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CleanTech Acquires Significant Package of Fluorspar Projects Totaling 7,180 Acres for US$4,000,000 in Illinois-Kentucky Fluorspar
District
CleanTech Vanadium Mining Corp. has taken a major step in expanding its critical minerals portfolio. The company has secured an option to acquire a significant package of fluorspar projects totaling 7,180 acres in the historic
Illinois–Kentucky Fluorspar District — one of the most strategic fluorspar regions in North America.
This acquisition positions CleanTech as one of the largest fluorspar holders in the United States, giving it control over key fault systems with decades of production history and long-term exploration potential. Fluorspar is a critical mineral essential for nuclear fuel
production, EV batteries, large-scale energy storage, and steel and aluminum manufacturing — and the U.S. is currently import-dependent.
Deal Highlights:
- 7,180 acres across multiple high-potential deposits
- Over 720 historic drill holes confirming
significant mineralization
- Option to acquire the entire package for US$4M
- Strategic location with
established infrastructure and proximity to major industrial consumers
With global fluorspar demand rising and supply tightening, this move strengthens CleanTech’s role in securing U.S. domestic supply for industries that power modern life.
Read the full release here: Read More
CleanTech Vanadium Mining Corp.
www.cleantechvanadium.com
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FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words
“believes,” “may,” “plans,” “will,” “anticipates,” “intends,” “could”, “estimates”, “expects”, “forecasts”, “projects” and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management’s expectations regarding CleanTech’s future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual
results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information. Forward-looking information in this news releases includes: the acquisition of ownership in the Campbell Crotser Project, the presence of a land grab for fluorspar projects and Fluorspar as CleanTech’s major vertical, logistical advantages at the Campbell Crotser Project, the ability to advance the Project in both the near
and long term, the availability of infrastructure that would assist in the advancement of the Project. Forward-looking statements are based on the opinions and estimates of management of CleanTech at the date the statements are made and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based
on factors and events that are not within the control of CleanTech, there is no assurance they will prove to be correct and are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements.
Forward-looking information involves significant risks and uncertainties, should not be read as a guarantee of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A
number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking information, including but not limited to: changes in operating plans; ability to secure sufficient financing to advance the Company’s project; conditions impacting the Company’s ability to mine at the project, such as unfavorable weather conditions, development of a mine plan, maintaining existing permits and receiving any new permits required for the project,
and other conditions impacting mining generally; maintaining cordial business relations with strategic partners and contractual counter-parties; meeting regulatory requirements and changes thereto; risks inherent to mineral resource estimation, including uncertainty as to whether mineral resources will be further developed into mineral reserves; political risk in the jurisdictions where the Company’s projects are located; commodity price variation; and general market, industry and economic
conditions. Additional risk factors are set out in the Company’s latest annual and interim management’s discussion and analysis, available on SEDAR+ at www.sedarplus.ca.
Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward- looking statements in this news release are
made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.
Information contained herein has been obtained from sources believed to be reliable, but there is no guarantee as to completeness or accuracy. Because individual investment objectives vary, this Summary should not be construed as advice to meet the particular needs of the reader. Any opinions expressed herein are statements of our judgment as of this date and are subject to change without notice. Any action taken as a result of reading this independent market research
is solely the responsibility of the reader.
The Morgan Report is not and does not profess to be a professional investment advisor, and strongly encourages all readers to consult with their own personal financial advisors, attorneys, and accountants before making any investment decision. The Morgan Report and/or independent consultants or members of their families may have a position in the securities mentioned. Mr. Morgan does consult on a paid basis both with private investors and
various companies. Investing and speculation are inherently risky and should not be undertaken without professional advice. By your act of reading this independent market research letter, you fully and explicitly agree that The Morgan Report will not be held liable or responsible for any decisions you make regarding any information discussed herein. |
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