Thunder Bay | Jotup

Rock Tech Amends and Closes Option Agreement on Boston Lake Claims in Thunder Bay Mining District

Retrieved on:

Tuesday, July 11, 2023

Lithium, Agreement, TSX Venture Exchange, WKN, Thunder Bay, CAD, NSR, FWB, Good, TSX

VANCOUVER, BC, July 11, 2023 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") announces that, further to its press release issued on May 25, 2023, the TSX Venture Exchange (the "TSX:V") pre-approved the option agreement, as amended on June 29, 2023, (the "Agreement"), following which the Company has been granted the option to acquire a 100% undivided interest in the unpatented mining claims associated with the property of in total 6,150 hectares in the Thunder Bay Mining District of Ontario (the "Boston Lake Claims").

Key Points:

VANCOUVER, BC, July 11, 2023 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") announces that, further to its press release issued on May 25, 2023, the TSX Venture Exchange (the "TSX:V") pre-approved the option agreement, as amended on June 29, 2023, (the "Agreement"), following which the Company has been granted the option to acquire a 100% undivided interest in the unpatented mining claims associated with the property of in total 6,150 hectares in the Thunder Bay Mining District of Ontario (the "Boston Lake Claims").
During the three-year term of the Agreement, Rock Tech will make annual cash payments totaling 175,000 CAD and must incur aggregated exploration expenditures in the amount of 350,000 CAD in stages.
The Agreement provides for a payment of 2 % net smelter return royalties (NSR) equalling to 2 % of the net value of products mined and removed from the property to the optionor.
Provided by the terms of the Agreement, Rock Tech has the right at any time to purchase from the optionor 1% of the 2% royalties by way of a one-time payment of 1,000,000 CAD.

Usha Resources Discovers Evolved Lithium-Cesium-Tantalum System at the Gathering Lake Lithium Pegmatite Project

Retrieved on:

Tuesday, June 6, 2023

The identification of beryl and tantalum is a key finding that confirms that the Gathering Lake Project has a highly evolved LCT–system.

Key Points:

The identification of beryl and tantalum is a key finding that confirms that the Gathering Lake Project has a highly evolved LCT–system.
This is the third project the Company has optioned where it has confirmed a potential spodumene-bearing system.
The regional airborne radiometric potassium intensity signature for the Georgia Lake pegmatite field indicates that the spodumene pegmatites occur in medium low potassium intensity, a finding that is also observed on the Gathering Lake Project.
"We are thrilled with these initial findings at Gathering Lake," said Deepak Varshney, CEO of Usha Resources.

Rock Tech Options Additional Property in Thunder Bay Mining District and Appoints Strategic Advisor for Georgia Lake Project

Retrieved on:

Thursday, May 25, 2023

Lithium, Agreement, Partnership, WKN, Capital market, Thunder Bay, CAD, Boston, Thunder Bay District, PFS, FWB, Good, Footprint, Mining, CIBC, Mineral Resources Limited, Rare-earth element

Robert MacDonald, General Manager at Rock Tech's mining entity, noted: "As leaders in lithium exploration in the Thunder Bay Area, Rock Tech is keen to add to its land position with perspective properties.

Key Points:

Robert MacDonald, General Manager at Rock Tech's mining entity, noted: "As leaders in lithium exploration in the Thunder Bay Area, Rock Tech is keen to add to its land position with perspective properties.
The Georgia Lake Project contains over 50% of the published Mineral Resources in the Thunder Bay District and the Boston Lake mining claims offer an exciting opportunity to expand our exploration footprint."
CIBC will work closely with Rock Tech to ensure we find the strongest strategic partnership to develop our Georgia Lake asset.
press release "Rock Tech Lithium completes Pre-Feasibility Study for its Georgia Lake Project", issued November 15, 2022
On behalf of the Board of Directors,

Rock Tech Initiates 2023 Exploration Drilling Program to expand the Georgia Lake Resource Potential, Targeting extensions to the MZN and McVittie Spodumene Pegmatites

Retrieved on:

Tuesday, March 7, 2023

Lithium, MZN, Nipigon, McVittie, WKN, Resource, Thunder Bay, FWB, International Continental Scientific Drilling Program, Rare-earth element, Mining

"It is our aim for 2023 to unlock the exploration potential of our Georgia Lake Project by advancing our drilling and prospecting activities across the land package.

Key Points:

"It is our aim for 2023 to unlock the exploration potential of our Georgia Lake Project by advancing our drilling and prospecting activities across the land package.
Rock Tech intends to increase its total mineral resources at its 100% owned Georgia Lake project during 2023 and 2024.
The exploration drilling will include targeted drilling, aimed at expanding the existing Spodumene mineralization at Main Zone North (MZN) and McVittie deposits.
FIGURE 1 | Map showing location of focus areas for Phase I of the 2023 Drilling Program at Rock Tech's Georgia Lake project.

US Lithium Mining Market Poised To Grow At A Sustainable This Year as Lithium Demand Skyrockets

Retrieved on:

Thursday, February 9, 2023

PALM BEACH, Fla., Feb. 9, 2023 /PRNewswire/ -- Lithium is a highly efficient energy storage medium used in virtually all batteries currently powering electric vehicles as well as consumer electronics. Today, lithium is one of the most important minerals when it comes to the production of electric vehicles. Lithium-ion batteries are light, powerful and take less space than other battery types. Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral. In 2021 alone, global lithium production was 100,000 metric tons. By 2025, that number is projected to increase to 200,000 million tons. The global energy transition marathon and its demand for electric vehicles sent lithium demand into overdrive in 2022. Prices for the energy-savvy metal surged around the world over the past year, dragging lithium stocks on a bumpy ride. Now, analysts are reporting some more bearish views for 2023. A recent report from SkyQuest projected that the Global Lithium mining market, which was valued at USD 340 Million in 2021, is expected to reach a value of USD 494.59 Million by 2028, at a CAGR of 5.5% over the forecast period (2022-2028) and that the US Lithium Mining Market is poised to grow at a sustainable CAGR for the next forecast year. It continued saying that there is a growing demand for lithium around the world. "As more carmakers move away from traditional battery types and toward electric vehicles, they will need more lithium-ion batteries in order to power their vehicles." Active Companies in the markets today include Century Lithium Corp. (OTCQX: CYDVF) (TSXV: LCE), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ:AMLI) (TSX-V:LI), Rock Tech Lithium Inc. (OTCQX: RCKTF) (TSX-V: RCK).

Key Points:

Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral.
The global energy transition marathon and its demand for electric vehicles sent lithium demand into overdrive in 2022.
Prices for the energy-savvy metal surged around the world over the past year, dragging lithium stocks on a bumpy ride.
"Global lithium mining market is forecast to grow significantly in the next decade thanks to increased demand from automotive and battery industries.

US Lithium Mining Market Poised To Grow At A Sustainable This Year as Lithium Demand Skyrockets

Retrieved on:

Thursday, February 9, 2023

PALM BEACH, Fla., Feb. 9, 2023 /PRNewswire/ -- Lithium is a highly efficient energy storage medium used in virtually all batteries currently powering electric vehicles as well as consumer electronics. Today, lithium is one of the most important minerals when it comes to the production of electric vehicles. Lithium-ion batteries are light, powerful and take less space than other battery types. Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral. In 2021 alone, global lithium production was 100,000 metric tons. By 2025, that number is projected to increase to 200,000 million tons. The global energy transition marathon and its demand for electric vehicles sent lithium demand into overdrive in 2022. Prices for the energy-savvy metal surged around the world over the past year, dragging lithium stocks on a bumpy ride. Now, analysts are reporting some more bearish views for 2023. A recent report from SkyQuest projected that the Global Lithium mining market, which was valued at USD 340 Million in 2021, is expected to reach a value of USD 494.59 Million by 2028, at a CAGR of 5.5% over the forecast period (2022-2028) and that the US Lithium Mining Market is poised to grow at a sustainable CAGR for the next forecast year. It continued saying that there is a growing demand for lithium around the world. "As more carmakers move away from traditional battery types and toward electric vehicles, they will need more lithium-ion batteries in order to power their vehicles." Active Companies in the markets today include Century Lithium Corp. (OTCQX: CYDVF) (TSXV: LCE), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ:AMLI) (TSX-V:LI), Rock Tech Lithium Inc. (OTCQX: RCKTF) (TSX-V: RCK).

Key Points:

Tesla, Panasonic and other car manufacturers in the global lithium mining market are betting big on this mineral.
The global energy transition marathon and its demand for electric vehicles sent lithium demand into overdrive in 2022.
Prices for the energy-savvy metal surged around the world over the past year, dragging lithium stocks on a bumpy ride.
"Global lithium mining market is forecast to grow significantly in the next decade thanks to increased demand from automotive and battery industries.

Graphic Novel from Grom’s Curiosity Ink Media and Dynamite Entertainment – Thunderous – Chosen by Montana Literary Community as Feature Selection in 2022 Montana State Book Festival

Retrieved on:

Friday, July 29, 2022

BOCA RATON, Fla., July 29, 2022 (GLOBE NEWSWIRE) -- Thunderous, the recently released graphic novel from Grom Social Enterprises, Inc.s (NASDAQ: GROM) Curiosity Ink Media, will take center stage at the 2022 Montana Book Festival taking place in Missoula, September 15-18.

Key Points:

BOCA RATON, Fla., July 29, 2022 (GLOBE NEWSWIRE) -- Thunderous, the recently released graphic novel from Grom Social Enterprises, Inc.s (NASDAQ: GROM) Curiosity Ink Media, will take center stage at the 2022 Montana Book Festival taking place in Missoula, September 15-18.
The selection of Thunderous in the festival was confirmed today by Groms CEO, Darren Marks.
All of us at Grom and Curiosity Ink Media are so proud to see Thunderous gain the type of literary recognition it richly deserves, explains Marks.
We hope this is just the beginning for Thunderous and are so grateful to the organizers of the Montana Literary community for sharing the spotlight with Thunderous at this years festival.

Ultra Lithium Starts Drilling at the Georgia Lake Lithium Property

Retrieved on:

Tuesday, July 5, 2022

VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT, OTCQB: ULTXF, Frankfurt: QFB) (Ultra Lithium or the Company) announces that the Company as operator has signed a drilling contract with Niigaani Drilling Incorporated to carry out 2,095 metres of diamond drilling at the Georgia Lake Lithium Property.

Key Points:

VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT, OTCQB: ULTXF, Frankfurt: QFB) (Ultra Lithium or the Company) announces that the Company as operator has signed a drilling contract with Niigaani Drilling Incorporated to carry out 2,095 metres of diamond drilling at the Georgia Lake Lithium Property.
The Company owns a 40% interest in North Canada Lithium Corp. (NCLC) which holds the Georgia Lake and Forgan Lake lithium properties.
The exploration work will be carried out on the Jean Lake and the Georgia Lake claim blocks (see attached claim map Fig.
The Company holds a brine lithium property in Argentina, hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.

Ultra Lithium Closes Sale of 60% of Georgia Lake and Forgan Lake Properties to Yahua and Enters Joint Venture

Retrieved on:

Tuesday, May 10, 2022

The Joint Venture (JV) with Yahua holding a 60% and Ultra Lithium holding a 40% interest has been formed.

Key Points:

The Joint Venture (JV) with Yahua holding a 60% and Ultra Lithium holding a 40% interest has been formed.
We want to closely work with the local communities to develop the Georgia Lake / Forgan Lake properties with financial backing of a large lithium producer in the world.
The Board of Directors of the JV will have five members, three of whom will be nominated by Yahua International and two by Ultra Lithium.
The Company holds a brine lithium property in Argentina, and hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.

Metallica Metals to Webcast Live at VirtualInvestorConferences.com May 5th

Retrieved on:

Monday, May 2, 2022

Canadian Securities Exchange, Company, Metallica, Thunder Bay, PGM, VIC, Security (finance)

Metallica Metals Corp. is a Canadian junior mining company listed on the Canadian Securities Exchange (CSE) and its common shares trade under the ticker symbol MM.

Key Points:

Metallica Metals Corp. is a Canadian junior mining company listed on the Canadian Securities Exchange (CSE) and its common shares trade under the ticker symbol MM.
The Company is focused on acquiring and exploring gold-silver and platinum group metal (PGM) properties across Canada.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access.
Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.