TORONTO, July 31, 2025 (GLOBE NEWSWIRE) -- Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) ("Electra" or the "Company") announces the start of metallurgical testing on cobalt feedstock from two strategic North American sources: the historic Cobalt Camp in Ontario and home to Electra's refinery, and the Company's Iron Creek cobalt and copper project in Idaho. The objective of this initiative is to strengthen and diversify Electra's cobalt refinery feedstock pipeline by integrating domestic ...

Core Viewpoint - U.S. GoldMining Inc. is advancing the Whistler Gold-Copper Project in Alaska, which is positioned to benefit from rising metal prices and supportive federal policies aimed at enhancing domestic resource security [1][2][4]. Company Overview - U.S. GoldMining Inc. focuses on the Whistler Gold-Copper Project, located 105 miles northwest of Anchorage, Alaska, covering approximately 53,700 acres [10]. - The project contains significant mineral resources, including over 1 billion pounds of copper, 3.93 million ounces of gold, and almost 19 million ounces of silver in the Indicated category [4][10]. Project Details - The Whistler Project is the closest large undeveloped gold-copper mineral deposit to Anchorage, benefiting from proximity to infrastructure such as highways and port facilities [5]. - The project has a mineral resource estimate of 294 million tonnes at 0.68 g/t AuEq for 6.48 million ounces AuEq Indicated, and 198 million tonnes at 0.65 g/t AuEq for 4.16 million ounces AuEq Inferred [10]. Market Context - Copper prices have increased approximately 14% over the past month and are up about 20% compared to the same time last year, which is favorable for the project [1]. - Recent U.S. federal initiatives aim to expedite permitting processes for mine development, enhancing the project's potential [2]. Strategic Advantages - The project aligns with U.S. critical mineral priorities, reducing dependence on imports from high-risk jurisdictions [5]. - U.S. GoldMining is positioned to benefit from a supportive climate of state and federal policies regarding responsible resource extraction in Alaska [5].