Welcome to our dedicated page for CHAMPION ELEC METALS news (Ticker: CHELF), a resource for investors and traders seeking the latest updates and insights on CHAMPION ELEC METALS stock.
Champion Elec Metals Inc. (symbol: CHELF), based in Toronto, Ontario, is a discovery-focused exploration company notably advancing its lithium properties in Quebec and cobalt properties in Idaho. The firm also possesses the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County. Recently, the company completed a successful maiden exploration drill program in Quebec, intersecting lithium-rich pegmatites, highlighting its potential to become a significant player in the critical minerals sector.
Rhea-AI Summary
Champion Electric Metals announced its maiden drill program results, intersecting lithium at the Western Prospect on its James Bay, Quebec property. Key findings include 10.0 meters at 0.42% Li2O, with notable intervals such as 3.0 meters at 0.62% Li2O. Another drill hole intersected 1.85 meters at 0.56% Li2O. These results indicate the edge of a mineralized system, which the company aims to explore further. Associated pathfinder elements like tantalum, cesium, niobium, and rubidium were also present. The exploration team has identified two pegmatite corridors, suggesting significant potential for further lithium mineralization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-21.81%
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. completes maiden exploration drilling at its Lithium Property in James Bay, Quebec, with 10 diamond drill holes totaling 2,263 meters. Significant spodumene-rich pegmatite intersections were found, confirming the presence of lithium mineralization. The drill program focused on the Western Prospect, near advanced projects by Patriot Battery Metals and Winsome Resources. The discovery of spodumene-bearing pegmatites near the surface indicates promising potential for future drilling campaigns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.21%
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. (CHELF) announces the discovery of lithium-mineralized pegmatite during its drill program at the Lithium Property in James Bay, Quebec. The company intercepted approximately 19.1m of spodumene bearing pegmatite beneath the overburden. The mineral system remains open to the north-east, with geologists confirming the presence of spodumene using visual and UV light methods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.46%
Tags
Rhea-AI Summary
Champion Electric Metals Inc. (CHELF) has commenced its first drill program at its Lithium Property in James Bay, Quebec, focusing on the Western Prospect. The Company intends to complete up to 2,500 meters in this initial drill program after revealing a robust pegmatite target. The drill crews have been mobilized following a gravity survey that showed promising results. Jonathan Buick, President & CEO, expressed confidence in the new blind pegmatite target potentially being the source of pristine spodumene fragments discovered in late 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. provides an update on till sampling results over its Lithium Property in James Bay, Quebec. Geochemical assays show enriched lithium and significant tourmaline and spodumene dispersion, enhancing prospectivity. Drilling activities at the Western Prospect are set to begin by the end of March.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.61%
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. announces a robust pegmatite target identified through a gravity survey near a spodumene discovery in Quebec. Drilling preparations are underway for a 2,000m program to test the target.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.07%
Tags
Rhea-AI Summary
Champion Electric Metals Inc. completes gravity survey on lithium properties in Quebec, prepares for maiden drill program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.36%
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. has initiated a gravity survey to locate the source of lithium-bearing boulder and spodumene fragments discovered in initial till sampling at their James Bay lithium property. The company is targeting an area for high-resolution gravity survey to outline the buried source rock of the spodumene, expecting it to lead to high-quality drill targets during the first quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.63%
Tags
-
Rhea-AI Summary
Champion Electric Metals Inc. (CSE: LTHM) (OTCQB: CHELF) (FSE: 1QB0) announces a spodumene discovery at its James Bay lithium properties. The exploration program revealed the presence of spodumene boulders and crystals, with promising results from rock and till sampling. The company plans to focus on exploration planning and geophysics for the upcoming 2024 program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.94%
Tags
News
Rhea-AI Summary
Champion Electric Metals (CSE: LTHM) (OTCQB: CHELF) will be presenting at Red Cloud's 2023 Fall Mining Showcase on November 8th at 11:20 AM Eastern Standard time. The conference will take place at the Sheraton Centre Toronto Hotel from November 7-8, 2023. Shareholders and interested parties are invited to attend. For more information and registration, visit: https://redcloudfs.com/fallminingshowcase2023/
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.89%
Tags
FAQ
What is the current stock price of CHAMPION ELEC METALS (CHELF)?
The current stock price of CHAMPION ELEC METALS (CHELF) is $0.0156 as of September 6, 2024.
What is the market cap of CHAMPION ELEC METALS (CHELF)?
The market cap of CHAMPION ELEC METALS (CHELF) is approximately 6.8M.
What are Champion Elec Metals Inc.'s core areas of exploration focus?
Champion Elec Metals Inc. primarily focuses on advancing its highly prospective lithium properties in Quebec, cobalt properties in Idaho, and holds the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County.
What recent achievements has Champion Elec Metals Inc. reported?
The company recently completed a successful maiden exploration drill program in Quebec, intersecting lithium-rich pegmatites, a clear indication of its potential in the critical minerals sector.
Where is Champion Elec Metals Inc. headquartered?
Champion Elec Metals Inc. is based in Toronto, Ontario.
What symbols does Champion Elec Metals Inc. trade under?
Champion Elec Metals Inc. trades on the CSE under 'LTHM', the OTCQB under 'CHELF', and the Frankfurt Stock Exchange under '1QB0'.
What recent announcements has the company made regarding its exploration projects?
The company recently announced the commencement of preparations for spring field programs following a successful winter drilling program in Quebec, showcasing its commitment to exploring and developing its projects.
How does Champion Elec Metals Inc. strive to be a responsible corporate citizen?
Champion Elec Metals Inc. aims to be a responsible environmental steward, stakeholder, and contributing citizen in the communities where it operates by employing local community members and service providers whenever possible.
CHAMPION ELEC METALS INC
OTC:CHELF
CHELF Rankings
CHELF Stock Data
6.78M
217.23M
14.22%
0.54%
Other Precious Metals & Mining
Basic Materials
United States of America
Toronto