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CRITICAL REAGNT PROCESSNG (GRXXF) Stock News

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Critical Reagent Processing Corp. (CSE: CRPC) (OTC: GRXXF) has contracted Groundwater Insight and Tuareg Geological Services to evaluate the Laguna Santa Maria Project, a natural sodium carbonate (soda ash) deposit in Salta Province, Argentina. The project's strategic location is significant for the developing lithium industry in the region, as approximately two tonnes of soda ash are required to produce one tonne of battery grade lithium carbonate.

The evaluation program includes:

  • Reinterpretation of Vertical Electric Sounding (VES) data
  • Review of water and sediment chemistry data
  • Project site visit for brine and sediment sampling
  • Construction of a project database
Upon completion, further exploration and development will be assessed.

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Oz Lithium Corporation (CSE: OZLI, OTC: GRXXF) announced a Purchase Option Agreement for the Mina Laguna Santa Maria project in Salta, Argentina. The project covers 500 hectares and is licensed for sodium carbonate production, essential for lithium carbonate manufacturing. Close to existing lithium operations, the project holds significant logistical advantages. Given the insufficient local supply of soda ash in Argentina, the project presents a crucial opportunity for the expanding lithium industry. The acquisition costs total US$250,000. With over US$3 million in funding, the Company is equipped to expedite project evaluation, with sample results anticipated shortly.

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Oz Lithium Corporation (OTC: GRXXF) announced exploration progress at the Nortia Project in Pilbara, Western Australia. A multispectral satellite imagery program completed by Perry Remote Sensing identified areas that may host lithium-bearing minerals, including lepidolite and spodumene. The project spans 5,510 hectares near Nullagine, with previous sampling indicating lithium values between 8.3 ppm and 74.1 ppm. A ground program is scheduled to start this month to confirm exploration targets based on the satellite data.

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On May 11, 2022, Australian Goldfields Limited (OTC: GRXXF) announced its intention to change its name to Oz Lithium Corporation to better reflect its focus on lithium exploration. The company holds three tenements in the Pilbara Region of Western Australia, with promising lithium potential. Notably, the Nortia Project covers 5,510 hectares with lithium values ranging from 8.3 ppm to 74.1 ppm. The upcoming activities include soil sampling and ongoing LANDSAT programs to further assess lithium resources.

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Australian Goldfields Limited (OTC: GRXXF) has announced an exploration update for its Nortia Project and Cuprite Projects in Pilbara, Western Australia. The company has engaged Perry Remote Sensing, LLC to conduct a digital satellite analysis to identify potential mineral targets for future ground programs. The analysis aims to model surface exposures for pegmatite indicators and enhance the detection of fault zones using high-resolution satellite imagery. This follows the region's growing significance in lithium production since 2017.

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FAQ

What is the current stock price of CRITICAL REAGNT PROCESSNG (GRXXF)?

CRITICAL REAGNT PROCESSNG (GRXXF) last closed at $0.021.

What is the market cap of CRITICAL REAGNT PROCESSNG (GRXXF)?

The market cap of CRITICAL REAGNT PROCESSNG (GRXXF) is approximately $3.6M.