other material
confidence high
sentiment neutral
materiality 0.55
American Clean Resources enters joint exploration deal for Nevada integrated energy/critical minerals campus
American Clean Resources Group, Inc.
- Joint Exploration and Development Agreement signed with TRG Holdings, LLC effective June 9, 2026, for Millers Hub property in Esmeralda County, Nevada.
- Scope includes geothermal assessment, Solar Energy Zone designation, BLM leasing, and commercial scoping of an integrated energy, minerals, and data center campus.
- Initial term of 18 months with mutual exclusivity within defined area; parties share approved third-party joint work costs.
- Agreement does not form an operating joint venture, transfer property or mineral rights, nor commit capital beyond the agreed joint work budget.
- ACE (ACRG's controlling JV with Phoenix New Era) expected to assist in energy offtake and data center integration for any definitive deal.