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US Government seeks up to 10% stake in Thacker Pass lithium project
Yahoo Finance· 2025-09-25 14:51
Core Viewpoint - The US Government is negotiating for a potential 10% equity stake in Lithium Americas as part of a loan renegotiation for the Thacker Pass lithium project, highlighting direct government involvement in the economy [1][5]. Group 1: Government Involvement - The proposed investment reflects the Trump administration's strategy to support industries critical for national security, similar to previous interventions with companies like Intel and MP Materials [2]. - The Thacker Pass mine is projected to become the largest lithium source in the Western Hemisphere by 2028, essential for establishing a domestic lithium supply chain [2]. Group 2: Project Details - Located 25 miles (40 km) south of Nevada's border with Oregon, the Thacker Pass project aims to reduce US dependency on Chinese lithium, with an initial production target of 40,000 tonnes (t) annually, compared to the current US production of less than 5,000 t [3]. - The equity proposal arose amid concerns over low lithium prices due to Chinese overproduction, leading Lithium Americas to offer no-cost warrants equivalent to 5–10% of its common shares [4]. Group 3: Corporate Relationships - General Motors (GM) has invested $625 million for a 38% stake in the Thacker Pass mine and has rights to purchase all lithium from the first phase and a portion from the second phase for two decades [4]. - Trump officials are seeking commitments from GM regarding these purchases and are exploring the possibility of GM transferring some project control to the government [5].
Freeport-McMoRan Inc. Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – FCX
Businesswire· 2025-09-25 14:32
Core Viewpoint - Freeport-McMoRan Inc. is currently under investigation for potential securities fraud violations, which may impact its stock performance and investor confidence [1] Group 1 - The investigation is being conducted by the DJS Law Group, indicating potential legal implications for the company [1] - Investors are encouraged to discuss their rights in light of the ongoing investigation, suggesting that there may be significant repercussions for shareholders [1]
Canada One Reviews Property Acquisition Opportunities
Newsfile· 2025-09-25 14:31
Group 1 - Canada One Mining Corp. is reviewing property acquisition opportunities in the Princeton and broader Quesnel Trough area in British Columbia [1][2] - The Quesnel Trough is recognized as one of Canada's premier copper belts, and the company aims to expand its land package with assets that meet technical thresholds [2] - The Copper Dome Project is the company's flagship project located within the Quesnel Trough porphyry belt, which has identified copper, palladium, and gold mineralization [2][4] Group 2 - An amended agreement with Rob Christl Consulting has removed the bonus clause and will automatically renew on a month-to-month basis unless changes are made [3] - Canada One is focused on creating growth and generating value for investors and communities while meeting the global demand for critical metals [4]
Artemis Gold: Full Steam Ahead Towards A Mid-Tier Mining Company
Seeking Alpha· 2025-09-25 14:07
Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Group 1 - The author possesses a Master's degree in Business Economics, providing a strong managerial and economic foundation [1]. - The investment strategy described is applicable across all sectors and types of stocks, indicating a broad market approach [1].
NGEx Minerals (OTCPK:NGXX.F) 2025 Investor Day Transcript
2025-09-25 14:02
Summary of NGEx Minerals (OTCPK:NGXX.F) 2025 Investor Day Company Overview - **Company**: NGEx Minerals Ltd. - **Event**: 2025 Investor Day - **Date**: September 25, 2025 - **Focus**: Presentation on the Vicuña district and Luna Wasi project Key Industry Insights - **Vicuña District**: Recognized as a major new copper, gold, and silver district located in the world's greatest copper belt, with significant exploration and development potential [6][10] - **Strategic Value**: The district has evolved from a pure exploration play to having five deposits, with ongoing development efforts by major players like Lundin Mining and BHP [6][7] - **Market Context**: The copper market is expected to experience a boom, with NGEx Minerals' stock having increased by 4,000% over the last five years, indicating strong investor interest and potential [9][10] Luna Wasi Project Highlights - **Geological Significance**: Luna Wasi is highlighted as a high-grade copper-gold-silver deposit with multiple overlapping styles of mineralization, making it unique in the Vicuña district [20][34] - **Drilling Program**: A phase four drill program is set to commence soon, with expectations of significant discoveries based on previous drilling successes [9][36] - **High-Grade Intersections**: Notable drill results include 60 meters at 7.5% copper equivalent and 51 meters at almost 14% copper equivalent, showcasing the project's potential for high-grade mineralization [44][47] Exploration and Development Strategy - **Predictive Discovery**: The company emphasizes a predictive discovery approach, leveraging geological models to identify potential mineralization zones [51][63] - **Continuous Improvement**: The management team aims to maintain a lean structure to facilitate quick decision-making and adaptability in exploration efforts [11][12] - **Royalty Spin-Out**: The upcoming spin-out of the Luna Wasi project and a royalty company is seen as a strategic move to maximize shareholder value [6][12] Geological Context - **Porphyry Copper System**: Luna Wasi is associated with a porphyry copper system, characterized by high-grade mineralization and significant alteration zones [22][23] - **Multiple Mineralization Styles**: The project features high sulfidation copper-gold-silver lode veins, stockwork, porphyry-style mineralization, and intermediate sulfidation gold veins, all contributing to its richness [20][26] - **Comparison with Other Deposits**: The presentation draws parallels with other significant deposits like Fruta del Norte and Chuquicamata, emphasizing the potential scale and grade of Luna Wasi [29][33] Future Outlook - **Exploration Potential**: The company believes there is substantial room for expansion and discovery within the Luna Wasi project, with ongoing drilling expected to yield further high-grade results [60][61] - **Long-Term Vision**: NGEx Minerals aims to establish a pathway to production while continuing to explore and develop its assets in the Vicuña district [12][34] Additional Insights - **Management Team**: The management team has extensive experience in the region, contributing to the company's success in identifying and developing high-potential projects [51][63] - **Community Engagement**: The company encourages questions and engagement from investors, indicating a commitment to transparency and communication [4][5] This summary encapsulates the key points discussed during the NGEx Minerals 2025 Investor Day, highlighting the company's strategic focus on the Luna Wasi project and the broader Vicuña district.
Metalero Mining (MLO) Announces $300,000 Private Placement to Advance Benson Project
Newsfile· 2025-09-25 13:00
Core Viewpoint - Metalero Mining Corp. is initiating a non-brokered private placement to raise up to $300,000 for advancing its Benson Project in the Quesnel Trough, British Columbia, amidst growing interest in copper and gold exploration in the region [1][2]. Company Summary - Metalero Mining Corp. is a Canadian junior exploration company focused on copper and gold projects, with its flagship Benson Project covering 166 square kilometers and containing multiple prospects for mineralization [8]. - The company has signed a binding Letter of Intent to acquire 100% of the Benson Project, which is strategically located in a significant mineral belt known for its copper-gold porphyry occurrences [5]. Offering Details - The private placement will consist of up to 1,250,000 flow-through units priced at $0.24 each, with each unit comprising one flow-through common share and one warrant, allowing the purchase of an additional share at $0.40 for one year [2][4]. - Proceeds from the offering will fund exploration activities at Benson, including sampling and ground geophysics, scheduled for Fall 2025 [4]. Project Background - The Benson Project is situated in the Quesnel Trough, a major mineral belt in Canada, which hosts over 360 copper-gold porphyry occurrences and significant mines such as Highland Valley and Mt Milligan [5][6]. - The project benefits from proximity to infrastructure, including Highway 26 and logging roads, facilitating efficient exploration [7]. Exploration Potential - Recent AI studies have identified high-potential anomalies at Benson, indicating similarities to known porphyry deposits, with historical exploration revealing numerous gold and copper surface geochemical anomalies [7].
Scandium Canada updates on its proprietary Aluminum-Scandium Alloys
Thenewswire· 2025-09-25 13:00
 Montreal, QC – TheNewswire - September 25, 2025 — Scandium Canada Ltd. (TSXV:SCD) (OTC:SCDCF) is pleased to announce that new data on the properties of its modified AA535 and AA7075 alloys confirm an economically viable technological advancement in the field of aluminum-scandium (Al-Sc) alloys explicitly developed for additive manufacturing applications. The current results are focused on the properties of samples printed through the laser powder-bed fusion (L-PBF) process. The company’s latest results su ...
Foremost Clean Energy Advances Dual Drilling Campaigns on its Murphy Lake South Uranium Project and its Jean Lake Gold-Lithium Project
Globenewswire· 2025-09-25 12:00
Core Viewpoint - Foremost Clean Energy Ltd. is advancing its drilling programs for uranium and gold-lithium concurrently, leveraging the current strength in the uranium market and record high gold prices to enhance its exploration efforts and shareholder value [1][3]. Uranium Market and Murphy Lake Program - The Murphy Lake Uranium Property is undergoing an 8-hole, 2,500-meter diamond drill program targeting high-priority areas for unconformity-style uranium mineralization, following up on historical findings by Denison Mines Corp [2]. - The property is strategically located in the Athabasca Basin, near the Larocque Lake Conductive Corridor, which hosts one of the highest-grade uranium resources globally, with an indicated resource of 48.6 million pounds U3O8 at 34.5% U3O8 [2]. Jean Lake Gold-Lithium Program - The Jean Lake Gold-Lithium Property is also undergoing a 20-hole, 2,500-meter drill program aimed at expanding known high-grade zones and validating historical drilling results [6]. - The property spans 2,476 acres and is situated in a region known for significant gold and lithium deposits, close to Hudbay Minerals' operations, which have produced over 1 million ounces of gold [6]. Drilling Strategy and Historical Context - The current drilling at Jean Lake builds on four years of systematic exploration, including initial discovery, geophysical targeting, and a maiden drill program that intersected high-grade gold and lithium [8]. - The program aims to assess additional gold mineralization at depth and delineate the extent of the B1 spodumene-bearing pegmatite, which previously showed 1.26% Liâ‚‚O over 3.35 meters [7]. Technical Advancements - The company employed ambient noise tomography (ANT) to create 3D velocity models for optimizing drill hole placement at Murphy, enhancing targeting confidence by identifying subsurface structures associated with uranium deposits [5]. Company Overview - Foremost Clean Energy Ltd. is a growing North American exploration company focused on uranium and lithium, holding options to earn interests in multiple uranium properties across over 330,000 acres in the Athabasca Basin [11]. - The company aims to make significant discoveries through disciplined exploration programs, capitalizing on the increasing demand for carbon-free energy sources [11].
Armory Mining Names Security Expert Phil Lancaster To Its Advisory Committee
Thenewswire· 2025-09-25 12:00
Core Insights - Armory Mining Corp. has appointed Phil Lancaster to its Advisory Team, enhancing its expertise in the security and defense sectors [1][5] - Lancaster brings over 22 years of experience in British law enforcement and diplomatic service, with a focus on VIP protection and international policing initiatives [2][3] - The company is strategically positioned to benefit from the increasing demand for critical minerals, particularly in light of the U.S. National Defense initiative to secure domestic antimony supply [6][7] Company Overview - Armory Mining Corp. is a Canadian exploration company focused on minerals critical to the energy, security, and defense sectors [8] - The company holds an 80% interest in the Candela II lithium brine project in Argentina and a 100% interest in the Riley Creek and Ammo antimony-gold projects located in British Columbia and Nova Scotia, respectively [8] Industry Context - The U.S. National Defense initiative has recently secured a contract worth up to US $245 million for antimony ingots, indicating a strong governmental push towards securing domestic supply chains for critical materials [5][6] - Geopolitical stress is driving the need for critical metals and materials to be sourced and developed within friendly jurisdictions, highlighting the importance of ethical supply chains [6][7]
X @Crypto Rover
Crypto Rover· 2025-09-25 11:34
đź’ĄBREAKING:GOOGLE TO BUY STAKE IN PUBLIC #BITCOIN MINER CIPHER MINING. https://t.co/JJdqvXYh23 ...