CENTURY LITHIUM CHANGES PROJECT NAME TO ANGEL ISLAND MINE
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) has renamed its Clayton Valley Lithium Project in Nevada, USA to the Angel Island Mine. This change comes after the company announced a positive Feasibility Study in April 2024, positioning it as one of the few advanced lithium projects in development in the United States. The name change was encouraged by regulators to provide clarity during the permitting process, which the company is currently working towards. The new name is derived from a topographical feature of the project site, helping to distinguish it from other mining and energy projects in the area.
La Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) ha rinominato il suo progetto di litio di Clayton Valley in Nevada, USA come Miniera di Angel Island. Questo cambiamento è avvenuto dopo che l'azienda ha annunciato uno studio di fattibilità positivo nell'aprile 2024, posizionandola come uno dei pochi progetti di litio avanzati in fase di sviluppo negli Stati Uniti. Il cambiamento di nome è stato incoraggiato dagli organismi di regolamentazione per fornire chiarezza durante il processo di autorizzazione, su cui l'azienda sta attualmente lavorando. Il nuovo nome deriva da una caratteristica topografica del sito del progetto, aiutando a distinguerlo da altri progetti minerari ed energetici nella zona.
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) ha cambiado el nombre de su Proyecto de Litio de Clayton Valley en Nevada, EE. UU. a Minería Angel Island. Este cambio se produce después de que la compañía anunciara un estudio de viabilidad positivo en abril de 2024, posicionándolo como uno de los pocos proyectos avanzados de litio en desarrollo en los Estados Unidos. El cambio de nombre fue incentivado por las autoridades reguladoras para proporcionar claridad durante el proceso de permisos, en el que la empresa está trabajando actualmente. El nuevo nombre se deriva de una característica topográfica del sitio del proyecto, ayudando a distinguirlo de otros proyectos mineros y energéticos en la zona.
센추리 리튬(Century Lithium Corp.)(TSXV: LCE)(OTCQX: CYDVF)는 미국 네바다의 클레이튼 밸리 리튬 프로젝트의 이름을 엔젤 아일랜드 광산으로 변경했습니다. 이 변경은 회사가 2024년 4월에 긍정적인 타당성 연구를 발표한 후 이루어졌으며, 이를 통해 미국 내에서 개발 중인 몇 안 되는 고급 리튬 프로젝트 중 하나로 자리잡게 되었습니다. 이름 변경은 허가 과정에서 명확성을 제공하기 위해 규제 기관의 권장에 따라 이루어졌으며, 회사는 현재 이 과정에 대해 작업하고 있습니다. 새로운 이름은 프로젝트 사이트의 지형적 특성에서 유래했으며, 이 지역의 다른 광업 및 에너지 프로젝트와 차별화하는 데 도움이 됩니다.
La Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) a renommé son projet de lithium de Clayton Valley dans le Nevada, États-Unis, en mine d’Angel Island. Ce changement fait suite à l’annonce par la société d’une étude de faisabilité positive en avril 2024, la positionnant comme l’un des rares projets avancés de lithium en développement aux États-Unis. Changement de nom encouragé par les réglementations pour fournir une clarté durant le processus d’autorisation, que l'entreprise est actuellement en train de suivre. Le nouveau nom est dérivé d'une caractéristique topographique du site du projet, aidant à le distinguer des autres projets miniers et énergétiques de la région.
Die Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) hat ihr Clayton Valley Lithium-Projekt in Nevada, USA in Angel Island Mine umbenannt. Diese Änderung erfolgt, nachdem das Unternehmen im April 2024 eine positive Machbarkeitsstudie angekündigt hat, wodurch es sich als eines der wenigen fortgeschrittenen Lithiumprojekte in den USA positioniert. Die Namensänderung wurde von den Behörden angeregt, um während des Genehmigungsprozesses für Klarheit zu sorgen, an dem das Unternehmen derzeit arbeitet. Der neue Name stammt von einem topografischen Merkmal des Projektstandorts und hilft, es von anderen Bergbau- und Energieprojekten in der Region zu unterscheiden.
- Positive Feasibility Study completed in April 2024
- Project is one of few advanced lithium developments in the US
- 100% ownership of the project
- None.
ABOUT ANGEL ISLAND
Angel Island is named for the ridge of older metavolcanic and clastic rocks bordering the west side of Century's lithium clay deposit. The name itself dates to the 1800's, one of three landforms in Clayton Valley named for islands in San Francisco Bay (Alcatraz and Goat islands being the other two). Of the three landforms, Angel Island is the largest, rising to a height 400 meters above the valley floor. Its presence on the east side of the valley, separating Century's lithium clay deposit from the lithium brine operation of Albemarle Corp., is owed to uplift along a major northeast trending normal fault located along the western base of the ridge. Although not directly related to the formation of Century's deposit, uplift of Angel Island along this fault was responsible for elevating the clay deposits east of the fault and bringing them to the surface where they are now accessible for mining. The harder rocks in the ridge also likely acted as a physical barrier protecting Century's lithium clay deposit from erosion.
ABOUT CENTURY LITHIUM CORP.
Century Lithium Corp. is an advanced stage lithium company, focused on developing its
ON BEHALF OF CENTURY LITHIUM CORP.
WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.
Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.
These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.com. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
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SOURCE Century Lithium Corp.
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