The Trump administration has moved forward with a proposed land swap for the Resolution Copper project in Arizona. The U.S. Forest Service said it has issued a legally required 60-day notice of the agency’s intent to republish an environmental report needed for the swap to occur. “We are encouraged to hear the U.S. Forest Service intends to republish the Final…
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Ivanhoe Electric receives financing for Santa Cruz project
Ivanhoe Electric received a Letter of Interest from the Export-Import Bank of the United States (EXIM Bank) outlining the potential to provide up to $825 million in debt financing for the development of the Santa Cruz copper project in Arizona. The project aligns with the EXIM Bank’s Make More in America initiative, which is intended to increase the United States’…
Read MoreTargeting begins at Woods Creek
Integral Metals has commenced Phase I exploration at its Woods Creek project in Montana. The program will be carried out in partnership with Big Rock Exploration, and focus on the analysis of existing sample material and the compilation of historical geochemical, geophysical and structural data. Woods Creek is considered prospective for REEs and gallium based on neighboring projects and regional…
Read MoreLithium Americas announces FID for Thacker Pass Phase 1
Lithium Americas and its joint venture partners on the Thacker Pass project in Humboldt County, Nev., have confirmed the final investment decision for the first phase of the project as it receives a previously announced $250 million investment from fund entities managed by Orion Resource Partners. Company officials said that, as part of that closing, Orion purchased senior unsecured convertible…
Read MoreEminent Gold closes on Celts deal
Eminent Gold has completed its acquisition of the Celts mineral property in Nevada for an aggregate purchase price of $400,000 from Orogen Royalties, a subsidiary of Renaissance Exploration. Eminent now holds a 100% interest in the site indirectly through its subsidiary Hot Springs Resources. Pursuant to the purchase agreement, Orogen maintains a 3% net smelter returns royalty. “The acquisition of…
Read MoreNevada Canyon completes Nevada exploration programs
Nevada Canyon Gold has completed the initial Phase I exploration programs at two of its accelerator properties in Nevada – Agai-Pah, within the Walker Lane shear zone in Mineral County, and the Swales property in the Swales Mountain Mining District in Elko County. Phase I of the Agi-Pah exploration program consisted of reconnaissance prospecting, geological mapping, surface sampling of old…
Read MoreIntegral Metals acquires Woods Creek project
Integral Metals has acquired the Woods Creek project, located within the Idaho Rare Earth Elements-Thorium (REE-Th) Belt in southwestern Montana. The strategic addition includes 25 lode claims covering 516 acres and is positioned to capitalize on the increasing demand for rare earth elements critical to modern technologies. “The acquisition of the Woods Creek project aligns with our commitment to advancing…
Read MoreLiberty Gold to spin-out Goldstrike project
After the recent discovery of a third zone of high-grade antimony mineralization at Antimony Ridge, Liberty Gold said it intends to “spin-out” the Goldstrike project with the Antimony Ridge discovery into a separate entity. “Antimony Ridge is an exciting, emerging story that is demanding more attention with every high-grade assay coming out of the lab. We believe that separating Liberty…
Read MoreGlobal Uranium advances exploration of Wyoming assets
Global Uranium has signed a Letter of Engagement with Big Rock Exploration to commence Phase II exploration activities at its Wyoming Group of Projects. This marks the next step in refining exploration targets across the Airline, Jeep, WAC, Big Bend, and Jabs properties. “We are excited to continue advancing our Wyoming uranium assets with the support of Big Rock Exploration,”…
Read MoreThacker Pass project gets financial boost
Lithium Americas has scored a strategic investment of $250 million from global investment firm Orion Resource Partners for the development and construction of Phase 1 of the Thacker Pass lithium project in Humboldt County, Nev. “Orion’s long-term investing horizon and experience with resource development makes them an excellent partner for Lithium Americas and Thacker Pass and contributes to our strong…
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