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Additional Critical Mineral Potential Confirmed with 95.9% Cesium and 86.9% Rubidium Extraction at Bonnie Claire Lithium Project
Accessnewswire· 2026-03-25 11:00
Core Viewpoint - Nevada Lithium Resources Inc. is advancing its metallurgical program at the Bonnie Claire Lithium project, indicating growth in the opportunity to produce additional critical minerals [1] Company Update - The Bonnie Claire Lithium project is 100% owned by Nevada Lithium and is located in Nye County, Nevada [1] - CEO Stephen Rentschler expressed satisfaction with the ongoing developments in the project [1]
Peloton has Registered 200 Additional Claims to Cover a Large Underlying Clay Layer Shown to be Mineralized by Recent Drilling
Thenewswire· 2026-03-16 12:00
Core Insights - Peloton Minerals Corporation has expanded its North Elko Lithium Project by registering an additional 200 mineral claims, bringing the total to 642 claims covering 53 square kilometers (20 square miles) [1] Exploration and Findings - The claim block expansion aims to cover a large underlying stratigraphy identified through surface geophysics, confirmed to be clay bearing ("claystone") [2] - The claystone strata covers an area of at least 50 square kilometers (19 square miles) with a minimum thickness of 480 feet in three drill holes, indicating significant mineralization potential [2] - Recent drilling revealed anomalous values of lithium, rubidium, and cesium, with the southern-most hole averaging 618 ppm lithium over the bottom 155 feet [3] Future Plans - The company plans to focus on identifying horizons within the claystone strata that may have higher concentrations of lithium, rubidium, or cesium [4] - A series of studies will be conducted to refine targets for a follow-on drilling program scheduled for this summer, including initial metallurgical work to assess mineral recoverability [4] Technical and Operational Details - The exploration work to date includes airborne hyperspectral imaging, geologic mapping, soil geochemistry, and surface geophysics, with two drill permits and 24 drill pads approved [6] - Four drill holes have been completed, with depths reaching up to 500 feet [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 [7] - The company's exploration portfolio includes the North Elko Lithium Project and other mineral projects in Nevada and Montana [8]
ILC Critical Minerals Ltd. Does Not Exercise Option to Buy Lepidico Mauritius Ltd.
TMX Newsfile· 2026-03-04 10:00
Core Viewpoint - ILC Critical Minerals Ltd. has failed to exercise or extend its option to acquire 100% of Lepidico (Mauritius) Ltd., which controls a significant lithium project in Namibia, due to delays in approval from the TSX Venture Exchange [1][2][3]. Company Overview - ILC Critical Minerals Ltd. is focused on exploration activities in Ontario, Canada, and aims to expand into Southern Africa, targeting lithium, rubidium, and copper [5][6]. - The company has several projects at various stages, including a Preliminary Economic Assessment at Raleigh Lake and pre-drilling at Wolf Ridge [5][8]. Project Details - The Karibib lithium project in Namibia, which ILC aimed to acquire, is notable for having the largest known rubidium resource in Africa and sufficient cesium for about one year of global use [3]. - The Raleigh Lake Project in Ontario encompasses 32,900 hectares and has a post-tax NPV of CAD$342.9 million based on a spodumene price of US$2,350 per tonne [10]. Market Context - There is a growing demand for lithium and other critical minerals driven by the transition to electric vehicles, energy storage, and high-tech applications [6][12]. - The company recognizes the strategic importance of securing supplies of critical minerals amid increasing political pressure for self-sufficiency in major economies [6][12]. Future Plans - ILC aims to optimize the value of its existing projects while exploring new opportunities, particularly in Southern Africa, where it has applied for Exploration Permits in Zimbabwe [8][11]. - The company plans to continue generating revenue from its lithium and rubidium projects while contributing to environmental sustainability [7][12].
Quantum Critical Metals to Exhibit at PDAC 2026
Thenewswire· 2026-02-26 14:00
Company Overview - Quantum Critical Metals Corp. is a Canadian mineral exploration company focused on advancing critical metals projects that support next-generation technologies [5] - The company has a growing portfolio that includes the NMX East Gallium-Rubidium-Cesium Project, Discovery Gallium-Rubidium-Cesium and polymetallic project, Babine South Silver Project, and the newly acquired Prophecy Germanium-Gallium-Zinc Project [5] Upcoming Events - Quantum will participate in the annual Prospectors & Developers Association of Canada (PDAC) Convention from March 1-4, 2026, at the Metro Toronto Convention Center, inviting investors and industry participants to visit Booth 2419A [1][2] - Company representatives will be available to discuss the portfolio of critical metal projects and showcase rock samples, with exploration updates from the NMX East and Babine South Silver properties [2] - On March 3rd at 10:45 am, the Vice President of Exploration, Melanie Mackay, will present on the NMX East project during Québec Day at the PDAC [3] Industry Context - The PDAC Convention is recognized as the world's premier mineral exploration and mining convention, attracting over 27,000 attendees from more than 125 countries, featuring over 1,300 exhibitors and 700 presenters [3][4] - The event serves as a platform for networking, educational programming, and business opportunities within the mineral exploration industry [4]
Lion Rock's First Results from Maiden Drill Program Reveals Discovery of Multiple Critical Mineral Intercepts Within the Volney Pegmatite
TMX Newsfile· 2026-02-26 12:20
Core Viewpoint - Lion Rock Resources Inc. has reported significant drill results from the Giant Volney target area at its Volney Project, indicating a well-developed lithium-tin-tantalum pegmatite system with multiple critical minerals present, which is strategically important for North America's supply chain of these minerals [1][5]. Group 1: Drill Results - The Phase 1 drill program involved approximately 3,600 meters of diamond drilling across 15 drillholes, with initial results showing significant lithium-tin-tantalum mineralization [2][3]. - Notable lithium intercepts include: - 0.8% Li2O over 25.4 meters in drillhole VOL25-004, with 1.3% Li2O over 14.3 meters [7]. - 1.5% Li2O over 10.3 meters in drillhole VOL25-005, which ended in pegmatite [7]. - 1.6% Li2O over 10.6 meters in drillhole VOL25-007 [7]. - Additional critical minerals identified include gallium (up to 67 ppm), rubidium (up to 3,948 ppm), cesium (up to 938 ppm), and tantalum (up to 301 ppm) [3][4]. Group 2: Project Overview - The Volney Project is located in South Dakota's Black Hills, a historically significant mining region, and features the Giant Volney pegmatite, which is 635 meters long and remains untested at depth [18]. - The project hosts a multi-commodity critical mineral profile, including lithium, tin, tantalum, gallium, cesium, rubidium, and gold, all of which are on the current US Critical Minerals List [4][5]. - The project is accessible year-round and consists of private claims with surface and mineral rights, facilitating rapid permitting and advancement [18].
Noram Adds Additional Critical Mineral to List of High-Value Byproduct Credits in Zeus Project Upgraded PEA
Accessnewswire· 2026-02-25 08:01
Core Viewpoint - Noram Lithium Corp. has announced the inclusion of molybdenum as a valuable byproduct credit in its upcoming Preliminary Economic Assessment, expanding its portfolio of critical minerals [1] Group 1: Company Developments - The Project now includes multiple U.S.-designated critical minerals such as lithium, molybdenum, cesium, rubidium, and potash potential [1]
Early Warning Press Release Regarding Acquisition of Common Shares in Spartan Metals
Thenewswire· 2026-02-24 22:00
Company Overview - Spartan Metals Corp. is focused on developing critical minerals projects in stable mining jurisdictions in the Western United States, emphasizing a portfolio of strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic [4]. Recent Acquisition - Burton Egger, a director of Spartan Metals, acquired 1,400,000 common shares through the exercise of purchase warrants at a price of $0.075 per share [1]. - Prior to the acquisition, Mr. Egger owned 7,222,341 common shares, 1,604,166 warrants, and 50,000 restricted share units, representing approximately 18.3% of the issued common shares on an undiluted basis and 21.56% on a partially diluted basis [2]. - After the acquisition, Mr. Egger's ownership increased to 8,622,341 common shares, 204,166 warrants, and 50,000 RSUs, representing approximately 21.7% of the issued common shares on an undiluted basis, while remaining at 21.56% on a partially diluted basis [2]. Investment Intent - The acquired shares were purchased for investment purposes, and depending on market conditions, the acquirer may acquire additional securities, exercise convertible securities, or dispose of existing securities [3]. Key Project - Spartan's flagship project is the Eagle Project in eastern Nevada, which includes one of the highest-grade historic tungsten resources in the USA, along with significant under-defined resources of rubidium, antimony, bismuth, indium, and precious and base metals [5].
Panther Minerals Begins Exploration Program at the East Brouillan Property and Announces Proposed Transaction
Thenewswire· 2026-02-19 12:30
Core Viewpoint - Panther Minerals Inc. has initiated exploration activities on its East Brouillan Copper Property, aiming to assess mineralization potential and further define geological features in the region [1][4][5]. Group 1: East Brouillan Copper Property - The East Brouillan Copper Property consists of 14 claims covering approximately 778 hectares in Quebec's Abitibi greenstone belt, near the Brouillan Volcanic Complex [2][3]. - The exploration program will be conducted at both regional and local scales, including regional prospecting, airborne geophysics, and soil sampling [4]. - Local exploration will focus on geological mapping and geochemical soil sampling to evaluate mineralization potential [5]. Group 2: Rubidium Ridge Lithium-Tantalum Property - The company has entered into an agreement to acquire a 100% interest in the Rubidium Ridge Lithium-Tantalum property from Usha Resources Ltd. for $80,000 cash and 4,500,000 common shares [6][9]. - The Rubidium Ridge property consists of 110 claims and has identified significant deposits, including the B26 Deposit with 13.0 million tonnes at 2.1% CuEq [7]. - The property is subject to a 2% net smelter returns royalty, with a buyback option for 1% [9]. Group 3: Exploration Activities - The exploration activities will include prospecting to identify outcrops, geophysical assessments using drone surveys, and analysis of electromagnetic conductors associated with geological features [8]. - The exploration will focus on three specific targets, with updates expected throughout the field season [5]. Group 4: Company Overview - Panther Minerals Inc. is focused on developing quality precious and base metal properties that are drill-ready with high upside potential [12]. - The company trades on multiple exchanges, including CSE under the symbol PURR, OTCQB under GLIOF, and FWB under 2BC [12].
Spartan Metal's New Land Package includes Past Producing Yellow Jacket Tungsten Mine
Thenewswire· 2026-02-05 13:00
Core Insights - Spartan Metals Corp. has expanded its land holdings by acquiring the past-producing Yellow Jacket Tungsten Mine, enhancing its Eagle Project in eastern Nevada [1][2] - The acquisition allows for exploration of both the vein system at Tungstonia and skarn-type mineralization at Yellow Jacket, indicating a significant tungsten endowment in the district [2][3] Company Developments - The Yellow Jacket Tungsten Mine historically produced material averaging 1.12% WO3 from 1943 to 1944, with two known mineralized zones [3] - Planned activities for 2026 include additional soil sampling, geophysics over the entire Tungstonia Claim block, and diamond core drilling of high-potential targets [4] Project Overview - The Eagle Project is approximately 36.5 km² and located 120 kilometers northeast of Ely, Nevada, covering 9,033 acres with 445 Bureau of Land Management unpatented lode mining claims [10] - The project includes three deposit types: Porphyry, Skarn, and Carbonate Replacement, containing significant grades of Tungsten, Silver, and Rubidium [11] Historical Context - The Eagle Project consists of past-producing high-grade tungsten mines, with operations occurring from 1915 to 1942 and intermittent production until 1956, totaling 8,379 units at grades between 0.6%-0.9% WO3 [8][10]
Peloton Stakes 200 Additional Claims at the North Elko Lithium Project Bringing the Total Ground Position to 53 Square Kilometers or 20 Square Miles
Thenewswire· 2026-02-03 13:00
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]