Zitat von Sorgenfrei

"Steady as She Goes"

https://www.hydracapital.ca/2024/10/19/steady-as-she-goes/

Martin van Buren’s Post

Prism Investment Fund has taken a position in Tenaz Energy shortly after Tenaz announced that it would acquire NAM Offshore B.V. (NOBV) from Nederlandse Aardolie Maatschappij B.V. (NAM, a 50/50 JV by Shell Plc and ExxonMobil Corporation). Tenaz will own 20% of the gas production in the Dutch North Sea.

https://www.linkedin.com/posts…utm_medium=member_desktop

EMX Options its Queensland Gold Projects to Mila Resources, by @newsfile

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or…

ceo.ca

EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the "Company" or "EMX") is pleased to announce the execution of an exploration and option agreement for its Yarrol, Mt Steadman and Queensland Gold projects to Mila Resources PLC ("Mila", LSE:MILA). Mila is a well-capitalized London Stock Exchange listed company seeking to broaden its exploration portfolio in Australia. The agreement provides EMX with a cash payment, warrants and work commitments during a one-year option period, and upon exercise of the option, EMX will receive additional cash payments, equity in Mila, advance royalty payments, milestone payments and a 2.5% NSR royalty.

Elemental Altus Notes Planned 30% Production Expansion at Cornerstone Karlawinda Royalty, by @newsfile

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the…

ceo.ca

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2024) - Elemental Altus Royalties Corp. (TSXV: ELE) (OTCQX: ELEMF) ("Elemental Altus" or the "Company") notes the announcement by Capricorn Metals Ltd (ASX: CMM) ("Capricorn") of a material production expansion at the Karlawinda Gold Project ("Karlawinda") where Elemental Altus holds an uncapped 2.0% Net Smelter Return ("NSR") royalty. Capricorn are targeting annual gold production of 150,000 ounces, driven by an increase of total processing capacity to 6.5 Mtpa (Note 1). Karlawinda is a cornerstone asset for Elemental Altus, contributing US$4.6 million in zero-cost revenue in 2023.

Highlights

• Capricorn approved a major expansion at Karlawinda, targeting average annual gold production of 150,000 ounces, reflecting a 30% increase from the midpoint of production guidance FY2025 (Note 2)
• Elemental Altus' uncapped 2% NSR royalty will provide approximately 3,000 Gold Equivalent Ounces ("GEOs") annually to the Company based on the higher 150,000 ounce production rate
• The increased production is due to an approximate 50% throughput increase from the installation of a new three-stage crusher and ball mill circuit, increasing total processing capacity to 6.5 Mtpa from the current 4.0 to 4.5 Mtpa
• Following an estimated A$120 million investment, Capricorn are targeting completion of the expanded plant by the end of Q2 2026
• The expansion follows a recently announced 15% increase to the Mineral Reserves to 1,428 thousand ounces ("koz") gold, contained in 57.7 Mt with a grade of 0.8 g/t Au, equating to a 27% increase to the Mineral Reserves after accounting for mining depletion up to July 2024 (Note 3)
• Karlawinda remains a long life, low cost asset with a current mine life of 10 years based on Mineral Reserves, with significant further potential to increase resources and reserves down dip of current inventories

Frederick Bell, CEO of Elemental Altus, commented:

"We are excited to note Capricorn's Board approved a major A$120 million expansion at Karlawinda, increasing production to 150,000 ounces per annum over an initial 10-year mine life. Karlawinda is a cornerstone royalty for Elemental Altus, contributing US$4.6 million in revenue to the portfolio in 2023 and US$2.5 million in in H1 2024. The completion of the expansion study highlights the upside at the project with planned production increases complementing resource growth to-date. In addition, the production expansion is based on existing Reserves with the potential to both increase and convert the Resource down dip, providing Elemental Altus with ongoing upside.

Capricorn's management team have an excellent track record of mine builds and expansions across Australia and we look forward to following their progress."

https://www.theafricareport.com/366131/assimi-goita-and-mark-bristow-face-off-over-mining-code-agreement/

https://bpd-space.nyc3.cdn.digitaloceanspaces.com/scp/240913-nicu-scp-KGHM.pdf

Highlights for 10/23/2024 - 10/30/2024

Intercept Report Card - Gold

PrairieSky Announces Third Quarter 2024 Results, by @GlobeNewswire

CALGARY, Alberta, Oct. 28, 2024 (GLOBE NEWSWIRE) --

ceo.ca

September 30, 2024.

Star Royalties Highlights Proposed Acquisition of Sabre Gold by Minera Alamos, by @thenewswire

(TheNewswire)

ceo.ca

Transaction Highlights Copperstone to be owned by proven mine builders and operators: Minera Alamos’ established track record of permitting, building, and operating gold mines will be a key driver to returning Copperstone to production. Its management team has placed four cost-effective mines into production, while its current portfolio has projects in permitting, development, and production stages in similar geographies to Copperstone. Accelerated timeline to production: Copperstone is expected to become a priority development project for Minera Alamos. Minera Alamos has indicated its intent to accelerate Copperstone into production by already initiating engineering efforts aimed at fast-tracking Copperstone’s development, engaging with lenders regarding finance facilities, as well as expanding its technical team. Copperstone’s permits are in place for the restart of mining operations and Minera Alamos anticipates a 12-month construction schedule from a construction decision.    Potential for reductions in development costs: Minera Alamos has a track record of developing mines into production at, or below, budget. Furthermore, Minera Alamos expects to be able to relocate a portion of the grinding and flotation equipment already owned by it to be utilized at Copperstone, including major equipment items required for reactivation of the crushing, grinding, flotation and filtration facilities. Process plant equipment and infrastructure accounted for approximately 40% of the capital budget for restarting Copperstone as per its June 2023 Preliminary Economic Assessment (PEA”).  Validation of Copperstone and its stream value: As per Copperstone’s PEA and assuming a gold price of US$2,500/oz, the Company’s stream is expected to generate over US$17 million in LOM pre-tax cash flow prior to any successful mine-life extension from resource conversion and exploration upside.  Immediate and significant premium to equity ownership: Upon closing of the Transaction, the Company’s current equity position in Sabre Gold of 7,407,407 shares, received as part of the Company’s stream restructuring and as detailed in the Company’s news release dated October 3, 2023, will be converted into 5,133,333 shares of Minera Alamos, representing a 116% premium to Sabre Gold’s closing share price as of October 25, 2024 and a 100% premium to the Company’s stream restructuring value. The Transaction will also diversify the Company’s equity exposure from a single-asset developer in Sabre Gold to a portfolio of operating and development-stage projects in Minera Alamos.  C$2.0 million in contingent payments to be converted to equity: Furthermore, upon closing of the Transaction, the Company’s outstanding C$2.0 million payments owed by Sabre Gold, as detailed in the Company’s news release dated October 3, 2023, will be converted into an additional 4,459,459 shares of Minera Alamos, as a result of the share exchange process detailed in Sabre Gold’s news release dated October 28, 2