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SOURCE ROCK ROYALTIES ANNOUNCES Q3 2024 RESULTS INCLUDING ITS THIRD CONSECUTIVE QUARTER OF RECORD ROYALTY PRODUCTION, by @newswire

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE U.S./

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Q3 2024 Highlights:

• Record quarterly royalty production of 257 boe/d (94% oil and NGLs), an increase of 13% over Q3 2023.
• Quarterly royalty revenue of $1,987,999, a decrease of 2% over Q3 2023.
• Quarterly adjusted EBITDA² of $1,670,376 ($0.037 per share), a decrease of 4% (5% per share) over Q3 2023.
• Quarterly funds from operations² of $1,477,458 ($0.032 per share), a decrease of 5% (6% per share) over Q3 2023.
• Declared $0.0195 per share in dividends, resulting in a payout ratio² of 60%.
• Achieved an operating netback² of $70.65 per boe and a corporate netback² of $62.49.
• Ended Q3 2024 with cash and cash equivalents of $3,865,103 ($0.09 per share).

Nine Months Ended September 30, 2024 Highlights:

• Royalty production of 250 boe/d (95% oil and NGLs), an increase of 22% over 2023.
• Royalty revenue of $5,818,341, an increase of 18% over 2023.
• Adjusted EBITDA² of $5,107,116 ($0.113 per share), an increase of 20% (19% per share) over 2023.
• Funds from operations² of $4,482,413 ($0.099 per share), an increase of 12% (11% per share) over 2023.
• Declared $0.057 per share in dividends, resulting in a payout ratio² of 58%.
• Achieved an operating netback² of $74.26 per boe and a corporate netback² of $65.18.

LUCA POSTS US$11.4 MILLION EBITDA FOR FIRST NINE MONTHS OF 2024, by @newswire

VANCOUVER, BC, Nov. 27, 2024 /CNW/ - Luca Mining Corp. ("Luca" or the "Company") (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) reports…

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Highlights

• Despite several planned and unplanned mill shutdowns this quarter at both operations for testing and adjustments as part of the optimization and ramp up process, Q3 generated a positive mine operating profit of US$1.7 million and US$8.0 million over the first nine months.
• EBITDA¹ was negative for Q3 coming in at (US$1.1 million). EBITDA for the nine months ended September 30, 2024, was US$11.4 million, a 396% increase over the same period last year.
• Net quarterly revenue for Q3 2024 was US$18.1 million, up 60% from the same period last year. Total net revenue for the nine months ended September 30, 2024, was US$52.6 million.
• Mine operating cash flow before taxes was US$2.4 million in the third quarter and US$9.8 million over the first nine months.
• Production of 11,988 oz of gold equivalent during Q3 comprising 3,604 oz gold, 158,778 oz silver, 5,876,385 lbs zinc, 1,817,924 lbs copper, and 1,141,934 lbs lead. Over the nine months ended September 30, 2024, the Company produced 40,083 oz of gold equivalent.
• The Campo Morado Improvement Project ("CMIP") continues to make excellent progress. The aim of the CMIP is to ensure reliable, efficient and steady plant operation for years to come. Our near-term objective of achieving 2,000 tpd throughput is on track. Copper recoveries remain strong and are now close to 80%. The copper-lead separation initiative is well underway. In the next few months, the mill will be producing separate zinc, copper and bulk (lead and precious metals) concentrates which will increase the quantity of saleable metals.
• Campo Morado recently celebrated one year of zero lost time injuries at the mine.
• Mobilization of our new mine contractor, Cominvi, S.A. de C.V., to Campo Morado is nearing completion. Working with Cominvi will allow Luca to increase production at Campo Morado and provide cost effective access to newer mining equipment for the Company's ongoing operations without incurring significant capital expenditures.
• Ramp up and commissioning at the Tahuehueto gold mine is progressing well with throughputs starting to hit objective levels of +800 tpd. The mine continues to make progress toward commercial production.
• An exploration drilling campaign is underway at Tahuehueto. Tahuehueto comprises a large, epithermal gold/silver vein system and this campaign is the first significant exploration drill program on the property in over 10 years. The Company expects the current campaign to include up to 5,000 metres of diamond core drilling in 26 holes from underground over the next 4-6 months. The drill plan takes advantage of recently developed areas to potentially extend the resource along the modeled veins.
• The Company has started to pay down its term debt through cashflow and expects to be debt free by mid-2026.
• The Company recently closed a fully subscribed brokered private placement pursuant to the "listed issuer financing exemption" under Part 5A of NI 45-106 – Prospectus Exemptions resulting in the issuance and sale of 19,000,000 units of the Company (the "LIFE Units") at a price of C$0.45 per LIFE Unit for aggregate gross proceeds of C$8,550,000 (the "LIFE Offering"). The Company also closed a concurrent non-brokered private placement of 6,126,167 units of the Company (the "Non-LIFE Units") at a price of C$0.45 per Non-LIFE Unit for aggregate gross proceeds of C$2,756,775. The combined gross proceeds raised pursuant to the Financings was C$11,306,775.
• Luca welcomed three senior professionals to the team to oversee and direct the Company's exploration strategy. Paul Gray will join as VP Exploration and will lead and direct all exploration activities. Gillian Kearvell will join as senior geological consultant and will work with Paul Gray focusing on building the Company's resource base as well as assist in developing a long-term organic growth strategy. Fernando Teliz will manage the drill campaigns and their execution.

Thankful Investors - Last 20 Years

https://seekingalpha.com/article/4740509-thankful-investors-last-20-years

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/241125-iau-scp-update.pdf

Orogen Royalties Announces Another Strong Quarter in Royalty Revenue, by @accesswire

VANCOUVER, BC / ACCESSWIRE / November 26, 2024 / (TSXV:OGN)(OTCQX:OGNRF) Orogen Royalties Inc. ("Orogen" or the "Company") is pleased to…

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Q3-2024 Highlights

All amounts are in Canadian dollars unless otherwise stated.

• Royalty Revenue: Royalty revenue of $2,117,552 (2023 - $1,628,409) was earned with 614 (2023 - 614) attributable gold equivalent ounces ("GEOs") sold at average price of US$2,474 (2023 - US$1,928) per ounce, up 30% from 2023 and 11% from the previous quarter driven by higher gold prices.
• Net Income Before Tax: the Company generated net income before tax of $254,504 (2023 - $675,989) for the quarter ended September 30, 2024, down 62% compared to the same period in 2023 due to a non-cash write down of $689,763 in carrying value of projects sold during the quarter.
• Net Comprehensive Loss: after income tax expense of $614,048 (2023 - $Nil), a net comprehensive loss of $359,544 was incurred during the quarter compared to a net comprehensive income of $675,989 generated in the same period last year.
• G&A Expenses: General and administrative expenses of $1,054,257 (2023 - $858,323) were incurred in the current period, up 23% compared to 2023. This was mainly due to an unrealized foreign exchange loss from the depreciation of the Mexican peso against the Canadian dollar since last quarter.
• Cash flow: During the quarter, $948,173 of cash was generated from operating activities compared to $714,547 of cash used in operating activities last year. Year to date, the Company generated cash of $2,610,120 (2023 - $928,111) from operating activities. Excluding changes in non-cash working capital, cash of $3,142,177 (2023 - $1,941,529) was generated from operating activities, up 62% from 2023.
• Working Capital: The Company has working capital of $23,472,759 on September 30, 2024, compared to $18,254,073 at the beginning of the fiscal year, an increase of $4,948,686. The Company has no long-term debt.

Sailfish Royalty Declares Q3 2024 Dividend, by @newsfile

Tortola, British Virgin Islands--(Newsfile Corp. - November 25, 2024) - Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is…

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Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) (the "Company" or "Sailfish") is pleased to announce that its Board of Directors has declared the Company's third quarterly cash dividend for 2024 in the amount of US$0.0125 per common share that will be payable on January 15, 2025 to Sailfish shareholders of record as of the close of business on December 31, 2024.

Africa Oil's Q3 2024: A Strong Quarter Signals Impending Share Price Recovery

https://seekingalpha.com/article/4738981-africa-oil-q3-2024-a-strong-quarter-signals-impending-share-price-recovery

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/241119-scp-nxe-permitting.pdf

Zitat von Sorgenfrei

https://ceo.ca/@accesswire/mer…e-vms-gold-mineralization

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/241120-scp-mno-drilling.pdf