Metallurgy

Lancaster Resources Closing of Spin-Off of Nelson Lake Copper Corp.

Retrieved on: 
Tuesday, April 2, 2024
Technical report, Technical, Disclosure, Security (finance), Metallurgy, Arrangement, LCR

VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) and Nelson Lake Copper Corp. (“Nelson”) announce that the plan of arrangement previously announced on January 30, 2024 (the “Arrangement”), including the spin-off of Lancaster’s wholly-owned subsidiary, Nelson, closed today.

Key Points: 
  • VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) and Nelson Lake Copper Corp. (“Nelson”) announce that the plan of arrangement previously announced on January 30, 2024 (the “Arrangement”), including the spin-off of Lancaster’s wholly-owned subsidiary, Nelson, closed today.
  • Following the transaction, Lancaster continues to own 703,731 common shares of Nelson, and Nelson is now a separate unlisted “reporting issuer” in each of British Columbia, Alberta, Saskatchewan, and Ontario.
  • Nelson owns 100% of the Nelson Lake Copper Project, which consists of 1 mining claim covering a contiguous block of 5,746 hectares in Saskatchewan (the “Nelson Lake Copper Project”).
  • More detailed information about the Nelson Lake Copper Project is contained in the Technical Report entitled, Nelson Lake Copper Property, Saskatchewan Canada dated February 1, 2024, prepared by Nikolay Bashaev, Sc., P.Geo, and Fallon Clarke, B.Sc., P. Geo, of APEX Geoscience Ltd., of Edmonton, Alberta, Canada (the “Technical Report”).

Robex Corporate Strategy Update

Retrieved on: 
Monday, March 18, 2024
Wacom, Earthworks, Completion, Metallurgy, Bed, Environment, Feasibility study, Management, Prospectus, Investment, SCP, SAG, CIL, Oxide, Government, Economics, Engineering, CAD

QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.

Key Points: 
  • QUEBEC CITY, March 18, 2024 (GLOBE NEWSWIRE) -- Robex Resources Inc. (TSXV: RBX) (“Robex” or the “Company”) is providing a corporate strategy update for Guinea and Mali.
  • Following the updated resource estimate at Mansounia published on December 22nd 2023, the Management and the Board of Directors have decided to revise and update the development schedule.
  • The Board of Directors and the Management of Robex remain committed to finding the best possible outcome for this asset going forward.
  • Unaudited cash position as of February 29th, 2024, is CAD 12.7 million and Robex has liquidity to meet all the cash and short-term ratios.

Calibre Strengthens its Team with the Appointment of Vice President, Canadian Operations and Process Plant Manager for the Valentine Gold Mine; Additionally, Calibre Announces GDX Index Inclusion

Retrieved on: 
Monday, March 18, 2024
Lithium, Labrador, Health, Northern College (Ontario), Mining, Metallurgy, Growth, SSR, Chemical engineer, Gold, Lead, Business process management, University, Nemaska Lithium, TSX, CXB, Chemical substance, OTCQX, Iron, Safety, Process, Operation, Chemical engineering, Oil

Additionally, Calibre is pleased to announce that the Company has been added to the VanEck Vectors Gold Miners ETF (NYSE: GDX) (“GDX”).

Key Points: 
  • Additionally, Calibre is pleased to announce that the Company has been added to the VanEck Vectors Gold Miners ETF (NYSE: GDX) (“GDX”).
  • Calibre was added to the GDX Index on March 15, 2024.
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am very pleased to welcome Jason Cyr as the Vice President of Canadian Operations, and André Morneau as Process Plant Manager.
  • We continue to strengthen the team as we focus on operational readiness in preparation for first gold in H1 2025 at the Valentine Gold Mine.

Osisko Development Announces Mineral Resource Update for the Trixie Deposit, Tintic Project

Retrieved on: 
Friday, March 15, 2024
Technical report, Mineral Resources Limited, Copper, Gold, News, G&A, Quartz, Disclosure, National instrument, Metallurgy, Fault, CIM, USD, Marketing, Table, CAD

Geologic modelling was completed by Osisko Development modeling geologist Jody Laing, P.Geo, using Leapfrog Geo software.

Key Points: 
  • Geologic modelling was completed by Osisko Development modeling geologist Jody Laing, P.Geo, using Leapfrog Geo software.
  • The 2024 Trixie MRE was completed by Osisko Development chief resource geologist, Daniel Downton, P.Geo using Datamine Studio RM 2.0 software.
  • William Lewis and Alan J. San Martin of Micon International Limited independently reviewed and validated the mineral resource model.
  • The 2024 Trixie MRE is comprised of six zones within the greater Trixie area: T2, T3, T4, Wild Cat, 40 Fault and 75-85.

Barrick to Grow Production and Value on Global Asset Foundation

Retrieved on: 
Friday, March 15, 2024
FGS, National Instrument 43-101, Forecasting, Mineral Resources Limited, Evaluation, EDGAR, Copper, Gold, Acquisition, Alturas, California, Public expenditure, MD, Metallurgy, National instrument, Nature, Bank statement, Nevada Gold Mines, Investment, Master of Philosophy, GAAP, CIM, Uranium mining

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Barrick’s peerless gold and rapidly growing copper portfolios now extend across all the major gold and copper districts worldwide, providing the company with a solid base from which to grow its production and value, directed by a proven strategy and supported by a broad spectrum of skills, says president and chief executive Mark Bristow in the 2023 Annual Report published today.

Key Points: 
  • Additional asset optimization, further exploration growth, new project initiatives and divestitures are not included.
  • Our five-year indicative outlook excludes: production from Fourmile; Pierina, and Golden Sunlight, both of which are currently in care and maintenance; and production from long-term greenfield optionality from Donlin, Pascua-Lama, Norte Abierto and Alturas.
  • “Free cash flow” is a non-GAAP financial measure that deducts capital expenditures from net cash provided by operating activities.
  • The words “potential”, “grow”, “maintain”, “opportunity”, “investment”, “discovery”, “continue”, “extend”, “will”, “forecast”, “target”, “developing”, “focus”, “believe” and similar expressions identify forward-looking statements.

Collective Metals Provides Review of Fourteen Mile Target Area on its Princeton Property, B.C.

Retrieved on: 
Friday, March 15, 2024
Agreement, Property, MPD, Geology, RMK, IP, Marketing, 3B2, CAD, Project, Arsenic, CMMC, Anomaly, Mineral, Whipsaw Creek, Term, Ministry, Iron, Gravity anomaly, Bismuth, Princeton Project, News, Metallurgy, National instrument, Google Ads, Soil, Service, COMT, Corridor, Advertising, Princeton University, Element, Mechanical engineering, Donald Duck filmography, Cobalt, Rare-earth element

VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to provide a review of results from the Fourteen and Fifteen Mile target areas in its flagship Princeton Project in south-central B.C. (the “Project”). The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions analogous to those associated with the currently producing Copper Mountain Mine, which lies approximately 10 km to the east (Figure 1). Results from a soil geochemical survey completed in 2023 are interpreted to confirm the mineral potential of the Fourteen and Fifteen Mile target areas as one of five (5) promising prospects with favourable geology, geophysical signatures, and/or historic geochemistry (please see News Release dated January 8, 2024). The Trojan-Condor Corridor, which hosts significant chargeability anomalies identified in a previous Induced Polarization (“IP”) survey,1 is considered a drill-ready target. The Company plans to conduct IP surveys over the other four target areas, including the Fourteen Mile target, in 2024.

Key Points: 
  • VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1 ) (the “Company” or “Collective”) is pleased to provide a review of results from the Fourteen and Fifteen Mile target areas in its flagship Princeton Project in south-central B.C.
  • The Trojan-Condor Corridor, which hosts significant chargeability anomalies identified in a previous Induced Polarization (“IP”) survey,1 is considered a drill-ready target.
  • The Company plans to conduct IP surveys over the other four target areas, including the Fourteen Mile target, in 2024.
  • Figure 1 - Fourteen, Fifteen and Sixteen Mile Target Areas with Aeromagnetic anomalies, alteration, intrusions, 2011 high-quality sieved sediment samples and 2023 soil pathfinder anomaly geochemistry.

Liberty Gold Reports Phase 4 Metallurgical Column Leach Results and Final Phase 5 Metallurgical Drill Assays at its Black Pine Oxide Gold Project, Idaho

Retrieved on: 
Thursday, March 14, 2024
4C, Database, Silver, Associate, ICP, LGD, Gold, Kinetics, Carbon, TSX, PQ, OTCQX, Metallurgy, CIL, Sodium cyanide, Map, Composite

Additionally, final assay results are released on the remaining 4 metallurgical core holes drilled in 2023 to provide samples for the Phase 5 metallurgical test program.

Key Points: 
  • Additionally, final assay results are released on the remaining 4 metallurgical core holes drilled in 2023 to provide samples for the Phase 5 metallurgical test program.
  • Jon Gilligan, President & Chief Operating Officer for Liberty Gold said, “The results of this latest phase of metallurgical column testwork add key infill data to the gold recovery model at Black Pine.
  • Phase 4B and 4C composites and the pending Phase 5 variability test program filled gaps in the Black Pine resource metallurgical database.
  • Gold and silver were recovered from column leach pregnant solutions by passing it through a small (separate) column containing activated carbon.

New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway

Retrieved on: 
Wednesday, April 3, 2024
Mining, Minerals, Natural Resources, TSX Venture Exchange, Queensway, Lotto, Gold, Sale, NFG, Security (finance), Disclosure, MMSA, Metallurgy, National instrument, Bank statement, BWI, Annual report, Ontario Highway 115, SAG, ATM, Process, CIL, Multimedia, Engineering, Extractive metallurgy

(Graphic: Business Wire)

Key Points: 
  • (Graphic: Business Wire)
    Phase I metallurgical testing commenced in 2023 and focused on three mineralized zones – Keats Main, Golden Joint, and Lotto.
  • Weighted average gold extraction on all 116 Variability Composite samples, broken out by the five cross sections shown in Figures 1-6, range from 90% to 96%.
  • Gold extraction across the three zones tested in Phase I demonstrates similar metallurgical characteristics and achieved similar extractions from both gravity and CIL.
  • Metallurgical test work at Queensway has been designed and supervised by Gary Simmons (MMSA QP Number: 01013QP) as an independent consultant.

Metals Acquisition Limited Reports Drill Results Including 19.2m @ 10.4% Cu, 16.0m @ 10.4% Cu and 3m @ 13.9% Cu

Retrieved on: 
Tuesday, March 19, 2024
Mining, Minerals, Natural Resources, Competence, ASX, MAC, QTSS, Metallurgy, Competent person, Multimedia, Work

A complete list of post-August 2023 resource drilling is contained in Table 1 at the end of this report.

Key Points: 
  • A complete list of post-August 2023 resource drilling is contained in Table 1 at the end of this report.
  • QTS Central appears to be getting wider with the new drilling which is very encouraging from what is already our highest margin ore.
  • These are truly exceptional Cu grades and even with diluted stope shapes for mining purposes the grade from this lens is high.
  • Mr. Adams is also a Qualified Person as defined by S-K 1300 rules for mineral deposit disclosure.

Allonnia Launches Mining Advisory Board to Support Development and Integration of Biological Solutions for the Mining Industry

Retrieved on: 
Thursday, March 14, 2024
Recycling, Health, Mining, Minerals, Environment, Sustainability, Natural Resources, Biotechnology, Exploration, Ontario Teachers' Pension Plan, Thiokol, Risk, BHP, Copper, Research, Key Tronic, Engineering, Metallurgy, Mineral, Society, Newmont, Nickel, Senior advisor, Rio Tinto, Lithium, International Finance Corporation, World Bank, Teaching

Allonnia , the bio-ingenuity company dedicated to extracting value where others see waste, today announced the establishment of their Mining Advisory Board.

Key Points: 
  • Allonnia , the bio-ingenuity company dedicated to extracting value where others see waste, today announced the establishment of their Mining Advisory Board.
  • Consisting of mining industry experts from academia, mining majors, and private institutions, the Board will support Allonnia with developing and delivering transformational biological solutions tailored to the mining industry.
  • “The mining industry is at a critical inflection point, and biotechnology offers a range of new solutions,” said Chuck Price, Chief Commercial Officer of Allonnia.
  • “This Mining Advisory Board brings together some of the most experienced minds in mining to collaborate on new approaches for the industry’s most pressing challenges.