Core Insights - Peloton Minerals Corporation has staked an additional 200 mineral claims at its North Elko Lithium Project, increasing the total to 642 claims covering 53 square kilometers [1][9] Exploration and Drilling Results - The new claims cover Bell Canyon and Bell Canyon Road, with recent drilling showing increasing lithium values at depth, averaging 618 ppm over the bottom 155 feet, and a peak of 1150 ppm lithium [2][5] - The Bell Canyon drill location was strategically chosen due to its proximity to a lithium zone discovered by Surge Battery Metals Inc. and historical data from a 1965 water well that indicated similar clay layers [3][5] Future Plans - The company plans to conduct a series of studies using various datasets to refine drill targets for a follow-on program scheduled for summer, including metallurgical work to assess the recoverability of cesium and rubidium, which showed consistent assay results across all drill holes [5][6] - A detailed outline of the upcoming work and studies will be issued once finalized [6] Company Overview - Peloton Minerals Corporation is a reporting issuer in British Columbia and Ontario, with common shares listed on the CSE and trading on the OTC QB [8] - The company's exploration portfolio includes the North Elko Lithium Project, as well as gold projects and a non-controlling interest in a copper porphyry project [9]

TORONTO, ON / ACCESS Newswire / February 3, 2026 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to report additional assays from the Lucy South target zone at its 100%-owned Falcon West cesium property (the "Property"). The Phase 1 drill program was focused on defining a near-surface zone of pollucite-hosted cesium mineralization in the Lucy South pegmatite, which is a highly-fractionated, shallow- to moderately-dipping, lithium+ cesium+tantalum enriched ("LCT") pegmatite ...

VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that Mr. Alex Tsakumis has been appointed Chief Executive Officer (“CEO”) effective January 29, 2026. Mr. Tsakumis was the Interim CEO of the Company since September 1, 2024, and a member of the board of directors (the “Board”) since 2021. Mr. Tsakumis is a public markets specialist with over 30 years of experience in the ...

Core Viewpoint - ILC Critical Minerals Ltd. is conducting a non-brokered private placement to raise up to CAD$2,500,000 by issuing 100,000,000 common shares at CAD$0.025 per share, with proceeds aimed at expanding operations in Southern Africa and Canada, as well as general working capital [1][2]. Use of Proceeds - The proceeds from the private placement will be allocated as follows if the full amount is raised: - Final payment for acquiring Lepidico Mauritius (if option exercised): CAD$450,000 (18%) - Exploration expenditure in Namibia and Canada: CAD$950,000 (38%) - Management fees to non-arms length parties: CAD$440,000 (17.6%) - Working capital: CAD$660,000 (26.4%) [3]. Company Operations and Strategy - ILC Critical Minerals Ltd. focuses on exploration activities in Ontario, Canada, and aims to expand into Southern Africa, particularly through the Karibib project in Namibia, which contains lithium, rubidium, and cesium [7][9]. - The company is strategically positioned to benefit from the increasing demand for critical minerals driven by the transition to electric vehicles and renewable energy [8][9]. - The primary focus for the next decade is to generate revenue from lithium and rubidium while contributing to environmental sustainability [10][16]. Project Highlights - The Raleigh Lake Project in Ontario is the most significant project, covering 32,900 hectares, with a Preliminary Economic Assessment indicating a post-tax NPV of CAD$342.9 million and a post-tax IRR of 44.3% based on a spodumene price of US$2,350 per tonne [14]. - The company has also applied for Exploration Permits in Zimbabwe, indicating a commitment to expanding its portfolio in Southern Africa [11][13]. Market Context - The demand for lithium and other critical minerals is expected to rise due to the growth of high-tech rechargeable batteries and the push for a greener economy [16]. - ILC aims to position itself as a preferred developer of lithium and critical minerals, capitalizing on the increasing global focus on self-sufficiency in critical mineral supplies [9][16].

Core Viewpoint - Peloton Minerals Corporation has successfully completed its maiden drilling program at the North Elko Lithium Project, confirming the presence of significant lithium and critical minerals in the basin, which warrants further exploration [1][5]. Drilling Program Overview - The drilling program consisted of four vertical exploration holes, reaching a maximum depth of 500 feet (152 meters), marking the first lithium-focused drilling on the NELP property [2]. - The holes were strategically positioned across a 37 square kilometer claim block to assess basin geometry, stratigraphy, and the extent of lithium and clay-bearing sediments [4]. Drilling Highlights - Lithium mineralization was found in all four holes, with 89% of the 352 five-foot samples showing anomalous to strongly anomalous lithium levels [7]. - The best interval recorded was 155 feet averaging 618 ppm lithium, with peaks reaching up to 1,155 ppm [7]. - The presence of cesium and rubidium was noted in all holes, indicating a chemically evolved, alkali-rich volcanic system [7]. Geological Insights - The drilling confirmed lithium-bearing claystones to depths of at least 500 feet over a 7 kilometer by 3.5-kilometer area [8]. - The NELP basin is deemed fertile for lithium and critical metals, including cesium and rubidium, which are also found in other advanced Nevada lithium claystone deposits [8]. Relationship with Adjacent Resources - NELP is located adjacent to Surge Battery Metals' Nevada North lithium project, which has a defined lithium resource with high average grades [6]. - The initial results from NELP, while not yet comparable in grade, are considered a positive outcome for early-stage exploration [9]. Future Exploration Plans - The company plans to conduct further drilling focused on step-outs and tighter spacing in the most promising lithium and critical mineral zones identified [13]. - Additional work will include detailed stratigraphic interpretation, expanded mineralogical and metallurgical testing, and integration of various geological data sets to refine future drill targeting [13].

Core Viewpoint - ILC Critical Minerals Ltd. has extended its option to acquire 100% of Lepidico (Mauritius) Ltd. until February 27, 2026, amid ongoing legal complexities and the need for regulatory approvals [1][3]. Company Developments - The company has agreed to provide additional working capital payments of CAD$145,000 to Lepidico in exchange for the option extension, which will be added to the secured loan if the option is not exercised [3]. - ILC's exploration activities are focused on lithium, rubidium, and copper in Canada and Southern Africa, with significant projects at various stages of development [4][7]. Market Context - There is a growing demand for critical minerals like lithium and rubidium, driven by the transition to electric vehicles and renewable energy sources, positioning ILC strategically within this market [5][12]. - The company aims to capitalize on the increasing demand for high-tech rechargeable batteries, which are essential for a sustainable economy [12]. Project Highlights - The Raleigh Lake Project in Ontario is ILC's most significant asset, covering 32,900 hectares, with a Preliminary Economic Assessment indicating a post-tax NPV of CAD$342.9 million and an IRR of 44.3% based on a spodumene price of US$2,350 per tonne [10]. - The Karibib project in Namibia is also a priority, containing lithium, rubidium, and cesium, and is part of ILC's strategic focus for future development [4][10]. Strategic Goals - The company aims to optimize the value of its existing projects while exploring new opportunities, particularly in Southern Africa, and plans to make further announcements regarding portfolio developments [6][7].

Company Overview - Libra Energy Materials Inc. is a Canadian mineral exploration company focused on discovering and developing critical minerals essential for the green energy transition [5] - The company has projects in Ontario and Quebec, including Flanders North, Flanders South, and SBC, under a $33 million earn-in deal with KoBold Metals Company [5] - Libra holds 100% ownership of four lithium projects in Canada and has additional projects in Brazil, including twenty-one lithium projects, eight graphite projects, and one cobalt project [5] Recent Developments - The company announced the issuance of 305,810 common shares at a deemed price of CAD$0.1635 as part of an asset purchase agreement for the Stimson lithium-cesium project in Ontario, with a total purchase price of CAD$50,000 [4] - The vendors of the project opted to receive the purchase price in common shares, which are subject to approval by the Canadian Securities Exchange [4] Industry Context - The Vancouver Resource Investment Conference, where Libra will participate, has been a key event for junior mining investment in Canada for 25 years, attracting over 5,000 mining investors annually [2] - The conference will feature over 120 expert speakers and a marketplace of over 300 investment opportunities in the mining industry, highlighting the growing interest in mining investments [2]

Core Insights - Midland Exploration Inc. has announced the results of its 2025 drilling campaign for lithium on the Galinée project, which is located near the Adina lithium deposit [7][19] - The drilling program included a total of 14 diamond drill holes and 9 reverse circulation drill holes, totaling 4,105.09 meters, with significant lithium and cesium mineralization identified [9][11] Drilling Results - The best lithium results from the 2025 drilling program include: - 1.14% Li2O over 30.59 meters, including 1.77% Li2O over 18.39 meters (hole TLIB0051) - 0.53% Li2O over 22.90 meters, including 1.09% Li2O over 6.10 meters (hole TLIB0044) - 1.08% Li2O over 17.10 meters (hole TLIB0034) [11][12] - New cesium mineralization was identified with results such as: - 9.15% Cs2O over 6.40 meters (hole TLIB0006) - 1.89% Cs2O over 12.10 meters (hole TLIB0044) [11][13] Geological Observations - The Galinée project exhibits two distinct styles of lithium mineralization: - The Iceberg area features a stacked spodumene pegmatite system that is 10 to 20 meters thick - South of Iceberg, the pegmatites are generally less than 10 meters thick and laterally extensive [15][16] - The Iceberg spodumene pegmatite bodies remain open along strike and to depth, indicating potential for further exploration [16] Project Background - The Galinée project is strategically located approximately 5 kilometers east of the Adina deposit, which has significant mineral resources [19] - Midland has a partnership with Rio Tinto Exploration Canada Inc. (RTEC) under an option agreement, with RTEC recently paying $487,500 as part of this agreement [20] Future Plans - Further drilling is planned to better define the geometry and extension of the lithium pegmatites identified in the current drilling campaign [16]

Core Viewpoint - International Lithium Corp. will change its name to ILC Critical Minerals Ltd. effective January 12, 2026, to better reflect its focus on critical minerals beyond lithium [1][4]. Group 1: Name Change and Trading Information - The company's common shares will continue to trade under the symbol "ILC" on the TSX Venture Exchange, with a new CUSIP number of 44967J107 and ISIN CA44967J1075 [1]. - The share capital remains unchanged, with 272,403,254 common shares issued and outstanding, and shareholders are not required to exchange existing share certificates [2]. Group 2: Business Operations and Future Focus - All corporate information, including business operations and ongoing exploration activities, will remain unchanged, although some subsidiary names will be updated to align with the new company name [3]. - The chairman highlighted the significant recovery in lithium carbonate prices by over 110% since June 30, 2025, and noted the rise in spodumene prices by over 160% from June 2025 lows, indicating a strong market for lithium and other critical minerals [4].

Core Viewpoint - International Lithium Corp. (ILC) has received an unfavorable arbitration decision regarding its dispute with Jiangxi Jinhui Lithium Co., Ltd., impacting its strategic plans for the Karibib Lithium Project in Namibia [1][4]. Company Overview - ILC is engaged in exploration activities in Ontario, Canada, and aims to expand into Southern Africa, focusing on lithium, rubidium, and copper [5]. - The company has various projects at different stages, including a Definitive Feasibility Study at Rubicon in Namibia and a Preliminary Economic Assessment at Raleigh Lake [5]. Arbitration Details - The arbitration was conducted at the Singapore International Arbitration Centre, initiated by the State Administration of Foreign Exchange in China, with the contract governed by Ontario law [3]. - The arbitration tribunal consisted of three arbitrators, with no Canadians involved, and the decision was issued in Chinese [3]. Impact of Arbitration Outcome - The arbitration outcome favored Jinhui, which has led ILC to reassess its options regarding the Karibib Project, where it currently holds an option and is a secured creditor [4]. - The board of ILC is considering various courses of action following the arbitration decision and plans to make further announcements [4]. Strategic Focus - ILC's mission is to generate revenue from lithium and other critical minerals while contributing to environmental sustainability [7]. - The company is prioritizing the optimization of existing projects in Canada and exploring new opportunities in Southern Africa, particularly in Namibia and Zimbabwe [8]. Project Highlights - The Raleigh Lake Project is ILC's most significant project in Canada, covering 32,900 hectares, with a Preliminary Economic Assessment completed in December 2023 [10]. - The Karibib Project in Namibia is also a high priority for ILC, contingent on the company's future involvement [9]. Market Context - The demand for lithium and other critical minerals is increasing due to the growth of electric vehicles, energy storage, and high-tech rechargeable batteries, positioning lithium as a vital resource for a sustainable economy [12]. - ILC aims to become a preferred developer of lithium and critical minerals, capitalizing on the growing market demand throughout the 2020s [12].