Welcome to our dedicated page for Lancaster Resources news (Ticker: $LANRF), a resource for investors and traders seeking the latest updates and insights on Lancaster Resources stock.
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Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) is pleased to announce the successful completion of a pivotal regulatory site visit at its Alkali Flat Lithium Brine Project in New Mexico. The visit, conducted on November 14, included key staff from the Bureau of Land Management (BLM) and the Energy, Minerals and Natural Resources Department (EMNRD). The comprehensive review focused on access routes, site conditions, local vegetation, and discussions regarding the planned drilling activities, access requirements, and the full claim area geophysical work at the site. Lancaster Resources is committed to minimizing environmental impact and is actively working with regulatory agencies to establish proper reclamation requirements. Continued engagement with stakeholders and agencies is a priority for the company, marking a significant milestone in the project's development with a focus on environmental stewardship and community collaboration.
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-15.06%
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Lancaster Resources Inc. has received administrative approval for its maiden drill program at the Alkali Flat Project in New Mexico. The New Mexico Mining and Minerals Division has declared Lancaster's Minimal Impact Exploration Permit Application for its Phase 1 Exploration Drilling to be complete. The proposed exploration plan includes three drill holes and associated pads over a disturbed area of less than two acres. The project now moves to the technical review phase, with a site visit scheduled for mid-November 2023.
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Lancaster Resources Inc. provides an update on their exploration activities and upcoming milestones for the Alkali Flat Lithium Brine Project in New Mexico. Key highlights include successful geophysics and geology studies, selection of drilling locations, regulatory applications submitted, and collaborations with various advisors and companies. The company aims to commence drilling operations in February 2024 and expects sample analysis results and DLE technology trials in Q2 2024.
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-69.72%
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Lancaster Resources Inc. announces approval for trading on the OTCQB Venture Market in the U.S.
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Lancaster Resources Inc. has submitted applications to drill up to three wells on its Alkali Flat Lithium Brine Project in New Mexico. The targets were identified through a successful MT Geophysics program, showing clear opportunities for aquifers with concentrated lithium brine. Assay results from the drilling program are expected shortly after completion. The program aims to minimize environmental impact and protect freshwater sources.
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-15.38%
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Lancaster Resources announces positive results from its MT geophysics program at Alkali Flat Lithium Project in New Mexico. Multiple high priority drill locations believed to host lithium-rich aquifers have been identified. Plans for Phase 1 Drilling program in late 2023 and follow-up geophysics program in 2024. Co-production opportunities with geothermal power being reviewed. Adjacent to Arizona Lithium's Lordsburg Brine Project.
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650%
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Lancaster Resources Inc. announces acquisition of Trans Taiga Lithium Project in Quebec, diversifying its exploration projects and enhancing geographical diversity. Strategic move to unlock different types of lithium resources. Initial payment commitment of $115,000. Milestone payments based on exploration success. Lithium is a critical mineral for EV batteries and renewable energy.
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KLM Geophysics commences MT geophysics program at Lancaster's Alkali Flat Lithium Project in New Mexico, USA. Survey results expected in a few weeks to guide drilling targets. Recent results highlight lithium-rich aquifer. Target area near Lightning Dock KGRA and Lordsburg Brine Project. MT survey to provide subsurface conductivity model for drilling targets in late 2023.
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Lancaster Resources Inc. announces the filing of annual renewals of BLM claims for the Alkali Flat Lithium Project. The filing includes 67 original claims and an additional 193 claims, covering a total of 5,200 acres. The claims present significant exploration opportunities with surface sediment concentrations up to 149ppm Lithium.
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-24.72%
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Lancaster Resources Inc.
OTC:LANRF
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