Clean Air Metals to Host a Live, Interactive Investor Webinar Clean Air Metals Inc. ; ; is pleased to announce new magnetic inversion results from the Company's Thunder Bay North Critical Minerals Project near Thunder Bay, Ontario, Canada . The Thunder Bay North Critical Minerals Project hosts an indicated resource of 13.8Mt containing 1.2M ounces of 2PGE , 56,800 tonnes of Cu and 33,800 tonnes of Ni between the twin [...]
Clean Air Metals Inc. ; ; announces that it has completed its follow-up metallurgical test program for the Thunder Bay North Critical Minerals Project. The metallurgical test program consisted of locked cycle tests on a variety of composite samples with a range of head grades from both the Current and Escape deposits and delivered recoveries of 70.2% to 80.9% Platinum and 74.0% to 86.9% Palladium and copper recoveries [...]
Clean Air Metals Inc. announces that Mr. Jim Gallagher has been appointed as permanent and full time Chief Executive Officer of the Company. In addition, Mr. Dean Chambers has been appointed as non-executive Chair of the Board, replacing Mr. Gallagher who has resigned as Executive Chair of the Board. Both positions are effective immediately. Mr. Jim Gallagher has served as Executive Chair of the Company since Clean Air [...]
Clean Air Metals Inc. announces that Mr. Abraham Drost will no longer be continuing as CEO and Director of the Company effective immediately. Mr. Jim Gallagher, who has served as Executive Chair since Clean Air Metals began to trade on the TSX Venture Exchange in early 2020 will assume the role of CEO on an interim basis while retaining the Executive Chair role. A search for a permanent CEO will commence in due course [...]
Clean Air Metals Inc. announces that it has filed its audited consolidated financial statements and management's discussion and analysis for the year ended January 31, 2023, available for viewing on www.sedar.com. Financial Highlights Total assets as at January 31, 2023 of $42,290,356 Total cash as at January 31, 2023 of $6,871,401 Working capital as at January 31, 2023 of $11,684,677 Shareholder's equity as at January [...]
Clean Air Metals Inc. is pleased to announce that further to its disclosure of February 15, 2023, the Company has completed an updated Indicated and Inferred Mineral Resource estimate disclosed in accordance with National Instrument 43-101 for the Company's 100%-owned Thunder Bay North Critical Metals Project . The New Mineral Resource Estimate was prepared by SLR Consulting Ltd. and is based on an underground constrained [...]
Clean Air Metals Inc. , is pleased to provide an update on the preparation of a new mineral resource estimate at the Thunder Bay North Project by SLR Consulting Ltd. . The Company continues to work with SLR Consulting, with the cooperation of Nordmin Engineering, to determine the nature, cause, and extent of the discrepancy, if confirmed, as outlined in the Company's February 15, 2023, news release. This work includes a [...]
Clean Air Metals Inc. reports on an ongoing internal review of the mineral resource estimate at the Thunder Bay North Project, under the independent supervision of SLR Consulting Ltd. . The Company has determined that there will likely be a material reduction in the metal content in the Current Deposit, one of the two mineral deposits comprising the Thunder Bay North Project, which could be in the range of a 20% to 50 [...]
Clean Air Metals Inc. is pleased to announce that Sudbury and Montreal-based BBA E&C Inc. has been selected as the prime engineering consultant to lead the execution of the remaining Pre-Feasibility Study work packages on the Thunder Bay North Critical Minerals Project. The work package will include the overall underground mine design, optimized life-of-mine planning, dilution estimation, mining selectivity and cut-off [...]
Clean Air Metals Inc. announces that it has filed its unaudited consolidated interim financial statements and management's discussion and analysis for the nine-month period ended October 31, 2022, available for viewing on www.sedar.com. Financial Highlights Total assets as at October 31, 2022 of $42,279,897 Total cash as at October 31, 2022 of $903,741 Working capital deficiency as at October 31, 2022 of $472,891 [...]
Clean Air Metals Inc. has closed the first tranche in the amount of C$10 million of a C$15-million mineral royalty financing agreement effective December 16, 2022 with Triple Flag Precious Metals Corp. . The TF Royalty Agreement features a 2.5% net smelter returns mining royalty for all mineral product produced on the Thunder Bay North Critical Minerals Project in Northern Ontario, Canada, temporarily excepting the Escape [...]
Clean Air Metals Inc. is pleased to announce new assay results from the 2022 drill campaign from the Current PGE-Cu-Ni Deposit at the Company's Thunder Bay North Critical Minerals Project. New assay highlights from the Current deposit area includes: Infill test Hole CLM22-058 which intersected 10.0m grading 3.31g/t Platinum, 3.16g/t Palladium, 0.61% Copper and 0.43% Nickel from 244.0m-254.0m downhole including 6.0m [...]