A US development-finance agency that’s on track for a tripling in funding aims to invest in data centers for AI, as well as critical minerals and energy, according to a top official https://t.co/kGHeOvvgqR ...

Core Insights - NevGold Corp. has staked an additional 90 claims at its Limousine Butte Project in Nevada, covering approximately 6 square kilometers or 1500 acres, which shows strong antimony-gold prospectivity [1][3] - The new claims have geological signatures similar to existing antimony-gold targets, indicating potential for significant mineralization [5] Company Updates - The exploration program at Limousine Butte includes the addition of new claims and ongoing drilling activities, with 30 drill holes completed and assays pending [3][5] - Surface rock chip samples from the new claims show promising results, with values up to 8.74 g/t Au and 0.67% Sb [3][5] - The company is advancing metallurgical testwork and has completed Phase 1 sampling of historical leach pads from the Golden Butte pit, which previously produced over 100,000 ounces of gold [3][5] Industry Context - Antimony is classified as a "Critical Mineral" in the U.S. due to its strategic importance in military applications and technology [13] - The U.S. government has issued an Executive Order to strengthen domestic mineral production, identifying antimony as essential for national security [10][11] - Approximately 90% of the world's antimony supply is produced by China, Russia, and Tajikistan, with recent restrictions on exports from China exacerbating supply chain concerns [14]

Core Insights - A Utah company, Ionic Minerals Technology, has discovered a significant deposit of critical minerals, potentially one of North America's most important finds to date [1] - The Silicon Ridge project contains 16 critical minerals, including germanium and gallium, within a more easily extractable ion-adsorption clay (IAC) system [1][3] Company Overview - Ionic MT is based in Provo, Utah, and has mining permits in place for the Silicon Ridge project [3] - The company plans to utilize a 74,000-square-foot processing facility to facilitate rapid development of the mineral deposit [3] Geological Significance - The IAC geological formation in Utah supplies over 70% of the world's heavy rare earth elements and 35-40% of China's total rare earth production [2] - The deposit also includes lithium, rubidium, scandium, cesium, tungsten, vanadium, and niobium [2] Mineral Concentration - Initial assays indicate a concentration of approximately 2,700 parts per million (ppm) or 0.27% of rare earths and critical metals [4] - This concentration is favorable compared to Chinese IAC deposits, which typically range from 500 to 2,000 ppm [4] - The confirmed critical minerals grade is based on only 11% of the total resource area, suggesting significant potential for expansion [4] Industry Context - The U.S. has recently made notable discoveries in critical minerals, including a large lithium reserve in Arkansas, which could contain between 5 and 19 million tons of lithium [5] - The U.S. Geological Survey estimates that there is enough lithium in southern Arkansas to meet current U.S. consumption needs, highlighting the country's reliance on imports for over 25% of its lithium [5]

Supply Chain Security & AI Race - The US government is prioritizing securing supply chains, particularly for AI, viewing economic security as national security [2][4][6] - The US aims to win the AI race through innovation and diffusion, expanding compute capacity domestically and exporting technology globally [26][27] - Pax Silica Initiative fosters collaboration with allies (Korea, Japan, Australia, UK, Singapore, Israel) to secure supply chains and co-invest in fabs, data centers, and refining projects [4][6][7] - The US government utilizes various resources like the Development Finance Corporation, Department of War, and Office of Strategic Capital to support supply chain initiatives [8] - The Department of War is investing in domestic mineral supply chains to ensure a reliable ecosystem for weapon production in both peace and wartime [10][11] - A $400 million investment for 15% of MP Materials is highlighted as an example of government support for securing critical mineral supplies [8] International Relations & Trade - The US seeks a constructive, stable, and positive relationship with China while prioritizing American interests [25] - The US acknowledges a growing economic security consensus with Europe, particularly regarding global imbalances and unfair trade practices [17][18] - The US sees Europe as an important partner in addressing economic and supply chain challenges, despite disagreements on technology regulation [19][22][23] - The US National Security Strategy was intended as a diagnosis of the challenges facing Europe, not an insult [20][21] - The US is engaging with countries like India to expand the Pax Silica Initiative and address specific supply chain security challenges [13][14]

Supply Chain Resiliency and Economic Security - The US government is focused on ensuring supply chain resiliency and preventing over-reliance on specific countries [1] - The economic security strategy is based on rebalancing trade, stabilizing conflict zones, industrializing America, and securing supply chains [2][3][4] - PAX Silica provides a framework for securing supply chains with allies and partners to lead future industries [4] - Economic security is considered national security, making economic policy a prerequisite for national survival [7] - The US government is leveraging various investment vehicles and collaborating with allies and the private sector to strengthen economic security [7][8] Public-Private Partnerships and Investments - Public-private partnerships are being utilized to support specific smelters and initiatives [5] - The US government is investing in domestic mineral production to ensure a reliable supply for national defense [9][10] - An example investment is $400 million for 50% of empty materials, framed as an investment in America's defense capabilities [8] International Collaboration - The US is collaborating with countries like Korea, Japan, Australia, the UK, Singapore, and Israel to address global supply chain challenges [6] - The inaugural PAX Silica summit included allies and guests like Taiwan and the OECD, with expectations for more countries, including India, to join [11][12] - The US is engaging with Europe on economic security, noting a growing consensus and opportunities for collaboration [17][24] US-China Relationship - The US aims for a constructive, stable, and positive relationship with China while prioritizing American interests [26] - The US seeks to win the "air race" through innovation and diffusion, expanding compute capacity domestically and exporting technology globally [27][28]

Core Viewpoint - The merger between Teck Resources Limited and Anglo American plc has received regulatory approval from the Government of Canada, establishing a new entity named Anglo Teck, aimed at becoming a global leader in critical minerals with significant investments in Canada [1][3][4]. Commitments and Investments - Anglo Teck is committed to investing at least C$4.5 billion in Canada within the next five years, contributing to a total of at least C$10 billion over 15 years [2][12]. - Specific projects include the Highland Valley Copper mine life extension with an expected capital investment of C$2.1 to C$2.4 billion, and up to C$850 million for enhancing critical minerals processing capacity at Trail Operations [13][14]. - Anglo Teck will also advance the development of the Galore Creek and Schaft Creek copper projects with capital expenditures of up to C$750 million [14]. Corporate Structure and Governance - Anglo Teck will have its headquarters in Vancouver, Canada, with a significant majority of its senior management based in Canada, including key executive positions [6][9]. - A substantial proportion of the board of directors will be Canadian, ensuring local representation [9]. Environmental and Social Commitments - The new entity will uphold leading environmental and social practices, honoring existing agreements with Indigenous communities and promoting responsible mining [10][19]. - Anglo Teck plans to invest at least C$200 million in initiatives supporting Indigenous governments and communities [16]. Strategic Importance - The merger is positioned to enhance Canada's role in the global critical minerals market, aligning with government economic strategies and creating benefits for various stakeholders [4][5]. - The establishment of a Global Institute for Critical Minerals Research and Innovation is part of the commitment to foster research and development in the sector [21].

Regulatory Landscape - China has started granting licenses with lengthier terms to European companies [1] - This move aims to facilitate European companies' access to critical minerals in China [1] International Trade - The information was revealed by European Commission's trade chief Maros Sefcovic [1]

Regulatory Landscape - China is granting licenses with lengthier terms to European companies [1] Critical Minerals - The licenses are for obtaining critical minerals essential for industries [1]

Core Viewpoint - Glenstar Minerals Inc. has initiated the Phase 2 drill program at its Green Monster Project in Nevada, following a successful Phase 1 program that identified a new mineralized zone with high-grade zinc and other valuable minerals [1][4][15]. Drilling Program Details - The Phase 2 drill program will involve nine holes across four targeted locations along a 300-meter strike length, with specific focus on the "discovery" zone and areas previously drilled in Phase 1 [2][4]. - The drilling will utilize a track-mounted reverse circulation drill, with two holes in the primary Phase 1 area, three in the discovery zone, and two holes each at two additional sites further west [2][4]. Geophysical Data and Survey - Drill hole locations for Phase 2 were determined based on geophysical data from a recent Hybrid-Source Audio-Magnetotellurics Survey conducted in November [3]. Previous Exploration and Results - The Phase 1 drill program, conducted in May 2025, revealed a mineralized zone approximately 10 meters wide, featuring high-grade zinc (>30%) and significant assay results including 177 ppm silver (5.7 oz/t), 523 ppm nickel (0.0523%), and cobalt up to 91.9 ppm (0.0019%) [4][15]. - The mineralization was found at depths from approximately 131 meters to 142 meters, located in the hanging wall of the Green Monster Fault Zone [4]. Project Background - The Green Monster Property consists of 35 federal lode claims covering around 700 acres in Clark County, Nevada, approximately 40 miles southwest of Las Vegas [5]. - Prior to the recent drilling, no drilling had been conducted on the property, although previous sampling in 2022 indicated robust nickel-copper with anomalous cobalt, suggesting several targets suitable for shallow drilling [5][6]. Company Overview - Glenstar Minerals Inc. focuses on exploring and developing critical minerals essential for electronics and energy technologies [7]. - The company's shares are traded on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [8].

Core Insights - Kirkstone Metals Corp. has engaged Clee Roy as the Government & Strategic Funding Consultant to enhance its funding opportunities for mineral exploration and development initiatives [1][2][4] Engagement Scope - Mr. Roy will identify, evaluate, and manage government and non-government funding opportunities at various levels, overseeing the entire funding lifecycle [2][5] - The appointment reflects significant capital commitments from Canadian governments to support critical minerals and clean-energy supply chains, creating opportunities for exploration-stage companies [3][6] Government Funding Environment - Canada's Critical Minerals Strategy has committed up to CAD $3.8 billion for critical-mineral exploration and supply-chain development, including uranium [6] - Recent federal budgets reaffirmed expanded funding for mineral exploration tax credits and clean-energy infrastructure [6] - The Government of Saskatchewan supports uranium exploration through regulatory alignment and infrastructure investment [6] CEO Commentary - The CEO of Kirkstone expressed confidence in Mr. Roy's experience with funding programs, which aligns with the company's growth strategy [4][7] About Clee Roy - Clee Roy has over 30 years of international experience, specializing in securing government and industry funding related to critical minerals and clean-energy initiatives [7][8] Company Overview - Kirkstone Metals Corp. focuses on uranium assets to support the transition to clean energy, with projects located in the Athabasca Basin [9]