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   Gold/Mining/EnergyRare Earth Elements and Exotic Metals


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To: LoneClone who wrote (16575)11/19/2019 3:06:28 PM
From: LoneClone
   of 17268
 
Sayona Mining (ASX:SYA) Potential for New Lithium Deposit at Viau-Dallaire

abnnewswire.net

WWW: www.sayonamining.com.au Company Overview

Brisbane, Nov 19, 2019 AEST (ABN Newswire) - Emerging lithium miner Sayona Mining Limited ( ASX:SYA) ( FRA:DML) ( OTCMKTS:DMNXF) announced today an Exploration Target for the Viau-Dallaire prospect within the Company's Tansim Lithium Project in Quebec, Canada, highlighting the potential for the development of a new lithium deposit.

Based on recent drilling (refer ASX announcement 9 April 2019), the Exploration Target* has been estimated at between 5 million tonnes, at an estimated grade of 1.2-1.3% Li2O and 25 million tonnes at an estimated grade of 1.2-1.3% Li2O (Table 1*). The mineralisation is open in all directions.

Lithium Project.

The Tansim project comprises 141 mineral claims spanning 8,500 hectares and is prospective for lithium, tantalum and beryllium.

Sayona's Managing Director, Brett Lynch said the Viau-Dallaire prospect could potentially become an important boost to the Company's growth plans in Quebec.

"This Exploration Target demonstrates the potential for Viau-Dallaire to become another key part of our strategy to develop a lithium hub, supporting Quebec's ambitions to generate a complete lithium value chain," he said.

"With our bid progressing for NAL backed by a world-class team, Sayona has the potential to feed spodumene ore from Authier and Viau-Dallaire into NAL's concentrator to generate the necessary quality product for lithium-ion battery manufacturing."

Exploration Target outline

Sayona completed a Phase 1 diamond drilling program at the Viau-Dallaire prospect during February 2019 consisting of 11 holes for 1,129 metres (refer ASX announcement 9 April 2019), which intercepted two subparallel dykes (including a second deeper and non-outcropping dyke), trending a minimum of 350m east-west along strike and dipping 45deg-55deg to the north, both with variable concentrations of coarse grain spodumene mineralisation. Mineralisation is open in all directions.

Based on the drilling data, an Exploration Target* was set based on current geological knowledge concerning the area, as per follows (Table 2 and Figures 1 and 2*):

- Viau-Dallaire Main: this encompasses the mineralised zone tested by Phase 1 drilling, with dimensions of 350m along strike, average mineralised combined width of 50m (10m for dyke 1 and 40m for dyke 2) and up to 150m vertical depth, where some of the earlier shallow holes tested the shallower outcropping pegmatite dyke and were stopped before hitting the deeper and non-outcropping second dyke (Figure 1*)

- Viau-Dallaire along strike extensions: potential strike extensions of known mineralisation at Viau-Dallaire Main to the east and to the west

- Viau-Dallaire down dip extensions: potential deep extension of Viau-Dallaire Main and Viau-Dallaire strike extensions up to 250m vertical depth, including a potential merging of dykes 1 and 2 down dip

- Viau-Dallaire potential subparallel mineralised dykes: potential subparallel mineralised dykes south of Viau-Dallaire main and along strike extensions.

Exploration and drilling at Viau-Dallaire is still in its early stages and further drilling may highlight new mineralised zones, given the east-west structural setting similar to the Authier project.

Drilling highlights - Phase 1 drilling

The 11 diamond drill holes for 1,219m completed at Viau-Dallaire intercepted variable concentrations of spodumene mineralisation distributed in two sub-parallel dykes (including a deeper non-outcropping dyke) with best drilling intercepts including:

- Hole VD19-01 - 6.3m @ 1.28 % Li2O from 3.9m, including 2m @ 1.66 % Li2O from 6m and 6.5m @ 1.28 % Li2O from 13.5m, including 3.5m @ 1.78 % Li2O from 13.5m (shallower dyke);

- Hole VD19-05 - 12.35m @ 1.29 % Li2O from 4m, including 5m @ 1.63 % Li2O from 9m (shallower dyke); and

- Hole VD19-10 - 43.7m @ 0.82 % Li2O from 108.2m, including 16.1m @ 1.26 % Li2O from 135.8m.

Drilling tested 350m strike extension and up to 150m vertical depth. Two main pegmatite albitespodumene pegmatite dykes were intercepted, with an east-west strike dipping 45deg to 55deg to the north (Figure 1*):

- Dyke 1 (upper dyke - outcropping) - 10m to 18m true width averaging 15m true width.

- Dyke 2 (deeper dyke - not outcropping) - 30 to 55m averaging 40m approximate true width

All the dykes showed variable percentages of mostly very coarse to coarse spodumene (crystals of up to 20 cm length and concentrations of 10% to 25% with peaks of 40-50%), with minor fine grain spodumene as well as internal zones of low grade to barren pegmatite.

There is potential for both strike extensions and deeper extensions testing potential coalescence of pegmatite dykes as well as new and not-outcropping pegmatite dykes.

Project outline

Acquired in January 2018, the Tansim project is located just 82km south-west of Sayona's flagship Authier Lithium Project. The project comprises 141 mineral claims spanning 8,500 hectares and is prospective for lithium, tantalum and beryllium.

Historical exploration on the property has included mapping, sampling, geophysics and preparation of a Canadian NI 43-101report.

Access is via a well-maintained paved road to Remigny or Bellecombe (50km south-east of Rouyn-Noranda), then by a series of bush and logging roads. A Hydro Quebec 120 kv power line crosses the forest 1km north of the property.

Mineralisation is hosted within spodumene-bearing pegmatite intrusions striking east-west, dipping to the north and hosted by metasedimentary - metavolcanic rocks of the Pontiac sub-province.

The main prospects are Viau-Dallaire, Viau and Vezina, with exploration activity having included phase 1 diamond drilling at Viau-Dallaire prospect (see detail on drill hole collar location and mineralised intersections in Figures 6 to 10 and Table 3*) as well as an airborne geophysics survey and reconnaissance selective sampling.

Additional work

Additional, phase 2 diamond drilling at Viau-Dallaire to be considered includes:

- Testing the two known spodumene-bearing pegmatite dykes along strike and to depth;

- completing two deep exploration holes looking for additional subparallel dykes;

- confirming the geometry of dyke 2 at shallow levels not intercepted in phase 1 drilling; and

- continuing collection of data for further metallurgical testwork.

Mr Lynch added: "These results highlight the ability of Sayona to expand our lithium assets, supporting Quebec's ambitions to be at the forefront of the global revolution in lithium-ion battery technology. We look forward to further advancing this project together with Authier, while pushing forward with our bid for NAL backed by our world-class support team."

To view tables and figures, please visit:
abnnewswire.net

About Sayona Mining Ltd

Sayona Mining Limited ( ASX:SYA) ( OTCMKTS:DMNXF) is an Australian, ASX-listed (SYA) company focused on sourcing and developing the raw materials required to construct lithium-ion batteries for use in the rapidly growing new and green technology sectors. The Company has lithium projects in Quebec, Canada and in Western Australia.

Please visit us as at www.sayonamining.com.au





Contact

Brett Lynch
Managing Director
Phone: +61 (7) 3369 7058
Email: info@sayonamining.com.au

Link: Potential for New Lithium Deposit at Viau-Dallaire

Related Companies

Sayona Mining Ltd

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To: LoneClone who wrote (16576)11/20/2019 1:29:01 PM
From: LoneClone
   of 17268
 
[Cobalt]

American Manganese Reports 99.977% Purity from Recycled Lithium-ion Battery Material

RecycLiCoTM Patented Process Continues Testing for Tier-One Lithium-ion Battery Companies

accesswire.com

Wednesday, November 20, 2019 3:30 AM

SURREY, BC / ACCESSWIRE / November 20, 2019 / American Manganese Inc. (TSXV:AMY)(OTC:AMYZF)(FSE:2AM) ("AMY" or the "Company") is pleased to report on the successful recovery of high purity (99.977%) nickel-cobalt hydroxide from the NCA cathode scrap material received from the tier-one lithium-ion battery company referenced as Company A in the October 25, 2019 press release. These results follow the previously announced 99.98% purity results from recycled NCA cathode scrap material received from Company B. Laboratory studies were conducted by the Company's independent contractor, Kemetco Research.

"The almost identical purity test results are an indication that the RecycLiCoTM patented processes can remain consistent and repeatable on cathode scrap material sourced from different companies," said Norm Chow, President of Kemetco Research.

The next steps involve shipment of high purity recycled material back to the tier-one companies for analysis and confidential technical discussion regarding the recycling process. American Manganese's objective is to collaborate efforts with the tier-one companies to seamlessly integrate recycled material into the re-manufacturing of battery cathodes.

American Manganese believes the demand for recycling is immediate and lithium-ion battery manufacturers could benefit from integrating recycled cathode material in their manufacturing process because it would create use for their production scrap waste, reduce reliance for mined raw materials, and improve battery production costs. For reference, Benchmark Minerals Intelligence is tracking 102 battery Megafactories with the potential manufacturing capacity to provide battery power for 36 million electric vehicles. Also, the price of cobalt hydroxide, referenced in the following article, is calculated at a 19% premium over the value of cobalt metal.

"Our RecycLiCoTM patented process offers a robust and closed-circuit hydrometallurgical solution that does not use a conventional high-heat smelting process known as pyrometallurgy," said Larry Reaugh, President and CEO of American Manganese. "For example, the cost of the reagent consumption in our process is estimated to be less than 10% of the recoverable value in the cathode material."

About Kemetco Research Inc.

Kemetco Research is a private sector integrated science, technology and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.

Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a broader range of backgrounds and expertise than most laboratories.

About American Manganese Inc.

American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery-grade purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

On behalf of Management

AMERICAN MANGANESE INC.

Larry W. Reaugh
President and Chief Executive Officer
Telephone: 778 574 4444
Email: lreaugh@amymn.com


www.americanmanganeseinc.com
www.recyclico.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

SOURCE: American Manganese Inc.

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To: LoneClone who wrote (16577)11/20/2019 2:21:03 PM
From: LoneClone
   of 17268
 
Lithium Chile Updates Turi Drilling Program and Announces Rig Mobilization

ca.finance.yahoo.com

NewsfileNovember 18, 2019

Calgary, Alberta--(Newsfile Corp. - November 18, 2019) - Lithium Chile Inc. (TSXV: LITH) (OTCQB: LTMCF) ("Lithium Chile" or the "Company") is pleased to announce that construction of the first drill pad on the company's Turi exploration prospect is anticipated to be completed this week and that mobilization of the drilling rig contracted with Big Bear Drilling out of La Serena Chile is also anticipated to commence towards the end of the week. Lithium Chile expects to collar and begin drilling their first reconnaissance hole on Turi early the week of November 25th 2019. The first drill hole will test the greater than 300 metre thick core of a large well defined high conductivity TEM geophysical anomaly underlying at least 63 square kilometres of the Turi property. Near surface brine samples taken by Lithium Chile from the area above the TEM anomaly contain lithium values ranging up to 590 mg/l and moderate to low magnesium to lithium ratios of 7.8.

Lithium Chile has contracted Montgomery and Associates Consultores Limitada ("Montgomery and Associates") from Santiago to assist with both the drilling and sampling program on Turi based upon their extensive experience in lithium exploration. Montgomery and Associates has developed most of the current Resources and Reserves definitions used for lithium brines in National Instrument 43-101 reports. They will assure QA/QC control in our sampling techniques.

Steve Cochrane, President and CEO of Lithium Chile comments, "We are extremely pleased that we are finally able to commence our exploration program on our Turi prospect. With the challenges facing our industry today the initiation of our second exploration project in Chile is a major success for Lithium Chile. I am proud of our team in Chile and we see this program as a significant opportunity to add shareholder value ."

About Lithium Chile

Lithium Chile is advancing a lithium property portfolio consisting of 166,150 hectares covering sections of 14 salars and 2 laguna complexes in Chile.

Lithium Chile's common shares are listed on the TSX-V under the symbol "LITH" and on the OTC-QB under the symbol "LTMCF".

To find out more about Lithium Chile Inc., please contact Steven Cochrane, President and CEO via e mail: steve@lithiumchile.ca or alternately, Jeremy Ross, VP Business Development, at (604) 537-7556 or via email: jeremy@lithiumchile.ca . Chilean contact is Terry Walker, VP Exploration at (011) 562 2455-6473 or via email: twalker@goldenrock.cl

On Behalf of the Board of Directors,

LITHIUM CHILE INC.

Steven Cochrane
President & CEO

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward Looking Statements

This news release may contain certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). Generally, forward-looking information can be identified by the use of forward-looking terminology such as "expects", "believes", "aims to", "plans to" or "intends to" or variations of such words and phrases or statements that certain actions, events or results "will" occur. In particular, this news release contains forward-looking statements relating to, among other things, management of the Company's views regarding the current and subsequent drilling programs.

You are cautioned that the following list of material factors and assumptions is not exhaustive. Specific material factors and assumptions include, but are not limited to: the general stability of the economic and political environment in which the Company operates; the timely receipt of required regulatory approvals; the ability of the Company to obtain future financing on acceptable terms; currency, exchange and interest rates; operating costs; the success the Company will have in exploring its prospects and the results from such prospects. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.


To view the source version of this press release, please visit newsfilecorp.com

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To: LoneClone who wrote (16578)11/21/2019 11:55:27 AM
From: LoneClone
   of 17268
 
[REE] Appia Discovers Eight New Surface Zones on the Critical Rare Earth Element Alces Lake Property

newsfilecorp.com

Toronto, Ontario--(Newsfile Corp. - November 20, 2019) - Appia Energy Corp. (CSE:API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE) (the "Company" or "Appia) is pleased to announce the findings from the prospecting program, including assay results from channel and grab samples collected during the 2019 Summer exploration program (the "Program") on the Alces Lake property (the "Property"), northern Saskatchewan (see Table 1 for assay results). The Property is host to some of the highest-grade rare earth element ("REE") discoveries in the world, including 49.16 wt% Total Rare Earth Oxide ("TREO") over 3.7 metres ("m") less than 10 m from surface in drill hole IV-19-012 (see News Release - September 3, 2019) and 46.03 wt% TREO over 1.97 m at surface (see News Release - November 8, 2018 as reissued and re-filed on www.sedar.com on January 9, 2019).

In addition to the recently reported diamond drill program results (see News Release - November 05, 2019), Appia completed prospecting which led to the discovery of eight new surface outcrop zones* and showings* with characteristics of the rare earth element mineralization system (the "System") including visible monazite. The new discoveries have expanded known surface REE mineralization within an area measuring over 500 m by 500 m, and the Biotite Lake discovery has extended the 500 m footprint to over 1.8 km (Figure 1).

The contacts of the zones and showings remain covered by overburden and therefore have not been fully exposed. Three zones were sampled during the Program (Biotite Lake, Quartzite and Thomas), one zone was sampled in 2017 (Cone), and four showings remained unsampled. The zones and showings are described below:

  • Biotite Lake zone: average of 2.090 wt% TREO from 3 grab samples from 1.336 wt% TREO to 2.568 wt% TREO reported. The Biotite Lake zone occurs in 2 parts, each 8 m long and up to 1.5 m wide, with the middle of the zone covered by overburden. The zone is located 1.8 km west of the Wilson Zone, and represents the most distal high-grade REO occurrence discovered on the property by Appia to-date. Visible monazite was reported.
  • Quartzite zone: a range of 0.460 to 0.485 wt% TREO from 3 channel sample lines. The Quartzite zone occurs in 2 parts with an overall estimated length of 42 m, the middle of which is currently covered by overburden, and up to 2.0 m wide. The Quartzite zone is located 145 m north of the Dante zone and is the second longest surface zone after the Wilson zone. Visible monazite was reported.
  • Thomas zone: 0.487 wt% TREO over 1.2 m channel sample length. The Thomas zone was exposed over 7.5 m long and up to 1.2 m wide before losing its contacts beneath the overburden. The zone is located 55 m northwest of the Dante zone. Visible monazite was reported.
  • Cone zone: 1.865 wt% TREO over 0.37 m channel sample length from 2017 (see News Release - October 31, 2017). The Cone zone was exposed over 6.5 m length and 0.4 m wide, and the zone dips into a cliff face. The zone is 25 m northwest of the Wilson zone. Visible monazite was reported.
  • Danny zone extension: additional outcrops were discovered in and around the Danny zone (discovered in 2017) but due to thick overburden, the outcrops were not fully exposed. The Danny zone now measures 60 m by 45 m. The new showings were not sampled but outcrop grab samples from the Danny zone in 2017 returned between 2.432 and 13.630 wt% TREO (see News Release - October 31, 2017).
  • Stan zone showings: three outcrop showings were located between 100 and 135 m east of the Danny zone and southwest of the Wilson zone. The showings remain mostly obscured by overburden and were not sampled.
  • Jason zone showings: three outcrop showings were located along a cliff face 55 to 125 m northwest of the NW Wilson zone and 130 to 200 m southeast of the Hinge zone. The showings were not sampled. Samples collected from the Hinge zone in 2017 returned between 1.899 and 8.731 wt% TREO (see News Release - October 31, 2017), whereas samples returned from the NW Wilson zone in 2017 returned between 0.757 and 5.098 wt% TREO (see News Release - October 31, 2017).
  • Bo zone showings and Mikaela zone: five outcrop showings were hand-dug through overburden to expose mineralized outcrops at shallow depths between 25 to 35 m north and west of the Charles and Bell zones. The showings were not sampled however channel samples from the Charles zone in 2018 returned 0.396 wt% TREO over 2.31 m up to 14.895 wt% TREO over 5.13 m (see News Release - September 18, 2018).

  • * “Zone” refers to the mineralized system exposed over at least 5.0 m long in at least one direction within an outcrop. “Showing” refers to the mineralized system exposed under 5.0 m long in at least one direction within an outcrop, and mostly occur as small exposed outcrop windows of less than 1.0 m.

    True thickness has not been determined for each of the intervals mentioned, including those in Table 1.

    Mr. James Sykes, Appia's Vice-President, Exploration and Development, comments: "The discovery of these new zones demonstrates that the System is extensive beneath the overburden. The Biotite Lake discovery shows that the REE mineralization system within the Alces Lake area is far more wide-spread than previously thought. These discoveries have provided us with new target areas for upcoming exploration, and the geological controls of these zones will help with our overall understanding of the System. We continue to discover more surface mineralization beneath the overburden with each work program. These "blind" discoveries highlight the surface and near-surface potential for additional high-grade REE zones, increasing the economic potential of the Alces Lake REE system. In many areas, we have observed low-grade TREO halos surrounding high-grade TREO bodies, therefore the discoveries at the Quartzite and Thomas zones could potentially lead us to nearby near-surface high-grade REE bodies. Our surface prospecting along the radiometric highs (pink in Figure 1) show a positive correlation with known surface discoveries, thus a large number of surface radiometric targets still require follow-up. We are excited for next year's prospecting with the confidence that we will discover (and uncover) many more high-grade TREO surface zones."

    In the coming weeks, the Company will be initiating academic studies with universities in Europe and North America to help better understand the origin(s) and source of the System (see News Release - November 5, 2019, for details).

    The Alces Lake Property encompasses some of the highest-grade total and critical REE mineralization in the world, hosted within numerous surface and near-surface showings to which the depth extent remains unknown. Critical REEs are defined here as those that are in short-supply and high-demand for use in permanent magnets and modern electronic applications (i.e.: Neodymium (Nd), Praseodymium (Pr) and Dysprosium (Dy)). The project area is 14,334 hectares (35,420 acres) in size and is 100% owned by Appia.

    Appia considers "high-grade" REE mineralization to be >1.897 wt% TREO, which represents >75th percentile for global rare earth oxide ("REO") deposit grades of advanced stage projects (excluding the Gakara, Steenkampskraal and Mount Weld CLD deposits). The global REO deposit information was derived from publicly available information as of January 31, 2018, from individual company websites, SEDAR technical report filings, and the Technology Metals Research Advanced Rare Earth Projects Index (http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/)

    All channel samples ("CS", refer to Table 1) were removed from outcrops using a cut-off saw, and hammer and chisel. The samples were cut one inch thick and deep in individual segments ranging from 0.38 m to 1.03 m along the reported distance. The sample distances and mineralization continuity were limited to visible and accessible outcrop exposures ie: all sampled outcrops either i) disappeared under thick vegetation cover, ii) dipped below the overburden, or iii) the terrain proved to be too difficult to continue sampling. Grab samples were individual fist-sized samples removed from outcrops using a hammer and chisel.

    All assay results were provided by Saskatchewan Research Council's ("SRC") Geoanalytical Laboratory, an ISO/IEC 17025:2005 (CAN-P-4E) certified laboratory in Saskatoon, SK, for multi-element and REE analysis. The REE analysis uses a lithium metaborate fusion to dissolve refractory minerals, such as monazite

    All analytical results reported herein have passed rigorous internal QA/QC review and compilation. The technical content in this news release was reviewed and approved by Dr. Irvine R. Annesley, P.Geo, Advisor to Appia's Board of Directors, and a Qualified Person as defined by National Instrument 43-101.

    About Appia

    Appia is a Canadian publicly-traded company in the uranium and rare earth element sectors. The Company is currently focusing on delineating high-grade critical rare earth elements ("REE") and uranium on the Alces Lake property, as well as prospecting for high-grade uranium in the prolific Athabasca Basin on its Loranger, North Wollaston, and Eastside properties. The Company holds the surface rights to exploration for 57,048 hectares (140,968 acres) in Saskatchewan.

    The Company also has a 100% interest (subject to a 1% Uranium Production Payment Royalty and a 1% Net Smelter Return Royalty on any precious or base metals payable, provided that the price of uranium is greater than US$130 per pound) in 12,545 hectares (31,000 acres), including rare earth element and uranium deposits over five mineralized zones in the Elliot Lake Camp, Ontario, which historically produced over 300 million pounds of U3O8 and is the only Canadian camp that has had significant rare earth element (yttrium) production. The deposits are largely unconstrained along strike and down dip.

    Appia's technical team is directed by James Sykes, who has had direct and indirect involvement with over 550 million lbs. U3O8 being discovered in five deposits in the Athabasca Basin.

    Appia has 65.3 million common shares outstanding, 85.2 million shares fully diluted.

    Cautionary Note Regarding Forward-Looking Statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not guarantees of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward- looking statements and shareholders are cautioned not to put undue reliance on such statements.

    Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

    For further information, please contact:

    Tom Drivas, President, CEO and Director: (tel) 416-546-2707, (fax) 416-218-9772 or (email) appia@appiaenergy.ca

    James Sykes, VP Exploration & Development, (tel) 306-221-8717, (fax) 416-218-9772 or (email) jsykes@uraniumgeologist.com

    Frank van de Water, Chief Financial Officer and Director, (tel) 416-546-2707, (fax) 416-218-9772 or (email) fvandewater@rogers.com



    FIGURE 1 - ALCES LAKE SUMMER 2019 SURFACE DISCOVERIES
    To view an enhanced version of this graphic, please visit:
    orders.newsfilecorp.com

    TABLE 1 - LITHOGEOCHEMICAL RESULTS FOR NEW SURFACE DISCOVERIES



    To view an enhanced version of this graphic, please visit:
    orders.newsfilecorp.com

    *Note: >1.897 wt% TREO represents >75th percentile for global REO deposit grades of advanced stage-projects (excluding Gakara, Steenkampskraal and Mount Weld CLD deposits). The global REO deposit information was derived from publicly available information as of January 31, 2018, from individual company websites, SEDAR technical report filings, and the Technology Metals Research Advanced Rare Earth Projects Index (http://www.techmetalsresearch.com/metrics-indices/tmr-advanced-rare-earth-projects-index/)

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    To: LoneClone who wrote (16579)11/21/2019 11:57:43 AM
    From: LoneClone
       of 17268
     
    Defense Metals Drills 4.21% Light Rare Earth Oxide Over 48 Metres and Extends Mineralized Zone at Wicheeda Rare Earth Element Deposit


    newswire.ca

    Defense Metals Corp. Nov 20, 2019, 08:00 ET

    VANCOUVER, Nov. 20, 2019 /CNW/ - Defense Metals Corp. ("Defense Metals") (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for an additional three holes from the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.




    Figure 1: Oblique View Wicheeda Deposit 2019 Diamond Drill (CNW Group/Defense Metals Corp.)

    Drill hole WI19-25 (-45o dip / 185o azimuth), drilled to define the southern margin of the Wicheeda REE Deposit returned two higher grade intervals; an upper zone that assayed 3.87% Light Rare Earth Oxide (LREO; being cerium, lanthanum, neodymium, praseodymium, and samarium oxides (Ce2O3+La2O3+Nd2O3+ Pr2O3+Sm2O3) over a drill core interval of 24 metres, and a lower interval assaying 3.93% LREO over a drill core interval of 23 metres 1 (Table 1). Both intervals occur within a broader REE mineralized interval that assayed 2.22% LREO over a drill core interval of 142 metres from surface. The transition from higher grade dolomite-carbonatite corresponded with the edge of the southern limit of the 2019 Mineral Resource Estimate2; however REE mineralized fenite rocks continued to a depth of 142.3 metres thereby extending REE mineralization a distance of approximately 40 metres south of the 2019 Mineral Resource Estimate limit.


    Drill hole WI19-26 (-65o dip / 295o azimuth), collared from the same drill pad returned a single longer higher grade intercept assaying 4.21% LREO over a drill core interval of 48 metres1 within a broader zone of mineralization assaying 2.82% LREO over a core interval of 126 metres1. Significantly WI19-26 was designed to drill west starting from a higher elevation above and ultimately terminating well below historical vertical drill hole WI09-05 which was lost in difficult ground conditions at a depth of 56 metres.

    Drill hole WI19-27 (-45o dip / 010o azimuth), collared from the same pad and drilled northeast to provide a high elevation pierce point of the margin of the Wicheeda Deposit returned an average grade of 2.54 LREO over a drill core interval of 118 metres1, corresponding almost exactly with the predicted margin based on the 2019 Mineral Resource Estimate. The hole collared into dolomite carbonatite which continued to a downhole depth of 120 metres.

    Table 1: Wicheeda REE Deposit 2019 Diamond Drill Intercepts



    Hole ID

    Released

    From
    (m)


    To
    (m)


    Interval
    (m)


    LREO
    (%)


    Ce2O3
    (%)


    La2O3
    (%)


    Nd2O3
    (%)


    Pr2O3
    (%)


    Sm2O3
    (%)


    WI19-20

    Oct. 31, 2019 News

    Release

    4.6

    68.8

    64.2

    4.32

    2.10

    1.54

    0.46

    0.18

    0.04

    WI19-21

    3.9

    114

    110.1

    3.26

    1.57

    1.16

    0.36

    0.14

    0.04

    WI19-22

    Nov. 14, 2019 News

    Release

    7

    113

    106

    2.71

    1.31

    0.98

    0.28

    0.11

    0.03

    WI19-23

    4

    109

    105

    3.12

    1.49

    1.14

    0.34

    0.13

    0.03

    WI19-24

    2.9

    83

    80.1

    2.43

    1.18

    0.83

    0.29

    0.10

    0.03

    WI19-25

    Current News

    Release

    1.1

    143.4

    142.3

    2.22

    1.08

    0.78

    0.24

    0.09

    0.03

    including

    1.1

    25

    23.9

    3.87

    1.89

    1.42

    0.39

    0.14

    0.04

    and

    60

    83

    23.0

    3.93

    1.90

    1.42

    0.43

    0.15

    0.04

    WI19-26

    1.8

    128

    126.2

    2.82

    1.34

    1.07

    0.29

    0.10

    0.03

    including

    32

    80

    48.0

    4.21

    1.99

    1.61

    0.42

    0.15

    0.04

    WI19-27

    2

    120.3

    118.3

    2.54

    1.22

    0.92

    0.27

    0.10

    0.03




    Craig Taylor, CEO and President of Defense Metals Corp., commented, "We are extremely pleased with the results from these three additional drill holes. The 2019 Wicheeda REE Deposit diamond drill hole assay results continue to yield higher-grade zones of mineralization as seen in drill holes WI19-25 and WI19-26; in addition to expansion of the REE mineralization beyond the limits of the 2019 Miner Resource Estimate. Defence Metals continues to deliver on its stated drill program goals of increasing our confidence in the existing resource and expansion of the Wicheeda REE Deposit."

    The 2019 drill program comprised 13 diamond drill holes, totalling 2,005 metres that were completed from three separate drill pads that were designed to test the northern, southern and western extent of the Wicheeda REE Deposit where it remains open, and to further delineate the relatively higher-grade, near surface dolomite carbonatite unit.

    Defense Metals looks forward to receipt of assay results for the remaining 5 drill holes within the coming weeks and will provide additional updates as they are received.



    1The true width of REE mineralization is estimated to be 70-100% of the drilled interval.


    2 The Wicheeda REE Deposit Mineral Resource comprises an Inferred Mineral Resource of 11,370,000 tonnes averaging 1.96%
    LREE (Light Rare Earth Elements) reported at a cut-off grade of 1.0% LREE (sum of cerium, lanthanum, neodymium and samarium
    percentages). The resource is classified according to the CIM "Estimation of Mineral Resources and Mineral Reserves Best Practice
    Guidelines" dated November 23rd, 2003 and CIM "Definition Standards for Mineral Resources and Mineral Reserves" dated May 10th,
    2014. Details with respect to the Mineral Resource Estimate are summarized in the Defense's NI 43-101 technical report titled "Wicheeda
    Rare Earth Element Project, British Columbia, Canada" effective date of June 20, 2019 available on SEDAR at www.sedar.com.




    Methodology and QA/QC

    The analytical work reported on herein was performed by ALS Canada Ltd. (ALS) at Kamloops (sample preparation) and Vancouver (ICP-MS fusion), B.C. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Defense Metals and the QP. Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250 gram split to 85% passing 75 microns. A 0.1 gram sample pulp was then subject to multi-element ICP-MS analysis via lithium-borate fusion to determine individual REE content (ME-MS81h). Defense Metals follows industry standard procedures for the work carried out on the Wicheeda Project, with a quality assurance/quality control (QA/QC) program. Blank, duplicate and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Defense Metals detected no significant QA/QC issues during review of the data. Defense Metals is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.

    Qualified Person

    The scientific and technical information contained in this news release as it relates to the Wicheeda Rare Earth Element Project has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a "Qualified Person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

    About Defense Metals Corp.

    Defense Metals is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of green energy technologies, such as, high strength, light weight, rare earth magnets. Defense Metals' primary focus is to exercise its option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Project. Defense Metals Corp. trades in Canada under "DEFN" on the TSX Venture Exchange, the United States, under "DFMTF" on the OTCQB and the German, Frankfurt Exchange under the symbol of "35D".

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    Forward Looking Information

    This news release includes certain statements that constitute "forward-looking information or statements" within the meaning of applicable securities law, including without limitation, Defense Metals' plans for its properties/projects, assays, drill results, expectations for an expanded resource, other statements relating to the technical, financial and business prospects of Defense Metals, and other matters.

    Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon a number of factors that, if untrue, could cause the actual results, performances or achievements of Defense Metals to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Defense Metals will operate in the future, including the price of metals and elements, anticipated costs and the ability to achieve goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, and that third party contractors, equipment and supplies and governmental and other approvals required to conduct Defense Metals' planned exploration activities will be available on reasonable terms and in a timely manner. While such estimates and assumptions are considered reasonable by the management of Defense Metals, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks.

    Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events, level of activity, performance or results to differ materially from those reflected in the forward-looking statements, including, without limitation: (i) risks related to rare earth elements, and other commodity price fluctuations; (ii) risks and uncertainties relating to the interpretation of exploration results; (iii) risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses; (iv) that resource exploration and development is a speculative business; (v) that Defense Metals may lose or abandon its property interests or may fail to receive necessary licences and permits; (vi) that environmental laws and regulations may become more onerous; (vii) that Defense Metals may not be able to raise additional funds when necessary; (viii) the possibility that future exploration, development or mining results will not be consistent with Defense Metals' expectations; (ix) exploration and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration and development; * competition; (xi) the potential for delays in exploration or development activities or the completion of geologic reports or studies; (xii) the uncertainty of profitability based upon Defense Metals' history of losses; (xiii) risks related to environmental regulation and liability; (xiv) risks associated with failure to maintain community acceptance, agreements and permissions (generally referred to as "social licence"), including local First Nations; (xv) risks relating to obtaining and maintaining all necessary government permits, approvals and authorizations relating to the continued exploration and development of Defense Metals' projects; (xvi) risks related to the outcome of legal actions; (xvii) political and regulatory risks associated with mining and exploration; (xix) risks related to current global financial conditions; and (xx) other risks and uncertainties related to Defense Metals' prospects, properties and business strategy. These risks, as well as others, could cause actual results and events to vary significantly.

    Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, adverse weather conditions, increase in costs, equipment failures, litigation, failure of counterparties to perform their contractual obligations and fees charged by service providers. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and Defense Metals disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

    SOURCE Defense Metals Corp.

    For further information: please visit defensemetals.com or contact: Todd Hanas, Bluesky Corporate Communications Ltd., Vice President, Investor Relations, Tel: (778) 994 8072, Email: todd@blueskycorp.ca




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    To: LoneClone who wrote (16580)11/25/2019 10:46:16 AM
    From: LoneClone
       of 17268
     
    Chromium: Clover Alloys to purchase Lanxess’ Rustenburg Chrome Mine


    roskill.com

    Posted 22nd November 2019 in General News.
    By Nils Backeberg

    Speciality chemicals company Lanxess has announced plans to sell its stake in South Africa’s Rustenburg Chrome Mine (RCM) to Clover Alloys. The transaction is expected to be completed late next year. The sale follow’s Lanxess’ earlier divestment away from its chromium tanning salts plant in Merebank, which was sold to the Chinese company Brother Enterprises.

    Clover Alloys operates two third-party ore/waste processing plants for the production of metallurgical- and speciality-grade chromium concentrates. Through the purchase of RCM, Clover Alloys gains access to captive ore feed.

    Roskill ViewLanxess maintains its sodium dichromate and chromic acid plant in Newcastle, South Africa, as the company focusses on higher value chromium chemicals. After the sale, the plant will rely on third-party offtake agreements of chemical-grade ores.

    The price premium of speciality-grade chromium ores has eroded rapidly over 2019. Foundry- and refractory-grade ores declined from a 70% premium over metallurgical-grade concentrates in December 2018 to 45% by October 2019, while chemical-grade concentrates declined from a 50% premium to just 8% over the same period.

    Roskill’s 15th edition of the Chromium Market Outlook to 2029 was published in June 2019. The second update with analysis of recent trends and updated forecasts will be published in December. To download the brochure and sample pages for the report, or to access further information click here.

    Contact the author This article was written by Nils Backeberg. Please get in touch below if you wish to discuss further:

    Contact the author

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    To: LoneClone who wrote (16581)11/25/2019 10:53:01 AM
    From: LoneClone
       of 17268
     
    Hastings Technology Metals (ASX:HAS) Bulk REE Ore Sorting Trial Shows Outstanding Results

    95% RECOVERY of ORE and 52% IMPROVEMENT IN HEAD GRADE FROM BULK ORE SORTING TRIAL

    abnnewswire.net

    WWW: www.hastingstechmetals.com Company Overview

    Perth, Nov 25, 2019 AEST (ABN Newswire) - Hastings Technology Metals Limited ( ASX:HAS) ( FRA:5AM) is pleased to announce successful completion of bulk sample testing through an ore sorting circuit. These outstanding results confirm earlier results from smaller drill core derived samples, which were tested with two different ore sorter vendors.

    - 95.1% recovery of contained Nd2O3+Pr6O11 on 1.8 tonne sorted bulk sample.

    - 52% increase in head grade from 0.71% to 1.08% Nd2O3+Pr6O11.

    - 37.1% of the sample mass rejected from ore sorting testwork.

    - Standard commercial ore sorting technology, X-Ray transmission (XRT), has proven to be extremely effective at removing dilution on samples used in the testing program.

    - Technical and engineering programs will continue to investigate the operating scenarios where benefits can be realised for the project.

    Previous small-scale test work has shown that off-the-shelf x-ray transmission (XRT) ore sorting technology could be applied to separate out a barren waste stream from the ore. This presents an opportunity to remove waste dilution material from the mining process before the material is fed into the processing plant, potentially resulting in energy and reagent savings in the beneficiation circuit.

    The crushed bulk ore sample of 1.8 tonnes was screened into two size fractions -10.5mm and +10.5mm. The sortable fraction (+10.5mm) after being diluted with waste material at either 35% or 60% proportions was screened on a Tomra commercial sorter using XRT technology at 32 tonnes per hour feed rate.

    In the base case sorted ore sample, crushed and screened to +10.5mm and diluted with 35% waste material, a total of 37.1% of the sample mass was rejected at a grade of 0.09% Nd2O3+Pr6O11, representing a loss of Nd2O3+Pr6O11 of just 4.9% or an overall recovery of 95.1% Nd2O3+Pr6O11 in the Ore. A corresponding 52% increase or upgrade in the ore head grade was achieved from 0.71% to 1.08% Nd2O3+Pr6O11.

    In the sorted sample diluted with 60% waste material, the ore sorting test work program achieved an upgrade factor of 2.16 taking the feed grade from 0.43% Nd2O3+Pr6O11 to 0.93% Nd2O3+Pr6O11, whilst recovering 90.6% of the Nd2O3+Pr6O11.

    The sorting tests of the sortable fraction showed that the standard commercial Tomra technology was able to successfully sort the Yangibana ore using XRT technology.

    Andrew Reid, Hastings Chief Operating Officer, said "the Yangibana orebody continues to amaze us. Not only with its world-class ratios of Nd2O3+Pr6O11, but now these results have confirmed that ore sorting presents a real and future prospect to gain higher operational efficiencies from the Yangibana Processing Plant"

    Detailed quantitative mineralogy is pending on the ore sorting waste stream. However, the results indicate that the REO rejected in the ore sorter waste stream is not composed heavily with liberated monazite, but rather with low-grade REO intergrowths which would not be recovered in the flotation process. The benefit for the Yangibana project is in removing this barren gangue early in the process flowsheet, with potential benefits gained in streamlining the efficiency of the beneficiation plant.

    The full opportunity for including ore sorting technology into the Yangibana process flowsheet is still being assessed. Based on these testwork results, technical and engineering programs will continue to investigate the benefits that can be realised across the project.

    To view tables and figures, please visit:
    abnnewswire.net

    About Hastings Technology Metals Ltd

    Hastings Technology Metals Ltd ( ASX:HAS) ( FRA:5AM) is a leading Australian rare earths company, with two rare earths projects hosting JORC-compliant resources in Western Australia.

    - The Yangibana Project hosts Probable Reserves totaling 5.15 million tonnes at 1.12% TREO including 0.45% Nd2O3+Pr6O11 within JORC Resources totalling 21.0 million tonnes at 1.17% TREO (comprising Measured Resources of 3.9 million tonnes at 1.19% TREO, Indicated Resources of 8.6 million tonnes at 1.25% TREO and Inferred Resources of 8.4 million tonnes at 1.09% TREO), including 0.40% Nd2O3+Pr6O11.

    - The Brockman deposit contains JORC Indicated and Inferred Resources totalling 41.4 million tonnes (comprising 32.3mt Indicated Resources and 9.1mt Inferred Resources) at 0.21% TREO, including 0.18% HREO, plus 0.36% Nb2O5 and 0.90% ZrO2.

    - Rare earths are critical to a wide variety of current and new technologies, including smart phones, electric vehicles, wind turbines and energy efficient light bulbs.

    - The Company aims to capitalise on the strong demand for rare earths permanent magnets created by expanding new technologies.





    Contact

    Charles Lew
    Chairman
    T: +65-9790-9008 /+61-8-6117-6118

    Link: Bulk Ore Sorting Trial Shows Outstanding Results






    Related Companies

    Hastings Technology Metals Ltd

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    To: LoneClone who wrote (16582)11/25/2019 1:50:43 PM
    From: LoneClone
       of 17268
     
    A.I.S. Resources Arranges Supply of 30,000 Tonnes a Month of Manganese Ore and Commences Sale Negotiations With Erdos Group

    ca.finance.yahoo.com


    November 21, 2019 08:30 ET | Source: A.I.S. Resources Limited
    photo-release


    Figure 1

    Assay Results
    A.I.S. Resources Limited
    Figure 2

    Mine Site
    A.I.S. Resources Limited
    Figure 3

    Manganese Ore Stockpile
    A.I.S. Resources Limited

    VANCOUVER, British Columbia, Nov. 21, 2019 (GLOBE NEWSWIRE) -- A.I.S. Resources Limited (TSX-V – AIS, OTCQB: AISSF) (the “Company” or “AIS”) announced today that the Company has arranged supply of 30,000 tonnes a month of Manganese ore grading 48-52% Mn and has commenced sale negotiations with Erdos Group, one of the world’s largest buyers of Manganese. AIS has issued a term sheet for a trial shipment of 10,000 tonnes of Manganese to Erdos.

    Highlights of the A.I.S. Resources Transaction

  • Erdos Group (Inner Mongolia Eerduosi Resources Co Ltd) is active in metals, energy and textiles. It has a current market value of US$9.5 Billion and operations in Inner Mongolia where most large silicon-manganese producers are located due to the very low cost of power.
  • AIS will be buying on an FOB basis and selling CFR to Tianjin China. Shipping will be out of the Dar es Salaam Port in Tanzania.
  • Our suppliers’ grade is very high assaying at 52% Mn.
  • The trial shipment will gross approximately US$2,000,000 subject to the final CIQ China assay of the Manganese being approximately 50% Mn.
  • AIS will oversee quality control and assay, shipping and other logistics related key processes.
  • Other suppliers have approached AIS about replicating this trading strategy and discussions on supply based on grade have begun.
  • The payment from Erdos will be by letter of credit of which 95% can be processed 10 days after the ship leaves Dar es Salaam.
  • Detailed discussions are being held with trade and project financiers to accommodate the payment of shipping and manganese ore.


  • “The Company is pleased to have found suppliers with such high purity of manganese in the 30,000 tonnes per month range. This will make a considerable difference to the Company’s cashflows when the transaction is completed which we expect will occur in January,” A.I.S. Resources President and CEO, Phillip Thomas, stated.

    About AIS Resources
    A.I.S. Resources Ltd. is a TSX-V listed investment issuer that is managed by experienced, highly qualified professionals who have a long track record of success in lithium and manganese trading, exploration, production and capital markets. Through their extensive business and mining networks, they identify and develop projects worldwide that have strong potential for growth with the objective of providing significant returns for shareholders. The Company's current activities are focused on the mining and trading of manganese ores in Peru, and exploration and development of lithium brine projects in northern Argentina.

    On Behalf of the Board of Directors, A.I.S. Resources Limited

    Phillip Thomas

    President and CEO

    Contact

    Phillip Thomas - President and CEO
    E: pthomas@aisresources.com
    Website: www.aisresources.com

    Martyn Element
    Chairman
    T: 604 687-6820
    E: melement@aisresources.com

    ADVISORY: This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Photos accompanying this announcement are available at:

    globenewswire.com

    globenewswire.com

    globenewswire.com



    Related Articles
    More articles issued by A.I.S. Resources Limited More articles related to: Company Announcement

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    To: LoneClone who wrote (16583)11/25/2019 2:21:27 PM
    From: LoneClone
       of 17268
     
    China’s Rare-Earth Boost Threatens U.S., Australia Growth Plans

    ca.finance.yahoo.com

    Yvonne Yue Li and Jason Scott

    BloombergNovember 24, 2019



    (Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.

    Surging rare-earth production in China is presenting a new challenge to budding efforts in the U.S. and elsewhere to undercut the Asian giant’s dominance in a market for exotic materials used in everything from smartphones to fighter jets.

    China said this month it’s raising its annual mining quota for rare-earths to 132,000 tons, 10% above last year’s record high. It’s a move likely to weigh on global prices, dealing a blow to rivals including the U.S. and Australia, countries that agreed just last week to jointly accelerate new projects in a push to diversify the supply chain.

    If you’re reading this story on a smartphone, you probably have China to thank for it. The Asian nation generates about 70% of mined rare earths and controls 90% of a $4 billion global market for materials used in magnets and motors that power phones, wind turbines, electric vehicles and military hardware.

    With the U.S. and China locked in trade talks, there were fears China may restrict access to the materials. Instead, it is bulking up, potentially pushing companies elsewhere “into a tight cash situation” just as they seek to invest in new projects, said Ryan Castilloux, managing director at critical metals consultancy Adamas Intelligence.

    In the U.S., that puts a target squarely on MP Materials, which runs America’s lone operating rare-earth mine, Mountain Pass in California. The site, which sits less than an hour’s drive from the gambling dens of Las Vegas, resumed sales last year after being mothballed in 2015.

    This year, the company expects to double its output to more than 30,000 tons, or about 15% of the global total, according to a person familiar with the operation who asked not to be named because the information is proprietary.

    Now that production is sent to China to be processed. By the end of next year, though, that could change, according to James Litinsky, chief executive officer of JHL Capital Group LLC, the majority owner of MP Materials.

    The company is working to open its own processing center by then that should be able to handle all of the mine’s production, Litinsky said by telephone. That will allow it to directly market the materials to U.S. manufacturers.

    “If people focus on the short-term supply issues, they miss the bigger picture,” Litinsky said. “Tens of millions of jobs and trillions of dollars of downstream GDP, that’s what the Chinese are after.”

    What the U.S. wants is “a level playing field,“ Litinsky added. “We’re concerned China takes predatory actions with pricing and supply.”

    Rare earths are 17 chemically related elements that have magnetic and fluorescent properties. They include the tough-to-spell neodymium and praseodymium-- used in high-power magnets -- and yttrium, used in targeting systems. While they’re not as rare as gold or silver, the elements aren’t often found in large volumes and require intensive processing to produce materials for end users.

    The Chinese government decided 30 years ago to make rare earths into a strategic material and ban foreigners from mining them. As the largest producer of both the minerals and magnets, China is drawing support from electric-vehicle makers including Tesla Inc., which has built a Gigafactory on the outskirts of Shanghai, and Ford Motor Co., which is considering making its new electric Mustang Mach-E in China.

    President Donald Trump in July ordered the U.S. Defense Department to spur production of a range of rare-earth magnets used in military hardware amid concerns China could, at any time, restrict exports of the products. U.S. Geological Survey scientists have also visited projects in Australia in the past year, including Northern Minerals Ltd.’s Browns Range development.

    Malaysia-based Lynas Corp., the largest supplier of rare earths outside China, held discussions with both the U.S. defense department and the Defense Logistics Agency, the producer said in August. The company, with a mine in Australia and a major processing plant in eastern Malaysia, is advancing plans to add a facility in Texas, Chief Executive Officer Amanda Lacaze said last month.

    Meetings this month between U.S. and Australian officials have formalized a partnership intended to bolster supply of rare-earths and other critical minerals from outside China. Export finance agencies in the nations will consider new measures to help accelerate mine projects, Australia’s Resources Minister Matt Canavan said in a Wednesday statement.

    Developers in a raft of countries from Greenland to India are also seeking to build new operations but have made slow progress amid limited access to funding and price fluctuations. Lynas, which began production in 2013 and is now the world’s second-biggest supplier, recorded a first annual profit only last year.

    “There is a genuine need to fund greenfield projects” to diversify global supply with Lynas currently the only major producer outside China, said Dylan Kelly, a Sydney-based analyst at Ord Minnett Ltd. “The world is littered with projects that have tried to get up but have failed miserably.”

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    To: LoneClone who wrote (16584)11/27/2019 11:48:12 AM
    From: LoneClone
       of 17268
     
    [Lithium]

    American Manganese Begins Negotiations with Kemetco Research on the Preliminary Engineering Design and Economic Analysis of a Commercial Demonstration Recycling Plant for Lithium-ion Battery Material

    Commercial Demonstration Plant Planned to Have a Processing Capacity of 3 Tonnes of Cathode Scrap per Day

    accesswire.com

    Wednesday, November 27, 2019 3:30 AM

    SURREY, BC / ACCESSWIRE / November 27, 2019 / American Manganese Inc. (TSXV:AMY)(OTC:AMYZF)(FSE:2AM) ("AMY" or the "Company") is pleased to report that negotiations have begun with Kemetco Research on the preliminary engineering design and economic analysis of a Commercial Demonstration recycling plant with a planned processing capacity of 3 tonnes of cathode scrap material per day.

    With the successful design, commissioning, and testing of the RecycLiCoTM Pilot Plant project, Kemetco Research would begin preliminary engineering design and economic analysis for the Commercial Demonstration plant utilizing the multiple data points and optimization strategies observed throughout the Pilot Plant project. Subsequently, American Manganese will be engaging Kemetco for detailed engineering plans.

    "When we first engaged Kemetco, in 2016, to begin lab-scale research on a lithium-ion battery recycling technology, Norm Chow and his brilliant team of scientists weren't just solving a problem on a lab-scale because they always considered the scalability of the process," said Larry Reaugh, President and CEO of American Manganese. "We have always been aiming towards turning this technology into a profitable enterprise with a global clientele."

    About Kemetco Research Inc.

    Kemetco Research is a private sector integrated science, technology and innovation company. Their Contract Sciences operation provides laboratory analysis and testing, field work, bench scale studies, pilot plant investigations, consulting services, applied research and development for both industry and government. Their clients range from start-up companies developing new technologies through to large multinational corporations with proven processes.

    Kemetco provides scientific expertise in the fields of Specialty Analytical Chemistry, Chemical Process and Extractive Metallurgy. Because Kemetco carries out research in many different fields, it can offer a broader range of backgrounds and expertise than most laboratories.

    About American Manganese Inc.

    American Manganese Inc. is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCoTM Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum at battery-grade purity, with minimal processing steps. American Manganese Inc. aims to commercialize its breakthrough RecycLiCoTM Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.

    On behalf of Management

    AMERICAN MANGANESE INC.

    Larry W. Reaugh
    President and Chief Executive Officer
    Telephone: 778 574 4444
    Email: lreaugh@amymn.com


    www.americanmanganeseinc.com
    www.recyclico.com


    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements", which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

    SOURCE: American Manganese Inc.


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