Friday, December 22, 2023

New Investor Ideas in Mining Stocks - (TSX: $AYA.TO) (TSXV: $ZNG.V) (TSXV: $GXX.V) (TSXV: $STUD.V)

New Investor Ideas in Mining Stocks - (TSX: $AYA.TO) (TSXV: $ZNG.V) (TSXV: $GXX.V) (TSXV: $STUD.V) 

 

Also CSE, ASX and LSE listed Mining Stocks – (CSE: $CUAU.C) (CSE: $CNCO.C) (CSE: $BYRG.C) (CSE: $VLTA.C) (ASX: NYM) (LSE: ECOR)

 



 

 

December 22, 2023 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Mining. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2023/main/12221Stocks.asp

 

The newest mining companies are involved in mineral explorations including Gold, Silver REE’s, Lithium, Uranium and Cobalt.

 

New Stocks Added the Mining Directories:

Aya Gold & Silver Inc. (OTCQX:AYASF;TSX:AYA) is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco. The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya's Moroccan mining assets are complemented by its Tijirit Gold Project in Mauritania, which is being advanced to feasibility. Aya's management team has been focused on maximising shareholder value by anchoring sustainability at the heart of its operations, governance, and financial growth plans.

 

Group Eleven Resources Corp. (OTCPink:GRLVFTSXV:ZNG) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland. Group Eleven announced the Ballywire discovery in September 2022. Key intercepts to date include: (i) 3.3m of 12.5% Zn+Pb and 48 g/t Ag (G11-468-01), (ii) 10.8m of 10.0% Zn+Pb and 109 g/t Ag (G11-468-03); (iii) 10.1m of 8.6% Zn+Pb and 46 g/t Ag (G11-468-06); and (iv) 10.5m of 14.7% Zn+Pb, 399 g/t Ag and 0.31% Cu (G11-468-12). The Company's two largest shareholders are Glencore Canada Corp. (20.8% interest) and Michael Gentile (16.5%).

 

Forte Minerals Corp. (CSE: CUAU) a junior exploration company with blended assets in partnership with GlobeTrotters Resources PerĂº SAC, has built a robust portfolio of high-quality copper and gold assets in Peru. The Company strategically focuses on advancing early-stage prospects through to drill-ready targets, combined with a historically discovered and drilled porphyry system for developing copper and gold resources. In conjunction with its resource focus, Forte is deeply committed to community engagement, environmental stewardship, and fulfilling its societal responsibilities.

 

Core Nickel Corp. (CSE:CNCO) is a junior nickel exploration company that controls 100% of approximately 150,000 hectares of exploration ground in the prolific Thompson Nickel Belt (TNB) in Northern Manitoba, Canada, which is proximal to existing infrastructure such as highways and operating mills. Core Nickel has a large contiguous land package in the northern part of the TNB that hosts the Mel deposit, which is approximately 20 km northwest of the City of Thompson. The Mel deposit has a historical NI-43-101 resource estimation with an indicated resource of 4.3 million tonnes at 0.875% nickel, equating to 82.5 million lbs contained Nickel, and a historically inferred resource estimate of 1.0 million tonnes at 0.839% nickel, equating to 18.7 million pounds of contained Nickel. The company also holds two properties in the southern TNB, which hosts known elevated nickel mineralization that is proximal to existing nickel deposits, mills, and other infrastructure.

 

Bayridge Resources Corp. (CSE:BYRG) is a mining exploration company concentrating on battery metals projects. Currently, the company operates a lithium exploration project in Ontario, the Sharpe Lake property.

 

Volta Metals Ltd. (CSE: VLTA) is a mineral exploration company focused on lithium, cesium, and tantalum and is based in Toronto, Ontario. It has optioned and is currently exploring a critical minerals portfolio of lithium, cesium, and tantalum projects in northwestern Ontario, which is considered to be one of the most prolific, emerging hard-rock lithium districts in the world.

 

Narryer Metals (ASX: NYM) is an ASX-listed exploration company with a primary focus on the discovery of critical minerals, including lithium, Ni-Cu-PGEs and Rare Earths in Australia and Canada.

 

Gold Basin Resources (TSXV:GXXOTC:GXXFF) is advancing the 42 km2 Gold Basin Project, located in the tier one mining jurisdiction of Mohave County, Arizona. Gold Basin is accessible year-round via a 1.5-hour-drive on I-93 Highway southwest of Las Vegas, and high-power electrical lines from the Hoover Dam crosscut the southern Project area. The immediate focus of Gold Basin’s highly experienced technical team is to expand and delineate multiple at-surface oxide gold deposits and prove the project’s district-scale

potential.

 

Ecora Resources PLC (OTCQX: ECRAFLSE: ECOR) is a leading royalty company focused on supporting the supply of commodities essential to creating a sustainable future. Our vision is to be globally recognised as the royalty company of choice synonymous with commodities that support a sustainable future by continuing to grow and diversify our royalty portfolio in line with our strategy. We will achieve this through building a diversified portfolio of scale over high quality assets that drives low volatility earnings growth and shareholder returns. The mining sector has an essential role to play in the energy transition, with commodities such as copper, nickel and cobalt - key materials for manufacturing batteries and electric vehicles. Copper also plays a critical role in our electricity grids. All these commodities are mined and there are not enough mines in operation today to supply the volume required to achieve the energy transition. Our strategy is to acquire royalties and streams over low-cost operations and projects with strong management teams, in well-established mining jurisdictions. Our portfolio has been reweighted to provide material exposure to this commodity basket and we have successfully transitioned from a coal orientated royalty business in 2014 to one that by 2026 will be materially coal free and comprised of over 90% exposure to commodities that support a sustainable future. The fundamental demand outlook for these commodities over the next decade is very strong, which should significantly increase the value of our royalty portfolio.

 

Stallion Uranium Corp. (OTCQB: STLNFTSXV: STUD) is working to Fuel the Future with Uranium through the exploration of over 3,000 sq/km in the Athabasca Basin, home to the largest high-grade uranium deposits in the world. The company holds the largest contiguous project in the Western Athabasca Basin adjacent to multiple high-grade discovery zones. Our leadership and advisory teams are comprised of uranium and precious metals exploration experts with the capital markets experience and the technical talent for acquiring and exploring early-stage properties. Stallion offers optionality with two gold projects in Idaho and Nevada that neighbour world class gold deposits offering exposure to upside potential from district advancement with limited capital expenditures.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

 

Contact Investorideas.com to be added to our stock directories or learn more about us

Dawn Van Zant and Cali Van Zant

 

800 665 0411 


 

 


 

 

 

 

 

 

 

 

Thursday, December 21, 2023

Solar Stock News - SinglePoint (Cboe: $SING) CEO Releases Shareholder Letter Overviewing 2023 and Successful Listing on Cboe BZX Exchange; @_Singlepoint_

Solar Stock News - SinglePoint (Cboe: $SING) CEO Releases Shareholder Letter Overviewing 2023 and Successful Listing on Cboe BZX Exchange; @_Singlepoint_

 

Successfully Uplisted to Cboe BZX Exchange December 15, 2023

 

Year to Date Revenue Crossing $30 million

 

Completed $4,000,000 Underwritten Offering Capital Raise

 

 


PHOENIX, AZ - December 21, 2023 (Investorideas.com Newswire) SinglePoint Inc. (Cboe:SING) a leading renewable solar energy and sustainable solutions provider releases shareholder letter overviewing 2023 and Successful listing on Cboe BZX Exchange.

 

Read this news, featuring SING in full at https://www.investorideas.com/news/2023/renewable-energy/12211SING-Cboe-BZX-Exchange.asp

Dear Shareholders,

As we approach the end of a tough yet remarkable year, I am pleased to share a comprehensive overview of Singlepoint Inc.'s significant strides and achievements for 2023. This year has been pivotal in our journey, marked by our largest success to date, becoming a listed Company on the Cboe Global Market BZX Exchange. This amongst additional milestones and significant improvements in financial performance, underscores our commitment to achieving the goals we set forth.

 

Strategic Uplisting to Cboe BZX Exchange

One of the most noteworthy developments this year has been our transition from the OTCQB market to the Cboe BZX Exchange. Commencing December 15, 2023, SinglePoint Inc. began trading under the ticker symbol (SING). This move is not just a milestone in our corporate evolution, it represents our commitment to growth, increased transparency, and making our Company more accessible to a broader range of investors, including institutional participants. This single accomplishment paves the way for SinglePoint to accelerate the acquisition strategy we have defined over the last 18 months. Becoming a listed Company eliminates what has historically been our most significant barrier to executing our strategy.

 

I am confident in saying 2024 will be SinglePoints' best year to date. It was an honor to participate in the opening bell ceremony at the Cboe Global Markets Exchange on December 15, 2023. This momentous occasion not only symbolized our successful listing but also highlighted our expanding presence in the renewable energy sector.

 

Financial Highlights and Growth Trajectory

Our financial performance in 2023 has been nothing short of exceptional. In the second quarter, we achieved a record-breaking 79% increase in revenue, totaling $8,149,480 compared to $4,534,681 in the same period of 2022. This is a testament to our teams and the effort they continue to put in through what has been a tumultuous year in both solar and the over markets. We expect to see continued organic growth, with acquisitions driving accelerated growth numbers.

 

Furthermore, our performance in the third quarter continued this positive trajectory. We reported a gross revenue of $6,914,934 for the quarter ending September 30, 2023. Our year-to-date revenue nearing $21 million is a clear indication of our consistent performance and successful execution of our strategic business plans.

 

Looking Ahead

As we reflect on these significant achievements, it's clear that 2023 has been a transformative year for SinglePoint Inc. Our uplisting to the Cboe BZX Exchange, participation in the Cboe opening bell ceremony, and the strong financial results are clear indicators of our dedication and fortitude. We are poised for continued success in the renewable energy sector and anticipate sustaining this momentum in the forthcoming years.

I would like to express my sincere gratitude for your continued support and belief in SinglePoint Inc. We remain steadfast in our commitment to delivering value and look forward to sharing our ongoing progress with you.

 

Wil Ralston

CEO, SinglePoint Inc.

 

Contact

SinglePoint Inc.

888-682-7464

info@singlepoint.com

 

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, besides statements of fact included in this release, including, without limitation, statements regarding revenue projections, financing opportunities, potential plans and objectives of the Company, anticipated growth, and future expansion, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

 

Technical and other complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. Disclosure: SinglePoint (Cboe:SING) is a paid featured solar stock on Investorideas - news publication and content creation effective December 21,2023 More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 



Renewable Energy Stocks: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 

 

Tuesday, December 19, 2023

Rare Earth Element stocks get attention in Reuters article - Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF); @defensemetals

Rare Earth Element stocks get attention in Reuters article - Media Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF); @defensemetals

 

December 19, 2023: (Investorideas.com Newswire, Mining / Metals / Green Energy Stock news) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) was recently featured in an article in  Reuters ‘  Western start-ups seek to break China's grip on rare earths refining’.

 

Read this media alert featuring DEFN in full at https://www.investorideas.com/news/2023/mining/12191DEFN-Reuters.asp

 

Read the full article on Reuters:

https://www.reuters.com/sustainability/climate-energy/western-start-ups-seek-break-chinas-grip-rare-earths-refining-2023-12-04/

 

Read the article on Taipei Times

https://www.taipeitimes.com/News/biz/archives/2023/12/10/2003810391

 

Ernest Scheyder, Thomson Reuters

 

Excerpt

Rare earths are a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones and other electronics. While U.S. scientists helped develop solvent extraction for rare earths in the 1950s, radioactive waste from the process gradually made it unpopular in the United States.

 

China began to rapidly expand in the industry starting during the 1980s and now controls 87% of global rare earths refining capacity, according to the International Energy Agency. That prowess has helped propel the country's economy to the second-largest in the world.

Rare earths miners increasingly say they are content to focus on digging up rock - rather than compounding their operations with the added step of processing.

 

Emerging Western rivals now offer the tantalizing prospect of processing the minerals in faster, cleaner and cheaper ways, if they can successfully launch.

 

"Mining companies should focus on finding new deposits," said Luisa Moreno, president of Defense Metals (DEFN.V), which aims to open a rare earths mine in British Columbia within four years and is interested in licensing Ucore's technology. "You probably should let refining be handled by others that specialize in that."

 

On a former U.S. Air Force base in Louisiana, Ucore Rare Metals (UCU.V) aims to process rare earths by mid-2025 using a technology known as RapidSX that it says is at least three times faster than solvent extraction, produces no hazardous chemical waste and requires only a third of the physical space.

 

"Our goal is to re-establish a North American rare earths supply chain," Michael Schrider, Ucore's chief operating officer, said during a visit to the site.

 

Formed in 2006, Ucore initially planned to mine a rare earths deposit in Alaska. But the company changed tack in 2022 to focus on refining, not mining, a pivot born from what two executives said they saw as a flaw in the West's strategy to weaken China's minerals dominance by trying to master both steps simultaneously.

 

Ucore, which has been testing its process with Pentagon funding, is in talks now with 17 mining companies to buy lightly processed supplies of rare earths known as concentrate, ship them to the Port of New Orleans, then truck them to a 80,800-square foot warehouse that will be outfitted with the RapidSX technology beginning in January.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element project located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB, and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit:

http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

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.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to completion of the PFS and the expected timelines, advancing the Wicheeda REE Project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its 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. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. 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, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure this DEFN news is a paid news release on investorideas.com - learn more about costs and services https://www.investorideas.com/News-Upload/

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

About Investorideas.com

https://www.investorideas.com/About/

 

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

 

Renewable Energy Stocks: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 

Mining Sector Stocks- investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory  Get News Alerts on Mining Stocks

 

 

Monday, December 18, 2023

REE Media Alert - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Featured in Reuters article ‘Western start-ups seek to break China's grip on rare earths refining’ @defensemetals

 


 

REE Media Alert - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Featured in Reuters article ‘Western start-ups seek to break China's grip on rare earths refining’ @defensemetals

 

December 18 2023: (Investorideas.com Newswire, Mining / Metals / Green Energy Stock news) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) was recently featured in an article in  Reuters ‘  Western start-ups seek to break China's grip on rare earths refining’.

 

Read this media alert featuring DEFN in full at https://www.investorideas.com/news/2023/mining/12181DEFN-Western-Start-Ups.asp

 

Read the full article on Reuters:

https://www.reuters.com/sustainability/climate-energy/western-start-ups-seek-break-chinas-grip-rare-earths-refining-2023-12-04/

 

Read the article on Taipei Times

https://www.taipeitimes.com/News/biz/archives/2023/12/10/2003810391

 

Ernest Scheyder, Thomson Reuters

 

Excerpt

Rare earths are a group of 17 metals used to make magnets that turn power into motion for electric vehicles, cell phones and other electronics. While U.S. scientists helped develop solvent extraction for rare earths in the 1950s, radioactive waste from the process gradually made it unpopular in the United States.

 

China began to rapidly expand in the industry starting during the 1980s and now controls 87% of global rare earths refining capacity, according to the International Energy Agency. That prowess has helped propel the country's economy to the second-largest in the world.

Rare earths miners increasingly say they are content to focus on digging up rock - rather than compounding their operations with the added step of processing.

 

Emerging Western rivals now offer the tantalizing prospect of processing the minerals in faster, cleaner and cheaper ways, if they can successfully launch.

 

"Mining companies should focus on finding new deposits," said Luisa Moreno, president of Defense Metals (DEFN.V), which aims to open a rare earths mine in British Columbia within four years and is interested in licensing Ucore's technology. "You probably should let refining be handled by others that specialize in that."

 

On a former U.S. Air Force base in Louisiana, Ucore Rare Metals (UCU.V) aims to process rare earths by mid-2025 using a technology known as RapidSX that it says is at least three times faster than solvent extraction, produces no hazardous chemical waste and requires only a third of the physical space.

 

"Our goal is to re-establish a North American rare earths supply chain," Michael Schrider, Ucore's chief operating officer, said during a visit to the site.

 

Formed in 2006, Ucore initially planned to mine a rare earths deposit in Alaska. But the company changed tack in 2022 to focus on refining, not mining, a pivot born from what two executives said they saw as a flaw in the West's strategy to weaken China's minerals dominance by trying to master both steps simultaneously.

 

Ucore, which has been testing its process with Pentagon funding, is in talks now with 17 mining companies to buy lightly processed supplies of rare earths known as concentrate, ship them to the Port of New Orleans, then truck them to a 80,800-square foot warehouse that will be outfitted with the RapidSX technology beginning in January.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element project located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB, and in Germany on the Frankfurt Exchange under “35D”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit:

http://www.discoverygroup.ca/

 

For further information, please visit www.defensemetals.com or contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

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.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward–looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to completion of the PFS and the expected timelines, advancing the Wicheeda REE Project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its 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. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR at www.sedarplus.ca. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. 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, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure this DEFN news is a paid news release on investorideas.com - learn more about costs and services https://www.investorideas.com/News-Upload/

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

About Investorideas.com

https://www.investorideas.com/About/

 

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

 



Renewable Energy Stocks: investing ideas in renewable energy stocks

Like Renewable Energy Stocks? View our Renewable Energy Stocks Directory

Get News Alerts on Renewable Energy Stocks

 




Mining Sector Stocks- investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory

a  Get News Alerts on Mining Stocks