Huckleberry

Imperial Reports 2023 Financial Results

Retrieved on: 
Friday, March 15, 2024

Revenue from the Mount Polley mine in 2023 was $233.3 million compared to $42.7 million in 2022, an increase of $190.6 million.

Key Points: 
  • Revenue from the Mount Polley mine in 2023 was $233.3 million compared to $42.7 million in 2022, an increase of $190.6 million.
  • Revenue from the Red Chris mine in 2023 was $109.8 million compared to $129.5 million in 2022, a decrease of $19.7 million.
  • The London Metals Exchange cash settlement copper price per pound averaged US$3.85 in 2023 compared to US$4.00 in 2022.
  • London Bullion Market Association, London gold price per troy ounce averaged US$1,943 in 2023 compared to US$1,801 in 2022.

EQS-News: Operational update: Record production in 2023 and promising start in 2024

Retrieved on: 
Wednesday, March 13, 2024

15,500 BOEPD

Key Points: 
  • 15,500 BOEPD
    The oil and gas production of Deutsche Rohstoff reached a new record of approx.
  • In 2023, the average oil price was USD 77.58/BBL, slightly above the price assumption of USD 75/BBL in the base scenario.
  • The completion and start of production of the 3 wells is still planned for summer 2024.
  • For the years 2024 and 2025, a total of around 2 million barrels have been hedged at around USD 75/BBL.

Imperial Drilling Intersects 162.5 Metres Grading 0.33% Copper and 1.64 g/t Silver at Whiting Creek

Retrieved on: 
Wednesday, November 1, 2023

The drill results include an intercept of 162.5 metres grading 0.33% copper and 1.64 g/t silver in hole CW-23-3B.

Key Points: 
  • The drill results include an intercept of 162.5 metres grading 0.33% copper and 1.64 g/t silver in hole CW-23-3B.
  • The first four holes CW-23-01, CW-23-02, CW-23-03B, and CW-23-04 tested Creek Zone West located about 450 metres west of Creek Zone.
  • The fifth hole, CW-23-05, was drilled about 75 metres west of the Creek Zone drill hole WC2016-02 and intersected Whiting Creek intrusive for the entire length of the hole.
  • While historic drill holes in the Creek Zone intersected copper and molybdenum within the Whiting Creek Stock, intercepts from 2023 drilling confirm that the surrounding altered volcanics can host significant copper, molybdenum and silver mineralization.

Imperial Drilling Intersects 52.6 Metres Grading 0.45% Copper and 1.29 g/t Silver at Whiting Creek

Retrieved on: 
Tuesday, September 19, 2023

The drill results include an intercept of 52.6 metres grading 0.45% copper and 1.29 g/t silver starting from the top of bedrock at a depth of 67.4 metres.

Key Points: 
  • The drill results include an intercept of 52.6 metres grading 0.45% copper and 1.29 g/t silver starting from the top of bedrock at a depth of 67.4 metres.
  • Numerous drill targets were identified and in July and August of 2023, Imperial completed 2,031 metres of diamond drilling on the Whiting Creek prospect.
  • This year’s drilling targeted an underexplored area called Creek Zone West located 450 metres west of Creek Zone drill hole WC2016-02, which intersected 222.5 metres at 0.309% copper, 0.017% molybdenum and 1.18 g/t silver in 2016.
  • The hole intersected 316.8 metres grading 0.23% copper, 0.008% molybdenum and 0.89 g/t silver from 67.4 metres, including 52.6 metres grading 0.45% copper 0.006% molybdenum and 1.29 g/t silver starting from the top of bedrock at a depth of 67.4 metres to 120 metres and 37.5 metres of 0.32% copper, 0.005% molybdenum and 1.72 g/t silver from 320.0 metres to 357.5 metres.

EQS-News: Deutsche Rohstoff AG: Update on oil & gas activities

Retrieved on: 
Thursday, June 22, 2023

The oil and gas production of the Deutsche Rohstoff Group continues to develop as planned.

Key Points: 
  • The oil and gas production of the Deutsche Rohstoff Group continues to develop as planned.
  • The current development projects Lost Springs and Huckleberry have started production.
  • Most notably, these include the Huckleberry pad drilled by Salt Creek Oil & Gas in partnership with Oxy and the Lost Springs pad drilled by subsidiary 1876 Resources (formerly Cub Creek Energy).
  • Production on the Huckleberry pad began production ("flow-back") during May slightly earlier than originally planned and will peak in the coming months.

New Energy Metals Reports Encouraging Results from Troitsa Copper Project

Retrieved on: 
Thursday, May 18, 2023

VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- New Energy Metals Corp. (TSXV: ENRG) (OTCPink: NRGYF) (“New Energy” or the “Company”) is pleased to announce positive results from its 2022 exploration program on the Troitsa Copper Project (“Troitsa” or the “Project”).

Key Points: 
  • VANCOUVER, British Columbia, May 18, 2023 (GLOBE NEWSWIRE) -- New Energy Metals Corp. (TSXV: ENRG) (OTCPink: NRGYF) (“New Energy” or the “Company”) is pleased to announce positive results from its 2022 exploration program on the Troitsa Copper Project (“Troitsa” or the “Project”).
  • "We are excited to report these positive results from our 2022 exploration program on the Troitsa Copper Project,” said Rishi Kwatra, CEO.
  • “The Main Zone has consistently shown high-grade copper mineralization, and these latest results are a testament to the significant potential of this Project."
  • New Energy is now planning further exploration and development work on the Project, with the aim of expanding the Main Zone mineralization.

Imperial Reports 2022 Financial Results

Retrieved on: 
Wednesday, March 15, 2023

Exploration, development, and capital expenditures in 2022 were $2.8 million compared to $2.1 million in 2021.

Key Points: 
  • Exploration, development, and capital expenditures in 2022 were $2.8 million compared to $2.1 million in 2021.
  • Porcher Island Gold: In 2022, a soil and rock geochemical survey was carried out over features highlighted from the 2021 LiDAR and Orthographic Survey.
  • Also carried out in 2022 was a regional geological mapping and geochemical sampling program completed over Huckleberry, Whiting Creek and select targets.
  • For additional information, refer to Imperial’s 2022 Management Discussion and Analysis Report available on imperialmetals.com and sedar.com.

First Tellurium Plans Geophysical Survey at Deer Horn in 2023

Retrieved on: 
Wednesday, January 18, 2023

Vancouver, BC, Jan. 18, 2023 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the “Company” or “First Tellurium”), reports the Company is finalizing plans to conduct induced polarization (IP) geophysics on the Deer Horn Project during the 2023 exploration season.

Key Points: 
  • Vancouver, BC, Jan. 18, 2023 (GLOBE NEWSWIRE) -- First Tellurium Corp. (CSE: FTEL, OTC FSTTF) (the “Company” or “First Tellurium”), reports the Company is finalizing plans to conduct induced polarization (IP) geophysics on the Deer Horn Project during the 2023 exploration season.
  • Deer Horn is located in West-central BC, 36 km south of the Huckleberry Cu-Mo mine and 135 km southwest of the community of Burns Lake.
  • “We’re looking forward to active seasons at both our Deer Horn and Klondike tellurium projects,” said First Tellurium President and CEO Tyrone Docherty.
  • “At Deer Horn, the combination of geophysical work, drilling and soil sampling will give us a wealth of crucial data to move the property forward.

Imperial Announces up to $53 million Non-Brokered Private Placement of Debentures

Retrieved on: 
Saturday, December 10, 2022

Interest at 10% per annum will be payable semi-annually in cash with the first payment due on June 16, 2023.

Key Points: 
  • Interest at 10% per annum will be payable semi-annually in cash with the first payment due on June 16, 2023.
  • Should the warrants not receive the requisite approvals, interest on the Debentures will increase to 12% per annum.
  • N. Murray Edwards, the largest shareholder of the Company, has advised that he intends to purchase at least $40 million of the Debentures.
  • These factors and assumptions include the assumption that the private placement of the Debentures will be completed on the announced terms and obtaining the required shareholder and regulatory approvals.

COVU Rounds Off C-Suite with Insurance Industry Icons

Retrieved on: 
Thursday, September 22, 2022

COVUs mission is to help independent insurance agents and carriers better manage risk and make smarter insurance decisions through AI-driven policy recommendations, business services and sales support.

Key Points: 
  • COVUs mission is to help independent insurance agents and carriers better manage risk and make smarter insurance decisions through AI-driven policy recommendations, business services and sales support.
  • The U.S. insurance industry is progressively falling behind, so weve designed and implemented a unique end-to-end experience to make insurance more convenient and affordable for consumers and more profitable for agencies, said Safavi, chief executive officer, COVU.
  • Valinotti brings nearly 30 years of insurance leadership experience to the COVU team after successful careers at AIG, GEICO, and most recently as the chief insurance officer at Huckleberry.
  • Plasencia comes to COVU after scaling several startups, including insurtech unicorn wefox , alongside COVUs chief insurance officer Tasaos Chatzimichailidis.