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Tartisan Nickel Corp. $TN.ca Acquires Additional Nickel-Copper Claims in Northwest Ontario $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca $FPC.ca $NICO.ca

Posted by AGORACOM-Eric at 9:37 AM on Tuesday, October 27th, 2020
Tc logo in black
  • Hole ND-10-03 intersected 4.53% Ni, within a larger interval averaging 1.02% Ni, 0.38% Cu over 4 metres.
  • The mineralization remains open along strike and to depth.
  • Claims previously owned by Canadian Arrow Mines Limited in 2010

TORONTO, ON / ACCESSWIRE / October 27, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that the Company has acquired the Night Danger, Glatz nickel-copper claims located in the Turtle Pond Project area near Dryden, Ontario.

The Company has acquired a 100% interest in the Glatz, Night Danger Nickel-Copper Claims located approximately 70 kms from the Company’s flagship Kenbridge Nickel Deposit. The property is situated in an area of excellent infrastructure and consists of 16 claim units. The 16 claim unit property hosts the historical Glatz and Night Danger nickel-copper showings. Previous exploration efforts identified nickel-copper sulphide mineralization in twelve trenches along a 700 metre trend at the Glatz nickel copper showing. The zone, discovered in 1965 by local prospector A. Glatz, is up to 40 metres wide and is open along strike and at depth. Historical grab samples were reported to contain up to 1.95% Ni. In 2007, Canadian Arrow Mines Limited conducted a surface grab sampling program which produced the following results: 1.28% Ni, 0.26% Cu re Glatz Trench 3; 0.99% Ni, 0.18% Cu re Glatz Trench 3; 0.39% Ni, 4.06% Cu re Trench 4. The mineralization varies from disseminated sulphides to narrow semi-massive sulphide bands. Six short drill holes were completed at that time with hole GZ-09-02 encountering 0.34% Ni, 0.16% Cu and 0.02% Co over 5.9 m from 45.0-50.9 m.

Exploration diamond drilling work completed in 2009 and 2010 on the Night Danger nickel-copper showing reported a nine metre wide section of stringers and blebs of sulphide which assayed 0.57% Ni and 0.45% Cu at a drill depth of 79m in hole ND-09-1. Two sections within this interval assayed greater than 1% nickel. Drill hole ND-10-1 intersected 4.53% Ni over 0.7m at a drill depth of 57.5m (Source; MNDM assessment files and Canadian Arrow Mines Limited news release dated June 1, 2010).

Mark Appleby, President and CEO of Tartisan stated, “The Glatz and Night Danger nickel-copper showings display similar nickel and copper tenors as what we find near surface at our Kenbridge Nickel Deposit. Acquisition of these showings complements the company’s larger objective of developing the Kenbridge Nickel Deposit into an operating mine with a central milling facility.”

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in northwestern Ontario; the Sill Lake Silver property in Sault Ste. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru. The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel and Technologies Limited and Peruvian Metals Corp.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there are 101,603,550 shares outstanding (107,203,550 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Lomiko $LMR.ca Talks Up Biden’s Critical Mineral Plans $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 9:29 AM on Monday, October 26th, 2020

Lomiko Metals Inc. is focused on the exploration and development of graphite for the new green economy. Lomiko has been monitoring emerging legislation aimed at reducing dependence on Chinese supply of graphite, lithium and other electric vehicle battery materials. One hundred per cent of graphite is currently imported to the United States as there are no domestic graphite mines able to produce material for graphite anodes used in electric vehicles. Please also refer to news releases dated Sept. 9, 2020, and Oct. 7, 2020, related to changing government policies regarding critical minerals.

U.S. Election Bonus for Critical Minerals Mining

In a boon for the critical minerals mining industry, former vice-president and current presidential frontrunner Joe Biden’s campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter.

Mr. Biden, who served as Barack Obama’s vice-president and is well regarded in conservation circles, has been expected to continue in that vein. The U.S. Democratic presidential candidate also supports bipartisan efforts to foster a domestic supply chain for graphite, lithium, copper, rare earths, nickel and other strategic materials that the United States imports from China and other countries, the sources said. Mr. Biden is also well regarded by the Canadian government on issues of mining and green energy which has a Canada-U.S. supply strategy agreement.

On Sept. 28, 2020, Canadian ministers discussed opportunities to drive Canada’s natural resources advantage by building on Canada’s strong environmental, social and governance performance record to attract investment, generate new value chains and create job opportunities across Canada, including for indigenous businesses and communities. Ministers agreed that an inclusive approach that builds capacity and ensures diversity is a key ingredient to Canada’s successful economic recovery.

Co-chaired by Seamus O’Regan, Canada’s Minister of Natural Resources, and Ranj Pillai, Deputy Premier and Minister of Energy, Mines and Resources for Yukon, they agreed to work together to build an all-Canadian critical minerals and battery value chain across sectors and pursue engagement with Lomiko’s partners in the United States and beyond.

“Canada’s economy is in a strong position to recover and excel post-COVID because of our natural resource potential. All communities across Canada should play a part, whether it is contributing critical minerals to the supply chain, advancing innovative energy development, or adding jobs and capacity to our remote and northern communities,” said Mr. Pillai.

Lomiko’s opportunity in the supply chain

Graphite demand is expected to increase exponentially for the mined natural graphite material, as more is used in the production of spherical graphite for graphite in the anode portion of electric vehicle lithium-ion batteries.

With the completion of a $750,000 financing on Oct. 23, 2020, Lomiko plans to work on its near-term goals as follows:

  1. Complete 100-per-cent acquisition of the property, currently 80 per cent owned by Lomiko Metals;
  2. Complete metallurgy and graphite characterization to confirm lithium-ion anode-grade material;
  3. Complete a technical report to confirm the extent of the mineralization equals or surpasses the nearby Imerys mine, owned by an international mining conglomerate;
  4. Complete preliminary economic assessment (PEA).

VIDEO: Tartisan Nickel Corp. $TN.ca – Battery Grade Nickel For The Electric Vehicle Revolution $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca $FPC.ca $NICO.ca

Posted by AGORACOM-Eric at 11:29 AM on Friday, October 16th, 2020
Tc logo in black

TARTISAN:

  • Kenbridge Nickel Mineral Resources of 7.5 Mt at 0.58% Ni and 0.32% Cu for a total of 95 Mlb of contained nickel.
    • An additional 0.985 Mt at 1.0% Ni and 0.62% Cu (22 Mlb contained nickel) of Inferred Mineral Resources.
  • Company owns 4M common shares ($6.6m as of Oct 15th, 2020) of Eloro Resources (ELO:TSX-V) and 2 percent NSR in their La Victoria property
  • Owns close to 1,700,000 shares of Class 1 Nickel (NICO:CSE) through vending of Tartisan’s Alexo-Kelex nickel asset in 2018
  • Strong management team with proven experience in advancing projects to production readiness

Tartisan Nickel $TN.ca: Worldwide Vehicle Electrification to Drive Nickel Demand $NICO.ca $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca $FPC.ca

Posted by AGORACOM-Eric at 9:58 AM on Wednesday, October 7th, 2020

By Ellsworth Dickson

Nickel is a most useful base metal. Because rust never sleeps, some 75% of nickel produced is used to make stainless steel, most being what is known as Class 2 nickel. Class 1 nickel, or pure nickel, is used for making steel alloys, storage batteries for laptops and cell phones and, of increasing importance, electric vehicle (EV) batteries.

Nickel is part of the cathode in a Li-ion battery. It is these Li-ion batteries that are kick-starting a sea change in the nickel market.

Combining all uses, nickel demand grew 9.4% during 2018 and 2018 – outperforming all other major base metals – making it a US$20 billion per year industry. In 2018, Canadian exports of nickel-based products totaled $4.2 billion with Canada ranking fifth in the world for mine production.

Nickel prices are currently trading around US$14,000/tonne, or US$6.42/lb, up more than 30% from March lows and near its highest levels in November 2019.

And while stainless steel and other nickel usages continue to steadily grow as the world’s population increases, it is the EV market that is expected to see a huge growth in nickel demand, according to senior miner Glencore. For the first time, in 2017, sales of EVs passed the 1 million mark; however, this is just the beginning.

According to the International Energy Agency, (IEA), sales of electric cars topped 2.1 million globally in 2019, surpassing 2018 – already a another record year – to boost the stock to 7.2 million electric cars, 47% of which were in China. It’s hard to believe that in 2010, there were only 17,000 EVs on the road. Electric cars, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.

In their recent report, the IEA stated that nine countries had more than 100,000 electric cars on the road. At least 20 countries reached market shares above 1%. However, this growth has sometimes been disrupted by various events and circumstances that negatively affected EV sales.

Deloitte’s outlook shows EV sales reaching 21 million vehicles in 2030 as the cost of manufacturing batteries falls significantly and range anxiety becomes less of a concern. Another challenge for would-be EV buyers is availability of charging stations out of town and, in tow, lacking of charging stations in older apartment buildings.

This huge increase in EV sales will be even more jump-started with the introduction of electric pickup trucks, SUVs, delivery trucks and semi tractor trailers. This could cause a supply crunch for Class 1 nickel.

Interestingly, the IEA noted that electric two/three-wheelers will continue to represent the lion’s share of the total electric vehicle fleet, as this category is most suited to rapid transition to electric drive. The future electric two/three-wheeler fleet is concentrated in China, India and the ten countries of ASEAN.

Wood Mackenzie predicts an increase in nickel demand for EVs from 128 kt in 2019 to 265 kt in 2025 and 1.23 Mt in 2040, increasing nickel battery demand from 4% in 2018 to 31% by 2040.

It has been estimated that by 2025 the world need almost 1 million tonnes per year of new nickel supply. By 2030, 2.5 million tonnes, or double that of today, is required.

Wood Mackenzie is forecasting an average annual nickel deficit of 60,000 tonnes through to 2027 – a situation that bodes well for nickel explorers, developers and producers.

About one-half of the world’s nickel supply is suitable for use in batteries such as the nickel sulphide mines in Sudbury, Voisey’s Bay and Russia.

Those companies involved in discovering and mining nickel deposits are participating in a massive unstoppable global event with the electrification of the world’s vehicles – a good place to be.

Tartisan Nickel Corp. [TN-CSE; TTSRF-OTC; A2D-FSE] has favourably positioned itself to participate in the growing electric vehicle sector with its advanced-stage Kenbridge nickel-copper-cobalt project in northwestern Ontario.

While copper and cobalt are important for the EV battery and vehicle market, Elon Musk of Tesla Motors recently stated that nickel remains a key ingredient to its rapidly improving EV battery technology. Stainless steel production still accounts for the majority of nickel usage; however, commodity research firm Roskill has stated that the current EV nickel demand will grow from 4% to 15-20% of the market.

Longer term, California Governor Gavin Newsom just signed an executive order that will ban the sale of new gas-powered passengers cars starting in 2025.

Tartisan’s Kenbridge Project, located near Atikwa Lake in the Kenora-Fort Frances area, has undergone an updated mineral resource estimate.

The updated estimates were done for pit constrained and out-of-pit nickel, copper, and cobalt resources. Total Measured & Indicated Mineral Resources, based on a Net Smelter Return (NSR) cut-off value of CDN$15/tonne for pit constrained Mineral Resources and CDN$6/tonne NSR for out-of-pit Mineral Resources is 7.5 Mt at 0.58% nickel and 0.32% copper for a total of 95 Mlb of contained nickel. An additional 0.985 Mt at 1.0% nickel and 0.62% copper (22 Mlb contained nickel) were calculated as Inferred Resources. Pit constrained Measured & Indicated Resources total 5.27 Mt of 0.45% nickel, 0.26% copper and 0.009% cobalt at an NSR cut-off value of CDN$15/tonne. The out-of-pit Measured & Indicated Resources total 2.23 Mt of 0.86% nickel; 0.45% copper; and 0.006% cobalt. Inferred Mineral Resources out-of-pit total 0.985 Mt at 1.00% nickel, 0.62% copper and 0.003% cobalt, at an NSR cut-off value of CDN$60/tonne.

Mark Appleby, President and CEO, notes that the deposit is open to depth with the highest nickel grades having a strong down-plunge orientation such as hole KB07-180 that returned 2.95% nickel and  0.82% copper over 21.5 metres, including 7.2% nickel and 0.67% copper over 5.5 metres.

Highlights of an Updated PEA were: average nickel recovery life-of-mine was 86%; recovered nickel was 84.6 Mlb; NPV7.5% pre-tax was $253M; and IRR% pre-tax was 65%.

The Kenbridge property has good access to roads and power. It has a shaft to a depth of 622 metres, with level stations at 45-metre intervals below the shaft collar and two levels developed at 107 metres and 152 metres below the shaft collar.

Tartisan Nickel has planned a surface exploration and definition drilling plan, in addition to geotechnical, metallurgical and environmental work to advance the project in the upcoming 2020 winter season and into summer 2021.

The company also owns equity stakes in Eloro Resources Ltd. that is exploring the 99%-optioned ISKA ISKA Project, a gold-silver-zinc-lead target with a 3,500-metre underground drilling program underway in the Potosi district, Bolivia, and the low-sulphidation epithermal 82%-owned La Victoria gold-silver project in Peru.

Tartisan is a shareholder in Class 1 Nickel and Technologies that holds the past-producing Alexo-Kelex Dundonald nickel project near Timmins, Ontario in which Tartisan has a 0.5% NSR. The property hosts an estimated total NI 43-101 compliant Indicated Mineral Resources of 571.7k tonnes averaging 0.77% nickel plus Inferred Resources.

Being a prospect generator, Tartisan spun out the Alexco-Kelex Project to Class 1 Nickel as well as the La Victoria Project to Eloro.

Tartisan is a shareholder in Peruvian Metals Corp. that is operating a toll mill in Peru and announced an exploration and bulk sampling program on the high-grade gold-silver-copper Palta Dorada Project.

Tartisan also has a 100% interest in the Sill Lake silver-lead project near Sault Ste. Marie, Ontario.

Tartisan’s investment portfolio is in excess of $7 million which can provide funds for its activities and avoids share dilution through further share issuances. The company has 101.6 million shares outstanding.

Though its acquisitions and investments, Tartisan Nickel is poised to benefit from the burgeoning EV battery sector as well as its precious metal and base metal prospects.

Garibaldi Resources Corp. [GGI-TSXV; GGIFF-OTC; RQM-FSE] has been following up its 2017 magmatic nickel massive sulphide discovery in the Golden Triangle region of northwestern British Columbia.

Located on Nickel Mountain, the flagship E&L deposit hosts nickel, copper, cobalt, platinum, palladium gold and silver. The latest drill results from the 2020 program have extended the strike length of the mineralized E&L system from 200 metres to over 650 metres to the east, where the intrusion remains open.

The 100%-owned project is the Golden Triangle’s first magmatic nickel-copper-rich massive sulphide system in the heart of the prolific Eskay Camp. The 2017 discovery drill hole EL-17-14 intersected 8.3% nickel, 4.2% copper, 0.19% cobalt, 1.96 g/t platinum, 4.5 g/t palladium, 1.1 g/t gold and 11.1 g/t silver over 16.75 metres starting 100.4 metres downhole, within a broader 40.4-metre core length highlighted by 3.9% nickel and 2.4% copper.

In February, 2019, Garibaldi confirmed an even shallower new zone (Northeast Zone) with drill hole EL-18-33 that returned 7.7% nickel and 2.95% copper over 4.8 metres within a broader interval of 49 metres grading 1.34% nickel and 0.89% copper (core length) plus cobalt, platinum, palladium, gold and silver credits.

Diamond drilling continues to build out on the persistent widespread nickel-copper mineralization, which includes massive sulphides featuring top-tier nickel-copper grades in addition to palladium, platinum, cobalt, gold, silver and strategic PGE (platinum group element) rare metals, including rhodium.

Hole EL-20-88, collared 350 metres east of pivotal hole EL-19-80, intersected 142.79 metres of mineralized taxitic gabbro and olivine pyroxenite along trend of the E&L system. This large step-out hole exhibited an E&L geochemical signature which expanded the strike length of the E&L gabbroic intrusion to over 650 metres within a 2-km structural corridor that remains untested and open.

Hole El-20-89 has produced the widest mineralized intercept so far from 71.34 metres to 223 metres returning nickel-copper mineralization over 151.6 metres grading 0.56% nickel and 0.61% copper. This intersect included 80.53 metres of 0.88% nickel and 0.85% copper, which expanded the northeastern massive sulphide zone six metres south, the LDZ 15 metres north and the Second Chamber 45 metres west.

Semi-massive veins along the contact edge with sediments assayed 0.33 metres (100.54 to 100.87 m) of 6.87% nickel and 1.69% copper, and 0.15 metres (147.48 to 147.63 m) of 3.04% nickel and 1.62% copper.

Garibaldi has drilled 10 additional holes at the E&L project on Nickel Mountain and is up to hole 94 so far this season. With new geochemical and geophysical targets located at depth, the immediate goal of the drill program is to follow the steeply-plunging E&L gabbro to the east. The conductors detected off hole will be drill tested for mineralization.

Garibaldi owns 100% of more than 200 km2 in Eskay Camp, including newly discovered high-grade gold quartz vein system at Casper, located 15 km north of Nickel Mountain. Assays are pending. The company also has four projects in Mexico.

Garibaldi’s nickel discovery is a unique development in the Golden Triangle with excellent potential for significant expansion at a time of increasing nickel demand from the electric vehicle market.

Just 12 km north of the E&L nickel deposit is Garibaldi’s 100%-owned Casper high-grade gold quartz vein discovery. The Casper gold vein is a strategic low elevation target (420 metres) within a km of road access and hydroelectric power.

Field crews collected 165 samples within 250 metres north of and 250 metres south of the northwest-southeast-striking Casper vein. High-grade grab samples at Casper were reported up to 249 g/t gold and assays for 86 Casper channel samples have been released with up to 92 g/t gold and 5.69 g/t gold over 52 metres.

Mechanical trenching at the Casper gold quartz vein has further uncovered the high-grade vein over more than 120 metres, from the initial 43 metres of hand trenching exposing the discovery.

The quartz vein remains open with mineralized rock samples extending along trend for 330 metres within a 500-metre gold-in-soil and MMI (mobile metal ion) geochemical anomaly.

The latest assays from 61 channel sample assays returned gold grades ranging from 0.676 g/t gold up to 93.29 g/t gold from a channel sample that contained visible gold.

The company has 116 million shares outstanding.

Sama Resources Inc. [SME-TSXV; SAMMF-OTC.PK] is a Canada-based mineral exploration and development company with projects in West Africa, in particular, the Samapleu nickel-copper-cobalt-platinum group metals project in Côte d’Ivoire (Ivory Coast).

Sama’s projects are located approximately 600 km northwest of Abidjan in Côte d’Ivoire and adjacent to the Guinean border in West Africa.

In 2010, Sama discovered nickel-copper-PGE mineralization, including veins and lenses of high grades material near surface at numerous locations within the then discovered Yacouba intrusive complex.

In October, 2017, Sama announced that it had entered into a binding term sheet in view of forming a strategic partnership with HPX TechCo Inc., a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stakeholder, in order to develop the Samapleu Project. HPX is spending $18 million on the project.

Since March 2010, Sama has performed surface IP and Mag surveys as well as Airborne Mag-Radiometric and HTEM surveys and 388 boreholes for a total of 54,000 metres of drilling. Mineral resources assessments have been completed at one site, the Samapleu deposit, aiming for a modest scale Ni-Cu open pit mining and processing operation, while continuing to explore newly discovered prospective ground. Sama’s objective is to delineate massive sulphide reservoirs that could be the source of these high-grade nickel–copper-cobalt-palladium lenses. The newly discovered Yacouba complex can be compared to other world class bases metals camps like Jinchuan in China and Voisey’s Bay in Canada, etc.

Highlights of a Preliminary Economic Assessment at Samapleu, include average annual production of 3,900 tonnes of carbonyl nickel powder, 8,400 tonnes of carbonyl iron powder and 14,100 tonnes of copper concentrate over a 20-year mine life. Capital costs are estimated to be $282 million, including a contingency of $37 million with operational costs of $23.96/tonne milled.

Pre-tax Net Present Value (8% discount rate) is $615 million and an Internal Rate of Return of 32.5%. After-tax NPV (8% discount rate) of $391 million and an after-tax IRR of 27.2%.

Geophysical activities have resumed with downhole electromagnetic surveys planned in four deep drill holes at the Yepleu target zone and in one deep drill hole at the Bounta target zone. The holes at Yepleu and Bounta were drilled in the early months of 2020, with both zones part of the large Yacouba Ultramafic-Mafic intrusive complex discovered by Sama in 2010.

Future production will be managed by a JV controlled 66⅔% by Sama Nickel Corp. a wholly-owned subsidiary of Sama Resources, and 33⅓% by SODEMI.  Sama Resources has $2.5 million in its treasury and holds $12.4 million in securities with no debt. The company has 216,466,410 shares outstanding.

The Samapleu nickel-copper-cobalt-platinum group metals project is located in mining-friendly West Africa, home to a number of successful mining operations. The polymetallic project hosts a suite of metals – nickel-copper-cobalt-platinum group metals – all of which are currently in demand.

Source: https://resourceworld.com/?na=v&nk=7981-3d5ac5d089&id=503

Trump Executive Order on Critical Metals Aimed at Reducing Chinese Dependence on Imported Graphite Perfect Timing for Lomiko $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 8:28 AM on Wednesday, October 7th, 2020

Lomiko Metals Inc. (“Lomiko”) (TSX-V: LMR, OTC: LMRMF, FSE: DH8C) is focused on the exploration and development of graphite for the new green economy. Lomiko has been monitoring actions by government in Canada and the USA that are focused on reducing dependence on Chinese supply of graphite, lithium and other electric vehicle battery materials. Canada and the USA have worked closely and confirmed supply agreements between the two countries.

This press release features multimedia. View the full release here:

https://www.businesswire.com/news/home/20201007005305/en/

Electric Vehicle Sales to Climb for 20 years (Graphic: Business Wire)

President Donald Trump recently signed an Executive Order entitled Executive Order on Addressing the Threat to the Domestic Supply Chain from Reliance on Critical Minerals from Foreign Adversaries, which is focused on creating North American suppliers of Battery Materials.

Excerpts from Executive Order:

“…the United States is 100 percent reliant on imports for graphite, which is used to make advanced batteries for cellphones, laptops, and hybrid and electric cars. China produces over 60 percent of the world’s graphite and almost all of the world’s production of high-purity graphite needed for rechargeable batteries.”

“(i) the United States develops secure critical minerals supply chains that do not depend on resources or processing from foreign adversaries;

(ii) the United States establishes, expands, and strengthens commercially viable critical minerals mining and minerals processing capabilities; and

(iii) the United States develops globally competitive, substantial, and resilient domestic commercial supply chain capabilities for critical minerals mining and processing.”

In September, Congressmen Lance Gooden (R-TX) and Vicente Gonzalez (D-TX) recently introduced a bill that seeks to decrease the U.S.’s dependence on China for critical metals. The bill, dubbed the Reclaiming American Rare Earths (RARE) Act, aims to establish tax incentives for domestic production of rare earths.

The Congressmen statement sounds the alarm regarding critical metals production: “The United States is more dependent than ever on the importation of the resources that drive our economy, enable us to build advanced technology, and ensure our national security,” Gooden’s office said in a release. “Thirty-five of these rare earth minerals are designated by the Department of Interior as ‘critical’, and we source fourteen of them entirely from foreign suppliers. China is a leading supplier for twenty-two of the thirty-five. The RARE Act is specifically designed to change that.”

Earlier this year, Sen. Ted Cruz introduced similar legislation, dubbed the Onshoring Rare Earths Act of 2020, or ORE Act. Further, on December 18, 2019 Canada announced that it had joined the U.S.-led multilateral Energy Resource Governance Initiative (ERGI). ERGI aims to support secure and resilient supply chains for critical minerals by identifying options to diversify supply chains and facilitate trade and industry connections.

Canada, and especially Quebec, are perfectly situated to supply the U.S. with many of the critical minerals it is seeking to secure due to an extensive selection of mineral projects. Also, strong political and economic ties, a stable political, economic and regulatory environment and a robust metals and mining sector. Of the 35 critical metals identified by the U.S., Canada is a sizable supplier of 13 of such minerals including graphite, lithium and manganese to the U.S. and the second-largest supplier of niobium, tungsten and magnesium. Canada also supplies approximately one quarter of the U.S. uranium needs.

“Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.” stated A. Paul Gill, CEO. “The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Îles, is 30 miles northwest of La Loutre and has operated for 30 years. It reported proven reserves of 5.2 M Tonnes at a grade of 7.42 % Cg in July 1988 before the start of production.” (Reference: Potentiel de la minéralisation en graphite au Québec, N’Golo Togola, MERN, page 31, Conférence Québec Mines, November 24 2016).

Graphite demand is expected to increase exponentially for the mined natural graphite material, as more is used in the production of spherical graphite for graphite in the anode portion of Electric Vehicle Lithium-ion batteries. The near-term goals of the company are as follows:

1) Complete 100% Acquisition of the Property, currently 80% owned by Lomiko Metals.

2) Complete metallurgy and graphite characterization to confirm li-ion anode grade material.

3) Complete a Technical Report to confirm the extent of the mineralization equals or surpasses the nearby Imerys Mine, owned by international mining conglomerate.

A “technical report” means a report prepared and filed in accordance with this Instrument and Form 43-101F1 Technical Report, and includes, in summary form, all material scientific and technical information in respect of the subject property as of the effective date of the technical report;

4) Complete Preliminary Economic Assessment (PEA)

A PEA means a study, other than a pre-feasibility or feasibility study, that includes an economic analysis of the potential viability of mineral resources.

For more information on Lomiko Metals, Promethieus, review the website at www.lomiko.com, and www.promethieus.com, contact A. Paul Gill at 604-729-5312 or email: [email protected].

On Behalf of the Board

“A. Paul Gill”

Director, Chief Executive Officer

We seek safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accept responsibility for the adequacy or accuracy of this release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201007005305/en/

CONTACT

A. Paul Gill
604-729-5312
[email protected]

President Donald Trump Signs Executive Order On Critical Metals Supply SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 10:01 AM on Tuesday, October 6th, 2020
DONALD TRUMP SIGNS EXECUTIVE ORDER ON THE SUPPLY OF CRITICAL MINERALS  Mr. Simon Moores, pictured above, has been covering critical elements for many years and has presented to the US Senate on Critical Metals Supply.  There is no doubt that this group has played a major role in alerting the US government to supply issues.  Read about the critical work of Benchmark Mineral Intelligence here.    

Stocks to Watch:  
Lomiko Metals Inc.  $LMR Manganese X $MN Critical Elements $CRE    Excerpts from Executive Order:   “the United States is 100 percent reliant on imports for graphite, which is used to make advanced batteries for cellphones, laptops, and hybrid and electric cars. China produces over 60 percent of the world’s graphite and almost all of the world’s production of high-purity graphite needed for rechargeable batteries.”   (i) the United States develops secure critical minerals supply chains that do not depend on resources or processing from foreign adversaries;   (ii) the United States establishes, expands, and strengthens commercially viable critical minerals mining and minerals processing capabilities; and   (iii) the United States develops globally competitive, substantial, and resilient domestic commercial supply chain capabilities for critical minerals mining and processing.    Link to Full Executive Order   CEO A. Paul Gill was recently interviewed by The TMX Group which owns the Toronto Stock Exchange.  See below.

Client Feature: Lomiko Metals $LMR.ca Leading the the EV Battery Boom $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 3:12 PM on Wednesday, September 30th, 2020

Lomiko Metals (LMR: TSXV) has discovered high-grade graphite at its La Loutre property in Quebec and is working toward a Pre-Economic Assessment to increase the current resource to 10m/t of 10% Cg (graphite) in order to supply the future demand needs of a burgeoning metals battery market. 

LOMIKO METALS Paul A. Gill: 

“Initial indications are that La Loutre Graphite Property is high-quality and high-grade and thus worthy of development.” stated A. Paul Gill, CEO. “The only operating graphite mine in North America which is the Imerys Graphite & Carbon at Lac-des-Îles, is 30 miles northwest of La Loutre and has operated for 30 years. 

Lomiko is in an ideal position to participate in the Electrical Vehicle market with the potential to become a North American supplier of graphite materials for the emerging battery EV battery market. Here is why: 

  • Battery metals (including graphite) boom despite widespread Covid-19 disruption. 
  • WoodMac – Graphite…..forecasts that the battery sector would make up more than 35% of demand by 2030, with demand growing by 1.6 million tonnes by that date. 
  • Simon Moores – “There is no doubt now that regardless of how well Tesla’s vehicles continue to sell, raw material availability will be the primary slowing factor on the company scaling.” 
  • Wood Mackenzie highlight the demand impact battery production will have on the raw materials required. ” When it comes to graphite, the report forecasts that the battery sector would make up more than 35% of demand by 2030, with demand growing by 1.6 million tonnes by that date. 

2 Reasons Why Battery Demand is Key to Lomiko’s Growth 

  1. 2019 to 2030 demand increase forecast for EV metals as the EV boom takes off – ‘Battery’ graphite demand forecast to grow 10x. 

Source: Courtesy BloombergNEF 

  1. The impact of the proposed megafactories on raw material demand (graphite in red) 
  • Lithium demand expected to be 1.48m tonnes in 2028 vs 82,000 in 2018 
  • Graphite demand expected to be 2.23m tonnes in 2028 vs. 170,000 in 2018 

Source: Benchmark Mineral Intelligence 

Hub On AGORACOM 

FULL DISCLOSURE: LOMIKO Metals is an advertising client of AGORA Internet Relations Corp. 

SOURCE: https://seekingalpha.com/article/4376757-graphite-miners-news-for-month-of-september-2020 

Tesla’s New Battery Technology Could Drive Down Cost of Electric Cars SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 2:07 PM on Monday, September 28th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

  • The company plans to offer a $25,000 vehicle in three years, officials say.

Tesla has announced new, internally-produced batteries for its electric cars, signaling a major shift from the automaker that, if successful, could significantly reduce the cost of electric vehicles.

“I think it’s the way all electric cars in the future will be made,” said CEO Elon Musk at Tesla’s “Battery Day” event outside its production facility in Freemont, California, on Tuesday.

Tesla’s new battery cell features a “tabless” design, which the company claims will provide five times the energy, six times the power, and 16% more range compared to its old battery cell.

The company’s current vehicles use batteries sourced from suppliers like Panasonic, where the energy stored in the battery pack is transferred to the car’s drivetrain via a conductive metal tab.

The new battery pack accomplishes the same thing by using a design that integrates a series of small bumps and spikes, which the company hopes will eliminate the need for a tab, and consequently drive down costs and production time. Musk tweeted the tech is “way more important than it sounds,” after the patent was approved back in May.

Courtesy of Tesla Elon Musk conducts Tesla’s “Battery Day” event outside its production facility in Freemont, Calif., S… Elon Musk conducts Tesla’s “Battery Day” event outside its production facility in Freemont, Calif., Sept. 22, 2020.

“This is not just a concept or a rendering; we are starting to ramp up manufacturing of these cells at our pilot ten gigawatt-hour production facility,” said Drew Baglino, Tesla’s Senior Vice President, Powertrain and Energy Engineering.

Tesla also said the new batteries would be 56% less expensive to manufacture and are being developed entirely in-house.

“They own the whole widget,” said Car and Driver Senior Editor of Technology Roberto Baldwin, “which is what gives them the ability to control every aspect, and to tweak as much efficiency as they can out of everything — out of their batteries, out of their motors, out of their inverters.”

Tesla’s investment in its own battery technology doesn’t mean it’s ramping down partnerships with other battery producers, Musk said. In a tweet prior to Tuesday’s event, the CEO said the company plans to “increase, not reduce battery cell purchases from Panasonic, LG & CATL (possibly other partners too.)” He also said the company is predicting shortages in battery cells from those suppliers and is ramping up in-house efforts to mitigate those shortfalls.

Musk said during the event that Tesla is planning to produce 100 gigawatt-hours of battery cells per year by 2022, and three terawatt-hours of cells per year by 2030.

“It allows us to make a lot more cars and a lot more stationary storage,” he said.

Bringing down the cost of battery production is part of Tesla’s plan to eventually sell 20 million vehicles annually — about fifty times more than they sell now, the company said.

“I think twenty million is doable,” said Car and Driver’s Baldwin. “As long as they can continue to grow, and continue to invest and sort of stay ahead of everyone.”

Justin Sullivan/Getty Images Tesla Superchargers charge vehicles in Petaluma, Calif. on Sept. 23, 2020. Tesla Superchargers charge vehicles in Petaluma, Calif. on Sept. 23, 2020.

Part of that 20 million vehicle goal will come from a Tesla model the company is planning to sell for $25,000, expected to be available in about three years. The car, which would undercut Tesla’s current Model 3 sedan as the brand’s cheapest vehicle, would be fully autonomous, Musk said.

“It was always our goal to try to make an affordable electric car,” said Musk.

Musk said that while production on the new batteries is underway, it will take between a year and 18 months to fully ramp up production, and even longer for the technology to show up in actual vehicles.

However, “Tesla has repeatedly set timetables and timelines, and then they’ve missed them,” said Baldwin.

The Model 3 faced significant delays as the company ramped up production in 2017. Since the start of the coronavirus pandemic earlier this year, Tesla has also pushed back planned releases for its “Semi” truck and “Roadster” sports car. But Baldwin says the company is making improvements, noting that the Model Y crossover was released ahead of schedule.

“On the one hand, they’re taking all the learnings they’ve gotten over the past ten, twelve years, and they’re using that to make their batteries better,” Baldwin said. “But there’s still the potential this could be delayed another year, another four years.”

Tesla’s battery announcement comes at a time of increased competition in the electric vehicle market. Earlier this month, Lucid, an EV startup founded by the former head of engineering for Tesla’s own Model S sedan, unveiled an electric sedan called the Air, with a claimed 503 miles of range. General Motors’ “Ultium” battery pack, which the company unveiled earlier this year, is set to underpin 13 new electric vehicle models across four brands, starting with a new “HUMMER” pickup truck.

Volkswagen also says it plans to produce 1.5 million EVs annually by 2025, and unveiled the ID4, an electric crossover SUV that’s expected to have 310 miles of range, on Wednesday.

SOURCE:https://abcnews.go.com/US/teslas-battery-technology-drive-cost-electric-cars-company/story?id=73222745

Electric-Car Surge Paces Europe’s Best Auto Sales in 10 Months SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 10:53 AM on Friday, August 28th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Hybrid and electric-car registrations soared in Europe last month, seizing a record share of the market and lifting total sales to the highest in 10 months.

Registrations of plug-in hybrids more than quadrupled, while battery-electric vehicles more than doubled, according to auto-market researcher Jato Dynamics. Total sales slipped just 4% from a year ago to 1.28 million, the most since September.

“If the current situation continues to improve, we could start to talk about a ‘V’ shaped recovery in the European car industry,” Felipe Munoz, a global analyst for Jato Dynamics, wrote in a report Thursday. EV demand is rising because of a wider selection of more affordable models and increased competition that is pushing down prices.

The figures are the most positive yet for an industry that had expected Europe to continue lagging the recoveries other regions have mustered following the coronavirus pandemic. Auto sales fell less drastically in the U.S. and have started growing again in China.

Government subsidies in countries including Germany and France have kick-started sales, especially for electrified models. Hybrid, plug-in hybrid and battery-only vehicles were 18% of registrations last month, up from 7.5% a year ago. Four of the five best-selling hybrids were Toyota Motor Corp. models, while Renault SA’s Zoe dominated the electric segment.

Tesla Inc. missed out on the trend, with registrations plunging 76% to just over 1,000 units, Jato said.

“Tesla is losing ground this year in Europe,” Munoz said. “Some of this can be explained by issues relating to the production continuity in California, but also by high competition from brands that play as locals in Europe.”

There were 10 more battery-electric cars on the market last month than a year ago, with new models including the Peugeot 209, Mini Electric, MG ZS, Porsche Taycan and Skoda Citigo buoying the segment.

SOURCE: https://www.bnnbloomberg.ca/electric-car-surge-paces-europe-s-best-auto-sales-in-10-months-1.1485785

Tesla Considers All-In-One Home, Battery and Electric Car Energy Package SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM-Eric at 12:01 PM on Thursday, August 13th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko has an option for 100% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Electric car and solar energy company Tesla is considering providing an all-in-one home and car energy package, that would include controlled EV charging times if it goes ahead in Germany.

As more cars become powered by electric drive-trains, the lines between the energy and automotive industry will become increasingly blurred.

Already, energy companies, such as AGL, Origin  and Powershop in Australia, are looking to offer cheaper tariffs for EV drivers and consider ways to encourage drivers to charge their EVs to help soak up excess electricity demand.

Now, we are beginning to see similar moves from the other side of the market: auto makers looking to slide sideways into the energy market (not to mention oil companies such as Shell doing something similar).

In a survey sent to potential German customers, Tesla sought to gauge interest on whether electric car drivers would like Tesla to schedule car charging times as part of the package to take advantage of cheaper tariffs.

The survey also asked respondents if they would be interested in purchasing a Tesla Wall Connector EV charge unit, a Tesla Powerwall, Tesla solar panels, as well as what would persuade them to switch to another energy company.

According to PV-Magazine which first reported the survey, it hints at a possible “energy package” that would combine all of these.

The company also asks: “Suppose your car is charged every morning to meet your daily needs. Under what conditions would you allow Tesla to control the charging time of your car so that it is charged for your daily needs and to offer you a cheaper electricity tariff?”

Options that survey respondents can select include, “If there is a clear financial advantage for me,” and, “If there are other advantages such as free or cheaper charging at home or on public charging station,” and if, “it helps to increase the share of renewable energies in the energy mix.”

To determine to what degree EV drivers would be prepared to hand over control of charging times to Tesla, the survey also asks what type of payment model they would prefer, including “a day-ahead hourly-variable price per kilowatt-hour.”

The German survey is not the first inkling that Tesla is considering entering the energy market.

In May, RenewEconomy reported that the Californian EV and battery storage giant had applied to the UK’s energy regulator for a licence to sell energy.

It’s not clear if Tesla is thinking about combining its energy package with a “big battery” such as the one operated by French renewable energy developer Neoen in Hornsdale, South Australia that doubled savings for customers within its first two years’ of operation, as well as shoring up grid security.

While Tesla’s expansion into energy has always been part of its raison d’être, having acquired SolarCity in 2016 as part of a “master plan”, the EV maker is not the only car company that is eyeing off the energy market.

In 2019, German auto giant Volkswagen also announced it would expand its offerings to include renewable household energy systems and electric car charging, under new subsidiary, Elli Group GmbH.

Tesla did not respond to queries from the The Driven if it would consider a similar package in Australia before the time of publishing.

SOURCE: https://thedriven.io/2020/08/11/tesla-considers-all-in-one-home-battery-and-electric-car-energy-package/