Artificial Intelligence in Mining
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Avalon to Brief Stakeholders on North American Rare Earth and Lithium Strategy
TMX Newsfile· 2026-01-14 21:30
Core Viewpoint - Avalon Advanced Materials Inc. is hosting a webinar on January 20, 2026, to discuss its critical minerals platform and strategic growth initiatives, focusing on its Nechalacho Rare Earth Elements and Zirconium Project and plans for lithium supply chain integration [1][2]. Group 1: Company Overview - Avalon Advanced Materials Inc. is a Canadian critical minerals company focused on developing strategic assets essential for a resilient North American supply chain [4]. - The company is advancing the Nechalacho Rare Earth Elements and Zirconium Project, which contains all light and heavy rare earth elements, as well as yttrium, zirconium, tantalum, and niobium [4]. - Avalon is also working on vertically integrating the Ontario lithium supply chain through the development of Lake Superior Lithium Inc.'s lithium hydroxide processing facility in Thunder Bay, Ontario [4]. Group 2: Strategic Initiatives - The Nechalacho Project is highlighted as one of the largest and highest-quality North American resources for rare earth elements, which are critical for defense, clean energy, and advanced technology supply chains [2]. - Avalon plans to develop a lithium hydroxide processing facility to connect northern Ontario's lithium resources with the growing electric vehicle battery manufacturing base in southern Ontario and North America [4]. - The company is advancing the Separation Rapids Lithium Project through a joint venture with SCR Sibelco NV and is continuing exploration at its Snowbank lithium and Lilypad lithium-cesium deposits [4]. Group 3: Webinar Details - The webinar will feature Avalon's President and CEO Scott Monteith and CFO Lorin Crenshaw, who will provide insights into the company's initiatives and market positioning [2]. - A live Q&A session will follow the presentation, allowing investors to engage directly with company leadership [2][3].
Bunker Hill Completes The Ranger Page Project Acquisition in Idaho's Silver Valley and Provides Corporate Update; Advances Exploration in Idaho Leveraging VRIFY's AI-Enabled Exploration Intelligence Software
Globenewswire· 2025-12-12 11:00
Core Insights - Bunker Hill Mining Corp has successfully completed the acquisition of mineral interests from Silver Dollar Resources, enhancing its control over a historically productive area in Idaho's Silver Valley mining district [1][2][3] Transaction Details - The acquisition includes a 100% interest in the Ranger-Page mineral interests and a 75% interest in the Government Gulch property, totaling approximately US$2.4 million, paid in shares [4][5] - The asset purchase agreement includes a contractual escrow payment schedule for the release of shares to the vendor [5][6] - The transaction is arm's length, with no finder's fee involved, and includes options for additional mineral interests from Deadwood Land, LLC and Blackhawk Exploration LLC [7][8][10] Strategic Implications - The acquisition consolidates Bunker Hill's mineral claim package by approximately 1,205 acres (4.8 km²) and includes a historical geological database, potentially extending the operational life of the Bunker Hill Mine [2][3] - The project is expected to maximize economies of scale and unlock local synergies, enhancing the company's long-term development pipeline [2][3] Technological Advancements - Bunker Hill has partnered with VRIFY Technology Inc. to utilize AI and machine learning for exploration efficiency, leveraging extensive geological datasets [14][15] - The integration of VRIFY's DORA software aims to enhance project understanding and accelerate discovery in the Silver Valley [15][19] Corporate Governance - The company's board has approved an increase in authorized shares from 2.5 billion to 3.5 billion, providing greater flexibility for future stock issuances [23][24][25]
Americore Resources Announces an Agreement to Acquire the Issued and Outstanding Shares of Nevada Hills Gold LLC, Thereby Expanding the Size and Potential of the Trinity Silver Project in Nevada
Newsfile· 2025-11-24 13:00
Core Viewpoint - Americore Resources Corp. has announced an agreement to acquire up to 100% of the issued and outstanding shares of Nevada Hills Gold LLC, enhancing the potential of the Trinity Silver Project in Nevada [1][4]. Acquisition Details - The acquisition involves the first 50% of shares for $100,000 USD and 1,500,000 Americore shares, subject to TSX-V approval [4]. - The remaining 50% can be acquired for an additional $100,000 USD and 1,500,000 Americore shares, contingent on positive exploration results by June 30, 2026 [3][4]. Project Expansion - The Seka Claims consist of 41 unpatented mineral claims covering approximately 840 acres, strategically located within the Trinity Silver District [2]. - With the addition of the Seka Claims, Americore controls a significantly enhanced land position in a historically productive silver district that previously produced around 5 million ounces of silver [5][10]. Historical Context - The Trinity Silver Project has a substantial land position, including 1,280 acres of fee land owned by Newmont and 18,350 acres under leases [9]. - Historic mining operations from 1987 to 1988 yielded approximately 5 million ounces of silver from 1,085,790 tons of silver-oxide material at an average grade of 6.32 oz/ton [10]. Mineral Resource Estimates - A National Instrument 43-101 technical report outlines historic mineral resource estimates for both oxide and sulfide domains, with inferred oxide resources totaling approximately 6,490,000 ounces of silver at a cutoff of 0.30 oz/ton [11]. - Inferred sulfide resources are estimated at approximately 10,691,000 ounces of silver at a cutoff of 1.00 oz/ton [12]. Future Exploration Plans - Americore plans to conduct a comprehensive exploration program that includes modern data-driven exploration techniques, sampling, and drilling to confirm mineralization [20][27]. - The integration of historic datasets with modern exploration technologies is expected to enhance discovery and value creation in 2026 [6].
Lode Gold Identifies Upside Potential at Fremont Mine, Mariposa - Mother Lode Belt: 9 New Exploration Targets
Newsfile· 2025-10-01 13:00
Core Insights - Lode Gold Resources Inc has identified nine new exploration targets at the Fremont Mine, enhancing its potential for mineralization beyond the previously known deposits [1][6][29] Group 1: Exploration and Technology - The new targets were identified using VRIFY's DORA, an AI tool that integrates various geological data to generate high-probability exploration targets [2][4][26] - DORA analyzed over 259 data layers, including geochemistry, geophysics, and drill data, to create a comprehensive prospectivity map for the Fremont Mine [21][24] - The AI platform revealed complex correlations and generated new exploration targets while validating existing zones [3][26] Group 2: Resource Estimates and Mining Plans - The 2023 Preliminary Economic Assessment (PEA) estimates a mineral resource of 1 million ounces in the Measured and Indicated category and 2 million ounces in the Inferred category [7][30] - Only 8% of the resource identified in the 2025 Mineral Resource Estimate has been extracted, indicating significant exploration upside [11][29] - The company plans to advance several new targets toward drilling and aims to initiate a Pre-Feasibility Study by early 2026 [6][15] Group 3: Historical Context and Future Operations - The Fremont Mine was previously mined at a grade of 10.7 grams per tonne before operations ceased in 1942 due to World War II [13][29] - Current plans include underground bulk mining, with a potential processing capacity of 300-500 tonnes per day, aiming to pour gold by early 2028 [16][18] - The mine has extensive underground workings, with 23 kilometers extending from the surface to a depth of 500 meters, and is open for further exploration [8][29]