Lancaster Resources Inc. announces that the New Mexico Mining and Minerals Division has provided Lancaster with a "Technically Complete Letter" regarding a permit for the Alkali Flat Lithium Brine Phase 1 drill program . "The approval of our maiden drilling application is confirmation of our commitment to responsible, minimal impact exploration and the last major hurdle before launching our maiden drilling program at [...]
Lancaster Resources is excited to announce the acquisition of the Piney Lake Gold Property. Property Overview The Piney Lake Gold Property, covering an area of 2,267.8 ha. Encircled by the prolific gold claims of SGO / SSR Mining, the Piney Lake claim is in a region with a storied history of mineral discoveries. Access to the Piney Lake property is facilitated by provincial highways, placing it about 18 kilometres to the [...]
Lancaster Resources and Nelson Lake Copper announce that the plan of arrangement previously announced on Jan 30, 2024, including the spin-off of Lancaster's wholly-owned subsidiary, Nelson, closed today. The Arrangement was approved by the shareholders of the Company's common shares at an annual and special meeting held on March 15, 2024, and by the British Columbia Supreme Court in its final order dated March 25, 2024 [...]
Lancaster Resources is excited to announce the acquisition of two high impact mineral claims in the world-class Athabasca Basin. The two claims are targeting high grade uranium in basement and unconformity type deposits. The two properties, called Catley Lake and Centennial East, at 3,036 ha and 5,081 hea respectively, provide significant exploration opportunities. These strategic acquisitions bolster Lancaster's [...]
In a release issued on Friday, February 9th by Lancaster Resources Inc., please note that the headline should have stated the interim offer was for Nelson Lake, rather than Crestfield Copper as originally announced. The corrected release follows: Lancaster Resources Announces Receipt of Interim Order for Nelson Lake Spin-Off Lancaster Resources Inc. is pleased to announce that on February 2, 2024, the Supreme Court of [...]
Lancaster Resources Inc. is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order in connection with the proposed spin-off of Nelson Lake Copper Corp. by Lancaster by way of Plan of Arrangement. For further information on the Arrangement and the arrangement agreement, please refer to Lancaster's news release dated January 30, 2024. The Interim Order, among other [...]
Lancaster Resources Inc. is thrilled to announce the signing of a non-binding letter of intent today with KorrAI Technologies. This strategic partnership aims to redefine the exploration landscape for lithium, uranium, rare earth elements, and other critical minerals, marking a significant milestone for both organizations. The collaboration between Lancaster Resources and KorrAI holds the promise of transforming the [...]
Lancaster Resources Inc. is pleased to announce that it today completed the first tranche of a non-brokered private placement , previously announced on January 19, 2024 The Company has completed the first tranche of the Offering with the issuance of 2,125,000 units, each consisting of one share and one warrant to purchase one common share at a price of $0.08 for three years after issuance. In connection with the Offering [...]
In a release issued under the same headline today by Lancaster Resources, please note that in the second paragraph, the "Record Date" has been changed to Feb 5, 2024, and in the fourth and tenth paragraphs, the "Meeting" date has been corrected to March 15, 2024. The corrected release follows: Lancaster Resources Inc. is pleased to announce that further to the Spin-Off Agreement announced on January 2, 2024, the Company [...]
Lancaster Resources is pleased to announce that further to the Spin-Off Agreement announced on Jan 2, 2024, the Company has entered into an arrangement agreement dated January 29, 2024 which outlines the terms and procedures for a plan of arrangement with its wholly owned subsidiary Nelson Lake Copper whereby the Company intends to spin off the majority of its holdings in Nelson Lake by issuing a stock dividend of Nelson [...]
Lancaster Resources Inc. is pleased to announce that it is offering a non-brokered private placement for aggregate gross proceeds of up to $200,000 . The Offering will consist of up to 4,000,000 units at an issue price of $0.05 per unit, with each unit comprised of one common share and one common share purchase warrant. Each warrant will be exercisable into one common share of the Company at an exercise price of $0.08 per [...]
Lancaster Resources Inc. is pleased to provide an update on the significant progress of the Alkali Flat Lithium Brine Project in Lordsburg, New Mexico, and the strategic steps being taken to explore this flagship property. Also, through an amendment to the spin-off agreement signed between Lancaster and Nelson Lake, the record date for the Spin-Off transaction has been set for February 5, 2024. CEO's Statement: "Our [...]