Post by
garmin1 on Oct 16, 2023 12:18pm
Possible $100M gov’t funding for Nechalacho??
Canadian Infrastructure Bank has publicly said that $100 million to be announced this quarter for a critical minerals project in the north, no exact detail of which project it will be, only hinted that it produces multiple critical minerals and has got a feasibility study. Mentioned that it is a private enterprise, so I wonder if it's referencing Cheetah, the underlying owner of the near surface mineral tenements at Nechalacho?
-Vital Metals continues to be in ASX voluntary suspension saying a material funding is pending.
-In the last 24 hours Vital has announced a new managing director and CEO Dr. Geordie Mark. Real interesting credentials.
-On Sept 11 Avalon's press release notes that currently they are awaiting permits for drilling at Nechalacho.