Integral Metals Acquires Woods Creek Project
Deal News | Jan 27, 2025 | Globenewswire
Integral Metals Corp., an exploration stage company, has announced the acquisition of the Woods Creek Project in southwestern Montana, located within the Idaho Rare Earth Elements-Thorium (REE-Th) Belt. The project comprises 25 lode claims over 516 acres, capitalizing on the growing demand for rare earth elements vital for modern technology. The Woods Creek Project lies within a geological trend known for rich carbonatite systems. This acquisition aligns with Integral Metals' strategy to explore high-potential regions for critical minerals and reflects its commitment to strengthen its portfolio. The company plans to conduct detailed geological studies and develop drill targets to further evaluate the property's potential. Integral Metals emphasizes its role in contributing to a domestic supply of critical minerals, holding various properties across Canada and the USA. While the claims are pending adjudication by the Bureau of Land Management, Integral remains focused on advancing exploration activities.
Sectors
- Mining and Mineral Exploration
- Natural Resources
Geography
- United States – The acquisition involves the Woods Creek Project located in southwestern Montana, USA.
- Canada – Integral Metals Corp has holdings in Canada and is headquartered in Calgary, Alberta.
Industry
- Mining and Mineral Exploration – The article focuses on Integral Metals Corp acquiring the Woods Creek Project for exploring rare earth elements critical to modern technology.
- Natural Resources – Integral Metals Corp is involved in the exploration of natural resources, specifically critical minerals like rare earth elements.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Integral Metals Corp. | Acquiring Company | Company | An exploration stage company engaged in mineral exploration for critical minerals. |
Bureau of Land Management | Government | Government | Responsible for adjudicating the claims related to the Woods Creek Project. |