Technical report

Lumina Gold Announces Positive Cangrejos Pre-Feasibility Study; US$2.2 Billion NPV, 26 Year Mine Life and Production of 371,000 Gold Ounces Per Year and 41 Million Pounds of Copper Per Year

Retrieved on: 
Monday, April 17, 2023

The PFS demonstrates further improvements upon the Company's two prior preliminary economic assessments for the Project, with the latest being the 2020 Preliminary Economic Assessment (the "2020 PEA").

Key Points: 
  • The PFS demonstrates further improvements upon the Company's two prior preliminary economic assessments for the Project, with the latest being the 2020 Preliminary Economic Assessment (the "2020 PEA").
  • We believe that this is one of the best gold and copper development assets globally based on its surrounding infrastructure, scale and multi-decade mine life."
  • The PFS was initiated in 2022 and was produced by a team of independent consultants that possess extensive expertise in their respective fields.
  • Base case economics were calculated using a gold price of $1,650 per ounce, copper price of $3.75 per pound and a silver price of $20.00 per ounce.

Osino Drills 109m @ 2.30g/t Gold at Ondundu Gold Project, Namibia, Best Intercept in Company History

Retrieved on: 
Monday, April 17, 2023

VANCOUVER, British Columbia, April 17, 2023 (GLOBE NEWSWIRE) -- Osino Resources Corp. (TSXV:OSI) (FSE:RSR1) (OTCQX:OSIIF) ("Osino” or “the Company”) is pleased to provide an update on the recently completed infill and scissor hole drill programs at the Ondundu Gold Project (“Ondundu” or “the Project”) including the best intercepts recorded in the Company’s history.

Key Points: 
  • intercepts are constrained at 0.4g/t cut-off, minimum 2m wide and no more that 2m internal dilution.
  • The GM number indicated by color coding in Figure 1 is a commonly used short-hand method of representing gold grade (g/t) and unconstrained intercept width (m) as a single metric by multiplying the average intercept grade with the intercept width.
  • The main geological feature in the project area is the low amplitude Ondundu anticline, a major north-trending
    antiformal fold which plunges approximately 30° to the south.
  • Parasitic folds within the regional anticline have
    concentrated gold mineralization mainly in conformable (bedding parallel) veins.

Radisson files NI 43-101 for the O’Brien gold project Resource Estimate on SEDAR

Retrieved on: 
Monday, April 17, 2023

Total Indicated ounces at a 4.5 g/t Au cut-off grade have increased by 58% compared to the previous resource estimate.

Key Points: 
  • Total Indicated ounces at a 4.5 g/t Au cut-off grade have increased by 58% compared to the previous resource estimate.
  • This increase is very positive since the majority of the Indicated ounces added have been defined within the same vertical footprint as the previous resource estimate.
  • Furthermore, total Inferred ounces at a 4.5 g/t Au cut-off grade have increased by 167% compared to the previous resource estimate.
  • The Mineral Resource estimate is based on 1,079 drill holes representing 299,200 m of drilling, and 120,352 assay samples.

International Lithium Files Lithium and Rubidium Mineral Resource Estimates for the Raleigh Lake Lithium Project, Ontario, Canada

Retrieved on: 
Thursday, April 13, 2023

The two MREs are closely related due to their spatial relationships, but their respective resource estimates are considered separate and unique.

Key Points: 
  • The two MREs are closely related due to their spatial relationships, but their respective resource estimates are considered separate and unique.
  • The Report, "NI 43-101 TECHNICAL REPORT AND MINERAL RESOURCE ESTIMATE FOR THE RALEIGH LAKE LITHIUM PROJECT, IGNACE, ONTARIO" is available on SEDAR.
  • In addition, the Company seeks to further define the value that could be realized from the rubidium resource through market studies.
  • We are also very pleased that we have been able to declare a separate resource estimate for rubidium as well as lithium.

Heliostar Files Updated Pre-Feasibility Study to Support Ana Paula Acquisition

Retrieved on: 
Thursday, April 6, 2023

The updated PFS, effective February 28, 2023, reflects current metal prices and input costs.

Key Points: 
  • The updated PFS, effective February 28, 2023, reflects current metal prices and input costs.
  • Heliostar CEO, Charles Funk, comments "Updating the Pre-feasibility study was a key document required be the securities exchange for approval of the Company's acquisition of the Ana Paula deposit.
  • Heliostar has acquired Ana Paula with an initial focus on the High-Grade Panel within the core of the orebody.
  • The after-tax NPV (5%) of the Ana Paula Project is estimated at $278.6M with a projected after-tax IRR of 30.5%.

Ivanhoe Mines Reports Q1 2023 Production of 93,603 Tonnes of Copper from Kamoa-Kakula Copper Complex

Retrieved on: 
Wednesday, April 5, 2023

Ivanhoe Mines maintains its 2023 annual production guidance for Kamoa-Kakula at between 390,000 to 430,000 tonnes of copper in concentrate.

Key Points: 
  • Ivanhoe Mines maintains its 2023 annual production guidance for Kamoa-Kakula at between 390,000 to 430,000 tonnes of copper in concentrate.
  • Kamoa-Kakula produced 93,603 tonnes of copper during the first quarter of 2023, compared to 92,761 tonnes of copper in the fourth quarter of 2022.
  • The operation mined 2.0 million tonnes of ore grading 5.2% copper in Q1 2023, which was comprised of 1.8 million tonnes grading 5.6% copper from the Kakula mine, including 0.8 million tonnes grading 6.7% copper from the mine's high-grade centre.
  • Kamoa-Kakula's Phase 1 and 2 concentrators set a monthly production record of 34,915 tonnes of copper in concentrate during March 2023.

Broadway Strategic Metals Signs Binding Agreement to Merge with Rossiter Mining

Retrieved on: 
Friday, March 31, 2023

Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Broadway Strategic Metals Inc. (the "Company" or "BSM") and Rossiter Mining Corp. ("Rossiter") are pleased to announce the signing of a binding Letter of Intent ("LOI") for a merger of the two companies.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 31, 2023) - Broadway Strategic Metals Inc. (the "Company" or "BSM") and Rossiter Mining Corp. ("Rossiter") are pleased to announce the signing of a binding Letter of Intent ("LOI") for a merger of the two companies.
  • The final structure for the transaction will be subject to satisfactory tax, corporate and securities law advice for both the BSM and Rossiter.
  • The resulting entity, to be known as Broadway Strategic Metals ("Broadway"), plans to apply to list its shares on the Canadian Securities Exchange ("CSE").
  • Broadway's main asset is its well mineralized district-scale mining concessions in the Republic of Panama, located immediately adjacent to First Quantum's Cobre Panama Copper-Gold Mine property.

Gatos Silver Provides Bi-Weekly Status Report

Retrieved on: 
Friday, April 14, 2023

VANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders (“NP 12-203”).

Key Points: 
  • VANCOUVER, British Columbia, April 14, 2023 (GLOBE NEWSWIRE) -- Gatos Silver, Inc. (NYSE/TSX: GATO) (“Gatos Silver” or the “Company”) is providing this bi-weekly default status report in accordance with National Policy 12-203 - Management Cease Trade Orders (“NP 12-203”).
  • The Company will provide an update on such amendments and filings on April 17, 2023.
  • The Company is continuing to assess the impact of these material weaknesses and whether any other material weaknesses exist.
  • Pursuant to NP 12-203, the Company must file bi-weekly status reports in the form of further news releases during the period from the Notice until the MCTO is revoked.

Lomiko Reports 195% Increase in Indicated Graphite Resource: La Loutre Estimate of 68.2 million tonnes of Indicated Mineral Resource Averaging 4.50% Cg per tonne

Retrieved on: 
Thursday, April 13, 2023

The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo.

Key Points: 
  • The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo.
  • These mineral resources are not mineral reserves as they do not have demonstrated economic viability.
  • The mineral resource estimate follows current CIM Definitions (2014) and CIM MRMR Best Practice Guidelines (2019).
  • The mineral resource estimate is pit-constrained with a bedrock slope angle of 45° and an overburden slope angle of 30°.

ValOre Files Technical Report for the Angilak Property, Nunavut Territory, Canada and Applies for Option and Warrant Repricing

Retrieved on: 
Thursday, April 13, 2023

VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the filing a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's Angilak Property (“Angilak”), titled "NI 43-101 Technical Report for the Angilak Property, Kivalliq Region, Nunavut, Canada" (the "Technical Report") and dated March 31, 2023 (with an effective date of March 1, 2023).

Key Points: 
  • VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) -- ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTCQB: KVLQF; Frankfurt: KEQ0, “the Company”) today announced the filing a technical report, in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), for the Company's Angilak Property (“Angilak”), titled "NI 43-101 Technical Report for the Angilak Property, Kivalliq Region, Nunavut, Canada" (the "Technical Report") and dated March 31, 2023 (with an effective date of March 1, 2023).
  • The Technical Report was prepared and compiled for ValOre Metals Corp. and Labrador Uranium by independent representatives of APEX Geoscience Ltd., Michael B. Dufresne, and Philo Schoeman, each of whom is a "qualified person" (within the meaning of NI 43-101).
  • The Technical Report supersedes the prior technical report on the Project dated March 1, 2013, and was completed as a part of the March 14, 2023 Definitive Agreement to sell 100% interest in Angilak to Labrador Uranium.
  • See schedule of the proposed number of options and warrants and respective exercise prices and expiration dates below.