Flin Flon | Jotup

T2 Metals Reports Exceptional 23.5 m at 6.8 g/t Gold Drill Intersection from the Sherridon VHMS Project, Manitoba

Retrieved on:

Friday, March 1, 2024

Flin Flon, Copper, PB, Rio Tinto, Zinc, Cross, Project, MMDF, Gold, Indium, Element, Silver, Götz, Snow, AG, Mining

Shallow High-Grade Intersections Include 23.5m @ 1.18% Cu, 1.46% Zn, 6.8 g/t Au (7.4% CuEq)

Key Points:

The intersection lies only 20m below surface and includes some of the highest gold grades ever discovered at Sherridon.
The high gold and copper grades over a broad interval highlight the potential of VHMS style of mineralization in complexly folded host rocks.
Gold results in hole SHN23005 were re-checked with screen fire assay to overcome potential coarse gold analytical issues.
The most significant drill intersections of copper ("Cu"), zinc ("Zn"), gold ("Au"), and silver ("Ag") are provided below and in Table 2.

T2 Metals Reports Additional High Grade Polymetallic Drill Results at Its Sherridon VHMS Project, Manitoba

Retrieved on:

Thursday, February 8, 2024

Copper, Rio Tinto, AG, Zinc, Element, Project, Silver, Cross, Indium, MMDF, Götz, Gold, PB, Snow, Flin Flon, Oil

Near Surface High Grade Intersections Include 10.0 m @ 2.74% CuEq

Key Points:

The high grades demonstrate the potential provided by the VHMS style of mineralization which is common throughout the region.
These high grades will provide Sherridon a momentum not seen for many years, as we are encouraged to expand our exploration programs.
The current T2 Metals drilling campaign further delineates shallow-dipping and plunging massive sulphide lenses and extends the historical drilling results by the previous explorers.
Many geophysical follow-up opportunities and key VHMS-associated structural controls exist at Sherridon which provide additional high-value targets for planned 2024 drill programs.

T2 Metals Reports High Grade Polymetallic Drill Results at Its Sherridon VHMS Project, Manitoba

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Thursday, January 25, 2024

PB, Lost, Indium, Snow, AG, Au, Silver, Element, Cross, Flin Flon, Gold, Press release, Zinc, Project, Götz, Copper, Rio Tinto

Near Surface High Grade Intersections Include 9.3 m @ 3.09% CuEq

Key Points:

The 2023 Q4 drill program was the first completed by T2 Metals at the project, and the first at Sherridon in over a decade.
The most significant sulphide-mineralized drill intersections of copper ("Cu"), zinc ("Zn"), gold ("Au"), and silver ("Ag") are listed below and provided in Table 2.
= Zn(%) + ((Cu(%) * Cu(USD/t)) + (Pb(%) * Pb(USD/t)) + (Ag(g/t) * (Ag(USD/oz)/31.1) * 100) + (Au(g/t) * (Au(USD/oz)/31.1) * 100)) / Zn(USD/t)
Mark Saxon, CEO of T2 Metals Corp., said, "We are very pleased with these first drill results from the Sherridon drilling program.
They can be very high grade and are regularly gold enriched, with large very long-life deposits being "company-makers" (eg the founding of Rio Tinto).

Callinex Announces High-Grade Copper Maiden Mineral Resource Estimate at its Pine Bay Project in Manitoba

Retrieved on:

Monday, July 10, 2023

The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.

Key Points:

The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.
It is reasonably expected that a majority of the inferred mineral resource could be upgraded to an indicated mineral resource with continued exploration.
Copper equivalent resources for the Pine Bay Project were calculated using the following metal prices: Cu at US$3.25/lb, Zn US$1.20/lb, Au at US$1,850/oz, Ag at US$22.50/oz.
The Pine Bay Project, consists of a group of 77 contiguous mineral claims (dispositions) and one Mineral Lease totaling 6,795 hectares.

Hudbay and Marubeni Establish Framework for Flin Flon Exploration Partnership

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Thursday, July 6, 2023

HBM, Flin Flon greenstone belt, Uncertainty, Partnership, VMS, Marubeni, Risk, Mining, MOU, TSX, News, NYSE, Legislation, Risk management, Hudbay, Flin Flon, Flin

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.

Key Points:

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.
“Signing this MOU is the beginning of what we hope will be a long-term relationship between Hudbay and Marubeni to unlock value in the Flin Flon region,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
“This exploration partnership would allow us to couple our operational and exploration expertise with Marubeni’s balance sheet strength to test our large Flin Flon land package and potentially revive our dormant Flin Flon processing facilities.
The MOU also provides a framework for a future joint venture between the parties if the exploration efforts are successful in discovering new deposits in the Flin Flon region.

Noranda Income Fund Announces Third Quarter 2022 Results

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Tuesday, November 15, 2022

TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) today reported its financial results for the third quarter ended September 30, 2022.

Key Points:

TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX:NIF.UN) (the Fund) today reported its financial results for the third quarter ended September 30, 2022.
Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol NIF.UN.
Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Quebec.
Chief Executive Officer of Canadian Electrolytic Zinc Limited, Noranda Income Funds Manager
1Adjusted EBITDA (Earnings before income taxes, depreciation and amortization) is used by the Fund as an indication of cash generated from operations.

Callinex Discovers the Alchemist: New High-Grade Copper, Zinc, Gold and Silver Deposit at the Pine Bay Project, MB

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Wednesday, September 7, 2022

Flin Flon, Geology, CEO, Thallium, Flin Flon greenstone belt, CNX, VMS, Publishing, Centennial, Silver, Lens, Alchemy, Felsic, Example, Company, Zinc, Gold, Element, AG, Talus, Alchemist, Callinan, Growth, Cabin, Copper, Anomaly, Quartz, Printed circuit board, Compact Disc, Mining, Granite, Uranium, BPC, Flin, Rainbow, MB, BC, Orange, Odin

Max Porterfield, President and CEO, stated, "We are thrilled with the initial results from the Alchemist, the newest discovery at our Pine Bay Project.

Key Points:

Max Porterfield, President and CEO, stated, "We are thrilled with the initial results from the Alchemist, the newest discovery at our Pine Bay Project.
The Alchemist deposit comes with the potential for significant resource growth for the Company, its shareholders and the community of Flin Flon."
Mr. Porterfield continued, "It's noteworthy that, to date, each deposit discovered along the growth fault corridor at Pine Bay is significantly larger than the one that precedes it in proximity to Millrock Mountain.
Millrock Mountain at Pine Bay is analogous to the Millrock Hill in Flin Flon ( Examples of Millrock Hill and Pine Root Millrock ).

Callinex Provides Update on Drilling to Define High-Grade Copper Rainbow Deposit and Test Priority Targets in the Flin Flon Mining District, MB

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Tuesday, July 19, 2022

News, Geology, Assay, Flin Flon, Rainbow, EM, CNX, National instrument, Red, Company, Uranium, BC, MB

The 21 holes drilled to date have completed 12,950 meters of the fully funded 20,000 meter drilling campaign with a focus on delineating the high-grade copper Rainbow Deposit (the "Rainbow") and test recently identified regional exploration targets.

Key Points:

The 21 holes drilled to date have completed 12,950 meters of the fully funded 20,000 meter drilling campaign with a focus on delineating the high-grade copper Rainbow Deposit (the "Rainbow") and test recently identified regional exploration targets.
One drill rig has completed 11 drill holes as the Company completes step out and infill drilling on the Red, Orange and Yellow zones of the Rainbow Deposit (Rainbow Deposit Long Section) .
Additionally, re-sampling of the historic core from the Pine Bay deposit is underway in preparation for an updated NI 43-101 resource estimate that is planned.
Based on the interpretation of the BPEM survey results a exploration drill hole will be planned to test this target area.

Hudbay Announces Completion of Mining Activities at 777 after 18 years of Steady Production

Retrieved on:

Wednesday, June 22, 2022

TORONTO, June 22, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that mining activities at the companys 777 mine in Flin Flon, Manitoba, have concluded after the reserves were depleted following 18 years of steady production.

Key Points:

TORONTO, June 22, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) today announced that mining activities at the companys 777 mine in Flin Flon, Manitoba, have concluded after the reserves were depleted following 18 years of steady production.
Closure activities at the 777 mine have commenced and employees and equipment are transitioning to the companys operations in Snow Lake, Manitoba.
Though the closure of 777 marks the end of a mining era in Flin Flon, we will continue with exploration activities in the region.
The 777 deposit was a large and rich orebody and for many years was the flagship mine of Hudbays Manitoba operations.

Tactical Resources Introduces Canadian Exploration Assets

Retrieved on:

Thursday, March 24, 2022

VANCOUVER, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) -- Tactical Resources Corp. (CSE: RARE) (Tactical Resources or the Company), a mineral resource exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to provide an overview of its claim holdings in the Provinces of Quebec and Saskatchewan.

Key Points:

VANCOUVER, British Columbia, March 24, 2022 (GLOBE NEWSWIRE) -- Tactical Resources Corp. (CSE: RARE) (Tactical Resources or the Company), a mineral resource exploration & development company focused on the rare earth elements (REE) that drive the green technologies of the future, is pleased to provide an overview of its claim holdings in the Provinces of Quebec and Saskatchewan.
Well aligned for potential new discoveries and supported by favourable entry and exploration costs.
A fundamental component of Tacticals business is to conduct exploration in high potential, low risk jurisdictions in Canada Company CEO Ranjeet Sundher noted.
Tactical Resources executed an option agreement dated March 1, 2021, with the Doctors Investment Group Ltd., whereby Tactical Resources may earn up to a 100 percent interest in the Lac Ducharme property by completing $500,000 in exploration expenditures, by making cash payments totaling $60,000 and issuing 510,000 common shares to Doctors Investment Group over 28 months.