Lithium Americas secures $2.26bn DOE loan for Thacker Pass project
Thacker Pass is currently North America’s largest known lithium resource.
29 October 2024
29 October 2024
Thacker Pass is currently North America’s largest known lithium resource.
The agreement creates a diversified North American gold producer platform.
Funds from the placement will help advance the flagship Ewoyaa Lithium Project towards an FID.
The Yoquivo project comprises seven mining concessions covering a total area of approximately 1,975ha.
The transaction is subject to standard closing conditions, including the approval of the TSX Venture Exchange.
The royalty acquisition on the Millennium and Cree Extension projects gives URC approximately 12,800ha in the Athabasca Basin.
The acquisition values Bluestone at approximately C$0.50 per share.
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