Battery Metals

Energy Fuels  - Are we seeing the first signs of ramping up?

Energy Fuels - Are we seeing the first signs of ramping up?

Energy Fuels reported 2022-1Q results generally in line with expectations and gave an update on operations. Production and sales remain small (modest Vanadium sales) making bottom line results largely a function of operating costs. A slight increase in operating losses ($10.2m versus $8.8m) and net losses ($14.7m versus $10.9m) reflect additional ramp up costs for UUUU's rare earth element (REE) development and were expected. Development discussions were largely a repeat of the April update. But wait! A uranium supply contract?!?! Management plans to separate REE elements, efforts to access new REE supplies (Monzanite), and its medical isotope recovery partnership. This is all old news. However, management also announced on a call with investors (not in the press release) that it had just signed a uranium supply contract. This is the first contract in several years and a clear sign that the uranium market has improved to a point where UUUU may ramp up production, "perhaps as early as this summer." Read More >>

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Energy Fuels Announces 2022 Results; Emerging as the Leading US Producer of Critical Minerals with Focus on Uranium and Rare Earth Elements

Energy Fuels Announces 2022 Results; Emerging as the Leading US Producer of Critical Minerals with Focus on Uranium and Rare Earth Elements

Webcast on March 10, 2023

Preparing multiple uranium mines for production, completing profitable sales & developing rare earth refining capacity to power up to 1 million EVs per year by late-2023 or early-2024, while strengthening the balance sheet and avoiding debt.

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CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, announced the presentations from the CleanTech and Precious Metal Virtual Investor Conference held on February 14 th -16 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/3S1V1yg

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CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

CleanTech & Precious Metals Virtual Investor Conference: Presentations Now Available for Online Viewing

Virtual Investor Conferences, the leading proprietary investor conference series, announced the presentations from the CleanTech and Precious Metal Virtual Investor Conference held on February 14 th -16 th are now available for online viewing.

REGISTER NOW AT : https://bit.ly/3S1V1yg

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Energy Fuels Completes Sale of Alta Mesa Property to enCore Energy for Total Gross Proceeds of $120 Million

Energy Fuels Completes Sale of Alta Mesa Property to enCore Energy for Total Gross Proceeds of $120 Million

Sale provides Energy Fuels with significant non-dilutive funding for expansion of industry-leading US uranium production and completion of 'Phase 1' rare earth separation circuit.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ( "Energy Fuels" or the "Company" ) is pleased to announce that it has completed the sale (the " Closing ") of three (3) wholly-owned subsidiaries that together hold Energy Fuels' Alta Mesa ISR Project (" Alta Mesa ") to enCore Energy Corp. (" enCore ") for total consideration of $120 million (the " Transaction "). Unless otherwise indicated, all references to dollar amounts in this press release are references to US$.

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Energy Fuels Completes Acquisition of Rare Earth and Heavy Mineral Project in Brazil

Energy Fuels Completes Acquisition of Rare Earth and Heavy Mineral Project in Brazil

Acquisition of Bahia Project expected to supply the raw materials needed by the Company's US facility for the production of advanced rare earth materials used in EVs, clean energy, and defense technologies.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ( "Energy Fuels" or the "Company" ) is pleased to announce that it has completed its previously announced acquisition (the " Closing ") of seventeen (17) mineral concessions between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square miles) (the " Bahia Project "). The Closing followed the Brazilian Government's approval of the transfers to Energy Fuels' wholly owned Brazilian subsidiary Energy Fuels Brazil, Ltda. At the Closing, the Company paid the mineral owners the remaining $21.9 million cash.

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Marvel Drills Three Holes, Expands Drill Program to 1,400 Meters at KLR-Walker Uranium Project, Athabasca Basin

Marvel Drills Three Holes, Expands Drill Program to 1,400 Meters at KLR-Walker Uranium Project, Athabasca Basin

Marvel Discovery Corp. (TSXV:MARV)(Frankfurt:O4T)(OTCQB:MARVF); ("Marvel" or the "Company") is pleased to provide an update on the inaugural diamond drilling program at the DD and Highway Zone within the KLR-Walker Uranium Project ("the Property") in the Athabasca Basin (Figure 1). The drill program was originally planned for 1,000m and has since been expanded to 1,400m. To date, 3 drill holes have been completed for a total of 684m

Marvel Discovery Corp., Monday, March 13, 2023, Press release picture
Figure 1. Highway North, Walker and KLR claim groups along the Key Lake Fault with prominent VTEM conductor trends.

Holes KLR23-01 and KLR23-02 targeted a previous 2015 backpack drill hole that intersected 1.96% U over 29cm at the Highway Zone. Hole KLR23-01 recorded a peak of 12,000 cps over a 4 m interval of anomalous gamma-ray readings (Figure 2). Drill hole KLR23-03 was drilled at the DD Zone 1.5 km north of the Highway Zone targeting historic drill holes DD-03, DD-16, and DD-21 where in 2015 a backpack drill hole intersected 1.57% U over 4 cm. The DD Zone was first explored and outlined via surface trenching in 1970.

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Canada Silver Cobalt Reassessing Its Shillington Copper Property with Historical Drill Core Copper Grades up to 18.28 % Cu over 0.30m and as Wide as 0.50% Cu over 12.50m

Canada Silver Cobalt Reassessing Its Shillington Copper Property with Historical Drill Core Copper Grades up to 18.28 % Cu over 0.30m and as Wide as 0.50% Cu over 12.50m

Canada Silver Cobalt Works Inc. (TSXV: CCW) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Canada Silver Cobalt") has decided to re-assess the value of it's fully owned Shillington Copper Property north of Castle East, near Gowganda Ontario. The Shillington Copper Property has the potential to become a valuable Copper exploration asset given the current market demand.

The Company had previously acquired the 2190-hectare Shillington Copper Property in 2020 to expand the land package and exploration potential north of Castle East given the geology and controlling structures nearby. The Company completed a ground-truthing and prospecting program in 2021 over a 2 square kilometre area and identified strong mineralization from grab and outcrop samples. The Company will plan a future exploration program to define the extent of this potential high-grade copper mineralised area.

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Uranium Energy Corp Announces Inaugural Sustainability Report

Uranium Energy Corp Announces Inaugural Sustainability Report

Uranium Energy Corp (NYSE American: UEC) (the " Company " or " UEC ") is pleased to announce the completion of its inaugural Sustainability Report (the "Report"). The Report, which includes the Company's achievements for Fiscal 2022 and plans for Fiscal 2023, is available on the Company website at https:www.uraniumenergy.comsustainability and has been filed with the SEC through EDGAR on Form 8-K.

"UEC Powering the Clean Energy Future" www.uraniumenergy.com/sustainability (CNW Group/Uranium Energy Corp)

Amir Adnani , CEO and President stated: "This inaugural Sustainability Report demonstrates our ongoing commitment to the environment, our people, the communities we work in and our high corporate governance standards. Our Environmental, Social and Governance program, launched in 2021, formalizes and builds upon the strong environmental, health and safety record the Company prides itself on. 2022 was a remarkable growth year for UEC as we invested over half billion dollars by making three highly accretive acquisitions, including Uranium One Americas, Inc., UEX Corporation and Rio Tinto's world-class Roughrider Project."

Mr. Adnani continued: "We are particularly pleased with the progress made on measuring our scope 1 and 2 emissions in Texas and achieving carbon neutral status at our Hobson Central Processing Plant. Additionally, our Wyoming reclamation program made great progress that is now in the final regulatory stages of returning 68 acres of in situ-recovery wellfield property to its landowner. Reclamation is an important part of the uranium project lifecycle, ensuring the restoration of affected nature and biodiversity at our project sites."

Mr. Adnani concluded: "Sustainability, accountability, and good stewardship have been central to the way we do business since the Company's founding 18 years ago and will be a foundational value system to support our future ambitions. UEC is powering the clean energy future as a leading supplier of low-cost, environmentally-friendly uranium for the nuclear industry from proven, politically stable resource jurisdictions."

Uranium Energy Corp is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery ("ISR") uranium projects in the United States and high-grade conventional projects in Canada . The Company has two production-ready ISR hub and spoke platforms located in South Texas and Wyoming . These two production platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, the Company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of North American warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource stage uranium projects. The Company's operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining.

Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103

Safe Harbor Statement

Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Many of these factors are beyond the Company's ability to control or predict. 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 statements contained in this news release and in any document referred to in this news release. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/uranium-energy-corp-announces-inaugural-sustainability-report-301770911.html

SOURCE Uranium Energy Corp

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2023/14/c1082.html

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EY Expert: Energy Transition Bringing New Faces to Mining, but Challenges Remain

Discussions around the energy transition are bringing a new crop of investors into mining.

As the biggest event in the resource space returned in full force, an expert from EY told the Investing News Network (INN) he's encouraged by the changing face of the mining investment storyline.

On the sidelines of year's instalment of the annual Prospectors & Developers Association of Canada convention, known as PDAC, the mining sector expert also shared his thoughts on current challenges in the market.

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ACME Lithium Receives Highest Lithium Values to Date at Fish Lake Valley, Nevada Confirming Lithium Extension

ACME Lithium Receives Highest Lithium Values to Date at Fish Lake Valley, Nevada Confirming Lithium Extension

ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to report that its recent Phase 2 geological field review and sampling program at Fish Lake Valley, Nevada has resulted in numerous new occurrences of lithium values exceeding 1200 ppm lithium with the highest surface value to date at 1418 ppm lithium. Boron anomalies up to 1964 ppm occur with and adjacent to surface lithium anomalies. See results in link to table below.

Fish Lake Valley Sampling Results

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ALX Resources Corp. Acquires Reindeer Lithium Project, Northern Saskatchewan, Canada

ALX Resources Corp. Acquires Reindeer Lithium Project, Northern Saskatchewan, Canada

ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has acquired by way of purchase the Reindeer Lithium Project ("Reindeer", or the "Project") in northern Saskatchewan. Reindeer consists of 5 mineral claims totalling 13,239 hectares (32,713 acres), located approximately 130 kilometres (81 miles) due east of LaRonge, SK and 20 kilometres (12.4 miles) southwest of the community of Pelican Narrows, SK. Reindeer is 100%-owned by ALX, subject to a 2.0% net smelter returns royalty ("NSR") in favour of the vendor of the Project claims (the "Claims").

Highlights of the Reindeer Lithium Project

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