Latest news with #PoO
Cision Canada
30-04-2025
- Business
- Cision Canada
CENTURY LITHIUM PROVIDES UPDATE ON ANGEL ISLAND English
VANCOUVER, BC, April 30, 2025 /CNW/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to provide an update on its 100%-owned lithium project, Angel Island ("Angel Island") near Silver Peak, Nevada. Strategic Policy Developments Century Lithium welcomes recent Executive Orders from the White House under President Donald J. Trump, which prioritize domestic mining and processing of critical minerals. These directives emphasize the need for a secure US-based supply chain for lithium, which is an essential mineral for use in battery production for energy storage, EVs, and defense. The Company believes it is uniquely positioned to support this national initiative with Angel Island, a feasibility-level lithium project, and a single-source miner and producer of lithium carbonate. "Century Lithium is uniquely prepared to contribute to a domestic solution for lithium products at Angel Island," said Bill Willoughby, Century Lithium President and CEO. "Our demonstration plant and advanced technology position us to contribute to the efforts of the US mining industry in building secure and sustainable domestic critical minerals supply chains." Permitting Update The Company recently met with the Nevada State Office of the Bureau of Land Management ("BLM") to discuss the implications of recent White House Executive Orders and progress on environmental studies and permitting for Angel Island. On the Federal level, the remaining steps include completion and approval of final baseline studies, and completion and submittal of the Mine Plan of Operations ("PoO") for BLM approval. Following approval of the PoO, the BLM will determine the appropriate level of National Environmental Policy Act analysis that will be required, either an environmental assessment or an environmental impact statement. Throughout this process to date, the BLM has provided helpful and timely assistance as we work through the permitting process. Century Lithium looks forward to a continued positive working relationship with the BLM moving forward. ABOUT CENTURY LITHIUM CORP. Century Lithium Corp. is an advanced stage lithium company, focused on developing its wholly owned Angel Island project in Esmeralda County, Nevada, which hosts one of the largest sedimentary lithium deposits in the United States. The Company has utilized its patent-pending process for chloride leaching combined with direct lithium extraction to make battery-grade lithium carbonate product samples from Angel Island's lithium-bearing claystone on-site at its Demonstration Plant in Amargosa Valley, Nevada. Angel Island is one of the few advanced lithium projects in development in the United States to provide an end-to-end process to produce battery-grade lithium carbonate for the growing electric vehicle and battery storage market. Angel Island is currently in the permitting stage for a three-phase feasibility-level production plan expected to yield an estimated life-of-mine average of 34,000 tonnes per year of carbonate over a 40-year mine-life. To learn more, please visit ON BEHALF OF CENTURY LITHIUM CORP. WILLIAM WILLOUGHBY, PhD., PE President & Chief Executive Officer NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. Cautionary Note Regarding Forward-Looking Statements This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", 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" and similar expressions suggesting future outcomes or statements regarding an outlook. Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans. These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at The Company expressly disclaims any obligation to update forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. SOURCE Century Lithium Corp.
Associated Press
25-03-2025
- Business
- Associated Press
Idaho Copper Announces US Forest Service Decision Notice and Finding of No Significant Impact for CuMo Exploration Project Plan
Boise, Idaho, March 25, 2025 (GLOBE NEWSWIRE) -- Idaho Copper Corp. (OTC Pink: COPR) is pleased to announce that on March 14, 2025 the United States Forest Service, Boise National Forest ('USFS') issued a Decision Notice and Finding of No Significant Impact under an Environmental Assessment approving the Company's Plan of Operations ('PoO') to conduct exploration drilling and related activities at its CuMo project located in Boise County, Idaho. Andrew Brodkey, Company CEO commented, 'This is a major milestone for Idaho Copper. We have been working with the Forest Service since 2016 to build a plan that complies with myriad federal laws and regulations to ensure that exploration activities at CuMo will not have any significant effect on the environment. The Forest Service has done an admirable job, with hundreds of pages of specialist reports addressing all conceivable environmental concerns from exploration. In addition, the Decision Notice requires the Company to implement dozens of mitigation measures and best management practices designed to protect the environment. Idaho Copper's work under the PoO will consist mainly of temporary road building, maintenance, and drilling activities, and requires that when complete, all roads, drillpads, and drillholes are properly closed and reclaimed. Most importantly, there will be no significant impact to the Boise River, its tributaries, or the Boise River Watershed, through the application of mitigating measures set forth in the Forest Service Decision Notice.' The exploration activities outlined in the PoO are needed to develop additional data to determine if a future decision to proceed with a mine is justified. Nothing beyond exploration has been approved by the Forest Service via this DN, and any decision to develop a mine is years away. Any such decision will depend, among other things, on the preparation of an Environmental Impact Statement ('EIS') under federal law, in which the public will have the right to participate. About Idaho Copper Corporation Idaho Copper Corporation is a mineral exploration and development company focused on exploring and developing a massive copper-molybdenum-silver deposit in Idaho (United States), ('the CuMo' project). The CuMo project currently consists of one hundred and twenty-six (126) federal unpatented lode mining claims, and six (6) patented mining claims. In total, the project comprises approximately 2,640 acres. The unpatented lode mining claims and patented claims are situated in an unorganized mining district in Boise County, Idaho. For more information, visit: Safe Harbor Statement This press release contains forward looking statements which are based on current expectations, forecasts, and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as 'may,' 'will,' 'could,' 'would,' 'should,' 'anticipate,' 'predict,' 'potential,' 'continue,' 'expect,' 'intend,' 'plan,' 'project,' 'believe,' 'estimate,' and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors. Stockholders and potential investors should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by the forward-looking statements in this report are reasonable, the Company cannot assure stockholders and potential investors that these plans, intentions or expectations will be achieved. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, and other factors, some of which are beyond the Company's control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. Except to the extent required by law, the Company has no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, a change in events, conditions, circumstances or assumptions underlying such statements, or otherwise. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading 'Risk Factors' in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the Securities and Exchange Commission (the 'SEC') on May 15, 2024, and the Company's other periodic and quarterly filings with the SEC.
