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News snapshot: Endeavour Mining, Africa Oil, Northwest Copper, Usha Resources, Plurilock...

Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) offers investors exposure to an advanced development project adjacent to the only operating producer of lithium chemicals in the United States, according to analysts at PI Financial in their initial coverage of the stock.

In a note to clients, the analysts wrote that they were awarding the stock a ‘Buy’ rating and a C$3 price target. Century Lithium shares are currently trading at C$1.19.

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TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) has said that, following the news of another multi-million-dollar investment at its Los Azules royalty project, operators McEwen Mining reported new copper values over extensive widths resulting from infill and step-out exploration drilling.

Highlights from the drill results include 1,052 meters (m) of 0.29% copper (Cu), including 480.0m grading 0.42% Cu, which is coincident with a prominent deep geophysical anomaly and showcases the potential to meaningfully expand Los Azules through exploration, according to a release from McEwen.

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Pantheon Resources named David Hobbs as an independent non-executive director, effective 21 March 2023.

The AIM-quoted oil and gas company said Hobbs graduated as a petroleum engineer from Imperial College in 1984, initially starting his career as a drilling engineer at British Gas.

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Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF), formerly Nextech AR Solutions Corp, said it has filed a provisional patent titled 'Generative AI for 3D Model Creation from 2D Photos using Stable Diffusion with Deformable Template Conditioning'.

The company said the patent builds on its previous patent filed last year for creating complex 3D models by parts. The game-changing AI technology underpinning these patents places the company in a leadership position in the 3D modeling for eCommerce space and sets the stage for it to become cash flow positive.

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Africa Oil Corp (TSX:AOI) told investors that an independent review of the company's prospective resources has been completed as it prepares for environmental impact surveys of its oil prospects offshore Namibia ahead of possible drilling in 2024.

The company noted that the review was completed by RISC Advisory (UK) Limited in accordance with Canadian National Instrument 51-101 – Standards for Oil and Gas Activities (NI 51-101), the Canadian Oil and Gas Evaluation Handbook, and the Petroleum Resources Management System (PRMS) 2018.

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Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) saw its shares jump 26% higher as trading in the stock resumed on Thursday after it issued a response to a "false and misleading report" regarding its partner Piedmont Lithium Inc released by Blue Orca Capital on March 8.

The AIM-listed exploration and development company, which is targeting to deliver Ghana's first lithium mine, said it holds valid prospecting licences with operating permits for all of its current activities, in accordance with the Ghanaian government and the Minerals Commission's requirements, and outrightly refutes the allegations of impropriety made by the Blue Orca report.

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Anglo Asian Mining PLC (AIM:AAZ, OTC:AGXKF) said it has signed a seven-year revolving credit facility worth US$32.3mln with the International Bank of Azerbaijan.

Entered into by Anglo’s wholly-owned operating subsidiary, Azerbaijan International Mining Company, the revolving credit facility provides “additional finance and operational flexibility for the company’s expansion plans”, according to a statement.

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Nova Minerals Ltd (ASX:NVA, OTCQB:NVAAF) has received further significant gold intersections from diamond drilling at Cathedral within the Korbel Mining Complex which appear set to enhance resource updates being compiled for RPM and the Korbel Valley of the Estelle Gold Project in Alaska.

The company is looking to increase the current resource from 9.6 million ounces of gold, via an additional 30,000 metres of drilling at RPM North, RPM South, Korbel Main and Cathedral that will be added to the Phase 2 Scoping Study.

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Alkane Resources Ltd (ASX:ALK) has entered into an agreement with Sandfire Resources Ltd to acquire two packages of exploration tenements in the Macquarie Arc of New South Wales in return for $1.9 million worth of ALK shares.

The two projects will be wholly acquired by Alkane with no underlying royalties or liabilities and are considered to be highly prospective for gold-copper porphyry deposits.

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The Super Spike Advisory newsletter, in its February 27, 2023, issue, says ‘buy’ VR Resources Ltd (TSX-V:VRR, OTCQB:VRRCF) at 17 cents, officially, Buy up to 20 cents. The newsletter said buy five times between July 24, 2019, and Nov. 25, 2021, at prices ranging from 13.5 cents to 30 cents. It said that so far, the company has enjoyed strong REE grades, excellent consistency and the presence of "elite" REE in its basket. It is only a matter of time before VR establishes mineral resources. This may be a pivotal year for VR as more drill results come in, the newsletter concluded.

Valeo Pharma Inc. (TSX:VPH, OTCQB:VPHIF) has said it will report its financial results and highlights for the first quarter ended January 31, 2023 on Wednesday March 15, 2023 after market close. The company will host a conference call to discuss the results and highlights on Thursday March 16, 2023 at 8.30am ET. To join the conference call without operator assistance, interested parfties may register and enter your phone number at https://emportal.ink/3ZiE7hn to receive an instant automated call back. They can also dial direct to be entered to the call by an operator using Conference ID: 90254549; Dial-in numbers: 1-888-664-6392 or 416-764-8659; Audio replay numbers: 1-888-390-0541 or 416-764-8677 Replay code: 254549 #. A live audio webcast of the conference call will be available via: https://app.webinar.net/a5zqnWzNDX9

BioVie Inc (NASDAQ:BIVI) announced its management team will be participating in the Oppenheimer 33rd Annual Healthcare Conference, to be held virtually March 13-15, 2023. The group will present on Wednesday, March 15, 2023 at 12:40 PM ET. Register to view the webcast here: https://wsw.com/webcast/oppenheimer27/register.aspx?conf=oppenheimer27&page=bivi&url=https://wsw.com/webcast/oppenheimer27/bivi/2772210.

Wellbeing Digital Sciences (NEO:MEDI.AQN, OTCQB:KONEF) said that Andrew Charrette, Director Regulatory Affairs and Psychedelic Advisor from the company's wholly owned subsidiary KGK Sciences Inc will participate virtually at the upcoming Global Biomedical Design Conference taking place on March 11th and 12th. The Global Biomedical Design Conference (GBDC) is an annual student-run conference that aims to bring attention and awareness to new and innovative biomedical designs that target health-related topics on a global scale. This year’s conference will focus on the biomedical structure and implementation of drugs used to alleviate mental health-related issues. We will discuss the drug development process and regulation of these drugs in Canada. Additionally, we will be using psychedelic treatment and therapy as a case study to assist our delegates in understanding a holistic view of drugs being used to assist those suffering from mental health disorders. Andrew Charrette will provide a presentation discussing “Clinical Trials and Regulation in Psychedelic Medicine.” Register to attend here: https://queensgbdc.ca/

Sidus Space Inc (NASDAQ:SIDU) CEO Carol Craig will present on a CEO panel at SATELLITE 2023 where she will discuss supply chain and Sidus’ vertical integration strategy. Sidus Space will also exhibit at the conference in booth #2926 at the Walter E. Washington Convention Center, Washington, D.C. Craig will present on the SmallSat Builder CEOs panel: Bringing Innovation to the Space Supply Chain on Wednesday, March 15 at 10:45 a.m. ET along with fellow panelists Terran Orbital CoFounder, Chairman and CEO, Marc Bell; Kongsberg NanoAvionics CEO, Vytenis Buzas; Airbus U.S. Space and Defense Inc. Head of U.S. Space Systems, Debra Facktor; and Millennium Space Systems CEO, Jason Kim. “As we seek to continue educating the public on the space ecosystem, the value we can bring to various industries, and the unique Sidus constellation offering, we are excited to join this esteemed panel and meet with partners and prospects throughout the conference,” said Craig.

Western Magnesium Corp. (TSX-V:WMG, OTCQB:MLYF) announced that the TSX Venture Exchange has approved a 30 day extension on its non-brokered private placement.

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