The cash is expected to offer more than enough funding for a field pilot at the Kindersley lithium project.
Amex’s flagship project is the Perron gold property located 110 km north of Rouyn-Noranda, Quebec.
Courageous Lake now has an after-tax net present value with a 5% discount of $523 million.
This would end the joint venture partnership with Sumitomo Metal Mining established in 2018.
The historic zinc-copper mine will restart in Q2 2024, with expected production pegged at more than 250,000 tonnes of zinc a year.
First production is expected during August of this year and will be funded with existing cash on the company's balance sheet.
Barrick CEO Bristow said it was unrealistic for every country to expect they can participate fully in the industry’s four main sectors.
One of the major barriers to practical quantum computing has been how to make qubits that retain their quantum information long enough to be useful.
Funds will allow the Canadian miner to speed up construction of its Florence copper mine in Arizona, expected to begin production in 2025.
Extension study for the proposed Lake Maitland uranium-vanadium asset comes at a time of soaring global uranium prices.
Centamin plans to connect to the country’s electrical grid and company solar panels this year.
