Articles for tag: Creek, critical, discovery, gallium, Materials, Montana, Sheep

March 21, 2024

Ron Finklestien

mining

Investors Recalibrate Compass as US Critical Materials Strikes Gallium Gold in Montana

Exploring New Horizons in Critical Materials In a move that sent ripples across the semiconductor industry, the Pentagon recently revealed plans to award a groundbreaking contract to US and Canadian firms to extract gallium. This pivotal decision came after China tightened its grip on gallium exports in the preceding year. However, amid this climate of uncertainty, hope shines through the gloom as US Critical Materials spearheads an inspiring project. Forging a Path Towards Sustainability With an astute awareness of the urgent need for environmentally responsible practices in the mining sector, US Critical Materials embarked on an innovative journey. Partnering with

February 29, 2024

Ron Finklestien

mining

Exploring the Depths: American Rare Earths Funds Halleck Creek Venture with $8.7 Million Infusion

Updated Mineral Resource Estimate American Rare Earths recently unveiled the latest mineral resource estimate for its Halleck Creek project in Wyoming. The figures showcase a substantial 64% increase in the in-situ tonnage, compared to the previous assessment conducted last autumn. Impressive Increase in TREO The updated resource estimate reveals a total of 2.34 billion tonnes of material, with a grading of 3,196 parts per million (ppm) total rare earth oxides (TREO), including neodymium (Nd) and praseodymium (Pr) oxides. This translates to 7.48 million tonnes of contained TREO, marking a significant upsurge. Among the estimated amount, 1.42 billion tonnes fall under

February 29, 2024

Ron Finklestien

mining

The Schaft Creek Joint Venture: Gaining Ground Towards Pre-Feasibility

Broadening Horizons and Immersing in Potentials The Schaft Creek joint venture in British Columbia is shaking up the financial world as it advances to the pre-feasibility stage. With planned expenditures of C$18.7 million this year, the venture is set for a transformative journey, fully funded by Teck. Metallurgical tests are poised to conclude, and drilling will delve into the high wall, tailings storage facility, and the rock storage facility. Strategic Moves and Charting New Territories Engineering studies of these critical sites, along with proposed infrastructure, are on the agenda. Updates to the environmental baseline data collection, initiated last year and