0 seconds of 3 minutes, 16 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
03:16
03:16
 
  • BBA E&C Inc. has been selected by Clean Air Metals (AIR) as the prime engineering consultant on the Thunder Bay North Critical Minerals Project
  • Abraham Drost, Chief Executive Officer of Clean Air Metals, sat down with Sabrina Cuthbert to discuss the news
  • The company will lead the execution of the remaining pre-feasibility study (PFS) work packages
  • SLR Consulting will complete the validation of in-house resource estimates for the Thunder Bay North Project
  • Clean Air Metals is developing its flagship high-grade Thunder Bay North Project
  • Clean Air Metals (AIR) is up 4 per cent, trading at $0.13 per share

Clean Air Metals (AIR) announced that BBA E&C Inc. will be the prime engineering consultant on the Thunder Bay North Critical Minerals Project.

The Sudbury and Montreal-based company will lead the execution of the remaining pre-feasibility study (PFS) work packages.

The work includes the overall underground mine design, optimized life-of-mine planning, dilution estimation, mining selectivity and cut-off policy optimization, mining value chain optimization, estimation of proven and probable mineral reserves and reporting according to NI 43-101 requirements.

BBA will conduct trade-off studies around conventional mine fleets, trolley-electric and battery-electric vehicles, as well as site infrastructure design and tailings management solutions and provide overall cost estimation.

Clean Air Metals has also engaged SLR Consulting to complete the validation of in-house resource estimates for the Thunder Bay North Project. The company intends to use the estimate for the basis of a standalone technical report in Q1 2023 that will help mine planning in the PFS technical report.

Abraham Drost, Chief Executive Officer of Clean Air Metals, sat down with Sabrina Cuthbert to discuss the news.

“Planned 2023 project milestones include a mineral resource update in Q2 2023 and delivery of a prefeasibility study and 2P mineable reserves in Q3 2023. The Company has a long-term commitment to the development of an environmentally sustainable mining operation at Thunder Bay North. It is well financed for the next chapter of that journey, having recently closed the first tranche of a C$15 million mining royalty investment into the Thunder Bay North Platinum-Palladium-Copper-Nickel project by Triple Flag Precious Metals Corp.”

Clean Air Metals is developing its flagship high-grade Thunder Bay North Project, a platinum, palladium, copper and nickel project near Thunder Bay, Ontario.

Clean Air Metals (AIR) is up 4 per cent, trading at $0.13 per share.

More From The Market Online
Wooden hand sign reading "gold mine"

Loncor Gold delivers more value-accretive drilling from the Congo

Loncor Gold (TSX:LN) releases prospective drilling results from its 3.66 million ounce Adumbi deposit in the Congo.
Two lightbulbs atop stacks of coins

Two top critical mineral stocks the market is missing

When a critical mineral company's prospects don't mesh with its stock performance, active investors owe it to themselves to dig deeper.
The Market Online Video

Trade Wars, Soaring Gold, and Canada’s Political Crossroads

The Canadian Securities Exchange presents your go-to source for trends in junior and small cap markets each month.
Standard Lithium logo

Smackover Lithium JV approved for brine production in Arkansas

The Arkansas Oil and Gas Commission has unanimously approved a brine production unit for Smackover Lithium's South West Arkansas project.