Joan Young’s Post

Taranis was again mentioned in a Northern Miner article in a sobering overview of the B.C. Exploration sector. "Exploration spending in British Columbia is down by more than 45% since 2022, the biggest drop of any jurisdiction in Canada, PearTree Financial managing director Kendra Johnston said at the Energy Transition Metals Summit in Washington, D.C. in April". The Government's take on the same issue? During Premier Eby’s announcement at the Association of Mineral Explorers annual conference [January 2024], he shared exploration expenditures and mine production numbers for 2023, "reaffirming another strong year for B.C.’s mining and mineral exploration sector. Last year [2023], mineral-exploration expenditure in the province was $643.5 million, 94.1% higher than in 2018". 😧 Quit the political spin - This is proof, Premier Eby's government lives in the past (in fact 2018)....It's time to face the fact that the NDP Government has devastated the exploration/mining business in British Columbia. https://lnkd.in/dzrUgPna

Fraser institut mining exploration favorability: "The top jurisdiction in the world for investment based on the investment attractiveness index, which takes into account the impact of both policy factors and mineral endowment, is Utah, followed by Nevada (2nd), Saskatchewan (3rd), Western Australia (4th), Quebec (5th), Manitoba (6th), Arizona (7th), Northern Territory (8th), Newfoundland & Labrador (9th) and Ontario (10th)." BC is ranked 25 th. #invest#utah#nevada#mining#investment https://lnkd.in/dwXywHkU

An article shared last week outlines how Canada aims to reduce the development timeline for critical mineral mines from 12-15 years to approximately 5 years. This effort, focusing in part on minerals essential for manufacturing electric vehicles, highlights the government's commitment to electrifying the transportation sector, making Canada an attractive industry partner on the global stage. This effort includes substantial investments in infrastructure and incentives for mining and mineral processing projects, enhancing Canada's ability to offer energy resources at affordable prices and strengthening its position in the lithium and broader critical mineral markets. Read the full article here: https://lnkd.in/det226_q #CriticalMinerals #LithiumMarket #SustainableEnergy

This quote from the assistant deputy minister with Natural Resources Canada says it all: "“If you look at Canada, we have three electric vehicle battery factories. We need about 15 new mines coming into production by 2035 to meet supply and demand for those three factories,” he said. “Since 2005, we’ve only been able to open four critical mineral mines. So we have to do this five times faster than we did before. That’s $25 billion that’s needed to achieve those goals.” Need we say more?? #CriticalMinerals #Mining

After almost 50 years, we still want to freely give away our resources under the existing FLAWED Resource Laws with our usual excuses! Please learn a thing or two from Ok Tedi in order to have total control of our own resources from exploration to production. We have sufficient national technical experts, potential domestic investors, etc... yet we never learned! This inherent mindset has been a GIGO over the years so GoPNG needs to review the existing Mining Act and Agreements in order to ensure maximum net benefits remain onshore! #mineralexploration #investmentopportunity #explorationandproduction

White Cliff Minerals Limited (WCN) has made a major breakthrough at its Rae Copper Project in Nunavut, Canada, with rock chip assays returning exceptional high-grade copper results, including an outstanding 64.02% Cu and 223g/t Ag. This discovery positions Rae as a potentially world-class copper project, critical in the global energy transition. Key Highlights: ⭐ Highest assay returned 64.02% Cu and 223g/t Ag ⭐ Vision District results suggest large-scale mineralisation ⭐ Strong potential for bulk-tonnage and high-grade concentrate opportunities Managing Director Troy Whittaker remarked, “The Rae Copper Project is extraordinary in scope and scale. Having undertaken an extensive internet search, it is my belief that these results are the highest ever recorded copper assays from a representative rock chip sample anywhere in the world and in fact are approaching the stoichiometric maximum copper can reach in an ore forming mineral." This discovery sets the stage for further exploration, positioning White Cliff Minerals at the forefront of copper supply for the green energy revolution. Roderick McIllree Dan Smith Eric Sondergaard Nicholas Ong #WCN #Copper #Mining #EnergyTransition #Exploration #ASX

Anson Resources Ltd (ASX:ASN, OTCQB:ANSNF) has new terrain to explore at its Green River Lithium Project in the Paradox Basin in Utah, USA. Through its wholly owned subsidiary Blackstone Minerals NV LLC, the company has secured 21 additional strategic blocks to add to the project, spanning 6,685 acres, or 27.05 square kilometres, of lithium-prospective terrain. The new blocks were granted under a single other business agreement (OBA) by the Utah School and Institutional Trust Land Administration (SITLA). The new tenure adjoins Anson’s existing claims and privately owned land, increasing the company's area of influence (AOI) around the recently drilled Bosydaba #1 well, known for its lithium-rich brine intersections. The blocks are within an 8-kilometre radius of the well, enhancing the exploration potential for future JORC-compliant resource estimations. More at #Proactive #ProactiveInvestors #ASX #ASN #Lithium #MIning #CriticalMinerals #AnsonResources http://ow.ly/KCYJ105JxNO

UK equity research house Edison Group initiated coverage of Cobra today. Analyst Andrew Keen writes: “Cobra has several upcoming catalysts that could provide positive newsflow. It has already de-risked its discovery by identifying ionic REE mineralisation with good metallurgical recovery rates to date. It is continuing to prove up ISR as a recovery method and initial indications for scale are positive. Cobra’s market valuation is well below the peers mentioned above and, if it successfully achieves its goals this year (notably defining high recoveries in column leach tests, a maiden resource based on ionic mineralisation and a processing pathway with low reagent usage), this could lead to share price appreciation.” Full note available below. #mining #rareearths #gold #uranium #Australia #SouthAustralia #COBR

Highlight 🔦 3/3 "We're about to deploy $30 million in exploration into the ground in calendar year 2024. And with the backdrop of this uranium cycle...there's probably never been a better time to be able to do that." → from the Canaccord Genuity - Global Capital Markets Global Metals & Mining Conference with Troy Boisjoli of Atha Energy Corp. and Katie Lachapelle, CPA moderating the Uranium panel ↓ [Katie Lachapelle, CPA] Do you think the government's doing enough to support as early as exploration stage projects within Canada? Maybe for Troy? [Troy Boisjoli / CEO] In terms of investment attractiveness in Canada, and being able to leverage some of the mechanisms that are in place to reduce the dilution when you are exploring and developing, it is still very favourable in Saskatchewan. It's 30% – there's a 30% tax credit federally. And as of 24 months ago, Saskatchewan also increased the critical minerals tax credit up to 30% as well. ATHA personally – within the last six months – we did a charity flow-through capital raise. We received a 1.57x premium off of the dollars coming in. That was federally. And provincially it was a 1.75x So that's a significant uplift on dollars coming into the Company and being able to deploy those into the ground in the Province of #Saskatchewan. So I 100% agree, no one likes capital gains increases, but from a jurisdictional perspective my view is it's still an extremely attractive place to be able to work. [Darryl Clark / IsoEnergy Ltd.] The Fraser Institute backs that up? [Troy] Yes. [Canaccord] I completely agree, and I think you can see it even with a number of U.S. utilities not only contracting for domestic supply, but viewing Canada as a very friendly neighbor with a preference for getting some of those high grade pounds staying within North America. [Troy] As you're aware, Katie, we're a fan of consolidation. We just completed a three way transaction where we acquired 92 Energy and Latitude Uranium , growing up the asset base to where we have it. I agree with you completely, Dev [Randhawa]. The opportunity to explore at scale through being well capitalized and being able to materially advance exploration off that basis of strength, I think, is required. And for ATHA in particular – based off the work that we've done over the last year getting ready for this stage – we're about to deploy $30 million in exploration into the ground in calendar year 2024. And with the backdrop of this uranium cycle and where we're sitting right now there's probably never been a better time in the industry to be able to do that. And I think more of that's required because you look at the current assets that are out there it requires all of them. It requires all of them to go into production to plug the gap and new discoveries need to happen now in order to make that sustainable moving forward as well. And so the time for exploration in a real way is certainly now. /end segment 3 of 3 #uranium #u308 #sask

October 17th: rock assay results from BC projects to look at as we head into the weekend. Some info not included: * West Red Lake Gold Mines announces secured commitments over C$68 million to restart the Madsen Gold Mine in Ontario; * Osisko Mining receives shareholder approval for Gold Fields Limited, through a Canadian subsidiary, to acquire all of the issued and outstanding common shares of Osisko; * E3 Lithium successfully completes all milestones for the lithium production Pilot Project in Alberta which was funded by Natural Resources Canada's Critical Minerals Research, Development, and Demonstration Program; * Canada's Minister of Export Promotion, International Trade, and Economic Development announces a Team Canada Trade Mission to Australia to allow more than 650 representatives from over 440 Canadian organizations and more than 15 sectors to gain market exposure and pursue commercial opportunities and partnerships; * The Government of Canada announces a federal investment of $40 million from the Green Industrial Facilities and Manufacturing Program (GIFMP) for Emissions Reduction in Alberta; * The Defence Ministers of Canada, Denmark together with the Foreign Minister of the Faroe Islands and a representative from Greenland, Finland, Norway, and Sweden, and representatives from Iceland and the United States announce their shared commitment to enhanced collaboration on security and defence in the Arctic; * Member of Parliament for Sydney–Victoria, Nova Scotia, on behalf of the Minister of Energy and Natural Resources, along with the Atlantic Coastal Action Program (ACAP) Cape Breton, announce a joint investment of more than $1.2 million to plant over 208,000 trees in eastern Cape Breton through the 2 Billion Trees (2BT) program; * The Impact Assessment Agency of Canada announces a public comment period for TELUS Communications Inc.'s new radiocommunications tower (AB103721) on Beaver Lake Cree Nation lands (BLCN), in Beaver Lake Indian Reserve No. 131, near Lac Lacroix in Alberta: * The Impact Assessment Agency of Canada reposts the Notice of Commencement for Canada Nickel Company's proposed Crawford Nickel Project in Ontario, the Marten Falls First Nation and Webequie First Nation proposed all-season multi-use road in Ontario, and Agnico Gold Mines' proposed Upper Beaver Gold Project in Ontario, according to the transition provisions included in the Budget Implementation Act, 2024; The newsletter link is in the comments! #BritishColumbia #Yukon #MineralExploration #Mining #NewsReleases