Skip to content

Megawatt Lithium and Battery Metals Corp. (CSE:MEGA) – Notable News

May 25, 2022

Megawatt Lithium and Battery Metals Corp. (CSE:MEGA, Not Rated, Koby Kushner) has completed a review of all available data related to two projects, Arctic Fox and Isbjorn, in Northern Territory, Australia, targeting rare earth elements (REEs). The following results were reported from historical sampling at Arctic Fox: 1) nine samples returned anomalous Ce (>1,000 ppm), with up to 3,730 ppm, 2) eight samples returned anomalous La (>500 ppm), with up to 1,870 ppm, 3) six samples returned anomalous Nd (>500 ppm), with up to 1,450 ppm, 4) 12 samples returned anomalous Pr (>100 ppm), with up to 424 ppm, and 5) 13 samples returned anomalous Hf (>100 ppm), with up to 445 ppm. A total of 256 samples have now been taken and analyzed from Crossland Uranium’s (ASX:CUX, Not Rated) surveys, with 138 in the western part of the Arctic Fox project. Notably, both Arctic Fox and Isbjorn were previously explored for uranium, with samples from Arctic Fox returning up to 1,179 ppm U3O8, while samples from Isbjorn returned up to 699 ppm U3O8 (read more). Megawatt’s technical team is expected to make an initial trip to the Arctic Fox and nearby Isbjorn projects in the near term to evaluate site access, conduct sampling work, and devise the next phase of exploration. In our view, Megawatt’s refined focus on these projects comes at the right time and place: market fundamentals have continued to improve for REEs, given that they are key ingredients required for electric motors, and countries are placing higher importance on strengthening their domestic supply chains given that China controls 70-80% of the global REE market. Further, Arctic Fox is contiguous with Arafura Resources’ (ASX:ARU, Not Rated) Nolans Bore REE and uranium project, Power Metal Resources’ (LSE:POW, Not Rated) Selta project, and Isbjorn is within 15km of the Charley Creek REE deposit. Nolans Bore also has a JORC-compliant resource of 56Mt at 162 ppm U3O8 and 2.6% total rare earth oxides, which is capable of potentially supplying 10% of global REEs required for electric motors. Read more

Top Stories

COMPANIES


ACME Lithium Inc.
Adyton Resources Corp.
Alianza Minerals Ltd.
American Eagle Gold Corp.
Anfield Energy Inc.
Angold Resources Ltd.
Appia Energy Corp.
Aquila Resources Inc.
Arianne Phosphate Inc.
Aris Gold Corp.
Aston Minerals Ltd.
Atico Mining Corp.
Atomic Minerals Corp.
Altaley Mining Corp.
ALX Resources Corp.
Aura Minerals Inc.
Aurion Resources
Awalé Resources Ltd.
Azincourt Energy Corp.
Baselode Energy Corp.
Basin Uranium Corp.
Benz Mining Corp.
Blackrock Silver Corp.
Blue Sky Uranium Corp.
Blue Star Gold Corp.
Brixton Metals Corp.
Bradda Head Lithium Ltd.
Canada Nickel Company Inc.
Canadian Palladium Resources Inc.
Canagold Resources Ltd.
CanAlaska Uranium Ltd.
Capitan Mining Inc.
Cassiar Gold Corp.
CAVU Energy Metals Corp.
Chalice Mining Ltd.
Churchill Resources Inc.
Cerrado Gold Inc.
CMC Metals Ltd.
Compass Gold Corp.
Contact Gold Corp.
Consolidated Uranium Inc.
Consolidated Woodjam Copper Corp.
CopperBank Resources Corp.
Cordoba Minerals Corp.
Cross River Ventures Corp.
Currie Rose Resources Inc.
De Grey Mining Ltd.
Deep-South Resources Inc.
Defiance Silver Corp.
Doré Copper Mining Corp.
Electra Battery Materials Corp.
Emgold Mining Corp.
Empress Royalty Corp.
enCore Energy Corp.
Energy Fuels Inc.
EnviroGold Global Ltd.
Equity Metals Corp.
Eskay Mining Corp.
EV Nickel Inc.
E3 Metals Corp.
E79 Resources Corp.
Fidelity Minerals Corp.
Fiore Gold Ltd.
FireFox Gold Corp.
Fission Uranium Corp.
Fission 3.0 Corp.
Flying Nickel Mining Corp.
Foremost Lithium Resource & Technology Ltd.
Galleon Gold Corp.
GCM Mining Corp.
Genesis Metals Corp.
Getchell Gold Corp.
Giyani Metals Corp.
Global Atomic Corp.
Gold’n Futures Mineral Corp.
Gold79 Mines Ltd.
Gold Bull Resources Corp.
Goldplay Mining Inc.
GoviEx Uranium Inc.
Graycliff Exploration Ltd.
Great Bear Royalties Corp.
Great Panther Mining Ltd.
Grid Metals Corp.
Group Ten Metals Inc.
GT Gold Corp.
G6 Materials Corp.
HeliosX Lithium & Technologies Corp..
Japan Gold Corp.
Karora Resources Inc.
Kesselrun Resources Ltd.
Klondike Gold Corp.
Kutcho Copper Corp.
Lake Resources NL
Labrador Uranium Inc.
Laramide Resources Ltd.
Libero Copper & Gold Corp.
Lion One Metals
Lotus Resources Ltd.
Lumina Gold Corp.
Luminex Resources Corp.
Mako Mining Corp.
Marimaca Copper Corp.
Mawson Gold Ltd.
Megawatt Lithium and Battery Metals Corp.
Metallum Resources Inc.
MineHub Technologies Inc.
Minera Alamos Inc.
Monarca Minerals Inc.
Mountain Boy Minerals Ltd.

NexGen Energy Ltd.
New Placer Dome Gold Corp.
Nevada Exploration Inc.
NevGold Corp.
Nexus Gold Corp.
Noram Lithium Corp.
North American Palladium Ltd.
Northern Shield Resources Inc.
NorthIsle Copper & Gold Inc.
NorZinc Ltd.
Novo Resources Corp.
NXGold Ltd.
O3 Mining Inc.
Omai Gold Mines Corp.
Ophir Gold Corp.
Orford Mining Corp.
Orex Minerals Inc.
Pacton Gold Inc.
Pancontinental Resources Corp.
Paramount Gold Nevada Corp.
Pasofino Gold Ltd.
Patriot Battery Metals Inc.
Phenom Resources Corp.
Pilar Gold Inc.
Platinum Group Metals Ltd.
Prospector Metals Corp.
Purepoint Uranium Group Inc.
Quebec Precious Metals Corp.
Red Pine Exploration Inc.
Renforth Resources Inc.
Reyna Silver Corp.
RNC Minerals Corp.
Rockcliff Metals Corp.
Sailfish Royalty Corp.
Seabridge Gold Inc.
Sigma Lithium Corp.
Silver Tiger Metals Inc.
Silver Viper Minerals Corp.
Silver X Mining Corp.
Sixth Wave Innovations Inc.
SKRR Exploration Inc.
Skyharbour Resources Ltd.
SolGold Plc.
Southern Gold Ltd.
Southern Silver Exploration Corp.
South Atlantic Gold Inc.
South Star Battery Metals Corp.
St. Anthony Gold Corp.
Standard Lithium Ltd.
Standard Uranium Ltd.
Star Diamond Corp.
Stratabound Minerals Corp.
Strategic Metals Ltd.
Sterling Metals Corp.
Sun Summit Minerals Inc.
Tanzanian Gold Corp.
Tarachi Gold Corp..
Tectonic Metals Inc.
Tempus Resources Ltd.
Thunderstruck Resources Ltd.
Tonogold Resources Inc.
Trillium Gold Mines Inc.
Troilus Gold Corp.
UEX Corp.
Ultra Resources Inc.
ValOre Metals Corp.
Vanadium One Iron Corp.
Visionary Gold Corp.
Vista Gold Corp.
Vox Royalty Corp.
Wallbridge Mining Company Ltd.
Wealth Minerals Ltd.
Western Atlas Resources Inc.
Westhaven Gold Corp.
West Mining Corp.
Whitehorse Gold Corp.
World Copper Ltd.

Commodities

  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc
All Commodities
  • All Commodities
  • Cobalt
  • Copper
  • Gold
  • Lithium
  • Nickel
  • Royalty
  • Silver
  • Uranium
  • Zinc

Aston Minerals Ltd. (ASX:ASO) – The “Bond Car” of Nickel Discoveries in Timmins

Seabridge Gold Inc. (TSX:SEA) – Updated PFS Strengthens Economic and Operational Profile

Westhaven Gold Corp. (TSXV:WHN) – Drilling Extends Mineralization at the FMN and Alpine Zones

Content Filters