Welcome to our dedicated page for Clean Air Metals news (Ticker: CLRMF), a resource for investors and traders seeking the latest updates and insights on Clean Air Metals stock.
Clean Air Metals Inc. (CLRMF) delivers platinum group elements and critical minerals through its Thunder Bay North Project in Ontario, Canada. This page aggregates official announcements and verified news about the company's exploration progress, resource development, and environmental stewardship.
Investors and industry observers will find timely updates on drilling results, technical reports, and strategic partnerships. Key coverage areas: high-grade mineralization discoveries, NI 43-101 compliant resource estimates, First Nations collaboration agreements, and advancements in geophysical exploration techniques.
The curated news feed supports informed analysis of CLRMF's position in the green energy supply chain. Track operational milestones through earnings announcements, project permitting updates, and leadership insights. All content is vetted for relevance to the company's phased development strategy and ESG commitments.
Bookmark this page for consolidated access to Clean Air Metals' evolving story in critical mineral exploration. Check regularly for updates on resource expansion efforts and market developments affecting platinum group elements demand.
On September 7, 2021, Clean Air Metals announced positive assay results from its Thunder Bay North Project. Significant findings include Hole ELR21-077, which intersected 76.6m grading 5.67g/t PdEq, featuring high grades of Palladium, Platinum, Copper, and Nickel. The Escape Lake Deposit has expanded and an updated mineral resource is planned for Q1 2022. The Current Lake Deposit shows a well-defined Indicated resource of 1,328,789 PdEq ounces, with a Preliminary Economic Assessment due in Q4. Ongoing metallurgical studies are set to enhance project valuation.
Clean Air Metals Inc. announced promising assay results from its Thunder Bay North Project on Aug. 12, 2021. Key findings include Hole CL21-004 with a 13.0m intersection grading 2.9 g/t PdEq, and Hole ELR21-070 showing 8.0m at 3.3 g/t PdEq. The Current Lake Deposit holds 1,328,789 oz PdEq, while the Escape Lake Deposit features 505,369 oz PdEq, indicating significant mineral resources. A Preliminary Economic Assessment (PEA) is expected by early Q4 2021 based solely on the Current Lake Deposit. The company is also revising its resource estimate for the Escape Lake Deposit in Q1 2022.
On August 3, 2021, Clean Air Metals announced the mobilization of a drill to the Beaver Lake Zone for 2700m of confirmatory infill drilling supporting a Preliminary Economic Assessment (PEA) expected in Q4 2021. The Company has also engaged Generation IACP Inc. for market-making services for six months at $7,500 per month, pending TSX Venture Exchange approval. Clean Air Metals emphasizes adherence to COVID-19 measures for its staff and acknowledges partnerships with local First Nations, enhancing community relations.
Clean Air Metals has announced new assay results from its Escape Lake Deposit at the Thunder Bay North Project, highlighting significant findings from drilling campaigns. Hole ELR21-067 intersected a massive sulphide lens grading 41.2 g/t PdEq with notable metal compositions including 12.9 g/t Pd and 15.5 g/t Pt. Another significant hole, ELR21-041, showed 31.8 g/t PdEq. The mineral resource update shows an indicated resource of 505,369 ounces at 3.67 g/t PdEq. A Preliminary Economic Assessment is expected by Q4 2021, aiming to enhance value for stakeholders.
Clean Air Metals has filed its interim financial statements for Q1 2021, reporting total assets of $37.9 million and cash reserves of $14.2 million as of April 30, 2021. The company closed a private placement generating $11.5 million and initiated a 30,000-meter diamond drilling program at the Thunder Bay North project, targeting new mineralization. Operating expenses for the quarter were $747,134, resulting in a net loss of $47,741. Shareholder's equity stands at $31.3 million. The company emphasizes ongoing exploration efforts amid COVID-19 precautions.
Clean Air Metals has filed audited financial statements for the year ending January 31, 2021, revealing total assets of $27,146,884 and cash of $6,678,356. The company reported a net loss of $1,273,525 compared to a loss of $1,135,819 in the previous year. Key activities included a C$1 million payment to secure exploration rights and a significant increase in mineral resources, with 16,285,396 tonnes yielding 1,834,158 ounces of PdEq. Clean Air Metals continues its exploration efforts with partnerships and investments aimed at enhancing its project viability.
Clean Air Metals announced promising assay results from its ongoing drilling campaign at the Thunder Bay North Project. Significant findings include Hole ELR21-049 with 31.0m of 0.96g/t Palladium, 0.81g/t Platinum, and 0.36% Copper. Additional results show Hole ELR21-051 yielding 7.7m of 1.61g/t Palladium and 0.59% Copper. The Escape Lake Deposit holds an Indicated mineral resource of 505,369 ounces at 3.67g/t PdEq. The company plans to ramp up drilling on high-potential targets. COVID-19 precautions have been implemented for safety.
Clean Air Metals announced a C$1.5 million payment to Panoramic Resources, part of a C$9 million acquisition for the Current Lake deposit. This transaction includes a total of C$3 million in remaining payments due by May 2023. The company is also advancing a 45,000m diamond drilling campaign and has begun environmental baseline data collection for the Thunder Bay North Project, emphasizing its commitment to ESG standards. The Current Lake Deposit boasts an indicated resource of 1,328,789 oz PdEq at an average grade of 3.44 g/t PdEq.
Clean Air Metals reported new assay results from its ongoing drilling campaign at the Escape Lake Deposit in Thunder Bay North. The company plans 30,000 meters of drilling to connect resource areas. Highlights include hole ELR21-041 with significant palladium and copper intersections. The Escape Lake Deposit holds an Indicated mineral resource of 505,369 ounces at 3.67 g/t PdEq, and the Current Lake Deposit has 1,328,789 oz PdEq at 3.44 g/t. Clean Air Metals aims to ramp up exploration efforts based on these findings and favorable geology.
Clean Air Metals announced significant assay results from its Escape Lake Deposit, part of the Thunder Bay North Project. Notable findings include hole ELR21-041, which intersected a massive sulphide horizon with grades of 7.93g/t Palladium, 6.41g/t Platinum, 4.76% Copper, and 2.5% Nickel over 0.5m. The company plans a 30,000m drilling program in 2021, budgeted at $6.6 million, to further delineate the deposit. A notable resource update showed the Escape Lake Deposit has an Indicated resource of 505,369 ounces at 3.67g/t PdEq. Clean Air Metals aims to ramp up exploration efforts based on these promising results.
