Peloton Minerals Cis pleased to announce the successful completion of the maiden drilling program on the Company's 100% owned North Elko Lithium Project located in northeastern Nevada. The four-hole program, totaling 1,825 feet, successfully achieved all of its objectives: confirming the near surface presence of clay or clay bearing material to a vertical depth of at least 500 feet; confirming the presence of Clay Layers [...]
Peloton Minerals has granted a stock option in the amount of 366,666 to a consultant exercisable at $0.11 for three years. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corporation is a reporting issuer in good standing in the Provinces of British Columbia and Ontario whose common shares are listed on the CSE and trade in the U.S. on the OTC QB. There are [...]
Peloton Minerals provides notice of pending private placement, the grant or renewal of expired stock options, and the grant of Share Appreciation Rights. The Company intends to close a private placement of units priced at CDN$0.09 per unit for total proceeds of up to $200,000 over the next few weeks. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The [...]
Peloton Minerals is pleased to announce that the maiden drilling program has commenced on the Company's North Elko Lithium Project. The exploration drilling targets subsurface lithium-bearing claystone layers and potentially other critical minerals. The overall target area is about 30 square kilometers in dimension and has been identified through a series of systematic surface exploration programs conducted over the past [...]
Peloton Minerals has closed the second tranche of a non-brokered private placement financing previously announced as planned on August 15, 2025. The total proceeds received in the second tranche were $133,502.76 bringing the total financing to $1,036,252.53, which is oversubscribed from the originally planned $630,000. The financing was priced at CDN$0.09 per unit with each unit consisting of one common share and one [...]
Peloton Minerals has received the results from an airborne geophysical survey conducted earlier this year on the Company's North Elko Lithium Project located in northeastern Nevada. Receipt of this data will enable the Company to incorporate the information into the selection of drill locations. In summary, the airborne geophysical data shows north to north-east high angle faults and north-west through-going structures in [...]
Peloton Minerals has closed the first tranche of a non-brokered private placement financing previously announced as planned on August 15, 2025. The total proceeds received were $902,749.77, which is oversubscribed from the originally planned $630,000, and a second and final tranche is expected to close in about one week. The financing was priced at CDN$0.09 per unit with each unit consisting of one common share and one [...]
Peloton Minerals intends to close a private placement of units priced at CDN$0.09 per unit for total proceeds of up to $630,000 in one or more tranches over the next weeks. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.12. The proceeds of the Private Placement will be used for lithium exploration in northern Nevada and working capital. The Private Placement [...]
Peloton Minerals reports that in addition to lithium-bearing minerals, X-Ray Diffraction analyses have shown the presence of additional critical and rare-earth minerals at surface on the Company's 100% owned North Elko Lithium Project. XRD analysis has been completed on a total of 1046 samples taken across the surface of the 37 square kilometer property including samples from soils and outcrops. Notable critical element [...]
Peloton Minerals will modify the expiry time of certain outstanding warrants of the Company as follows: 5,613,038 warrants exercisable at a price of CDN$0.10 until 5:00 pm on August 16, 2025 will be exercisable until 5:00 pm on August 16, 2027. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals is a reporting issuer in good standing in the Provinces of British [...]
Peloton Minerals has received approval from the US Bureau of Land Management for two drilling permits within the boundaries of the 442-mineral claim, 37 square kilometer or 14.25 square mile, North Elko Lithium Project. A total of 24 drill pads are approved under the permits, and additional drill pads could be added, subject to approval by BLM. One drilling permit covers the eastern part of NELP and the second permit is [...]
Peloton Minerals Corp. has received a preliminary geophysical report on the North Elko Lithium Project which shows an underlying layer, interpreted as clay-rich, across almost the entire 37 square kilometer property. This report concludes 18 months of systematically conducted exploration, the results of which greatly encourage drill testing for the potential discovery of a district-scale lithium clay deposit at NELP [...]
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