announces an airborne geophysical survey has been completed over it's Mistumis and Route 381 lithium exploration projects in the James Bay region, Quebec.

Key Points: 
  • VANCOUVER, BC, Nov. 22, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company" or "Megawatt")announces an airborne geophysical survey has been completed over it's Mistumis and Route 381 lithium exploration projects in the James Bay region, Quebec.
  • Megawatt engaged Prospectair Geosurveys Inc.of Gatineau, Quebec to perform a high resolution Heliborne Magnetic and Spectrometric survey over the properties flying a total of 2,819-line kilometres.
  • The survey was carried out with traverse lines oriented N000 in order to properly map the dominant magnetic/geological strike, and with a 50m line spacing.
  • Following receipt of the final airborne geophysical survey results and associated data evaluation, the Company is planning to begin a diamond drilling program.

Megawatt Collects 1,918 Soil Samples at Mistumis Lithium Property, James Bay, Quebec. Assays Pending.

Retrieved on: 
Thursday, November 10, 2022
Lithium, CSE, Mining, Forward-looking statement, NSR, Exchange, Laboratory, Metal, Watt, Multimedia, FSE, View, News, Company, Soil, Trail Creek, Judgement, CEO, Acquisition, BC

The 100% owned Mistumis project consists of 229 mineral claims covering over 120 square kilometres located in a prolific lithium exploration region.

Key Points: 
  • The 100% owned Mistumis project consists of 229 mineral claims covering over 120 square kilometres located in a prolific lithium exploration region.
  • A grid of north-south lines spaced 200 metres apart was utilized on the property with samples taken every 100 metres.
  • 1,918 soil samples have been delivered for analysis to Activation Laboratories Ltd. (Actlabs) in Ancaster, Ontario.
  • David Thornley-Hall, CEO, commented, "The soil sampling program follows on the heels of our summer recon and high-resolution drone survey program.

Megawatt Grants Option to Cygnus Gold for up to 80% Interest in Quebec Lithium Properties

Retrieved on: 
Tuesday, September 27, 2022
Lithium, ASX, Metal, FSE, Option style, Company, Acquisition, Second Optional Protocol to the International Covenant on Civil and Political Rights, View, Judgement, News, Mining, First Option, Forward-looking statement, Exchange, Exercise, CEO, CSE, Project, Agreement, Multimedia, Trail Creek, Good, NSR, Renewable energy, Security (finance), Reinsurance, Watt, BC, Cygnus

Under the terms of the Agreement, Cygnus has the option to acquire an initial 51% interest in the Projects (the "First Option").

Key Points: 
  • Under the terms of the Agreement, Cygnus has the option to acquire an initial 51% interest in the Projects (the "First Option").
  • Following the exercise of the First Option, Cygnus has the option to acquire an additional 29% interest in the Projects (the "Second Option").
  • Upon satisfaction of the Second Option, MegaWatt's interest will be freely carried until a feasibility study is successfully announced on the ASX.
  • About MegaWatt Lithium and Battery Metals Corp.
    MegaWatt is a British Columbia based company involved in the acquisition and exploration of mineral properties in Canada.

MegaWatt Announces Closing of The First Tranche

Retrieved on: 
Thursday, September 22, 2022
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Each NFT Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Warrant.

Key Points: 
  • Each NFT Unit consists of one common share in the capital of the Company (a "Share") and one-half of one Warrant.
  • Each Warrant entitles the holder thereof to purchase one Share (a "Warrant Share") at $0.12 per Warrant Share until September 22, 2024.
  • The first tranche closing of the Offering consisted of 400,000 Units and 8,400,000 FT Units for aggregate gross proceeds of $656,000.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/megawatt-announces-closing-of-t...
    SOURCE MegaWatt Lithium and Battery Metals Corp.

Megawatt Lithium and Battery Metals Corp. Kicks Off Lithium Exploration Field Program at Route 381 and Mistumis in James Bay Area, Quebec

Retrieved on: 
Thursday, August 11, 2022
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VANCOUVER, BC, Aug. 11, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company" or "Megawatt") is pleased to announce that it has begun fieldwork at the Route 381 and Mistumis Lithium projects in the James Bay Territory of northern Quebec.

Key Points: 
  • VANCOUVER, BC, Aug. 11, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTCQB: WALRF) (the "Company" or "Megawatt") is pleased to announce that it has begun fieldwork at the Route 381 and Mistumis Lithium projects in the James Bay Territory of northern Quebec.
  • Mapping, sampling and prosecting will be carried out simultaneously around a magnetic high and anomalous lithium sample earlier identified in the area.
  • About MegaWatt Lithium and Battery Metals Corp.
    MegaWatt is aBritish Columbiabased company involved in the acquisition and exploration of mineral properties inCanada.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/megawatt-lithium-and-battery-me...
    SOURCE MegaWatt Lithium and Battery Metals Corp.

Field trip to Arctic Fox Project reinforces rare earth element potential

Retrieved on: 
Tuesday, June 7, 2022
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David Thornley-Hall Chief Executive Officer commented:"Our technical team has done an excellent job reconciling the findings from their recent desktop study with field observations.

Key Points: 
  • David Thornley-Hall Chief Executive Officer commented:"Our technical team has done an excellent job reconciling the findings from their recent desktop study with field observations.
  • Notably, the Artic Fox Project has ample outcrop that could be prospective for REE mineralisation, while more work needs to be done on the Isbjorn Project.
  • The main objectives of the reconnaissance site visit were:
    Identify and sample significant outcrop for mineralization styles targeted.
  • Overall, the technical team determined access to the Arctic Fox Project is first rate via a well-maintained sealed road then a network of private tracks within the tenure.

Megawatt engages Japosat for Satellite Imagery Analysis at Mistumis Lithium Property, James Bay, Quebec

Retrieved on: 
Friday, May 13, 2022
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VANCOUVER, BC, May 13, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt")announces it has engaged Japosat Satellite Mapping ("Japosat") of Montreal, Quebec to provide analysis of satellite imagery at the Company's Mistumis Property in the James Bay Territory, Quebec.

Key Points: 
  • VANCOUVER, BC, May 13, 2022 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp.(CSE: MEGA) (FSE: WR20) (OTC PINK: WALRF) (the "Company" or "Megawatt")announces it has engaged Japosat Satellite Mapping ("Japosat") of Montreal, Quebec to provide analysis of satellite imagery at the Company's Mistumis Property in the James Bay Territory, Quebec.
  • The analysis of the data will be used to formulate the upcoming season's sampling and prospecting field work planned at the Mistumis property.
  • About MegaWatt Lithium and Battery Metals Corp.
    MegaWatt is aBritish Columbiabased company involved in the acquisition and exploration of mineral properties inCanada.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/megawatt-engages-japosat-for-sa...
    SOURCE MegaWatt Lithium and Battery Metals Corp.

Megawatt Focusing on Developing Prospective Lithium Properties in James Bay Region, Quebec

Retrieved on: 
Thursday, February 24, 2022
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The recent acquisition of the Mitsumis Lithium Project, which complements the Route 381 Lithium Project, delivers Megawatt a sizeable footprint in the James Bay region which is highly prospective for lithium mineralisation (Figure 1).

Key Points: 
  • The recent acquisition of the Mitsumis Lithium Project, which complements the Route 381 Lithium Project, delivers Megawatt a sizeable footprint in the James Bay region which is highly prospective for lithium mineralisation (Figure 1).
  • Notably, the properties are proximal to Allkem's (AKE: ASX/TSE) advanced James Bay Lithium Project which is a hard rock operation with ore reserves at 37.2Mt at 1.3% Li2O2.
  • David Thornley-Hall, CEO of Megawatt commented,"With the lithium upcycle showing no signs of slowing up, the Board is keen to rapidly develop the lithium properties in the James Bay region.
  • Megawatt CSE Release "Megawatt acquires additional Lithium Prospective Claims" (Jan 20, 2022) Available at: https://webfiles.thecse.com/megawatt_0120.pdf?6fGfNkc.khzbrkc0I30yBJVJNq...
    AKE ASX Release Dec 21, 2021 "James Bay Lithium Project Feasibility Study & Maiden Ore Reserve" Available at: https://www.allkem.co/investors/asx-announcements
    Nemaska Lithium - Whabouchi Lithium Mine (Overview).