Core Viewpoint - Teck Resources Limited has received board approval for the Highland Valley Copper Mine Life Extension Project, which aims to extend the life of Canada's largest copper mine and support future copper production [1][2] Project Overview - The Highland Valley Copper Mine Life Extension (HVC MLE) is a brownfield project that will extend operations from 2028 to 2046 [5] - The project is expected to generate an average copper production of 132,000 tonnes per year over its lifespan [9] - Construction is set to begin in August 2025, following the issuance of necessary permits in June 2025 [6] Financial Aspects - The capital investment for the project is estimated to be between $2.1 billion and $2.4 billion, marking it as the largest critical minerals investment in British Columbia's history [7][9] - The project is anticipated to create approximately 2,900 jobs and contribute an additional $435 million to GDP during the construction phase [9] Production and Operations - The production profile will consist of three distinct mining phases, with total material movement expected to increase significantly during the initial phase [10][15] - The average total tonnes mined will be approximately 50 million tonnes per annum, with variations based on ore hardness [10] Community and Stakeholder Engagement - Teck emphasizes collaboration with Indigenous governments and local communities to ensure responsible development and long-term benefits [2][13] - The project has been recognized as a significant step for Indigenous governance and community participation in resource management [13][14] Strategic Importance - The HVC MLE project is foundational to Teck's strategy to double copper production by the end of the decade, driven by strong demand for copper as a critical mineral for energy transition [2][9] - The project is expected to strengthen Canada's critical minerals sector and enhance the country's position as a key supplier of essential metals [16]

Core Viewpoint - Snow Lake Resources Ltd. is focusing on strategic investments in U.S.-based critical minerals projects to leverage new U.S. Administration policies aimed at accelerating domestic production of these minerals [1][4]. Investment Strategy - The company is actively seeking opportunities to acquire interests in U.S. critical minerals projects that can be fast-tracked into production, potentially creating substantial value for shareholders [3][5]. - CEO Frank Wheatley emphasized the alignment of Snow Lake's investments with U.S. strategic interests, particularly in uranium, antimony, and rare earths [4][5]. Specific Investments - **Uranium**: Snow Lake has committed AUD$1.4 million to GTi Energy's AUD$4.5 million equity financing to advance the Lo Herma uranium project in Wyoming, which has a resource estimate of 8.7 million pounds U3O8 and a projected annual production of 800,000 pounds U3O8 [6][7]. - **Antimony**: The company has acquired a strategic stake exceeding 5% in Resolution Minerals Ltd., which holds the Horse Heaven Project in Idaho, anticipated to meet approximately 35% of U.S. antimony requirements [8][11]. - **Rare Earths**: Snow Lake holds a cornerstone investment in Commerce Resources Corp., which is advancing the Ashram rare earth elements project in Quebec, one of the largest undeveloped rare earths projects in North America with a resource of 204.3 million tonnes averaging ~1.94% Total Rare Earth Oxides [13][15]. Government and Industry Support - There is unprecedented support from the U.S. government, industry, and public for domestic critical mineral production, highlighted by significant investments in MP Materials Corp, including USD$400 million from the U.S. Department of Defense and USD$500 million from Apple [18][19].

Core Viewpoint - Snow Lake Resources Ltd. has made a strategic investment in GTi Energy Ltd. to advance the Lo Herma uranium project in Wyoming's Powder River Basin, aiming to expand and upgrade its mineral resource base [1][5][6]. Company Summary - Snow Lake will invest AUD$1.4 million in GTi Energy's total AUD$4.5 million equity financing to support the development of the Lo Herma uranium project [5][6]. - GTi Energy owns 100% of the Lo Herma project, which has a JORC (2012) resource estimate of 8.7 million pounds of U3O8, a 7-year mine life, and an annual production target of 800,000 pounds of U3O8, with an NPV of AUD$100 million and a pre-tax IRR of 56% [5][6]. - The financing will enable GTi Energy to conduct further drilling and fieldwork, as well as hydrogeological and metallurgical analysis, to enhance the project's mineral resources [6][7]. Industry Context - The investment aligns with the U.S. administration's policies promoting the expansion of nuclear energy, making it a timely move as GTi Energy embarks on a development program for Lo Herma [6][3]. - Lo Herma is positioned as one of the more advanced uranium development projects in the Powder River Basin, which is the leading uranium-producing region in the U.S. [5][6].