Giyani Metals to advance DFS for K.Hill project with new IDC funding

Giyani Metals Corp (TSX-V:EMM, OTC:CATPF, FRA:KT9) interim executive chair Nigel Robinson talked with Proactive's Stephen Gunnion about recent additional funding secured from the Industrial Development Corporation (IDC) and what it means for the company’s development plans. Robinson explained that the IDC is a key stakeholder, having invested approximately $23 million as part of a broader $37 million funding package in early 2024. This latest extension of funding is being used to support further work at the company’s demonstration plant, which plays a critical role in refining process flows and improving operational understanding ahead of commercial production. He said the funding allows the company to “extend the life of the demonstration plant, do more testing, provide more product, and also… get more knowledge about the processes that will incorporate into the actual commercial plant.” The demonstration plant is central to de-risking the project, enabling Giyani to move beyond lab and pilot stages and validate its processes at a larger scale. Robinson also noted that insights from the demonstration plant are feeding directly into the definitive feasibility study (DFS), which has now shifted slightly from an initial Q1 target into Q2. He emphasised that this delay is minor and reflects the integration of improved technical data. The company is also preparing for future pre-construction funding as it moves toward a final investment decision, with ongoing discussions underway with the IDC. For more videos like this, visit Proactive's YouTube channel, like the video, subscribe to the channel, and enable notifications for future content. #GiyaniMetals #MiningNews #BatteryMaterials #IDC #FeasibilityStudy #ProjectDevelopment #ChemicalEngineering #EnergyTransition #MiningInvestment #ProactiveInvestors