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US Critical Metals Corp (USCMF) is a mining company focused on securing the US supply of critical metals and rare earth elements. With assets across various projects in the US, including Clayton Ridge Lithium Project, Sheep Creek Rare Earth Project, and more, USCM aims to advance mineral resources vital to US interests. Recent achievements include positive drill results, confirming the presence of lithium and rare earth elements in their projects.
US Critical Metals Corp. (USCM) provides an update on its portfolio of US critical metal assets, including projects in lithium, vanadium, uranium, rare earth elements, and cobalt. Despite market challenges, USCM maintains its portfolio focusing on cost control while advancing projects to drill-ready stages. The company's assets include the McDermitt East Lithium Project and Clayton Ridge Lithium Project in Nevada, Long Canyon Vanadium and Uranium Project in Idaho, Sheep Creek Rare Earth Project in Montana, and Haynes Cobalt Project in Idaho. USCM has also granted 500,000 stock options to a consultant at $0.08 per share, exercisable for five years.
US Critical Metals Corp. (USCM) has completed an exploration program at the Long Canyon Uranium and Vanadium Project in Idaho. The program focused on expanding and confirming historical results in priority areas. USCM collected 19 samples from various locations, including historic prospects, trenches, and drill sites. The company expects to release sampling results and interpretations upon receipt of assays.
The next phase of work is expected to include further geochemical sampling, detailed geological mapping, and a UAV spectrometer radiometric survey. USCM's near-term objective is to delineate priority targets for a focused drill campaign to determine the extent of uranium and vanadium mineralization. Historical sample results have shown up to 3,985 ppm U3O8 and 5,279 ppm V2O5 in soil samples.
US Critical Metals Corp. (USCM) unveiled promising exploration results from its McDermitt Lithium East Project in Nevada. The company collected 53 samples, with lithium concentrations peaking at 2,129 ppm. The highest grades to date, these findings affirm significant lithium potential, particularly along the eastern margin of the McDermitt Caldera, previously overlooked due to post-mineral cover. The 6,508-acre project, adjacent to Lithium America's Thacker Pass, aims to advance further through trenching and a maiden drill program. USCM holds an option to acquire up to a 75% interest in the project through a partnership with Live Energy Minerals Corp. Despite market challenges in the critical minerals sector, USCM remains committed to exploring and developing its assets, with upcoming plans for additional work at its Long Canyon Uranium and Vanadium Project in Idaho.
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