Kinross Gold

White Gold Corp. Commences Maiden RAB Drill Program on Wolf and Toonie Properties, Yukon, Canada

Retrieved on: 
Thursday, July 20, 2023

“Our regional RAB drilling program will test multiple early-stage targets for White Gold.

Key Points: 
  • “Our regional RAB drilling program will test multiple early-stage targets for White Gold.
  • The Wolf and Toonie properties represent prospective targets where we are excited to commence maiden RAB drilling to test large soil anomalies on both properties.
  • RAB drilling at both the Wolf and Toonie properties have been awarded Yukon Mineral Exploration Program (YMEP) grants for Target Evaluation.
  • The Company has been awarded Yukon Mineral Exploration Program (YMEP) grants for Target Evaluation at both the Wolf and Toonie properties.

Kinross to redeem $500 million in Senior Notes on August 10, 2023

Retrieved on: 
Tuesday, July 11, 2023

TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today it will redeem all of the outstanding 5.95% Senior Notes due March 15, 2024 (the “Notes”), which have an aggregate principal amount of $500 million, on August 10, 2023 (the “Redemption Date”).

Key Points: 
  • TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today it will redeem all of the outstanding 5.95% Senior Notes due March 15, 2024 (the “Notes”), which have an aggregate principal amount of $500 million, on August 10, 2023 (the “Redemption Date”).
  • The Notes will be redeemed at a redemption price determined in accordance with the terms of the Notes and will include accrued and unpaid interest to, but not including, the Redemption Date.
  • Interest on the Notes will cease to accrue from and after the Redemption Date.
  • After the Notes are redeemed, Kinross will have $1,250 million aggregate principal amount of Senior Notes outstanding, with the next Senior Notes maturity date on July 15, 2027 for $500 million in aggregate principal amount.

Kinross to announce Q2 results on August 2, 2023

Retrieved on: 
Monday, July 10, 2023

TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the second quarter of 2023 on Wednesday, August 2, 2023, after market close.

Key Points: 
  • TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the second quarter of 2023 on Wednesday, August 2, 2023, after market close.
  • On Thursday, August 3, 2023, at 8:00 a.m.
  • ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session.
  • The call-in numbers are as follows:
    Canada & US toll-free – 1 (888) 330-2446; Passcode: 4915537
    Outside of Canada & US – 1 (240) 789-2732; Passcode: 4915537
    Canada & US toll-free – 1-800-770-2030; Passcode: 4915537
    Outside of Canada & US – 1-647-362-9199; Passcode: 4915537

White Gold Corp. Commences Diamond Drilling at the Betty Ford target, White Gold District, Yukon, Canada

Retrieved on: 
Thursday, July 6, 2023

The focus of the 2023 drill program is to test for a mineralized buried porphyry at depth and possible feeder contact/structure for the near-surface gold mineralization.

Key Points: 
  • The focus of the 2023 drill program is to test for a mineralized buried porphyry at depth and possible feeder contact/structure for the near-surface gold mineralization.
  • Gold mineralization at Betty Ford is hosted in a polylithic breccia unit along an east-west striking splay structure (Figure 3) located approximately 1.5 km south of and parallel to, the Coffee Creek Fault.
  • Drilling at Betty Ford thus far has encountered broad zones of near-surface (≤ 75m vertical) gold mineralization which has been traced for approximately 175 m along strike.
  • Highlights of 2018-2022 Betty Ford Drilling Assay Results, White Gold Corp.

Kinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024

Retrieved on: 
Wednesday, July 5, 2023

The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.

Key Points: 
  • The notes are senior unsecured obligations of Kinross and are unconditionally and irrevocably guaranteed by certain of Kinross’ wholly-owned subsidiaries that are also guarantors under Kinross’ senior unsecured credit agreements.
  • Kinross intends to use the net proceeds from the offering to redeem all US$500 million aggregate principal of its outstanding 5.95% senior notes due 2024 (the “2024 Notes”).
  • As of the date of this news release, Kinross has not issued a notice of redemption in respect of the 2024 Notes.
  • This news release shall not constitute a notice of redemption with respect to the 2024 Notes.

White Gold Corp. Announces Commencement of Diamond Drilling at the Vertigo target on the JP Ross Property, White Gold District, Yukon, Canada

Retrieved on: 
Wednesday, June 21, 2023

Vertigo is road accessible which has provided the opportunity to commence work on this project as the company prepares for it upcoming diamond drilling on its Betty and Nolan properties.

Key Points: 
  • Vertigo is road accessible which has provided the opportunity to commence work on this project as the company prepares for it upcoming diamond drilling on its Betty and Nolan properties.
  • “We are excited to kick off our 2023 exploration program with the commencement of diamond drilling at the Vertigo target.
  • Diamond drilling at Vertigo designed to test a revised structural interpretation including identification of multiple untested vein sets and potential for high-grade bulk tonnage gold and silver mineralization.
  • The road accessible Vertigo target is located on the JP Ross property approximately 80 km south of Dawson City.

SILVER ONE ACQUIRES 100% OF THE PAST PRODUCING CANDELARIA SILVER MINE PROJECT, NEVADA

Retrieved on: 
Wednesday, May 31, 2023

VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").

Key Points: 
  • VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").
  • Greg Crowe, President and CEO of Silver One commented: "Securing the 100% interest in Candelaria represents a major milestone in the Company's history.
  • Silver One entered into an agreement with SSR Mining in 2017, giving Silver One the ability to acquire a 100% interest in the project.
  • As part of its acquisition of the Candelaria silver mine project, the Company did not grant a royalty to SSR Mining.

SILVER ONE ACQUIRES 100% OF THE PAST PRODUCING CANDELARIA SILVER MINE PROJECT, NEVADA

Retrieved on: 
Wednesday, May 31, 2023

VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").

Key Points: 
  • VANCOUVER, BC, May 31, 2023 /PRNewswire/ -- Silver One Resources Inc. (TSXV: SVE) (OTCQX: SLVRF) (FSE: BRK1) ("Silver One" or the "Company") is pleased to announce that it has acquired a 100% interest in the past producing Candelaria silver mine project in Nevada from SSR Mining Inc. ("SSR Mining").
  • Greg Crowe, President and CEO of Silver One commented: "Securing the 100% interest in Candelaria represents a major milestone in the Company's history.
  • Silver One entered into an agreement with SSR Mining in 2017, giving Silver One the ability to acquire a 100% interest in the project.
  • As part of its acquisition of the Candelaria silver mine project, the Company did not grant a royalty to SSR Mining.

Contango ORE Announces Completion of S-K 1300 Technical Report Summary for Its Manh Choh Project in Alaska

Retrieved on: 
Friday, May 26, 2023

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.

Key Points: 
  • Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.
    Rick Van Nieuwenhuyse, the Company’s President and Chief Executive Officer said: “With the completion of the tolling agreement with the Fort Knox Mine, we were able to complete the TRS.
  • Contango also owns a 100% interest in approximately 167,000 acres of State of Alaska mining claims through Contango Mineral Alaska, LLC, its wholly owned subsidiary, which gives Contango the exclusive right to explore and develop minerals on these lands.
  • A copy of the S-K 1300 Feasibility Study for the Manh Choh project can be found on our website: https://www.contangoore.com/investors/overview .
  • The TRS was prepared in accordance with S-K 1300 and was filed on May 26, 2023 with the SEC through EDGAR on Form 8-K.

Contango ORE Announces Earnings For the Quarter Ended March 31, 2023

Retrieved on: 
Wednesday, May 17, 2023

Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $(6.8) million or $(1.01) per basic and diluted share for the same period last year.

Key Points: 
  • Contango ORE, Inc. (“Contango,” "CORE" or the “Company”) (NYSE American: CTGO) announced that it had a net loss of $(7.9) million, or $(1.09) per basic and diluted share, for the three months ended March 31, 2023 compared to a net loss of $(6.8) million or $(1.01) per basic and diluted share for the same period last year.
  • For the nine months ended March 31, 2023, the Company reported a net loss of $(29.3) million, or $(4.23) per basic and diluted share, compared to a net loss of $(16.3) million or $(2.42) per basic and diluted share for the same period last year.
  • The Company also announced that it raised $6.9 million in cash, as a result of some of its warrant holders early exercising their warrants.
  • The Company also announced that it filed its Form 10-Q for the quarter ended March 31, 2023, with the Securities and Exchange Commission.