Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Resource Estimate

Adelayde joins Canadian defence association

ADDY · Price

Executive Summary

  • Adelayde Exploration Inc. has joined the Canadian Association of Defence and Security Industries (CADSI) and the National Defence Industrial Association (NDIA) to align its critical mineral portfolio with national security and defence procurement trends.
  • The company outlined immediate operational plans, including commencing work on the Sisson North tungsten project and developing work plans for the George Lake South antimony project in New Brunswick.
  • The release provides detailed mineral resource estimates for the McGee lithium clay deposit in Nevada, highlighting its strategic location bordering major industry players SLB and Century Lithium.

Key Details

  • CADSI & NDIA Membership: Provides access to defence industry forums, policy roundtables, technical workshops, and networking to stay informed on procurement trends, regulatory considerations, and partnership opportunities for critical minerals.
  • Sisson North Tungsten Project (New Brunswick): 9,780 contiguous acres directly bordering Northcliff Resources Ltd.'s Sisson tungsten mine; active work to begin shortly.
  • George Lake South Antimony Project (New Brunswick): 4,722 acres; company is currently formulating work plans.
  • McGee Lithium Clay Deposit (Nevada): 1,136-acre deposit with a mineral resource estimate of 320 million tonnes at 803 ppm Li for 1,369,000 indicated tonnes of LCE, and 157 million tonnes at 865 ppm Li for 723,000 inferred tonnes of LCE. Directly borders SLB (formerly Schlumberger) and Century Lithium Corp.
  • Funding & Activity: Company states it is "well funded" and plans to be "very active for the remainder of 2026."
  • Additional Nevada Portfolio: Includes the 280-acre Elon lithium brine project (access to deepest parts of North America's only producing lithium brine basin), the 124-acre Green Clay lithium project, and the 248-acre Clayton Ridge gold project.
  • Technical Compliance: Resource estimate and technical report prepared by Derek Loveday, PGeo, and Mariea Kartick, PGeo of Stantec Consulting Services Ltd., in conformity with CIM guidelines and NI 43-101.

Notable Quotes

  • James Nelson, President: "As critical minerals are becoming paramount to domestic security, we felt that this is a crucial time to join the CADSI, demonstrating our commitment to supporting secure, responsible and strategically aligned development of critical minerals within Canada. We are excited to begin work shortly on the Sission North tungsten project in New Brunswick, a jurisdiction that is very supportive of mining. We are also currently formulation work plans for the George Lake South antimony project in New Brunswick. The company is well funded and will be very active for the remainder of 2026."
Read the original news release →

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