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Spartan Metals - Reviewing 2025 and a Look Ahead to 2026
Thenewswire· 2026-01-08 13:00
Vancouver, Canada, January 8, 2026 – TheNewswire - Spartan Metals Corp. (“Spartan” or the “Company”) (TSX-V: W | OTCQB: SPRMF | FSE: J03) is pleased to provide a summary of its key 2025 accomplishments and a review of its 2026 exploration strategy at its 100% owned Eagle Tungsten-Silver-Rubidium project (“Eagle”) in eastern Nevada. 2025 Highlights: Acquired the Eagle Tungsten-Silver-Rubidium Project from Ridgeline Minerals (July 31) and changed the company name to Spartan Metals Corp, Began trading on th ...
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].
International Lithium Corp. Reports Results of 2025 Annual General Meeting
TMX Newsfile· 2025-12-23 12:15
Core Viewpoint - International Lithium Corp. (ILC) successfully passed all resolutions at its annual general meeting, with over 99% of votes in favor, and elected five directors for the upcoming year [1] Company Overview - International Lithium Corp. is focused on critical minerals exploration, primarily lithium, rubidium, and copper, with projects in Ontario, Canada, and plans to expand into Southern Africa [2] - The company has various projects at different stages, including a Definitive Feasibility Study in Namibia and a Preliminary Economic Assessment at Raleigh Lake [2] Market Demand and Strategic Focus - There is a growing demand for electricity driven by AI, data centers, electric vehicles, and grid-scale electricity storage, leading to increased demand for lithium and copper [3] - The company aims to generate revenue from lithium and other battery metals while contributing to environmental sustainability [4] Project Development - ILC is optimizing existing projects and exploring new opportunities, particularly in Southern Africa, with applications for exploration permits in Zimbabwe [5] - The Raleigh Lake Project, covering 32,900 hectares, is ILC's most significant project in Canada, with a Preliminary Economic Assessment published in December 2023 [7] Financial Position - The company has maintained sufficient cash flow to support its exploration projects following the disposal of several projects in recent years [8] - ILC positions itself as a key player in the lithium market, aiming to build value for shareholders throughout the 2020s [9]
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 ...
Spartan Metals Provides Encouraging Drill Assay Results for Tungstonia Tailings at its Eagle Project, Nevada
Thenewswire· 2025-12-18 13:00
Core Insights - Spartan Metals Corp. announced positive assay results from the drilling program at the Tungstonia Tailings deposit, part of the Eagle Tungsten-Silver-Rubidium Project in eastern Nevada, indicating potential contributions to the US tungsten and rubidium supply chain [1][4][21] Summary by Sections Drilling Program - The drilling program consisted of 34 holes, approximately 6.4 centimeters in diameter, spaced about 12 meters apart, totaling around 67 meters and comprising 133 samples with an average depth of nearly 2 meters [1][3] Assay Results - The assay results showed tungsten grades averaging 0.13% WO3, silver grades of 10.6 g/t, and rubidium grades of 626 ppm, with consistent grades across all holes [5][8] - Notable highlights include specific intervals with tungsten grades reaching up to 0.42% WO3 and silver grades of 123 g/t [3][18] Economic Potential - The weighted average tungsten results are near the cutoff for currently operating mines, with the potential addition of silver and rubidium credits making the results encouraging [8] - The tailings have already been mined and processed, suggesting that the economic cutoff could be closer to the average of 0.13% WO3 obtained from the samples [8] Next Steps - The company plans to continue with Phase 1 of the work program, focusing on metallurgical analysis, tonnage calculations, 3D modeling, resource estimation, and economic evaluation to determine economic viability [9][10] - Two holes were drilled for geological and metallurgical testing to identify minerals hosting tungsten and rubidium and assess recoverability [10][11] Project Overview - The Eagle Project is one of the largest and highest-grade tungsten and rubidium districts in the US, covering approximately 36.5 km² and consisting of past-producing high-grade tungsten mines [21][22] - The project includes three deposit types: Porphyry, Skarn, and Carbonate Replacement, containing significant grades of tungsten, silver, and rubidium [23]
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 ...
Spartan Metals Terminates Investor Relations Agreement
Thenewswire· 2025-12-13 00:50
Group 1 - Spartan Metals Corp. has terminated its investor relations agreement with ValPal Management Consultancy effective immediately [1] - The company focuses on developing critical minerals projects in stable mining jurisdictions in the Western United States, emphasizing strategic defense minerals such as Tungsten, Rubidium, Antimony, Bismuth, and Arsenic [2] - Spartan's flagship project is the Eagle Project in eastern Nevada, which includes the highest-grade historic tungsten resource in the USA and significant under-defined resources of high-grade rubidium, antimony, bismuth, indium, as well as precious and base metals [3]
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].
Spartan Metals Identifies Two New Tungsten-Silver-Rubidium Targets at its Eagle Project, Nevada
Thenewswire· 2025-12-09 13:00
Core Insights - Spartan Metals Corp. has discovered two new tungsten-silver-rubidium exploration targets at the Tungstonia deposit, part of its 100% owned Eagle Project in eastern Nevada [1][2][3] Exploration Results - Soil sample results from a 2025 surface geology program have outlined a 2.0 km x 1.7 km surface anomaly and a 0.75 km x 2.1 km surface anomaly, confirming mapped veins and structures [2][4] - The soil sampling covered approximately 20 square kilometers with 2,100 samples taken on a 100m x 100m grid [4] - Notable grades in soil samples include tungsten up to 272 parts per million (ppm), silver up to 5.9 grams per tonne (g/t), and rubidium up to 537 ppm [4] Anomalies and Mineralization Potential - The Western Tungsten Anomaly aligns with the structural trend of the legacy Tungstonia mine, while the Southeastern Tungsten Anomaly coincides with intrusive contacts with carbonaceous sediments [3][4] - The strength of the anomalies suggests significant new exploration potential, potentially indicating a larger mineral system than previously recognized [3][8] Project Overview - The Eagle Project is located approximately 120 kilometers northeast of Ely, Nevada, covering 36.5 km² and consisting of 445 Bureau of Land Management (BLM) unpatented lode mining claims [17][21] - The project includes past-producing high-grade tungsten and rubidium mines, with historical tungsten production totaling 8,379 units at grades between 0.6%-0.9% WO3 [16][21] Future Plans - The results from the soil sampling will aid in generating drill targets for a planned spring 2026 drill program [2][3] - Additional soil sampling is planned to extend to the boundary of the newly staked Tungstonia claims [4]