Beiträge von Sorgenfrei

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    Adriatic Metals PLC (LSE:ADT1, ASX:ADT, OTCQX:ADMLF) has unveiled encouraging results from its ongoing exploration at Rupice Northwest (RNW), part of the Vares project in Bosnia & Herzegovina.


    The westward exploration of RNW has revealed high-grade extensions of silver (Ag), zinc (Zn), lead (Pb), gold (Au), and copper (Cu), surpassing the projections of the July 2023 Rupice Mineral Resource Estimate (MRE).
    Further enhancing the site's potential, structural analyses have identified faulting and folding at RNW's western boundary. This geological development has led to a vertically continuous domain of thickened high-grade mineralisation.
    One of the standout results from the exploration includes a 33.4-metre (m) stretch from RNW's step-out drilling to the west, showing an impressive 1,197 grammes per tonne (g/t) silver equivalent (AgEq) or 38.5% zinc equivalent (ZnEq).
    This segment alone comprises 409g/t Ag, 11.7% Zn, 8.9% Pb, 2.6g/t Au, 1.2% Cu, 9% barium sulphate (BaSO4), and 0.2% antimony (Sb) in the BR-30-23 hole.
    Moreover, the RNW extension of the Main Zone has recorded a 15.2m segment at 1,502g/t AgEq, 48.3% ZnEq. This includes 499g/t Ag, 7.7% Zn, 13.9% Pb, 4.2g/t Au, 2.2% Cu, 24.6% BaSO4, and 0.3% Sb in the BR-36-23 hole. A subsection of this, measuring 9.2m, registered an even higher 2,269g/t AgEq, 73% ZnEq.


    Adriatic Metals has confirmed that exploration at RNW will continue with two diamond drill rigs in operation until the end of September
    https://cdn-api.markitdigital.…35c2d45a094df02a206a39ff4

    Elemental Altus Royalties Announces Record Second Quarter Revenue

    https://www.newsfilecorp.com/release/177954
    Second Quarter 2023 Financial Highlights:

    • Record revenue of $2.6 million, up 25% compared to Q2 2022
    • Record adjusted revenue of $4.7 million, inclusive of Caserones royalty revenue, up 127% compared to Q2 2022
    • Record Gold Equivalent Ounces ("GEOs") of 2,377 ounces, up 109% compared to Q2 2022
    • Record adjusted EBITDA of $3.3 million, up 184% compared to Q2 2022

    Royalty Portfolio Highlights and Key Developments:

    • On March 27, 2023 Lundin Mining Corporation (TSX: LUN) announced that it had entered into a binding purchase agreement to acquire a 51% interest in the Caserones copper-molybdenum mine in Chile ("Caserones")

      • On March 9, 2023, the Company entered into a binding agreement to acquire an additional 0.025% effective net smelter return ("NSR") royalty on Caserones
      • On July 12, 2023, the Company agreed to purchase an additional effective 0.030% NSR on Caserones, increasing the total effective NSR held to 0.473%
    • On April 20, 2023, the Company announced that it had completed the acquisition of an additional 0.25% NSR royalty on the Pickle Crow project in Ontario, Canada from a private third-party entity for total consideration of US$300,000 in cash, increasing the effective NSR royalty held by the Company to 2.25%

    Highlights Subsequent to June 30, 2023:

    • On July 20, 2023, the Company announced that it agreed to the sale of its 100% owned Diba and Lakanfla gold licences in western Mali to Allied Gold Corporation ("Allied"), the owner and operator of the Sadiola gold mine. As consideration, Allied will grant a near-term production NSR royalty of 3% on the first 226,000 ounces of gold from certain deposits followed by a 2% uncapped royalty on all other production from the licences and pay up to $6 million in cash. The transaction will be completed after local regulatory approvals and filings are completed
    • On July 25, 2023, the Company announced it had agreed to the sale of a 95% interest in its Daro and Zager copper-gold licences in northern Ethiopia to ANS Exploration ("ANS"). As consideration, ANS will pay US$200,000 in cash and grant two uncapped NSR royalties of 2.5% on copper and gold produced from the licences. The transaction will be completed after local regulatory approvals and filings are completed


    Artemis Gold Reports Q2 2023 Financial Results and Provides Construction Progress Update
    https://www.goldseiten.de/arti…tion-Progress-Update.html
    VANCOUVER, Aug. 15, 2023 - Artemis Gold Inc. (TSXV: ARTG) ("Artemis Gold" or the "Company") reports financial results for the three and six months ended June 30, 2023 ("Q2 2023") and provides an update on construction progress at the Blackwater Mine in central British Columbia. The project remains fully funded, on track for first gold pour in H2 2024 and there is no change to the initial capital expenditure guidance at this time.
    Q2 2023 Financial Results
    Artemis Gold's Q2 2023 financial results - including the consolidated interim financial statements and Management's Discussion and Analysis ("MD&A") - have been filed and are available for review on SEDAR+ (http://www.sedarplus.ca) and on the Company's website (http://www.artemisgoldinc.com).
    Construction Update
    Overall construction at the Blackwater mine was 27% complete as of June 30, 2023. Project development continues to advance on schedule, targeting first gold pour in H2 2024. Earthworks continued in priority infrastructure areas, with approximately 400 hectares logged and cleared and 85% of access roads needed for construction now operable.
    Construction of additional accommodation dormitories is in progress, which will raise the total camp capacity from 420 to over 550 beds.
    Construction of the tailings storage facility main wall is on track to commence as planned.
    Total major works man-hours worked to June 30, 2023, stood in excess of 160,000 hours with a zero LTIFR1 and an AIFR2 of 129.37.

    NOVA ROYALTY REPORTS FINANCIAL RESULTS FOR THE
    THREE AND SIX MONTHS ENDED JUNE 30, 2023 AND PROVIDES ASSET UPDATE
    https://www.novaroyalty.com/images/NOVR_Aug_15_2023.pdf
    Q2 2023 and Subsequent Highlights:

    • Quarterly revenue: Nova recognized revenue of $520,258 in Q2 2023 from its royalty interests, primarily related to Aura Minerals' Aranzazu mine in Zacatecas, Mexico.
    • Increased Copper World royalty: Nova more than doubled its exposure to Hudbay Minerals' Copper World project, a Tier-1 development asset located in Arizona. Nova increased its NSR royalty on Copper World from 0.135% to 0.315% through three separate transactions. Nova also retains a right of first refusal in respect to an additional 0.360% NSR royalty.
    • Acquired royalty on Newmont's Saddle North deposit: In July 2023, Nova acquired a 0.25% NSR royalty on Newmont Corporation's ("Newmont") Tatogga Property, which contains the high-quality copper-gold-silver Saddle North deposit. Tatogga is located in British Columbia's Golden Triangle, one of Canada's premier mining camps. Nova has also been granted a right of first refusal in respect to an additional 0.25% NSR.
    • Progress of portfolio assets: Several key development assets on which Nova holds royalties continued to progress toward construction decisions. First Quantum, Hudbay, and Lundin Mining advanced feasibility, engineering, and permitting activities at Taca Taca, Copper World, and Josemaria, respectively.
    • Senior management & director changes: On May 16 and May 17, 2023, the Company announced certain management and board changes.
    • Initiated shareholder value maximization process: On May 17, 2023, the Company announced that it had engaged PI Financial as its financial advisor to commence a process to explore, review and evaluate all options that may be available to the Company to maximize shareholder value.

    EMX Royalty Announces Second Quarter 2023 Results
    https://www.newsfilecorp.com/release/177053
    Financial Updates for the Three Months Ended June 30, 2023

    • Revenue and other income for the three months ended June 30, 2023 was $3,408,000 compared to $7,034,000 for the three months ended June 30, 2022 ("Q2-2022"). Adjusted revenue and other income1 of $6,481,000 (Q2-2022 - $9,465,000) included $3,073,000 (Q2-2022 - $2,431,000) in revenue for the Company's share of royalty revenue from the Caserones Mine (effective) royalty interest in Chile. Revenue and other income and adjusted revenue and other income1 for Q2-2022 included the accrual of a $4,000,000 milestone payment related to Gediktepe.


    • Net loss for the three months ended June 30, 2023 was $4,722,000 (Q2-2022 - $3,315,000).


    • Cash used in operating activities for the three months ended June 30, 2023 was $1,160,000 (Q2-2022 - $4,152,000). Adjusted cash1 provided by operating activities for the three months ended June 30, 2023 was $1,294,000 (Q2-2022 - adjusted cash used in operating activities of $3,254,000). Operating cash flows for Q2-2023 include an accelerated $2,500,000 option payment by Aftermath Silver for the Berenguela property.


    • As at June 30, 2023, EMX had cash of $9,980,000 (December 31, 2022 - $15,508,000), investments, long-term investments and loans receivable valued at $14,346,000 (December 31, 2022 - $14,561,000) and loans payable of $41,428,000 (December 31, 2022 - $40,489,000).

    SilverCrest Reports Second Quarter 2023 Results and Guidance for H2, 2023
    https://www.prnewswire.com/new…or-h2-2023-301897290.html
    Q2, 2023 Financial Highlights

    • Sold a total of 13,400 ounces ("oz") of gold and 1.45 million oz of silver at average realized prices2 of $1,991 per oz gold and $24.36 per oz silver.
    • Revenue of $62.0 million and cost of sales of $23.7 million, resulting in mine operating income of $38.3 million, which represents a 62% operating margin.
    • Income of $23.7 million or $0.16 per share, inclusive of an $8.6 million ($0.06 per share) unrealized foreign currency loss.
    • Net free cash flow3 of $43.7 million or $0.30 per share, supported by the net receipt of value added taxes and deferral of accounts payable and taxes.
    • Increased cash balance by $7.6 million and bullion holdings by $3.6 million during the quarter, after, sustaining capital at Las Chispas of $10.1 million and retiring $25.0 million of debt.
    • Cash flow from operating activities before changes in non-cash working capital items of $47.5 million or $0.32 per share.
    • Cash costs2 of $7.39 per oz silver equivalent3 ("AgEq") sold and all-in sustaining cost ("AISC")2 of $12.70 per oz AgEq sold based on accelerated spend towards exploration and for sustaining capital to create operational flexibility.
    • Ended the quarter debt free with treasury assets2 totaling $59.0 million (cash of $53.4 million and gold and silver bullion of $5.6 million). Access to an undrawn $70.0 million revolving credit facility remains.

    Q2, 2023 Operating Highlights

    • Recovered 16,500 ounces of gold and 1.53 million ounces of silver, or 2.84 million AgEq ounces. Recovered ounces were higher than sold ounces during the quarter, resulting in an increase in work in process and finished goods inventory of approximately 0.3 million payable AgEq ounces.
    • Underground production mining rates averaged 818 tonnes per day ("tpd") during Q2, 2023, an increase of 16% compared to Q1, 2023 (707 tpd) and ahead of H1, 2023 expectations of 650 to 700 tpd. The Q2, 2023 rate aligns with Report expectations.
    • Daily development rates continued to increase in Q2, 2023 averaging 37.8 metres per day ("mpd") (Q1, 2023 - 31.5 mpd), including 33.4 mpd of lateral development, a level which is expected to increase slightly in H2, 2023.
    • Daily processing plant throughput averaged 1,186 tpd, a slight increase from Q1, 2023 rate of 1,160 tpd. Processed grades increased from Q1, 2023, averaging 4.84 grams per tonne ("gpt") gold (Q1, 2023 - 4.06 gpt) and 449 gpt silver (Q1, 2023 - 419 gpt).
    • Metallurgical recoveries improved over Q1, 2023 with an average gold recovery of 98.4% (Q1, 2023 - 97.5%) and average silver recovery of 97.9% (Q1, 2023 - 91.9%).
    • Mining contract discussions paused in Q2, 2023 and will resume in earnest now that necessary details outlined in the Report are available. It is expected that these negotiations will be finalized in H2, 2023.

    49 Leopard 1 Tanks that were Formerly in Service with the Belgian Army have been Sold by OIP Land Systems to a Major Arms Manufacture in an “Unknown European Country” with many claiming it to be Rheinmetall a German Arms Company; the Tanks will reportedly receive Modern Systems before being Transferred to the Ukrainian Armed Forces sometime in next 6 months.


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    5:13 AM · Aug 9, 2023

    WhiteHawk Energy Proposes to Combine with PHX Minerals, Inc. in Stock-for-Stock Transaction


    Proposed combination would result in PHX stockholders owning majority of the pro forma equity in newly-formed, publicly traded, WhiteHawk Minerals Corporation and receiving a one-time $0.20 per share cash dividend
    Proposed combination provides PHX stockholders with an ability to participate in enhanced scale and additional mineral and royalty assets in the core of the Haynesville Shale and Marcellus Shale
    Encourages the PHX board of directors to engage in good-faith discussions regarding the proposed value-maximizing transaction following unwillingness to date...

    https://www.businesswire.com/news/home/20230809352276/en/

    AbraSilver Discovers New Silver Mineralization Beyond JAC Zone, Intersecting 1,042 g/t Silver Over 12 Metres

    http://www.abrasilver.com/news…-gt-silver-over-12-metres

    Toronto – August 09, 2023: AbraSilver Resource Corp. (TSX.V: ABRA; OTCQX: ABBRF) (“AbraSilver” or the “Company”) is pleased to announce the latest assay results from the Phase III diamond drilling program on the Company’s wholly-owned Diablillos property in Salta Province, Argentina (“Diablillos” or the “Project”). Diamond drill holes DDH 23-055, DDH 23-056 and DDH 23-064 were step out holes drilled to the northwest of the JAC zone, which coincides with a northeast-to-southwest magnetic anomaly. The new holes intersected a promising new silver zone, called the ‘JAC North zone’. Key takeaways include:

    • Hole DDH 23-064 intersected a high-grade interval of 12 metres at 1,042 g/t Ag in oxides starting at a down-hole depth of only 69 metres and including a 6 metre interval grading 1,880 g/t Ag.
    • The three reconnaissance holes were drilled to test one of several remaining untested targets indicated by magnetic anomalies located southwest of Oculto.

      • The newly discovered JAC North zone is located over 900 metres beyond the limit of the conceptual open pit that defines the current Mineral Resource estimate at Oculto and approximately 100 metres northwest of the high-grade JAC zone.


    • The new JAC North zone has the same geological characteristics as the JAC zone, namely that silver mineralisation is concentrated in a highly fractured zone with pervasive alunite alteration and associated manganese oxides and follows a parallel structural trend.
    • The initial drill intercepts of this newly identified zone are very encouraging, and follow-up work is planned as part of the next exploration drill campaign.

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    Sitio Royalties Reports Second Quarter 2023 Operational and Financial Results


    Closed Multiple Accretive Acquisitions Since March 31, 2023 Adding 13,705 NRAs in the Permian Basin
    Record High Average Quarterly Production Volume of 34,681 Boe/d (50% Oil)
    Declared $0.40 Dividend Per Share of Class a Common Stock for Second Quarter 2023
    Issuing 2H 2023 Financial and Operational Guidance, Including Production Range of 35,000 - 37,000 Boe/d

    https://www.businesswire.com/news/home/20230808675359/en/

    Altius Reports Q2 2023 Attributable Royalty Revenue of $18.7M and Adjusted Earnings (1,2) of $2.7M


    https://www.businesswire.com/news/home/20230808066809/en/


    ST. JOHN’S, Newfoundland and Labrador--(BUSINESS WIRE)--Altius Minerals Corporation (TSX: ALS; OTCQX: ATUSF) (“Altius” or the “Corporation”) reports second quarter revenue of $17.3 million compared to $27.4 million for the same period in 2022, while attributable royalty revenue(1,2) of $18.7 million ($0.39 per share(1,2)) compares to $28.6 million ($0.61 per share) reported in 2022.

    Triple Flag Announces Record Q2 2023 Results and Dividend Increase


    https://www.businesswire.com/news/home/20230808612709/en/

    TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announced its results for the second quarter of 2023 and declared an increased dividend of US$0.0525 per common share to be paid on September 15, 2023. All amounts are expressed in US dollars unless otherwise indicated.
    “I am pleased to announce another quarter of record results for Triple Flag, in which we achieved record GEOs, revenue, adjusted EBITDA, and operating cash flow. The solid performance of our portfolio has provided the basis for us to increase our annualized dividend by 5%, the second consecutive increase since we listed in 2021.” commented Shaun Usmar, CEO. “Looking forward, our deal pipeline remains consistently active with actionable opportunities, and we are especially encouraged by an increasing cadence of new discoveries, reserve replacement and expansion at multiple assets across the portfolio such as Northparkes and Beta Hunt, and a number of important catalysts and operational milestones achieved within our portfolio as detailed below.”
    Q2 2023 Financial Highlights


    RE Royalties Enters into USD $3.2 Million Loan and Royalty Agreement with Cleanlight for Solar Battery Storage Systems in Latin America
    https://www.accesswire.com/772…-Systems-in-Latin-America
    VANCOUVER, BC / ACCESSWIRE / August 8, 2023 / RE Royalties Ltd. (TSX.V:RE)(OTCQX:RROYF) ("RE Royalties" or the "Company"), a global leader in renewable energy royalty-based financing, has entered into a USD 3.2 million loan and royalty acquisition agreement with Butler Corporation SpA (DBA "Cleanlight"), a high-growth Chilean technology company and manufacturer of mobile solar-battery systems including solar lighting towers ("Solar Towers"), and solar-hybrid battery generators ("SolBox").
    The loan will be drawn in two tranches, with a term of 2 years and an interest rate of 12% per annum. As part of the transaction, the Company acquired a 10-year royalty calculated based on 5% of gross revenues (the "Royalty") commencing on closing, which reduces to 3% after certain revenue milestones are met.