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Locksley expands Mojave minerals footprint in California
Yahoo Finance· 2025-09-12 14:32
Core Insights - Locksley Resources has expanded its landholding in California's Mojave region by adding 249 claims, bringing the total to 491 claims, which are strategically located near the Mountain Pass rare earth mine [1][2] Group 1: Land Expansion and Strategic Positioning - The additional claims enhance Locksley's land position and secure acreage adjacent to recently discovered antimony, rare earth elements (REEs), and polymetallic mineralization [2][4] - The southeast claims feature favorable gneissic geology, which is known to host the Mountain Pass mine and carbonatites [2] Group 2: Geological Insights and Opportunities - The technical director highlighted substantial regional structures that could serve as conduits for REE-bearing carbonatites, indicating potential for various mineralization styles [3] - The proximity of the northern claims to Dateline Resources' Colosseum Gold Project, located just 3km away, suggests additional exploration opportunities [3] Group 3: Commodity Opportunities and Strategic Partnerships - The USGS geochemical database indicates the presence of polymetallic and precious metals occurrences near the new northern claims, revealing multiple commodity opportunities [4] - Locksley Resources has entered a strategic partnership with Rice University to develop domestic processing technology for North American antimony, marking the start of its Critical Minerals and Energy Resilience Strategy [5]
Lancaster Resources Appoints Veteran Explorer Ross Brown as VP, Exploration to Lead Lake Cargelligo Gold Project Amid Record Gold Prices
Globenewswire· 2025-09-12 11:00
Core Viewpoint - Lancaster Resources Inc. has appointed Ross Brown as Vice President of Exploration to lead the advancement of its Lake Cargelligo Gold Project in New South Wales, Australia, coinciding with record-high gold prices and strong investor interest in gold exploration [2][5]. Company Overview - Lancaster Resources Inc. is a Canadian exploration company focused on critical mineral and gold projects, holding a 100% interest in the Lake Cargelligo Gold Project, which spans over 28,768 hectares [12]. - The company also has assets in Canada, including the Lac Iris polymetallic project and options for other projects in Quebec and Saskatchewan [12]. Appointment of Ross Brown - Ross Brown is recognized as a discovery-focused leader with nearly four decades of experience in exploration across various regions, including Australia, Africa, and South America [4][6]. - His previous roles include founding and managing ASX-listed companies, such as Oklo Uranium and Inca Minerals, demonstrating a proven track record in advancing early-stage projects [4][10]. Exploration Strategy - The near-term exploration program at Lake Cargelligo will involve geological mapping, geochemistry, and updated geophysics to define drill targets and accelerate project advancement [5][10]. - Historical results from the project include high-grade findings, such as up to 204 g/t Au and 273 g/t Ag from rock chips, and 16m at 5.83 g/t Au and 7.20 g/t Ag from channel sampling [10].
Glenstar Minerals Begins Trading on Tradegate Exchange for Greater European Visibility
Newsfile· 2025-07-22 18:50
Company Overview - Glenstar Minerals Inc. is a mineral exploration company focused on polymetallic minerals, which are classified as critical minerals essential for manufacturing sophisticated electronics and energy technologies [3] - The company's mission is to explore, acquire, and develop critical mineral and energy metal properties globally [3] Trading and Market Presence - Glenstar has been approved for trading on the Tradegate Exchange in Berlin, Germany, to enhance access and visibility to European and international investors [1] - The company also trades on the Canadian Securities Exchange (CSE) under the symbol "GSTR", on the Frankfurt Stock Exchange under "VO20", and on the OTCQB market in the U.S. under "GSTRF" [4] Benefits of Tradegate Listing - The listing on Tradegate is expected to provide greater visibility to European investors, improved liquidity, direct execution of securities orders, and access to a larger pool of international investors [2] - This move may lead to wider access to investment capital to fund the company's exploration and development activities [2]
Lancaster Resources Inc. Expands Exploration in Quebec’s James Bay with Lac Iris Polymetallic Project Acquisition
Globenewswire· 2025-06-12 12:00
Core Viewpoint - Lancaster Resources Inc. has acquired a 100% interest in the Lac Iris Polymetallic Project in Quebec, enhancing its exploration portfolio in the James Bay region, which is known for significant mineral discoveries [1][3][7]. Acquisition Details - The Lac Iris Polymetallic Project spans approximately 1,443 hectares and is located 5 km south of notable discoveries by Power Metallic Inc. The property is adjacent to the Li-FT Power Ltd. Rupert Lithium Project and is situated along the same geological trend as the Whabouchi Lithium pegmatite deposit and the NISK polymetallic high-grade nickel-copper sulphide deposit [1][5][6]. - The acquisition complements Lancaster's existing option on the Trans-Taiga Project, also located in James Bay, and supports the company's strategy to diversify its exploration projects [7][11]. Strategic Importance - The James Bay region is emerging as a key area for polymetallic and lithium exploration in Canada, with the Whabouchi mine operated by Nemaska Lithium located just 11 km north of the Lac Iris Project [6][7]. - The acquisition is expected to unlock shareholder value and build on the momentum from previous acquisitions, including the Lake Cargelligo project in Australia [3][7]. Planned Activities - Lancaster plans to initiate an exploration campaign on the Lac Iris Property aimed at identifying polymetallic and lithium-rich areas, constructing detailed geological maps, and evaluating the high-value metals content through sampling [8]. Access and Infrastructure - The Lac Iris Property has year-round access via Route du Nord Road and is located approximately 43 km east of the airport and village of Nemiscau, QC, with hydroelectric transmission lines crossing the property [9].