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Vox Geophysics' Expert Modelling Confirms High-Priority REE Target at Colosseum's 2200N
Accessnewswire· 2025-09-24 12:00
Core Viewpoint - Dateline Resources Limited has confirmed a high-priority Rare Earth Elements (REE) drill target at its Colosseum Gold-REE Project in California through the second ModEM 3D magneto-telluric (MT) inversion result [1] Group 1 - The confirmed drill target is located on line 2200N and was initially identified in August using Viridien's RLM-3D inversion model [1]
Argyle Resources Receives Drill Approvals and Commences Preparations for 2000-Meter Program at Clay Howells REE Project
Newsfile· 2025-09-22 10:00
Core Viewpoint - Argyle Resources Corp. has received necessary approvals to commence a 2000-meter diamond drill program at the Clay Howells Rare Earth Element (REE) Project in northwestern Ontario, marking a significant step in the company's exploration efforts [1][2]. Group 1: Drill Program Details - The site preparation activities have begun, including the mobilization of equipment and personnel, with drilling expected to start shortly and estimated to take 45 days to complete, depending on weather and operational conditions [2]. - The approved drill program aims to twin six historic drill holes from exploration campaigns conducted in 2010 and 2011, which is essential for updating the geological model for Clay Howells [3]. Group 2: Strategic Importance - The new drilling will facilitate the collection of fresh core samples to validate prior assay data, enhance confidence in geological interpretations, and inform future exploration activities across the broader Clay Howells property [4]. - This work will serve as the foundation for a new National Instrument 43-101 compliant technical report, which is crucial for the company's ongoing exploration and development strategy [3]. Group 3: Company Background - Argyle Resources Corp. is a junior mineral exploration company focused on acquiring, exploring, and evaluating natural resource properties in North America, with interests in various projects including the Frenchvale Graphite Property and silica projects in Quebec [7].
Dateline Initiates Accelerated Drilling Program at Colosseum Gold-REE Project
Accessnewswire· 2025-09-10 12:00
Core Viewpoint - Dateline Resources Limited has initiated a significant drilling campaign at its wholly-owned Colosseum Gold-REE Project located in San Bernardino County, California [1] Group 1 - The drilling campaign has commenced this week at the Colosseum Gold-REE Project [1]
E-Tech Resources Issues Corporate Update on Eureka Project with Licence Transfer Submission and Nuclear Fuels Designation
Newsfile· 2025-08-12 12:51
Core Insights - E-Tech Resources Inc. has provided a corporate update regarding its Eureka Project in Namibia, highlighting the submission of a transfer for the Exclusive Prospecting Licence (EPL 8748) and the designation of nuclear fuels as a commodity [1][2][3] Group 1: Licence Transfer and Ownership Structure - The company has submitted the transfer of EPL 8748 to a new Namibian entity, with E-Tech holding 85% ownership and local partners holding 15%, fulfilling a key condition of the Purchase Agreement [2] - This transfer consolidates project ownership and establishes a framework for future exploration and development activities [2][4] Group 2: Inclusion of Nuclear Fuels - The terms of EPL 8748 have been amended to include nuclear fuels, allowing E-Tech to expand its exploration to include uranium and thorium alongside its existing rare earth element resources [3] - This amendment enhances the long-term value potential of the Eureka Project by broadening its exploration mandate [3][4] Group 3: Future Plans and Strategic Positioning - The company plans to advance targeted exploration programs to define new critical mineral prospects while continuing to expand and de-risk its established rare earth element resource base [4] - The interim CEO emphasized that these developments position the Eureka Project to advance under a supportive framework for both rare earth resources and additional critical minerals [4] Group 4: Project Location and Context - The Eureka Project is located approximately 250 km northwest of Windhoek, Namibia, and 140 km east of Walvis Bay, situated next to the national B1 highway in the Erongo Region [5] - The project lies within the Southern Central Zone of the Neoproterozoic Damara Belt, covering EPL 6762 and surrounding EPL 8748 [6] - Namibia is noted for its political stability, established infrastructure, and transparent mining laws, providing a favorable environment for mining activities [7]
REE Automotive Receives Nasdaq Minimum Bid Price Notification
Globenewswire· 2025-07-03 17:10
Core Viewpoint - REE Automotive Ltd. is currently not in compliance with Nasdaq Rule 5450(a)(1) due to its Class A ordinary shares closing bid price being below $1.00 for 30 consecutive business days, from May 15, 2025, to June 27, 2025 [1][2]. Compliance Period - The company has a 180-calendar-day period to regain compliance, with a deadline of December 29, 2025, to achieve a closing bid price of at least $1.00 for a minimum of ten consecutive business days [2][3]. - If compliance is not demonstrated by the deadline, the company's shares may be subject to delisting [3]. Additional Compliance Options - The company may be eligible for an additional 180-calendar-day period to regain compliance if it meets other listing requirements, excluding the bid price [4]. - To qualify for this extension, the company may need to notify Nasdaq of its intention to cure the deficiency, potentially through a reverse stock split [4]. Monitoring and Future Actions - The company plans to monitor its closing bid price and consider options to regain compliance within the specified period [5]. - The Nasdaq letter does not have an immediate effect on the company's listing or trading of its shares, which will continue to trade under the symbol "REE" during the cure period [5]. Company Overview - REE Automotive develops software-defined vehicle (SDV) technology solutions, focusing on enhancing vehicle operations and features through proprietary software [6]. - The company's technology aims to create safer, more modular, and better-performing vehicles, with capabilities for over-the-air updates and improvements [6].
Lynas Rare Earths: Still Bullish On REE Price Recovery
Seeking Alpha· 2025-06-30 09:29
Group 1 - The article discusses a long-term, contrarian approach to equities investing, with a focus on the Tech, Commodities, and Energy sectors as the world undergoes an energy transition [1] Group 2 - No specific company or stock positions are disclosed, indicating a neutral stance on investment recommendations [2][3]
Appia Plans to Resume Exploration at Alces Lake to Advance High-Priority REE Drill Targets
Newsfile· 2025-06-12 11:30
Core Viewpoint - Appia Rare Earths & Uranium Corp. is set to resume exploration activities at its Alces Lake project in Saskatchewan during summer 2025, following a preparatory program in 2024 focused on camp maintenance and land surveying [1][2]. Exploration Plans - The upcoming exploration program will utilize targets identified from a high-resolution Airborne Gravity Gradiometer (AGG) survey, which underwent advanced 3D processing in late 2024 [2][3]. - The summer 2025 phase will commence with Mobile Metal Ion (MMI) soil sampling and ground gravity surveys, aimed at testing potential REE-bearing zones from the surface to depths of 500 meters [2][4]. Strategic Focus - The exploration season's objective is to identify and prioritize compelling drill targets that could lead to larger sources of REE mineralization at Alces Lake [3]. - The program will integrate processed AGG geophysical data with new MMI soil sampling and gravity surveys to strategically focus the drill campaign on deeper potential [3][4]. Technical Approach - The goal is to identify geochemical anomalies that correlate with gravity-magnetic-radiometric-defined anomalies, which are indicators of monazite-hosted REE mineralization [4]. - Known showings like the WRCB and Magnet Ridge Zones will serve as models to guide the exploration tools [4]. Company Overview - Appia Rare Earths & Uranium Corp. is a publicly traded Canadian company engaged in the rare earth element and uranium sectors, holding rights to significant exploration areas in Saskatchewan and Brazil [8]. - The company has 153 million common shares outstanding and 177 million shares fully diluted [9].
Critical Metals Corp Releases Additional High-Grade REE Results From Diamond Drilling at Tanbreez in Greenland
GlobeNewswire News Room· 2025-06-09 18:09
Core Viewpoint - Critical Metals Corp has announced exceptional assay results from the Tanbreez Project in Greenland, indicating a significant opportunity to increase the current Maiden Resource Estimate (MRE) of rare earth materials from 225 million tonnes (MT) to an exploration target of 500MT [1][19][30]. Group 1: Assay Results and Resource Estimates - The weighted average grade from the newly released diamond drill hole results is 0.43% Total Rare Earth Oxides (TREO) with 28% Heavy Rare Earth Oxides (HREO) and 1.44% Zirconium Oxide (ZrO2) [9][13]. - The MRE for the Tanbreez Project is approximately 45MT of eudialyte containing 0.38% TREO, including 27% HREO, along with 180MT of industrial mineral by-products [1][30]. - The deep diamond drill holes have confirmed mineralization grades ranging from 0.33% to 0.51% TREO, with the potential for further resource upgrades [13][19][23]. Group 2: Drilling Plans and Operations - The company has applied for a Program of Works for the 2025 resource drilling program to upgrade the Inferred Resource to Indicated Resource category and extend the size of the Tanbreez Fjord and Hill Zone Deposits [2]. - The first stage of the drilling program will target the Fjord Deposit, while the second stage will focus on the Hill Zone Deposit, with planned depths of 60m to 150m [4][6][5]. - The company is currently re-assaying historical samples to confirm and reconcile assay results, with updates expected soon [3][7]. Group 3: Strategic Positioning and Future Outlook - The Tanbreez Project is strategically positioned to advance development plans, with ongoing exploration and fieldwork to deepen understanding of the asset's potential [1][19]. - The company holds a 42% interest in the Tanbreez Project, with the right to increase this to 92.5%, indicating strong control over the resource [1]. - The project is expected to play a crucial role in supplying critical minerals essential for electrification and next-generation technologies in Europe and its partners [38][39].
REE Announces Cost Reduction Measures to Sustain Long-Term Growth
Globenewswire· 2025-06-09 11:00
Core Insights - REE Automotive Ltd. has announced cost reduction measures to streamline its operations and extend its financial runway, focusing on software-defined vehicle (SDV) technology [1][2][3] Financial Adjustments - The company aims to reduce monthly operating expenses from approximately $6 million to about $2.7 million by year-end, representing a 55% decrease [2][6] - A one-time charge of approximately $2.1 million is expected due to the reduction-in-force plan, which involves a workforce reduction of about 50% across the U.S., Israel, and the U.K. [2][6] Strategic Focus - REE Automotive is concentrating its resources on SDV technology and enhancing operational efficiency while maintaining core R&D and engineering capabilities [3][6] - The company is adopting a licensing and partnership model for its SDV technology to drive long-term growth and stability [3][6] Organizational Changes - The new organizational structure is designed to create a leaner operation, allowing for a stronger focus on licensing its SDV technology [6][7] - The company is taking immediate steps to stabilize operations in response to volatile global macro-economic conditions [3][6] Technology Overview - REE Automotive develops software-defined vehicle technology that enhances vehicle operations and features through proprietary software, aiming for safer and better-performing vehicles [4] - The company's SDV technology utilizes zonal architecture for improved redundancy and stability, with capabilities for over-the-air updates [4]
REE Automotive (REE) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-05-26 17:05
Core Viewpoint - REE Automotive Ltd. has received an upgrade to Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][4]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for REE Automotive indicates expected earnings of -$1.38 per share for the fiscal year ending December 2025, reflecting a year-over-year change of 68.7% [9]. - Over the past three months, the Zacks Consensus Estimate for REE Automotive has increased by 63.3%, showing a trend of rising earnings estimates [9]. Zacks Rating System - The Zacks rating system is based on changes in earnings estimates, which are crucial for determining stock price movements [2][3]. - The system classifies stocks into five groups, with Zacks Rank 1 (Strong Buy) stocks historically generating an average annual return of +25% since 1988 [8]. - REE Automotive's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].