National Instrument 43-101

Aura Announces Strong Q1 2024 Production Results, 28% Above Q1 2023 and on track to deliver its 2024 Production Guidance

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Monday, April 8, 2024
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At constant metal prices, production was stable compared to Q4 2023 and increased by 35% compared to Q1 2023.

Key Points: 
  • At constant metal prices, production was stable compared to Q4 2023 and increased by 35% compared to Q1 2023.
  • Total production for Q1 2024 was either at or above the Company’s expectations across all its operating mines, which positions the Company to remain on track to achieve Consolidated Production Guidance of between 244,000 – 292,000 GEO for 2024.
  • At Apoena (EPP), production was 12,105 GEO, 20% lower in Q1 2024 compared to the previous quarter and 5% below Q1 2023 due to lower grade fed in the plant and mine sequencing.
  • At Almas, production in Q1 2024 reached 11,889 GEO, marking a 24% increase compared to the previous quarter.

Bessor Announces Entering Option for the Easter Gold Project

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Thursday, April 4, 2024
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The grade shell was used to constrain the resource estimation within a block model constructed with 15ft cubic blocks.

Key Points: 
  • The grade shell was used to constrain the resource estimation within a block model constructed with 15ft cubic blocks.
  • We are excited to move forward with the Easter Gold Project as it met all of our key criteria: an advanced exploration asset with a historical resource estimate, in a top jurisdiction, and a pathway to grow with further drilling.”
    Pursuant to the Option Agreement, in order to earn a 60% interest in the Easter Gold Project, Bessor must spend $5,000,000 on work at the Easter Gold Project, deliver 5,000,000 common shares in the capital of Bessor (“Common Shares”) to K2 and pay a total amount of $1,800,000 to K2.
  • The first-year requirement is $400,000 cash, 2,500,000 Common Shares and $1,000,000 of work performed on the Easter Gold Project (commenced only), with the balance of the earn-in requirements spread over another 3 years.
  • The work obligations and cash and Common Share payments that are payable by Bessor to K2 under the Option Agreement are set out below:

Atico Reports Multiple High Grade Intercepts up to 20.70m of 5.76% Cu, 4.46 g/t Au and 11.50m of 8.16% Cu, 8.09 g/t Au and Continues to Extend the Ore Body at El Roble Mine in Colombia

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Thursday, April 4, 2024
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The drill campaign will be continued during 2024 and results for the drill holes will be reported as the assay results for mineralized intercepts are received.

Key Points: 
  • The drill campaign will be continued during 2024 and results for the drill holes will be reported as the assay results for mineralized intercepts are received.
  • The El Roble mine is a high grade, underground copper and gold mine with nominal processing plant capacity of 1,000 tonnes per day, located in the Department of Choco in Colombia.
  • Since obtaining control of the mine on November 22, 2013, Atico has upgraded the operation from a historical nominal capacity of 400 tonnes per day.
  • Mineralization is open at depth and along strike and the Company plans to further test the limits of the deposit.

Koryx Copper Intersects 168.60 Metres at 0.40% Cu Eq Including Multiple 2 m Intersections >1.00% Cu Eq and 34.00 m at 0.73% Cu Eq Including 2 m at 2.28% Cu Eq

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Thursday, April 4, 2024
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VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ("Koryx" or “the Company") (TSX-V: KRY) announces the third assay results from its current drilling program at its Haib Copper project in southern Namibia.  The Company’s latest four drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource.

Key Points: 
  • CuEq (copper equivalent) has been used to express the combined value of copper and molybdenum and is provided for illustrative purposes only.
  • Also half-way up the southern slope it too was positioned to close the sample spacing in this part of Pit1.
  • HM39 was drilled west of and parallel to HM34 and was positioned to close the sample spacing in this direction.
  • Over time, it has seen several transformations including shearing and faulting events that appear to have further concentrated Cu and Mo.

Rio Silver Finalizing Access Agreements for Jorimina Property, Peru

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Wednesday, April 3, 2024
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VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- Rio Silver or the "Company", TSX.V: RYO, is pleased to announce it is finalizing an access agreement with the local community for its 100% owned Jorimina project "Jormaina", Department of Ayacucho, Peru.

Key Points: 
  • VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- Rio Silver or the "Company", TSX.V: RYO, is pleased to announce it is finalizing an access agreement with the local community for its 100% owned Jorimina project "Jormaina", Department of Ayacucho, Peru.
  • The Main Niñobamba zone is located 7 kilometres to east of Jormina where a significant Au-Ag high sulphidation is present.
  • Jorimina was recognized by Newmont as having all the necessary elements to be capable of hosting a precious metal epithermal resource.
  • Rio Silver initially plans to confirm the historic surface results and drill results and to determine the shape and the orientation of the precious metal mineralization.

Calibre’s Valentine Gold Mine Property-Wide Exploration Program Underway With Initial Drill Program Southwest of the Leprechaun Deposit Following Recent Discovery Drilling Including 46 g/t Gold Over 5.3 Metres

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Wednesday, April 3, 2024
Diamond, Quartz, QA/QC, Labrador, National Instrument 43-101, Grand Falls-Windsor, Mineral Resources Limited, Vein, VLF, Gold, Copper, QTP, SGS, ETW, News, RC, Indication (medicine), Anomaly, Geology, National instrument, Magnetism, TSX, Mineral, CXB, Leprechaun, OTCQX, RAB, Soil, Orientation, Resource, AA, Mining

Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.

Key Points: 
  • Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.
  • Below the Marathon, Berry and Leprechaun pits the gold system remains open for expansion and we see excellent potential for additional high-grade gold mineralization as supported by drill results including 150.27 g/t Au over 4.3 metres.
  • This mineralization is trending southwest along the VLSZ toward Frank ( Calibre Reports Positive Drill Results February 6, 2024 news release ).
  • (NL), Calibre Mining’s Vice President, Geology and Exploration for Canada, and a "Qualified Person" under National Instrument 43-101.

Surge Copper Announces C$3.8 Million Strategic Investment by African Rainbow Minerals Limited

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Tuesday, April 2, 2024
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Vancouver, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has entered into a subscription agreement for a private placement financing (the “Strategic Placement”) with a new cornerstone strategic investor, African Rainbow Minerals Limited (JSE: ARI) (“ARM”).

Key Points: 
  • Vancouver, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has entered into a subscription agreement for a private placement financing (the “Strategic Placement”) with a new cornerstone strategic investor, African Rainbow Minerals Limited (JSE: ARI) (“ARM”).
  • Under the terms of the Strategic Placement, ARM, through its wholly-owned subsidiary ARM Copper Company Proprietary Limited (“ARM Copper”), will subscribe for 39,608,708 common shares (the “Strategic Placement Common Shares”) of Surge at C$0.095 per Strategic Placement Common Share, representing an approximately 18% premium to the 20-day volume weighted average price of the Company’s common shares on the TSX Venture Exchange as at April 1, 2024, for gross proceeds of approximately C$3,762,827.
  • Upon completion of the Strategic Placement, ARM (through ARM Copper) will own 15.0% of Surge’s issued and outstanding common shares on a non-diluted basis.
  • Leif Nilsson, Chief Executive Officer, commented: “We are excited to be welcoming ARM as a strategic investor into Surge.

Stallion Uranium Drilling Intersects Anomalous Radioactivity

Retrieved on: 
Tuesday, April 2, 2024
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The survey data when compiled and modeled with all available historical data showed the key characteristics for potential uranium mineralization.

Key Points: 
  • The survey data when compiled and modeled with all available historical data showed the key characteristics for potential uranium mineralization.
  • To best refine drill targets Stallion utilized the latest technology to complete an advanced ground TDEM survey over the target area.
  • Stallion Uranium requests multi-element analysis by ICP-MS and ICP-OES using total (HF:NHO3:HClO4) and partial digestion (HNO3:HCl), boron by fusion.
  • The foregoing scientific and technical disclosures for Stallion Uranium have been reviewed by Darren Slugoski, P.Geo., VP Exploration, a registered member of the Professional Engineers and Geoscientists of Saskatchewan.

Discovery Files NI 43-101 Technical Report for the Cordero Project Feasibility Study

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Monday, April 1, 2024
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TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024 (the “Technical Report”), in respect of Discovery’s Cordero deposit in Mexico.

Key Points: 
  • TORONTO, April 01, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024 (the “Technical Report”), in respect of Discovery’s Cordero deposit in Mexico.
  • The report was authored by Ausenco Engineering Canada ULC, with support from AGP Mining Consultants Inc., WSP USA Environment and Infrastructure Inc. and RedDot3D Inc.
  • The filing of the Technical Report follows the Company’s news release issued on February 20, 2024 (entitled: Positive Feasibility Results Establish Cordero as One of the World’s Leading Development-Stage Silver Projects), which outlined the key inputs, assumptions and results from the Feasibility Study.

Probe Gold Files PEA Update Technical Report for the Novador Project, Quebec

Retrieved on: 
Tuesday, March 26, 2024
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The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.

Key Points: 
  • The Novador PEA supports a robust mining plan that averages over 255,000 ounces per year of gold production, with over 281,000 ounces per year in the first five years of the 12.6-year mine life and boasts an impressive after-tax NPV of $910 million using a base-case gold price of US$1,750/oz.
  • The technical report, entitled "Novador Project, NI 43-101 Technical Report & Preliminary Economic Assessment” (the "Novador PEA") and dated March 26, 2024 (effective date of February 13th, 2024) is available on SEDAR+ (www.sedarplus.ca) under Company's issuer profile, and on the Company’s website https://probegold.com/novador-project/ under the technical reports tab.
  • The independent Technical Report was prepared through the collaboration of the following firms: Ausenco Engineering Canada ULC (Ausenco), Moose Mountain Technical Services (MMTS), InnovExplo Inc., Lamont Inc.
  • Probe's news release dated February 13, 2024 (titled "Probe Gold Announces Updated PEA For Novador Project, Quebec; 23% Increase In Average Annual Production To 255,000 Ounces, Pre-Tax NPV5% Of C$1.53 Billion, And Pre-Tax IRR Of 34.4%") summarized the key results, assumptions and estimates contained in the Novador PEA.