CAYENNE

Wallbridge Commences Drill Program Testing New, Property-wide Exploration Targets at Fenelon

Retrieved on: 
Wednesday, March 8, 2023

In February, Wallbridge mobilized three drills to Fenelon to test some of the prospective areas surrounding the existing deposit, which are described in more detail below.

Key Points: 
  • In February, Wallbridge mobilized three drills to Fenelon to test some of the prospective areas surrounding the existing deposit, which are described in more detail below.
  • These were developed through the interpretation of combined geologic and geophysical data as well as, where present, historic drill results.
  • “In addition to drilling in the vicinity of the Fenelon deposit targeting larger step-outs on the existing zones (see March 6, 2023 Press Release), our 2023 drill program is testing various targets on a regional scale.
  • The 2023 drill program at Fenelon will focus on testing exploration targets on the property using knowledge that has been gained through the development of the Fenelon resource since discovery.

Porsche reports Q3 2022 U.S. retail sales

Retrieved on: 
Monday, October 3, 2022

Atlanta, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Porsche Cars North America, Inc. (PCNA) today announced U.S. retail deliveries in the third quarter of 2022 totaled 16,581, up 8.5 percent from the same period one year ago as supply increased amid sustained customer demand.

Key Points: 
  • Atlanta, Oct. 03, 2022 (GLOBE NEWSWIRE) -- Porsche Cars North America, Inc. (PCNA) today announced U.S. retail deliveries in the third quarter of 2022 totaled 16,581, up 8.5 percent from the same period one year ago as supply increased amid sustained customer demand.
  • Our order books are in good health across the range of Porsche models.
  • Top seller in the latest quarter was the Cayenne, which along with the Porsche 911 was up strongly from the same quarter a year earlier.
  • Porsche-approved Certified Pre-Owned (CPO) U.S. sales in the first nine months of 2022 totaled 23,743, up 9.7 percent from a year earlier.

Michelle Clancy Receives Marie R. Pistilli Women in Engineering Achievement Award

Retrieved on: 
Tuesday, June 21, 2022

The award is named for the late Marie R. Pistilli, co-founder of DAC , who placed a high value on equality, diversity, and acceptance.

Key Points: 
  • The award is named for the late Marie R. Pistilli, co-founder of DAC , who placed a high value on equality, diversity, and acceptance.
  • In 2018, for such efforts, she was honored with the Distinguished Service award from the ACM/SIGDA, of which she is a member.
  • Im truly honored to have my name associated with Marie Pistilli, a woman I admired and worked closely with for many years to create programs and events within DAC to celebrate women innovators, Clancy said.
  • The award is named for DACs former organizer, the late Marie Pistilli, who worked tirelessly to further the advancement of women in engineering.

Orea Announces $500,000 Private Placement

Retrieved on: 
Tuesday, January 18, 2022

VANCOUVER, BC, Jan. 18, 2022 /PRNewswire/ -Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG)is pleased to announce a non-brokered private placement (the "Private Placement") for gross proceeds of up to CAD$500,000.

Key Points: 
  • VANCOUVER, BC, Jan. 18, 2022 /PRNewswire/ -Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG)is pleased to announce a non-brokered private placement (the "Private Placement") for gross proceeds of up to CAD$500,000.
  • The Private Placement is for up to 4,166,667 units at a price of CAD$0.12 per unit.
  • A finder's fee of 8% payable in shares may be paid in connection with the Private Placement in accordance with the policies of the Toronto Stock Exchange (the "TSX").
  • Orea intends to use the proceeds of the Private Placement for general working capital purposes.

Orea Commences Drill Program at the Maripa Gold Project in French Guiana

Retrieved on: 
Friday, January 14, 2022

A total of 63 diamond drill holes (4,500 meters) were drilled by the French geological survey (BRGM, 1978-1998) and by IAMGOLD (2002-2004).

Key Points: 
  • A total of 63 diamond drill holes (4,500 meters) were drilled by the French geological survey (BRGM, 1978-1998) and by IAMGOLD (2002-2004).
  • Orea entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa.
  • Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.

Orea Reports that Third-Party Opposition to Renewal of Montagne d'Or Mining Titles has been Denied

Retrieved on: 
Monday, January 10, 2022

France Nature Environnement ("FNE"), has been the principal and leading NGO opponent of the Montagne d'Or gold project.

Key Points: 
  • France Nature Environnement ("FNE"), has been the principal and leading NGO opponent of the Montagne d'Or gold project.
  • Orea and the JV are awaiting a decision by the Supreme Court on whether it will admit and hear a final appeal by the French Government.
  • Montagne d'Or ore can be readily processed to recover the contained gold and silver values using unit operations considered standard to the industry.
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.

Orea Commences Preparation for a Drill Program on the Maripa Gold Project in French Guiana

Retrieved on: 
Wednesday, December 8, 2021

Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.

Key Points: 
  • Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.
  • In October-November 2020, Orea completed 8 diamond drill holes, for 1,168 meters, that tested 4 separate targets identified in the central part of the Maripa (see news release date January 27, 2021).
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.

Orea Provides Update on Suriname Gold Project

Retrieved on: 
Wednesday, December 1, 2021

The survey covered 110 square kilometers, encompassing the main open pit mining areas on the project.

Key Points: 
  • The survey covered 110 square kilometers, encompassing the main open pit mining areas on the project.
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.
  • Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.

Orea Comments on Media Reports of Lawsuit Valuing 55.01% of Montagne d'Or Gold Project at US$4.6 Billion

Retrieved on: 
Friday, October 22, 2021

According to the media reports, the two companies are owned by the family of Alexei Mordashov, often cited as Russia's wealthiest person.

Key Points: 
  • According to the media reports, the two companies are owned by the family of Alexei Mordashov, often cited as Russia's wealthiest person.
  • Orea is not obligated to make any further statements regarding this matter except as required by applicable securities laws.
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa gold exploration project.

Orea Provides Update on Appeal Status of Montagne d'Or Gold Deposit Mining Titles

Retrieved on: 
Thursday, October 7, 2021

The French Government had until September 17, 2021 to file a second and final appeal to the French Supreme Court(Conseil d'Etat).

Key Points: 
  • The French Government had until September 17, 2021 to file a second and final appeal to the French Supreme Court(Conseil d'Etat).
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.
  • Its mission is to develop gold deposits with a reduced environmental footprint using innovative technologies, upholding the highest international standards for responsible mining.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa gold exploration project.