Latest news with #TimFernback
The Market Online
12-06-2025
- Business
- The Market Online
A Canadian mineral company at the crossroads of electrification and defense
As geopolitical tensions between Canada and the United States escalate, the critical minerals sector finds itself in the crosshairs of a growing trade war. This friction casts a long shadow over the electrification revolution, where battery metals are the lifeblood of progress. With tariffs rising and global supply chains under strain, the urgency to localize resource extraction within North America has never been greater. This shift is not just about economic resilience—it's about national security. Amid this backdrop, Grid Battery Metals (TSXV:CELL) emerges as a compelling player. The company, based in Canada, has pivoted to focus on high-value battery metals, particularly lithium and copper, which are essential to both clean energy and defense industries . With exploration assets in both the USA and Canada, Grid is well-positioned to benefit from the reshoring of critical mineral supply chains. Canada's recent announcement to increase military spending to meet and exceed NATO's 2 per cent GDP target immediately underscores this shift. Defense systems—from drones to satellites—are increasingly reliant on lithium and copper-based technologies. The global copper market is facing a severe supply-demand imbalance. As the world races toward electrification—driven by defense industry spending, electric vehicles (EVs), renewable energy infrastructure, and smart grids—copper demand is surging. Yet, supply remains constrained, exacerbated by geopolitical instability and underinvestment in new mining projects. Lithium, meanwhile, is no longer just a battery metal—it's a top asset. Its role in energy storage, EVs, and now advanced defense applications is expanding rapidly. Grid's portfolio includes three lithium properties in Nevada, USA—Texas Spring, Clayton Valley, and Volt Canyon—and a newly acquired copper-gold property in Central British Columbia. These assets are not only prospective but located near existing infrastructure and major players like Albemarle's (NYSE: ALB) Silver Peak lithium mine and Centerra Gold's (NYSE: CGAU) Mt. Milligan copper gold mine Texas Spring: Adjacent to Surge Battery Metals' high-grade lithium discovery, Grid's soil sampling has already revealed lithium concentrations exceeding 5,600 ppm. Clayton Valley: Located near North America's only producing lithium brine operation, this property offers potential for both brine and clay-hosted lithium deposits. Copper-Gold Property (B.C.): Grid recently awarded a 2025 exploration contract to Hardline Exploration, signalling its commitment to advancing this asset. 'For 2025, we propose to carry out a preliminary exploration program on two of the five claim blocks recently acquired as part of our Exploration Phase 1,' Grid's CEO and president, Tim Fernback, explained in a news release. 'Here a large assaying, trenching, sampling and geophysics program is planned for the Jupiter and Starlight claim blocks. We are planning this work during the summer exploration season and expect to have assay results by the fall with next exploration steps identified on the various claim blocks shortly thereafter.' Defense, decarbonization, and the rare earth race The global race for rare earth elements and battery metals is intensifying. Neodymium-iron-boron magnets—critical for precision-guided weapons, stealth aircraft, and unmanned systems—are almost entirely sourced from China. Western nations are now scrambling to diversify supply chains, and Canada is poised to play a pivotal role. Grid's focus on lithium and copper aligns with this strategic imperative. These metals are not only essential for EVs and renewable energy but are increasingly vital to defense technologies. The recent development of a new copper-lithium-tantalum alloy in the U.S.—capable of withstanding extreme heat while maintaining strength—highlights the evolving role of these materials in next-generation defense systems. Though still years from commercialization, such innovations point to the growing value of Grid's core commodities. Why investors should pay attention Grid Battery Metals is more than a junior explorer—it's a potential cornerstone in North America's critical minerals strategy. With assets in politically stable jurisdictions, proximity to major players, and a focus on metals that are both economically and militarily essential, Grid offers a unique value proposition. The company's stock has shown strong momentum in 2025, with a 225% year-to-date return as of June. As governments double down on clean energy and defense spending, companies like Grid stand to benefit from both policy tailwinds and market fundamentals. A solid bet on the future In a world where energy security and national defense are increasingly intertwined, Grid Battery Metals is aligned with the most pressing global trends. Investors looking to gain exposure to the electrification and defense revolutions should consider Grid as a high-upside opportunity. As always, deeper due diligence is essential—but the fundamentals, timing, and geopolitical context suggest that Grid Battery Metals could be a name to watch closely in the years ahead. Grid Battery Metals is a Canadian exploration company with a focus on exploration for high-value battery metals for the electric vehicle market. Join the discussion: Find out what everybody's saying about this stock on the Grid Battery Metals Inc. Bullboard investor discussion forum, and check out the rest of Stockhouse's stock forums and message boards. This is sponsored content issued on behalf of Grid Battery Metals Inc., please see full disclaimer here.
Business Upturn
06-05-2025
- Business
- Business Upturn
Apogee Minerals Announces Acquisition of the May Lake Project Located in Saskatchewan, Canada
By GlobeNewswire Published on May 6, 2025, 02:00 IST Vancouver, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — Apogee Minerals Ltd. ('Apogee' or the 'Company') (TSXV: APMI) is pleased to announce that it has acquired a 100% interest in two mineral claims comprising the May Lake Project, located in the La Ronge Belt of northern Saskatchewan. The claims were acquired from an arm's-length third-party for a total cash consideration of CAD $5,000. The two claims cover a total area of 4,502.2 hectares, situated approximately 240 kilometres north of the town of La Ronge. This acquisition marks a strategic addition to Apogee's growing land position in one of Saskatchewan's most prospective greenstone belts, which is known for its gold and base metal potential. May Lake Property Location: May Lake Property Summary: The May Lake Property lies at the boundary between the Rottenstone and La Ronge domains, host to a variety of deposit types including volcanogenic massive sulphide Cu-Zn-Pb orogenic gold and intrusion-hosted magmatic Ni-Cu deposits. The claims are underlain by interlayered, felsic, intermediate and mafic volcanics, as well as intermediate to felsic intrusives and metasediments. Several notable mineral occurrences are located on the claims. The most significant of these is a rusty andesite outcrop which returned up to 2090 ppm Cu (0.2%), along with anomalous Zn, gold and silver values. The property has not seen a great deal of exploration historically and significant potential for the discovery of volcanogenic massive sulphide Cu-Zn-Pb and orogenic gold mineralization exists on the property. May Lake Geology: Qualified Person: Sean Cross, a 'qualified person' for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects and a Consulting Geologist, has prepared, reviewed, and approved the scientific and technical disclosure in this news release. About Apogee Minerals Ltd.: Apogee Minerals Ltd. is a mineral exploration company. Our goal is to build shareholder value through mineral project acquisitions and advancement, as well as new mineral discoveries. To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company's website: Apogee Minerals Ltd. 'Tim Fernback' Tim Fernback Interim CEO and Director For further information, please contact: Apogee Minerals Ltd. Nicholas Coltura, Director Email: [email protected] Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Statements Regarding Forward-Looking Information This release includes certain statements that may be deemed to be 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Hamilton Spectator
05-05-2025
- Business
- Hamilton Spectator
Apogee Minerals Announces Acquisition of the May Lake Project Located in Saskatchewan, Canada
Vancouver, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — Apogee Minerals Ltd. ('Apogee' or the 'Company') (TSXV: APMI) is pleased to announce that it has acquired a 100% interest in two mineral claims comprising the May Lake Project, located in the La Ronge Belt of northern Saskatchewan. The claims were acquired from an arm's-length third-party for a total cash consideration of CAD $5,000. The two claims cover a total area of 4,502.2 hectares, situated approximately 240 kilometres north of the town of La Ronge. This acquisition marks a strategic addition to Apogee's growing land position in one of Saskatchewan's most prospective greenstone belts, which is known for its gold and base metal potential. May Lake Property Location: May Lake Property Summary: The May Lake Property lies at the boundary between the Rottenstone and La Ronge domains, host to a variety of deposit types including volcanogenic massive sulphide Cu-Zn-Pb orogenic gold and intrusion-hosted magmatic Ni-Cu deposits. The claims are underlain by interlayered, felsic, intermediate and mafic volcanics, as well as intermediate to felsic intrusives and metasediments. Several notable mineral occurrences are located on the claims. The most significant of these is a rusty andesite outcrop which returned up to 2090 ppm Cu (0.2%), along with anomalous Zn, gold and silver values. The property has not seen a great deal of exploration historically and significant potential for the discovery of volcanogenic massive sulphide Cu-Zn-Pb and orogenic gold mineralization exists on the property. May Lake Geology: Qualified Person: Sean Cross, a 'qualified person' for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects and a Consulting Geologist, has prepared, reviewed, and approved the scientific and technical disclosure in this news release. About Apogee Minerals Ltd.: Apogee Minerals Ltd. is a mineral exploration company. Our goal is to build shareholder value through mineral project acquisitions and advancement, as well as new mineral discoveries. To find out more about Apogee Minerals Ltd. (TSX-V: APMI) visit the Company's website: Apogee Minerals Ltd. 'Tim Fernback' Tim Fernback Interim CEO and Director For further information, please contact: Apogee Minerals Ltd. Nicholas Coltura, Director Email: ncoltura@ Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Statements Regarding Forward-Looking Information This release includes certain statements that may be deemed to be 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at for further information.
