US Critical Metals Corp. CEO, Darren Collins, Is Featured on The Stock Day Podcast
Phoenix, Arizona--(Newsfile Corp. - May 31, 2023) - The Stock Day Podcast welcomed US Critical Metals Corp. (OTCQB: USCMF) ("the Company"), a company focused on mining projects that will further secure the US supply of critical metals and rare earth elements, which are essential to fueling the new age economy. CEO of the Company, Darren Collins, joined Stock Day host Kevin Davis.
Davis began the interview by asking about the Company's background and current projects. "US Critical Metals holds a portfolio of discovery-focused projects covering commodities categorized by significant forecasted demand growth, a lack of supply, specifically here in the US, and applications critical to US interest," said Collins. "Those include specifically electrification, national security, and national defense."
"The projects that we are focused on are in great US mining exploration states, specifically Nevada, Montana, and Idaho," continued Collins. "We're covering commodities including lithium, rare earth elements, and cobalt."
"What is the importance of discovering and securing assets in the United States?", asked Davis. "The US is in a position right now where it is very dependent on foreign interests to secure what are absolutely critical elements is the production of various products," said Collins, adding that discovery within the US is critical to protecting the country's assets and interests.
Collins then elaborated on the global trends for commodity valuations, specifically lithium. "A majority of the forecasts estimate that there is going to be a significant supply and demand gap, resulting in a significant price appreciation," explained Collins. "There will be large strategic interest looking at domestic sources of lithium, rare earth, and cobalt, and that is going to drive a lot of valuation in this market."
The conversation then turned to the advantages of mining for these elements domestically, including favorable permitting processes and a lower jurisdictional risk in the United States. "The US also has a very well defined ESG protocol," he added, noting that this process helps to evaluate the environmental impact of each proposed project. "The US differentiates itself from a lot of jurisdictions on that basis and has the potential to be at the forefront of developing these resources in a responsible way that delivers net benefits not only to American and international consumers, but also again in the ESG context."
"What is on the horizon for US Critical Metals Corp.?", asked Davis. "We are focused on deriving lithium from clay," explained Collins, adding that traditional lithium discovery involves brine or hard rock operations. "The US needs a secure, stable source of lithium, and I believe this is going to come from lithium-bearing clay stone," he said, noting the potential for a significant re-rating for the valuation of lithium clay stone assets in the near future. "Lithium-bearing clay stone has been proven to produce robust recoveries, resulting in robust economics."
"With our lithium clay project in Nevada, we have very broadly disseminated lithium clay beds where we are sampling economic grade at surface, and we believe we have thickness up to about 250 meters of these clay beds," continued Collins. "We are fully permitted to drill the asset and we will begin drilling and testing the clay beds this summer," he said. "That is a major catalyst for our company."
"That is the principal asset of the company, however we also have several other projects, including a project we are partnered with in Montana," said Collins. "It is one of the highest grade rare earth assets in the US that we have identified," he shared. "Ultimately, we are looking to drill that asset as well," said Collins, before elaborating on the Company's cobalt asset, where they also intend to drill.
To close the interview, Collins encouraged listeners and shareholders to keep up-to-date on the Company's current and upcoming announcements as they continue to advance their critical metals and rare earth element projects in the United States.
To hear Darren Collin's entire interview, follow the link to the podcast here: https://audioboom.com/posts/8309695-us-critical-metals-corp-ceo-darren-collins-is-featured-on-the-stock-day-podcast.
Investors Hangout is a proud sponsor of "Stock Day," and Stock Day Media encourages listeners to visit the company's message board at https://investorshangout.com/.
About US Critical Metals Corp.
USCM is focused on mining projects that will further secure the US supply of critical metals and rare earth elements, which are essential to fueling the new age economy. Pursuant to option agreements with private Canadian and American companies, USCM's assets consist of four agreements, each providing USCM with the right to acquire interests in five discovery focused projects in the US. These projects include the Clayton Ridge Lithium Project located in Nevada, the Sheep Creek Rare Earth Project located in Montana, the Haynes Cobalt Project located in Idaho, the Lemhi Pass Rare Earth Project located in Idaho and the Long Canyon Uranium Project located in Idaho. A significant percentage of the world's critical metal and rare earth supply comes from nations with interests that are contrary to those of the US. USCM intends to explore and develop mineral resources with near- and long-term strategic value to the advancement of US interests.
For further information please contact:
Darren Collins
Chief Executive Officer and Director
US Critical Metals Corp.
Telephone: 1-786 633-1756
www.uscmcorp.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, the expectation that the Company will acquire the Project in 2023, the expectation that the Company will commence drilling shortly; exploration plans and expected exploration results at the Project, results of operations, and the expected financial performance of the Company.
Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the COVID-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR website at www.sedar.com.
The forward-looking information contained in this press release represents the expectations of USCM as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While USCM may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
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SOURCE:
Stock Day Media
StockDayMedia.Com
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