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Green Bridge Metals Can Help Secure U.S. Production of Critical Mineral Titanium
Accessnewswire· 2026-02-07 00:00
VANCOUVER, BC / ACCESS Newswire / February 6, 2026 / Green Bridge Metals Corporation (CSE:GRBM)(OTCQB:GBMCF)(FWB:J48, WKN:A3EW4S) ("Green Bridge" or the "Company") is pleased to announce it is developing exploration and metallurgical programs to further understand the critical mineral potential of the South Contact District properties associated with Minnesota's Duluth Complex. These properties contain potential critical mineral resources including titanium, copper, nickel, cobalt, platinum group elements, ...
Key Mining Corp. and Compass Digital Acquisition Corp. Announce Filing of Registration Statement on Form S-4 with the SEC
Globenewswire· 2026-02-06 22:30
MIAMI, FL. & ZEPHYR COVE, NV., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Key Mining Corp., an exploration stage critical minerals and infrastructure company (“KMC”), and Compass Digital Acquisition Corp. (OTC: CDAQF), a special purpose acquisition company (“CDAQ”), announced today that Titan Holdings Corp., a newly formed Delaware corporation that is wholly-owned by CDAQ for the Business Combination (as defined below) (“Pubco”) filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. ...
Saga Metals Acknowledges U.S. Strategic Critical Minerals Reserve “Project Vault” and Highlights Titanium’s Strategic Importance to North American Defense Supply Chains
Globenewswire· 2026-02-06 12:30
Core Insights - SAGA Metals Corp. is strategically positioned to benefit from the U.S. government's "Project Vault," which aims to enhance domestic supply chains for critical minerals, particularly titanium, in alignment with national security priorities [1][3][4] Group 1: Project Vault and U.S. Strategic Initiatives - Project Vault establishes the U.S. Strategic Critical Minerals Reserve as a public-private partnership to store essential raw materials across U.S. facilities [2] - The Export-Import Bank of the United States (EXIM) has approved a Direct Loan of up to USD 10 billion to support Project Vault, aimed at strengthening U.S. production and processing capacity [3] - The initiative is part of a broader strategy by the Trump administration to counter China's dominance in critical minerals, particularly in refining [4] Group 2: Titanium's Strategic Importance - Titanium is recognized as a critical mineral for defense and aerospace applications due to its strength-to-weight ratio and corrosion resistance [11] - Over 90% of mined titanium is processed into pigment, highlighting a significant supply chain gap for aerospace-grade titanium [12] - The defense sector consumes a substantial portion of titanium, with some aircraft, like the F-15, comprising up to 40% titanium by weight [13] Group 3: SAGA Metals' Project Focus - SAGA's flagship Radar Ti-V-Fe Project in Labrador has achieved a 100% drilling success rate in 2025, with exceptional grades of titanium, vanadium, and iron [13] - The project is strategically located near existing infrastructure, enhancing its potential for supporting secure supply chains for defense and aerospace [14] - The evolving policy environment emphasizes the importance of North American critical minerals projects, reinforcing SAGA's focus on supply-chain security and advanced manufacturing [14] Group 4: Implications of Project Vault - SAGA Metals identifies key implications from Project Vault, including the rising strategic value of titanium and other critical metals in defense readiness and aerospace manufacturing [17] - There is potential for increased investment in North American exploration and processing capacity as governments prioritize secure supply [17] - Enhanced public-private cooperation is expected to create resilient supply chains and mitigate market disruption risks [17]
Saga Metals Acknowledges U.S. Strategic Critical Minerals Reserve “Project Vault” and Highlights Titanium's Strategic Importance to North American Defense Supply Chains
Globenewswire· 2026-02-06 12:30
Core Insights - The announcement of "Project Vault" by the U.S. government aims to establish a strategic stockpile of critical minerals to enhance domestic supply chains and national security [1][2][4] - The initiative includes a Direct Loan of up to USD 10 billion from the Export-Import Bank of the United States to support partnerships in critical mineral production [3] - The focus on critical minerals, particularly titanium, is crucial for defense and aerospace applications, highlighting the need for secure supply chains [7][9] Company Overview - SAGA Metals Corp. is focused on the exploration of critical minerals, particularly titanium, which is essential for defense and aerospace sectors [1][11] - The company's flagship Radar Ti-V-Fe Project in Labrador has shown a 100% drilling success rate in 2025, with high grades of titanium, vanadium, and iron [10] - SAGA's strategic positioning in the critical minerals sector aligns with the U.S. government's initiatives to strengthen supply chains and reduce reliance on foreign sources [11][21] Industry Context - The U.S. is taking steps to counter China's dominance in critical minerals, particularly in refining processes, through initiatives like Project Vault [4][5] - The emphasis on allied coordination and preferential trade frameworks aims to stabilize critical mineral supply chains and mitigate risks associated with price fluctuations and supply disruptions [5][6][17] - Critical minerals are foundational for modern technology, with applications ranging from mobile devices to electric vehicle batteries and defense systems [12]
European Lithium sells CRML shares for ~A$45m boost, adds to robust cash position
Yahoo Finance· 2026-02-05 01:48
European Lithium sells CRML shares for ~A$45m boost, adds to robust cash position Proactive uses images sourced from Shutterstock European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has added another A$45 million to its cash reserves following the sale of a further parcel of shares in Critical Metals Corp. (NASDAQ:CRML), underpinning a significantly strengthened cash position. The company advised the ASX that it has sold 2.5 million ordinary CRML shares, with the transaction expected to lift its cash reserves to ...
SAGA Metals Achieves 100% Drilling Success in 2025—Reports Final Assays from Trapper South at Radar Critical Minerals Project in Labrador
Globenewswire· 2026-02-04 12:30
--Exceptional grades of Titanium, Vanadium and Iron in all 15 drill holes completed in 2025, bookending a 16+ km oxide strike length--VANCOUVER, British Columbia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- SAGA Metals Corp. ("SAGA" or the "Company") (TSXV: SAGA) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discoveries, is pleased to announce the assay results for the four (4) remaining diamond drill holes completed in Q4 2025 at the Trapper Zone’s southern section known ...
FireFly to unlock value from Pickle Crow Gold Project by sale for up to A$86.1M
Globenewswire· 2026-02-01 23:07
Core Viewpoint - FireFly Metals Ltd has entered into a binding share sale and purchase agreement with Bellavista Resources Ltd to sell its Ontario Gold Assets, which include a 70% interest in the Pickle Crow Project and 100% of the Sioux Lookout Project, for a total consideration valued at up to A$86.1 million, providing ongoing exposure to the assets for FireFly shareholders while allowing FireFly to focus on its Green Bay Copper-Gold Project [6][9]. Transaction Details - The total consideration includes upfront payment of 60 million Bellavista shares valued at A$47.4 million and contingent consideration of 50 million performance rights valued at A$38.7 million, based on Bellavista's closing share price of A$0.79 on January 30, 2026 [1][2][6]. - FireFly shareholders are expected to receive approximately 1 Bellavista share for every 12.8 FireFly shares held, subject to shareholder approval [6][20]. Strategic Rationale - The transaction is seen as a strategic move that allows FireFly shareholders to retain exposure to the Ontario Gold Assets through their shareholding in Bellavista while enabling FireFly to concentrate on the development of the Green Bay Copper-Gold Project [9][10]. - Bellavista is expected to leverage its dedicated exploration focus to create significant value from the acquired assets, which could lead to substantial growth for its shareholders, many of whom are also FireFly shareholders [5][10]. Management and Leadership - Bellavista is led by experienced executives Glenn Jardine and Peter Canterbury, who previously led De Grey Mining Ltd, indicating a strong management team capable of optimizing the value of the Ontario Gold Assets [10][33]. Milestones and Performance Rights - The contingent performance rights are structured in three tranches, with the first milestone expected to vest within 12 months of completion, potentially increasing FireFly's interest in Bellavista to no less than 9.9% [12][20]. - The milestones include drilling activities and resource estimates that, if achieved, will further enhance the value of the transaction for FireFly shareholders [12][13]. Financial Implications - The transaction is expected to provide FireFly with a simplified portfolio, reduced capital requirements, and minimized management distraction, while also allowing it to capitalize on the current strong gold price [11][9]. - Bellavista plans to raise approximately A$25 million to drive resource growth and a major exploration program at the Ontario Gold Assets [6][10].
Empire Metals Limited Announces Pitfield Project Development Update
Accessnewswire· 2026-01-27 07:00
Core Viewpoint - Empire Metals Limited is advancing its Pitfield titanium Project in Western Australia, with key development milestones nearing completion, positioning the company to begin metallurgical piloting test work [1] Group 1: Company Updates - Empire Metals Limited is an AIM-quoted and OTCQX-traded exploration and development company [1] - The company is focused on the Pitfield titanium Project, which is located in Western Australia [1] - The company is well positioned to commence metallurgical piloting test work as it approaches the completion of several key development milestones [1]
Atlas Critical Minerals Announces High Metallurgical Recoveries from Rare Earths Project
TMX Newsfile· 2026-01-26 12:30
Core Viewpoint - Atlas Critical Minerals Corporation has announced high metallurgical recoveries from initial testwork on its Alto do Paranaíba Project, indicating strong potential for commercial processing of rare earth elements and titanium [1][4]. Metallurgical Extraction Results - A 50 kg composite sample was processed, achieving significant extraction rates for rare earth elements: 57.7% for Total Rare Earths Elements (TREY) in Leach 1 and 93.8% in Leach 2, with 97.0% for Magnetic Rare Earths Elements (MREE) [2][3]. - The results from Leach 2 demonstrated near-complete extraction of MREE and strong recoveries across all rare earth groupings [3]. Initial Drilling Campaign Results - An initial auger drilling program included 13 holes totaling 144 meters, with 178 samples analyzed, revealing high-grade mineralization [4]. - Highlights from drilling include significant concentrations of rare earths and titanium, with samples showing up to 7,729 ppm Total Rare Earths Oxides (TREO) and 2,680 ppm Magnetic Rare Earths Oxides (MREO) [7][12]. Surface Sampling Highlights - Surface sampling results indicated consistently high grades of rare earths across the project area, supporting the project's economic potential [8]. Company Overview - Atlas Critical Minerals Corporation focuses on critical minerals, including rare earths, graphite, and uranium, aiming to build a diversified global supply chain for strategic minerals essential for various technological applications [8].
North Atlantic Titanium Completes Payment Under Option Agreement for the Everett Titanium Project in Quebec, and Announces Grant of Incentive Stock Options
Thenewswire· 2026-01-26 12:00
Company Overview - North Atlantic Titanium Corp. is a Canadian publicly traded exploration company focused on advancing the Everett titanium deposit in Quebec [4] - The company holds a 100% interest in the Sleeping Giant South project, located in the Abitibi greenstone belt, approximately 75 kilometers south of Matagami, Quebec [4] - North Atlantic Titanium is assessing two option agreements to acquire up to 80% of the silver, zinc, lead XWG and LMM properties, and an exploration agreement at the WLG mine, all located in Henan province, China [4] Recent Developments - The company has made the first option agreement payment of $200,000 in cash and is issuing 1,000,000 shares to Romaine River Titanium Inc. for the Everett titanium property [1] - North Atlantic Titanium has the option to earn up to a 75% undivided interest in the Everett Project, located 40 kilometers from Havre-Saint-Pierre and 3 kilometers from Rio Tinto's Lac Tio titanium mine [1] - The CEO announced that with the first option payment completed, the company is positioned to commence exploration activities at the Everett Project, including exploration and metallurgical testing in preparation for diamond drilling [2] Stock Options - The company has granted an aggregate of 2,000,000 stock options to directors, consultants, and employees, each exercisable into one common share at a price of $0.15 per share for a period of 3 years [2]