Tarqui

Luminex Announces US$7M Orquideas Earn-in with JOGMEC

Retrieved on: 
Thursday, December 30, 2021
Safety, TSX Venture Exchange, Industry, IAS 16, Condor, BHP, Engineering, Silver, Health, Ownership, Forward-looking statement, Company, Fruta del Norte mine, Molybdenum, IA, Nature, Gold, News, Risk, CEO, Tarqui, Exercise, OTCQX, Anglo-Americans, Japan Oil, Gas and Metals National Corporation, LR, Mining, JOGMEC, Copper, Phrase, Bookkeeping, BC, Luminex, Orquideas Susurrantes, Pegasus

JOGMEC has the right to earn a 70% ownership interest in Orquideas by investing an aggregate US$7 million between now and March 31, 2026.

Key Points: 
  • JOGMEC has the right to earn a 70% ownership interest in Orquideas by investing an aggregate US$7 million between now and March 31, 2026.
  • Luminex and JOGMEC will work to conclude a definitive agreement in due course.
  • Luminex will manage and operate the exploration programs for Orquideas and will receive a management fee based on expenses.
  • Orquideas is a porphyry copper and molybdenum mineralized system hosted in phases of the mid Jurassic Zamora Batholith.

Luminex Announces Granting of Options

Retrieved on: 
Thursday, November 25, 2021
News, Consultant, Company, LR, Tarqui, Gold, Anglo-Americans, TSX Venture Exchange, Dakota Territory Resource Corp, BHP, OTCQX, Condor, Information International, Inc., Luminex, Mining

The options are exercisable at a price of $0.51 per share and will expire on November 25, 2026.

Key Points: 
  • The options are exercisable at a price of $0.51 per share and will expire on November 25, 2026.
  • 1,357,000 of the options will vest in three equal parts over the first two years after grant and 30,000 options (the "First Globe Options") will vest in four equal parts over the first two years after grant.
  • The Company has compensated First Globe for its services by granting the First Globe Options described above.
  • First Globe does not otherwise have any relationship with or hold any securities of the Company, except for previously granted stock options.

Luminex Announces Initial Tarqui Drill Results and BHP Work Plan

Retrieved on: 
Monday, October 18, 2021
Risk, View, LR, Maximal and minimal elements, Anglo-Americans, Industry, Senior, Jurassic, Laboratory, Engineering, Condor, Gold, Mining, Tarqui, Multimedia, Health, ALS, News, TSX Venture Exchange, OTCQX, Nature, Phrase, Forward-looking statement, Company, BHP, ICP-MS, Safety, Copper, National instrument, Granite

TARQ1D intercepted from surface a potassic-altered granodiorite stock intruded by minor porphyry dikes with lesser propylitic alteration and patchy clay.

Key Points: 
  • TARQ1D intercepted from surface a potassic-altered granodiorite stock intruded by minor porphyry dikes with lesser propylitic alteration and patchy clay.
  • TARQ3D intercepted clay-altered granodiorite with minor porphyry dikes, transitioning to potassic alteration at depth with chalcopyrite and molybdenite mineralization.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.
  • Such forward-looking statements or information include, but are not limited to, statements regarding future drilling and work programs during BHP's FY2022.

Luminex Announces Anglo American Pegasus Joint Venture Update

Retrieved on: 
Monday, September 27, 2021
Rolls-Royce Pegasus, News, Nature, Risk, Luminex, Health, TSX Venture Exchange, Engineering, BHP, LR, Molybdenum, Ownership, Phrase, Anglo-Americans, Industry, Company, Condor, Mining, COVID-19, Gold, Work, Forward-looking statement, Safety, Copper, Anglo American plc, Tarqui, OTCQX, Cryptocurrency

VANCOUVER, BC, Sept. 27, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce receiving its 2021 cash payment of US$500,000 from Anglo American PLC ("Anglo American").

Key Points: 
  • VANCOUVER, BC, Sept. 27, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce receiving its 2021 cash payment of US$500,000 from Anglo American PLC ("Anglo American").
  • This payment combined with the US$12.9 million of cumulative spending as of June 30, 2021 gives Anglo American a 25% ownership stake in Pegasus A and B under the earn-in agreement.
  • Anglo American returned to the field in September 2021, after team members were vaccinated and strict COVID-19 protocols were established.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.

Luminex Discovers a New Porphyry Copper Target at Cascas

Retrieved on: 
Friday, September 24, 2021
Soil, News, Anomaly, Selective dissemination of information, Qualified person (European Union), TSX Venture Exchange, Multimedia, BHP, LR, Molybdenum, Senior, Anglo-Americans, Company, Condor, Gold, View, National instrument, Copper, Tungsten, Geology, Tarqui, OTCQX, Rare-earth element, Granite, Mining

VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce the discovery of a new porphyry copper target: Hapa, located in the northwestern part of the Company's 100% owned Cascas property.

Key Points: 
  • VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") is pleased to announce the discovery of a new porphyry copper target: Hapa, located in the northwestern part of the Company's 100% owned Cascas property.
  • The Hapa target is situated 3 km to the northwest of the Shakai porphyry copper centre and was first recognized by company geologists while executing a 200m x 300m grid soil sample survey.
  • To date, rock chip and channel samples along creeks have assayed as high as 1.29% copper and 0.33% molybdenum.
  • Luminex interprets that a porphyry copper intrusion is located underneath the geochemically anomalous area of Hapa indicating good preservation of the phyllic and underlying potassic alteration zones and the potential for secondary copper enrichment.

Luminex Announces Results of Shareholder Meeting

Retrieved on: 
Tuesday, September 21, 2021
News, Luminex, TSX Venture Exchange, Meeting, BHP, LR, Anglo-Americans, Company, Condor, Gold, Remuneration, Tarqui, OTCQX, Mining

VANCOUVER, BC, Sept. 21, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") announces the results of its annual general meeting of shareholders held on September 21, 2021 in Vancouver (the "Meeting").

Key Points: 
  • VANCOUVER, BC, Sept. 21, 2021 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF)(the "Company" or "Luminex") announces the results of its annual general meeting of shareholders held on September 21, 2021 in Vancouver (the "Meeting").
  • Luminex Resources Corp. (TSXV:LR, OTCQX:LUMIF) is a Vancouver, Canada based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.
  • Luminex's inferred and indicated mineral resources are located at the Condor Gold-Copper project in Zamora-Chinchipe Province, southeast Ecuador.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.

Luminex Resources Announces C$10 Million Private Placement

Retrieved on: 
Wednesday, April 21, 2021
States and territories of Australia, Companies, Mining, Tarqui, Luminex, Zamora, BHP

The Offering is scheduled to close on or about May 12, 2021 the (\xe2\x80\x9cClosing Date\xe2\x80\x9d), and is subject to certain conditions customary for transactions of this nature, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

Key Points: 
  • The Offering is scheduled to close on or about May 12, 2021 the (\xe2\x80\x9cClosing Date\xe2\x80\x9d), and is subject to certain conditions customary for transactions of this nature, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
  • Luminex\xe2\x80\x99s inferred and indicated mineral resources are located at the Condor Gold-Copper project in Zamora-Chinchipe Province, southeast Ecuador.
  • The Company is currently drilling its 100% owned Cascas project.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.\n'

Luminex Announces Results of Shareholder Meeting

Retrieved on: 
Thursday, September 10, 2020
States and territories of Australia, Companies, Mining, Luminex, Tarqui, Zamora, Ecuador, BHP, Zamora-Chinchipe Province, Ecuador

VANCOUVER, BC, Sept. 10, 2020 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") announces the results of its annual general meeting of shareholders held on September 10, 2020 in Vancouver (the "Meeting").

Key Points: 
  • VANCOUVER, BC, Sept. 10, 2020 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") announces the results of its annual general meeting of shareholders held on September 10, 2020 in Vancouver (the "Meeting").
  • Luminex Resources Corp. (TSXV:LR; OTCQX: LUMIF) is a Vancouver, Canada based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.
  • Luminex's inferred and indicated mineral resources are located at the Condor Gold-Copper project in Zamora-Chinchipe Province, southeast Ecuador.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.

Luminex Resources Announces Closing of C$13 Million Private Placement

Retrieved on: 
Wednesday, June 24, 2020
Luminex, Zamora, Ecuador, Ecuador, Zamora-Chinchipe Province, Zamora Canton, Tarqui, Countries, Union of South American Nations, Americas

VANCOUVER, British Columbia, June 24, 2020 (GLOBE NEWSWIRE) -- Luminex Resources Corp. (TSXV: LR) (the Company or Luminex) is pleased to announce the closing of its previously announced private placement financings (refer to the Companys press releases dated June 3, 2020 and June 5, 2020) to raise an aggregate of C$13 million (the Offering).

Key Points: 
  • VANCOUVER, British Columbia, June 24, 2020 (GLOBE NEWSWIRE) -- Luminex Resources Corp. (TSXV: LR) (the Company or Luminex) is pleased to announce the closing of its previously announced private placement financings (refer to the Companys press releases dated June 3, 2020 and June 5, 2020) to raise an aggregate of C$13 million (the Offering).
  • Luminex Resources Corp. (TSXV:LR) is a Vancouver, Canada based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.
  • Luminexs inferred and indicated mineral resources are located at the Condor Gold-Copper project in Zamora-Chinchipe Province, southeast Ecuador.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.

Luminex Resources Announces Upsized C$13 Million Private Placement

Retrieved on: 
Friday, June 5, 2020
Luminex, Ecuador, Countries, Zamora-Chinchipe Province, Zamora Canton, Tarqui, Union of South American Nations, Americas

The Company expects certain related parties as defined in Multilateral Instrument 61-101 ("MI 61-101") to participate in the Offering.

Key Points: 
  • The Company expects certain related parties as defined in Multilateral Instrument 61-101 ("MI 61-101") to participate in the Offering.
  • Luminex Resources Corp. (TSXV:LR) is a Vancouver, Canada based precious and base metals exploration and development company focused on gold and copper projects in Ecuador.
  • Luminexs inferred and indicated mineral resources are located at the Condor Gold-Copper project in Zamora-Chinchipe Province, southeast Ecuador.
  • Luminex also holds a large and highly prospective land package in Ecuador, including the Tarqui and Pegasus projects, which are being co-developed with BHP Group plc and Anglo American respectively.