Latest news with #Dahrouge
Associated Press
12-05-2025
- Business
- Associated Press
Critical Elements Lithium Summer Exploration Plans
MONTRÉAL, QC / ACCESS Newswire / May 12, 2025 / Critical Elements Lithium Corporation (TSX-V:CRE)(US OTCQX:CRECF)(FSE:F12) ('Critical Elements' or the 'Corporation') is pleased to announce the recommencement of active exploration on its highly prospective, 1,050 square kilometre land portfolio, including the 100% owned Nemaska Belt properties. An important helicopter-borne electromagnetic VTEM plus time-domain system ('VTEM') survey covering the Nemaska Belt group of properties in the Eeyou Istchee region of Québec has been completed (Figure 1). The 2,701-line kilometre VTEM survey executed by Geotech Airborne Geophysical Survey covers the entirety of Critical Elements' 100%-owned Nemaska Belt properties with flight lines at a 200-metre spacing. The objective of the survey was to identify conductors that could correlate with high-grade Nickel-Copper-PGE mineralization and define high-priority drill targets. Figure 1: VTEM survey map Nemaska Belt properties The Corporation plans to begin a surface exploration program on the Nemaska Belt portion of the portfolio and the Rose blocks at the end of May and intends to pursue a prospecting, mapping, and sampling program until late August. Dahrouge Geological Consulting Ltd. ('Dahrouge') has been mandated to perform the summer exploration program targeting potentially economic mineralization including high-grade Nickel-Copper-PGE as well as lithium-bearing spodumene. Management continues to be engaged in assembling the funding required to make a final investment decision on the Corporation's flagship Rose Lithium-Tantalum project. These efforts build on the $20 million conditional funding from Natural Resources Canada's Critical Minerals Infrastructure Fund ( see press release dated February 6, 2025 ) and the support letter from a leading Canadian financial institution stating its interest in providing long term debt financing of up to US$115 million (approximately C$150 million) of project debt ( see press release dated February 10, 2025 ). Qualified Person François Gagnon, P. Geo, Operations Director - Québec for Dahrouge Geological Consulting Ltd., is the Qualified Person who has reviewed and approved the technical content of this press release on behalf of the Corporation. About Critical Elements Lithium Corporation Critical Elements aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries. To this end, Critical Elements is advancing the wholly-owned, high-purity Rose Lithium-Tantalum project in Québec, the Corporation's first lithium project to be advanced within a land portfolio of over 1,050 km2. On August 29, 2023, the Corporation announced results of a new Feasibility Study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 65.7%, with an estimated after-tax net present value of US$2.2B at an 8% discount rate. In the Corporation's view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 94% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government, received the Certificate of Authorization pursuant to section 164 of Québec's Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, and the project mining lease from the Québec Minister of Natural Resources and Forests under the Québec Mining Act. For further information, please contact: Jean-Sébastien Lavallée, P. Géo. Chief Executive Officer 819-354-5146 [email protected] Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is described in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary statement concerning forward-looking statements This news release contains 'forward-looking information' within the meaning of Canadian Securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'scheduled', 'anticipates', 'expects' or 'does not expect', 'is expected', 'scheduled', 'targeted', or 'believes', or variations of such words and phrases or statements that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward-looking information contained herein include, without limitation, statements relating to the results and completion of the 2025 exploration program and its related objectives, securing a strategic partnership and project financing leading to a Final Investment Decision. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Although Critical Elements has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Factors that may cause actual results to differ materially from expected results described in forward-looking information include, but are not limited to: final and complete results of the Corporation's 2025 exploration program and effects on the Corporation's stated objectives, as well as those risk factors set out in the Corporation's Management Discussion and Analysis for its most recent quarter ended February 28, 2025 and other disclosure documents available under the Corporation's SEDAR profile. Forward-looking information contained herein is made as of the date of this news release and Critical Elements disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. Forward-looking information contained herein is made as of the date of this news release. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. SOURCE: Critical Elements Lithium Corp. press release
Yahoo
09-05-2025
- Science
- Yahoo
1,200 Rare Salamanders Released in Florida Days After 42 Snakes Were Set Free in the State
The Amphibian and Reptile Conservancy released 1,204 frosted flatwoods salamanders into the wetlands of Florida's panhandle in late April Frosted flatwoods salamanders are endangered due to habitat destruction and climate change Biologists released the amphibians to improve Florida's ecosystemsFlorida is gaining more amphibian residents! According to the Amphibian and Reptile Conservancy (ARC), biologists released 1,204 frosted flatwoods salamanders in the wetlands of the Florida panhandle in late April. Frosted flatwoods salamanders are listed as endangered on the IUCN Red List. The April release was an effort to help bolster the amphibian population and save the salamanders from extinction. The Amphibian and Reptile Conservancy is committed to helping salamander species through releases and habitat restoration. "Along with our incredible partners here, we're carrying out a multi-faceted strategy for frosted flatwoods salamanders. We're not only releasing more salamanders onto the land; we're building better habitats and making sure the ecosystem contains what these amphibians need, all to give them a fighting chance against the big threats they face," JJ Apodaca, the executive director of ARC, shared. The salamanders released into Florida are part of a process called head-starting. Biologists collected the animals as unhatched eggs in the wild, hatched them, and raised them in protected environments. Then, the biologists released the salamanders back into the wild once they reached a size more suitable for surviving in the wild. ARC is also working on a captive breeding program for frosted flatwoods salamanders and plans to release the salamanders that result from the initiative. "This is a species persisting in the face of a lot of adversity, and there's a committed team of people mirroring that persistence by working hard to help them in many ways," ARC project coordinator Nicole Dahrouge said. While the salamanders have numerous supporters at ARC and the organization's partners, the amphibians still face mounting hazards. "The looming climate threats are pretty worrisome; with storm surges and flooding, the coastal populations are increasingly at risk," Dahrouge added. Still, Dahrouge remains optimistic about the frosted flatwoods salamander's future and the "positive changes" ARC is making for them. "These animals matter, even if most people never see them or might not even notice their absence if they were lost," she said. "They're part of a system that's been in place long before we arrived, and the tragedy of their loss would be an avoidable one." The release of the over 1,200 salamanders comes days after a large snake release. On April 25, The Nature Conservancy and its partners released 42 young eastern indigo snakes, 22 females and 20 males, at the Apalachicola Bluffs and Ravines Preserve (ABRP) in Florida. Indigo snakes are non-venomous apex predators that bring balance to the longleaf pine ecosystems they are native to. The species is also the longest snake native to the U.S. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. "In restoring ecosystems, each species plays a part in bringing back natural balance," the ABRP preserve manager, Catherine Ricketts, said in a statement. "In our longleaf pine-wiregrass savannas, we want the complete suite of species here, including birds, mammals, insects, and an apex predator: the eastern indigo snake. These snakes are a key component of restoring north Florida's longleaf pine forests." Read the original article on People
