Abitibi

Osisko Announces Q1 2024 Geo Deliveries and Select Asset Updates

Retrieved on: 
Monday, April 8, 2024
Odyssey, Mining, Copper, Australian Securities Exchange, Osisko Gold Royalties, Silver, SSRP, GEOS, SAG, Gold, Senate, Annual report, Corporation, ASX, Acquisition, Mineral, Refused, CSA, Abitibi, Agnico Eagle, Ventilation, NSR, Resource

In addition, Osisko is excited to provide some select asset updates.

Key Points: 
  • In addition, Osisko is excited to provide some select asset updates.
  • Osisko earned 22,259 attributable gold equivalent ounces1 (“GEOs”) in the first quarter of 2024.
  • Osisko owns a 2% NSR royalty on the Ermitaño project and the Cumobabi property, including the Luna and Soledad Zones.
  • Osisko provides notice of the first quarter 2024 results and conference and webcast call details.

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Batteries, Alternative Energy, EV, Electric Vehicles, Energy, Automotive, Technology, Mining, Minerals, Carbon, Quality control, Anchor, Innu, Investment, TYO, Inflation, General Motors, EVS, Minority, FID, Education, Benchmark Mineral Intelligence, United States Geological Survey, Graphite, CO2, Verified Carbon Standard, Safety, Workforce, Climate change, Acceleration, VCS, GHG, ESG, Regulation, Acquisition, Student, Annual report, Kilowatt-hour, NOU, NMG, Engineering, Health, Intel, Government, Abitibi, GM, Pressure, Growth, Unitary state, Environment, Bloomberg, Mineral, Multimedia

Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.

Key Points: 
  • Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.
  • NMG also signed a supply agreement with GM for 18,000 tpa of active anode material for an initial term of six years.
  • The Company maintains intensive commercial discussions and continued product qualification with other tier-1 battery manufacturers for the balance of its Phase-2 production.
  • Such measures reaffirm the importance of establishing a local, resilient, and ESG-compliant supply chain of graphite to support battery and EV production.

O3 Mining Initiates Drilling At The Ludovick Sector, Horizon Project

Retrieved on: 
Wednesday, March 13, 2024
QA/QC, Abitibi, Horizon, Blake River Megacaldera Complex, Corporation, Formation, Gold, News, Horizon Project, Eagle, OIII, Oil

O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "This exploration program at the Ludovick Sector in the Horizon Project represents an opportunity to follow up on historic auriferous drill intercepts along a six kilometres long segment of the Parfouru Fault corridor.

Key Points: 
  • O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "This exploration program at the Ludovick Sector in the Horizon Project represents an opportunity to follow up on historic auriferous drill intercepts along a six kilometres long segment of the Parfouru Fault corridor.
  • Evidence of mineralization within the sedimentary basin clearly opens up promising exploration potential within the sector, beyond the Ludovick zone.
  • There has been minimal historical drilling conducted along the 6 km stretch of the Parfouru fault corridor contained within the Horizon property thus offering distinct exploration potential.
  • (OGQ #993), Principal Geologist of O3 Mining, who is a "qualified person" within the meaning of NI 43-101.

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

Retrieved on: 
Thursday, February 22, 2024
Total, Copper, Sigma, Zinc, MD, Growth, C6, Technical report, Plant, Kinetics, Triangle, Gold, Lead, Public expenditure, Montgolfier brothers, C7, Abitibi, Silver, Negotiation, AISC, Uranium mining

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%.

Callinex Announces Preliminary Magnetotelluric (MT) Geophysical Survey Results at the Pine Bay Project, Flin Flon Mining District, MB

Retrieved on: 
Monday, March 4, 2024
Rainbow, CNX, Copper, Project, Lens, See, News, Odin, Gold, VMS, National instrument, National Instrument 43-101, Abitibi, Flin Flon greenstone belt, Alchemy, Silver, Descendant, The Company, Nose, Partnership

VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce preliminary results from the recently announced magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).

Key Points: 
  • VANCOUVER, BC, March 4, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce preliminary results from the recently announced magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( See news release dated January 29, 2024 ).
  • The Company has received preliminary results from the MT survey over the Pine Bay where a 1km line of MT data has been collected and processed ( Pine Bay Project Plan View with Proposed MT Survey Lines ).
  • Preliminary results from the MT survey have, to date, tightly defined the known Pine Bay deposit as well as the known Pine Bay horizon/structure that hosts the mineralization ( Preliminary Pine Bay MT Survey Data ).
  • The survey will cover 3km over each of the respective areas instead of the originally planned 1km survey lines.

Callinex Announces Magnetotelluric (MT) Geophysical Survey at the Pine Bay Project, Flin Flon Mining District, MB

Retrieved on: 
Monday, January 29, 2024
CNX, See, Flin Flon greenstone belt, The Company, Partnership, Alchemy, Silver, Gold, Odin, Nose, Water, Project, Copper, Descendant, VMS, National Instrument 43-101, Lens, National instrument, News, Abitibi, Mining

VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company is in the process of completing a magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( Pine Bay Project Plan View with Proposed MT Survey Lines ).

Key Points: 
  • VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company is in the process of completing a magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( Pine Bay Project Plan View with Proposed MT Survey Lines ).
  • The Company is in the early stages of completing an MT survey across the Rainbow, Pine Bay, Descendent, Alchemist deposits and target area Odin.
  • The first line of MT survey data has been collected across the known Pine Bay deposit and will soon be processed by Abitibi.
  • The number of deposits at Pine Bay are located within the Baker Patton Felsic Complex, one of the largest and most highly altered accumulations of felsic rocks within the Flin Flon Greenstone Belt.

Eldorado Gold Provides Exploration Update Highlighting Increased Confidence on Ormaque; Announces Executive Management Appointments

Retrieved on: 
Wednesday, December 13, 2023
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This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.

Key Points: 
  • This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.
  • Key mineralised intercepts are present both below and south of the current Mineral Resources for at least 350 metres.
  • Note: Gold grades for drillhole intervals listed in this release are based on capping individual assays at 70 g/t gold.
  • Eldorado Gold operates its exploration programs according to industry best practices and employs rigorous quality assurance and quality control procedures.

Abcourt Announces its Results for the Fourth Quarter and the Year ended June 30, 2023

Retrieved on: 
Friday, November 24, 2023
Giant, National instrument, Regulation, ERM, Sale, CFO, Acquisition, Elder, MRE, Mergers and acquisitions, Meal, Ready-to-Eat, Gold, TMX Group, ABI, News, Bank statement, Sleeping Giant, Abitibi, Eagles–Giants rivalry, Death, Corporation, Silver, PEA, Discovery, Val-d'Or, Dormant, Policy, National Instrument 43-101, Rare-earth element

Following the ERM on Sleeping Giant, Abcourt completed a preliminary economic study published in June 2023.

Key Points: 
  • Following the ERM on Sleeping Giant, Abcourt completed a preliminary economic study published in June 2023.
  • Revenues of $7,014,494 for the year ended June 30, 2023, from the sale of gold from the cleaning of the Sleeping Giant mill.
  • A net loss of $5,337,044 for the year ended June 30, 2023, compared to a net loss of $21,621,251 for the same period in 2022.
  • For other assets, a drilling campaign is underway on its Flordin and Discovery deposits, and the Corporation plans to complete it in December 2023.

O3 Mining Strengthens Presence in the Casa Berardi Trend by Consolidating the Kinebik Project

Retrieved on: 
Friday, December 22, 2023
Share (finance), TSX Venture Exchange, Sale, Acquisition, Mining, Cadillac, News, GMR, Abitibi, Break

On May 17, 2023, O3 Mining and NewOrigin announced a property sale agreement pursuant to which O3 Mining agreed to acquire (the "Kinebik Acquisition") and NewOrigin agreed to sell all of its rights, titles and interest in and to the Kinebik property located along the Casa Berardi trend in Québec (the "Kinebik Properties").

Key Points: 
  • On May 17, 2023, O3 Mining and NewOrigin announced a property sale agreement pursuant to which O3 Mining agreed to acquire (the "Kinebik Acquisition") and NewOrigin agreed to sell all of its rights, titles and interest in and to the Kinebik property located along the Casa Berardi trend in Québec (the "Kinebik Properties").
  • Please see the news release of O3 Mining dated May 17, 2023 and entitled "O3 Mining Announces Transaction to Acquire Kinebik Property from NewOrigin Gold Corp.".
  • On June 13, 2023, O3 Mining and Kinebik closed the first tranche of the Kinebik Acquisition.
  • Please see the news release of O3 Mining dated June 13, 2023 and entitled "O3 Mining Announces Closing of Kinebik Property Acquisition from NewOrigin Gold Corp.".

First Mining Announces Third Quarter 2023 Financial Results and Operating Highlights

Retrieved on: 
Monday, November 13, 2023
Abitibi, EDGAR, Municipality, Mining, Bank statement, Investment, FF, Hope Brook Aerodrome, Heart, Mineral resource estimation, FMG, Technical report, TSX, Cryptocurrency, Horseshoe, Duparquet

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."