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Megawatt to accelerate developing prime Australian Rare Earth Projects
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VANCOUVER, BC, May 12, 2021 /PRNewswire/ - Megawatt Lithium and Battery Metals Corp. (CSE: MEGA) (FSE: WR20) (OTC: WALRF) (the Company or Megawatt ) is pleased to announce it is moving forward with a rare earth element (REE) sampling program at the recently acquired Arctic Fox and Isbjorn properties in Northern Territory, Australia (see April 14, 2021 press release). The decision to accelerate development plans for the REE properties is based on market intelligence indicating potential impending global REE supply shortages over the next decade, arising from green stimulus and rapid take up of electric vehicles (EV) propelling demand. Notably, key REEs in demand are neodymium and praseodymium which are prevalent across the region where Megawatt s properties are located in the Northern Territory.
Megawatt files NI 43 101 Technical Report for the Tyr Project, NSW and Century South Project, Queensland, Australia
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Megawatt Lithium and Battery Metals Corp. (CSE: MEGA) (FSE: WR20) (OTC PINK: WALRF) (the
Company or
Megawatt ) is pleased to announce that it has completed and filed on SEDAR an NI 43 101 Technical Report for the Tyr Silver Project in New South Wales, Australia and Century South Project in Queensland, Australia. The report has been prepared by Xplore Resources Pty Ltd ( Xplore Resources ) of Brisbane, Queensland, Australia. The Qualified Person for the Technical report is Matthew Stephens FAIG.
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Megawatt Plans Seasonal Field Work at Tyr Including Phase 1 Drilling
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Megawatt Lithium and Battery Metals Corp. (CSE: MEGA) (FSE: WR20) (OTC PINK: WALRF) (the
Company or
Megawatt ) is pleased to announce that it has approved a seasonal exploration program for its Tyr Silver Project in New South Wales, Australia. The tenement covers 100 units over an area of 299km2 and was granted effective on the 29th of March 2018 for a period of five (5) years as a prospective tenure with a large number of known mineral occurrences and historical mining for commodities; silver, tin, arsenic, lead, zinc and tungsten.
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