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Fabled Copper’s OHM Property Discovery Unveils Exciting Lithium Prospects

Posted by Brittany McNabb at 8:48 AM on Wednesday, September 20th, 2023

In a recent development, Fabled Copper Corp. (CSE:FABL)(FSE:XZ7) has revealed the promising results of its first-phase sampling program on the OHM Property, situated in the resource-rich region of Quebec. This news is sparking interest among investors and industry enthusiasts as the company unveils a wealth of untapped potential.

Uncovering the OHM Property

The OHM Property, a vast expanse covering 2,856 hectares approximately 70 kilometers south of Val D’Or, has long remained under the radar. However, Fabled Copper’s groundbreaking exploration has shed light on this hidden treasure trove. The property’s strategic location, with easy access via route 117 and forestry roads 43 and 44, coupled with excellent outcrop visibility due to extensive logging, makes it an enticing prospect.

Pioneering Exploration

In late July 2023, following a forest fire-induced hiatus, Fabled Copper initiated its exploration sampling program with several key objectives in mind:

  • Assess accessibility and field conditions.
  • Identify the presence of pegmatites across the property.
  • Determine whether these pegmatites are boulders, glacial trains, or in situ outcrops.
  • Analyze the characteristics of discovered pegmatite boulders.
  • Investigate the presence of lithium and associated minerals within these boulders.
  • Decide on the viability of further exploration endeavors.

Discovering Lithium Potential

Over the course of a week in July, Fabled Copper collected 19 samples, covering an impressive 8 kilometers by 2 kilometers area of the property. These samples included a variety of angular and rounded pegmatite boulders. Notably, the central region of the property exhibited pegmatite outcroppings of undetermined dimensions.

Detailed geologic observations revealed a fascinating composition of pegmatites across various sectors, with crystal sizes of associated minerals hinting at low-temperature crystallization. Furthermore, the central area displayed promising K/Rb ratios and elevated lithium and cesium levels, indicators of lithium fertility.

The Path Forward

Fabled Copper’s initial success is just the beginning. With hundreds of pegmatite boulders yet to be sampled, unexplored outcroppings, and substantial data from Quebec’s Ministere des Ressources naturelles et des Forets SIGEOM database, the company is gearing up for a Second Phase Exploration Program. This phase will involve comprehensive data analysis, detailed sampling, structural mapping, and more, underscoring Fabled Copper’s commitment to unlocking the OHM Property’s full potential.

Read Release: https://www.accesswire.com/785746/fabled-copper-outlines-8-km-by-2-km-pegmatite-boulder-field-with-pegmatite-outcropping-in-central-portion-of-ohm-property-quebec

VIDEO – St Georges $SX $SXOOF Ramps Up Battery Metals Exploration With 11k Meter Drill Program at Julie Nickel Project $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM at 4:23 PM on Thursday, May 13th, 2021
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St Georges is advancing 2 projects in Quebec focused on Batttery Metals ( Nickel, Cobalt, Palladium). SX also owns all the active mineral exploration licenses in Iceland with a focus on Gold & Geothermal power, has 19M in cash & investments ( Iconic, Zeus ThreeD, Altair Int. ) and recently created a subsidiary focused solely on the recycling of EV batteries to recover valuable elements. It’s called EVSX.

It is no wonder insiders own close to 17%

It has everything to do with metals. SX is embarking on a very large program that is going to have them drilling for Battery & Platinum Group Metals as they search Quebec for an economic discovery. The Julie Nickel project is going to be drilled this year and probably into next, supplying the market and investors with steady stream of information as they track down a discovery. The Manicouagan Palladium project, also in Quebec, will see enough drilling to develop a Maiden NI 43-101 resource.

St. George Eco Mining (CSE: SX) (OTC: SXOOF)) Interim President & CEO, Herb Duerr sits down to discusses 2021 exploration and its importance to shareholders.

SX Eco-Mining $SX.ca $SXOOF Secures Future EV Batteries Recycling Plant & Engineering $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM at 8:17 AM on Monday, April 19th, 2021

St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to disclose that it has entered a binding term sheet to secure the site and building for its proposed battery recycling plant in the deep seaport of Baie-Comeau on the Québec North Shore.

The parties will have 30 days to finalize and execute a long-form agreement conditional on the positive outcome of the feasibility study already underway. Part of the binding agreement concerns the access to the engineering expertise that will allow the Company to have trained professionals working in the facilities from day one of operations planned for later this year.

Important milestone reached allowing equipment vendors to share information with the newly secured engineering team to accelerate the design of the Baie-Comeau proposed electric vehicle, or EV, battery recycling plant with a target phase 1 production capability of 10,000 annual metric tonnes.

The agreement, a long-term lease with an option to buy the targeted plant, was executed on April 16, 2021, and calls for a long-form agreement to be signed within 30 days. Additionally, a long-form engineering and technical services agreement, with the option to acquire the engineering firm, Roberge Industries Inc., will be included in the final agreement.

St-Georges will design the battery recycling plant to be modular and preassembled to reduce construction and installation costs, timelines, and other challenges. The approach is to have a universal battery recycling plant that can use the procedures for process, safety, and maintenance anywhere in the world, including maintenance management systems with a technology allowing real-time auditing and the generation of tradeable carbon credits as well as machine learning management systems allowing real-time optimization of the process as well as the output based on market needs.

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/759273-st-georges-secures-future-ev-batteries-recycling-plant-engineering-expertise/messages/2312527#message

SX Eco-Mining $SX.ca $SXOOF Releases Initial Cathode Material EV Battery Test Results $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM at 9:22 AM on Monday, April 12th, 2021
  • 100% of the targeted metals were recycled in situ or selectively leached in solution

St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to disclose the results of its initial electric vehicle (EV) cathode material battery recycling tests aimed at specific car makers and OEM battery specifications.

As previously disclosed in a press release titled Initial Recovery Battery Test Results” dated February 22, 2021, the Company has set aside a significant portion of its laboratories resources to be able to perform “(…) additional tests to optimize the process of recovery of critical elements (…) using synthetic compounds to move the development along faster.” In a subsequent press release titled EV Batteries Recovery Tests Results: Lithium” dated March 18, 2021, the Company disclosed that it had “(…) completed EV battery characterization for the following car makers: Tesla, General Motors (GM), Ford, Toyota, and Nissan. The batteries were sourced from industry aggregators. The Company’s chemists and metallurgists created synthetic powder clones of the metal’s components allowing the testing’s acceleration (…)” Additionally, leveraging the support of some important stakeholders in the success of Company initiatives, St-Georges’ metallurgists were able to gather data on the composition of certain batteries in development or about-to-be commercially deployed in the coming year that are Lithium-Iron-Phosphate or LFP (LiFePO4) based. These not-yet-on-the-market batteries have been conceptually characterized, synthetically reproduced, and tested with the Company’s processing technology.

Four sets of battery category, covering all current car makers previously mentioned, along with the addition of the LFP batteries, have been processed in St-Georges’ contracted pilot-plant installations:

 -----------------------------------------
 |Main Core Powder|Chemical Formula      |
 |---------------------------------------|
 |LCO             |LiCoO2                |
 |---------------------------------------|
 |LMO             |LiMn2O4               |
 |---------------------------------------|
 |NMC             |LiNi0.33Mn0.33Co0.33O2|
 |---------------------------------------|
 |LFP             |LiFePO4               |
 -----------------------------------------

Cathode materials results

This initial test campaign’s objective was to determine which metals were put in solution from cathode materials using St-Georges’ proprietary acid-blend. From those experiments, it can be deduced that Lithium, Iron, Phosphate, Cobalt, Nickel, and Magnesium can be expected to be found in solution when using commercial batteries, on top of other metals such as Aluminium, Manganese, and Copper that can be recuperated in situ.

It is important to note that the LFP batteries might require a slightly different process to recycle 100% of the metals. Iron content generates a small amount of magnetism during the process while everything else remains in line with other battery compounds.

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/758863-st-georges-releases-initial-cathode-material-ev-battery-test-results/messages/2311562#message

New Age Metals $NAM.ca $NMTLF Initiates Pre-Feasibility Study for the River Valley Palladium Project, $WG.ca $XTM.ca $WM.ca $PDL.ca $PGM.ca

Posted by AGORACOM at 8:50 AM on Monday, April 12th, 2021
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  • Will take 8 to 12 months
  • Completion early 2022

New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J.F) (“NAM” or “Company”) is pleased to announce agreements with leading engineering firms to complete a Pre-Feasibility Study of its 100% owned River Valley Palladium Project near Sudbury, Ontario (Canada). The Pre-Feasibility Study will be undertaken over the next 8 to 12 months, with completion slated for early 2022.  

The Pre-Feasibility Study will be completed by four engineering firms: P&E Mining Consultants Inc. for Initial Mineral Reserve estimation, mine planning, economic analysis and Project Lead; SGS Canada Inc. and D.E.N.M. Engineering Ltd. for mineral processing and metallurgical test work; Knight-Piésold Consulting for design of the tailings facility and open pit geotechnical engineering; and Story Environmental for environmental and community impact interactions and permitting. P&E Mining Consultants Inc. will be updating the Mineral Resource Estimate and leading the preparation of the Pre-Feasibility Study NI 43-101 Technical Report.

Harry Barr, Chairman and CEO, said, “We are extremely pleased to have assembled such an impressive team for our Pre-Feasibility Study. These firms will work together with NAM to optimize the value of the River Valley Palladium Project, by maximizing the economic aspects while minimizing the environmental impacts and benefitting the local communities. The River Valley Project will be very well-timed for the green metal revolution.”

Work for the Pre-Feasibility Study is planned to commence this month. Four new holes will be drilled by NAM to recover fresh material for new mineral processing and metallurgical testwork. The SGS Canada Inc. and D.E.N.M team will work on the material to optimize recovery of palladium, platinum, gold, copper, nickel, rhodium and cobalt. This work will build on previous studies by SGS Lakefield in 2012 and include, for the first time, systematic rhodium recovery determinations. Knight-Piésold Consulting will complete the first geotechnical and geomechanical studies of the Project, based on new drilling and excavations by NAM in the areas of the open pit mines, processing plant, waste dumps and tailings facilities, as outlined in the Preliminary Economic Assessment (“PEA”) of June 2019 (Figure 1). Story Environmental will continue baseline environmental studies and build effective relationships with local government agencies and communities, including First Nations, for future permit applications and approvals.

Read More: https://agoracom.com/ir/NewAgeMetals/forums/discussion/topics/758868-nam-initiates-pre-feasibility-study-for-the-river-valley-palladium-project-sudbury/messages/2311568#message

SX Eco-Mining $SX $SXOOF: Received Latest Shipment of Bulk Test Lithium Material from Iconic $NNX.ca $OM.ca $ICM.ca $CRE.ca

Posted by AGORACOM at 8:34 AM on Wednesday, April 7th, 2021

St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (CNSX:SX.CN) (FSE:85G1) is pleased to disclose that it has received the latest shipment of bulk material from Iconic’s (TSXV:ICM) Bonnie Claire Lithium Project in Nevada.

As previously reported, St-Georges’ metallurgists were able to concentrate through mineral processing and selective leaching the original feedstock by 25 folds, down to 4% of its initial mass where 99.99% of the lithium was leached into solution after 5 minutes at low temperature and normal atmospheric pressure.

Work on the Bonnie Claire Lithium Project material will now resume along side the on-going work being conducted on other hard rock lithium resources. Current efforts of flow sheet optimisation will focus on front-end challenges, like concentration, and also on the later purification stage, where testing of a newly designed bounding solution should reduce the number of steps required to achieve a 99%+ lithium purity.

Current hypothesis developed using an array of lithium feedstocks from different sources indicate the whole closed-loop initial cycle allows a recovery rate of 90% or better.  Reprocessing of the lithium bearing proprietary acid-blend solution eventually achieves higher total recuperation and achieves battery grade purity.

ON BEHALF OF THE BOARD OF DIRECTORS

“Enrico Di Cesare”

ENRICO DI CESARE
President & CEO of St-Georges Metallurgy & Director & VP R&D St-Georges Eco-Mining

About St-Georges

St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on the Québec’s North Shore

New Age Metals $NAM.ca $NMTLF Drone Magnetic Survey to be Completed on Several Lithium Projects in Southeast Manitoba $WG.ca $XTM.ca $WM.ca $PDL.ca $PGM.ca

Posted by AGORACOM at 9:25 AM on Tuesday, April 6th, 2021
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  • NAM has contracted EarthEx Geophysical Solutions (EarthEx) to conduct several UAV-Borne Magnetometry Surveys on the Company’s Lithium Projects in southeast (SE) Manitoba
  • The program is being co-funded by the Company and the Manitoba Mineral Development Fund (MMDF) which is administered by the Chamber of Commerce
  • NAM has 100% ownership of seven pegmatite hosted Lithium and Rare Element Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba
  • NAM’s exploration focus on SE Manitoba is on Lithium-bearing pegmatites – The seven projects are strategically situated within the Winnipeg River Pegmatite Field

New Age Metals Inc. (NAM) (TSXV:NAM); (OTC:NMTLF); (FSE:P7J) (“NAM” or the “Company”) is pleased to announce that a Drone Magnetic Survey is being initiated on their Lithium Projects in SE Manitoba through their wholly owned subsidiary, Lithium Canada Development.

The Drone Magnetic Survey is a UAV-Borne Magnetometry survey. The present system being used by EarthEx is the highest resolution drone magnetics system on the market today. EarthEx is a Manitoba-based geophysical consulting company. Daniel Card, Chief Geophysicist and President of EarthEx said “We are excited to be working with such a highly reputable company as New Age Metals, in this prolific pegmatite district, providing services which will accelerate the path to new discoveries.” The EarthEx airborne magnetic geophysical survey technology will be used to further define future drill targets for the Company’s Lithium Two, Lithman West and Cat Lake Lithium Projects, Figure 1.

Harry Barr, Chairman and CEO stated, “Our team is busy advancing the Lithium Projects in SE Manitoba. Drilling is occurring in the next few weeks on one of our Lithium Projects and the Drone Magnetic Survey will help us better determine other drill targets. The potential for economic Lithium Deposits in Manitoba is strong and New Age with its Lithium Division, Lithium Canada Development are pleased to be fully funded and active in the Lithium space in Manitoba. We are also very fortunate to be partnering with the Manitoba Mineral Development Fund again on this work program to help develop this underexplored lithium region.”

Read More: https://agoracom.com/ir/NewAgeMetals/forums/discussion/topics/758574-drone-magnetic-survey-to-be-completed-on-several-new-age-metals-lithium-projects-in-southeast-manitoba/messages/2310962#message

New Age Metals $NAM.ca $NMTLF Closes First Tranche of $2,975,000 with Lead Order from Eric Sprott $WG.ca $XTM.ca $WM.ca $PDL.ca $PGM.ca

Posted by AGORACOM at 11:30 AM on Wednesday, March 31st, 2021
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  • Gross proceeds of $2,975,000
  • 1st of 2 Tranches

New Age Metals Inc. (TSXV:NAM) (OTC:NMTLF) (FSE:P7J) (“NAM” or the “Company“), is pleased to announce that further to the news release of March 26, 2021, the Company has completed the first tranche of its private placement (“Private Placement”) raising gross proceeds of $2,975,000.

The Company has issued an aggregate of 18,593,750 units (“Units”) at a purchase price of $0.16 per Unit for aggregate gross proceeds of $2,975,000.  Eric Sprott has closed 18,281,250 of the Units for $2,925,000.

Each Unit consisted of one common share and one half of one share purchase warrant, whereby each whole warrant entitles the holder to purchase one additional common share at a purchase price of $0.20 per share at any time up to March 31, 2023.

Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired 18,281,250 Units pursuant to the Private Placement for total consideration of $2,925,000. Prior to the Private Placement, Mr. Sprott beneficially owned or controlled 20,250,000 Common Shares and 17,125,000 Warrants of the Company.  As a result of the Private Placement, Mr. Sprott beneficially owns and controls 38,531,250 Common Shares and 26,265,625 Warrants representing approximately 19.9% of the issued and outstanding shares of the Company on a non-diluted basis and approximately 29.5% of the issued and outstanding shares of the Company on a partially diluted basis assuming the exercise of Warrants.

The Units were acquired by Mr. Sprott for investment purposes.  Mr. Sprott has a long-term view of the investment and may acquire additional securities of the Company including on the open market or through private acquisitions or sell securities of Company including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other factors that Mr. Sprott considers relevant from time to time. 

A copy of the applicable early warning report will appear on the Company’s profile on SEDAR and may also be obtained by calling Mr. Sprott’s office at (416) 945-3294 (200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1).

The second tranche of 12,968,750 Units is to be completed five business days after the Company has obtained shareholder approval (from disinterested shareholders) for the new control person that would be created once Mr. Sprott’s beneficial ownership exceeds 20%.  The completion of the second tranche is conditional upon such shareholder approval being obtained by August 30, 2021.  Mr. Sprott will provide an undertaking not to exercise his warrants (if doing so would result in his non-diluted ownership interest exceeding 20%) until the Company has obtained such shareholder approval.

Mr. Sprott is an insider of the Company and, as such, his participation in the Private Placement is a related-party transaction under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and TSX Venture Exchange Policy 5.9 (which incorporates by reference MI 61-101). The Company is relying on exemptions from the minority shareholder approval and formal valuation requirements applicable to related party transactions under sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the Units to be purchased on behalf of Mr. Sprott nor the consideration to be paid by him exceeds 25% of the Company’s market capitalization.

In connection with the first tranche of the Private Placement, the Company has paid finder fees to Mackie Research Capital Corporation of $193,375 in cash and issued 1,208,594 warrants.  Each such warrant will be exercisable for two years at an exercise price of $0.16 per Unit (being the same as the per Unit price under the Private Placement).

Read More:https://agoracom.com/ir/NewAgeMetals/forums/discussion/topics/758313-new-age-metals-closes-first-tranche-of-2-975-000-with-lead-order-from-eric-sprott/messages/2310468#message

St-Georges $SX $SXOOF: Iceland – The Floor is Hot Lava $NNX.ca $OM.ca $ICM.ca $CRE.ca

Posted by AGORACOM at 10:39 AM on Wednesday, March 31st, 2021

St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE: 85G1) would like to provide an update on the volcanic activities from the Geldingadalir volcano located on its Reykjanes provisional mineral exploration license in Iceland.

The volcano has been the site of a minor eruption for approximately 11 days at the time of this release.  St-Georges’ geologists, working under the Company’s subsidiary, Iceland Resources EHF, have taken a few kilos of rocks to obtain additional mineral and metallurgic information about what is now some of the youngest rocks on earth. The material coming out of the volcano has been rich in Magnesium, Iron, and Titanium. This appears to be preliminarily corroborated by observing the samples collected by St-Georges submitted to a Portable X-Ray Fluorescence (XRF) reading.  

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According to the Icelandic government volcanologists, this is about to change with an influx of copper and potentially precious metals with lava originating from a different depth of the mantle.

The Icelandic Meteorological Office (IMO) published a summary of the activities, commenting that: “(…) t he lava is basaltic and highly fluid with little explosive activity. It is a very small eruption, and the lava flow has been steady at 5-7 m3/s since its onset. Currently the extent of the lava field is within Geldingadalur but if the eruption keeps ongoing at a similar rate, it is modeled that the lava will flow east towards Merardalur valley. If the volcano continues to erupt it could eventually end up being categorized as a shield volcano. Shield volcanoes are generally formed over long time periods with lava fields extending from a few to several kilometers around its source. There is no way to tell how long the eruption will last.

The current magma is rich in MgO (8.5%) which indicates that it is from depths of around 17-20 km. There has been constant gas pollution close to the eruption site, spatially determined by local wind conditions. Gases can accumulate to life-threatening levels in certain weather conditions. There have been no indications of significant tectonic movements since the eruption started. There is currently no indication of new openings at other locations along the magma injection path.(…)”.

St-Georges and Iceland Resources would like to invite visiting geologists, volcanologists, journalists, and avid volcano tourists to get in touch with us. We can help organize visits to the site and provide geological support for scientific initiatives relating to the recent volcanic eruptions. We are also planning small group visits to the Thor Gold Project for people interested. Please send us a quick note via our website at www.st-georgescorp.com

About the Reykjanes exploration license

The Reykjanes provisional license is part of the license application for active exploration work that is being processed by the Icelandic authorities. It covers the area of the active volcano. It is located in the Reykjanes Peninsula near the towns of Keflavik and Grindavik and the International Airport.  Readers can see the prospect area in the map provided by ISOR in Figure 1 below.

Read More:https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/758300-st-george-iceland-the-floor-is-hot-lava/messages/2310443#message

SX Eco Mining: EV Batteries Recovery Tests Results – Lithium $NNX.ca $OM.ca $ICM.ca $CRE.ca

Posted by AGORACOM at 4:38 PM on Thursday, March 18th, 2021
  • 99.99% of the lithium leached in solution after 5 minutes at low temperature and without applying pressure.
  • completed EV battery characterization for 5 car makers
  • Pilot Testing Next

St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (FSE:85G1) (CNSX:SX.CN)is pleased to provide an update on the initial testing phase of an array of electric vehicles batteries it received at its testing installations in Québec.

The Company has completed EV battery characterization for the following car makers: Tesla, General Motors (GM), Ford, Toyota, and Nissan. The batteries were sourced from industry aggregators. The Company’s chemists and metallurgists created synthetic powder clones of the metal’s components allowing the testing’s acceleration.

This is in line with the results obtained previously by the Company’s metallurgical team that was able to leach more than 99% of the cobalt and the nickel contained in the batteries. Furthermore, the aluminium foil used to hold the different metals in the batteries’ core remains intact and can be recycled.  

The Company expects to confirm these results via a series of pilot tests as it now is in possession of car makers’ specific testing protocols. Testing will be documented and independently confirmed.  The Company expects to initiate the next phase, metals purification, in April.  The Company hopes to be able to reduce processing time and increase acid re-usage.

EVSX and St-Georges have also identified some of the key equipment required from industrial equipment manufacturers. They expect to be able to receive the electrolysis equipment during the month of May, allowing the manufacture of lithium hydroxide.

The Company had already disclosed on February 22, 2021, that additional tests to optimize the process of recovery of critical elements were to be conducted using synthetic compounds to move the development along faster. Work is ongoing at multiple locations, speeding up delivery and further protecting intellectual property.

Read More:https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/757608-ev-batteries-recovery-tests-results-lithium/messages/2308841#message