LOM

Nighthawk Gold Intersects 4 Ounces Per Tonne (125.00 g/t Au) over 0.50 Metres at the Cass Deposit

Retrieved on: 
Tuesday, August 8, 2023

There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.

Key Points: 
  • There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.
  • Nighthawk does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
  • The PEA conceptual LOM plan and economic model include numerous assumptions and mineral resource estimates including Inferred mineral resource estimates.
  • Inferred mineral resource estimates are too speculative geologically to have any economic considerations applied to such estimates.

Hot Chili Commences 30,000m Drill Programme At Costa Fuego Copper-Gold Project

Retrieved on: 
Thursday, August 3, 2023

See Page 9 for complete Mineral Resource disclosure of Costa Fuego.

Key Points: 
  • See Page 9 for complete Mineral Resource disclosure of Costa Fuego.
  • The PEA is intended to be read as a whole, and sections should not be read or relied upon out of context.
  • The technical information in this news release is subject to the assumptions and qualifications contained in the PEA.
  • Management uses these statistics to assess how the Costa Fuego Project compares against its peer projects and to assess the overall effectiveness and efficiency of the contemplated mining operations.

Nighthawk Gold Announces Results from its 2023 Annual Meeting of Shareholders

Retrieved on: 
Thursday, June 22, 2023

For detailed voting results on each resolution, please refer to the Company’s Report of Voting Results filed under the Company’s profile on SEDAR at www.sedar.com .

Key Points: 
  • For detailed voting results on each resolution, please refer to the Company’s Report of Voting Results filed under the Company’s profile on SEDAR at www.sedar.com .
  • Nighthawk is a Canadian-based gold exploration and development company with 100% ownership of more than 947 km2 District Scale Property within 200 km north of Yellowknife, Northwest Territories, Canada.
  • The Colomac Gold Project PEA1 demonstrates a potential large-scale gold operation of 290,000oz/year per year over 11.2-year conceptual mine life that generates a C$1.2 billion after-tax NPV5% and 35% IRR (after taxes) based on a US$1,600/oz gold.
  • The PEA conceptual LOM plan and economic model include numerous assumptions and mineral resource estimates including Inferred mineral resource estimates.

Golden Minerals Announces Restart of Silver and Gold Mining Operations at Velardeña and Provides Update on Capital Resources

Retrieved on: 
Monday, June 5, 2023

Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it plans to restart silver-gold mining operations at its Velardeña Properties located in Durango State, Mexico, subject to the receipt of sufficient capital.

Key Points: 
  • Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it plans to restart silver-gold mining operations at its Velardeña Properties located in Durango State, Mexico, subject to the receipt of sufficient capital.
  • Warren M. Rehn, Golden’s President and Chief Executive Officer, stated, “I am very pleased to announce that Golden Minerals’ board of directors has approved plans to restart mining operations at Velardeña.
  • We anticipate that we can start mining operations with minimal initial capital of approximately $0.5 million.
  • Our internal estimate for the net operating margin at Velardeña assumes gold prices average $1,900 per ounce and silver prices average $22.50 per ounce.

Lumina Gold Announces Filing of NI 43-101 Pre-Feasibility Study Technical Report

Retrieved on: 
Thursday, June 1, 2023

VANCOUVER, BC, June 1, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce that the Company has filed on SEDAR an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the results of a Pre-Feasibility Study ("PFS") for the development of its Cangrejos gold-copper project located in southwest, Ecuador (the "Project" or "Cangrejos").

Key Points: 
  • VANCOUVER, BC, June 1, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce that the Company has filed on SEDAR an independent technical report (the "Report") prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") supporting the results of a Pre-Feasibility Study ("PFS") for the development of its Cangrejos gold-copper project located in southwest, Ecuador (the "Project" or "Cangrejos").
  • The results of the PFS were previously reported in the Company's news release dated April 17, 2023, and there are no material differences in the Report from those results.
  • The effective date of the Report is April 7, 2023.
  • The scientific and technical information contained in this news release has been reviewed and approved by Leo Hathaway, P.Geo., Senior Vice President of Lumina, who Is a Qualified Person as defined by NI 43-101.

SilverCrest Reports First Quarter 2023 Results

Retrieved on: 
Thursday, May 11, 2023

In Q1, 2023 mining rates averaged 707 tpd, slightly above the expected range of 650-700 tpd for H1, 2023.

Key Points: 
  • In Q1, 2023 mining rates averaged 707 tpd, slightly above the expected range of 650-700 tpd for H1, 2023.
  • During the quarter, SilverCrest began contract discussions with underground mining contractors, including the current contractor.
  • It is expected that metal recovered in Q2, 2023 will be similar to levels in Q1, 2023.
  • A conference call to discuss the Company's Q1, 2023 financial results will be held tomorrow Friday May 12th at 8:00 a.m. PT / 11:00 p.m.

Gold Fields partners with Osisko to develop the Windfall project in Québec, Canada

Retrieved on: 
Tuesday, May 2, 2023

JOHANNESBURG, South Africa, May 02, 2023 (GLOBE NEWSWIRE) -- Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) is pleased to announce a partnership with Osisko Mining Inc. (TSX: OSK) (Osisko) to develop and mine the world class underground Windfall Project in Québec, Canada, now known as the Windfall Mining Group (Partnership).

Key Points: 
  • JOHANNESBURG, South Africa, May 02, 2023 (GLOBE NEWSWIRE) -- Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) is pleased to announce a partnership with Osisko Mining Inc. (TSX: OSK) (Osisko) to develop and mine the world class underground Windfall Project in Québec, Canada, now known as the Windfall Mining Group (Partnership).
  • Under the Partnership structure, each of Osisko and Gold Fields respectively hold an effective 50% partnership interest in the Windfall Project and the Exploration Properties.
  • The management company will be governed by a Board of Directors comprising three directors nominated by Gold Fields and three directors nominated by Osisko.
  • The Windfall Project and the Exploration Properties comprehensively tick Gold Fields’ key portfolio management criteria.

Nighthawk Gold’s Maiden PEA: C$1.2 Billion NPV5% and 35% IRR after-taxes at US$1,600/oz Gold

Retrieved on: 
Wednesday, April 26, 2023

We strongly believe that this Project PEA is the cornerstone of what could be a major gold camp.”

Key Points: 
  • We strongly believe that this Project PEA is the cornerstone of what could be a major gold camp.”
    “We have an exciting rest of the year ahead of us.
  • In the near term, we are expecting assay results from the highly prospective Leta Arm Zone.
  • Construction is managed by EPCM then transitioned to owner-operator upon commencement of initial gold production.
  • The average estimated gold recovery is 96.3%, which is supported by the metallurgical testing5 completed by the Company.

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.

Global Graphite Market Size Projected To Grow To $25.70 Billion In 2028

Retrieved on: 
Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- Graphite is a kind of elemental carbon that is one of the few elements found in its natural state. It combines metallic and non-metallic qualities, making it ideal for a wide variety of industrial applications. It has high electrical and thermal conductivity, exceptional thermal stability, and lubricity. In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production. Via the use of refractory materials, the steel industry has historically been the driver of consumption. Robust growth for the battery industry is expected to fuel demand, depending on economic factors such as market penetration and adoption, as a growing number of countries around the world step up their efforts to encourage the production and use of green energy in order to transition towards a lower emission future in the transport and energy sectors.  A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period.  Active companies in the markets this week include: Reflex Advanced Materials Corp. (OTCQB: RFLXF) (CSE: RFLX), Tesla, Inc. (NASDAQ: TSLA), Patriot Battery Metals Inc. (OTCQX: PMETF)  (TSX-V: PMET), Syrah Resources Limited (OTCPK: SYAAF) (OTCPK: SRHYY), Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX-V: NOU).

Key Points: 
  • In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production.
  • A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period.
  • The lithium-ion battery value chain is primarily based in China, and Chinese anode suppliers have the highest installed capacities globally."
  • The proposed Uatnan Mining Project is currently one of the largest projected natural graphite productions being developed in the world.