Coniagas Battery Metals Engages SGS in Quebec to Propel Strategic Funding and Technological Advancements for Re-2Ox and Eventual Production Facility

Coniagas Battery Metals Engages SGS in Quebec to Propel Strategic Funding and Technological Advancements for Re-2Ox and Eventual Production Facility

(TheNewswire)

Quebec is a strategic gateway to the emerging North American EV industry with excellent workforce, infrastructure, and green energy.

Vancouver, BC TheNewswire - May 21, 2024 Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), a leading junior exploration company focused on battery metals, is thrilled to announce a pivotal engagement with SGS, a globally renowned leader in inspection, verification, testing, and certification, through their office in Quebec City. This strategic collaboration is designed to power Coniagas' pursuit of funding and technological advancements in the Cobalt, Nickel, Copper, and Zinc sectors, driving us towards establishing a state-of-the-art production facility in Quebec.

Frank Basa, P.Eng. Ontario, President and CEO of Coniagas, stated, "Partnering with SGS accelerates our strategic orientation and technological readiness, positioning us to meet the aggressive timelines of the rapidly expanding EV industry. This collaboration strengthens our grant application documentation and funding strategies, ensuring we are well-prepared to support and advance our projects in the battery metals space." Mr Basa adds, "The Re-2Ox process is fully hydrometallurgical with no smelting. Hydrometallurgical processes typically offer a much less carbon intensive solution over traditional smelting. This is important as we want to supply critical elements like cobalt sulphate and nickel sulphate to a market that is actively decarbonizing. We want to shorten the supply chain to further reduce emissions and use clean, low-carbon energy from Quebec Hydro to achieve production goals."

The core objective of this engagement, signed May 13, 2024, is to strategically align Coniagas with its access to Nord Precious Metals Mining Inc.'s Re-2Ox process, enhancing our readiness for the technological and operational advancements required to supply the burgeoning Electric Vehicle (EV) market in Canada and North America. As we gear up for funding, Coniagas will conduct comprehensive metallurgy testing at the lab scale using materials from the Graal project and international sources. These tests will build upon the extensive evaluations already conducted at SGS Lakefield with ores from the Cobalt Mining Camp.

As part of this multiphase project, Coniagas aims to establish technical readiness and a solid funding strategy. Additionally, the potential establishment of a pilot plant at SGS Quebec will accelerate our technological readiness. This pilot plant will help set the criteria for a full-scale production facility and demonstrate on a larger scale our ability to process different offshore feeds. We anticipate processing oxide feeds that smelters currently overlook or cannot handle, thus expanding our processing capabilities and market reach.

Matthew Halliday, P.Geo., a member of the Ordre des géologues du Québec (OGQ) and Qualified Person (QP) for Coniagas, added, "The rigorous testing at SGS will fortify our existing data, ensuring we are at the forefront of delivering high-quality battery metals to the dynamic EV market. This partnership underscores our dedication to being a critical player in the supply chain, collaborating with partners both upstream and downstream."

Quebec offers unparalleled advantages with its strong infrastructure, access to affordable green power, and critical ocean ports along the St. Lawrence River. These strategic assets make Quebec an ideal location for processing offshore ores, while the province and Coniagas work diligently to develop new mines and enhance production capacity. Our vision is to establish a cutting-edge production facility in Quebec that aligns with the industry's aggressive timelines and demands.

The Re-2Ox process has a proven track record, including producing 22.6% cobalt sulphate on specification for a major metal trader in Asia. The process also effectively rejects and stabilizes deleterious elements such as arsenic and has successfully produced rubidium carbonate. This adaptability and proven success highlight Coniagas' capability to meet the evolving needs of the battery metals market.

Mr. Basa concluded, "With the support of SGS and our strategic initiatives, Coniagas is poised to significantly contribute to the EV industry's supply chain. We are committed to advancing our projects and delivering top-tier products that align with market demands and timelines. Our goal is clear: to see a world-class production facility in Quebec that meets and exceeds the expectations of the booming EV market."

Qualified Person

The technical information in this news release was reviewed and approved by Matthew Halliday, P.Geo., and a member of the Ordre des géologues du Québec (OGQ) who is a Qualified Person in accordance with National Instrument 43-101.

About Coniagas Battery Metals Inc.

Coniagas Battery Metals Inc. is a Canadian junior mining company focused on nickel, copper and cobalt and platinum group metals in Québec. Coniagas' strategy is to create value for shareholders through the development of its mineral properties, with the intention to develop Coniagas into a critical metals supplier to the electric vehicle (EV) market.

At its 100% owned Graal project near Saguenay, Quebec, Coniagas has conducted successful exploration involving geophysics as well as shallow drilling that hit mineralization in almost every hole. It has confirmed an open-pit deposit model at Graal along a 6 km strike length of high-grade nickel and copper with cobalt, platinum and palladium byproducts.  The Company plans in the near-term to conduct additional drilling leading to the production of a Ni 43-101 resource report, metallurgical testing and consultations with First Nations. The Graal project and immediate work plan are outlined in detail in the "NI 43-101 Technical Report Graal Nickel & Copper Project, Saguenay-Lac-St-Jean, Quebec, Canada" dated January 17, 2024. The report is available along with other information at the Company's website https://coniagas.com/

"Frank J. Basa"

Frank J. Basa, P. Eng., a Member of the Professional Engineers of Ontario

Chief Executive Officer

For further information, contact:

Frank J. Basa,

Chief Executive Officer

416-625-2342

or:

Wayne Cheveldayoff, Corporate Communications

P: 416-710-2410   E: waynecheveldayoff@gmail.com

You can follow Coniagas on Social Media:

LinkedIn:

X (Twitte r ):

Facebook:

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking statements regarding Coniagas Battery Metals Inc. ("Coniagas" or the "Company") which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address the Coniagas trading on the TSX Venture Exchange, resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. No assurance can be given that any of the foregoing will be achieved. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.

Copyright (c) 2024 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

COS:CC
Coniagas Battery Metals

Coniagas Battery Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Coniagas Battery Metals

Coniagas Battery Metals


Keep reading...Show less
Coniagas Applies for Permits to Expand on Current 28.9 m of 2.28 % CuEq in MHY Zone

Coniagas Applies for Permits to Expand on Current 28.9 m of 2.28 % CuEq in MHY Zone

(TheNewswire)

Coniagas Battery Metals Inc.

Vancouver, BC June 12 2024 TheNewswire Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), is pleased to provide an update on the ongoing exploration activities at the Graal property, highlighting the potential of this strategically located asset near Saguenay-Lac St. Jean, Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals to Participate in THE Mining Investment Event of the North Conference June 4-6, 2024 in Quebec City

Coniagas Battery Metals to Participate in THE Mining Investment Event of the North Conference June 4-6, 2024 in Quebec City

Quebec is a strategic gateway to the emerging North American EV industry with excellent workforce, infrastructure, and green energy

Coniagas Battery Metals Inc. (TSXV: COS) ("Coniagas" or the "Company"), a leading junior exploration company focused on battery metals, will participate and meet with investors at THE Mining Investment Event of the North Conference in Quebec City, June 4-6, 2024.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals Announces Positive Initial Copper-Cobalt Sample Results as it Advances Evaluation of Offshore Stockpiles

Coniagas Battery Metals Announces Positive Initial Copper-Cobalt Sample Results as it Advances Evaluation of Offshore Stockpiles

(TheNewswire)

Coniagas Battery Metals Inc.

Amid a booming market, Coniagas is exploring offshore copper and cobalt opportunities for processing in Qu ebec, a strategic gateway to the emerging North American EV industry

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals Identifies Offshore Stockpile Opportunities for Evaluation with Re-2Ox Hydrometallurgical Process

Coniagas Battery Metals Identifies Offshore Stockpile Opportunities for Evaluation with Re-2Ox Hydrometallurgical Process

(TheNewswire)

Coniagas Battery Metals Inc.

These offshore stockpiles provide an exciting opportunity to leverage our Re-2Ox process and establish a full-scale production facility in Quebec.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals Secures Critical Ground Near SOQUEM's Cardinal Property, Accelerating Expansion into High-Grade Cu-Ni-Co-PGE Deposits

Coniagas Battery Metals Secures Critical Ground Near SOQUEM's Cardinal Property, Accelerating Expansion into High-Grade Cu-Ni-Co-PGE Deposits

(TheNewswire)

Developing a High-Grade Battery Metals property portfolio in Quebec, Coniagas aims to advance these properties towards production

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
South Star Battery Metals Announces Land Purchase, Construction Update, and the Approval of the Definitive Mining Licenses For Phases 1, 2 & 3 for its Santa Cruz Graphite Mine in Brazil

South Star Battery Metals Announces Land Purchase, Construction Update, and the Approval of the Definitive Mining Licenses For Phases 1, 2 & 3 for its Santa Cruz Graphite Mine in Brazil

Santa Cruz Graphite Mine Highlights:

  • Final payment of land purchase for Phase 1 Plant and Operations.
  • Approval of the Definitive Mining Licenses For Phases 1, 2 & 3. All mining and environmental licenses/permits are approved and in-hand for the future phased, modular expansion of Santa Cruz graphite production up to 50,000 tonnes/year.
  • Phase 1 construction is on schedule for substantial completion by the end of June 2024 followed by a 6-week plant commissioning and ramp-up period. Commercial sales are planned to start in September 2024. Name plate production capacity is expected to be reached in Q4 2024.

South Star Battery Metals Corp. ("South Star" or the "Company") (TSXV:STS)(OTCQB:STSBF) is pleased to announce the final payment of the previously announced (Aug. 02, 2022) land purchase required for construction of the Phase 1 mine and plant facilities. The farm totals approximately 325 hectares and is where all the plant facilities, mine and infrastructure installations are required for the first three years of operations at its Santa Cruz Graphite Project in Bahia, Brazil

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
QX Resources Ltd  Large Basin Confirmed in Drillholes at Liberty Lithium Brine

QX Resources Ltd Large Basin Confirmed in Drillholes at Liberty Lithium Brine

Perth, Australia (ABN Newswire) - QX Resources Limited (ASX:QXR) can confirm that the Liberty Lithium brine project in California, USA, is a large brine basin with numerous brine aquifers, shown in downhole sampling and geophysics in the second hole of the Company's two-hole diamond drill program (Table 1*).

- Drilling and geophysics indicate the existence of a large brine basin at Liberty Lithium Brine Project USA, with brine intersected over 400 m vertically.

o Geological similarities confirmed with the nearby Silver Peak lithium brine producer Albemarle, in Clayton Valley Nevada, with encouraging initial lithium assay results, aquifers and salinity.

- Lithium brine specialists have proposed additional drilling to intersect deep lithium brines in the centre of the basin, in a more favourable setting, further west of recent drilling.

- Discussions continue with various USA based battery supply participants who are keen to work with potential new lithium developers within the USA, including with Stardust who aim to IPO in June.

- QXR and IG Lithium Option Agreements are being amended to facilitate undertaking further drilling.

- QXR aims to provide an update soon on progress with gold exploration in Queensland.

Porous conglomerates saturated with brines were intersected beneath fine grained lake sediments with sandy layers. The geology intersected is very encouraging as it is similar to the producing sequences of Clayton Valley Nevada, where Albemarle's producing lithium brine deposit is located. Detailed downhole geophysics together with initial downhole brine sampling (packer sampling) shows increasing salinity with depth, together with large brine volumes, both encouraging for discovering a potentially economic lithium brine deposit in the properties.

Although the maximum lithium assay values were 50mg/l Li over 15 metres near the base of hole #2 (Table 2*), the salinity and conductivity increased with depth, at levels similar to known producers. Ingress of fresh water into the aquifers may explain the lower lithium values in drill holes #1 and #2 being located close to a range front fault on the edge of the basin. These initial holes were located near the edge of the basin in part for logistics and access reasons as well as the surface lithium anomaly.

Hole #2 also intersected thick porous brine horizons - critical for future success- which is considered encouraging, together with the geological similarity to Clayton Valley NV (Albemarle's Silver Peak mine). These similarities include basal porous conglomerate units containing brine beneath finer grained lake sediments.

However, the best producing horizons at Clayton Valley are tuff units within the sediment package which have not been intersected in drillholes to date, but which outcrop 4km to the southwest of hole #2 (Figure 4*).

Results were analysed by external lithium brine specialists to produce interpretations, including the globally recognised Hydrominex Geoscience Consulting. Lithium brine specialists have advised additional drilling is required to potentially intersect deep lithium brines in the centre of the basin, further west of drilling undertaken by QXR, based on lab results to date.

QXR Managing Director, Stephen Promnitz, said: "QXR has defined a new large scale brine basin, saturated with brines, at the Liberty Lithium Brine Project. A large near-surface brine field with lithium potential is rare to date in the USA. The geological setting, with conglomerates loaded with brines, is similar to Albemarle's producing deposit. We are yet to find tuff horizons similar to Clayton Valley, which are the best brine aquifers - although they do outcrop nearby, suggesting they may exist within the basin. Surface and downhole geophysics make it compelling for further drilling to the west, in the centre of the basin under deeper sediments, which may intersect higher grade lithium brine, compared to the drilling to date."

Next Steps

Applications for further drillholes were submitted some time ago. To provide operational flexibility, an amended drill program has been submitted to regulators for approval. Bulk volumes of brine will be submitted for testwork with selected direct lithium extraction (DLE) providers, as well as with lithium refiner Stardust Power Inc, with whom QXR holds at Letter of Intent (ASX announcement 29 Feb 2024). Stardust expects to list on NASDAQ in June via a c.US$490m deal and then plans to build a lithium refinery in Oklahoma.

Discussions continue with various USA based battery supply participants who are keen to work with potential new lithium developers within the USA.

QXR and IG Lithium are currently discussing amendments to the Option Agreements to facilitate the undertaking of further drilling.

Background

The Liberty Lithium Brine Project, located in SaltFire Flat, California, covers contiguous claims over 102km2 (25,300 acres), being one of the largest single lithium brine projects in the USA (Figure 1*). The Company entered an Option to Purchase Agreement and an Operating Agreement (Option Agreements) to earn a 75% interest in the large scale Liberty Lithium brine project in California, USA, from vendor IG Lithium LLC (ASX announcement 5 October 2023). Based on results received to date, the Company is currently in discussion with IG Lithium regarding potential renegotiation of the Option Agreements to allow a longer period of time to conduct additional drilling prior to any future commitments.

Two vertical diamond drill holes were completed (369m & 443 metres depth), spaced 4km apart (Figure 2, 3*).

Holes were centred over an extensive lithium brine surface anomaly and significant MT geophysical target, interpreted as a series of conductive brine bearing aquifers at depth. Brine horizons were intersected in both holes with numerous brine aquifers intersected in drillhole #2 (ASX announcement 8 Feb 2024).

QXR entered into a Letter of Intent with Stardust Power Inc., a development stage American manufacturer of battery-grade lithium products, to assess the lithium brines from the Liberty Lithium Brine Project. The parties intend to evaluate options to potentially supply Stardust Power with lithium brine products, dependent on results, on a non-exclusive basis for processing into battery-grade lithium materials for electric vehicles (ASX announcement 29 Feb 2024). The Company plans to share the results of the two hole drill program with Stardust as part of ongoing discussions.

Drillholes

Drillhole #1 (LLD23001) was completed at 369 metres depth. Target horizons were intersected at 49m depth and 329m depth. Fine grained sediments, gravels and coarse alluvial fan material were intersected down the length of the hole. An interpretation is that the drillhole went through the range front fault at 249m depth.

Drillhole #2 (LLD24002) was completed at 433 metres depth, located 4km to the south of drillhole #1. Both drillholes were centred over significant MT geophysical targets interpreted as a series of conductive brine bearing aquifers at depth. Both holes were positioned within an extensive lithium brine surface anomaly of over 10km defined in auger samples. An interpretation is that the drillhole went through the range front fault at 370m depth.

Figures 5 shows the increase in lithium and chloride concentration in brine with increasing depth. Figures 6-8* show interpretations of the possible geology on MT geophysical lines and the location of proposed drill holes.

The location of the proposed drill holes is also shown in Figure 9*.

Recommendations

Results were analysed by external lithium brine specialists to produce interpretations, including the globally recognised Hydrominex Geoscience Consulting, and others who have closely reviewed the geological setting of Albemarle's Silver Peak lithium brine producer in Clayton Valley, Nevada. Their recommendations included additional drilling further west of drilling undertaken by QXR, to potentially intersect deep lithium brines in the centre of the basin, based on lab results to date. Surface and downhole geophysics suggests that the basin is angled to the west with deeper sediments and brines to the west of recent drilling. Further, the geochemistry of the brine samples may suggest an ingress of fresh water into the aquifers, resulting in lower lithium grade in the two holes drilled to date, as the holes were drilled adjacent to a range front fault with significant fresh water inflows into the basin, along the basin edge.

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/C58T0H5U



About QX Resources Ltd:

QX Resources Limited (ASX:QXR) is focused on exploration and development of battery minerals, with hard rock lithium assets in a prime location of Western Australia (WA), and gold assets in Queensland. The aim is to connect end users (battery, cathode and car makers) with QXR, an experienced explorer/developer of battery minerals, with an expanding mineral exploration project portfolio and solid financial support.

Lithium portfolio: QXR's lithium strategy is centred around WA's prolific Pilbara province, where it has acquired a controlling interest in four projects through targeted M&A - all of which sit in strategic proximity to some of Australia's largest lithium deposits and mines. Across the Pilbara, QXR's regional lithium tenement package (both granted or under application) now spans more than 350 km2.

Gold portfolio: QXR is also developing two Central Queensland gold projects - Lucky Break and Belyando - through an earn-in agreement with Zamia Resources Pty Ltd. Both gold projects are strategically located within the Drummond Basin, a region that has a >6.5moz gold endowment.

News Provided by ABN Newswire via QuoteMedia

Keep reading...Show less
Miguel Paucar Joins Lancaster Resources Advisory Board to Propel Corporate Growth and Sustainable Operations

Miguel Paucar Joins Lancaster Resources Advisory Board to Propel Corporate Growth and Sustainable Operations

Lancaster Resources Inc. (CSE:LCR) (OTCQB: LANRF) (FRA:6UF0) (" Lancaster "), a critical mineral exploration company, is pleased to announce the appointment of Miguel Paucar, B.Sc., M.Sc. to its Advisory Board. With over 28 years of extensive experience in the international mining sector, Miguel brings a wealth of knowledge and expertise from his work across diverse geographical regions including South Africa, Australia, Chile, Mexico, Peru, and Brazil. His career has encompassed significant roles in both underground and open-pit mining as well as geomechanics.

Miguel notably served as the Mining Director at Sigma Lithium from 2021 to 2022, where he spearheaded major advancements in lithium extraction technologies and sustainability practices. Under his leadership, the company implemented initiatives such as using 100% renewable energy and recycled water, producing "quintuple zero green" lithium with a focus on zero tailings dams and zero hazardous waste.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
CENTURY LITHIUM FILES TECHNICAL REPORT ON THE FEASIBILITY STUDY OF THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

CENTURY LITHIUM FILES TECHNICAL REPORT ON THE FEASIBILITY STUDY OF THE CLAYTON VALLEY LITHIUM PROJECT, NEVADA

Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) (Century Lithium or the Company) is pleased to announce the filing of the report " NI 43-101 Technical Report on the Feasibility Study of the Clayton Valley Lithium Project, Esmeralda County, Nevada USA", with effective date April 29 2024 (Feasibility Study or Report), to support the disclosure in the Company's news release dated April 29, 2024 (see news release ). The Report was prepared in accordance with National Instrument 43-101 (NI 43-101) by Wood Canada Limited (Wood), Global Resource Engineering, Ltd. (GRE) and WSP USA Environment and Infrastructure, Inc. (WSP). All currency amounts in this news release are presented in US dollars.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
ALX Resources Corp. Receives Analytical Results from the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

ALX Resources Corp. Receives Analytical Results from the Gibbons Creek Uranium Project, Athabasca Basin, Saskatchewan

alx resources corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the results of the 2024 winter drilling program and upcoming summer 2024 exploration plans at its Gibbons Creek Uranium Project ("Gibbons Creek", or the "Project") located in the northern Athabasca Basin near the community of Stony Rapids, Saskatchewan.

Gibbons Creek is the subject of an option earn-in transaction with Trinex Lithium Ltd., a wholly-owned subsidiary of Trinex Minerals Limited ("Trinex"), which is a publicly-traded mineral exploration company listed on the Australian Securities Exchange. Under the terms of a definitive agreement signed in May 2024, Trinex can earn an initial 51% interest and up to a 75% participating interest in the Project in two stages over a period of five years by making cash payments and common shares payments to ALX, and by incurring exploration expenditures at the Project (see ALX news release dated May 8, 2024).

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Brunswick Exploration Launches Multinational Exploration Campaign

Brunswick Exploration Launches Multinational Exploration Campaign

Brunswick Exploration Inc. (" BRW " or the " Company ") is pleased to announce that it has started a helicopter-supported prospecting campaign in Quebec with additional programs in Labrador and Greenland to begin in July and August 2024, respectively. BRW plans to systematically test hundreds of new and outcropping S-type pegmatite targets across its portfolio.

Mr. Killian Charles, President and CEO of BRW, commented: "While we continue to focus our efforts into the Mirage Project, we are thrilled to start new, ambitious grassroots initiatives throughout Eastern Canada and Greenland. These initiatives are a core pillar of BRW's strategy and, as the lithium industry remains ripe for new discoveries, we will continue to leverage our exploration expertise to rapidly identify new targets and explore in sound jurisdictions."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Coniagas Battery Metals

Coniagas Battery Metals Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×