Mining feasibility study

Lumina Gold Announces US$17M Wheaton Precious Metals Draw

Retrieved on: 
Monday, November 27, 2023
Acquisition, Engineering, Feasibility study, Mining feasibility study, Rare-earth element, Management, Lumina

VANCOUVER, BC, Nov. 27, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that under the previously announced US$300 million precious metals purchase agreement (the "PMPA") with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton"), the Company has drawn down a total of US$16.7 million.

Key Points: 
  • VANCOUVER, BC, Nov. 27, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that under the previously announced US$300 million precious metals purchase agreement (the "PMPA") with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. ("Wheaton"), the Company has drawn down a total of US$16.7 million.
  • The draw consisted of two tranches, US$10 million which was due six months after the initial draw in May 2023 and US$6.7 million related to specific pre-construction acquisition transactions.
  • Marshall Koval, CEO and Director stated: "Lumina is extremely pleased to be wrapping up resource definition and metallurgical drilling in December to support the Feasibility Study.
  • The US$10 million draw will fund our activities until the next tranche from Wheaton in May 2024 as we progress the study and engineering work."

Rio2 Limited Files Technical Report for the Fenix Gold Project

Retrieved on: 
Wednesday, October 18, 2023
Technical Report Archive & Image Library, Registered, Technical report, RIO, Feasibility study, Qualified Person Responsible For Pharmacovigilance, Mineral Resources Limited, BVL, Spondyloarthropathy, News, Disclosure, Competent person, National instrument, CAC, Mining feasibility study, Chilean, NI, HLC, Mining

VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has filed an independent technical report dated October 16, 2023, entitled “NI 43-101 Technical Report on the Feasibility Study for the Fenix Gold Project” (the “Technical Report”) pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has filed an independent technical report dated October 16, 2023, entitled “NI 43-101 Technical Report on the Feasibility Study for the Fenix Gold Project” (the “Technical Report”) pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”).
  • The Technical Report has an effective date of October 16, 2023, and supports the disclosure made by the Company in its news release dated September 5, 2023, announcing the results of the feasibility study on the Fenix Gold Project.
  • The Technical Report was compiled by Mining Plus Peru S.A.C.
  • The Technical Report is available on the Company's website at www.rio2.com, as well as under the Company's profile on SEDAR+ at www.sedarplus.com .

Lumina Gold Provides a Cangrejos Project Update

Retrieved on: 
Wednesday, October 18, 2023
Austin International School, Gold, Mining, Feasibility study, Consultant, News, Engineering, National instrument, Senior, Mining feasibility study, Employment, Qualified person (European Union), Mineral, Civil engineering, Lumina

VANCOUVER, BC, Oct. 18, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that activities at the Cangrejos project are proceeding on schedule.

Key Points: 
  • VANCOUVER, BC, Oct. 18, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that activities at the Cangrejos project are proceeding on schedule.
  • Contracts have been signed with several engineering companies for the advancement of the Feasibility Study for the Cangrejos project.
  • Several trade-off studies have been initiated in an effort to further optimize the Cangrejos project.
  • Lumina looks forward to engaging with the new administration on its Exploitation Agreement terms and Exploitation Investment Protection Agreement to support the development of Cangrejos.

Heliostar Advances Underground Mining Scenarios at the Ana Paula Project, Mexico

Retrieved on: 
Thursday, August 3, 2023
Feasibility study, Mining feasibility study, FSE, SSR Mining Inc., Economics, Orientation, PFS, Ana Paula, Sempra Metals Ltd v IRC, NPV, Gold, Mining, Metallurgy, IRR, Oil, Risk management

Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report progress on re-scoping of the current Pre-Feasibility Study ( the "PFS") at the Company's Ana Paula Project in Mexico ("Ana Paula" or the "Ana Paula Project") to evaluate potential underground mining scenarios. The Company is evaluating three underground mining scenarios, with different cut-off grades and mining rates, that are being advanced for more detailed evaluation and comparison. All three demonstrate the potential to deliver high grades early and throughout the mine life.

Key Points: 
  • Potential underground mining scenerios take advantage of the existing 412 metre long, production sized, portal and decline
    Vancouver, British Columbia--(Newsfile Corp. - August 3, 2023) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to report progress on re-scoping of the current Pre-Feasibility Study ( the "PFS") at the Company's Ana Paula Project in Mexico ("Ana Paula" or the "Ana Paula Project") to evaluate potential underground mining scenarios.
  • The Company is evaluating three underground mining scenarios, with different cut-off grades and mining rates, that are being advanced for more detailed evaluation and comparison.
  • Heliostar CEO, Charles Funk, commented, "We are quickly advancing the re-scoping of Ana Paula towards an underground mine.
  • To view an enhanced version of this graphic, please visit:
    Multiple potential mining scenarios are in review for Ana Paula.

Lumina Gold Commences Feasibility Study Fieldwork

Retrieved on: 
Wednesday, August 2, 2023
Feasibility study, Mining feasibility study, Wheaton Precious Metals, Mining, Oil, Lumina, Cangrejo Cove

VANCOUVER, BC, Aug. 2, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that it has recommenced drilling at its Cangrejos gold-copper project in southwest Ecuador.

Key Points: 
  • VANCOUVER, BC, Aug. 2, 2023 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQB: LMGDF) (the "Company" or "Lumina") is pleased to announce that it has recommenced drilling at its Cangrejos gold-copper project in southwest Ecuador.
  • The Company has initiated the approximately 8,000 metre geotechnical drill program at both the Cangrejos and Gran Bestia deposits.
  • Lumina intends to fund the Feasibility Study work and drilling from the proceeds received from Wheaton Precious Metals (see May 26, 2023 and May 16, 2023 news releases).
  • Drilling will also produce fresh material for the next round of metallurgical test work to support the Feasibility Study.

Alamos Gold Extends Gold Mineralization Beyond Mineral Reserves and Resources within Lynn Lake Project and Across Several Regional Targets Highlighting Significant Exploration Upside

Retrieved on: 
Tuesday, August 1, 2023
Feasibility study, AGI, MacLellan, QC, Resource, Burned, Lidar, Hyperaccumulators table – 2 : Nickel, Press release, ALS, News, NYSE, Alamos, Database, Mineral, TSX, Security (finance), Spectroscopy, Town, Vein, Alamos Gold, Climate change, IP, Ministry, Mining feasibility study, Gold, Environment, Mineral Resources Limited, QA/QC, McBride, Cross, Corporation, Mining, Nightclub, Road, Uranium mining, Silviculture, Printed circuit board, Rare-earth element, Granite, Wedge

Several regional exploration targets and drilling completed at Gordon over the past year and a half have not been incorporated into the 2023 Study highlighting the significant exploration upside potential.

Key Points: 
  • Several regional exploration targets and drilling completed at Gordon over the past year and a half have not been incorporated into the 2023 Study highlighting the significant exploration upside potential.
  • With another two million ounces of Mineral Resources across multiple deposits, and significant gold mineralization being intersected across a number of promising regional targets including Maynard and Tulune, we see excellent potential to continue adding Mineral Reserves to the Lynn Lake project.
  • The Lynn Lake gold project (“LLGP”) encompasses most of the east-trending, 125 km long, Paleoproterozoic Lynn Lake greenstone belt (“LLGB”) in northwestern Manitoba (Figure 1) with a total of 58,000 hectares of mineral tenure.
  • Exploration programs at the Lynn Lake Project are directed and supervised by Dean Crick, P.Geo., Alamos Gold’s Exploration Manager, Canada.

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

Retrieved on: 
Tuesday, July 25, 2023
Metal, Mineral resource estimation, Resource, Chicago Metallic Corporation, Mining feasibility study, Feasibility, QA/QC, Ventilation, Gold, Nature, Imperial Metals, National instrument, Diamond, National Instrument 43-101, TSX, Knowledge, Copper, Redstockings, Bias, News, Printed circuit board, Uranium mining, Road, Newcrest Mining, Mount Polley, The Lady in Red (Chris de Burgh song)

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.

AUGUSTA GOLD ADVANCES REWARD FEASIBILITY STUDY AND PROVIDES OPERATIONAL UPDATE

Retrieved on: 
Tuesday, June 6, 2023
Feasibility study, Bullfrog, Metallurgy, Mining feasibility study, Feasibility, Walker Lane, Gap, Sodium cyanide, Gold, Julie Cassiday, Associate, Kappes, Biophysical environment, TSX, SRK, Mining, Uranium mining, Reward

Augusta Gold is advancing completion of the final Feasibility Study on its 100% owned Reward open pit/heap leach project in the Walker Lane district of southern Nevada.

Key Points: 
  • Augusta Gold is advancing completion of the final Feasibility Study on its 100% owned Reward open pit/heap leach project in the Walker Lane district of southern Nevada.
  • Prices for goods and services have stabilized sufficiently allowing the Company to advance completion of the Feasibility Study.
  • Other contractors contributing to the Feasibility Study are Respec, Newfields, Apex Geosciences, Knight Piésold and SRK.
  • Additionally, moving forward the permitting, metallurgy and environmental studies at the Bullfrog project will help in the timely progression of making Augusta Gold a substantial Nevada gold producer."

Canagold Increases Indicated Gold Resource by 89% in Updated Mineral Resource Estimate for New Polaris Gold Project, BC

Retrieved on: 
Tuesday, May 16, 2023
Mining, Minerals, Natural Resources, Feasibility study, CANA, Note, Vein, Comparison, MT, Resource, Mining feasibility study, G&A, Multimedia, MRE, Gold, CCM, TSX, Mineral resource estimation, Uranium mining

Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (“Canagold” or the “Company”) is pleased to announce the Updated Mineral Resource Estimate for New Polaris Gold Project located approximately 100 kilometres south of Atlin, BC.

Key Points: 
  • Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) (“Canagold” or the “Company”) is pleased to announce the Updated Mineral Resource Estimate for New Polaris Gold Project located approximately 100 kilometres south of Atlin, BC.
  • View the full release here: https://www.businesswire.com/news/home/20230516005466/en/
    Underground Mineral Resource Estimate (MRE): 2.97 million tonnes (Mt)@ 11.6 grams per tonne gold (gpt Au) for 1.11 million ounces (Moz) contained gold Indicated and 0.93 Mt @ 8.93 gpt Au for 0.27 Moz contained gold Inferred.
  • The updated 2023 MRE provides the Indicated category resource required to underpin the Feasibility Study announced on October 11, 2022.
  • New Polaris - Resource Estimate, effective date: April 20, 2023 and Comparison to 2019 PEA

Tearlach Appoints David Flint as Director of the Company and President of Pan Am Lithium (Nevada) Corp; Charles Ross appointed as Interim CEO

Retrieved on: 
Friday, May 12, 2023
Lithium, Feasibility study, Gabriel, Freeport, Silver, Mining feasibility study, Freeport-McMoRan, V44, Gold, Publishing, Mining, OTC, TEA, Growth, Copper, Financial management, American Institute, Rio Tinto, Science, Geology

Charles Ross has been appointed as interim CEO.

Key Points: 
  • Charles Ross has been appointed as interim CEO.
  • With an extensive background as a metals geologist, Mr. Flint boasts over 35 years of invaluable experience.
  • Mr. Lekstrom has resigned for personal reasons as President, CEO and Director of Tearlach and will continue as a Director of Pan Am Lithium (Nevada) Corp., which holds the Gabriel Project.
  • We thank him for his contribution to the Company and wish him the best in his future endeavours.