TSXV: MNRL / OTCQB: MNMRF

MNRL / MNMRF Trades at $7 Million with $3.47 Million in Cash... Why Wait?

Monumental Minerals is debt-free and had roughly C$3.47 million in cash as of June 30, 2022, which represents almost half its stock market capitalization based on approximately $0.195 per share. Monumental Minerals is a small cap Canadian-based resource company focused on creating value through the exploration and development of its two core properties. First, the Jemi Heavy Rare Earth Project in Coahuila State, Mexico, hosts potentially economic concentrations of high-value magnetic rare earth elements (REEs)[1]1. Second, the Salar De Laguna Blanca Lithium Brine-Cesium sediment project in Chile holds significant quantities of lithium and cesium. Insiders hold a significant stake in Monumental Minerals.

“The price of lithium has gone to insane levels. It’s not that we wish to buy mining companies, but if that’s the only way to accelerate the transition, then we will do that.”

 

– Elon Musk

Lithium Prices Have Jumped Fivefold in the Last 18 Months

 

Lithium, the lightest metal on earth, is a key material in the cathodes of virtually all EV batteries. Lithium carbonate hit a fresh record of 500,500 yuan ($71,315) a ton recently, according to data from Asian Metal Inc. The surge in prices of lithium is seemingly unstoppable.

However, the cost of a lithium-ion EV battery pack has dropped dramatically over time, likely ensuring that overall EV prices will reach parity with conventional cars powered by internal combustion engines by the mid-2020s.

Rare-Earth Elements (REEs) are Heavily Utilized in Electric Vehicles

REEs are key component in many high-tech products, but the key roles they play in all aspects of electric vehicles will likely drive extremely strong growth over the next decade or more. 

Specifically, the heavy REEs which have been found on the Jemi Project, could be transformed into the rare earth oxides used to produce rare earth permanent motors for EV traction motors.

Lithium and REE Demand is Growing Exponentially

Lithium and REEs such as Dysprosium, Terbium, Neodymium, and Praseodymium are essentially economically irreplaceable in the EV industry. The REEs are necessary to produce neo-magnets. These miniature magnets, when magnetized by electricity, can propel an axle of a vehicle. In turn, the force of the spinning axle is used to power the wheels of an EV. Lightweight and energy dense lithium promises to play an enduring role in EV battery technology for the foreseeable future. Since global EV sales are expected to more than quadruple in 2030 from 6.3 million units in 2021 (per S&P Global Platts Analytics), the demand for lithium and REEs should remain robust for many years.

Monumental Minerals Top-Tier Asset Portfolio[2]2

Jemi Project – an HREE Project

Under an Option Agreement with Discovery Silver Corp., Monumental Minerals can acquire a 100% interest in the Jemi project primarily by incurring US$2 million in exploration expenditures on the project by March 2024 and by paying US$500,000 in cash or shares. This 3,560-hectare project is located within the North American Alkaline Igneous Belt, which hosts several REE deposits and showings. Numerous REE occurrences have been found. REE mineralization discovered to date is consistent with peralkaline intrusion-related deposits, a potentially economic style for high-value heavy REEs. Less than 5% of the property has been evaluated to date for heavy REEs.

Laguna Blanca Project – a Lithium-Cesium Project

According to a separate Option Agreement with Lithium Chile Inc., Monumental Minerals can earn a 75% stake in Laguna Blanca by incurring C$1.5 million in exploration expenditures on the project by March 2025 and by making C$1.5 million in cash payments to Lithium Chile through 2025. An early stage exploration project comprising 5,200 hectares, Laguna Blanca includes paleo salar brines and salts. It is located within the prolific “lithium triangle,” a lithium-rich central Andes high desert region which includes parts of Chile, Argentina and Bolivia.

The Laguna Blanca Project is located in the lithium triangle, which is believed to hold about 58% of the worlds lithium resources.

Monumental Minerals is preparing to drill in Q4, 2022.

Stay tuned. You don't want to miss this one!

Capital Markets Summary

as of September 21, 2022

Monumental Minerals Corp. (TSXV: MNRL / OTCQB: MNMRF)

 

Share Price (C$)$0.21
Outstanding Shares38.3 million
Fully Diluted Shares48.6 million
Stock Market Capitalization (C$)$7.46 million (based on $0.195 / share)
Cash (June 30, 2022) (C$)$3.47 million
Debt (June 30, 2022)Nil

Scientific & Technical Information

The scientific and technical information as it relates to the JEMI project has been reviewed and approved by Kris Raffle, P.Geo, a qualified person and a director of Monumental Minerals Corp.

Technical Report

National Instrument 43-101 Technical Report on the JEMI Rare Earth Property, Coahuila State, Mexico, effective October 20, 2021 and prepared by Craig Gibson, Ph.D., CPG, is available under Monumental’s profile on SEDAR (www.sedar.com).

SEDAR

The information disclosed on this web page is only summary information about Monumental Minerals Corp. and the industry in which it operates in. Visit www.sedar.com to review additional disclosures and filings from Monumental Minerals Corp. 

Market & Industry Data

The information contained herein includes market and industry data that has been obtained from third party sources, including industry publications. The Company believes that its industry data is accurate and that its estimates and assumptions are reasonable, but there is no assurance as to the accuracy or completeness of this data. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance as to the accuracy or completeness of included information. Although the data is believed to be reliable, the Company has not independently verified any of the data from third party sources referred to in this presentation or ascertained the underlying economic assumptions relied upon by such sources.

Forward Looking Information

This content contains “forward–looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, the potential plans for the Company’s projects, the expected benefits and outcomes from the agreement with Ocean Wall, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner and that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses and those other risks filed under the Company’s profile on SEDAR at http://www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, failure to secure personnel and equipment for work programs, adverse weather and climate conditions, risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological assumptions, failure to maintain all necessary government permits, approvals and authorizations, failure to obtain surface access agreements or understandings from local communities, land owners or Indigenous groups, fluctuation in exchange rates, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, decrease in the price of rare earth elements, lithium, cesium and other metals, loss of key employees, consultants, or directors, failure to maintain community acceptance (including from the Indigenous communities), increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward–looking statements or forward–looking information, except as required by law.

Disclaimer & Disclosure

Senergy Communications Capital Inc. (“Senergy”, “Us”, “Our” and/or “We”) is a Canadian-based marketing and communications company that typically works with publicly traded companies in North America. This website/media webpage is owned and operated by Senergy Communications Capital Inc.

Learn more at www.senergy.capital.

Senergy has been retained by Monumental Minerals Corporation to provide various online marketing / social media, communications, and advertising services. We have an agreement with Monumental Minerals Corporation for them to pay us C$36,000 throughout the term of the agreement. We own stock and may buy or sell securities in the future.

The information contained herein relating to such Issuer has been prepared by or on behalf of such Issuer and the information regarding such Issuer is being provided to you by Senergy at the direction of, and on behalf of such Issuer.

We are NOT securities dealers or brokers, investment advisors or financial advisors, and you should not rely on the information herein as investment advice. We are a marketing company and are paid, advertisers. If you are seeking personalized investment advice, please contact a qualified and registered broker, investment advisor or financial advisor. You should not make any investment decisions based on our communications.

The content disclosed herein is intended to highlight Monumental Minerals Corporation for your further investigation; this is not a stock recommendation or constitutes an offer or sale of the referenced securities. The securities of Monumental Minerals Corporation may be considered high risk; if you do invest despite these warnings, you may lose your entire investment. Please do your own research before investing, including reading the company’s SEDAR and SEC filings, press releases, and risk disclosures. It is our policy that information contained in this profile was provided by the company, extracted from SEDAR and SEC filings, company websites, and other publicly available sources. We believe the sources and information are accurate and reliable but we cannot guarantee it. We do not guarantee the timeliness, accuracy, or completeness of the information on our website/media webpage. The information in our website/media webpage is believed to be accurate and correct and we have asked Monumental Minerals Corporation to review the contents as it relates to them, but has not been independently verified and is not guaranteed to be correct.

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‍Forward-Looking Information & Risk Factors

Certain statements and/or graphics in the Company’s press releases, website information and corporate displays, among others, constitute “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by terms such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. or their conditional or future forms. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties.

Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this presentation. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except if required to do so by applicable securities laws. You are cautioned not to place any undue reliance on any forward-looking statement.

Visit www.monumentalminerals.com and www.senergy.capital for more information.

Sources:

1) The National Instrument 43-101 Technical Report for the Jemi Project with an effective date of October 21, 2021 is available on SEDAR at www.sedar.com 

2) Visit the company’s website and www.sedar.com for further information about the company and its projects.