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Western Ridge completes OTC listing as part of wider US expansion strategy
The Market Online· 2026-03-30 00:02
Core Viewpoint - Western Ridge Resources (ASX: WRX) has qualified to trade on the OTCQB market to enhance its U.S. growth, particularly focusing on its high-grade silver-dominant polymetallic Keystone project in Nevada and niobium-tantalum projects in Brazil [1][4]. Group 1: OTCQB Listing - The dual listing on the OTCQB allows for greater engagement with U.S. markets and media, providing direct access to high-quality information for U.S. investors [2][4]. - This move is seen as a significant step for the company, enhancing its ability to establish partnerships with international investors and raising awareness of its critical metal supply efforts in the U.S. [3][4]. Group 2: Keystone Project Development - Western Ridge is ramping up work at the Keystone project, having received approval for its maiden drilling in Q2, marking the first significant exploration in over 80 years [5]. - The company plans to conduct 19 RC drillholes to test extensions of the vein complex at Keystone, which historically produced 36,000 ounces of silver between 1937 and 1943 [6]. Group 3: Geophysical Survey and Future Plans - A recent geophysical survey at Keystone has identified at least 10 priority areas for further exploration, many linked to historic workings [7]. - The company aims to progress these targets for testing throughout the upcoming CY26 field season [7].
North American Niobium Receives Key Seigneurie Authorization
Globenewswire· 2026-03-26 11:30
Core Viewpoint - North American Niobium and Critical Minerals Corp. is set to launch its first drill program at the Seigneurie Project after receiving the necessary authorization from Québec's Ministère des Ressources naturelles et des Forêts, marking a significant step in exploring niobium and rare earth elements [1][2][3] Group 1: Authorization and Engagement - The Authorization for Impact-Causing Exploration Work (ATI) allows the company to conduct diamond drilling and related activities at the 100%-owned Seigneurie Project, valid for two years until March 22, 2028 [3][9] - The company completed stakeholder engagement with local communities, including the First Nation Council of the Essipit Innus and the Municipality of Longue-Rive, addressing logistical considerations and access routes [4][9] Group 2: Geological Context and Historical Data - The Seigneurie Project is located in the Grenville geological province, known for its occurrences of rare earth elements and critical minerals [6] - Historical exploration in the 1970s identified significant pegmatite bodies, with intervals reaching approximately 50–70 meters, although no assays were conducted for rare earth elements or niobium at that time [7][9] - Recent geological interpretations suggest that the pegmatite intrusion may exceed 300 meters in width and remains open in all directions, indicating a substantial exploration target for critical minerals [8][12] Group 3: Upcoming Drilling Program - The upcoming drilling program aims to assess the scale, continuity, and mineralization potential of the interpreted pegmatite system [10]
North American Niobium Receives Key Seigneurie Authorization
Globenewswire· 2026-03-26 11:30
Core Viewpoint - North American Niobium and Critical Minerals Corp. is set to begin its first diamond drilling program at the Seigneurie Project following the receipt of an Authorization for Impact-Causing Exploration Work (ATI) from Québec's Ministère des Ressources naturelles et des Forêts, aimed at exploring niobium and rare earth element potential [1][3][5] Group 1: Authorization and Engagement - The ATI authorization allows the company to conduct impact-causing exploration activities, including the construction of drill access trails and diamond drilling programs, valid for two years until March 22, 2028 [3] - The company completed stakeholder engagement with local communities, including the First Nation Council of the Essipit Innus and the Municipality of Longue-Rive, addressing logistical considerations and access routes [4] Group 2: Geological Context and Historical Data - The Seigneurie Project is located in the Grenville geological province, known for various rare earth element and critical mineral occurrences [6] - Historical exploration in the 1970s intersected significant pegmatite bodies, with reported intervals of approximately 50–70 meters, but did not assay for rare earth elements or niobium [7] - Recent geological interpretations suggest a pegmatite intrusion may exceed 300 meters in width and is open in all directions, supported by surface mapping and historical drill data [8][9] Group 3: Future Exploration Plans - The upcoming drilling program aims to test the scale, continuity, and mineralization potential of the interpreted pegmatite system [9] - The company intends to leverage the ATI authorization to advance its exploration strategy at the Seigneurie Project [5]
NIOB Exploration Work Leads to Multiple Drill Targets
Globenewswire· 2026-03-19 11:30
Core Insights - North American Niobium and Critical Minerals Corp. has improved its exploration pipeline by utilizing acquired company data and historical government data to identify multiple priority drill targets in its Québec portfolio [1][2] Exploration Progress and Drill Campaign - The company has initiated a staged exploration program in 2026 to refine and prioritize drill targets, including radon surveying, selective rock sampling, geological reinterpretation, and permitting progress [4][5] - An approximately 10,000-metre drill campaign is planned to evaluate scale, continuity, internal zoning, and mineralization potential across various geological environments, with flexibility in target ranking as new data is received [6][9] La Tuque Area Insights - The La Tuque area is believed to host multiple episodes of niobium and rare earth mineralization, expanding exploration opportunities across Bardy, Blanchette, Sabot, and Miskam [8][10] - Historical government mapping indicates potential for multiple mineralizing events, with geochronological data suggesting that mineralized pegmatites predate younger syenitic intrusive phases by approximately 35 to 90 million years [10][11] Project Updates - At Bardy and Blanchette, the company has refined drill targets using radon results and geological interpretation, while a planned magnetic drone survey has been delayed [13] - The Sabot project continues to support its inclusion in the 2026 target pipeline, with a backpack drill campaign scheduled for April/May [14] - The Miskam project has expanded its land position to include areas associated with niobium-lanthanite-yttrium anomalies, aligning with the company's district-scale strategy [15] - At Seigneurie, geological interpretation supports a large intrusive system exceeding 300 metres in width, with planned drilling to test the width and internal zoning of the system [17]
NioCorp Developments Ltd (NB) Breaks Ground on the Elk Creek Project
Yahoo Finance· 2026-03-18 13:04
Core Insights - NioCorp Developments Ltd (NASDAQ:NB) is recognized as a promising investment in the rare earth sector, particularly following the groundbreaking of its Elk Creek Critical Minerals Project in Nebraska [1][2] Group 1: Project Development - The Elk Creek Project aims to produce niobium, scandium, titanium, and rare earth elements, with the initial focus on constructing the main entrance portal for the underground mine [1][2] - The portal construction represents a significant investment of nearly $44.6 million, marking the transition of the project from planning to the development phase [3] - The company has successfully raised $500 million in capital investments from 2025 to date, facilitating more intensive advancement of the Nebraska project [3] Group 2: Future Outlook - NioCorp's 2025 year review report indicates that progress made in 2025 has strengthened the foundation of the Elk Creek Project, with 2026 anticipated to be a pivotal year for construction and commercial operation [4] - The company is focused on producing critical minerals, including rare earth elements, and aims to incorporate recycling of post-consumer products into its operations [5]
North American Niobium to Commence Systematic Bottom-of-Till and Bedrock Sampling at Sabot Project, Quebec
Globenewswire· 2026-03-05 12:30
Core Viewpoint - North American Niobium and Critical Minerals Corp. is initiating a 3 to 4 week bedrock and bottom-of-till sampling program at its Sabot project in Québec to enhance its niobium and rare earth element targeting [1][2][10] Program Overview - The sampling program will include 187 sampling points spaced approximately 400 meters apart, focusing on collecting bottom-of-till material and shallow bedrock core information [6][8] - The bedrock sampling is expected to yield up to ~2 meters of core per point, depending on overburden conditions [6][8] - Field activities will be conducted by a crew of up to three operators, supervised by consulting geologists [6][7] Targeting Rationale - The program aims to refine and prioritize exploration targets by systematically collecting data in areas with elevated potential for niobium and rare earth element mineralization [7][9] - The sampling will provide two complementary datasets: bottom-of-till material for heavy fraction mineralogy and shallow bedrock core intervals for geological observation [7][9]
Come Meet NioBay Metals at PDAC 2026 in Toronto
TMX Newsfile· 2026-02-27 13:06
Core Viewpoint - NioBay Metals Inc. will participate in the PDAC International Convention, showcasing its projects and strategy to strengthen the North American critical minerals supply chain, particularly in niobium production [1][3][4]. Company Participation - NioBay will have a presence at Booth 3015 during the PDAC convention from March 1-4, 2026, inviting shareholders, investors, and industry partners to engage [1]. - CEO Jean-Sébastien David will be available for discussions with investors and stakeholders and will present on Quebec Day, March 3, at 11:15 am [2]. Project Focus - The company aims to become a secure supplier of niobium through its James Bay Niobium Project in Ontario and Crevier Niobium-Tantalum Project in Québec, addressing the growing demand for critical metals [3]. - The James Bay Niobium Project is located 40 km south of Moose Factory, while the Crevier project is situated in the Nitassinan territory of the Pekuakamiulnuatsh First Nation [7]. Industry Context - PDAC is recognized as the leading convention for mineral exploration and mining, attracting significant participation from exhibitors and investors, which enhances networking and industry engagement opportunities [5][6].
Apex Critical Metals moved rare earth and niobium exploration forward with eye on domestic supply chains
Proactiveinvestors NA· 2026-02-26 19:01
Core Insights - The global recognition of the need for control over access to critical minerals is increasing, particularly for high-tech and military applications, with strong markets for various metals facilitating funding for exploration and development projects [1] Company Overview - Apex Critical Metals Corp is strategically positioned with rare earth and niobium assets in Nebraska and British Columbia, aiming to strengthen local supply chains [2] - The company underwent a restructuring and personnel revamp in mid-2023, focusing on the CAP project in British Columbia, which has promising infrastructure and an emerging niobium belt [3] Exploration and Development - In 2024, the company conducted a summer campaign that yielded promising results, including a notable niobium drill hit of 36 meters at 0.59% Nb₂O₅ within a 124.5-meter mineralized interval, indicating potential for expansion [4] - The Elk Creek carbonatite complex in Nebraska has been a long-term focus for the company, with a strategic land package assembled over a year, prioritizing the Rift Rare Earth Project area [5] Technical Expertise - The technical leadership of Apex includes experienced professionals with two decades of focus on critical metals, which is crucial for advancing the Rift project [6] Mineralization Potential - Carbonatite-hosted mineralization is prolific globally, providing a diverse range of commodities, and the land package adjacent to NioCorp in Nebraska is particularly promising [7] - The proximity to NioCorp, which has secured significant funding and is advancing its deposit, enhances Apex's exploration opportunities and streamlines permitting processes [8] Land and Resource Assessment - The company holds 3,500 acres of private land with significant rare earth mineralization, including drill holes that encountered over 2% rare earth oxide (REO) mineralization [9] - The primary focus for the company in Q1 will be to verify and expand upon significant historical results over an approximate 850-meter strike length [10] Project Updates - The CAP project is accessible year-round, with a recent discovery of 36 meters at 0.59% Nb₂O₅, and further drilling is planned to explore this area [11][12] - A geophysical survey identified a significant buried magnetic anomaly, prompting plans for deeper drill holes to test this target [13] Future Plans - The Rift project is the primary focus, with a strategic financing of $10 million increasing the cash position to around $14 million, facilitating rapid advancement towards a maiden resource stage by Q1 2027 [14][17] - Collaboration with the University of Nebraska–Lincoln for re-logging and re-assaying historical drill core will provide valuable data for the project [15][16] Market Demand - The demand for permanent magnets is projected to triple by 2040, driven by growth in electric vehicles and various industries, presenting a significant opportunity for the company at the Rift project [18]
Nuinsco MRE Subset at Prairie Lake Confirms Higher Grade and Potential Starter Pit Mineralized Domain
Thenewswire· 2026-02-26 15:25
Core Insights - Nuinsco Resources Limited announced a new subset of the mineral resource estimate at its Prairie Lake Project, highlighting significantly higher grades of phosphate and rare earth elements compared to the previous estimate, which may enhance the project's development potential [1][2][3] Group 1: Mineral Resource Estimate - The MRE Subset indicates a domain of mineralization with higher phosphate (P2O5) and rare earth element (REE) grades, suggesting a potential starter pit location [1][2] - The indicated mineral resource is 3.54 million tonnes at 4.59% P2O5 (+24%) and 2,204 g/t total rare earth oxides (TREO) (+32%), while the inferred mineral resource is 53.45 million tonnes at 5.11% P2O5 (+51%) and 2,355 g/t TREO (+17%) [6][4] - The MRE Subset provides evidence of high-grade mineralized domains that are economically significant, with favorable technical and logistical characteristics [2][4] Group 2: Economic Viability - Internal economic studies show that phosphate and REEs are key drivers of the project's economic viability, with the potential for substantial economic importance from the identified high-grade domains [2][3] - The project benefits from exceptional logistical advantages, including proximity to transportation networks and skilled labor, which enhance its development flexibility [3][19] Group 3: Ongoing Development - Ongoing work at the Prairie Lake Project continues to yield encouraging results, with further exploration expected to define additional mineralized material [3][4] - Metallurgical studies indicate the potential to produce a clean phosphate concentrate with a grade of 26% P2O5 at a 76% process recovery rate, with ongoing efforts to optimize these recoveries [10][4]
American Salars to Acquire up to 100% of the Petawaga Lithium-Niobium-Uranium Project, Quebec
Thenewswire· 2026-02-26 12:45
Core Viewpoint - American Salars Lithium Inc. has entered into a Mineral Claims Option Agreement to acquire up to a 100% interest in seven mineral claims for the Petawaga Lithium–Niobium–Uranium Project located in Québec [1][6]. Project Overview - The seven claims cover approximately 411 hectares and include the historical Petawawa River showing, which had a bulk sample of 45 kg returning 3.4% Nb2O5 and 0.65% U3O8 [2][3]. - The project is situated in the Grenville Geological Province, known for its pegmatites and the presence of minerals such as samarskite, euxenite, thorianite, columbite, and lepidolite [3]. - The area around Mont-Laurier is recognized for hosting uranium pegmatites and recently identified niobium and REE-bearing dykes, indicating a favorable geological context for mineral emplacement [3]. Transaction Terms - The Option Agreement allows the company to earn a 100% interest in the claims through total cash payments of C$120,000 over three years [6][8]. - Payment structure includes an initial C$5,000 upon signing, followed by additional payments at specified intervals until the total is reached [8]. Qualified Person - Technical data disclosed in the news release has been reviewed and approved by Isabelle Robillard, a qualified person as defined by National Instrument 43-101 [9]. Company Background - American Salars Lithium focuses on exploring and developing high-value battery metals projects to cater to the growing electric vehicle market [10].