Critical Mineral Resources
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Lithium Corporation Increases Claim Holdings at BC Rare Earth Prospect
Accessnewswire· 2025-10-21 10:20
Core Insights - Lithium Corporation is focused on advancing North America's energy independence through the exploration and development of critical mineral resources [1] Group 1: Company Activities - Ongoing field exploration includes geological mapping and sampling at a site with identified enriched Rare Earth Element (REE) mineralization, specifically Neodymium and Dysprosium [1] - The company has applied to increase the size of its claim block to approximately 13,440 acres (5,438 hectares) to cover adjacent areas with geological similarities and potential for similar REE mineralization [1]
Second Government Critical Mineral Study Begins at Bell Copper's Big Sandy Porphyry Copper Project in Arizona, USA
Newsfile· 2025-10-17 11:44
Core Insights - Bell Copper Corporation is collaborating with the Arizona Geological Survey to assess potential new resources of critical minerals at its Big Sandy porphyry copper project in Arizona [1][4] - The study is led by Dr. Carson Richardson and Ms. Zoey Plonka, focusing on the timing of exhumation and supergene processes, as well as a detailed analysis of the supergene profile [2] - The Big Sandy project has shown significant amounts of copper, rhenium, and silver, which are included in the U.S. Geological Survey's 2025 Draft List of Critical Minerals [4] Company Overview - Bell Copper is a mineral exploration company dedicated to identifying and exploring large copper deposits in Arizona, specifically the Big Sandy and Perseverance porphyry copper projects [6] - The company is contributing core samples from the Big Sandy project to aid in the assessment of critical mineral resources [5] Project Details - The Big Sandy project is located in northwestern Arizona, approximately 30 kilometers from the Perseverance Project [1] - The BS-4 drill hole, which is 900 meters from the previous BS-3 drill hole, aims to further explore the mineral potential of the site [5]
CleanTech Acquires Significant Package of Fluorspar Projects Totaling 7,180 Acres for US$4,000,000 in Illinois-Kentucky Fluorspar District
Newsfile· 2025-08-12 18:56
Core Viewpoint - CleanTech Vanadium Mining Corp. has entered into a binding option-to-purchase agreement to acquire a package of Fluorspar mining projects totaling approximately 7,180 acres in Kentucky and Illinois for a total of US$4,000,000, positioning the company as a significant player in the U.S. fluorspar market [1][2][5]. Transaction Summary - The option-to-purchase agreement allows CleanTech to acquire both groups of Fluorspar Projects for US$4,000,000 or choose one group for US$2,250,000, with payments structured over several years [2][7]. Strategic District Position - The Fluorspar Projects consist of over a dozen distinct deposits with significant historic drilling, covering key segments of the Western Kentucky Fluorspar District, which has a rich production history [3][10]. - The district's geological setting and established transportation infrastructure enhance the strategic value of CleanTech's assets in an import-dependent U.S. market [4][9]. Market Overview - The global fluorspar market is heavily influenced by China, which produced over 60% of the world's fluorspar in 2024, while the U.S. fluorspar price has increased from approximately $300 per ton in 2020 to over $450 per ton in 2025 [35][36]. - China has transitioned from being a net exporter to a significant importer of fluorspar, driven by rising demand from energy storage systems [36]. Project Details - The Fluorspar Projects include several key deposits such as Campbell-Crotser, Tabb, Babb-Barnes, and Robinson-Lasher, each with substantial historic resource estimates and strategic geological positioning [12][15][19]. - The Campbell-Crotser project is highlighted as the flagship asset, with a historic resource estimate of 805,841 tons grading 37.10% CaF2 [15][16]. - The Tabb Fault system is noted for its significant scale, historically producing 30% of all fluorspar mined in the Kentucky portion of the district [19][20]. Infrastructure and Exploration - The Babb-Barnes project features complete mine infrastructure, making it immediately viable for production, with historic production totaling 145,335 tons grading 38% CaF2 [21][22]. - The Robinson-Lasher project showcases potential for zinc alongside fluorspar, with extensive exploration already conducted [23][24]. Historical Context - The Illinois-Kentucky Fluorspar District has been a focal point for fluorspar production since the late 1800s, with significant historical extraction of refined fluorspar [9][10]. - The district's geological complexity and historical production underscore its importance as a major fluorspar province globally [12][14].