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Nevada Lithium Applauds Boron’s Addition to 2025 US Critical Minerals List
Globenewswire· 2025-11-11 12:00
Core Insights - The inclusion of boron in the 2025 U.S. Critical Minerals List enhances the Bonnie Claire Lithium Project's potential to generate revenue from both lithium and boron, which are critical to U.S. government interests [1][2][5] - The project is also exploring the recovery of cesium and rubidium, which could further increase profitability and align with U.S. government supply chain interests [2][9] Group 1: Project Overview - The Bonnie Claire Lithium Project is 100% owned by Nevada Lithium and is located in Nevada, hosting the largest boron resource in the state [1][28] - The project is projected to produce over 62,000 tonnes of lithium carbonate and 129,000 tonnes of boron annually over a 61-year mine life [6][29] - The current boron resource estimate includes 85.654 million tonnes of boric acid equivalent (Inferred) and 16.973 million tonnes (Indicated) in the high-grade Lower Zone [10] Group 2: Economic Implications - The One Big Beautiful Bill Act of 2025 authorizes $5 billion for investments in critical minerals supply chains and up to $100 billion in loans for related projects, which could benefit Nevada Lithium [4] - The production of boric acid is expected to reduce production costs of lithium carbonate by $1,973 per tonne, enhancing the project's economic viability [7][29] Group 3: Mineral Recovery Potential - The coexistence of high-grade lithium, boron, cesium, and rubidium in the Lower Zone presents opportunities for additional mineral recovery [8][17] - Preliminary Economic Assessment (PEA) indicates a strong correlation between cesium, rubidium, lithium, and boron grades, suggesting efficient recovery potential [22][23] Group 4: Future Prospects - The company is actively working to determine the recoverability of cesium and rubidium, which could lead to new supply chains of interest to the U.S. government [9][29] - The Bonnie Claire property remains largely unexplored, with significant potential for resource expansion in three directions [29]
Nevada Lithium Applauds Boron's Addition to 2025 US Critical Minerals List
Globenewswire· 2025-11-11 12:00
Core Insights - Nevada Lithium Resources Inc. has announced that boron has been added to the U.S. Critical Minerals List for 2025, alongside lithium, enhancing the significance of its Bonnie Claire Lithium Project [1][3] - The Bonnie Claire Project is expected to generate revenue from both lithium and boron, with additional potential for cesium and rubidium recovery [2][6] - The inclusion of boron on the Critical Minerals List opens opportunities for Nevada Lithium to access U.S. government funding programs aimed at critical minerals development [3][4] Group 1: Project Overview - The Bonnie Claire Lithium Project is projected to produce over 62,000 tonnes of lithium carbonate and 129,000 tonnes of boron annually over a 61-year mine life [6][29] - The project has a significant boron resource estimate of 85.654 million tonnes (Inferred) and 16.973 million tonnes (Indicated) of boric acid equivalent in the high-grade Lower Zone [10][13] - The production of boric acid is expected to reduce lithium carbonate production costs by $1,973 per tonne [7] Group 2: Financial and Economic Aspects - The One Big Beautiful Bill Act of 2025 has authorized $5 billion for investments in critical minerals supply chains and up to $100 billion in loans for related projects [4] - Bonnie Claire's investment metrics indicate a 32.3% internal rate of return (IRR) and a capital payback period of 2.8 years [29] - The project benefits from a $1,973 per tonne boric acid by-product credit, which contributes to a $6,777 per tonne operating cost for lithium carbonate [29] Group 3: Additional Mineral Recovery Potential - The company is exploring the recoverability of cesium and rubidium, which coexist with lithium and boron in the Lower Zone [9][19] - The correlation between cesium, rubidium, lithium, and boron grades has been established, indicating potential for enhanced profitability [22][23] - The presence of cesium and rubidium could lead to the establishment of new supply chains that align with U.S. government interests [9]
Guardian Metal Resources PLC Announces Board Update
Accessnewswire· 2025-11-11 07:00
Core Points - Guardian Metal Resources plc has appointed Mr. Michael Xavier Schlumpberger as an Independent Non-executive Director [1] - The appointment follows the company's announcement of board changes on November 3, 2025, and the completion of necessary due diligence [1] - Mr. Schlumpberger will also serve on the Audit Committee and the Remuneration Committee [1]
Bunker Hill Announces Sixth Tranche of Silver Loan Facility
Globenewswire· 2025-11-11 05:19
Core Viewpoint - Bunker Hill Mining Corp. has successfully closed the sixth tranche of a silver loan with Monetary Metals Bond III LLC, amounting to US$2,521,215, equivalent to 50,384 ounces of silver, which supports the restart and expansion of the Bunker Hill Mine [1][2] Silver Loan Details - The total silver loan agreement allows for up to 1.2 million ounces of silver to be advanced in multiple tranches to support the Bunker Hill Mine's development [3] - Previous tranches include: - First Tranche: US$16,422,039 for 609,805 ounces of silver [3] - Second Tranche: US$6,369,000 for 200,000 ounces of silver [3] - Third Tranche: US$6,321,112 for 198,777 ounces of silver [3] - Fourth Tranche: US$1,250,000 for 39,620 ounces of silver [3] - Fifth Tranche: US$1,478,847 for 50,198 ounces of silver [3] Warrants Issuance - A total of 742,219 bonus warrants will be issued in connection with the sixth tranche, allowing holders to acquire common stock at an exercise price of C$0.19, valid until August 8, 2027 [5] - Cumulatively, 2,257,781 warrants have been issued to Monetary Metals under the silver loan [4] Amendments to Agreements - An amendment to the secured promissory note purchase agreement has been made to extend the availability date for advances from June 30, 2025, to January 31, 2026 [8] - The total number of bonus warrants issued or issuable will not exceed 3,000,000 as per the agreement [8] Company Overview - Bunker Hill Mining Corp. focuses on revitalizing its historic mining asset in Idaho's Coeur d'Alene mining district, aiming to maximize shareholder value through modern exploration techniques and sustainable practices [9]
Northern Lights Announces Changes to Board of Directors
Thenewswire· 2025-11-07 13:00
Core Points - Northern Lights Resources Corp. has appointed Mr. Luka Capin to its Board, effective November 6, 2025, while Mr. Albert (Rick) Timcke has resigned as Executive Chairman but remains President of the Company [1][2] Company Overview - Northern Lights Resources Corp. is a growth-oriented exploration and development company focusing on two key projects: the Horetzky Copper Project in the Babine Porphyry belt of central British Columbia and the Pup Project in the Yukon [3] - The Company also holds a 1% NSR royalty on the Medicine Springs Silver Project in Nevada, which is owned by Torex Gold Resources Inc. [3] - Northern Lights Resources trades under the ticker "NLR" on the CSE and "NLRCF" on the OTC [4]
Notice of Results and Investor Presentation
Globenewswire· 2025-11-07 07:00
Core Points - Amaroq Ltd. will release its Q3 2025 Financial Results on November 14, 2025, at 07:00 GMT, followed by a remote presentation for investors and analysts at 09:00 GMT [2] Company Overview - Amaroq Ltd. is an independent mine development corporation focused on exploring and developing mineral resources in Greenland, particularly gold and strategic metals [6] - The company's principal asset is a 100% interest in the Nalunaq Gold mine, along with a portfolio of other gold and strategic metal assets in Southern Greenland [6] - Amaroq is incorporated under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, which is registered under the Greenland Companies Act [6]
Doubleview Gold Corp. Closes First Tranche of $5,700,000 Non-Brokered Private Placement
Newsfile· 2025-11-07 02:34
Core Viewpoint - Doubleview Gold Corp. has successfully closed the first tranche of its non-brokered private placement, increasing its offering due to strong shareholder interest, while also adjusting its flow-through share offering [1][2]. Group 1: Private Placement Details - The first tranche raised approximately $5.77 million by issuing 8,242,857 non-flow-through units at a price of $0.70 per unit [1]. - Each unit consists of one common share and one common share purchase warrant, with warrants allowing the purchase of additional shares at $1.00 for 24 months [1]. - The company has increased its non-flow-through offering from $5 million to $7.25 million and reduced its flow-through offering from $5 million to $1.5 million [1][2]. Group 2: Use of Proceeds - Proceeds from the first tranche will fund the exploration program for the Hat Project in British Columbia and provide general working capital [2]. - Finder's fees totaling $350,000 in cash and 500,000 non-transferable finder warrants will be paid to Ventum Financial Corp. [2]. Group 3: Regulatory and Compliance - All securities issued are subject to a four-month-and-one-day hold period, expiring on March 7, 2026, in accordance with securities laws [3]. - The private placement is pending approval from the TSX Venture Exchange, with the company expecting to close the remaining portions soon [3]. Group 4: Company Overview - Doubleview Gold Corp. is a mineral resource exploration and development company based in Vancouver, focusing on precious and base metal projects across North America, particularly in British Columbia [4]. - The company aims to enhance shareholder value through the acquisition and exploration of critical minerals using advanced exploration techniques [4][5]. Group 5: Hat Polymetallic Deposit - The Hat Deposit is a significant polymetallic porphyry project in northwestern British Columbia, containing major resources of copper, gold, cobalt, and potential scandium [6]. - The resource estimate includes 150 million tonnes of indicated resources with an average grade of 0.408% CuEq and 477 million tonnes of inferred resources with an average grade of 0.344% CuEq [6]. - Scandium potential is estimated at 300 to 500 million tonnes with an average grade of 40 ppm (0.004%) Sc2O3 [7].
South Africa grants mining right for Uru Metals’ Zeb nickel project
Yahoo Finance· 2025-11-05 10:01
Core Points - South Africa's Department of Mineral and Petroleum Resources has granted a 30-year mining right for Uru Metals' Zeb nickel project, valid until 2055 [1][4] - The mining right covers an area of over 4,703 hectares within the Mogalakwena local municipality in Limpopo province [2] - Uru Metals is currently progressing with registration formalities for the mining right and will provide market updates once confirmed [3][5] Company Activities - The company is set to conduct ground gravity and frequency-domain electromagnetic surveys over two priority targets at the Zeb nickel project [3] - These surveys aim to refine the geometry of identified conductors and generate drill targets for decision-making [3] - Uru Metals plans to issue updates regarding modelling outputs, drill parameters, and timing after receiving the contractor's report [4] Strategic Importance - The granting of the mining right significantly reduces risks associated with the Zeb Nickel project and positions the company to engage with quality partners [4] - The immediate focus is on completing the ground EM and gravity survey and developing a clear drill plan targeting the highest ranked areas [5] - The Zeb nickel project previously secured integrated environmental authorization for its operations within the Bushveld complex in August of the previous year [5]
American Critical Minerals Announces Appointment of Dean Pekeski as Senior Advisor to the Company
Accessnewswire· 2025-11-04 10:00
Group 1 - American Critical Minerals Corp. has appointed Dean Pekeski as Senior Advisor to the Company effective immediately [1] - Dean Pekeski brings over 33 years of experience in senior technical and corporate positions within the mining sector [1] - Pekeski has a specific focus on potash exploration and development for more than 17 years [1]
Bunker Hill Announces Agreement to Issue Shares for DSU Settlement
Globenewswire· 2025-11-04 02:30
Core Points - Bunker Hill Mining Corp. has entered into a Settlement Agreement with a former director regarding 851,134 vested deferred share units (DSUs) for services rendered in fiscal years 2023 and 2024 [1] - The Company will issue 615,384 common shares at a deemed price of C$0.195 per share, partially settling a cash payment of C$165,971.13, with the remaining balance of C$45,971.13 to be paid in cash [2] - The transaction is subject to regulatory approvals, including from the TSX Venture Exchange, and the issued shares will have a hold period of four months and one day [3] Company Overview - Bunker Hill Mining Corp. is focused on revitalizing its historic mining asset in northern Idaho's Coeur d'Alene mining district, targeting zinc, lead, and silver deposits [4] - The strategic initiative aims to leverage modern exploration techniques and sustainable practices to maximize shareholder value [4]