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Grid Metals Intersects High-Grade Cesium at the Falcon West Cesium Project including 14.0% Cs2O over 3.01m
Accessnewswire· 2025-11-20 12:00
TORONTO, ONTARIO / ACCESS Newswire / November 20, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce the first five assays from its 2025 cesium-focused drill program at the 100%-owned Falcon West Cesium property (the "Property"). The Property is located approximately 110 km east of Winnipeg, Manitoba. ...
Brunswick Exploration Drills 47.2 Meters at 1.66% Li2O Within 120.7 Meters at 1.31% Li2O
Globenewswire· 2025-11-17 10:00
MONTREAL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Brunswick Exploration Inc. (TSX-V: BRW, OTCQB: BRWXF; “BRW” or the “Company”) is pleased to announce inaugural drilling results from its Anatacau Main Project, located in the Eeyou Istchee-James Bay region of Quebec. All drillholes were centered on the Anais showing and intercepted multiple, large spodumene-bearing pegmatites with rich lithium mineralization. The pegmatites are found along a major deformation corridor, reminiscent of the neighboring Galaxy deposit ...
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]
Quantum Joins the Critical Minerals Institute (CMI)
Thenewswire· 2025-10-31 13:00
Core Insights - Quantum Critical Metals Corp. has been approved as a member of the Critical Minerals Institute (CMI), enhancing its role in the North American critical minerals supply chain [1][2] - The partnership aims to support the clean energy transition, address supply chain vulnerabilities, and strengthen national security, aligning with Quantum's strategic goals [2] - CMI serves as a global think tank and industry hub, providing resources and insights for the critical mineral sector, and will host Quantum's CEO as a featured speaker at an upcoming summit [2][4] Company Overview - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects essential for next-generation technologies [4] - The company has a diverse portfolio of assets, including projects in gallium, rubidium, cesium, antimony, and germanium, strategically positioned to support the transition to a sustainable critical metals supply [4] Industry Context - The Critical Minerals Institute (CMI) connects companies, capital markets, and policymakers, offering actionable intelligence on exploration finance and geopolitics [2] - CMI's initiatives reflect the growing importance of critical minerals in geopolitical power dynamics and supply chains, particularly in clean energy [2]
Surge Completes 2025 Infill Drill Program; Consistently Intersects Thick Zones of High-Potential Lithium Claystone
Newsfile· 2025-10-30 11:00
Core Insights - Surge Battery Metals Inc. has successfully completed its 2025 core drilling program at the Nevada North Lithium Project, achieving all primary objectives including data collection for resource upgrade and pre-feasibility study [1][2][6] Drill Program Highlights - All nine drill holes encountered significant thicknesses of lithium-bearing claystone, with over 1,830 cumulative feet (557.8 meters) of favorable claystone intersected [2] - The average composite thickness of favorable claystone per hole was 207.4 feet (63.2 meters), with a maximum of 353 feet (107.6 meters) in hole NNL-030 [2] - Drilling results indicate the lithium-bearing basin may extend beyond current interpretations, suggesting potential for resource expansion [2] - Five holes encountered claystone horizons at or near the surface, indicating favorable conditions for low-cost extraction [2] - Consistent mineralization was observed across varying depths, enhancing understanding of basin geometry and geological controls [2] Resource Upgrade and Pre-Feasibility Study - The infill drilling increased data density within the existing resource footprint, supporting the upgrade of Inferred resources to Indicated and Measured classifications [2] - Comprehensive data for the pre-feasibility study was collected, including metallurgical testing samples and hydrogeological data [2][4] Operational Execution - The drilling program was completed efficiently using two drill rigs, showcasing the company's capability in managing complex field logistics [2][3] Next Steps - Core logging, cutting, and sampling are ongoing, with samples submitted for assay, including potential byproduct elements such as Cesium, Rubidium, and Rare Earth Elements [4] Joint Venture Update - Surge and Evolution Mining are progressing towards forming a joint venture, with an exclusivity period extension to November 21, 2025 [5] Company Overview - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is crucial for electric vehicle production [8] - The project has a pit-constrained Inferred Resource of approximately 8.65 million tons of Lithium Carbonate Equivalent (LCE) at a grade of 2,955 ppm Li [11] - A recent Preliminary Economic Assessment (PEA) reported an after-tax NPV8% of US $9.17 billion and an after-tax IRR of 22.8% at a lithium price of $24,000 per ton [11]
Acquisition of Option to Buy Lepidico's Interest in Karibib Lithium, Rubidium and Cesium Project in Namibia - Update
Newsfile· 2025-10-28 11:00
Core Viewpoint - International Lithium Corp. (ILC) has successfully met the conditions for a secured loan to Lepidico, which has been increased to CAD$ 510,000, enabling ILC to hold an option to acquire Lepidico Mauritius and its associated lithium project in Namibia [1][2][3] Financial Summary - The secured loan amount of CAD$ 510,000 includes CAD$ 420,000 that earns interest at a rate of 10% per annum [1] - ILC has the option to purchase 100% of Lepidico Mauritius for CAD$ 975,000, with the net amount payable being the difference between this purchase price and the loan repayment [3] Project Overview - The Karibib project in Namibia, owned by Lepidico Mauritius, contains significant resources of lithium, rubidium, and cesium, with the project having reached the Definitive Feasibility Study stage under JORC standards [12][14] - The project is believed to have one of the largest rubidium resources in Africa and contains cesium equal to about one year of global demand [10][11] Strategic Positioning - If the option is exercised, ILC would significantly advance its project development timeline compared to other interests in Zimbabwe and elsewhere [5][12] - The acquisition would position ILC as a leading player in the rubidium market and strengthen its interests in cesium, particularly as demand for these critical minerals rises [7][12][20] Market Context - The increasing demand for lithium and other battery metals is driven by the growth of electric vehicles and renewable energy technologies, positioning lithium as a critical resource for a sustainable economy [14][20] - ILC aims to capitalize on this demand by developing projects with significant resource potential in both Canada and Southern Africa [20]
Bentley Systems Announces Bentley Infrastructure Cloud Connect
Businesswire· 2025-10-15 07:51
Core Insights - Bentley Systems announced the launch of Bentley Infrastructure Cloud Connect, a foundational layer designed to enhance connectivity among data and people throughout the infrastructure lifecycle and value chain [1][15] Group 1: Product Features - Bentley Infrastructure Cloud Connect provides a connected data environment, allowing infrastructure professionals to access and manage project and asset data in one place, improving collaboration from design to operations [2][3] - The platform supports over 50 distinct file formats and integrates with various enterprise systems, creating digital twins of assets in their built and natural environments [3][4] - A unified web experience visualizes infrastructure data in full geospatial context, enhanced by Bentley's Cesium 3D capabilities, and includes a mobile app for project connectivity [5][6] Group 2: User Benefits - Early adopters report that the platform has facilitated access to curated views of 72 projects for over 900 external stakeholders from 86 organizations, helping to avoid costly missteps and save millions in potential rework [3] - Connect enables seamless collaboration across infrastructure ecosystems, allowing users to share files, capture feedback, and manage deliverables efficiently [4] Group 3: Future Availability - Bentley Infrastructure Cloud Connect is set to become generally available in December 2025, serving as the entry point to more advanced workflows in ProjectWise and AssetWise [6]
Bentley Systems Bolsters Cesium with Reality Modeling Capabilities, Brings Geospatial Context to Infrastructure Engineering
Businesswire· 2025-10-15 07:50
Core Insights - Bentley Systems has announced the availability of reality modeling services in Cesium, enhancing its open platform for both the built and natural environment [1] Company Summary - The introduction of reality modeling services signifies a strategic advancement for Bentley Systems, aiming to improve the integration of digital and physical environments [1]
Nevada Lithium Announces Significant Amounts of Critical Minerals Rubidium and Cesium Within its Bonnie Claire Lithium Project
Globenewswire· 2025-09-17 11:00
Core Insights - Nevada Lithium Resources Inc. has identified significant rubidium and cesium mineralization in its Bonnie Claire lithium project, which could enhance the project's economic viability and contribute to the U.S. supply of critical minerals [1][3][4] Company Developments - The CEO of Nevada Lithium, Stephen Rentschler, highlighted that the presence of rubidium and cesium aligns with the U.S. Department of the Interior's Draft 2025 Critical Minerals List, potentially increasing the revenue from boron by-products identified in the Preliminary Economic Assessment (PEA) [2][4] - Initial analysis of the Pregnant Leach Solution (PLS) indicates that rubidium and cesium are recoverable, and the company is exploring various recovery options [3][20] Project Details - The Bonnie Claire project has a mine life of 61 years and a processing rate of nearly 3 million tonnes of ore annually, suggesting a substantial contribution to the U.S. domestic supply of critical minerals [3][28] - The project consists of two mineral deposits: an Upper Zone with moderate-grade lithium and boron, and a Lower Zone characterized by high-grade lithium and boron [5][6] Mineralization Findings - Significant cesium and rubidium mineralization was confirmed in all drill holes from the 2023 and 2024 drilling programs, with notable grades including 248 ppm Cs over 318.5 ft and 313 ppm Rb over 298.5 ft [9][10] - A strong positive correlation was found between cesium, rubidium, lithium, and boron grades, indicating potential for enhanced recovery and economic returns [12][13] Economic Assessment - The recently released PEA indicates an after-tax net present value of $6.829 billion at an 8% discount rate, based on lithium and boron pricing [28] - The company aims to optimize the lithium flowsheet while investigating recovery options for rubidium and cesium to further enhance project economics [20][32]