Champion Electric Metals Inc. is pleased to announce that the Company has completed Phase I of the Twin Peaks Cobalt Project 2023 field program in the heart of the Idaho Cobalt Belt. The Phase 1 field program consisted of stream sediment and outcrop rock sampling in conjunction with geologic mapping . The Company has submitted samples to the ALS Global preparation lab in Twin Falls, ID and will begin a desktop study on [...]
Champion Electric Metals Inc. is pleased to announce the initiation of low-altitude orthophotography and aeromagnetic data acquisition at the Company's Twin Peaks Cobalt Project located in the Idaho Cobalt Belt . MWH Geo-Surveys of Reno, Nevada, will conduct the airborne surveys in two stages. First, the contractor will deploy an unmanned aerial vehicle to collect detailed orthophotography. The airborne photography and [...]
Champion Electric Metals Inc. provides the following update on the Company's lithium operations in Eeyou Istchee James Bay region of Quebec. The wildfires continue to impact Quebec, resulting in a temporary suspension of all site-based work activities on the Company's wholly owned Lithium Property . All personnel have been demobilised until the situation improves. Helicopters assigned to the Project have been [...]
Champion Electric Metals Inc. is pleased to announce that the Company has mobilized its US technical team to the Twin Peaks cobalt project to commence the 2023 field program in the Idaho Cobalt Belt . The campaign will begin with geologic mapping and rock sampling in conjunction with a reconnaissance stream sediment sampling program . Figure 1: Champion Electric Cobalt Properties To view an enhanced version of this [...]
Champion Electric Metals Inc. today announces that it has commenced re-mobilization of the crew back into the field at its Lithium Project in the James Bay area, Quebec, following the forest fire ban lift by the Ministry of Natural Resources and Forestry. The Company is mobilizing the crew for a property-wide exploration program and expects a full resumption of activities in the next few days. Prior to the forest fire [...]
Champion Electric Metals Inc. is pleased to announce that the Company completed an airborne Time-Domain Electromagnetic survey prior to the forest fire related team evacuation. The TDEM survey was flown over base metals targets identified by the 2022 VLF-EM survey and the recent historical data review undertaken at the Champion Electric Lithium Project located in the pegmatite-rich Eeyou Istchee James Bay territory of [...]
All amounts expressed are in Canadian dollars Champion Electric Metals Inc. is pleased to announce that the Company has closed the previously announced private placement offering of flow-through shares for gross proceeds of $4,170,000. The FT Shares qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act . Jonathan Buick, President & CEO, comments: "We are very pleased with the strong [...]
Champion Electric Metals Inc. today announced that, following the request by the Province of Quebec, the Company has temporarily ceased its field activities in the James Bay area due to a very high forest fire risk over a large part of the province. Before the government request, the Company mobilized the crew into the field for a property-wide exploration program. Champion Electric will continue to monitor the situation [...]
Champion Electric Metals Inc. today announced that, effective immediately, Chairman Bruce Reid has resigned as a member of the Company's Board of Directors to devote more time to other growing responsibilities. "On behalf of the Board of Directors and the LTHM team, I would like to thank Bruce for his contributions to the Company as one of the founding board members. Bruce was instrumental in the formation of the Company [...]
Champion Electric Metals is pleased to announce that effective today the Company is trading on the Canadian Securities Exchange under the ticker symbol "LTHM". Champion Electric recently changed its name to "Champion Electric Metals Inc" as a result of its transition into the electric metals space with the acquisition of over 500 Km2 of highly prospective lithium properties in Quebec, Canada, complimenting the existing [...]
Idaho Champion is pleased to announce that it has changed its name to "Champion Electric Metals Inc." and will change its stock trading symbol on the Canadian Securities Exchange from "ITKO" to "LTHM". The Company expects the symbol change to take effect on or around May 29, 2023. No action will be required by existing shareholders with regards to the name and symbol change. Champion Electric's new CUSIP Number will be [...]
Idaho Champion is pleased to announce that the Company is arranging a private placement of up to 20,000,000 flow through shares at a price of $0.20 per FT Share. The Company anticipates gross proceeds of up to $4,000,000. The FT Shares will qualify as "flow-through shares" within the meaning of subsection 66 of the Income Tax Act. The gross proceeds from the issuance of the FT Shares will be used by the Company to incur [...]