Curated News
By: NewsRamp Editorial Staff
May 14, 2026
LIG Assets Updates on Florida Calcium Mine Valuation via SK-1300
TLDR
- LIG Assets (LIGA) seeks updated SK-1300 report to potentially reveal higher valuation for its $400M calcium mine.
- LIG Assets works with consultants to prepare an SK-1300 technical report validating mineral reserves and economic potential.
- LIG Assets aims to strengthen its financial position through responsible mining and land reclamation, benefiting local communities.
- Calcium carbonate from the mine is used in agriculture, infrastructure, and specialty products, with demand rising since 2009.
Impact - Why it Matters
This news matters because it signals a potential revaluation of LIG Assets' calcium mining assets, which could significantly impact the company's stock value and investor returns. The SK-1300 technical report may provide critical transparency and validation, helping shareholders and potential investors assess the true worth of the mine amid rising market prices and demand for calcium products. If the updated valuation surpasses the earlier $400 million estimate, it could unlock substantial shareholder value and position LIG Assets for growth in mining and related sectors.
Summary
LIG Assets, Inc. (OTCQB: LIGA) has provided an operational update on its calcium mining interests in Marianna, Florida, and its efforts to validate and enhance the value of its mining assets. The company is working with industry professionals to prepare a potential SEC Regulation S-K Subpart 1300 technical report summary (SK-1300), aimed at defining and validating mineral resources, reserves, operational potential, and overall economic value of its calcium carbonate mining assets. A prior 2009 appraisal estimated the reserves at approximately $400 million, with calcium products valued at $8.50 per ton. Since then, market prices, industrial demand, and specialty calcium opportunities have significantly increased, leading management to believe the mine's valuation has greatly appreciated. The modern SK-1300 report is expected to provide updated reserve validation and transparency, though no assurances are given on outcomes.
Beyond technical work, the company is evaluating strategic transactions and operational opportunities to strengthen its revenue base and long-term financial position. Management emphasized a focus on building long-term shareholder value through asset development and disciplined growth. LIG Assets continues to pursue opportunities in mining, land reclamation, environmental technologies, and resource-related operations. The company will update shareholders as milestones, acquisitions, and technical reports become available. The press release includes forward-looking statements subject to risks and uncertainties. For more details, visit the original release on NEWMEDIAWIRE.
Source Statement
This curated news summary relied on content disributed by NewMediaWire. Read the original source here, LIG Assets Updates on Florida Calcium Mine Valuation via SK-1300
