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Champion Electric Metals Inc., trading as GLDRF on the OTCQB, is a discovery-focused exploration company based in Toronto, Ontario. The company is committed to advancing its highly prospective lithium properties in Quebec, Canada, and cobalt properties in Idaho, United States. Champion Electric Metals also owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco. The company's projects are at an early stage of exploration, with a focus on lithium and critical metals like cobalt. Champion Electric Metals aims to be an environmentally responsible operator, engaging with local communities and stakeholders in a socially conscious manner.
Idaho Champion has announced a binding term sheet with Quebec Precious Metals to acquire a 100% interest in two lithium pegmatite projects covering approximately 162 km2 in Eeyou Istchee Baie-James, Quebec. The projects, near Patriot Battery Metals' Corvette project, show historical lithium and tantalum grades. The deal involves $100,000 in cash and 12 million shares, with a 2% net smelter return royalty for QPM. This acquisition is part of Idaho Champion's strategy to strengthen its presence in the North American battery metals sector.
Idaho Champion Gold Mines Canada (CSE:ITKO, OTCQB:GLDRF) announced its upcoming virtual presentation at the Sequire Metals & Mining Conference on January 27th, 2022, at 1:30 PM ET. CEO Jonathan Buick will present and conduct one-on-one meetings with investors. Idaho Champion focuses on advancing its 100%-owned mineral properties in Idaho, including the Champagne Project. The conference will highlight emerging opportunities in the mining sector, especially with the rise of electric vehicles.
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