US Critical Metals Corp. reports news on a U.S.-focused critical minerals exploration portfolio led by the McDermitt East Lithium Project in Nevada's McDermitt Caldera. Company updates commonly cover exploration planning, drilling services, permitting activity, ownership consolidation, option agreements and project-level transactions tied to lithium and other minerals used in energy and defense supply chains.
Additional recurring developments include field sampling and geologic results from the Long Canyon Vanadium-Uranium Project in Idaho, ownership updates for the Haynes Cobalt Project in the Idaho Cobalt Belt, and portfolio changes such as the sale of Sheep Creek participation rights. News also covers material agreements, equity consideration and governance-related corporate updates.
US Critical Metals (OTCQB:USCMF) has secured a six-month extension for its option agreement on the McDermitt East Lithium Project in Nevada. The agreement allows USCM to acquire up to a 75% interest in the project, with an initial option for 50% and an additional option for 25%.
As consideration, USCM will issue 167,000 common shares to Live Energy Minerals Corp. at a deemed value of $0.30 per share. The development coincides with the Trump administration's interest in U.S. lithium production, particularly regarding potential equity stake acquisition in the nearby Thacker Pass project.
The McDermitt East Project, located within the McDermitt Caldera, has shown promising results with sampling of up to 2,129 ppm lithium. The project is situated in one of the largest sources of lithium clays globally, formed approximately 16.3 million years ago.
US Critical Metals (OTCQB:USCMF) has announced significant results from its 2025 field program at the Long Canyon Vanadium-Uranium Project in Idaho. The program identified two distinct mineralizing systems: metal-rich black shales and CRD-style mineralization.
The black-shale samples revealed impressive grades of up to 9,066 ppm V₂O₅ and 598 ppm U₃O₈, along with 1,500 ppm Mo and 3,280 ppm Ni. The CRD-style mineralization showed values up to 0.75% Zn, 3.88% Pb, and 354 g/t Ag. The prospective trend extends approximately 4.3 km in strike length.
The company plans to implement follow-up work including airborne EM surveys, structural mapping, and channel sampling to prepare for a future drill program. The project is strategically positioned to benefit from recent U.S. federal directives on nuclear energy expansion and uranium permitting reform.
U.S. Critical Metals (OTCQB: USCMF) has maintained 100% ownership of its Haynes Cobalt Project in Idaho's Cobalt Belt, adjacent to Jervois Mining's operations. The strategic retention comes as the U.S. Defense Logistics Agency launches a $500 million program to acquire 7,480 tonnes of cobalt for defense stockpiles.
The 470-acre property features historical drilling results including 1.77m of 0.53% cobalt, and recent 2021 sampling revealed significant cobalt grades up to >1.0%. The project's location near the only primary U.S. cobalt mine and historical production from three adits enhances its strategic value, particularly given the U.S.'s >75% dependence on external cobalt sources.
The property also shows potential for Rare-Earth Element (REE) mineralization, with xenotime presence correlating with cobaltite mineralization, presenting an additional exploration opportunity.
U.S. Critical Metals (OTCQB: USCMF) has completed the acquisition of a 100% interest in the Clayton Ridge Lithium Project in Esmeralda County, Nevada. The project, located approximately 20 kilometers west of Tonopah, is situated in a strategic position over the Clayton Valley region, known for advanced-stage lithium claystone deposits.
The project maintains a 3% gross overriding royalty (GORR) with an option to purchase 1% for USD$1 million. Historical exploration has confirmed lithium-rich claystone presence, with mineralization hosted in illite and smectite-rich volcanic ash-derived clays. The geological characteristics suggest potential for lateral extension, particularly eastward.
U.S. Critical Metals (OTCQB: USCMF) has completed a geological field program at its Long Canyon Uranium Project in Idaho, revealing significant findings. The program collected 251 rock samples and identified multiple black shale and carbonate horizons with elevated scintillometer readings.
Key discoveries include 20-30 meter thick black shale units with a strike length of approximately three kilometers, previously showing uranium content up to 521 ppm in rock samples and 3,985 ppm in soil samples. The team also found gossanous carbonate outcrops suggesting potential for carbonate-hosted Ag-Pb-Zn deposits, including a historic adit exceeding 20 meters in length.
US Critical Metals (USCMF) has engaged Think Ink Marketing for a six-month marketing and public relations program. The initial agreement, which commenced on May 9, 2025, involves a USD$100,000 fee with potential expansion to USD$250,000. Think Ink will create and distribute marketing materials and paid advertisements for USCM, subject to the company's approval.
Additionally, USCM has granted 1,250,000 stock options at $0.24 per share for a five-year period and 1,750,000 restricted share units (RSUs) to officers, directors, and consultants. The options vest immediately, while RSUs will vest over one year in four-month increments.
US Critical Metals Corp. (USCM) provides an update on its portfolio of US critical metal assets, including projects in lithium, vanadium, uranium, rare earth elements, and cobalt. Despite market challenges, USCM maintains its portfolio focusing on cost control while advancing projects to drill-ready stages. The company's assets include the McDermitt East Lithium Project and Clayton Ridge Lithium Project in Nevada, Long Canyon Vanadium and Uranium Project in Idaho, Sheep Creek Rare Earth Project in Montana, and Haynes Cobalt Project in Idaho. USCM has also granted 500,000 stock options to a consultant at $0.08 per share, exercisable for five years.
US Critical Metals Corp. (USCM) has completed an exploration program at the Long Canyon Uranium and Vanadium Project in Idaho. The program focused on expanding and confirming historical results in priority areas. USCM collected 19 samples from various locations, including historic prospects, trenches, and drill sites. The company expects to release sampling results and interpretations upon receipt of assays.
The next phase of work is expected to include further geochemical sampling, detailed geological mapping, and a UAV spectrometer radiometric survey. USCM's near-term objective is to delineate priority targets for a focused drill campaign to determine the extent of uranium and vanadium mineralization. Historical sample results have shown up to 3,985 ppm U3O8 and 5,279 ppm V2O5 in soil samples.
US Critical Metals Corp. (USCM) unveiled promising exploration results from its McDermitt Lithium East Project in Nevada. The company collected 53 samples, with lithium concentrations peaking at 2,129 ppm. The highest grades to date, these findings affirm significant lithium potential, particularly along the eastern margin of the McDermitt Caldera, previously overlooked due to post-mineral cover. The 6,508-acre project, adjacent to Lithium America's Thacker Pass, aims to advance further through trenching and a maiden drill program. USCM holds an option to acquire up to a 75% interest in the project through a partnership with Live Energy Minerals Corp. Despite market challenges in the critical minerals sector, USCM remains committed to exploring and developing its assets, with upcoming plans for additional work at its Long Canyon Uranium and Vanadium Project in Idaho.