Copperbelt

Ivanhoe Mines Announces MOU to Commence Exports of Concentrate from Kamoa-Kakula Copper Complex via Lobito Atlantic Rail Corridor

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星期三, 八月 16, 2023

The rail line linking the DRC Copperbelt to the port of Lobito, Angola is known as the "Lobito Atlantic Railway Corridor" or "Lobito Corridor".

Key Points: 
  • The rail line linking the DRC Copperbelt to the port of Lobito, Angola is known as the "Lobito Atlantic Railway Corridor" or "Lobito Corridor".
  • There is also potential for additional investment in the future as the opportunity is explored to further extend the Lobito Corridor into Zambia.
  • Up to 10,000 tonnes of copper concentrate from Kamoa-Kakula to be exported from the port in Q4 2023.
  • The MOU is the first commercial agreement under the new concession for exporting metals from the DRC using the Lobito Atlantic Rail Corridor.

Ivanhoe Mines Reports Record Quarterly Production of 103,786 Tonnes from Kamoa-Kakula Copper Complex for Q2 2023

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星期三, 七月 5, 2023

The 2023 annual production guidance for Kamoa-Kakula is maintained at between 390,000 to 430,000 tonnes of copper in concentrate.

Key Points: 
  • The 2023 annual production guidance for Kamoa-Kakula is maintained at between 390,000 to 430,000 tonnes of copper in concentrate.
  • Kamoa-Kakula's Phase 1 and 2 concentrator plants set a quarterly production record of 103,786 tonnes of copper in concentrate for Q2 2023 following the early completion of the debottlenecking program in the first quarter.
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    Kamoa-Kakula reports record quarterly production of 103,786 tonnes of copper during the second quarter of 2023, compared with 93,603 tonnes of copper in the first quarter.
  • Also during the quarter, a weekly production record of 9,710 tonnes of copper in concentrate was achieved in late April.

Arras Minerals Intercepts 603.7m @ 0.40% CuEq, Including 317.6m @ 0.55% CuEq on the Beskauga Licence, Northeastern Kazakhstan

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星期四, 五月 25, 2023

Including: 65.0 m grading 0.44g/t AuEq (0.41 g/t Au, 0.02% Cu, 0.2 g/t Ag) starting at 105.0 m depth down-hole.

Key Points: 
  • Including: 65.0 m grading 0.44g/t AuEq (0.41 g/t Au, 0.02% Cu, 0.2 g/t Ag) starting at 105.0 m depth down-hole.
  • Including: 34.0 m grading 0.30g/t AuEq (0.28 g/t Au, 0.01% Cu, 0.13 g/t Ag) starting at 243.0 m depth down-hole.
  • Mr. Tim Barry, CEO commented, “Drilling at Beskauga continues to deliver near-surface, broad intervals of significant copper-gold mineralization.
  • Drill hole also targeted deeper extension of mineralization based on the defined steep SW plunge of Beskauga Main Cu-Au mineralization.

Arras Minerals Intercepts 365m @ 0.88 % CuEq, Including 64m @ 2.62 % CuEq at the Beskauga Project, Kazakhstan

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星期一, 一月 23, 2023

Diamond drilling is ongoing at Beskauga (Figure 1) and Beskauga South (Figure 2) with further assay results expected in the coming months.

Key Points: 
  • Diamond drilling is ongoing at Beskauga (Figure 1) and Beskauga South (Figure 2) with further assay results expected in the coming months.
  • Tim Barry, CEO of Arras, commenting on these latest results, stated, “Drilling at Beskauga continues to deliver near-surface, broad intervals of significant copper-gold mineralization.
  • Bg21009: (see Figure 1) was collared outside of the area covered by the current NI-43-101 Mineral Resource Estimate for Beskauga.
  • GRK Iskander Ltd is one of the leading drilling companies in Kazakhstan, with clients including Rio Tinto, Kazzinc (Glencore), ESAN, and Kazakhmys.

Arras Minerals Announces C$3 Million Financing and Welcomes New Strategic Shareholder

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星期一, 十一月 7, 2022

Teck Resources Limited (Teck) has agreed to subscribe for 5,776,000 shares for gross proceeds of C$2,599,200 representing approximately a 9.9% interest in the Company.

Key Points: 
  • Teck Resources Limited (Teck) has agreed to subscribe for 5,776,000 shares for gross proceeds of C$2,599,200 representing approximately a 9.9% interest in the Company.
  • Arras strengthens its shareholder register welcoming Teck as a strategic shareholder.
  • Arras Minerals is very pleased to welcome Teck as a strategic shareholder.
  • Beskauga is located within the highly under-explored Bozshakol-Chingiz Volcanic Arc, which hosts KAZ Minerals Bozshakol porphyry Cu-Au mine only 130 km west of Beskauga.

Arras Minerals Reports 633m @ 1.02% CuEq, Including 187m @ 2.34% CuEq From Reassays of Historical Drillholes on the Beskauga Project in Northeastern Kazakhstan

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星期四, 十月 7, 2021

VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (Arras) is pleased to announce the results of the remaining 5 of 12 holes reassayed from the historical drilling at the Beskauga project located in northeastern Kazakhstan.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (Arras) is pleased to announce the results of the remaining 5 of 12 holes reassayed from the historical drilling at the Beskauga project located in northeastern Kazakhstan.
  • Highlights from the reassayed holes announced in this news release include:
    Hole Bg-63 633 meters of mineralization grading 1.02% CuEq (0.73g/t gold, 0.39% copper, and 1.95g/t Ag) including 187 meters grading 2.34% CuEq (1.66g/t gold, 0.92% copper, and 4.52g/t silver) from 43 meters ends in mineralization.
  • Hole Bg-97 294 meters of mineralization grading 0.54% CuEq (0.4g/t gold, 0.21% copper, and 0.62g/t Ag) ends in mineralization.
  • Hole Bg-79 47.5 meters of mineralization grading 0.57% CuEq (0.4g/t gold, 0.23% copper, and 1.78g/t Ag) AND 150.1 meters of mineralization grading 0.46% CuEq (0.27g/t gold, 0.22% copper, and 1.89g/t Ag) AND 76.3 meters of mineralization grading 0.51% CuEq (0.3g/t gold, 0.25% copper, and 0.68g/t Ag) from 44.2 meters ends in mineralization.

Arras Minerals Reports 752m @ 0.73% CuEq Including 93m @ 1.73% CuEq Starting at 46.9m From Reassays of Historical Drillholes on the Beskauga Project in Northeastern Kazakhstan

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星期二, 十月 5, 2021

Hole Bg-31 454.1 meters of mineralization grading 0.79% CuEq (0.6g/t gold, 0.28% copper, and 1.60g/t Ag) including 135 meters grading 1.58% CuEq (1.25g/t gold, 0.52% copper, and 3.03g/t silver) from 46.9 meters ends in mineralization.

Key Points: 
  • Hole Bg-31 454.1 meters of mineralization grading 0.79% CuEq (0.6g/t gold, 0.28% copper, and 1.60g/t Ag) including 135 meters grading 1.58% CuEq (1.25g/t gold, 0.52% copper, and 3.03g/t silver) from 46.9 meters ends in mineralization.
  • Hole Bg-62 694.3 meters of mineralization grading 0.40% CuEq (0.33g/t gold, 0.13% copper, and 0.72g/t Ag) from 46 meters ends in mineralization.
  • Hole Bg-36 445.3 meters of mineralization grading 0.71% CuEq (0.45g/t gold, 0.32% copper, and 1.78g/t Ag) from 51 meters - ends in mineralization.
  • Hole Bg-54 429.7 meters of mineralization grading 0.65% CuEq (0.45g/t gold, 0.32% copper, and 1.78g/t Ag) including 120.8 meters grading 1.29% CuEq (0.89g/t gold, 0.52% copper, and 2.80g/t silver) from 46.1 meters.

Maxtech Exploration Licenses Validated by the Minister of Mines

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星期四, 八月 2, 2018

Maxtech Ventures Inc. (OTC: MTEHF) (CSE: MVT)(CNSX: MVT.CN)(Frankfurt: M1N)("Maxtech" or the "Company") is pleased to announce Maxtech Mining Zambia's two large scale exploration licenses filed in Zambia have been validated by the Minister of Mines and Mineral Development of Zambia.

Key Points: 
  • Maxtech Ventures Inc. (OTC: MTEHF) (CSE: MVT)(CNSX: MVT.CN)(Frankfurt: M1N)("Maxtech" or the "Company") is pleased to announce Maxtech Mining Zambia's two large scale exploration licenses filed in Zambia have been validated by the Minister of Mines and Mineral Development of Zambia.
  • The first large-scale exploration license is for an area of interest claim in the Mukambala area within the Mkushi District of the Central Province.
  • The second area of interest is for a large-scale exploration license is in the Kabamba area within the Masaiti & Mkushi Districts of the Copperbelt and Central Provinces.
  • The exploration licenses submitted to the Minister of Mines have detailed exploration and production outlines up to 4 years covering cobalt, vanadium, nickel and copper mining rights on the areas.