Critical Minerals Americas Inc. is committed to advancing its critical minerals projects to contribute to a sustainable future.
Critical Minerals Americas Inc. is a private Canadian company organised to advance the development of one of the largest known accumulations of critical minerals, REEs, lithium, and scandium.
The Company’s Alberta 850km2 SBH Property projects also offer collateral ESG benefits, including CO2 consumption, sulphur consumption, and excess hydro generation.
Three large, mineralised zones have previously been discovered on the Company’s property by companies previously under the direction and control of the Company’s current management and technical operating team.
These are stratabound aggregations of all critical minerals in flat black shale strata at surface, all of which are collectively recoverable using bioleaching as confirmed by considerable prior R&D test work.
These mineralised zones, extending over 20km2-25km2 each, were first discovered in the early 1990s and advanced through considerable sampling and drill confirmation over the subsequent 20 years through some $12m of prior expenditures.
The SBH property
The Company holds a 100% interest in the 850km2 SBH mineral property, held under 14 Alberta Rock-hosted Minerals Permits, 120 km north of Fort McMurray, in the Athabasca oil sands region, northeast Alberta, Canada.
Metals-rich black shales extend under the surface of at least half of the property. The shales are enriched in recoverable Mo-Ni-U-V-Zn-Cu-Co-U-Th-REE-Li-Sc, hosted in large near-surface stratabound formations amenable to large-scale open pit mining.
Critical minerals for a sustainable future
The known mineralised zones represent pre-development advanced-stage opportunities that are being advanced toward pre-feasibility through systematic drilling and preliminary economic assessment studies slated for 2024-2025.
These will be conducted by the Company’s management and operational team, who bring decades of corporate and mineral exploration experience to the project and thorough familiarity with the property.
Bioleaching of Alberta’s polymetallic black shales to produce base metals together with rare earth elements, lithium, and scandium represents an innovative and transformative symbiotic link on the sustainability path to net zero from operations, which will help consume considerable sulphur and CO2 wastes from adjacent oil sands mining operations, while also offering a long term domestic and reliable source to critical minerals in short supply.
AREAS OF EXPERTISE
- Creating a long-term, stable supply of domestic critical minerals;
- Collateral ESG benefits, including CO2 consumption, sulphur consumption, and excess hydro generation; and
- Over 20 years of experience in exploring for important metals.
