Hillcrest Merchant Partners’ Post

Significant Investment in Critical Minerals Infrastructure: A Positive Step for the Yukon’s Future The Canadian government’s recent announcement of up to $60 million in funding for critical minerals infrastructure in the Yukon and Northern BC marks a game-changer for the region. This funding will help unlock the development of key minerals necessary for the low-carbon economy, with a focus on enhancing road access and grid connectivity. For Onyx Gold, this investment comes at an exciting time, as it could accelerate development across the Yukon. Our assets, located in the highly prospective Selwyn Basin, stand to benefit from improved infrastructure and access to clean energy, aligning with our mission to develop sustainable gold projects in one of the world’s premier mining jurisdictions. As the federal government strengthens its commitment to critical mineral development, Onyx Gold is poised to capitalize on this momentum in our drive to deliver value through exploration and discovery in the Yukon. Read the full announcement here: https://lnkd.in/ggv6HBY4 #CriticalMinerals #Yukon #MiningIndustry #InfrastructureDevelopment #SustainableMining #CleanEnergy #OnyxGold #Exploration #GoldExploration

European Lithium Limited (ASX:EUR, OTCQB:EULIF) welcomes news that its US-listed entity Critical Metals Corp. (Nasdaq:CRML) has picked up an initial 5.55% equity interest in the Tanbreez Greenland Rare Earth Mine from Rimbal Pty Ltd. The transaction is part of a broader plan to acquire a 92.5% controlling interest in the rare earth play and is another milestone in the company’s strategic acquisition process. Following a cash payment of US$5 million to Rimbal Pty Ltd, which is controlled by geologist Gregory Barnes, Critical Metals Corp now holds the equity interest in the Tanbreez Project. Meanwhile, European Lithium will retain its 7.5% ownership in the Tanbreez Project. CEO and chair Tony Sage said: “The completion of this investment is a key step for our plans to acquire Tanbreez, a foundational rare earth asset for the West. More at #Proactive #ProactiveInvestors #ASX #EUR #REE #RareEarths #CriticalMinerals http://ow.ly/sxW0105xlWQ

Litchfield Minerals Limited The insights reveal promising developments for Litchfield Minerals as they capitalize on emerging opportunities in critical mineral exploration. Read More https://lnkd.in/gkcj8NXA #LitchfieldMinerals, #VTEMSurvey, #explorationStrategy, #criticalMinerals, #MtDoreenProject

#ASXNews Trinex Minerals Limited is pleased to announce that its wholly-owned Canadian subsidiary, Trinex Lithium Ltd (Trinex Canada), has executed a binding Letter of Intent (LOI) with TSX-V listed ALX Resources Corp. (TSX-V: AL) (ALX) in relation to the acquisition by Trinex Canada of up to a 75% interest in the Gibbons Creek Uranium Project in Northern Saskatchewan by way of an option and earn-in arrangement (Gibbons Creek Earn-In). • Option to acquire an initial 51% interest in the highly prospective Gibbons Creek #Uranium Project in the Athabasca Basin, Northern Saskatchewan, Canada, with the potential to increase to a 75% interest. • Project fully permitted for exploration drilling with three high priority target areas identified for immediate follow-up work and #drilling. • Exclusivity for 90-day period to negotiate and finalise definitive agreements for an option/earn-in agreement. • Firm commitments received from sophisticated and institutional investors for a placement to raise A$1.25 million (before costs), giving the Company a cash balance of over A$4 million at settlement. • Funds raised will be used towards exploration at Gibbons Creek Uranium Project. #TX3 Managing Director, Will D. said: “The Athabasca Basin is an outstanding jurisdiction for uranium deposits and Trinex is delighted to gain exposure in this world class region. “This earn-in represents a unique opportunity to gain further exposure to #energy minerals in Canada, to complement our existing portfolio of prospective #lithium projects in the Northwest Territories. With the on-ground assistance of our major shareholder, Dahrouge Geological Consulting, we are excited to bring local exploration expertise to unlock the value of this new asset.” Full announcement: https://bit.ly/3TfcB4b #TrinexMinerals #Exploration #ASX

Cordoba Minerals Corp. (TSX-V:CDB, OTCQB:CDBMF) announced an amendment to its joint venture agreement with Bell Copper Corporation, streamlining the earn-in process on the Perseverance copper project in Arizona. Under the newly revised agreement, #CordobaMinerals has adjusted its earn-in phase, committing to spend C$14.2 million by April 24, 2026, to secure an 80% interest in Perseverance. The modification consolidates the Phase 3 and Phase 4 earn-in spending requirements from the original agreement, along with additional expenditures of C$1.2 for amending the terms. The timeline for Cordoba to achieve the 80% project interest remains unchanged, with the company now poised to secure the interest directly by April 24, 2026, eliminating the two-tiered earn-in phases outlined in the initial joint venture agreement. More at #Proactive #ProactiveInvestors http://ow.ly/xU8P105mnIL #TSXV #OTCQB #CDB #CDBMF

Aura Minerals Inc connected with Newsweek Investment Reports Cesar Augusto Chavez Penagos earlier in the summer to talk about #GoldExploration and the company's priorities in the coming years. Read more about it here. #Gold #MiningNews #CEOInterviews

𝗪𝗵𝗮𝘁 𝗱𝗼 𝘄𝗲 𝘀𝗲𝗲𝗸 𝘁𝗼 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗴𝗮𝘁𝗲? To modernise the SA mining industry, research, development, and innovation (RD&I) are crucial. As the sector strives to enhance health and safety, productivity, and accessibility while fostering inclusivity and sustainability, understanding current RD&I trends is essential. The groundbreaking investment RD&I survey is designed to capture valuable insights into these trends. The survey will focus in on the RD&I investment into modernisation in mining from 2021 to 2023, with outcomes aimed at informing improvements in SA mining. Key areas in the survey include RD&I and modernisation activities; human capabilities ; technological capabilities; RD&I Infrastructure; collaboration and information sources; finance; and barriers to RD&I. The RD&I survey is an initiative of HSRC (Human Sciences Research Council) in partnership with Minerals Council South Africa, and supported by RIIS. #MiningMatters #SouthAfricanMining #ResearchAndInnovation #IndustryInsights #CollaborativeSurvey #FutureOfMining #InnovationInIndustry #MiningIndustry #MineralsSector #RD&I #InvestmentAnalysis #SouthAfricanEconomy #IndustryDevelopment #CollaborativeResearch #MiningInnovation #DataAnalysis #BusinessInsights #IndustryCollaboration #ResearchInitiative

Coverage stock Dynamic Metals Limited (ASX: DYM) has provided an important update with respect to corporate interest related to its Widgiemooltha Project in Western Australia’s Goldfields region, specifically linked to an examination of its lithium potential via a $20 million joint venture and farm-in agreement with Chris Ellison’s Mineral Resources Limited (ASX: MIN). DYM’s share price closed up 28% (+$0.045) to $0.205 in Tuesday’s trade. Widgiemooltha represents a regionally significant tenement package that encompasses an extensive area of ~880 sq km that extends between Norseman and Kambalda. Importantly though, the project is yet to be fully assessed for its lithium potential. Regionally, the Mt Marion, Bald Hill and Buldania projects all lie within 25km of DYM’s tenure, whilst directly adjacent is Develop Global’s (ASX: DVP) Dome North lithium project, and the Sinclair LCT mine. The deal with MIN will turbocharge exploration activity at Widgiemooltha from a lithium perspective. MIN is a leader in the lithium sector in Australia, with the technical expertise and financial capabilities to do the project justice. Importantly too, the nearby location of the Bald Hill mine, operated by MIN, potentially offers a pathway to production for any discoveries. #lithium #spodumene #commodities #resources #exploration #equities #ausbiz

Exciting News from the Northern Territory!    The Northern Territory (NT) in Australia is witnessing a remarkable surge in mineral exploration investment, soaring by 14% in 2023! This surge represents the highest level of investment seen in over a decade, as reported by the NT Government.    What's driving this unprecedented growth? It's the soaring global demand for critical minerals, particularly lithium and rare earth elements, crucial components powering clean energy technologies.    Backing this trend is the Federal Government, injecting a substantial A$840M investment to establish Australia's inaugural integrated rare earths mine and refinery right here in the NT. This move is expected to generate over 300 new jobs, further enhancing the existing 4,400 jobs supported by the mining sector in the territory.    AMETS, the mining tenement acquisition and management specialist, has played a pivotal role in facilitating this growth. They streamline the process for companies seeking exploration and mining tenement licenses in the NT (and beyond), offering expert guidance in navigating regulations and securing tenements.    Explore the abundant opportunities in the Northern Territory and reach out to AMETS at info@AMETS.com.au to discuss a mining strategy!    #NorthernTerritory #MiningBoom #Miningnews #CleanEnergy #NTGovernment 

According to S&P Global Market Intelligence, the share of exploration budgets allocated to grassroots exploration is currently at an all-time low. Given that almost 95% of copper development projects are exposed to multiple risks, it's time to focus on finding better deposits and spend less time recycling lost causes. Check out the full report for more details: https://lnkd.in/gTneRTF6 #miningindustry #exploration #copper #riskmanagement