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First American Uranium Inc. Completes Acquisition of Rare Earth Elements Niobium Properties in the Grenville Province, Quebec
Globenewswire· 2025-10-16 11:30
Core Insights - First American Uranium Inc. has completed the acquisition of a 100% interest in mineral properties in Quebec's Grenville Province, marking its entry into a mining-friendly jurisdiction [1][4] - The acquisition involves the issuance of 4,020,000 common shares at a deemed price of $0.85 per share to the vendors [2][3] - The properties are recognized for their potential in rare earth elements, niobium, and nickel-copper occurrences, which are critical for defense and aerospace applications [5][10] Acquisition Details - The acquisition was finalized under a property purchase agreement dated October 6, 2025, with the vendors transferring the properties free of encumbrances [1][2] - The total land package now consists of 519 claims covering 29,936 hectares, including 39 claims acquired and an additional 480 claims staked by the company [4][8] Strategic Importance - The properties are expected to enhance the company's exploration portfolio and strengthen its presence in the critical minerals sector, which is increasingly important for domestic supply chains [5][8] - The company aims to explore non-dilutive funding opportunities with U.S. government agencies to support development aligned with U.S. critical mineral policies [6][10] Mineral Potential - Notable mineral showings include high concentrations of total rare earth elements and niobium, with specific samples returning significant grades such as 2.7% TREE and 3,190 ppm Nb [7][10] - The Grenville Province is viewed as a highly prospective region for critical minerals, which are essential for various advanced technologies [5][10]
Titan Mining Graphite Testwork Demonstrates Product Meets Battery, Industrial and Defense Specifications
Globenewswire· 2025-08-28 10:00
Core Viewpoint - Titan Mining Corporation announced positive results from independent testing of natural flake graphite from its Kilbourne project, indicating its potential for high-value product streams and supporting the company's strategy for diversified revenue opportunities across various industries [1][3]. Group 1: Key Results and Commercial Applications - The Kilbourne graphite can be processed into high-purity products essential for critical applications in aerospace, batteries, industrial, and defense sectors [3]. - The testing validated the production of spherical, micronized, and purified graphite products, enhancing Titan's ability to serve multiple markets, including energy storage and defense-grade applications [3]. - The results contribute to U.S. supply chain security by reducing reliance on foreign graphite, thereby enhancing commercial flexibility [3]. Group 2: Demonstration Facility Advancing - Titan is progressing with the construction of its graphite demonstration facility, with approximately 70% of the equipment delivered and installation underway, expected to be commissioned in Q4 2025 [4]. - The facility will validate the downstream flowsheet at scale and provide bulk product samples for customer qualification across several sectors, including battery, industrial, and defense [4]. Group 3: Next Steps - The company will continue downstream optimization and initiate electrochemical performance testing of its spherical graphite [5]. - Bulk samples from the demonstration facility are anticipated to be available for customer qualification and offtake discussions in late 2025 [5]. Group 4: Product Metrics - Flotation Concentrate: Overall grade of 95.0% Cg, with purities ranging from 95.0% to 96.8%, suitable for various applications [6]. - Micronized Graphite: Achieved purities of 99.95% to 99.97%, targeting specialty industrial markets [6]. - Spherical Graphite: Processed to 99.99% purity, confirming its suitability as anode material for lithium-ion batteries [8]. Group 5: Quality Assurance - All testing and chemical analysis were conducted by ProGraphite GmbH in Germany, ensuring compliance with ISO 9001 standards for quality management [10]. - The laboratory's calibration and quality control measures guarantee the accuracy and reliability of the results [10]. Group 6: Company Overview - Titan Mining Corporation, part of the Augusta Group, is focused on becoming the first fully integrated U.S. producer of natural flake graphite in over seventy years, while also producing zinc concentrate at its Empire State Mine [12]. - The company aims to enhance domestic supply chain security through the development of critical minerals assets [12].