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Argentina Lithium & Energy Corp. (TSX-V:LIT, OTCQB:PNXLF) shares rose sharply early Monday after it revealed accelerated exploration plans for 2024 following the recent financing agreement it announced with Stellantis subsidiary Peugeot Citroen Argentina. Under the revised program, the company said it plans to complete up to 30 drill holes at its large and highly prospective Antofalla North project to bring it to a resource delineation stage. That will follow on from its flagship Rincon West project, where the 11th of 20 planned exploration drill holes is underway. "Our 2023 field work focused on drilling Rincon West and was extremely successful in identifying lithium-rich brines and advancing the project,” Argentina Lithium vice president of exploration Miles Rideout said in a statement. More at #Proactive #ProactiveInvestors #TSXV #OTCQB #LIT #PNXLF http://ow.ly/fVB61052AKh

NCS Exploration – Trends, comparisons and learnings Exploration on the Norwegian Continental Shelf is highly lucrative. In 2023, every krone spent on drilling saw a 3.2x after-tax payback in terms of the value of the discoveries. 🔎 One of the reasons may be the companies’ focus on ILX – near-field exploration. ILX often results in small, but profitable discoveries that – given their proximity to infrastructure – quickly can be tied back, resulting in short payback periods. Currently, several operators are targeting about 80 percent ILX wells vs 20 percent frontier drilling. 🔎 While ILX is profitable and leads to discoveries that may quickly be brought to production, the strategy does little to increase the proven resources on the NCS significantly. The discoveries do not compensate for the volumes we extract every year, and the Norwegian Offshore Directorate warns that the NCS production may fall drastically from 2030. NOD urges the industry to do more exploration and drill more frontier exploration wells. Is the industry responding, and how successful is it? We are pleased to announce that David Moseley, VP Operations (Europe) at Welligence, a market intelligence firm focused on the upstream oil and gas sector, will give a keynote presentation at the NCS Exploration – Recent Discoveries conference in Oslo. Moseley will share some insights on how exploration on the NCS compares to global exploration and highlight what the drivers for increased exploration activities may be 💡 Have a look at our Preliminary Program 👉 https://lnkd.in/dZVQbYwR Get your tickets here 👉 https://lnkd.in/dSK9VtcJ NCS Exploration - Recent Discoveries 2024 📆 May 7-8 🎯 Scandic Fornebu, Oslo #subsurface #exploration #discoveries #wells

Westwood: High Impact exploration average discovery size declines and finding costs increase for the fifth consecutive year High impact exploration has seen average discovery sizes decline year on year from nearly 500mmboe in 2019 to 220mmboe in 2023 whilst overall finding costs have gone up by a factor of six in the same period. 🔽 Find more info in comments below 🔽 #WestwoodGlobalEnergyGroup #Westwood #OilExploration #GasExploration #OffshoreOilandGas #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Argentina Lithium & Energy Corp. (TSX-V:LIT, OTCQB:PNXLF). said it has chosen to exercise early two option agreements for properties in the #lithium triangle of northwest Argentina.  The company said one option at Rincon West/Pocitos encompasses 2390.5 hectares at its Rincon West Project and includes properties at which a phase 1 drilling program was completed successfully this year. The option also includes 15,857 hectares of properties at the Pocitos Project.   The company also exercised the Pipo/Alcalina option encompassing 5380.5 hectares at its Antofalla North Project at which an accelerated exploration plan is in place for 2024. "Exercising the options at Rincon West and Antofalla North is a key step to advance planning and development of our two core projects,” Nikolaos Cacos, CEO of Argentina Lithium, said in a statement that also contains further details about both options. More at #Proactive #ProactiveInvestors http://ow.ly/hTrn1054hjA #TSXV #OTCQB #LIT #PNXLF

PEL 83 Exploration Campaign Fourth Update – Significant Light Oil Discovery at Mopane-2X - Yahoo Finance: PEL 83 Exploration Campaign Fourth Update – Significant Light Oil Discovery at Mopane-2X  Yahoo Finance

How does exploration on the NCS compare to global exploration? What are the drivers behind the increase in NCS exploration wells? These are some of the topics that will be explored at the NCS Exploration – Recent Discoveries conference in Oslo in May https://lnkd.in/dNx_Ci5N #subsurface #exploration #discoveries #wells #explorationandproduction #ncsexploration

On today's 2024 exploration program update, Atha Energy Corp. CEO Troy Boisjoli stated: “This year is set to be a significant step forward for ATHA, as we continue to make progress on a number of exploration programs across multiple basins within our exploration portfolio. The benefits of our exploration-at-scale approach are on full display with our current and planned exploration activity, as the combination of our dominant exploration portfolio and exceptional technical capacity have allowed us to deploy our most significant program to date and maximize discovery potential for the Company.” Atha Energy Corp. VP Exploration Cliff Revering added: “With the successful acquisition of Latitude Uranium and 92 Energy in the first quarter of 2024, Atha continues to execute on its strategy to invest at scale in its portfolio of diversified exploration assets. The 2024 exploration program is focused on advancing and developing our deposits, discoveries, and Tier 1 generative projects, and to date we are on track to deliver on our plan.” See the release for more information and important disclosures → https://lnkd.in/ek8HHCMV

We have news: Atha Energy Corp. Agrees to Terms on $10.7 Million Option Agreement with Riverboat Energy Corporation for Vista Project → https://lnkd.in/ekKfsUcZ HIGHLIGHTS • Option Agreement provides Riverboat Energy Corp. an opportunity to acquire a 70% interest in ATHA’s early-stage Vista Property (30,265 Ha), located in the Athabasca Basin, by fulfilling a total of $9.3 million in exploration expenditures on the property by May 20th, 2027 • Terms of Option Agreement exercise include Riverboat making aggregate cash payments equal to $600,000 to ATHA, between 30 days from the effective date and May 20th, 2027 • Terms of Option Agreement exercise include Riverboat issuing common shares in Riverboat to ATHA having an aggregate value of $800,000, to be paid in specified increments, prior to May 20th, 2026 The Option Agreement on the Vista Property follows the similarly announced deal with Inspiration Energy Corp., as announced in the press release of the Company dated April 24, 2024, on two of its other early-stage exploration projects within the Athabasca Basin. These agreements are a result of the work the Company completed during its maiden 2023 Exploration Program, which successfully completed a total of seventeen EM surveys across its 4.1 million-acres of prospective exploration portfolio in the Athabasca Basin. The 2023 program identified hundreds of kilometres of prospective structural corridors and numerous highly prospective targets. ATHA’s exploration portfolio in the Athabasca Basin is divided into four exploration districts (each, an “Exploration District” and together the “Exploration Districts”): Cable Bay, East Rim, North Rim, and West. These Exploration Districts represent all past producing, currently producing, and developing uranium mining camps in the Basin. ATHA is continuing progress on it 2024 Exploration Program focusing on the Angilak Project – which host’s the high-grade uranium Lac 50 Deposit – in Nunavut, the post discovery high-grade uranium GMZ Discovery at the Gemini Project located in Saskatchewan, and its portfolio of early-stage Athabasca Basin exploration projects. The Company will continue to evaluate additional properties across its 8.1 million-acres of prospective mineral claims which cover Canada’s three top uranium jurisdictions – Saskatchewan, Nunavut, and Labrador – for additional strategic partnerships. #uranium #sask For more information and important disclosures, see today's release → https://lnkd.in/emZV7i8i

#ASXNews Velox Defines Second Exploration Target at the North Queensland Vanadium Project, Australia Velox Energy Materials is pleased to report the review and definition of a drill-defined Exploration Target for the Runnymede area in the central tenement area of the North Queensland #Vanadium Project situated within the “Vanadium Hub”, approximately 370 km west of the port of Townsville, Queensland, Australia. The Runnymede #Exploration Target is located approximately 66 km north-west of the township of Richmond and currently measures approximately 4.3 km in length and 3.5 km in width, with an average thickness of 10.70m and an average depth of 3.6m. The Exploration Target remains open to the northwest and north. #VLX’s President and CEO, Simon Coyle, commented: “We have already proven there are significant mineral resources in the Cambridge Deposit, and we are currently progressing through the first stages of our metallurgical testwork from large diameter core #drilling completed in September 2023. The new Runnymede Exploration Target adds significant upside potential to the existing Flinders River Exploration Target announced on 13 March 2023. This demonstrates the substantial unexplored potential within the 1,246 km2 near surface, oxidised Toolebuc Formation of the NQVP package. It is worth noting that we are also considering other areas covered by historical drilling to expand our Exploration Target inventory.” See the full announcement: https://loom.ly/75guR7s #VeloxEnergyMaterials #MiningNews #TSXV

Exploring New Frontiers in EV Battery Mining: From the Ocean Depths to Outer Space 🌊🚀 The global surge in electric vehicle adoption is sparking an unprecedented hunt for essential minerals like lithium, copper, and nickel. Join WSJ's George Downs as he delves into the innovative and challenging terrains miners are venturing into, from the deepest mines on Earth to the vast expanse of space. Discover how these daring endeavors could shape the future of EV batteries and sustainable transportation. #VVCResources #EVRevolution #InnovationInMining" https://lnkd.in/db-JjqRS