This company is a pre-revenue mining exploration and development company focused on lithium and uranium, with three projects at various stages of development. The most advanced is the Falchani Lithium Project in Peru, which is progressing through a Pre-Feasibility Study (PFS) with DRA as lead engineer, following an updated Preliminary Economic Assessment (PEA) published in January 2024. The TLC Lithium Property in Nevada has a published resource estimate and maiden PEA, with early PFS work also underway. The third project, the Macusani Uranium Project in Peru, is at an earlier stage, with an updated PEA in progress and additional drilling planned. The company has no revenue or operating cash flow, and funds all operations — drilling, resource estimation, and engineering studies — through equity financings. Value creation depends on advancing projects through resource definition, economic studies, and permitting toward commercial production, or attracting a partner, acquirer, or off-take agreement. The Nevada project operates in a mining-friendly regulatory environment, while the Peru projects carry higher political and regulatory risk; the Macusani uranium project in particular depends on a new regulatory framework for uranium transport and export that remains pending.