Clean Air Metals has received conditional acceptance from the TSX Venture Exchange for its acquisition of Springbok Ventures. The transaction will result in a name change to Dante Metals Corp and follows recent successful capital raises.
Clean Air Metals has received conditional acceptance from the TSX Venture Exchange for its proposed acquisition of Springbok Ventures. The transaction involves a three-cornered amalgamation and a subsequent name change to Dante Metals Corp.
Clean Air Metals Inc. has closed a C$6.2 million non-brokered private placement to fund a business combination with Springbok Ventures. The resulting entity will focus on the Thunder Bay North Critical Minerals Project and the Maude Lake Property in Ontario.
Clean Air Metals has outlined its 2026 strategic objectives for the Thunder Bay North project, focusing on metallurgical testing, permitting, and exploration. The company highlighted a significant increase in project NPV and IRR due to rising platinum and copper spot prices compared to PEA study prices.
Clean Air Metals has filed a Preliminary Economic Assessment (PEA) for the Thunder Bay North Project in Ontario, reporting a $219.4M pre-tax NPV and a 39% IRR. The report includes an updated resource estimate featuring 14.9Mt of indicated PGE-Cu-Ni mineralization.
Transition Metals Corp. has resumed drilling at its 100%-owned Saturday Night Project in Ontario. The follow-up program aims to test areas that previously returned encouraging PGM assays.
Clean Air Metals has confirmed the down-plunge extension of the Escape Deposit at its Thunder Bay North Project via hole EL25-001. The intercept contains PGE-Cu-Ni-rich sulphides that validate the company's geophysical targeting and provide a pathway for significant resource expansion.
Clean Air Metals announced positive results from a Preliminary Economic Assessment for its Thunder Bay North PGE-Cu-Ni Project, outlining an 11-year mine life with a C$219.4 million pre-tax NPV (8%) and a 39% pre-tax IRR. The study also includes an updated Mineral Resource Estimate, featuring 14.9 million tonnes of Indicated resources grading 2.66 g/t 2PGE, 0.40% Cu, and 0.24% Ni. The company plans to fast-track the project towards a production decision, leveraging its strategic location and positive market dynamics for platinum and palladium.
Clean Air Metals has intersected over 50m of magmatic sulphide mineralization in drill hole EL25-001, located 350m from the current limits of the Escape Deposit. This result validates a 2.5km magnetic trend and provides a significant opportunity for resource expansion at the Thunder Bay North project. Assay results are pending.
Clean Air Metals Inc. is launching a 2025 summer drilling program to test newly identified down-plunge extension targets at its Escape Deposit within the Thunder Bay North Critical Minerals Project in Ontario, Canada. This program, starting with a 900-m hole, aims to significantly expand the high-grade platinum-palladium-copper-nickel sulphide mineralization based on recent geophysical assessments. The company is also advancing a Preliminary Economic Assessment for the project, focusing on higher-grade areas.
