Your trusted source for investing success

Tag: mining methods

Ascendant Resources Announces First Month of Positive Adjusted EBITDA Since Acquiring the El Mochito Mine and Reports Second Quarter Financial Results

Ascendant Resources Announces First Month of Positive Adjusted EBITDA Since Acquiring the El Mochito Mine and Reports Second Quarter Financial Results

Ascendant Resources (TSXV:ASND) (“Ascendant” or the “Company“) (“Ascendant” or the “Company”) is pleased to report that July was the El Mochito Mine’s first month of positive Adjusted EBITDA1 since Ascendant assumed ownership of the mine in December 2016.
During the month of July the El Mochito Mine milled 57,458 tonnes of ore averaging

Darnley Bay Resources Limited: Pine Point Progress Report

 

Darnley Bay Resources Limited (TSXV:DBL) (the “Company” or “Darnley Bay”) announces that it is targeting an additional 16 historical deposits for confirmation drilling at it’s Pine Project lead-zinc project in the Northwest Territories (the “Pine Point Property”).

“When Darnley Bay acquired the Pine Point project, we acquired a massive trove of

Platinum Group Metals Restructures Maseve Platinum Mine

Platinum Group Metals (TSX:PTM)(NYSE MKT:PLG) (“Platinum Group” or the “Company”) is taking steps to restructure its mining operations at the Maseve Mine in South Africa.

The restructuring would involve a change in primary mining method and cost reductions to create a sustainable future for the mine. The changes are operationally driven

Sarama Resources Identifies Gold-In-Soil Anomalism Over 10km-Long Trend at Its 100%-Owned Botoro Property in Burkina Faso

Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX VENTURE: SWA) is pleased to report that the first phase of exploration on the Company’s recently-acquired1 Botoro Property (“Botoro” or the “Property”) in south-west Burkina Faso has identified several gold-bearing quartz vein systems associated with regional shear zones and a preliminary soil

Lydian Provides Construction Update at its Amulsar Gold Project

Lydian International Limited (TSX:LYD) (“Lydian” or “the Company”) announced that construction at the Company’s 100%-owned Amulsar Gold Project is proceeding as planned. As of May 31, 2017, project commitments totaled $213 million.

Infrastructure

Construction power and water are in place, access roads are complete, the construction warehouse has been erected, and detailed

IDM Mining’s Step-Out Drilling Intersects 7.50 meters Averaging 4.93 g/t Au and 23.54 g/t Ag, 250 meters Along Strike from Current Resources

IDM Mining Ltd. (TSXV:IDM)(OTCQB:IDMMF) (“IDM” or the “Company”) is pleased to announce assays from the initial two underground core holes targeting the northern extension to the current resource at the Red Mountain Gold Project (“Red Mountain” or the “Project”), located 15 km east of Stewart, BC.

Drill hole U17-1247 targeted the

Libero Mining Announces Tomichi Copper Deposit Resource Estimate of 711 Million Tonnes at 0.33 percent Copper Equivalent

Libero Mining Corporation (TSXV:LBC) is pleased to announce that it has completed a resource estimate on the Tomichi porphyry copper-molybdenum deposit (‘Tomichi’) in Colorado. The report is entitled “NI 43-101 Updated Technical Report for the Tomichi Copper-Molybdenum Project Gunnison County, Colorado”, authored by Gault Group, LLC, dated effective March 1,

Arizona Mining Closes C$110 Million Private Placement With South32

Arizona Mining Closes C$110 Million Private Placement With South32

Arizona Mining (TSX:AZ) is pleased to announce it has closed the private placement with South32 International Investment Holdings Pty Ltd (“South32”), an affiliate of South32 Limited, for 45 million common shares in the Company (the “Shares”) at a price of C$2.45 per Share for gross proceeds of C$110.3 million (the

First Cobalt Announces Exploration Program for Keeley-Frontier Project

First Cobalt Corp. (TSXV:FCC) (the “Company”) today announced its 2017 exploration program at the former producing Keeley-Frontier Mine, near Cobalt, Ontario. The $1 million program is fully funded and will commence this week. The program includes over 7,000 metres of surface drilling, including 5,000 metres at Keeley-Frontier and 2,000 metres

Arizona Mining Announces C$110 Million Private Placement With South32

Arizona Mining Announces C$110 Million Private Placement With South32

Arizona Mining Inc. (TSX: AZ) (“Arizona Mining” or the “Company”) is pleased to announce it has signed a binding private placement agreement for 45 million common shares in the Company (the “Shares”) at a price of C$2.45 per Share with South32 Limited (“South32”) for gross proceeds of C$110.3 million (the

Connect with our Featured Silver Stocks to receive the latest news and investor presentations.

Privacy & Legal Policy

Privacy Policy

×
Investing News Network