Beiträge von Sorgenfrei

    Luca Mining Hits 500 TPD Milestone at Tahuehueto Gold Project, and Successfully Closes Over-Subscribed Private Placement at CAD$24.9 million

    https://www.prnewswire.com/new…-9-million-301865349.html
    VANCOUVER, BC, June 28, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: TSGA) is thrilled to announce two significant milestones. Firstly, the Tahuehueto Gold Project in Durango, Mexico, has achieved a major milestone with a production capacity of 500 tonnes per day ("tpd"), on time and budget. Secondly, Luca has successfully closed an oversubscribed non-brokered private placement (the "Private Placement"), for a total of CAD$24,896,551.42 (see the Company's news release dated March 31, 2023).
    Highlights
    [Blockierte Grafik: https://mma.prnewswire.com/media/2142619/Luca_Mining_Corp__Luca_Mining_Hits_500_TPD_Milestone_at_Tahuehue.jpg?w=400]Aerial view of tailings dam construction at Tahuehueto (CNW Group/Luca Mining Corp.)[Blockierte Grafik: https://mma.prnewswire.com/media/2142620/Luca_Mining_Corp__Luca_Mining_Hits_500_TPD_Milestone_at_Tahuehue.jpg?w=400]
    Underground development at the Tahuehueto Mine (CNW Group/Luca Mining Corp.)

    • Tahuehueto Gold Project achieves 500 tpd production milestone, on schedule and budget
    • Funded to achieve commercial production of 1,000 tpd, scheduled for year-end 2023

    Mike Struthers, CEO, commented, "We are delighted to have accomplished our goal of reaching 500 tpd at Tahuehueto. This achievement is a testament to the dedication and collaborative efforts of our site teams, contractors, management, and staff. But our focus on delivering Tahuehueto for all our stakeholders continues, as we push towards the ultimate goal of commercial production at 1,000 tpd by year-end. This underpins our strategy of operating two profitable mines and laying a solid foundation for growth, ultimately leading to an exceptional performance in 2024."
    "In addition to this significant operational milestone, Luca is proud to announce the successful completion of its funding round, raising an impressive CAD$24.9 million. This accomplishment, particularly under current market conditions, is the result of tremendous efforts by our core team and key stakeholders."
    "These significant accomplishments underline the trust and confidence investors have placed in the Company, our new team, and our ambitions for growth. The strong support received from new and existing shareholders is a testament to the dedication of the Luca Mining team."





    GLOBAL ATOMIC PROVIDES DASA PROJECT UPDATE
    https://globalatomiccorp.com/i…oject-Update/default.aspx
    Stephen G. Roman, President & CEO, stated, “The primary question investors ask is regarding the timing of a term sheet for our banking syndicate’s Dasa Project loan facility. While this has been a much longer process than expected, the financing terms are in the final stage of completion, which, upon agreement, will then go to the banks’ Boards for approval prior to announcement to our shareholders.”
    “We continue to make significant progress at the Dasa Project, having now put in place a mining and support team of over 200 people, the majority of which are local Nigeriens, comprised of both skilled workers, with extensive uranium mining experience, and young workers who are being trained in apprenticeship roles. The ramp is nearing the top of the ore body (see figure 1 below) and earthworks at the plant site are preparing the location for civil works. We remain on schedule to produce Yellowcake for delivery to nuclear utilities in early 2025.”
    Approximately 500 meters of ramp development have now been completed. Surface and Underground mine infrastructure including mine dry, ventilation raises, electrical and pumping installations are underway. The development of the decline relative to the current Phase 1 Mine Plan is shown in the longitudinal section and the plan view below.
    [Blockierte Grafik: https://s29.q4cdn.com/426815530/files/doc_news/2023/06/Global-Atomic-Longitudinal-Section-of-Dasa-Ore-Body.png]

    Wallbridge Mining Delivers Positive Preliminary Economic Assessment for the Fenelon Gold Project in Quebec
    https://wallbridgemining.com/s…wm-fenelon_pea-260623.pdf


    Wallbridge Mining Delivers Positive Preliminary Economic Assessment for the Fenelon Gold Project in Quebec
    Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report positive results from thePreliminary Economic Assessment (“PEA”) completed on its still growing, 100%-owned Fenelon gold project (“Fenelon” or the “Project”) located in the Abitibi Greenstone Belt, along the Detour-Fenelon Gold Trend, Quebec (Table 1). Tony Makuch, Chairman of Wallbridge, stated:“Projects such as Fenelon, with a projected annual production profile of more than 200,000 gold ounces, located in a mining-friendly jurisdiction with established infrastructure, having substantial exploration upside and access to clean hydro-electric energy are highly desirable yet exceedingly rare in the mining industry today. We are extremely pleased that the PEA on Fenelon alone is demonstrating robust economics at this early stage. We expect further improvements as we continue to add to the resource base through our exploration efforts at Fenelon and elsewhere on our very large land position in the northern Abitibi greenstone belt.”All results herein are reported in Canadian dollars unless otherwise indicated.PEA SUMMARY•Average annual gold production of 212,000 oz over 12.3 years.•Average annual free cash flow of $157 million over life of mine (“LOM”). •After-tax NPV of $721 million at base case gold price of US$1,750 and $C/US$ of 1.30•After-tax NPV of $1,070 million at spot gold price of US$1,950 and $C/US$ of 1.34•Initial capital expenditures of $645 million. •Sustaining capital expenditures of $594 million. •Total cash costs of US$749/oz. •All-in-sustaining costs of US$924/oz.Marz Kord, Wallbridge’s President and Chief Executive Officer, commente

    Das Szenario scheint sich jetzt zu bestätigen. Wagnercamps gehen in Weißrussland hoch berichten russische Blogger. Prigoshin wurde in Minsk gesichtet. Meine Vermutung ist das die Eroberung von Odessa nicht so einfach ist deshalb sollen die Wagners jetzt das Entscheidungszentrum leveln. Odessa und andere Gebiete sind ohne Regierung leichter zu erobern. Moskau hat wahrscheinlich die Entscheidung getroffen Kiew auszuradieren. Zelensky wird alles was er noch hat zur Verteidigung Kiews verheizen oder muß fliehen. Das könnte jetzt die Schlacht um Kiew werden und letztendlich die Entscheidung bringen. Der NATO Rotz wird sich in Lemberg neu sammeln aber letztendlich wird auch das scheitern.

    aus: https://tomluongo.me/2023/06/2…ebellion-live-or-memorex/


    "Hier ist ein drittes Szenario, das auf der Tatsache beruht, dass wir zwei brillante Führer haben, die weitaus intelligenter sind als jeder von uns. Prigozhin ist ein brillanter Manipulator der Presse und der Menschen. Er ist äußerst intelligent, rücksichtslos und ehrgeizig. Er ist unter den Oligarchen fast der Einzige, der sein Imperium nicht gestohlen hat. Er hat es selbst aufgebaut. Erinnern Sie sich, im Januar sagte er, er würde der nächste Präsident der Ukraine werden, und genau das ist sein Ziel. Er weiß, dass die Ukrainer ihre Arbeitskräfte, ihre Munition und den Willen ihrer Bevölkerung ausgeschöpft haben. Er ist reif, das Herz zu treffen. Jetzt brauchen wir eine Rechtfertigung. Von seinem Sitz in Weißrussland aus wird er einen nicht russischen, sondern einen Söldnerangriff auf Kwiw und Charkow starten. Vielleicht wird es einen Putschversuch gegen Zelensky geben. Dieser Angriff wird die Ukrainer dazu zwingen, ihre verbliebenen Truppen aus dem Donbass und Cherson abzuziehen, so dass die Russen auf Odessa vorrücken können. In der Zwischenzeit werden die Wagner-Söldnertruppen, die auf fast 50.000 Mann aufgestockt wurden, wahrscheinlich die kampferfahrensten und abgehärtetsten Truppen der Welt sein, die Verteidigungsanlagen von Kwiw zu Hackfleisch machen, eine Meuterei unter den verbliebenen, dezimierten und unerfahrenen Truppen anzetteln, Kwiw einnehmen und Prigozhin wird sich selbst zum Präsidenten erklären und die Söldner werden die Beute aufteilen. Prigozhin wird einen Staat nach stalinistischem Vorbild führen, der Russland wie einen Kindergarten aussehen lassen wird. Ich glaube, er hat größere Ambitionen als nur die Ukraine. Wer weiß, was das nächste Ziel sein wird." John

    VARES PROJECT UPDATE HIGHLIGHTS
    78%of total Project construction complete.
    •Lower decline development currently at 606m and upper decline at 550m.Ore to be reached at the end of June.
    •All long lead items ordered and a key project delivery schedule is available below. First concentrate production in November 2023.
    •Construction of 24.5km haul road is on track for completion by Q3 2023.Works on the refurbishment of the rail head and railway line have commenced.
    •Exploration at Rupice continues to deliver outstanding results, planned Mineral Resource Estimate update expected in July2023.
    •Staff headcount increased to 201,contractor headcount totalled 311 at the end of May.
    •A recent video of the Project progress is available:
    https://www.adriaticmetals.com…project-update-june-2023/
    Finance Update
    •Final Project cost estimate is $182m following release of the remaining $10m contingency as costs fully identified.
    •Cash balance at 30 May 2023was $95.7m with $85.1m of capex and exploration outflows expected pre-production.
    •Final Orion debt drawdown of $30m is expected in Q3 2023.
    •The Company remains fully funded to Project completion.
    •92% of capital awarded, pending award or recently quoted.
    •All $ amounts are US dollars.
    https://www.investi.com.au/api…ents/adt/a72dbf74-5f9.pdf

    Orogen Royalties Acquires the Firenze Gold-Silver Project in Nevada

    https://www.accesswire.com/762…-Silver-Project-in-Nevada
    Firenze Project Highlights

    • Firenze is a 7.4 square kilometre gold-silver project located on BLM ground 170 kilometres east of Reno, Nevada
    • Banded quartz-adularia epithermal veins, up to 1.5 metres wide, outcrop over a 1.5 square-kilometre area
    • Grab sample highlights of outcropping epithermal veins returned 9.3 grams per tonne ("g/t") gold and 1250 g/t silver
    • Dump sample highlights from historical production in the 1860s returned 44.0 g/t gold and 534 g/t silver, 22.5 g/t gold and 1825 g/t silver, and 17.7 g/t gold and 97.8 g/t silver
    • Gold mineralization is open under cover to the east and is prospective for both bulk-tonnage and high-grade vein mineralization
    • The Firenze property was made available for exploration under the National Defense Authorization Act in December 2022 and was acquired through staking under the Orogen-Altius Nevada Alliance


    AGNICO EAGLE PROVIDES UPDATE ON CANADIAN MALARTIC COMPLEX -INTERNAL STUDY DEMONSTRATES IMPROVED VALUE, EXTENDS MINE LIFE AND SUPPORTS POTENTIAL FUTURE PRODUCTION GROWTH IN THE ABITIBI GREENSTONE BELT; POSITIVE EXPLORATION RESULTS EXPECTED TO RESULT IN INCREASED MINERAL RESERVES AND MINERAL RESOURCES; ADDITIONAL PROPERTY SCALE TARGETS BEING EVALUATED

    https://www.prnewswire.com/new…n-results--301855153.html
    TORONTO, June 20, 2023 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on the Odyssey mine, which forms part of the Company's 100% owned Canadian Malartic complex. Since the development of the Odyssey project was approved in February 2021, mineral resources have grown significantly and contributed to an increased mine life. Project construction activities have progressed well despite a challenging construction environment, with first production from underground being achieved on schedule in March of this year.
    [Blockierte Grafik: https://mma.prnewswire.com/media/2105724/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Evolution of Odyssey mine mineral reserve and mineral reserves from 2017 to 2022 (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105723/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Canadian Malartic complex gold production profile for years 2023 to 2042 (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105722/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Odyssey mine – Advance of the ramp and the underground development as at May 31, 2023 (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105721/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Canadian Malartic Complex – Property and Regional Geology Plan Map (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105720/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Odyssey mine – Composite Longitudinal Section and Composite Cross Section (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105719/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Odyssey Deposits – Composite Longitudinal Section (CNW Group/Agnico Eagle Mines Limited)[Blockierte Grafik: https://mma.prnewswire.com/media/2105718/Agnico_Eagle_Mines_Limited_AGNICO_EAGLE_PROVIDES_UPDATE_ON_CANAD.jpg?w=350]Camflo – Composite Longitudinal Section (CNW Group/Agnico Eagle Mines Limited)"Since the initial discovery of the East Gouldie deposit in late 2018, the Company has made tremendous progress bringing the Odyssey mine into production, initiating the transition from the largest open pit gold mine in Canada to the largest underground gold mine in Canada. Over the last three years, we have significantly de-risked the project while improving its production profile and increasing its overall value. We have added approximately 1.7 million ounces of gold to the mine plan and extended the mine life to 2042," said Ammar Al-Joundi, Agnico Eagle's President and Chief Executive Officer. "We continue to aggressively explore the property and evaluate regional projects that could allow us to utilize the anticipated future excess mill capacity which is expected to be approximately 40 thousand tonnes per day starting in 2028. In the Abitibi Gold Belt, we have a significant competitive advantage, being the employer of choice and having infrastructure and a project pipeline that supports our unique ability to generate organic growth at reduced capital intensity and a lower environmental footprint, which we believe will generate significant shareholder value," added Mr. Al-Joundi
    The Company completed a new internal study on the Odyssey mine (the "2023 Study") to reflect progress to date and the new economic environment.





    Olive Announces Expected Material Increase to Its Portfolio Value and Liquidity - Hudbay Minerals to Acquire Rockcliff Metals
    https://www.newsfilecorp.com/release/170634
    Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to announce that Rockcliff Metals Corporation (CSE: RCLF) ("Rockcliff") and Hudbay Minerals Inc. (TSX: HBM) (NYSE: HBM) ("Hudbay"), have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which Hudbay will acquire 100% of the issued and outstanding common shares of Rockcliff that it does not already own (the "Arrangement").
    Under the Arrangement Rockcliff shareholders will receive 0.006776 of a Hudbay common share for each Rockcliff common share held, representing an attractive premium to Rockcliff's recent trading price. Olive and its subsidiaries currently hold 82,925,238 shares of Rockcliff. Based on closing prices as of June 19, 2023, the shares of Rockcliff held by Olive have an implied value of approximately $3,899,595.


    Based on Olive's May 31, 2023, unaudited Net Asset Value ("NAV") per share of $6,616,370, the consideration for the Rockcliff shares implies an approximate 21% or C$1.4 million increase in NAV from that date. Additionally, on May 31, 2023, Rockcliff represented approximately 37.6% of Olive's NAV. Considering Hudbay's significantly higher trading liquidity, the liquidity of Olive's portfolio is anticipated to materially improve.


    Derek Macpherson, Executive Chairman stated: "When current management took over Olive (then Norvista) we identified that Rockcliff's assets had significant value, but that Rockcliff's capital structure was an issue. When I joined the board of Rockcliff, the board formalized a strategic review process which culminated in this transaction which we view as beneficial for Rockcliff and Olive shareholders."


    Marktkapitalisierung C$ 2,79 Mio.

    Osisko Announces Closing of CSA Stream Transactions


    https://osiskogr.com/en/osisko…-csa-stream-transactions/

    TRANSACTION HIGHLIGHTS

    • Immediately Enhances Osisko’s Cash Flow

      • Starting with an effective date of February 1, 2023, OBL will purchase refined silver equal to 100% of payable silver for the life of the Mine. Between 2023-2025, MAC estimates annual payable silver production from the Mine to average ~428koz.
      • Beginning on the first anniversary of the Closing Date, OBL will purchase refined copper equal to between 3.0% and 4.875% of payable copper until 33,000 metric tonnes of refined copper have been delivered, and 2.25% thereafter for the remaining life of the Mine. Between 2023-2025, MAC estimates annual payable copper production from the Mine to average ~46,000 metric tonnes.
    • Exposure to Premium Copper Asset in a Tier 1 Mining Jurisdiction

      • One of the highest-grade copper mines in Australia with a multi-decade operating history of consistent production.
      • Track-record of reserve and resource replacement, with greater than 100% of mined reserves having been replaced since 2011.
      • Recent investments of approximately US$130 million support potential mine life extensions beyond 15 years.
    • Near-Term Opportunities to Extend Mine Life and Enhance Value

      • Significant exploration potential from both near-mine and regional targets along a highly prospective geological trend.
      • Several areas identified to improve efficiencies, optimize operations and rationalize costs.
      • Significant resource and mine life upside by potentially lowering the cut-off grade.
    • Experienced Management Team with Track-Record of Creating Value for Stakeholders

      • Proven Australian mining professionals with extensive mining experience and a track-record of value creation for stakeholders.
      • Partnership opportunities on future strategic activity, as well as a right of first refusal (“ROFR”) in favour of OBL on royalties or streams on any asset owned or acquired by MAC for a minimum of seven years following the Closing Date.

    Talisker announces $31M financing with Sprott for Bralorne


    https://www.kitco.com/news/202…-Sprott-for-Bralorne.html


    (Kitco News) - On Monday, Talisker Resources (TSX: TSK) announced that it has entered into a royalty agreement with Sprott Resource Streaming and Royalty in relation to the company’s 100% owned Bralorne gold project in B.C., Canada. The company said that under the terms of the agreement, Sprott will pay Talisker up to US$31,250,000 for a net smelter returns royalty covering all minerals produced from the project.

    Artemis Gold Announces Optimized Phase 1 Development of Blackwater Mine and US$40M Additional Funding; Updated Phase 1 Capex Now Fully Funded

    https://www.newswire.ca/news-r…lly-funded-802954245.html


    "In support of these additional investments, the Company has amended the gold stream agreement with Wheaton Precious Metals Corp. ("Wheaton") which will provide an additional US$40 million (C$54million) in funding at a very low cost of capital.


    Steven Dean, Chairman and Chief Executive Officer of Artemis Gold, said "We have been exploring these options internally for some time. This announcement is the logical next step and importantly provides the additional funding to further pursue these optimizations at a low cost of capital with a great partner in Wheaton, without a material dilution of the net asset value per share for shareholders."


    The amendment to the Gold Stream Agreement has been achieved with a simple increase in the number of ounces to be delivered to Wheaton prior to the reduction in Wheaton's stream participation from 8% to 4% (previously expected to occur in 2034 based on the September 2021 Feasibility study schedule), which effectively provides Wheaton with an interest in approximately 92,000 additional gold ounces to be delivered starting in approximately 2034 (subject to certain delivery thresholds being met)."


    Artemis Gold Receives Initial Deposit Under Silver Stream Agreement
    https://www.newswire.ca/news-r…-agreement-856045528.html


    Artemis Gold Announces Optimized Phase 1 Development of Blackwater Mine and US$40M Additional Funding; Updated Phase 1 Capex Now Fully Funded
    https://www.newswire.ca/news-r…lly-funded-802954245.html


    Artemis Gold Announces Approval of Schedule 2 Amendment for Blackwater Mine
    https://www.newswire.ca/news-r…water-mine-871387955.html