Strategic environmental assessment

NorthWest Copper Activist Group Refuses to Address Five Key Shareholder Concerns

Retrieved on: 
Monday, August 28, 2023

After that, the Activist Group will look for additional directors with experience.

Key Points: 
  • After that, the Activist Group will look for additional directors with experience.
  • The Activist Group has stated that if elected, it intends to use the Company’s treasury to reimburse itself for its proxy fight expenses.
  • The Activist Group has not named anyone to replace Mr. Moore or any other member of NorthWest’s management team.
  • NorthWest believes that Mr. Ianno is part of the Activist Group and has filed a complaint with the BC Securities Commission about this undisclosed relationship.

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.

First Mining Completes Development Drilling and Expands Mineralization Potential at Springpole with SW Extension Zone

Retrieved on: 
Wednesday, April 12, 2023

Drilling in the southwest area of the Springpole Deposit has identified additional mineralization ("SW Extension Zone") which extends beyond the ore zone boundary as defined in the 2021 Pre-Feasibility Study ("PFS Pit"), allowing for extension of the deposit continuity outside the current mineral resource area.

Key Points: 
  • Drilling in the southwest area of the Springpole Deposit has identified additional mineralization ("SW Extension Zone") which extends beyond the ore zone boundary as defined in the 2021 Pre-Feasibility Study ("PFS Pit"), allowing for extension of the deposit continuity outside the current mineral resource area.
  • "Our team at First Mining had always understood there was more potential to the current resource at Springpole and are encouraged by these results.
  • Drilling within the area of the southwest PFS pit wall intersected an extension of the mineralization outside of the PFS ore zone and mineral resource area.
  • During the 2021 development drilling campaign, two holes targeting the southwest wall of the PFS pit for geotechnical purposes intersected gold and silver mineralization outside of the PFS ore zone, highlighting a potential extension of the Springpole Deposit.

Fission Announces Tier 1 Economics for PLS with Feasibility Study: Lower Initial CAPEX, Increased Mine Life, NPV and IRR

Retrieved on: 
Tuesday, January 17, 2023

These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").

Key Points: 
  • These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").
  • Of additional note, initial CAPEX is marginally lower (~2%) than the PFS for a total of $1.155B – a remarkable achievement given current global inflation.
  • The results confirm the economic strength of the PLS project as well as its minimal environmental footprint.
  • With nuclear energy and the uranium sector strengthening year on year, Fission is ideally positioned to continue developing PLS through the environmental assessment and licensing phase.