Mineral resource estimation

Mandalay Resources Corporation Announces Filing of Annual Information Form and Updated NI 43-101 Technical Report for its Costerfield Operation

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces that it has filed its Annual Information Form ("AIF") for the year ended December 31, 2023.

Key Points: 
  • TORONTO, March 28, 2024 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces that it has filed its Annual Information Form ("AIF") for the year ended December 31, 2023.
  • The AIF can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.mandalayresources.com .
  • Mandalay has also filed an updated National Instrument 43-101 compliant Technical Report ("NI 43-101") in respect of Costerfield gold-antimony mine in Australia.
  • The Technical Report can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.mandalayresources.com .

Mandalay Resources Corporation Announces Filing of Annual Information Form and Updated NI 43-101 Technical Report for its Costerfield Operation

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces that it has filed its Annual Information Form ("AIF") for the year ended December 31, 2023.

Key Points: 
  • TORONTO, March 28, 2024 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announces that it has filed its Annual Information Form ("AIF") for the year ended December 31, 2023.
  • The AIF can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.mandalayresources.com .
  • Mandalay has also filed an updated National Instrument 43-101 compliant Technical Report ("NI 43-101") in respect of Costerfield gold-antimony mine in Australia.
  • The Technical Report can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.mandalayresources.com .

Multiple New Breakthrough Achievements for Kharmagtai Discovery Drilling

Retrieved on: 
Thursday, November 16, 2023

New discovery drilling intersects mineralisation across multiple largely unexplored porphyry clusters, including high-density stockwork, breccia and gold only mineralisation.

Key Points: 
  • New discovery drilling intersects mineralisation across multiple largely unexplored porphyry clusters, including high-density stockwork, breccia and gold only mineralisation.
  • Shallow drilling at Cluster 2 extends mineralisation 800m along strike from the current MRE limit.
  • Extensive discovery drilling continues with regular news flow to continue throughout 2023, focussed on extensions to known deposits and new porphyry copper gold systems.
  • As drilling progresses, we look forward to providing additional updates advancing our important exploration activities at our flagship Kharmagtai Project.”

Lifezone Metals Announces Significant Mineral Resource Update for its Kabanga Nickel Project in Tanzania

Retrieved on: 
Thursday, December 7, 2023

Figure 3: Kabanga Nickel Project Mineral Resource Update shown by zones on an attributable to Lifezone Metals basis.

Key Points: 
  • Figure 3: Kabanga Nickel Project Mineral Resource Update shown by zones on an attributable to Lifezone Metals basis.
  • Overall Measured and Indicated Mineral Resources have increased by 69% and Inferred Mineral Resources have increased 20% at the Kabanga Nickel Project when compared to the previous February 2023 Mineral Resource Estimate.
  • The Mineral Resource cut-off grade has remained unchanged at 0.58% nickel-equivalent, which allows for a direct comparison between the February 2023 Mineral Resource Estimate and the November 2023 Mineral Resource Update.
  • Figure 6: Significant additions made at the Tembo Zone between the February 2023 Mineral Resource Estimate and the November 2023 Mineral Resource Update.

Lomiko Announces Private Placement of Units and Retirement of Executive Chair

Retrieved on: 
Thursday, November 23, 2023

Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the launch of a private placement (the "Private Placement") to support the Company's progress with its graphite and lithium projects in Quebec, Canada.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the launch of a private placement (the "Private Placement") to support the Company's progress with its graphite and lithium projects in Quebec, Canada.
  • The Private Placement will consist of hard dollar units for gross proceeds of up to $500,000.
  • Pursuant to the Offering, the Company may issue up to 16,666,666 units (the "Units") of the Company at a price of $0.03 per unit.
  • Paul Gill will continue to serve as Executive Chair until the Company’s Annual and Special Meeting on December 20, 2023.

Hot Chili Materially Improves Option Terms for Costa Fuego Coastal Copper Hub in Chile

Retrieved on: 
Thursday, December 7, 2023

Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.

Key Points: 
  • Disclosure regarding mine planning and infrastructure has been reviewed and approved by Mr Grant King, FAUSIMM, Hot Chili's Chief Operations Officer, and a qualified person within the meaning of NI 43-101.
  • Refer to ASX Announcement "Hot Chili Delivers Next Level of Growth" ("Resource Announcement") for JORC Code Table 1 information related to the Costa Fuego Resource Estimate (MRE) by Competent Person Elizabeth Haren, constituting the MREs of Cortadera, Productora and San Antonio (which combine to form Costa Fuego).
  • Hot Chili confirms it is not aware of any new information or data that materially affects the information included in the Resource Announcement and all material assumptions and technical parameters stated for the Mineral Resource Estimates in the Resource Announcement continue to apply and have not materially changed.
  • 10 Hot Chili Limited is not aware of political, environmental or other risks that could materially affect the potential development of the Mineral Resources.

Plutonic and Trident Mineral Resource & Ore Reserve Update

Retrieved on: 
Wednesday, December 6, 2023

The combination of the two is responsible for the improved operating performance of the mine

Key Points: 
  • The combination of the two is responsible for the improved operating performance of the mine
    PERTH, Australia, Dec. 6, 2023 /PRNewswire/ - Australian gold producer, Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to provide an updated Mineral Resource & Ore Reserve statement for its Plutonic Gold Mine, and an updated Mineral Resource for the Trident deposit.
  • The Mineral Resource & Ore Reserve sit within the existing mining footprint and do not include virgin zones.
  • The previously reported NI 43-101 Ore Reserves and Mineral Resources for the Plutonic Operations included satellite deposits such as Plutonic East, Plutonic West, Hermes and Perch.
  • The previously reported Plutonic Main open pit Mineral Resources have now been incorporated into the Plutonic underground Mineral Resource inventory.

In Excess of 5.4 Million Indicated Tonnes Grading 1.05 % NiEq and 1.8 Million Inferred Tonnes Grading 1.35 % NiEq

Retrieved on: 
Wednesday, November 29, 2023

These mineral resources are not mineral reserves as they do not have demonstrated economic viability.

Key Points: 
  • These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
  • The constraining pit shell was developed using overall pit slopes of 45 degrees in bedrock and 25 degrees in overburden.
  • The reader is cautioned that the numbers presented in the following tables should not be misconstrued with a mineral resource statement.
  • Table 2 - 2023 Nisk Project Mineral Resource Estimate – Sensitivity of the block model at various cut-off grades.

Orea Update on Renewal of Montagne d'Or Concessions; French Supreme Court Sends Ruling Back to Court of Appeals

Retrieved on: 
Wednesday, November 22, 2023

VANCOUVER, BC, Nov. 22, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) announces that the Supreme Court of France (Conseil d'État) has sent the ruling concerning the renewal of the Montagne d'Or mineral titles back to the Court of Appeals.

Key Points: 
  • VANCOUVER, BC, Nov. 22, 2023 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQB: OREAF) (FSE: 3CG) announces that the Supreme Court of France (Conseil d'État) has sent the ruling concerning the renewal of the Montagne d'Or mineral titles back to the Court of Appeals.
  • Orea and its legal advisors remain confident of a positive outcome for Orea and its shareholders, however the timeline of a conclusive ruling cannot be reasonably predicted.
  • In October 2021, Orea announced that the government exercised its right to request a final appeal to the Supreme Court of France.
  • The request was admitted in October 2022, and the Supreme Court made a recent ruling as outlined above.

First Mining Announces Third Quarter 2023 Financial Results and Operating Highlights

Retrieved on: 
Monday, November 13, 2023

VANCOUVER, BC, Nov. 13, 2023 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) reports its third quarter 2023 results for the quarter ended September 30, 2023.

Key Points: 
  • VANCOUVER, BC, Nov. 13, 2023 /PRNewswire/ - First Mining Gold Corp. ("First Mining" or the "Company") (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) reports its third quarter 2023 results for the quarter ended September 30, 2023.
  • "We are pleased to announce a successful Q3 at First Mining," stated Dan Wilton, CEO of First Mining.
  • "During the quarter, our key achievement was the announcement of a positive PEA at our Duparquet Gold Project in Quebec in less than one year of consolidating ownership.
  • As we enter Q4, First Mining announced an equity financing where proceeds will be used to continue advancing our flagship assets at Springpole and Duparquet."