Welcome to our dedicated page for Champion Electric Metals news (Ticker: CHELF), a resource for investors and traders seeking the latest updates and insights on Champion Electric Metals stock.
Champion Electric Metals Inc. (CHELF) drives critical mineral exploration through lithium projects in Quebec's James Bay region and cobalt-gold assets in Idaho. This news hub provides investors with authoritative updates on drilling programs, strategic transactions, and technical advancements across its discovery-focused portfolio.
Access timely press releases detailing field results from spodumene-bearing pegmatite targets, option agreements for gold properties, and QA/QC-validated geochemical data. Our curated collection serves as a trusted resource for tracking exploration milestones in battery metals and precious mineral systems.
Key updates include lithium trenching outcomes, cobalt claim expansions, and partnership-driven project developments. Each release reflects the company's commitment to systematic exploration methods and transparent stakeholder communication.
Bookmark this page for consolidated access to Champion Electric Metals' latest advancements in responsible mineral discovery. Regularly updated content supports informed analysis of their multi-jurisdictional exploration strategy.
Champion Electric Metals has secured a C$167,000 grant from Quebec’s Ministry of Natural Resources and Forests for its 2024 exploration program at its Lithium Property in James Bay, Quebec. The grant will fund metallurgical test work and drilling scheduled for later this year. The program supports projects aimed at discovering critical and strategic minerals in Quebec. Champion Electric's President and CEO, Jonathan Buick, expressed gratitude for the support, emphasizing the importance of developing domestic supplies of critical metals.
Champion Electric Metals, trading under CHELF, has updated its progress on the ongoing field program at its lithium property in James Bay, Quebec. Their spring field program follows a successful winter drilling campaign and includes prospecting, till sampling, boulder prospecting, mapping, trenching, and channel sampling. Recent discoveries include a boulder field containing large spodumene crystals, some up to 30cm in length. Excavators have been deployed for trenching, and samples have been sent to the lab for analysis. The company continues to explore other promising areas on the property.
Champion Electric Metals has initiated preparations for a new field program at its Lithium Property in James Bay, Quebec, following a recent discovery. Significant intervals of spodumene crystals and potential lithium mineralization were found in drill holes EIQ24-007 and EIQ24-008. The company plans further prospecting, mapping, geophysics, excavation, and channel sampling in the area. The field program aims to explore the continuation of the pegmatite mineral system. The team will clear overburden, build roads, and continue till sampling along the pegmatite trend. Permits for the next round of drilling have been secured.
Champion Electric Metals announced a binding letter of intent (LOI) with Prestwick Capital for the Baner Gold Project in Idaho.
Prestwick acquires a 100% interest in Baner Gold Project by making cash payments and issuing securities totaling $950,000, 1.3 million common shares, and warrants for 600,000 shares over 2.5 years.
Prestwick holds an exclusive right to manage the project and must maintain it in good standing.
The transaction is contingent on Prestwick's due diligence, TSX Venture Exchange approval, and meeting Initial Listing Requirements for a Mining Issuer.
Champion Electric shifts focus to lithium and cobalt operations.
Champion Electric Metals announced its maiden drill program results, intersecting lithium at the Western Prospect on its James Bay, Quebec property. Key findings include 10.0 meters at 0.42% Li2O, with notable intervals such as 3.0 meters at 0.62% Li2O. Another drill hole intersected 1.85 meters at 0.56% Li2O. These results indicate the edge of a mineralized system, which the company aims to explore further. Associated pathfinder elements like tantalum, cesium, niobium, and rubidium were also present. The exploration team has identified two pegmatite corridors, suggesting significant potential for further lithium mineralization.
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