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Search Minerals Initiates Environmental Desktop Study for the Foxtrot Ree Project

May 6, 2016 (Source) -- Search Minerals Inc. ("Search" or the "Company") (TSX Venture: SMY) is pleased to announce that the Company has engaged Allnorth to provide the Company an Environmental Assessment Roadmap. The study is anticipated to be completed within six to eight weeks.  The Roadmap will summarize and outline the process and requirements to enter into an Environmental Assessment (EA) for the Foxtrot Project Greg Andrews, President and CEO, states; "We are pleased to engage with Allnorth to complete the Environmental Roadmap for Search.  Search is excited to initiate the environmental process and looks forward to engaging with stakeholders…

Critical Elements Corporation: Lepidico Exercised Lemare Option

CRE 5-6 Fig 4 May 6, 2016 (Source) -- Critical Elements Corporation ("Critical Elements" or the "Company") (TSX VENTURE:CRE)(OTCQX:CRECF)(FRANKFURT:F12) is pleased to announce that Platypus Minerals Ltd (ASX:PLP) ("Platypus") completed its due diligence over the Lemare lithium project in Quebec, Canada, and has directed Lepidico Ltd ("Lepidico") to proceed with exercise of the Lemare Option. The Lemare lithium project is located in the James Bay region of Quebec, Canada and is prospective for pegmatite-hosted lithium mineralisation (Figure 1). The project is secured by an option agreement ("Lemare Option") entered into the Company and Lepidico on February 11, 2016 (see press release dated February 11, 2016).…

Farquharson confirms coming cobalt deficit, outlines Formation’s mine timeline

Formation_Metals Formation Metals Inc. (TSX: FCO | OTCQX: FMETF | FWB: FOQ) ) is a Canadian mineral exploration and mine development company that through its wholly owned subsidiaries has interests in base and precious metals and uranium projects in Canada, United States and Mexico. The company's primary asset, located in the mining friendly state of Idaho, is the 100% owned, fully-permitted Idaho Cobalt Project which is comprised of the mine and mill near Salmon, Idaho, and the proposed Cobalt Production Facility for refining mine concentrate. The mine site is now prepared to commence underground development contingent on successful conclusion of mine financing. As…

IBC Advanced Alloys Announces Increase to Private Placement Due to Strong Demand

May 5, 2016 (Source) -- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQB:IAALF) ("IBC" or the "Company") announces that, due to strong demand, the Company has determined to increase the size of the previously announced C$5,500,000 private placement offering (see news release dated April 7, 2016), and will now accept subscriptions for up to C$7,000,000 (the "Private Placement"). Pursuant to the Private Placement, the Company may issue up to 18,666,666 post-consolidation units ("Units") at…

Largo Produces 730 Tonnes of Vanadium in April

May 5, 2016 (Source) -- Two new records achieved over consecutive days of 121% and 125% capacity Weekly production record of 188 tonnes of vanadium produced April's production record is an 7% increase over its prior monthly record Largo Resources Ltd. ("Largo" or the "Company") is pleased to report that it has produced 730 tonnes of vanadium pentoxide during the month of April, surpassing its previous record for monthly production of approximately 681 tonnes set in October 2015 by 7%. Largo is also very pleased to announce that it achieved two new daily production records in April with the first…