(All amounts expressed in US dollars, unless otherwise stated)
VANCOUVER, British Columbia, Aug. 17, 2021 (GLOBE NEWSWIRE) —(the “Company” or “Atico”) ( | OTC: ATCMF) today announced its financial results for the three months ended June 30, 2021 (“Q2-2021”), posting income from mining operations of $4.9 million and a net income of $0.6 million.
Fernando E. Ganoza, CEO and Director, commented, “Similarly to the previous quarter, the challenging situation in country and severe weather conditions resulted in operational setbacks, a slight loss of production and an increase in cash cost. The costs were partially mitigated by higher realized metal prices leading to a cash margin of $3.23 per pound of payable copper. Despite these challenges, the Company closed the quarter showing a strong cash position of $16.6 million along with $5.5 million in trade receivables and a reduction of approximately $8 million in current liabilities over the previous quarter.” Mr. Ganoza continued, “We anticipate that we will be able to make up for the lost production in the second half of the year to meet the annual guidance and take full advantage of the higher metal price environment.”
Second Quarter Financial Highlights
- Net income for the three months ended June 30, 2021 (“Q2-2021”) amounted to $0.6 million, compared with $1.2 million for the comparative period (“Q2-2020”). Net income was affected by foreign exchange loss, higher production costs, and a decrease in concentrate sold, partially offset by a higher realized copper price, as compared to Q2-2020.
- Sales for the period increased 5% to $13.4 million when compared with $12.8 million in Q2-2020. Copper (“Cu”) and gold (“Au”) accounted for 93% and 7% of the 7,812 (Q2-2020 – 9,014) dry metric tonnes (“DMT”) shipped and invoiced during Q2-2021. The average realized price per metal on invoicing was $4.50 (Q2-2020 – $2.60) per pound (“lbs”) of copper and $1,878 (Q2-2020 – $1,726) per ounce (“oz”) of gold.
- Working capital was $23.3 million (December 31, 2020 – $22.5 million), while the Company had $6.4 million (December 31, 2020 – $6.8 million) in long-term loans payable
- Cash costs(1) were $118.24 per tonne of processed ore and $1.27 per pound of payable copper produced(2), which were increases of 26% and 37% over Q2-2020, respectively. The increase in the cash cost per pound of payable copper net of by products is mainly explained by a 10% decrease in payable copper produced and increases in onsite costs per tonne processed.
- Cash margin(1)(2) was $3.23 (Q2-2020 – $1.67) per pound of payable copper produced, which was an increase of 93% over Q2-2020.
- All-in sustaining cash cost per payable pound of copper produced(1)(2) was $2.10 (Q2-2020 – $1.34).
Second Quarter Summary of Financial Results
|Cost of sales||(8,505,352)||(8,715,230)||-2%|
|Income from mining operations||4,929,783||4,111,007||20%|
|As a % of revenue||37%||32%||14%|
|General and administrative expenses||1,022,263||942,560||8%|
|Income from operations||3,681,062||3,017,827||22%|
|As a % of revenue||27%||24%||16%|
|Income before income taxes||1,189,241||1,990,634||-40%|
|As a % of revenue||4%||9%||-61%|
|Operating cash flow before changes in non-cash operating working capital items(1)||$||5,904,080||$||7,247,448||-19%|
Second Quarter Operational Review
In Q2-2021, the Company produced 4.46 million lbs of copper, 2,732 oz of gold, and 10,104 oz of silver. When compared to same period in 2020, production decreased by 10% for copper and no change for gold. The decrease for copper is mostly explained by 5% decrease in processed ore and head grade.
Cash costs(1) for the period were $118.24 per tonne of processed ore, and $1.27 per pound of payable copper produced, increases of 26% and 37% over Q2-2020, respectively. All-in sustaining cash cost per payable pound of copper produced(1)(2) was $2.10.
Second Quarter Operational Details
|Production (Contained metals)(3)|
|Copper (000s lbs)||4,462||4,956||-10%|
|Tonnes of material mined||71,436||76,825||-7%|
|Tonnes processed per day||892||877||-1%|
|Copper grade (%)||3.21||3.38||-5%|
|Gold grade (g/t)||2.01||2.02||-1%|
|Silver grade (g/t)||8.50||9.10||-7%|
|Copper Concentrates (DMT)||10,002||10,828||-8%|
|Payable copper produced (000s lbs)||4,239||4,708||-10%|
|Cash cost per pound of payable copper ($/lbs)(1)(2)||1.27||0.93||37%|
The financial statements and MD&A are available on SEDAR and have also been posted on the company’s website at http://www.aticomining.com/s/FinancialStatements.asp
El Roble Mine
The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tonnes per day, located in the Department of Choco in Colombia. Its commercial product is a copper-gold concentrate. Since obtaining control of the mine on November 22, 2013, Atico has upgraded the operation from a historical nominal capacity of 400 tonnes per day.
El Roble has Proven and Probable reserves of 1.47 million tonnes grading 3.40% copper and 1.88 g/t gold, at a cut-off grade of 1.93% copper equivalent as of June 30, 2018. Mineralization is open at depth and along strike and the Company plans to further test the limits of the deposit.
On the larger land package, the Company has identified a prospective stratigraphic contact between volcanic rocks and black and grey pelagic sediments and cherts that has been traced by Atico geologists for ten kilometers. This contact has been determined to be an important control on volcanogenic massive sulfide (“VMS”) mineralization on which Atico has identified numerous target areas prospective for VMS type mineralization occurrence, which is the focus of the current surface drill program at El Roble.
La Plata Overview
The La Plata project is a gold rich volcanogenic massive sulphide deposit that was the subject of small-scale mining from 1975-1981 by Outokumpu Finland. The project benefits from a modern drill and exploration database which was completed by Cambior Inc. from 1996-1999, Cornerstone Capital from 2006-2009 and Toachi from 2016-2019. In total, there is drill core and logs from more than 28,300 metres of drilling.
Historic resources based on drilling by Cambior and Cornerstone were estimated at 913,977 tonnes grading 8.01 grams gold per tonne, 88.3 grams silver per tonne, 5.01% copper, 6.71% zinc and 0.78% lead per tonne in the inferred category. More recently, Toachi Mining completed a PEA estimating an inferred resource of 1.85 million tonnes grading 4.10 grams gold per tonne, 50.0 grams silver per tonne, 3.30% copper, 4.60% zinc and 0.60% lead per tonne.
The La Plata project consists of two concessions covering a total area of 2,300 hectares along its 4-kilometer length, which contains known mineralization in two VMS lenses and nine priority exploration targets.
The Company has a binding option agreement with a private Ecuadorean company to earn up to 75% in the La Plata project, of which the first option to acquire the initial 60% ownership has been exercised. Please refer to the Company’s MD&A for the year ended December 31, 2020 for further details.
Mr. Thomas Kelly (SME Registered Member 1696580), advisor to the Company and a qualified person under National Instrument 43-101 standards, is responsible for ensuring that the technical information contained in this news release is an accurate summary of the original reports and data provided to or developed by Atico.
Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company operates the El Roble mine and is pursuing additional acquisition opportunities. For more information, please visit www.aticomining.com.
ON BEHALF OF THE BOARD
Fernando E. Ganoza
Trading symbols:| OTC: ATCMF
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and may not be offered or sold in the United States, or to, or for the account or benefit of, a “U.S. person” (as defined in Regulation S of the U.S. Securities Act) unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.
Cautionary Note Regarding Forward Looking Statements
This announcement includes certain “forward-looking statements” within the meaning of Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation the use of net proceeds, are forward-looking statements. Forward- looking statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs; the need to obtain additional financing to maintain its interest in and/or explore and develop the Company’s mineral projects; uncertainty of meeting anticipated program milestones for the Company’s mineral projects; the world-wide economic and social impact of COVID-19 is managed and the duration and extent of the coronavirus pandemic is minimized or not long-term; disruptions related to the COVID-19 pandemic or other health and safety issues, or the responses of governments, communities, the Company and others to such pandemic or other issues; and other risks and uncertainties disclosed under the heading “Risk Factors” in the prospectus of the Company dated March 2, 2012 filed with the Canadian securities regulatory authorities on the SEDAR website at www.sedar.com
Non-GAAP Financial Measures
The items marked with a “(1)” are alternative performance measures and readers should refer to Non-GAAP Financial Measures in the Company’s Management’s Discussion and Analysis for the six months ended June 30, 2021 as filed on SEDAR and as available on the Company’s website for further details.
(1) Alternative performance measures; please refer to “Non-GAAP Financial Measures” at the end of this release.
(2) Net of by-product credits
(3) Subject to adjustments on final settlement
Rockhaven Resources: Advancing Toward Production, CEO Clip Video
Vancouver, British Columbia–(Newsfile Corp. – January 21, 2022) – Rockhaven Resources Ltd. (TSXV: RK) – Matt Turner, President & CEO, gives his insight…
Vancouver, British Columbia–(Newsfile Corp. – January 21, 2022) –( ) – Matt Turner, President & CEO, gives his insight on the company’s Klaza Project.
If you cannot view the video above, please visit:
will be featured on CEO Clips broadcast on BNN Bloomberg on Jan 22nd & Jan 23rd, 2022.
About CEO Clips:
CEO Clips is the largest library of publicly traded company CEO videos in Canada and the US. These 90 second video profiles broadcast on national TV and online via 12 financial sites including: Thomson Reuters, Bloomberg, Yahoo! Finance and Stockhouse.com.
BTV – Business Television/CEO Clips
Discover Companies to Invest in
Contact: Trina Schlingmann (604) 664-7401 x 5 [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111072
Kibali Delivers Another Stellar Performance and Expects to Grow Its Mineral Reserves Net of Depletion
All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 21, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)…
All amounts expressed in US dollars
KINSHASA, Democratic Republic of Congo, Jan. 21, 2022 (GLOBE NEWSWIRE) —(NYSE:GOLD) ( ) – The Kibali gold mine produced a total of 812,152 ounces1, well within guidance for 2021, and expects to increase its mineral reserves net of depletion for the third successive year, maintaining its plus 10-year life as one of ’s Tier One2 assets.
At a media briefing here, Barrick president and chief executive Mark Bristow noted that this performance, which grew steadily stronger during the year, was achieved with no lost time injuries during the last quarter. Like all Barrick’s mines worldwide, Kibali retained its ISO 45001 safety and ISO 14001 environmental accreditations.
At the same time, Kibali continued to lead the group’s clean energy drive with power sourced from its three continuously upgraded hydropower stations supported by new back-up battery technology.
“Kibali’s performance was supported by reinforced Covid-19 protocols to deal with the fourth wave of the virus. The mine worked closely with the DRC’s health authorities and the provincial government to source vaccines and to date has partially vaccinated 60% of its workforce, with 43% of the workforce fully vaccinated,” Bristow said.
“It also strengthened its local business partnerships to build a sustainable economy in the region. During Q4 it spent $40.6 million with local contractors and suppliers, bringing the total since the start of Kibali to $2.1 billion. To date, Kibali has invested some $3.7 billion in the DRC in the form of taxes, permits, infrastructure, salaries and payments to local partners.”
During the fourth quarter Kibali paid a dividend of $170 million to shareholders of Barrick, AngloGold Ashanti and government parastatal, SOKIMO, bringing the total distribution for the year to $200 million. Bristow said Barrick and the Congolese authorities were working together on a program to release cash for the repayment of offshore loans.
During the quarter Kibali launched the Garamba Alliance, a biodiversity partnership with the US Agency for International Development (USAID) designed to preserve this World Heritage park through anti-poaching actions and other conservation initiatives. This partnership is also designed to secure a sustainable economic future for the local community surrounding the park.
Looking ahead, Bristow said underground drilling at the KCD orebody was defining a new high-grade lode above the base of the shaft infrastructure. This was an exciting discovery which could add an entirely new orebody to the existing KCD series of orebodies.
President and CEO
+1 647 205 7694
+44 788 071 1386
COO, Africa and Middle East
+44 779 557 5271
DRC country manager
+243 812 532 441
Investor and Media Relations
Kathy du Plessis
+44 20 7557 7738
Email: [email protected]
On a 100% basis.
A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve.
Cautionary Statement on Forward-Looking Information
Certain information contained or incorporated by reference in this press release, including any information as to our strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of historical fact, are forward-looking statements. The words “expect”, “will”, “maintain”, “potential”, “could”, “guidance”, “opportunities”, “design” and similar expressions identify forward-looking statements. In particular, this press release contains forward-looking statements including, without limitation, with respect to: Kibali’s production guidance and performance; opportunities to grow reserves net of depletion and extend Kibali’s mine life; securing Kibali’s status as Tier One mine; the anticipated environmental and operational benefits from Kibali’s investment in its hydropower stations and battery technology; Kibali’s health, safety and environmental protection programs, including its Covid-19 prevention protocols and initiatives to secure Covid-19 vaccines as well as the Garamba Alliance; the results of underground drilling at the KCD orebody and the definition of a new high-grade lode; Barrick’s engagement with Congolese authorities on a program to release cash in the DRC for the repayment of offshore loans; and Barrick’s commitment to the DRC and potential further growth opportunities.
Forward-looking statements are necessarily based upon a number of estimates and assumptions including material estimates and assumptions related to the factors set forth below that, while considered reasonable by the Company as at the date of this press release in light of management’s experience and perception of current conditions and expected developments, are inherently subject to significant business, economic, and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements, and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: fluctuations in the spot and forward price of gold, copper, or certain other commodities (such as silver, diesel fuel, natural gas, and electricity); the speculative nature of mineral exploration and development; changes in mineral production performance, exploitation, and exploration successes; the possibility that future exploration results will not be consistent with the Company’s expectations; risks that exploration data may be incomplete and considerable additional work may be required to complete further evaluation, including but not limited to drilling, engineering and socioeconomic studies and investment; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; risks associated with projects in the early stages of evaluation, and for which additional engineering and other analysis is required; failure to comply with environmental and health and safety laws and regulations; timing of receipt of, or failure to comply with, necessary permits and approvals; uncertainty whether some or all of Barrick’s targeted investments and projects will meet the Company’s capital allocation objectives and internal hurdle rate; changes in national and local government legislation, taxation, controls or regulations and/ or changes in the administration of laws, policies and practices, expropriation or nationalization of property and political or economic developments in the DRC and other jurisdictions in which the Company or its affiliates do or may carry on business in the future; damage to the Company’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Company’s handling of environmental matters or dealings with community groups, whether true or not; risks associated with new diseases, epidemics and pandemics, including the effects and potential effects of the global Covid-19 pandemic; litigation and legal and administrative proceedings; employee relations including loss of key employees; increased costs and physical risks, including extreme weather events and resource shortages, related to climate change; and availability and increased costs associated with mining inputs and labor. Barrick also cautions that its guidance may be impacted by the unprecedented business and social disruption caused by the spread of Covid-19. In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion, copper cathode or gold or copper concentrate losses (and the risk of inadequate insurance, or inability to obtain insurance, to cover these risks).
Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance. All of the forward-looking statements made in this press release are qualified by these cautionary statements. Specific reference is made to the most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities for a more detailed discussion of some of the factors underlying forward-looking statements and the risks that may affect Barrick’s ability to achieve the expectations set forth in the forward-looking statements contained in this press release.
Barrick disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.
High-Grade Assay Results at the Parnell-Vulture Trend
HIGHLIGHTS First phase of a 15,000 metre reverse circulation (“RC”) drilling program across shallow oxide mineralization on granted mining leases…
- First phase of a 15,000 metre reverse circulation (“RC”) drilling program across shallow oxide mineralization on granted mining leases at the Parnell-Vulture Trend was completed prior to the 2021 holiday period, with 83 holes drilled for a total of 5,200 metres
- PhotonAssay gold results from Parnell have been received, with significant assays including:
- 7 m at 7.75 g/t gold from 31 m in 21NU0198,
- 4 m at 10.19 g/t gold from 31 m in 21NU0196,
- 13 m at 2.51 g/t gold from 21 m in 21NU0156, and
- 8 m at 3.14 g/t gold from 4 m in 21NU0156
- Initial results received from Vulture include:
- 8 m at 10.02 g/t gold from 11 m in 21NU0216
- Further results from holes drilled prior to the holiday period will be released in coming weeks
- Drilling on the Parnell – Vulture trend is scheduled to recommence on January 24, 2022
The above results are not necessarily representative of mineralization throughout the Parnell-Vulture Trend. Refer to Table 1 for drill results for all holes drilled to date at Parnell – Vulture.
VANCOUVER, British Columbia, Jan. 21, 2022 (GLOBE NEWSWIRE) — figure 1). Parnell – Vulture is located some 45 kms from the Company’s Golden Eagle processing facility (“Golden Eagle Plant”) and is accessed by a robust, reliable haul road and associated infrastructure.(“Novo” or the “Company”) ( , NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to provide a drilling update for the Parnell-Vulture trend in Western Australia. The RC drilling planned at Parnell and Vulture is part of the Nullagine Gold Project (“NGP”) exploration program ramp-up, with forward programs currently being generated at several priority basement targets (
(Figure 1: Location map for NGP showing Novo tenure and priority prospects.)
Drilling completed before the holiday period comprised 83 RC holes for 5,200 metres (figure 4), drilled by experienced contractor Stark Drilling using a truck mounted Schramm 450. The initial program at Parnell focussed on every alternate planned drill line, in order to fast track strike coverage. The quick assay turnaround means that best drilling intersections can be followed up immediately whilst the remainder of the program is ongoing.
Parnell – Vulture covers a strike length of approximately 2 kms and contains a series of vein-hosted targets with historical drill intercepts including 9 m at 8.4 g/t gold from 7 m, 12 m at 14.6 g/t gold from 40 m and 7 m at 6.1 g/t gold from 40 m1. These results are not necessarily representative of mineralization throughout the district. Refer to Table 2 for drill results for all holes drilled to date at Parnell – Vulture.
Recent results for Parnell – Vulture, received via the Company’s priority arrangement with Intertek2, show similar width and grade tenor as historical drilling intersections, improving confidence in historical data and potential strike extent.
Most significant results are located around the historic workings at Parnell, including 4 m at 10.19 g/t gold in hole 21NU0196 (figure 2). The main target is a ~ 10m wide E-W to WNW trending shear variably intruded by porphyry. Mineralization dips moderately to steeply to the south (generally 70 degrees). Sandstone and interbedded siltstone-sandstone sequences adjacent to the main shear are extremely bleached in the weathering profile, indicating likely sericite alteration of the original rock. Alteration is up to 50 m wide. Several other dykes are present in the area, mainly sub-parallel to stratigraphy, including a 6 m thick dolerite dyke and a hornblende porphyritic gabbro.
Results show good continuity along strike (figure 3), and on section show numerous small but frequent high-grade shoot like components. Further infill and extensional drilling will be designed to test this area.
(Figure 2, section at Parnell showing 21NU0196 results in relation to the main shear zone)
Importantly a series of significant drill intersections are located approximately 550 m along strike to the north-west including 13 m at 2.51 g/t gold from 21 m in 21NU0156, and 8 m at 3.14 g/t gold from 4 m in 21NU0156 (figure 3). This shows the complexity of the system at Parnell and the scale potential of the system along strike.
In addition, the 6 m at 5.28 g/t gold from 29 m in 21NU0204 is located to the north of Parnell in one of the mapped vein swarms. The vein swarm was identified from rock sampling and anomalous results in historical drilling and was tested with a single line of drilling.
Assays received to date also included the first batch from Vulture, including 8 m at 10.02 g/t gold from 11 m in 21NU0216 drilled adjacent to a historical working and in an area of complex quartz veining. Historical results in this area are sparse, and include a best result of 12 m at 2.76 g/t. These results are not necessarily representative of mineralization throughout Vulture. All other results from Vulture are pending and are anticipated within the next three to four weeks.
(Figure 3: Map of historical and Novo significant intercepts at Parnell and Vulture prospect to date.)
(Figure 4: RC drilling status at Parnell and Vulture.)
Drilling was based on detailed mapping and targeted to be perpendicular to mineralization as much as practical. In some areas, the geology is complex and due to the explorative nature of the work, the true width of mineralization cannot yet be precisely determined.
RC samples from Parnell and Vulture were submitted to Intertek in Perth, Australia. Samples are crushed to -2 mm and RSD split into a single 500-gram jar for PhotonAssay. To test for gold variability and potential coarse gold effect, field duplicates and crushed duplicates were analysed. Standards and blanks are inserted in the sample sequence to test for lab performance.
There were no limitations to the verification process and all relevant data was verified by a qualified person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects by reviewing analytical procedures undertaken by the various laboratories. Dr. Quinton Hennigh (P. Geo.) is the qualified person responsible for, and having reviewed and approved, the technical information contained in this news release. Dr. Hennigh is the Non-Executive Co-Chairman and a director of Novo.
Novo operates its flagship Beatons Creek gold project while exploring and developing its prospective land package covering approximately 13,250 square kilometres in the Pilbara region of Western Australia. In addition to the Company’s primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders. For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail [email protected].
On Behalf of the Board of Directors,
Some statements in this news release contain forward-looking information (within the meaning of Canadian securities legislation) including, without limitation, that forward programs are currently being generated at several priority basement targets at the NGP, that further infill and extensional drilling will be designed to test the Parnell area, and that all other results from Vulture are anticipated within the next two weeks. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, without limitation, the actual time required by Intertek Laboratory to process samples, customary risks of the resource industry and the risk factors identified in Novo’s management’s discussion and analysis for the nine-month period ended September 30, 2021, which is available under Novo’s profile on SEDAR at www.sedar.com. Forward-looking statements speak only as of the date those statements are made. Except as required by applicable law, Novo assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward-looking statements. If Novo updates any forward-looking statement(s), no inference should be drawn that the Company will make additional updates with respect to those or other forward-looking statements.
Table 1, collar table of all holes drilled to date
|HOLE ID||COORDSYS||EASTING||NORTHING||HEIGHT||AZI GRID||DIP||TYPE||DEPTH||LEASE|
Table 2, Significant intercept table for all results from this phase of drilling with a gram * metre intersection greater than 1. The table is generated using a 0.5 g/t gold cut off and no more than two metre internal waste.
|HOLE ID||FROM||TO||Au ppm||WIDTH||GRAM*METRES|
Phoenix Gold at 52-Week High
AbraSilver Drills 61m at 2.71 g/t AuEq (190 g/t AgEq)
Stock Up 20.78% After Eskay Mining Drills 10.34 g/t AuEq over 11.93M at Consolidated Eskay
Filo Mining Reports 1,224m of 1.26% CuEq at Filo del Sol
The Top 3 Reasons Lithium Prices Could Accelerate Higher in 2022
Energy Metals Outlook 2022
Anaconda Mining Files The Positive Phase I Open Pit Feasibility Study For The Goldboro Gold Project
Inflation in the Crosshairs
Update on Joint Venture with Marvel Gold in Mali
Ucore Recaps its 2021 Rare Earth Supply Chain Groundwork Accomplishments and Outlines Direction for 2022
Economics3 hours ago
Investing Legend Turns Apocalyptic, Expects Stocks To Crater 50% In Largest Wealth Destruction In US History
Precious Metals3 hours ago
A Greener Trend for Mining
Energy & Critical Metals3 hours ago
The Top 3 Reasons Lithium Prices Could Accelerate Higher in 2022
Energy & Critical Metals22 hours ago
Rivian Stock Price Predictions: Where Will RIVN Go After Hitting New Lows?
Energy & Critical Metals26 mins ago
Without a Doubt, Lithium’s “White Gold” Label is Merited
Economics23 hours ago
Inflation in the Crosshairs
Economics24 hours ago
7 Overrated Stocks to Avoid Like the Plague
Economics3 hours ago
The World & Monetary Policy Has Split