Mosaic's current exploration focus is on Quebec's critical minerals.

The two aim to produce the key commodity used in lithium-ion batteries and processing it without needing water, chemicals or reagents.

Before Monday’s bankruptcy filing, Nevada Copper had attracted two bidders though it failed to close a deal with either one.

One hole returned 29.6 metres grading 4% zinc, 6.6% lead, 78 grams silver per tonne and 0.15% copper from 283.4 metres depth.

A group of locals has requested a provincial judge to scrap the environmental permit for the miners’ Curipamba-El Domo copper-gold project.

The list now identifies 34 minerals and metals deemed essential to the country’s economic or national security.

The upsized financing represents nearly double the initial offering amount.

The move will give Palamina access to strategic copper and silver projects in the country, including the Vicus Pluma project.