Core Insights - First Atlantic Nickel Corp. has reported a significant drill hole intersection of 491 meters of visibly disseminated awaruite mineralization at the RPM Zone within its Pipestone XL Nickel Alloy Project, extending the strike length to 800 meters, which is double the length drilled during Phase 1 [1][8][6] Drilling and Mineralization - The Phase 2X drilling program is expanding the RPM Zone with long intersections of visibly disseminated awaruite mineralization, confirming continuity across three drill sections spaced approximately 400 meters apart [2] - Drill hole AN-25-08 has established an 800-meter north-south strike length at the RPM Zone, with the largest disseminated awaruite grains identified to date, reaching up to ~2,000 microns in length, which is double the previous record [6][7][8] Metallurgical Testing - Samples from Phase 2X drill holes have been submitted for whole-rock assay analysis and Davis Tube Recovery (DTR) metallurgical testing, with DTR testing returning average magnetic concentrate grades of 1.38% nickel and 1.67% chromium [3][8] - The average DTR nickel grade calculated across all reported drill holes is 0.12%, with a mass pull of 9.08% [3][8] Geological Model and Exploration - A new geological model suggests that the Pipestone Ophiolite Complex consists of laterally extensive layers of peridotites or harzburgites, with optimal drill orientation being east-dipping at angles between 45-65 degrees to better test the mineralized zones [18][19] - Initial east-dipping drill holes have intersected higher concentrations of awaruite nickel mineralization in harzburgites compared to dunites, providing a more complete profile of the deposit [20] Future Plans and Updates - The Phase 2X program aims to test beyond a 1-kilometer strike length, with multiple updates on drilling and project developments expected in the coming weeks [8][2] - The company is positioned to meet the growing demand for responsibly sourced nickel, aligning with new US Electric Vehicle requirements that stipulate no critical minerals processed by foreign entities [37][38]

  The U.S. Administration is increasingly looking to have a direct equity involvement in America’s critical minerals supply chain, in the race to close the gap with the world’s dominant holder of supply of critical metals and rare earth elements, China. As the U.S. seeks to reduce dependence on China in the supply chain of key defense, military, and battery technologies, the Trump Administration is reportedly asking to have a 10% stake in a major lithium project in Humboldt County in northern Nevada. T ...

Core Insights - RecycLiCo Battery Materials Inc. has acquired a new 10,047-square-foot building in Delta, British Columbia, to serve as its corporate headquarters and operational hub, which will include executive offices, a lithium-ion battery recycling demonstration plant, and an in-house analytical laboratory [1][2] - The acquisition is a strategic move to enhance the company's capacity for lithium, cobalt, nickel, and manganese supply chains, positioning RecycLiCo as a commercial participant in the critical minerals sector [2] - The purchase price for the building was $5,875,000, with $4,406,250 financed by the seller at a 5% annual interest rate, secured by a three-year mortgage [2] Operational Developments - The relocation and commissioning of RecycLiCo's demonstration plant will occur alongside the construction of the new laboratory, aiming to minimize downtime and expedite customer qualification and commercial deployment [3] - The reassembled plant is expected to begin commissioning in early 2026, with operational readiness targeted for Spring 2026, contingent on construction progress and regulatory approvals [3] Company Overview - RecycLiCo specializes in critical minerals refining, utilizing advanced hydrometallurgical technologies to process mined ore and upcycle lithium-ion battery materials, efficiently recovering essential minerals from end-of-life batteries and manufacturing scrap [4] - The company's focus aligns with the increasing global demand for responsible supply chains and the movement towards strengthening domestic sourcing of critical materials [4]

Core Insights - Electra Battery Materials Corporation has appointed David Stetson to its Board of Directors, bringing extensive leadership experience in the natural resources sector [1][5] - Stetson previously served as CEO of Alpha Metallurgical Resources, where he increased the company's market capitalization from $50 million to over $4 billion and eliminated $800 million in debt [2] - The appointment is part of Electra's strategy to strengthen its financial foundation and enhance its role in North America's critical minerals supply chain [5][6] Company Update - Electra has closed a bridge financing of $2 million through the issuance of unsecured 90-day promissory notes to support operations during its restructuring [6] - The addition of Stetson to the Board is seen as a reinforcement of Electra's commitment to disciplined execution as it advances its transformation and growth strategy [6] - Electra is focused on developing North America's only cobalt sulfate refinery and aims to reduce reliance on foreign supply chains through onshoring critical minerals refining [7][8]

Core Points - The Ontario government has awarded Fox River Resources Corporation funding of up to CAD$218,500 through the Critical Minerals Innovation Fund for the Martison project [1][2] - The funding will be utilized for process test work to convert merchant grade phosphoric acid into purified phosphoric acid for the LFP battery supply chain [1][2] - The Martison project is described as a high-grade, large-scale igneous phosphate deposit that can provide a secure domestic supply of phosphate fertilizers and purified phosphoric acid [2] Company Information - Fox River owns a 100% interest in the Martison Phosphate Project, located near Hearst, Ontario, which hosts the Anomaly A deposit [4] - A positive preliminary economic assessment for the Martison project was effective as of April 21, 2022 [4] - The technical disclosure in the news release has been approved by Mr. Tim Horner, a qualified geologist [3]

Core Insights - Atlas Lithium Corporation's subsidiary, Atlas Critical Minerals, reported high-grade near-surface rare earths mineralization with grades reaching 28,870 ppm TREO and 23.2% TiO₂, alongside graphite concentrate results of up to 96.6% [1][5][6] - The company holds over 575,000 acres of mineral rights in Brazil, which is known for its significant rare earth deposits and is home to the world's second-largest graphite reserves [1][8] - The strategic importance of critical minerals has been highlighted by recent investments, such as the U.S. Department of Defense's $400 million investment in MP Materials, emphasizing the growing demand for these resources [7][8] Company Overview - Atlas Lithium is advancing its wholly owned Neves lithium project in Minas Gerais, Brazil, which encompasses approximately 539 square kilometers of lithium mineral rights, making it the largest lithium exploration footprint in Brazil among publicly listed companies [10][12] - The company has a 30.1% ownership stake in Atlas Critical Minerals, providing shareholders with exposure to a broader range of critical minerals [1][12] Project Highlights - The Alto Paranaíba rare earths and titanium project is located in a proven rare earths region and is divided into three exploration blocks for operational efficiency [2] - Initial results from the graphite project in Minas Gerais indicate strong metallurgical performance, with conventional flotation techniques yielding graphite concentrates of up to 96.6% total graphite carbon [6][9]

Project Overview - The Kalgoorlie Nickel Project (KNP) Goongarrie Hub is the largest nickel-cobalt Mineral Resource Estimate (MRE) in Australia [9] - KNP Goongarrie Hub contains 584Mt at 0.69% Ni and 0.043% Co for 4Mt of contained Ni and 250kt of contained Co [10] - KNP Kalpini Hub contains 270Mt at 0.76% Ni and 0.05% Co for 2Mt of contained Ni and 136kt of contained Co [10] - The project has a forecast operation of +40 years [53] Partnership and Funding - Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) are fully funding the Definitive Feasibility Study (DFS) up to A$98.5M to earn up to 50% interest in Kalgoorlie Nickel Pty Ltd (KNPL) [15] - The Consortium earned its first 17.5% in July 2025 [15] HPAL Technology and Production - Global MHP and MSP production has increased by over 300% since 2020 [26] - HPAL now into 5th generation of technical advances [21] Market Demand - Electric Vehicle (EV) sales reached 9.1 million in H1 2025, a 28% year-to-date growth [35] - Global energy storage grid deployments reached 13.6GWh in January 2025, a 94% year-on-year increase [35] - Global steel consumption is projected to increase by 132Mt, or over 7% [38] Cost Competitiveness - The Pre-Feasibility Study (PFS) indicates a low C1 Opex before Cobalt credit of US$10,197/t Ni (US$4.62/lb) in MHP LOM [60] - Australia's recently approved tax credit provides a 10% refund against processing costs (64% of PFS Opex estimate) for the first decade [65] Financial Metrics (from 2023 PFS) - Pre-tax NPV7 of A$7,625M (IRR 30%) and Post-tax NPV7 of A$4,980M (IRR 23%) [114] - Average Annual EBITDA of A$800M [114]

Core Insights - First Atlantic Nickel Corp. has announced the successful completion of its Phase 1 drilling program at the RPM Zone, revealing a significant near-surface mineralized zone of awaruite nickel measuring approximately 400 meters by 500 meters [1][5][10] - The company is now advancing into Phase 2 drilling, which is fully funded and aims to expand the known mineralization footprint and assess the potential for a large-scale resource [1][12][13] Company Overview - First Atlantic Nickel Corp. is a Canadian mineral exploration company focused on developing the Atlantic Nickel Project, which is 100% owned and strategically located in Newfoundland, Canada [30][31] - The project features awaruite, a natural nickel-iron alloy that allows for smelter-free processing, enhancing North America's critical minerals supply chain [30][31] Phase 1 Drilling Results - The Phase 1 drilling program consisted of four diamond drill holes totaling 1,363 meters, all of which intersected broad, continuous zones of mineralization [5][6][10] - Metallurgical testing yielded an average magnetically recoverable nickel grade (DTR Ni%) of 0.13%, with an average magnetic nickel concentrate of 1.41% Ni and a mass pull of 9.1%, indicating a total nickel recovery of 54% based on an initial total nickel grade of 0.24% [1][5][8] Phase 2 Drilling Plans - The Phase 2 drilling program is designed to systematically expand the mineralization footprint, targeting areas to the north, east, and west of the RPM Zone [12][13] - Initial results from the first hole of Phase 2 (AN-25-06) have confirmed the presence of large grain visible awaruite, extending the mineralization eastward [12][13] Awaruite Nickel Significance - Awaruite is noted for its environmentally friendly processing capabilities, as it can be concentrated through magnetic separation without the need for high-temperature smelting or acid leaching [2][19][22] - The U.S. Inflation Reduction Act mandates that eligible clean vehicles must not contain critical minerals processed by foreign entities of concern, positioning awaruite as a strategic resource for North American electric vehicle manufacturers [19][22] Market Context - The development of awaruite resources is crucial given China's dominance in the global nickel market, controlling a significant portion of nickel refining and smelting [22] - Awaruite's unique properties could help reduce North America's dependence on foreign processing, thereby enhancing the security and reliability of the domestic nickel supply chain [22][30]

Core Insights - Military Metals Corp. has reported high-grade results from grab samples taken from a historical mine stockpile at the West Gore antimony-gold project, with antimony grades reaching up to 40.6% and gold grades up to 106.5 grams per tonne [1][3][4] - The results support the historical mining data from 1914-1917, when West Gore was a significant antimony producer during World War One [1][3] - The company plans to commence a drill program to explore new targets identified beyond the previously mined areas [1][3] Historical Stockpile Sample Highlights - The highest grade sample returned 40.6% antimony and 106.5 gpt gold, while the average antimony across five samples was 17.94% and the average gold was 34.68 gpt [4][6] - Additional high-grade antimony results included 23.5% and 18.1%, while high-grade gold results included 27.4 gpt and 25.8 gpt [4][6] - Three high-priority drill targets that were never previously identified will be tested in the upcoming work program [4] Company Strategy and Market Context - The CEO of Military Metals emphasized the importance of these results in reinforcing the exploration plan and the potential role in the critical minerals supply chain, particularly for antimony [3] - The government of Nova Scotia has updated the approval process for metal-mining projects to accelerate timelines, which may benefit industry progress [3] Mining History and Geology - Historical documentation indicates that 32,000 metric tons were mined at West Gore, producing 7,000 metric tons of concentrate grading 46% antimony, yielding 3,220 metric tons of antimony metal and 6,861 ounces of gold [4][5] - Gold deposits in Nova Scotia are characterized by unique geological features, with historical production from the Rawdon Hills area totaling 13,494 ounces [10] Quality Assurance and Analytical Methods - Samples were analyzed at ALS Canada, following strict quality assurance protocols to ensure analytical accuracy [9] - The analytical results for antimony and gold from the five samples varied significantly, supporting the historical documentation of mined grades [6]

Core Viewpoint - Troilus Gold Corp. has entered into indicative commercial offtake terms with Boliden Commercial AB for the sale of copper-gold concentrate from the Troilus Project, enhancing its strategic position in the European critical minerals supply chain [1][2]. Group 1: Offtake Agreements - The agreement with Boliden is the second offtake arrangement for Troilus, following a prior agreement with Aurubis AG, which underscores the quality of Troilus' anticipated concentrate [2]. - The final binding offtake agreements with both Boliden and Aurubis are expected to be executed alongside a broader US$700 million debt financing package [4]. Group 2: Project Production and Feasibility - The Troilus Project is projected to produce an annual average of approximately 135.4 million pounds of copper equivalent, translating to 75,000 wet metric tonnes (WMT) of concentrate containing payable copper, gold, and silver [3]. - The feasibility study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning Troilus as a cornerstone project in North America [8]. Group 3: Strategic Partnerships and Development - The partnership with Boliden renews a long-standing relationship, as Boliden previously processed concentrate from the Troilus site during its past production years [4]. - The company is advancing across regulatory, technical, and commercial fronts toward a construction decision, with ongoing support from financial institutions and export credit agencies [4][6].