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Contango Announces Acceptance of the Johnson Tract Critical Metals Project to the Covered Projects FAST-41 Program
Prnewswire· 2025-12-02 21:30
Core Viewpoint - Contango ORE, Inc. has successfully integrated the Johnson Tract Critical Metals Project into the FAST-41 program, which aims to enhance the federal permitting process for large infrastructure projects, ensuring improved coordination and transparency [1][2]. Group 1: Project Announcement - The Johnson Tract Critical Metals Project has been accepted as a "covered project" under the FAST-41 program as of December 1, 2025 [1]. - The President & CEO of Contango expressed gratitude to the Permitting Council and the US Army Corps of Engineers for their support in advancing the project through the permitting process [1]. Group 2: FAST-41 Program Overview - FAST-41, established in 2015, aims to streamline the federal permitting process for large infrastructure projects by increasing transparency, coordination, and accountability [2]. - The program includes a public-facing Permitting Dashboard to track projects and set public timetables for environmental reviews and authorizations [2]. - A Memorandum of Understanding (MOU) was signed on August 27, 2025, between the Permitting Council and the State of Alaska to provide federal permitting assistance through the FAST-41 program [2]. Group 3: Company Background - Contango ORE, Inc. is listed on NYSE American and focuses on the exploration of gold and associated minerals in Alaska [3]. - The company holds a 30% interest in the Peak Gold Joint Venture, which encompasses approximately 675,000 acres for exploration and development [3]. - Contango also has leases on the Johnson Tract and Lucky Shot projects, along with 100% ownership of approximately 8,600 acres of peripheral mining claims in Alaska [3].
CENTURY LITHIUM'S ANGEL ISLAND ADDED TO FAST-41 TRANSPARENCY STATUS
Prnewswire· 2025-08-06 12:30
Core Viewpoint - Century Lithium Corp.'s Angel Island lithium project has been added to the Federal Permitting Dashboard for FAST-41 transparency status, enhancing its visibility and permitting process efficiency [1][2]. Company Overview - Century Lithium Corp. is focused on developing the Angel Island project in Esmeralda County, Nevada, which contains one of the largest sedimentary lithium deposits in the United States [6][7]. - The company employs a patent-pending chloride leaching process combined with direct lithium extraction to produce battery-grade lithium carbonate [6][7]. Project Highlights - Angel Island is recognized as one of the few advanced lithium projects in the U.S. capable of providing an end-to-end process for producing battery-grade lithium carbonate [7]. - The project is currently in the permitting stage for a three-phase feasibility-level production plan [7]. - The feasibility study estimates an operational cost of $2,833 per tonne, which is among the lowest in North America, due to its unique process and by-product sales [7]. - The project is expected to yield an average of 34,000 tonnes of lithium carbonate per year over a 40-year mine life [8]. Regulatory Context - The Federal Permitting Improvement Steering Council oversees the FAST-41 initiative, which aims to streamline the permitting process for critical infrastructure projects [3][4]. - Projects on the Federal Permitting Dashboard benefit from a coordinated permitting timetable and active project management [4][5].