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Midland, in Partnership with Rio Tinto Exploration Canada, Intersects New Lithium and Cesium Bearing Pegmatites During the 2025 Drilling Program on the Galinée Project
Globenewswire· 2026-01-08 12:30
Figure 6 Galinée 2024 Drilling Program Figure 2 JB (North) Lithium Occurrences Figure 1 MD-RTEC Option for Lithium Figure 3 Galinée Project Figure 7 Iceberg Spodumene Showing Figure 4 Galinée 2024 Drilling Program Figure 5 Galinée 2025 Drilling Program MONTREAL, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Midland Exploration Inc. (“Midland”) (TSX-V: MD), in partnership with Rio Tinto Exploration Canada Inc. (“RTEC”), is pleased to announce the results of the 2025 drilling campaign for ...
Company Name Change to ILC Critical Minerals Ltd.
TMX Newsfile· 2026-01-08 11:00
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2026) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") is pleased to announce that, effective January 12, 2026, the Company will change its name from International Lithium Corp. to ILC Critical Minerals Ltd.Effective at the opening of trading on January 12, 2026, the common shares of the Company will commence trading on the TSX Venture Exchange under the new name. The trading symbol on TSXV will remain unc ...
International Lithium Corp. Updates on Lepidico Arbitration Determination
TMX Newsfile· 2025-12-29 11:00
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].
Volta Announces Closing of $2.8 Million Oversubscribed and Upsized Private Placement
TMX Newsfile· 2025-12-23 22:43
Core Viewpoint - Volta Metals Ltd. has successfully closed an oversubscribed non-brokered private placement, raising gross proceeds of $2,810,508 through the issuance of 12,219,601 common shares at a price of $0.23 per share, marking a significant milestone for the company [1][6]. Financing Details - The private placement was oversubscribed, indicating strong investor interest and confidence in the company's strategy [1][6]. - The funds raised will be utilized for eligible Canadian exploration expenses, specifically for flow-through critical mineral mining expenditures, on or before December 31, 2026 [3]. - A director of the company participated in the offering, acquiring 87,000 FT Shares, which is classified as a related party transaction [4]. Use of Proceeds - The company plans to initiate a second-phase drill program to further explore the recently acquired Springer advanced Rare Earth and Gallium Deposit, as well as the Aki Critical Minerals Project [3]. - All qualifying expenditures will be renounced in favor of the subscribers of the FT Units by December 31, 2025 [3]. Compensation and Regulatory Compliance - In connection with the offering, the company paid commissions totaling $163,560 in cash and issued 711,132 finder warrants, which allow the purchase of common shares at the same price for a period of 24 months [5]. - The offering is subject to a statutory hold period of four months and one day, and requires regulatory approvals, including from the Canadian Securities Exchange [5]. Company Overview - Volta Metals Ltd. is a mineral exploration company based in Toronto, focusing on critical minerals such as rare earths, gallium, lithium, cesium, and tantalum [7]. - The company is actively exploring a portfolio of projects in Ontario, a region recognized for its potential in hard-rock critical minerals [7].
International Lithium Corp. AGM Chairman's Statement
TMX Newsfile· 2025-12-22 11:00
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:"Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and t ...
Ontario Minister and Nipissing First Nation Chief Visit Volta's Springer Rare Earth Project, Advancing Indigenous Partnership and Critical Minerals Development
TMX Newsfile· 2025-12-18 11:00
Core Viewpoint - Volta Metals Ltd. is advancing its Springer Rare Earth Project in Ontario, with significant engagement from government and Indigenous leaders, highlighting the project's strategic importance in North America's critical minerals supply chain [1][6]. Project Development - The site visit by Minister Greg Rickford and NFN Chief Cathy Stevens focused on permitting pathways, Indigenous economic participation, and the project's role in the critical minerals supply chain [2]. - Minister Rickford examined the project's geological advantages and infrastructure, emphasizing the potential of Ontario's "One Project, One Process" initiative to streamline permitting while ensuring environmental standards and Indigenous rights are respected [3]. Indigenous Participation - The Nipissing First Nation (NFN) offers a network of First Nation-owned businesses that can support the project's advancement, providing access to a skilled workforce and local services [4]. - The engagement represents progress in economic reconciliation, moving towards specific pathways for NFN participation in the project's economics [5]. Strategic Importance - The ministerial engagement underscores the provincial recognition of the Springer's strategic potential within Canada's domestic rare earth supply chain, addressing vulnerabilities due to reliance on foreign sources [6]. - Volta's President and CEO highlighted the importance of strong Indigenous partnerships and established infrastructure in de-risking the project through exploration and permitting [7]. Community Engagement - The ongoing collaboration with the Nipissing First Nation is seen as essential for ensuring that the perspectives of the community guide the project's development stages [9].
Large Critical Minerals Deposit Discovered In Utah
Yahoo Finance· 2025-12-17 00:00
A Utah company has unearthed a massive deposit of critical minerals, describing it as potentially “one of North America’s most significant” finds to date. According to Ionic Minerals Technology, assays from its Silicon Ridge project in Utah have confirmed the presence of 16 critical minerals, including germanium and gallium, in the halloysite-hosted ion-adsorption clay (IAC) system, a geological system that’s easier to extract minerals from compared to the conventional hard-rock. Located in Provo, less t ...
American Lithium Corp. Announces Intention to Advance Spin-Out of Macusani Uranium
Globenewswire· 2025-12-16 12:00
VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQX:AMLIF | Frankfurt:5LA1) is pleased to announce that, following the final resolution of all legal matters relating to its Macusani Uranium Project in Peru (“Macusani”), as announced by the Company on December 3, 2025, the Company is initiating the process to spin-out Macusani into an independent public company for the benefit of all shareholders. With the Company’s Per ...
Nevada Lithium Announces Winter Work Program Focused on Further Enhancing Value of the Bonnie Claire Lithium & Boron Project
Globenewswire· 2025-12-11 12:00
Core Viewpoint - Nevada Lithium Resources Inc. has initiated a winter work program at its 100% owned Bonnie Claire lithium project to address questions from the 2025 Preliminary Economic Assessment (PEA) and evaluate the potential for additional critical mineral recovery, particularly cesium and rubidium, alongside lithium and boron [1][2][5]. Group 1: Project Development - The company is progressing with several recommendations from its PEA to establish a foundation for a larger work program in 2026 aimed at advancing the project towards a Pre-Feasibility Study [5]. - The CEO highlighted the multi-faceted nature of the work program, which is expected to yield valuable technical information with positive economic implications [2]. Group 2: Mineral Recovery Potential - Significant cesium (Cs) and rubidium (Rb) mineralization has been identified at Bonnie Claire, with initial tests indicating their presence in the pregnant leach solution (PLS) [6][7]. - A proof-of-concept study has been commissioned to evaluate the recovery potential of cesium and rubidium, which could enhance the project's economic viability [7][8]. Group 3: Technical Due Diligence - The company is conducting due diligence on the Hydraulic Borehole Mining Method (HBHM) to validate its suitability for extracting high-grade lithium and boron at Bonnie Claire [3][9]. - A global engineering firm has been retained to review the mine design and geotechnical conditions, ensuring the HBHM method is applicable to the geology of Bonnie Claire [11][12]. Group 4: Lithium Residency Research - The company has signed a research agreement with the University of Naples Federico II to investigate lithium distribution in clay minerals at Bonnie Claire [14]. - The research will utilize advanced techniques such as X-ray diffraction and Scanning Electron Microscopy to analyze ore textures and mineralogy, aiming to improve resource modeling [15][16]. Group 5: Economic Assessment - The 2025 PEA indicates a $6.829 billion after-tax net present value at an 8% discount rate, based on lithium carbonate priced at $24,000 per tonne and boric acid at $950 per tonne, with a projected after-tax internal rate of return of 32.3% [19].
Grid Metals Reports Best Intercept to Date at Falcon West Cesium Project of 16.5% Cs2O over 3.45m
Accessnewswire· 2025-12-04 12:00
TORONTO, ON / ACCESS Newswire / December 4, 2025 / Grid Metals Corp. (TSXV:GRDM)(OTCQB:MSMGF) ("Grid" or the "Company") is pleased to announce additional high-grade cesium assays from the Lucy South target zone at its 100%-owned Falcon West cesium property (the "Property"). The current drill program is defining a high-grade near surface zone of pollucite-hosted cesium mineralization. ...