Iconic Minerals - ICMFF STOCK NEWS

Welcome to our dedicated page for Iconic Minerals news (Ticker: ICMFF), a resource for investors and traders seeking the latest updates and insights on Iconic Minerals stock.

Iconic Minerals Ltd. (ICMFF) is a mineral exploration and development company currently focused on lithium brine properties in Nevada, USA. The Grass Valley Project, covering 80 km2, and the Smith Creek Project, a 67 km2 area, exhibit potential lithium resources. Iconic is led by Richard Barnett, CFO, and aims to advance its projects through updated NI 43-101 technical reports for drilling and further exploration.

02/24/2025 06:39 PM

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Iconic Announces Termination of Option Agreement for New Pass Gold Property

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Iconic Minerals (TSXV: ICM) (OTC: ICMFF) has announced the termination of its property option agreement with Gold Basin Resources (TSXV: GXX) (OTCQB: GXXFF). The agreement, formed on May 3, 2024, would have allowed Gold Basin to acquire a 50% interest in Iconic's New Pass gold property in Churchill County, Nevada.

The New Pass property consists of 107 unpatented mineral claims covering 2,140 hectares and is located three hours east of Reno, near Highway US-50E. Under the option agreement terms, Gold Basin would have needed to pay CAD $750,000 in cash and deliver CAD $750,000 in common shares to acquire the 50% interest.

The termination occurred because Gold Basin failed to fulfill the Option Exercise Conditions as required by the agreement. As a result, Gold Basin now holds no interest in the New Pass property.

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05/06/2024 07:30 AM

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Iconic Announces Option Agreement for New Pass Gold Property

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Iconic Minerals announces a property option agreement with Gold Basin Resources for the New Pass gold property in Nevada. Gold Basin can acquire a 50% interest in the property by meeting specific payment conditions. The agreement aims to unlock value through the future advancements of the Property.

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03/20/2024 07:51 PM

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Iconic Files Updated Technical Reports on Smith Creek and Grass Valley Lithium Projects

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Iconic Minerals reports amended NI 43-101 technical reports for Smith Creek and Grass Valley lithium properties in Nevada, showing promising lithium targets. The reports highlight significant lithium anomalies and potential brine occurrences, enhancing the company's exploration prospects.

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01/17/2024 11:00 AM

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Iconic Completes Updated 43-101 Technical Reports on Smith Creek and Grass Valley Lithium Brine Projects

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Iconic Minerals Ltd. announces completion of updated NI 43-101 technical reports on Grass Valley and Smith Creek Lithium Properties in Nevada, indicating high potential for lithium brine. The reports highlight a widespread conductive zone over a seven-mile portion of Smith Creek basin, favorable deepening of potential brine horizons, and high lithium values at surface decreasing with depth. The National Instrument 43-101 Mineral Resource Estimate will be filed on SEDAR within 45 days. Drilling to date has not reached the interpreted brine zones, but a 2024 drill program will target these deeper brine zones.

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11/07/2023 06:25 PM

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Iconic Announces Amendment of Stock Options and NI 43-101 Technical Report Update

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Iconic Minerals Ltd. (ICM) Announces Amendment of Incentive Stock Options and Completion of Updated NI 43-101 Technical Reports, including new discoveries and expanded claim block, pending approval

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10/04/2023 07:27 PM

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Iconic Announces New OTCQB Trading Symbol

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Iconic Minerals Ltd. to begin trading under new OTCQB symbol ICMFF

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FAQ

What is the current stock price of Iconic Minerals (ICMFF)?

The current stock price of Iconic Minerals (ICMFF) is $0.0179 as of February 28, 2025.

What is the market cap of Iconic Minerals (ICMFF)?

The market cap of Iconic Minerals (ICMFF) is approximately 1.1M.

What projects is Iconic Minerals Ltd. currently focused on?

Iconic Minerals is focused on the exploration and development of the Grass Valley and Smith Creek lithium projects in Nevada, USA.

Who leads Iconic Minerals Ltd.?

Richard Barnett serves as the Chief Financial Officer of Iconic Minerals, contributing to the company's strategic direction.

What is the significance of the Grass Valley Project?

Covering an area of 80 km2, the Grass Valley Project shows indicators of a potential lithium brine system, which is crucial for Iconic's exploration efforts.

What are the key findings of the NI 43-101 technical reports for Iconic Minerals Ltd.?

The reports outline the potential lithium resources at the Grass Valley and Smith Creek projects, recommending further geophysical studies and drilling to delineate brine targets.

How does Iconic Minerals Ltd. plan to advance its projects?

By conducting additional geophysics to define drill targets and subsequent deep drilling for water testing, Iconic aims to progress its Grass Valley and Smith Creek projects.

What recent partnership has Iconic Minerals Ltd. entered into?

Iconic has signed a property option agreement with Gold Basin Resources Corporation for a 50% interest in the New Pass gold property, showcasing a collaborative effort in advancing mining projects.

Where can I find more information on Iconic Minerals Ltd.?

For further details on Iconic Minerals, including projects, team members, and corporate updates, visit the company's website at www.iconicminerals.com.