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Silver Grail Resources Ltd V.SVG

Alternate Symbol(s):  SVGAF

Silver Grail Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia (BC), Canada. The Company, through its subsidiary, Teuton Resources Corp., conducts business and exploration activities in Canada. Its properties in the Skeena Mining Division, British Columbia include Clone, Konkin Silver, Bay Silver Claims, Silver Crown West Claims, Silver Crown, Midas, Tonga-Fiji properties. The Clone property is situated 20 kilometers southeast of Stewart, BC. The Konkin Silver property is located 29km east of Stewart, BC. The Company owns an approximately 50% interest in eight claims located in the New Westminster Mining Division. Its properties in the New Westminster Mining Division consist of Roman property. It also owns outright a cobalt-manganese property in northern Vancouver Island as well as a cobalt-nickel-magnesium property east of Harrison Lake.


TSXV:SVG - Post by User

Post by highperon Oct 14, 2020 8:02pm
75 Views
Post# 31718723

US strategic command has already moved on cobalt

US strategic command has already moved on cobalt Copied from the CEO ca svg board.

U.S. Takes Stake In Irish Battery Metal Producer

The US government is taking a $25 million equity stake in Dublin-based battery metals miner TechMet, as part of a push by President Donald Trump to reduce the country’s reliance on supply chains dominated by China. 

The backing from the $60 billion US International Development Finance Corporation (DFC) will help TechMet develop a nickel and cobalt mine in Brazil. Both metals are key in the production of the batteries that power electric cars and cell phones.

TechMet’s Brazilian Nickel project, in the north-eastern state of Piau, is estimated to hold as much as 72 million tonnes of ore containing 1% nickel and 0.05% cobalt.

 

“Investments in critical materials for advanced technology support development and advance US foreign policy,” Adam Boehler, chief executive officer of the government agency, said in a statement.


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