Century Lithium Advances Angel Island Project with BLM Approval, Raises $4.7M
Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) is making strides with its Angel Island lithium project in Nevada, USA. The company has recently submitted comprehensive environmental studies to the Bureau of Land Management (BLM) and has received significant federal recognition.
The Angel Island project has been included in the FAST-41 Transparency Dashboard process, indicating federal interest in advancing domestic lithium supply. This designation is a testament to the project's potential and the company's commitment to responsible development.
Century Lithium has also raised $4.7 million through a LIFE offering. These funds will be used to update the Feasibility Study, reflecting the most current project data, and to support ongoing permitting efforts. The updated Feasibility Study will also support the Plan of Operations (PoO) for Angel Island, bringing the project closer to production.
The Angel Island project, designated as a FAST-41 Transparency project, is poised for progress. With the submission of baseline environmental studies and the recent funding, Century Lithium is well-positioned to advance its lithium project in Nevada.
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