Colitco (ABN : 83 679 013 403)’s Post

The deadline for the 25 critical mineral blocks listed in the second and third rounds has been postponed from June 11 and June 28 to July 18. This decision follows the government’s move in March to scrap the auction process for 13 out of 20 blocks offered in the first round due to limited interest from potential investors. Additionally, the deadline for selecting the remaining seven mineral blocks of the first round was extended to July 8 from April 1. 👉 https://mybs.in/2dVvZdk #IndiaMining #CriticalMinerals #MineralAuction #MiningDelays #SelfSufficiency #InvestmentChallenges #MineralResources #MiningIndustry #GovtPolicy #EconomicDevelopment

We were honored to present Stria Lithium during Benchmark Week 2023 conference in LA, California. Stria's CEO, Dean Hanisch presented our corporate presentation that outlines our projects, joint Venture with Cygnus Metals and government funding programs for critical minerals in North America. Benchmark has emerged as the industry standard for lithium and critical mineral prices. #criticalminerals #greenenergy #miningnews #lithium #benchmark #benchmark2023 #news

North Bay Resources Strikes Joint Venture Deal for Fran Gold Project OTC:NBRI Watch the full interview via the link https://lnkd.in/e2U9nCb2 North Bay Resources CEO Jared Lazerson joined Steve Darling from Proactive to unveil the company's latest milestone: a 50/50 joint venture earn-in agreement with MGX Minerals concerning the Fran Gold Project in British Columbia. Positioned just 20 miles from Centerra Gold’s Mt. Milligan Copper, Gold Mine, the Fran Gold Project holds strategic significance in proximity to established mining operations. Lazerson elaborated on the project's progress, highlighting the extensive exploration efforts conducted thus far. Over 50,000 feet of diamond drilling has been completed across 104 holes, primarily focused on the Bullion Alley Zone. Through these endeavors, a significant gold deposit has been delineated, spanning 3,700 feet in length, with widths of up to 120 feet, and depths exceeding 700 feet. Under the terms of the joint venture agreement, North Bay Resources stands to earn a 30% interest upon completing a NI 43-101 Compliant Mineral Resource Estimate and successfully mining and milling 2,500 ounces of gold within 12 months. Subsequently, an additional 20% interest will be earned for the extraction of another 2,500 ounces of gold within 24 months. Moreover, if North Bay Resources invests over $2,500,000 in direct expenditures on the project, it will secure a 50% interest. The timelines for these milestones will commence upon the completion of necessary engineering assessments and the issuance of required permits, with North Bay serving as the project operator. The joint venture agreement marks a significant step forward for North Bay Resources. #NBRI #northbayresources # gold #goldmine #preciousmetals #mining #goldprice #silver #copper #miningnevada #copperexploration #bcmining #geology #metallurgy #inflation #criticalminerals

Asra Minerals Ltd (ASX:ASR) CEO Rob Longley sits down with Proactive’s Jonathan Jackson to shed light on the company's strategic direction, recent acquisitions and the potential of its exploration portfolio. Asra has recently acquired two new tenements in the Lake Johnston area, in the southern WA Goldfield's lithium-bearing pegmatite district, a region known for its potential in #lithium and other minerals. Longley elaborates on what attracted him to these tenements as well as their strategic fit within the company's existing 410 square kilometres portfolio. The agreement for these tenements encompasses lithium, rare earth elements, #gold and various other commodities. Longley also discusses the broader potential of the region, emphasising its significance in the context of global demand for #CriticalMinerals such as lithium and rare earths. Watch at #Proactive #ProactiveInvestors #ASX #ASR #RareEarthElements #LithiumMining #BatteryMetals https://lnkd.in/ePeGxp8i

Lightning Minerals Ltd (ASX:L1M) has signed a binding agreement to acquire Bengal Mining Pty Ltd, which holds options over two promising #lithium projects, Caraíbas and Sidrônio, in Brazil's renowned Lithium Valley in the Minas Gerais region. This acquisition, seen as transformative by Lightning Minerals, places the company near significant lithium deposits such as Latin Resources' Colina project and Sigma Lithium’s Grota do Cirilo project. The projects show early positive indications for #CriticalMinerals with identified pegmatites and encouraging rock chip assays for lithium and other elements like #tantalum, #rubidium and #caesium. Watch at #Proactive #ProactiveInvestors #ASX #L1M #BatteryMetals Jonathan Jackson https://lnkd.in/ei9hkpQg

via MiningNews.net Dynamic Metals Limited shares exploded at the start of trade today with the Chris Ellison-led Mineral Resources striking a A$20 million #lithium-focused joint venture with the Widgiemooltha-focused junior. It is the most significant event for the Karen Wellman-led Dynamic since it was spin-out of Jindalee Lithium a year ago to explore for #nickel and #gold. The binding agreement allows MinRes to purchase 40% of the lithium rights over the large Widgiemooltha project for $5 million cash, including $1 million of deferred payments. Learn more: https://loom.ly/8ih5rJE #DYM #DynamicMetals #ASX

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Check out Battery Commodity’s interview with Golden Cariboo Resources Ltd CEO Frank Callaghan where they discuss our most recent private placement and plans for 2024. Newsfile Corp. BNN Bloomberg Yahoo Finance Bloomberg News CNBC Canadian Securities Exchange (CSE) The Junior Market Review YouTube https://lnkd.in/gdkzHK7w #goldmining #goldinvestment #privateplacement #bcmining #gold #capitalmarkets #youtube