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US CRITICAL METALS CORP - USCMF STOCK NEWS

Welcome to our dedicated page for US CRITICAL METALS news (Ticker: USCMF), a resource for investors and traders seeking the latest updates and insights on US CRITICAL METALS stock.

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.

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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.

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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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Recharge Capital Corp. announced the disposal of 4,700,000 common shares of US Critical Metals Corp. at $0.05 per share, for gross proceeds of $235,000. Recharge now owns 6,000,000 common shares and may adjust its investment in the future based on market conditions. Scott Benson, the controlling shareholder of Recharge, entered the transaction for investment purposes.
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US Critical Metals Corp. and US Critical Materials Corp. report geophysics survey results for Sheep Creek Rare Earth Project in Montana, showing potential for elevated rare earth mineralization. Seven new exploration zones identified. Sample results include high Total Rare Earth Elements (TREE) grades. Geophysics survey covers 59.5 sq km area with 658 line km of data collected. Survey indicates potential for both grade and tonnage. Carbonatites at Sheep Creek contain valuable rare earth elements and show potential for future exploration. Management sees significant potential for rare earth mineralization at Sheep Creek.
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US Critical Metals Corp. and US Critical Materials Corp. announce positive results from surface sampling at the Sheep Creek Rare Earth Project in Montana, confirming the presence of gallium, a strategic mineral. The US aims to reduce its reliance on imports for gallium, making this discovery significant.
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US Critical Metals Corp. (USCM) has announced the results from the drilling program at the Clayton Ridge Lithium Property in Nevada. The program tested lithium-bearing units in 15 core holes, with promising results indicating potential for increased lithium grades and widths to the east and north. USCM has fulfilled the contractually required drilling commitments, resulting in the company holding a 100% interest in Clayton Ridge.
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US Critical Metals Corp. (USCM) grants 500,000 stock options to a consultant under its stock option plan, with a vesting period and exercise price of $0.15 per share for a five-year term.
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US Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU0) announces an amendment to the exercise price of an aggregate of 28,642,858 common share purchase warrants of the Company, reducing the price from $0.50 and $0.55 a share to $0.35 a share, with no other proposed changes to the terms of the Old Warrants. The proposed amendments remain subject to acceptance by the CSE.
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US Critical Metals Corp. receives approval to drill northern basin of Clayton Ridge Lithium Property in Nevada.
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USCM enters into joint venture agreement for McDermitt Lithium Project in Nevada, providing exposure to two leading lithium basins. McDermitt Caldera potentially largest source of lithium clays in the world. USCM believes revaluation of lithium clay projects will occur as Thacker Pass advances towards production.
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FAQ

What is the current stock price of US CRITICAL METALS (USCMF)?

The current stock price of US CRITICAL METALS (USCMF) is $0.025 as of October 15, 2024.

What is the market cap of US CRITICAL METALS (USCMF)?

The market cap of US CRITICAL METALS (USCMF) is approximately 2.1M.

What is US Critical Metals Corp focused on?

US Critical Metals Corp is focused on securing the US supply of critical metals and rare earth elements through mining projects like the Clayton Ridge Lithium Project and Sheep Creek Rare Earth Project.

What are some of the recent achievements of US Critical Metals Corp?

Recent achievements include positive drill results, confirming the presence of lithium and rare earth elements in their projects.

Where are the assets of US Critical Metals Corp located?

US Critical Metals Corp has assets across various projects in the US, including the Clayton Ridge Lithium Project, Sheep Creek Rare Earth Project, and more.

Who is the controlling shareholder and director of Recharge Capital Corp?

Scott Benson is the controlling shareholder and a director of Recharge Capital Corp.

What was the price per Transferred Share in the recent private transaction?

The Transferred Shares were disposed of at a price of $0.05 per share.

US CRITICAL METALS CORP

OTC:USCMF

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USCMF Stock Data

2.05M
51.70M
27.59%
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