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Americas Gold and Silver Announces Strong Antimony Production Results at its Galena Complex - the Only Producing Antimony Mine in the United States
Newsfile· 2025-10-16 10:30
Core Viewpoint - Americas Gold and Silver Corporation has reported strong antimony and copper production results from its Galena Complex, highlighting its position as the only producing antimony mine in the United States and signaling a new era under new management [1][3][4]. Production Results - For the first three quarters of 2025, the company produced a total of 447,466 pounds of antimony and 615,817 pounds of copper, with an average Sb:Cu ratio of approximately 0.73, slightly above the historical ratio of 0.69 [2][5]. - The quarterly breakdown of production is as follows: - Q1 2025: 130,649 lbs of antimony and 175,215 lbs of copper - Q2 2025: 173,393 lbs of antimony and 239,949 lbs of copper - Q3 2025: 143,424 lbs of antimony and 200,654 lbs of copper [2]. Strategic Importance - The Galena Complex is recognized for its strategic importance in producing critical metals, particularly antimony and copper, which are essential for various industries [5][6]. - The company is focused on increasing production of high-grade silver tetrahedrite ore, which is the primary host for antimony and copper, aiming to restore historical production levels [5][6]. Management and Growth Plans - Under new management, the company is making investments in growth projects at the Galena Complex to enhance production capabilities and drive future revenues from antimony and copper [4][5]. - The company has achieved a breakthrough in antimony extraction, with over 99% recovery from flotation concentrate, positioning it as a major supplier of critical metals in the U.S. [5][7]. Company Overview - Americas Gold and Silver Corporation is a growing precious metals and antimony mining company with multiple assets in North America, having increased its ownership in the Galena Complex to 100% in December 2024 [8]. - The company is led by an experienced management team and is fully funded to execute its growth plans, aiming to become one of the top North American silver and antimony mining companies [8].
American Tungsten Announces $10 Million Non-Brokered LIFE Private Placement
Globenewswire· 2025-10-14 11:00
Core Points - American Tungsten Corp. plans to conduct a non-brokered Listed Issuer Financing Exemption (LIFE) private placement offering for gross proceeds of up to $10,000,000 by issuing up to 2,857,142.86 common shares at a price of $3.50 per share [1][3] - The proceeds from the offering will be used to expand the exploration program at the IMA Mine, fast track technical studies, and for additional working capital [3] - The offering is subject to approval from the Canadian Securities Exchange (CSE) [4] Company Overview - American Tungsten Corp. is a Canadian exploration company focused on tungsten and magnetite assets in North America, particularly advancing the Ima Mine Project in Idaho [5] - The Ima Mine Project is a historic underground tungsten property with significant infrastructure, and the company holds an exclusive option to acquire full ownership [5]
Quantum Completes Second Airborne Survey at NMX East Project in Quebec
Thenewswire· 2025-10-02 12:00
Initial Airborne Survey Confirms Magnetic Anomaly Similar to Nisk DepositVancouver, BC – TheNewswire - October 2, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce that, further to the news of September 22nd, 2025 the Company has successfully completed a MAG-TDEM (magnetic-time domain electromagnetic) airborne survey on its wholly owned NMX East Property in Northern Québec.During September, Quantum completed two airborne survey ...
Quantum Completes Initial Airborne Survey at NMX East Project in Quebec
Thenewswire· 2025-09-22 12:50
Core Insights - Quantum Critical Metals Corp. has successfully completed a VLF and magnetic geophysical survey at its NMX East Project in Northern Québec, aimed at validating historical data and enhancing geological targeting for nickel and PGE [1][2] - The company plans to conduct a follow-up high-resolution MAG-TDEM survey to improve subsurface modeling and refine drill targets for Ni-PGE mineralization based on favorable initial results [2][3] - CEO Marcy Kiesman highlighted the confirmation of mafic-ultramafic rocks at the surface and the potential for nickel and PGE targets, indicating encouraging early results in a promising region [3] Company Developments - The company has issued 4,000,000 stock options to consultants and directors, exercisable at $0.15 per share for five years, aligning with long-term incentives for shareholder value creation [3] - Quantum Critical Metals Corp. is focused on advancing critical metals projects, with a portfolio that includes various promising assets in Québec and British Columbia, positioning the company to support the transition to a sustainable critical metals supply [4]
Quantum Identifies Mica as Key Carrier of Critical Elements at NMX East, Quebec
Thenewswire· 2025-09-04 13:40
Preliminary assays from pegmatite core reveal strong correlation between mica content and enrichment of Ga, Rb, Cs, Li, Nb, Sn, and Ta.Vancouver, BC – TheNewswire - September 4, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") has received assays back on hand selected mica samples from pegmatite core from the NMX East project, located in the Eeyou Istchee James Bay region of Québec.A sample of pegmatite core was collected and sent to SGS Lakefield f ...
Quantum Visits Babine Copper Projects, BC
Thenewswire· 2025-08-20 21:40
Core Viewpoint - Quantum Critical Metals Corp. is advancing its Babine copper projects in British Columbia, focusing on site visits to establish access, verify previous showings, and conduct geological mapping and sampling [1][8]. Group 1: Project Details - The Babine North property includes the historic Friday Red copper showing, featuring disseminated chalcopyrite within volcanic rocks, located 90 km east of Hazelton, B.C. [2] - The Babine East property hosts the Adda showing, with historical assays reporting 5.49 g/t silver and 10.6% copper from chalcopyrite veins [3]. - The Babine South property covers the Bol showing, where historical sampling yielded silver values up to 2,790 g/t (99.6 oz/t) [4]. - The Babine Swift property spans 487 hectares and features various mineralization styles, with grab samples returning 0.46–1.28% copper, 11.6–14.8 g/t silver, and 0.13–2.15 g/t gold [5]. - The Babine West property covers 2,300 hectares and borders significant deposits, with exploration results reported in March 2025 [6]. Group 2: Company Strategy and Goals - The company aims to supply North America with critical minerals while exploring opportunities for joint ventures and collaborations with other mining companies [8]. - Geological mapping and outcrop sampling are identified as essential early-stage exploration activities that will lead to further geophysics and drilling [8]. - Quantum Critical Metals Corp. is strategically positioned to support the transition to a secure and sustainable critical metals supply, with a growing portfolio of projects [10].
Quantum Discovers Evidence of Mafic-Ultramafic Rocks at NMX East, QC
Thenewswire· 2025-08-14 12:40
Core Insights - Quantum Critical Metals Corp. has received an optical mineralogy report confirming the presence of metamorphosed mafic-ultramafic intrusive rocks at its NMX East Project in Northern Québec, aligning with the company's understanding of the area's geological context [1][6] - The NMX East Project is strategically located near the Nisk deposit, which contains lithium and Ni-PGE mineralization, indicating potential for valuable resource extraction [3] - The company plans to conduct advanced magnetic and EM-VLF surveys to further investigate the Ni-PGE potential of the NMX East Project [4][6] Geological Findings - The optical mineralogy report from PMC Laboratory details the mineralogical characteristics of two samples from the NMX East Project, confirming their relation to the Bande du Lac des Montagnes (BLM) formation [1] - A recent field visit identified a 1 km long amphibolite boulder field associated with a magnetic anomaly, suggesting further exploration is warranted [2] Future Plans - Quantum intends to expedite a high-resolution magnetic and EM-VLF survey using advanced laser magnetometer sensors to enhance the accuracy of geological assessments [4] - The CEO emphasized the significance of confirming mafic-ultramafic rocks on the property, marking a critical step in exploring the ultramafic rock potential [6] Company Overview - Quantum Critical Metals Corp. is focused on advancing critical metals projects, with a portfolio that includes various promising assets in Québec and British Columbia [6]
Quantum Welcomes Karl Haase to its Metallurgy Technical Advisory Committee
Thenewswire· 2025-07-29 13:00
Vancouver, BC – TheNewswire - July 29, 2025 – Quantum Critical Metals Corp. (TSX.V: LEAP | OTCQB: ATOXF | FSE: 86A1) ("Quantum" or the "Company") is pleased to announce the appointment of Karl Haase to its Metallurgy Technical Advisory Committee. Mr. Haase is a Professional Engineer, (registered with Engineers and Geoscientists B.C.), with over 15 years of project development and execution experience across North America and Australia. Karl has worked on a wide range of projects including precious and base ...
Quantum Critical Metals Initiates Metallurgical Test Work on Gallium-Rubidium-Cesium Mineralization at NMX East
Thenewswire· 2025-07-25 13:00
Core Insights - Quantum Critical Metals Corp. has submitted a core test sample from the NMX East project for metallurgical testing to SGS Lakefield, Ontario, aiming to investigate the mineralogical association of gallium, rubidium, and cesium [1][4] - The company is prioritizing early metallurgical studies to evaluate the economic viability of metal recovery, which is a proactive approach to fast-track development and enhance its position in the critical metal supply chain in North America [6][7] - Recent geopolitical developments, including China's export restrictions on gallium, highlight the strategic importance of diversifying supply chains and developing domestic sources for critical metals [9][17] Company Developments - A core sample weighing over 40kg was taken from hole DNW 2023-03, with assay results indicating significant levels of gallium, rubidium, and cesium [2][3] - The company has identified two distinct mineralized systems within its portfolio, confirming elevated and consistent intervals of critical metals [4] - Initial findings suggest gallium may be recoverable from mica, a non-traditional source, which could enhance the company's processing capabilities [6] Market Context - The global high-purity gallium production was estimated at 320 tonnes in 2023, with a projected demand growth due to its applications in semiconductors and renewable energy [8] - Rubidium, primarily obtained as a byproduct of lithium, has a niche market with an estimated global annual consumption of less than 2,000 kilograms, and prices for high-purity rubidium compounds can exceed $1 million per tonne [11][12] - The cesium market was valued at approximately USD 363.58 million in 2024, projected to reach nearly USD 601.72 million by 2032, driven by its applications in medical imaging and telecommunications [13][15] Strategic Importance - The discoveries made by Quantum Critical Metals Corp. are timely, as they support North American critical mineral independence amid global supply chain challenges [6][9] - The company's focus on gallium, rubidium, and cesium aligns with the increasing demand for these metals in high-tech applications, including semiconductors and renewable energy technologies [10][16] - The strategic importance of critical metals is underscored by the U.S. and Canada identifying specific minerals vital to their economic and national security [16][17]