Teck Resources

Vancouver Coastal Health and Teck Partner to Study How Bacteria-killing Copper Can Reduce the Risk of Infection Transmission in Long-term Care Homes

Retrieved on: 
Thursday, May 25, 2023

VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Vancouver Coastal Health (VCH), Teck Resources Limited (“Teck”) and VGH & UBC Hospital Foundation are partnering to study how antimicrobial copper can be used to prevent infections and improve health outcomes in three long-term care homes across the VCH region.

Key Points: 
  • VANCOUVER, British Columbia, May 25, 2023 (GLOBE NEWSWIRE) -- Vancouver Coastal Health (VCH), Teck Resources Limited (“Teck”) and VGH & UBC Hospital Foundation are partnering to study how antimicrobial copper can be used to prevent infections and improve health outcomes in three long-term care homes across the VCH region.
  • Funded by Teck, it will be the first study of its size in Canada.
  • The study will incorporate a number of measures, including microbial load and durability of the copper installations, resident health care acquired illness rates as well as perceptions of staff, residents and their families.
  • Copper installations can reduce risk of disease transmission and contribute to a healthier space for everyone.

Bunker Hill Announces Upsized and Improved $67 Million Financing Package to Enable Completion of the Mine Restart, Offtake Agreement

Retrieved on: 
Tuesday, May 23, 2023

TORONTO, May 23, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (CSE: BNKR) (“Bunker Hill” or the “Company) is pleased to announce the execution of a non-binding term sheet outlining an upsized and improved $67 million non-dilutive project finance package with Sprott Private Resource Streaming & Royalty Corp (“Sprott Streaming”). All figures in this news release are in US dollars unless otherwise stated.

Key Points: 
  • Sam Ash, CEO, stated “We are excited to announce an upsized and improved project finance package that we expect to backstop the full financing of the Bunker Hill mine restart, materially strengthen our balance sheet and liquidity, and support our TSX-V application.
  • We are thrilled to have partnered with Sprott Streaming, who have demonstrated their commitment and support for the project each step of the way.
  • Including the previously funded $8 million Royalty Convertible Debenture, $6 million Series 1 Convertible Debenture (the “CD1”), and $15 million Series 2 Convertible Debenture (the “CD2”), Sprott Streaming’s total commitment to the Bunker Hill Mine restart would increase to $96 million.
  • Any agreement with a metal trader, in lieu of the Debt Facility, would be subject to approval by Teck and Sprott Streaming.

First of its Kind Joint Study Demonstrates Copper’s Effectiveness at Killing Bacteria and Viruses on Public Transit

Retrieved on: 
Thursday, May 18, 2023

The study evaluated the efficacy of three copper-based solutions for reducing the transmission of bacteria and viruses on high-touch surfaces on public transportation.

Key Points: 
  • The study evaluated the efficacy of three copper-based solutions for reducing the transmission of bacteria and viruses on high-touch surfaces on public transportation.
  • Test results showed that select copper products can eliminate up to 99.9% of bacteria on public transit and 99.9% of viruses in a laboratory setting within two hours of contact.
  • This testing is crucial, as it demonstrates the potential for copper surfaces to reduce the risk of transmission of viruses in addition to bacteria.
  • The success of this pilot project demonstrates the efficacy of copper surfaces in reducing the spread of bacteria and viruses in shared public spaces.

Government of Canada launches pilot to support innovative funding opportunities for conservation

Retrieved on: 
Wednesday, May 17, 2023

That's why the Government of Canada is finding new ways to collaboratively engage across all sectors and governments to help support nature.

Key Points: 
  • That's why the Government of Canada is finding new ways to collaboratively engage across all sectors and governments to help support nature.
  • Today, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, launched the Conservation Exchange Pilot, an innovative, science-based initiative designed to enable more conservation work in Canada.
  • The Conservation Exchange Pilot is an innovative and mutually beneficial funding mechanism designed to enable more conservation efforts in Canada.
  • The Conservation Exchange Pilot is an innovative mechanism enabling effective partnerships between industry, government, and the non-profit sector to address habitat and biodiversity challenges across Canada."

Collective Metals Announces Option Agreement to Acquire 70% of Princeton Project in Southeastern British Columbia

Retrieved on: 
Wednesday, May 10, 2023

VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | FSE: TO1) (the “Company” or “Collective”), is pleased to announce it has signed an option agreement dated May 9, 2023 to acquire 70% of the Princeton Project (the “Acquisition”), a copper-gold project located in south-central BC covering 70,570 acres (the “Project”) from Tulmeen Resources Corporation (“Tulmeen”). The Project is approximately 10 km west of Copper Mountain Corporation’s (“Copper Mountain”) currently producing Copper Mountain Mine, which hosts a Proven and Probable Mineral Reserve of 702 Mt of 0.24% Copper. The Project hosts potential for identification of one (or more) copper gold alkalic porphyry occurrences similar in age and deposit type to the Copper Mountain Mine.

Key Points: 
  • VANCOUVER, British Columbia, May 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | FSE: TO1 ) (the “Company” or “Collective”), is pleased to announce it has signed an option agreement dated May 9, 2023 to acquire 70% of the Princeton Project (the “Acquisition”), a copper-gold project located in south-central BC covering 70,570 acres (the “Project”) from Tulmeen Resources Corporation (“Tulmeen”).
  • The Project hosts potential for identification of one (or more) copper gold alkalic porphyry occurrences similar in age and deposit type to the Copper Mountain Mine.
  • British Columbia is known as a low-risk jurisdiction with high standards for environmental stewardship and community engagement.
  • Geo., who is acting as the Company’s Qualified Person for the Princeton Property project, in accordance with regulations under NI 43-101.

Newpath Announces Appointment of Jerry Blackwell as New Strategic Advisor

Retrieved on: 
Monday, May 8, 2023

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC Pink: RDYFF) ("Newpath" or the "Company") is pleased to announce the appointment of Jerry Blackwell as a Strategic Advisor to the Company effective immediately.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 8, 2023) - Newpath Resources Inc. (CSE: PATH) (FSE: 0MZ) (OTC Pink: RDYFF) ("Newpath" or the "Company") is pleased to announce the appointment of Jerry Blackwell as a Strategic Advisor to the Company effective immediately.
  • Mr. Blackwell currently serves in an advisory role with Chakana Copper Corp., Palamina Corp. and NewOrigin Gold Corp., all Venture-listed companies.
  • Jerry Blackwell, Strategic Advisor, states, "I'm pleased to be joining as a Strategic Advisor to Newpath Resources, which has a solid technical and management team, with a geographic and commodity focus, that presents an opportunity to work with a next-generation explorer."
  • Alex McAulay, CEO, states, "We are very excited to be welcoming Jerry on as a key strategic advisor to the Company as we initiate the first phase of exploration on our lithium projects.

Nicola Mining Prepares for 2023 Drilling Exploration at New Craigmont Copper Project

Retrieved on: 
Tuesday, May 2, 2023

Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the "2023 Program") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 2, 2023) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is pleased to announce that it has finalized its 2023 diamond drilling exploration planning (the "2023 Program") at its wholly-owned New Craigmont Copper Project ("New Craigmont"), located near Merritt, BC, and 33 km south of Teck Resources Ltd.'s Highland Valley Copper, Canada's largest open pit copper mine.
  • Drilling is expected to commence mid-May and the Company has engaged Western Exploration Diamond Drilling (Western), for the 2023 program.
  • Western, who is a local drilling company, has successfully completed all diamond drilling at New Craigmont since 2016.
  • Nicola received a MYAB Permit to conduct exploration activities through to 2027 including diamond drilling and Induce Polarity (IP) geophysical survey.

Sḵwx̱wú7mesh language panel will underscore link between economic reconciliation and cultural revitalization

Retrieved on: 
Wednesday, April 12, 2023

This is the first time a business conference will feature a panel entirely in the Sḵwx̱wú7mesh Sníchim.

Key Points: 
  • This is the first time a business conference will feature a panel entirely in the Sḵwx̱wú7mesh Sníchim.
  • Perhaps it is not as well known that we have simultaneously been revitalizing our culture, including the Sḵwx̱wú7mesh language.
  • She is among a handful of Squamish Nation members from her generation that has worked to revitalize the Sḵwx̱wú7mesh language.
  • They will speak about the importance of the Nation’s community and history, their relationship with the land and each other, and how economic reconciliation goes hand-in-hand with language and cultural revitalization.

Bunker Hill Secures Equity Investments of Approximately C$7.3 Million, Including Closing of Private Placement and Warrant Exercise Proceeds

Retrieved on: 
Tuesday, March 28, 2023

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) --  Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR; OTCQB: BHLL) is pleased to announce that the Company has closed its private placement of special warrants of the Company (the “Special Warrants”), previously announced on February 15, 2023, by issuing 51,633,727 Special Warrants at a price of C$0.12 per Special Warrant (the “Issue Price”), for aggregate gross proceeds of C$6,196,047.26 (the “Offering”). In addition, 10,416,667 common stock purchase warrants of the Company were exercised at a price of C$0.11 per warrant for aggregate gross proceeds of C$1,145,834.

Key Points: 
  • In addition, 10,416,667 common stock purchase warrants of the Company were exercised at a price of C$0.11 per warrant for aggregate gross proceeds of C$1,145,834.
  • Each Unit consists of one share of common stock of the Company (each, a “Unit Share”) and one common stock purchase warrant of the Company (each, a “Warrant”).
  • These warrants were previously issued on a private placement basis on May 13, 2022 in consideration for the Company’s acquisition of the Pend Oreille process plant.
  • Following the amendment of the terms of the warrants, Teck exercised all 10,416,667 warrants at an exercise price of C$0.11, for aggregate gross proceeds of approximately C$1,145,834 to the Company.

Spin-Outs in Mining Sector: The Emergence of Independent Growth-Oriented Ventures

Retrieved on: 
Friday, March 17, 2023

VANCOUVER, B.C., March 17, 2023 /PRNewswire/ -- USA News Group - Spin-out opportunities in the mining sector can generate mixed reactions from the market when they arise, depending on how they're handled. And this year is no different as multiple opportunities are arising, with much of the headlines going towards talk of Teck Resources Limited (NYSE:TECK) (TSX:TECK-A) exploring splitting off its steelmaking coal operations into a spin-out company worth an estimated $11 billion, in order to focus on copper and other "future-friendly" metals. Now other miners large and small are exploring their spin-out playbooks, including Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), Vale S.A. (NYSE:VALE), and Hecla Mining (NYSE:HL) with Atac Resources Ltd. (TSXV:ATC) (OTCQB:ATADF).

Key Points: 
  • Back in December, the spin-out was overwhelmingly approved by USHA's shareholders, garnering support from 99.76% of the votes cast.
  • By January, USHA obtained its final court order approval of the spin-out, which officially started the transaction in motion.
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