Copper

Globex Acquires Gold Silver Exploration Target in Nevada, USA

Retrieved on: 
Wednesday, February 28, 2024

Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.

Key Points: 
  • Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.
  • In the early 1980’s the Crescent Mining Ltd. exploited the Rest Mine and extracted gold via a heap leach operation.
  • Initial historic mining and exploration at the Red Star vein system dates back to the period 1907-1914.
  • Obtained gold values above 10 ppm and silver above100 ppm were re-analyzed via fire assay of a 30 g subsample and gravimetric determination.

Osisko Metals Establishes a Technical Consultation Committee to Develop the Pit Dewatering Plan for Gaspé Copper

Retrieved on: 
Tuesday, February 27, 2024

MONTREAL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce the creation of a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper open pit at Gaspé Copper, located close to Murdochville in the Gaspé region of Quebec.

Key Points: 
  • MONTREAL, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Osisko Metals Incorporated (the "Company" or "Osisko Metals") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) is pleased to announce the creation of a technical consultation committee to assist in developing a plan for the dewatering of the Mount Copper open pit at Gaspé Copper, located close to Murdochville in the Gaspé region of Quebec.
  • The committee is led by Osisko Metals’ newly-hired VP Environment and Sustainable Development, Dr. Ann Lamontagne (see below).
  • Since closure and remediation of the former Gaspé Copper mine site, the Mount Copper open pit has flooded.
  • Following ongoing environmental and engineering studies, Osisko Metals will elaborate a plan in collaboration with the committee and will then go through necessary steps to obtain permits from government authorities.

Marimaca to Present at the BMO 2024 Global Metals, Mining and Critical Minerals Conference – Live Webinar

Retrieved on: 
Tuesday, February 27, 2024

For further information please visit www.marimaca.com or contact:

Key Points: 
  • For further information please visit www.marimaca.com or contact:
    This news release includes certain “forward-looking statements” under applicable Canadian securities legislation.
  • 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.
  • Readers should not place undue reliance on forward-looking statements.
  • Neither the TSX nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.

EnviroGold Global Announces Positive Initial Test Results with a Second Major Global Metal Production Company

Retrieved on: 
Tuesday, February 27, 2024

TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), develops and owns clean technology working to quickly supply society’s need for low carbon economy metals from mine waste, is pleased to announce the successful completion of initial test work for its Smelter By-Product Project with a major global metal production company.

Key Points: 
  • TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold Global” or the “Company”), develops and owns clean technology working to quickly supply society’s need for low carbon economy metals from mine waste, is pleased to announce the successful completion of initial test work for its Smelter By-Product Project with a major global metal production company.
  • The initial test work, conducted by our inhouse team of experts, in conjunction with Brisbane Metallurgical Laboratories in Brisbane, Australia, focused on optimizing copper, silver, lead, zinc, and iron recovery from the smelter by-product, which results from previous metal processing operations.
  • The test results confirmed excellent liberation of critical and precious metals using EnviroGold Global’s proprietary hydrometallurgical process (NVRO process) and support moving to phase 2 testing.
  • The company is pleased to report the initial test results on a leach of the smelter by-product showed a strong oxidation rate and recovered very high levels of metals.

McEwen Copper: Update on Assay Results at Los Azules

Retrieved on: 
Monday, February 26, 2024

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 47.7% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce assay results from the final unreleased drill holes of the last season (2022-2023). The results from this period not only validate previous drilling results but also confirm the continuity of mineralization and extend the mineralization.

Key Points: 
  • Below the Enriched zone, the Primary (or Hypogene) zone is formed by ascending copper-rich thermal fluids, originating from a much deeper magmatic source.
  • The green line indicates the pit floor of the 30-year pit shell from the 2023 NI 43-101 Preliminary Economic Assessment (PEA).
  • Results are monitored as final certificates are received, and any re-assay requests are sent back immediately.
  • In addition, the laboratory performs its own internal QAQC checks, with results made available on certificates for Company review.

Trailbreaker Resources Expands Land Package and Receives Drill Permit for Liberty Copper Property

Retrieved on: 
Monday, February 26, 2024

In addition, an existing drilling permit for the Liberty property has been transferred to Trailbreaker.

Key Points: 
  • In addition, an existing drilling permit for the Liberty property has been transferred to Trailbreaker.
  • The permit allows Trailbreaker to conduct a first-pass drilling program to test the Liberty Cu-Mo porphyry target.
  • Trailbreaker has initiated a “Request For Proposal” process with drill contractors to conduct a drilling program at Liberty in spring, 2024.
  • The existing permit will strategically allow us to drill-test the Cu-Mo porphyry target while also advancing additional targets across the property.

Eldorado Announces 2024 Detailed Production & Cost Guidance; Provides Four-Year Growth Profile

Retrieved on: 
Thursday, February 22, 2024

Gold production in 2024 is expected to be between 505,000 to 555,000 ounces, a 9% increase from 2023 gold production (based on the mid-point of the range).

Key Points: 
  • Gold production in 2024 is expected to be between 505,000 to 555,000 ounces, a 9% increase from 2023 gold production (based on the mid-point of the range).
  • Exploration and evaluation expenses are expected to be $27 to $30 million in 2024, with 65% expensed, and 35% capitalized.
  • In 2024, production guidance of 175,000 to 190,000 ounces at the Lamaque Complex is consistent with the previously guided range of 180,000 to 190,000 ounces.
  • Gold production of 675,000 to 735,000 ounces by 2027, resulting in growth of 45% over the four-year period from 2023 production and a compound annual growth rate of over 9%.

+Live+, Barenaked Ladies to headline 2024 Brookhaven Cherry Blossom Festival

Retrieved on: 
Thursday, February 22, 2024

BROOKHAVEN, Ga., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The City of Brookhaven is thrilled to announce music acts +Live+ and Barenaked Ladies as the concert headliners for the 2024 Brookhaven Cherry Blossom Festival, taking place Saturday and Sunday, March 23-24, at Blackburn Park, 3493 Ashford Dunwoody Road in Brookhaven.

Key Points: 
  • BROOKHAVEN, Ga., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The City of Brookhaven is thrilled to announce music acts +Live+ and Barenaked Ladies as the concert headliners for the 2024 Brookhaven Cherry Blossom Festival, taking place Saturday and Sunday, March 23-24, at Blackburn Park, 3493 Ashford Dunwoody Road in Brookhaven.
  • “Once again the Brookhaven Cherry Blossom Festival proves why it’s one of the biggest concert events in the state,” says former Brookhaven Mayor John Ernst, who remains involved with the festival.
  • The Brookhaven Cherry Blossom 5K will take place on Saturday, March 16.
  • For more information about the Brookhaven Cherry Blossom Festival, visit BrookHavenGA.gov/Festival , and Facebook, Instagram, and Twitter at @BrookCherryFest.

McEwen Copper Reports Improved Copper Recovery

Retrieved on: 
Thursday, February 22, 2024

The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.

Key Points: 
  • The test results were produced utilizing conventional bio-heap leaching technology and generated an average copper recovery of 76.0%.
  • The recovery results for the residual copper (CuRES) component shown in Figure 2 indicated an average recovery of 25%, an increase of 10% from the 15% preliminary recovery assumption used in the PEA.
  • The additional residual copper recovery when applied to the entire resource increases the overall average recovery from 72.8% to 76.0%.
  • Figure 3 below illustrates the increase in potential copper production throughout the mine life, attributable to the improved recovery, in comparison with the PEA assumptions.

Imperial Provides Red Chris Update

Retrieved on: 
Thursday, February 22, 2024

VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports that Newmont Corporation (Newmont) has updated its mineral reserves and resources estimates for the Red Chris project.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports that Newmont Corporation (Newmont) has updated its mineral reserves and resources estimates for the Red Chris project.
  • When the East Ridge drill results, and associated technical study has been completed, Imperial expects the Red Chris mineral resource to increase.
  • Imperial will update its mineral reserve and resource statement for Red Chris at the time that study is issued.
  • Newmont’s guidance for Red Chris mine production (100%) for 2024 is 85 million pounds of copper and 57 thousand ounces of gold.