The Lady in Red (Chris de Burgh song)

Trailbreaker Resources Provides Update on Company Activities

Retrieved on: 
Wednesday, November 8, 2023

VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to provide a company update on exploration activities during the 2023 field season, and on our continued efforts to build shareholder value.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to provide a company update on exploration activities during the 2023 field season, and on our continued efforts to build shareholder value.
  • As well, the technical team is actively engaged in conducting project generation to bring new highly prospective properties into the Trailbreaker portfolio.
  • Trailbreaker intends to carry the momentum from this year’s activities into 2024, and to continue to build on the 2023 exploration successes.
  • Trailbreaker and Teck Resources Ltd. retain a combined 2% net smelter return (NSR) royalty on these claims.

Imperial Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023

VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis.
  • Total revenue was $78.5 million in the September 2023 quarter compared to $41.7 million in the 2022 comparative quarter.
  • The London Metals Exchange cash settlement copper price per pound averaged US$3.79 in the September 2023 quarter compared to US$3.51 in the 2022 comparative quarter.
  • In CDN Dollar terms the average copper price in the September 2023 quarter was CDN$5.08 per pound compared to CDN$4.59 per pound in the 2022 comparative quarter, and the average gold price in the September 2023 quarter was CDN$2,587 per ounce compared to CDN$2,258 per ounce in the 2022 comparative quarter.

Imperial Reports Production Update for 2023 Third Quarter

Retrieved on: 
Tuesday, October 17, 2023

VANCOUVER, British Columbia, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.
  • Imperial’s production for the third quarter was 12,182,493 pounds copper and 14,335 ounces gold, of which 8,056,570 pounds copper and 11,321 ounces gold were produced at Mount Polley and 4,125,923 pounds copper and 3,014 ounces gold from Imperial’s 30% share of Red Chris mine production.
  • Copper production for the quarter was up 9%, largely from increased production at Mount Polley while gold production was virtually the same compared to the previous quarter with increased production at Mount Polley offsetting lower gold production at Red Chris.
  • Red Chris copper and gold production (100%) for the quarter was 13,753,075 pounds copper and 10,048 ounces gold, compared to 13,729,195 pounds copper and 13,680 ounces gold in the previous quarter.

Tahltan Nation Development Corporation Takes Over Fuel Service Operations at Dease Lake Airport

Retrieved on: 
Wednesday, August 30, 2023

DEASE LAKE, British Columbia, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Tahltan Nation Development Corporation (TNDC) is pleased to announce it is now the fuel service provider at the Dease Lake Airport (CYDL).

Key Points: 
  • DEASE LAKE, British Columbia, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Tahltan Nation Development Corporation (TNDC) is pleased to announce it is now the fuel service provider at the Dease Lake Airport (CYDL).
  • The Dease Lake Airport is a vital community resource in health and emergency operations as well as a central access point for the exploration/mining industry in British Columbia’s Golden Triangle.
  • In addition to fuel operations, TNDC Airport Services is responsible for inspections, maintenance and ongoing operations of the airport, including snow and brush clearing, runway friction tests, runway sweeping, grounds maintenance, passenger and ground handling, and de-icing of aircraft.
  • “Assuming fuel operations at CYDL is another milestone in TNDC’s goal to provide all aspects of airport services at the Dease Lake Airport.

Imperial Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023

Total revenue was $85.8 million in the June 2023 quarter compared to $36.4 million in the 2022 comparative quarter.

Key Points: 
  • Total revenue was $85.8 million in the June 2023 quarter compared to $36.4 million in the 2022 comparative quarter.
  • The London Metals Exchange cash settlement copper price per pound averaged US$3.85 in the June 2023 quarter compared to US$4.32 in the 2022 comparative quarter.
  • In CDN Dollar terms the average copper price in the June 2023 quarter was CDN$5.17 per pound compared to CDN$5.52 per pound in the 2022 comparative quarter, and the average gold price in the June 2023 quarter was CDN$2,657 per ounce compared to CDN$2,391 per ounce in the 2022 comparative quarter.
  • Mount Polley metal production for the second quarter of 2023 was 7,062,836 pounds copper and 10,185 ounces gold, compared to 6,678,094 pounds copper and 9,980 ounces gold produced during the first quarter of 2023.

Imperial Reports Production and Red Chris Exploration Update for 2023 Second Quarter

Retrieved on: 
Tuesday, July 25, 2023

VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.

Key Points: 
  • VANCOUVER, British Columbia, July 24, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.
  • The Red Chris Block Cave Feasibility Study is expected to be completed in the second half of 2023.
  • The exploration program at Red Chris is focused on the discovery of additional zones of higher-grade mineralization within the Red Chris porphyry corridor.
  • Jim Miller-Tait, P.Geo., Imperial Metals Vice President Exploration, is the designated Qualified Person as defined by National Instrument 43-101 for the Red Chris exploration program and has reviewed this news release.

Imperial Agrees to Issue up to $35 Million of Non-Convertible Debentures

Retrieved on: 
Saturday, June 17, 2023

The proceeds from the Private Placement are intended to be used to fund the operation and development at the Red Chris mine and for general working capital purposes.

Key Points: 
  • The proceeds from the Private Placement are intended to be used to fund the operation and development at the Red Chris mine and for general working capital purposes.
  • N. Murray Edwards has agreed to purchase up to $21,000,000 of the Debentures.
  • In addition, directors and officers of the Company have agreed to purchase up to $1,200,000 of the Debentures.
  • Such participation is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”) Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

Tahltan Nation Development Corporation’s Aviation Partner - Central Mountain Air Signs Agreement With Newcrest to Provide Air Transportation of Mine Crews

Retrieved on: 
Wednesday, June 14, 2023

DEASE LAKE, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- The Tahltan Nation Development Corporation (TNDC) is pleased to announce that its aviation partner, Central Mountain Air (CMA) has secured a new five year-agreement with Newcrest Mining Limited (Newcrest) to provide air transportation for their Red Chris mine crews.

Key Points: 
  • DEASE LAKE, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) -- The Tahltan Nation Development Corporation (TNDC) is pleased to announce that its aviation partner, Central Mountain Air (CMA) has secured a new five year-agreement with Newcrest Mining Limited (Newcrest) to provide air transportation for their Red Chris mine crews.
  • TNDC’s goal is to be the Indigenous Partner of Choice – an integrated full-service provider and trusted partner to our clients.
  • Air charter services is critical to Newcrest’s operations, and we are pleased our aviation partner, Central Mountain Air continues to provide air charter services to this important client.
  • “Central Mountain Air looks forward to a lasting, meaningful, and respectful relationship with the Tahltan Nation.

Alpha Copper Announces Results of Magnetic 3D Inversion Study at the Star Project

Retrieved on: 
Thursday, May 18, 2023

“The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha.

Key Points: 
  • “The results of the magnetic inversion study are consistent with the known extent of the mineralized system at the Star target to date,” stated Darryl Jones, CEO of Alpha.
  • The 3D magnetic inversion was completed using high-resolution aeromagnetic data acquired during a 2013 heli-borne magnetic survey at 100 metre flight line spacing.
  • Plan-view of the Star Project mineral tenure with magnetic 3D modelled isosurfaces and predefined target areas shown is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/95d23e11-0ebc-4778-b... .
  • The pink isosurfaces are the resultant coarse 3D inversion, and the teal isosurfaces show the results of a more detailed modelled 3D inversion.

Metallic Minerals Announces $6.3 Million Strategic Equity Investment by Newcrest Mining

Retrieved on: 
Wednesday, May 10, 2023

Vancouver, BC, May 10, 2023 - (ACN Newswire) - Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited ("Newcrest") in the form of a non-brokered private placement, with the goal of advancing the Company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA.

Key Points: 
  • Vancouver, BC, May 10, 2023 - (ACN Newswire) - Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited ("Newcrest") in the form of a non-brokered private placement, with the goal of advancing the Company's La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA.
  • This represents a 13% premium to the 20-day volume weighted average price of Metallic Minerals' shares on the TSX-V on May 9, 2023.
  • Each full warrant shall entitle Newcrest to purchase one common share at an exercise price of $0.55, providing $6.5 million in additional funding, if exercised.
  • Metallic Minerals President, Scott Petsel, stated, "This is a transformational period for Metallic Minerals and the La Plata project.