Mining in the United States

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 Closes Its Secured Credit Facility With ING and Macquarie to Fund the Construction of the Manh Choh Gold Project

Retrieved on: 
Thursday, May 18, 2023

PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.

Key Points: 
  • PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.
  • First gold production from the project is expected in the second half of 2024.
  • Building upon the relationship with these two institutions will be a key part of growing the Company going forward.
  • As a condition precedent to the second borrowing, the Company is required to hedge approximately 125koz of its attributable gold production from Manh Choh.

Hecla’s Greens Creek Mine Recognized for Leadership, Ethics, and Organization

Retrieved on: 
Wednesday, July 28, 2021

Hecla Mining Company ( NYSE:HL ) is pleased to announce the Alaska Chamber named Heclas Greens Creek Mine the Rita Sholton Large Business of the Year award, which pays tribute to businesses that exemplify leadership, ethics, and organization.

Key Points: 
  • Hecla Mining Company ( NYSE:HL ) is pleased to announce the Alaska Chamber named Heclas Greens Creek Mine the Rita Sholton Large Business of the Year award, which pays tribute to businesses that exemplify leadership, ethics, and organization.
  • Despite the pandemic, Greens Creek has been able to maintain full production and employment while providing additional support to the communities through special charitable programs.
  • It is a great honor to be recognized by the Alaska Chamber for our teams extraordinary efforts.
  • With over $500,000 going directly to student aid, Hecla Greens Creek is UAS largest sponsor of students.

Hecla Announces Management Changes

Retrieved on: 
Thursday, June 24, 2021

Hecla Mining Company ( NYSE: HL ) today announced the following changes in senior management.

Key Points: 
  • Hecla Mining Company ( NYSE: HL ) today announced the following changes in senior management.
  • Kurt has over 34 years with Hecla and has held various geology positions in both exploration and operations.
  • Mike has over 27 years with Hecla in operations administration, accounting, legal, and human resources.
  • Founded in 1891, Hecla Mining Company ( NYSE: HL ) is the largest silver producer in the United States.

U.S. Gold Corp. Announces New Targets for Upcoming Commencement of Drilling at Maggie Creek, Carlin Gold Belt, in Nevada

Retrieved on: 
Wednesday, April 7, 2021

We have seen over the recent years an increase in exploration under cover for potentially high-grade, underground mineable gold deposits along the Carlin and Battle Mountain-Eureka Gold Belts.

Key Points: 
  • We have seen over the recent years an increase in exploration under cover for potentially high-grade, underground mineable gold deposits along the Carlin and Battle Mountain-Eureka Gold Belts.
  • I think high-grade, underground mining is the future in Nevada and that the best opportunities for major discoveries will be under cover.
  • Plan and cross-sectional view of Nevada Gold Mines' Gold Quarry deposit.
  • Gold Corp. website.Keystone and Maggie Creek are exploration properties on the Cortez and Carlin Trends in Nevada.The Challis Gold Project is located in Idaho.

National Mining Hall of Fame Names 2021 Inductees

Retrieved on: 
Thursday, March 25, 2021

2021 National Mining Hall of Fame Inductees The National Mining Hall of Fame and Museum (NMHFM) is pleased to announce the class of 2021 National Mining Hall of Fame inductees.

Key Points: 
  • 2021 National Mining Hall of Fame Inductees The National Mining Hall of Fame and Museum (NMHFM) is pleased to announce the class of 2021 National Mining Hall of Fame inductees.
  • 2021 National Mining Hall of Fame Inductees:
    Dr. Richard L. (Dick) Bullock (1929-2020) was one of minings greatest experts on valuation, operations, and research and development.
  • Regarding this years honorees, National Mining Hall of Fame and Museum Board of Directors Chair David Brown stated, We are pleased to honor those selected for induction this year into the National Mining Hall of Fame.
  • Since 1987, the National Mining Hall of Fame and Museum, located in Leadville, CO has been a national monument to the men and women who champion the discovery, development, and processing of our nations natural resources, as well as a national institution educating the public about the undeniable relationship of mining to our daily lives.

Drilling Underway at Fremont's North Carlin Gold Project

Retrieved on: 
Wednesday, January 13, 2021

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 13, 2021) - Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTCQB: FRERF) ("Fremont" or the "Company") is pleased to announce that the drill program at the North Carlin gold project ("North Carlin" or the "Project") has started.
  • Boart Longyear's drill rig in action at the Coyote claim block, North Carlin, looking north.
  • The Company has identified several high-priority drill targets at North Carlin based on soil geochemistry, gravity and magnetic surveys, and the projection of key faults that control gold mineralization in the Carlin Trend.
  • North Carlin is approximately 6 km north of and on-strike of Nevada Gold Mines/Premier Gold Mines' South Arturo mine, where recent drilling intersected 39.6 metres of 17.11 g/t gold3, and 12 km northwest of Nevada Gold Mines' Goldstrike mine, which hosts 11.1 million ounces gold in the measured and indicated category2.

Hecla Announces 2020 Production and Cash Position

Retrieved on: 
Wednesday, January 13, 2021

Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.

Key Points: 
  • Gold production of 208,962 ounces, expected lower gold production from the Nevada operation decreased production 23% from 2019, which was Heclas highest gold production.
  • The strong performance allowed Hecla to reduce net debt, increase dividends, and double exploration expenditures while more than doubling last years cash position.
  • At the Greens Creek Mine in 2020, 10.5 million ounces of silver and 48,490 ounces of gold were produced.
  • Lucky Friday achieved full production in the fourth quarter with estimated annual production in excess of 3 million ounces of silver in 2021.

SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of CONSOL Coal Resources LP Merger

Retrieved on: 
Thursday, November 26, 2020

WILMINGTON, Del., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.

Key Points: 
  • WILMINGTON, Del., Nov. 25, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.
  • announces that it is investigating CONSOL Coal Resources LP (CCR) (NYSE: CCR ) regarding possible breaches of fiduciary duties and other violations of law related to CCRs agreement to have all of its publicly held common units acquired by CONSOL Energy Inc. (CONSOL) (NYSE: CEIX ) in an all-stock transaction valued at approximately $34.4 million.
  • To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-consol- c oal-res o ur c es-lp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .

CA Permits To Drill New Oil And Gas Production Wells Rose 160%, While New Wells Actually Drilled Plummets To 60;

Retrieved on: 
Thursday, November 19, 2020

The footage at well sitescaptured by Earthworks' Community Empowerment Project California Organizer using optical gas imaging technologymakes the pollution emitted from oil wells visible.

Key Points: 
  • The footage at well sitescaptured by Earthworks' Community Empowerment Project California Organizer using optical gas imaging technologymakes the pollution emitted from oil wells visible.
  • But permits to drill and rework wells outpaced permits to plug wells by 16% over the last nine months.
  • New and existing oil and gas production wells continue to present elevated risks of air toxics emissions.
  • "The good news is oil and gas drillers are not using their permits to drill new wells and new production has ground to a virtual halt," said Tucker.