Vancouver, BC – September 10, 2024 – TheNewswire – Coniagas Battery Metals Inc. (“Coniagas” or the “Firm”) (TSX.V: COS) is happy to announce the implementation of its collaboration with SGS Québec, a world chief in metallurgical innovation and strategic useful resource improvement. The initiative is geared toward growing a number one place in the essential minerals sector by scaling up the technological capabilities of the Re-2Ox hydrometallurgical course of.
World Feed First Technique Highlights:
-
Sourcing essential mineral feed shares and concentrates globally
-
Metallurgical testwork to be undertaken by SGS Québec utilizing the Re-2Ox course of
-
Producing on-spec battery-grade supplies
The collaboration with SGS builds on a sequence of engagements, and contains two phases: the primary part establishes a framework for metallurgical testing and strategic funding pursuits, whereas the second part focusses on funding technique refinement and advancing the Re-2Ox course of to fulfill the wants of the quickly rising electrical car (EV) markets. The association relies on an settlement signed with SGS Could 15, 2024 and introduced in a information launch Could 21, 2024.
A World Technique
Our “feed first” technique, which prioritizes securing dependable, long-term sources of essential minerals, is a cornerstone of the Firm’s method. By securing potential offshore stockpiles and bringing them to Quebec for potential processing, Coniagas will not be solely increasing its useful resource base but in addition guaranteeing a resilient and versatile provide chain that may adapt to market calls for.
In parallel, Coniagas is conducting in depth metallurgical testwork on the Graal deposit in Quebec. This testwork is significant for advancing the Graal property in direction of manufacturing in addition to scaling up the Re-2Ox course of and aligns with the corporate’s technique of integrating international assets with native experience to drive innovation.
Frank Basa, President and CEO of Coniagas, said, “Our collaboration with SGS is a key a part of our technique to create a vertically built-in provide chain that helps the whole battery metals ecosystem. We’re guaranteeing that our Re-2Ox course of is flexible, scalable, and able to meet the wants of not simply the EV market, but in addition different industries which are driving towards a net-zero future. This international method strengthens our place and aligns completely with our ‘feed first’ technique.”
Certified Individual
The technical data on this information launch was reviewed and authorised by Matthew Halliday, P.Geo., member of the Ordre des Géologues du Québec, who’s a Certified Individual in accordance with Nationwide Instrument 43-101.
About Coniagas Battery Metals Inc.
Coniagas Battery Metals Inc. is a Canadian junior mining firm, centered on nickel, copper, cobalt, and platinum group metals in Québec. The Firm’s technique goals to generate shareholder worth by growing its mineral property and developing a sophisticated processing plant, positioning Coniagas as a possible key provider for the electrical car (EV) trade.
Graal Undertaking: Strategic Useful resource Growth
The 100%-owned Graal mission close to Saguenay, Quebec, has proven important potential by in depth geophysical surveys and shallow drilling. It has recognized high-grade nickel and copper mineralization, with showings of cobalt, platinum, and palladium, alongside a 6 km strike size at shallow depths doubtlessly appropriate for open-pit mining. Upcoming actions embody additional drilling, metallurgical testing, and consultations with First Nations, culminating in a NI 43-101 useful resource report. The NI 43-101 Technical Report Graal Nickel & Copper Undertaking, Saguenay-Lac-St-Jean, Quebec, Canada, dated January 17, 2024, offers detailed mission data.
Lengthy-Time period Imaginative and prescient and Commercialization Technique
Coniagas leverages proprietary applied sciences just like the Re-2Ox hydrometallurgical course of for the extraction and manufacturing of cleaner, low-carbon, battery-grade supplies. This modern course of eliminates the necessity for conventional smelting, considerably lowering the environmental footprint. Mixed with strategic initiatives comparable to Graal and CAM/pCAM manufacturing initiatives, Coniagas is positioning itself as a possible participant in the way forward for the EV trade. For extra data, go to the Firm’s web site.
“Frank J. Basa”
Frank J. Basa, P. Eng., Skilled Engineers Ontario
Chief Govt Officer
For additional data, contact:
Frank J. Basa, P. Eng. Ontario
Chief Govt Officer
416-625-2342
or:
Wayne Cheveldayoff, Company Communications
P: 416-710-2410
E: waynecheveldayoff@gmail.com
You’ll be able to observe Coniagas on Social Media:
LinkedIn: https://www.linkedin.com/firm/coniagas-battery-metals/
X (Twitter): https://twitter.com/coniagasmetals
Fb: https://www.fb.com/coniagas/
Neither the TSX Enterprise Trade nor its Regulation Service Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.
Warning Concerning Ahead-Trying Statements
This information launch could comprise forward-looking statements relating to Coniagas Battery Metals Inc. (“Coniagas” or the “Firm”) which embody, however are usually not restricted to, feedback that contain future occasions and situations, that are topic to varied dangers and uncertainties. Aside from statements of historic details, feedback that deal with the personal placement referred to above, useful resource potential, upcoming work packages, geological interpretations, receipt and safety of mineral property titles, availability of funds, and others are forward-looking. No assurance will be on condition that any of the foregoing will likely be achieved. Ahead-looking statements are usually not ensures of future efficiency and precise outcomes could differ materially from these statements. Basic enterprise situations are components that would trigger precise outcomes to differ materially from forward-looking statements. The Firm doesn’t undertake to replace any forward-looking data on this information launch or different communications except required by regulation.
Copyright (c) 2024 TheNewswire – All rights reserved.
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
