LOM

SilverCrest Announces Results from 2021 Infill and Expansion Drilling in the Babicanora Area

Retrieved on: 
Thursday, September 9, 2021

The objective of this drilling program is to increase drill density in an area proximal to current and planned underground development.

Key Points: 
  • The objective of this drilling program is to increase drill density in an area proximal to current and planned underground development.
  • Babicanora Norte HW Vein This vein has been expanded by approximately 300 metres along strike (see 2021 Feasibility Study).
  • H2, 2021 Focus on Infill, Expansion and Exploration With infill drilling complete on Babi Vista, Splay, and Granaditas, the Company is working to complete other infill drilling on Babicanora Norte NW while transitioning to expansion and new exploration drilling within the Babicanora Area.
  • The infill drilling prioritized drilling ounces near existing infrastructure which have the potential to further de-risk and improve the current mine plan.

Polymetal: Prognoz fast-track development approval

Retrieved on: 
Thursday, August 26, 2021
Company, CAPEX, IRR, Moz, NPV, Growth, Engineering, LOM, AG, GHG, Director, The Group, AISC, Board, Polymetal, Polymetal International, Water, Iron ore, Life insurance, Mining

Polymetal announces that the Board of Directors has approved an accelerated development of the open-pit mine at Prognoz with ore processing at the Nezhda concentrator.

Key Points: 
  • Polymetal announces that the Board of Directors has approved an accelerated development of the open-pit mine at Prognoz with ore processing at the Nezhda concentrator.
  • "The decision to process ore from Prognoz at Nezhda ensures optimal allocation of human and financial capital within Polymetal.
  • Fast-track development significantly reduces CAPEX requirements and project execution risks, while bringing cash flows forward and lowering environmental footprint", said Vitaly Nesis, Group CEO of Polymetal.
  • Ore will be trucked by winter road from Prognoz to Nezhda production site (675 km) using contractors.

Cerrado Gold Reports After Tax NPV5% of US$617 Million with IRR of 94.8% in Its Updated Preliminary Economic Assessment at Its Monte do Carmo Gold Project in Brazil

Retrieved on: 
Monday, August 23, 2021
IRR, Population, Gold, Water supply, NPV, Life, Nature, Acquisition, Mining, LOM, Mineral resource estimation, MDC, NI, PEA, AISC, Health, Cerrado, Saindak Copper Gold Project, CIP, Public expenditure, Workforce, SEDAR, CEO, KV, Water, Metallurgy, Porto Nacional, Serra Alta, GOLD, Amusement arcade

Cerrado Gold Conference Call: Sep 1, 2021: 11:00 AM Eastern Time (Details below)

Key Points: 
  • Mark Brennan, CEO of Cerrado Gold, commented, "We are extremely pleased with the results of the PEA.
  • The results demonstrate the tremendous economic potential offered by the development of the Serra Alta deposit as the initial cornerstone operation at our Monte do Carmo project.
  • We continue to explore Serra Alta and regional satellite analogue deposits to determine the full potential of the Monte do Carmo gold district."
  • Total cumulative, after-tax free cash flow over the life of mine is estimated at US$762 million at a $1,600/oz gold price.

SilverCrest Reports Q2 2021 Financial Results

Retrieved on: 
Wednesday, August 11, 2021
Spend, Well, IVA, COVID-19, Engineering, Exercise, Board, LOM, Feasibility study, Bank account, Technical Report Archive & Image Library, Technical report, Forward-looking statement, RSU 1, Primary Dealer Credit Facility, PSU, Risk, Qualified person (European Union), Underground Development, CPG, Technical Service Council, Technical, Budget, News, MD, Vein, Metal, Adoption, National instrument, Remuneration, CEO, Legislation, Rehabilitation, Credit, Mining, Access, Prospectus, Company, Mission statement, Integrated Ocean Drilling Program, Consultant, View, Construction, Social Democrats (Slovenia), Resource management, Ausenco, Multimedia, Ministry of Oil and Mineral Reserves (Syria), Silvercrest, Mineral resource estimation, Maintenance, Time, SEDAR, Animal, Cryptocurrency, Rare-earth element, Tutoring

VANCOUVER, BC, Aug. 11, 2021 /PRNewswire/ -SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to report the Company's unaudited financial results for the second quarter of 2021 ("Q2, 2021").

Key Points: 
  • VANCOUVER, BC, Aug. 11, 2021 /PRNewswire/ -SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to report the Company's unaudited financial results for the second quarter of 2021 ("Q2, 2021").
  • Feasibility Study On February 2, 2021, the Company announced positive results from a feasibility study (the "Feasibility Study") for the Las Chispas Project located in Sonora, Mexico.
  • Results for this drilling are being compiled and will be released in H2, 2021.
  • Funding Position Remains Strong As at July 31, 2021, SilverCrest is well funded with cash and cash equivalents of $188.0 million (June 30, 2021 $200.4 million) and $90.0 million (June 30, 2021 $90.0 million) available under a $120.0 million project financing facility (the "Credit Facility").

SilverCrest Provides Las Chispas Construction Update

Retrieved on: 
Tuesday, August 10, 2021
Tax, LOM, Metallurgy, Vein, Qualified person (European Union), Work, Credit, Employment, Line of credit, COVID-19, Mining, Silver, Feasibility study, LTI, Legislation, Multimedia, Maintenance, Gold, Safety, Review, CPG, Figure, Time, Contract, National instrument, Mineral, Resource management, Silvercrest, COVID-19 testing, Forward-looking statement, Partnership, View, Ventilation, Ministry of Oil and Mineral Reserves (Syria), Risk, Rehabilitation, Company, G&A, Person, News, Primary Dealer Credit Facility, Geology, CEO, Project, Animal

The Company's COVID-19 prevention measures continue to be critical for construction at Las Chispas.

Key Points: 
  • The Company's COVID-19 prevention measures continue to be critical for construction at Las Chispas.
  • The Company's top priority is on the high-grade, historic Las Chispas mining district in Sonora, Mexico, where it has completed a feasibility study on the Las Chispas Project and is proceeding with mine construction.
  • SilverCrest is the first company to successfully drill-test the historic Las Chispas Property resulting in numerous high-grade precious metal discoveries.
  • These include, without limitation, statements with respect to: the strategic plans, timing and expectations for the Company's construction and exploration programs at the Las Chispas Project and the start up of production at the Las Chispas Mine by mid-2022.