Accessibility StatementSkip Navigation The Project has the Only American Reserve of Critical Mineral Antimony American Antimony Needed to Counter Chinese Export Ban BOISE, Idaho, Oct. 21, 2025 /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced that the Company is breaking ground on early works construction for the Stibnite Gold Project (the "Project") today. This milestone achievement comes after the Company posted $139 million ...

Summary of 5E Advanced Materials Conference Call Company Overview - **Company**: 5E Advanced Materials (Ticker: FEAM) - **Focus**: Development stage exploration project centered on boron, located in the Central Mojave Desert, USA [2][3] Industry Insights - **Boron Market**: - 5E holds the third largest boron deposit globally [3] - Boron is critical for over 300 applications, including high-tech materials and defense [7][9] - The boron market is projected to grow at a CAGR of 5% to 5.5% [10][12] - Current market dynamics show a contraction due to tariffs in China, but demand in the U.S. remains strong [11][12] Economic Potential - **Pre-Feasibility Study (PFS)**: Completed in August, showing a robust NPV of $725 million for the first phase of production [3] - **Market Capitalization**: Increased from $75 million pre-PFS to $150 million post-PFS [4] - **Production Capacity**: Permitted to produce 130,000 tonnes of boron annually, with a cost profile of $600 per tonne [34][38] - **Revenue Forecast**: Anticipated EBITDA of approximately $100 million annually at commercial scale [34] Competitive Landscape - **Global Supply**: The boron market is dominated by two companies, Edimaden (Turkey) and Rio Tinto's US Borax, controlling 85% of the supply [12][13] - **Rio Tinto's Strategic Review**: New CEO has put the borates business under review, potentially leading to divestiture [13][14] - **Cost Dynamics**: Rio Tinto's costs have increased by 60%, driven by lower-grade ore extraction [13][14] Regulatory and Critical Mineral Designation - **Critical Mineral Status**: Boron is recognized as a critical mineral by the UK, EU, and the U.S. Department of Defense [15][16] - **Public Comments**: 5E submitted comments advocating for boron's inclusion on the U.S. critical minerals list, alongside other industry stakeholders [19][20] Project Development - **Pilot Plant**: Operational for over two years, with 20 tonnes of product sent for testing in Taiwan [5] - **Infrastructure**: Well-positioned with access to water and power, essential for mining operations [27][28] - **Team Expertise**: Leadership includes experienced professionals from relevant industries, enhancing operational credibility [24][26] Future Opportunities - **Expansion Potential**: The project has a mine life of 39 years, with resources sufficient for over 100 years [22] - **Market Gaps**: Opportunity to produce ferroboron, currently not sourced in the U.S., filling a gap in the supply chain for magnets [46] Conclusion - 5E Advanced Materials is strategically positioned in the growing boron market, with strong economic fundamentals, a solid project pipeline, and potential for significant growth driven by increasing demand and critical mineral designation efforts [3][34][20]

Vancouver, British Columbia, Sept. 25, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further significant historic oxide gold-antimony (“Antimony”, “Sb”) results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to expand the gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific ...

Core Viewpoint - US Copper Corp. has engaged Libertas Metallurgy Limited to review metallurgical work and provide recommendations for the Pre-Feasibility Study at the Moonlight-Superior Mining property in California [1][4]. Company Overview - US Copper controls approximately 10 square miles of mining claims in the Light's Creek Copper District, containing substantial copper and silver resources across three deposits: Moonlight, Superior, and Engels [7]. - The company has advanced the Moonlight project since acquiring it in 2013, conducting multiple drill programs and engineering studies [10]. Metallurgical Consulting Engagement - Libertas Metallurgy, founded in 2017, specializes in metallurgical consulting services, focusing on flotation, leaching, process design, and cost reduction [2]. - The engagement will involve reviewing existing metallurgical work, determining additional drilling needs, guiding sample selection, designing the metallurgical testwork program, and issuing RFPs to laboratories [8]. Project Development and Economic Assessment - In January 2025, US Copper released updated results from its Preliminary Economic Assessment (PEA), reporting an after-tax NPV of US$1.075 billion and a life of mine production of 1.8 billion pounds of copper [5][11]. - The PEA included a new mineral resource estimate based on recent drill programs, with indicated resources totaling 402.83 million tons at a copper grade of 0.31% [11][16]. Industry Context - The USA government recognizes copper as a critical mineral essential for various energy technologies, emphasizing the need for a strong domestic copper supply [6].

Core Insights - NevGold Corp. announced highly positive antimony metallurgical testwork results at its Limousine Butte Project in Nevada, indicating significant potential for gold-antimony recovery [1][2][4] Company Developments - The first phase of antimony metallurgical testwork achieved up to 92% recovery, with minimal impact on gold recoveries, showcasing the project's promising exploration and development prospects [2][4] - The company plans to advance metallurgical testing and engineering studies based on the positive results, focusing on both acid leaching and sulfidized flotation methods [5][12] - Upcoming activities include mobilizing a drill rig for further exploration aimed at establishing a gold-antimony Mineral Resource Estimate by Q4-2025 [5][6] Metallurgical Testwork Results - Acid leaching tests indicated antimony extraction recovery between 75% and 92%, while sulfidized flotation showed recoveries between 61% and 78% [5][12] - The testwork utilized two plus 20-kilogram composite samples from core drilling and surface samples, representing the oxide gold-antimony mineralization at the project [5][10] - The results from the metallurgical testwork will guide future programs and help define options for recovering both gold and antimony from near-surface oxide mineralization [4][5] Industry Context - Antimony has been designated as a "Critical Mineral" by the U.S. government, emphasizing its importance for national security and clean energy applications [14][17] - The U.S. Executive Order aims to strengthen domestic mineral production, particularly for critical minerals like antimony, to reduce reliance on foreign sources [15][16] - 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 [18][20]

Core Insights - NevGold Corp. has announced significant drill results for oxide gold-antimony at its Limousine Butte Project in Nevada, indicating strong potential for further exploration and development in a key mining jurisdiction [1][6][17] Group 1: Drill Results and Exploration Plans - Recent drill results at Resurrection Ridge show some of the highest oxide gold-antimony grades to date, including LB21-004 with 9.68 g/t AuEq over 11.6 meters and RR03_06 with 1.55 g/t AuEq over 19.8 meters [5][7] - The company plans to continue its exploration program in 2025, focusing on high-grade areas and advancing towards an initial gold-antimony Mineral Resource Estimate (MRE) [3][6] - Ongoing metallurgical testwork is expected to yield results in the coming weeks, and the company is evaluating historical geological data to enhance its exploration strategy [3][6][12] Group 2: Importance of Antimony and Market Context - Antimony is classified as a "Critical Mineral" by the U.S. due to its significance in national security and various technological applications, with the U.S. currently relying on foreign sources for its supply [17][20] - The U.S. government has issued an Executive Order to strengthen domestic mineral production, particularly for critical minerals like antimony, which is essential for military and clean energy applications [18][19] - With approximately 90% of global antimony supply produced by China, Russia, and Tajikistan, recent export restrictions from China have heightened concerns over supply chain security, emphasizing the need for domestic projects [21][22]

Core Viewpoint - NevGold Corp. has announced significant extensions of oxide gold-antimony mineralization at the Cadillac Valley target within its Limousine Butte Project, indicating promising prospects for further exploration and development in Nevada, a key mining jurisdiction [1][7]. Group 1: Exploration Results - The mineralization at Cadillac Valley now extends over 1.7 kilometers northeast to southwest and over 400 meters laterally, with consistent results across 27 oxide gold-antimony drill holes [6][7]. - Notable drill results include LB119 with 2.28 g/t AuEq over 30.5 meters, LB155 with 1.01 g/t AuEq over 36.6 meters, and LB141 with 1.03 g/t AuEq over 12.2 meters [6][8]. - The ongoing metallurgical testwork program has made positive progress, with results expected in the coming weeks [6][7]. Group 2: Planned Activities - The company plans to continue its active exploration program at Limousine Butte, focusing on advancing both Resurrection Ridge and Cadillac Valley to the Mineral Resource Estimate stage in 2025 [3][7]. - Historical geological data is being evaluated, with a focus on gold and antimony, and re-analysis of historical drilling is currently in progress [6][10]. Group 3: Industry Context - Antimony has been identified as a "Critical Mineral" by the U.S. government, essential for national security and technology applications, with no domestically mined supply currently available [14][17]. - The U.S. Executive Order announced in March 2025 aims to strengthen domestic mineral production and reduce reliance on foreign sources, which is particularly relevant given the global supply concerns for antimony [15][16][18]. - 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 issues [18]. Group 4: Company Overview - NevGold is focused on large-scale mineral systems in Nevada and Idaho, owning a 100% interest in multiple gold and copper projects [27]. - The company is committed to unlocking the value of its assets, particularly in light of the growing importance of antimony in various applications [7][17].