Collective Mining Ltd. (TSXV: CNL) ("Collective" or the "Company") is pleased to announce that it will be participating in two upcoming and in-person industry conferences. Management looks forward to discussing its ongoing 20,000+ metre drill program that has yielded three discoveries from four targets to date, including visually encouraging intercepts from a fifth target.
Upcoming Conferences
121 Mining Investment, New York, NY – June 6-7, 2022 – Investors may sign up here to register and arrange a meeting with Company management.
PDAC, Toronto, ON – June 13-15, 2022 – Investors may register here and visit the Company at booth 2714 .
New Website
The Company is pleased to announce that it has launched a new website with a fresh, user-friendly look which can be found at www.collectivemining.com . Here, investors can subscribe to our latest news, arrange a one-on-one meeting with management and learn about our two exciting projects as well as our three recent and promising discoveries.
About Collective Mining Ltd.
To view the Company's most recent investor presentation, please visit www.collectivemining.com
Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making a significant new mineral discovery and advancing the projection to production. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program at both the Guayabales and San Antonio projects a total of eleven major targets have been defined. The Company is fortuitous to have made significant grassroots discoveries on both projects with discovery holes of 302 metres 1.1 g/t AuEq and 104 metres @ 1.3 g/t AuEq at the Guayabales project and 710 metres @ 0.53 AuEq at the San Antonio project. ( See press releases dated October 18 th and 27 th , 2021 and March 15, 2022, for AuEq calculations.)
Contact Information
Collective Mining Ltd.
Steve Gold, Vice President, Corporate Development and Investor Relations
Tel. (416) 648-4065
To schedule a one-on-one meeting with management please use the following link:
https://calendly.com/collectivemining/30min?month=2021-11
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about the drill programs, including timing of results, and Collective's future and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
News Provided by GlobeNewswire via QuoteMedia
The Power Play by The Market Herald has announced the release of new interviews with Collective Mining, Metallic Minerals, Vertex Resource Group, and Blackrock Silver Corp. on their latest news.The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives.Collective Mining (TSXV:CNL) announces additional assay results from the Olympus Target
Collective Mining (CNL) has announced high-grade gold and silver channel sample assay results from the Olympic target at the Guayabales Project in Colombia. The company has three diamond drill rigs operating at the Guayabales Project as part of its 2022 drill program. Ari Sussman, Executive Chairman of Collective Mining sat down with Coreena Robertson to discuss the results from the Olympus and Apollo targets.
For the full interview with Ari Sussman and to learn more about Collective Mining, click here
Metallic Minerals (TSXV:MMG) introduces The Metallic Group's community relations team
Metallic Minerals (MMG) has announced The Metallic Group's new community relations team. The team includes Lauren Blackburn, Yukon-based Regulatory and Permitting Manager, and the newly hired Lindsay Wilson as Manager, Community and Investor Relations. President Scott Petsel spoke with Coreena Robertson about the new team.
For the full interview with Scott Petsel and to learn more about Metallic Minerals, click here
Vertex Resource Group (TSXV:VTX) reports Q1 2022 results
Vertex Resource Group (VTX) has reported its financial and operational results for the fourth quarter and year ended December 31, 2021. Highlights include $45.4 million in revenues and an adjusted EBITDA of $5.7 million. Terry Stephenson, President & CEO of Vertex Resource Group sat down with Folake Ekwubiri to highlight the results and share the company's outlook for 2022.
For the full interview with Terry Stephenson and to learn more about Vertex Resource Group, click here
Blackrock Silver Corp. (TSXV:BRC) begins Tonopah West expansion & step-out program
Blackrock Silver Corp. (BRC) has commenced a fully funded 10,000-metre drill program on its Tonopah West Project. The project is located in the Walker Lane trend of Western Nevada. Blackrock President & CEO Andrew Pollard sat down with Folake Ekwubiri to discuss the news.
For the full interview with Andrew Pollard and to learn more about Blackrock Silver Corp, click here
Interviews for The Power Play by The Market Herald are released daily. To learn more about the companies featured in The Power Play or to explore our other interviews visit The Power Play by The Market Herald.
About The Market Herald
The Market Herald Canada is the leading source of authoritative breaking stock market news for self-directed investors. Our team of Canadian markets reporters, editors and technologists covers the entire listed company universe in Canada. We cover over 3,985 businesses, their people, their investors, and their customers. We write the stories that move the Canadian capital markets.
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SOURCE: The Market Herald
News Provided by ACCESSWIRE via QuoteMedia
Collective Mining Ltd. (TSXV: CNL) ("Collective" or the "Company") is pleased to announce high-grade gold and silver channel sample assay results from its grassroot generated Olympus target ("Olympus") within the Guayabales project ("Guayabales"), Colombia. The Company presently has three diamond drill rigs operating at Guayabales with drills turning at the Olympus and Apollo targets as well as the newly discovered Trap target. At Olympus, the Company is focused on expanding upon the recently announced discovery holes of 302 metres @ 1.11 gt gold equivalent and 216.7 metres @ 1.08 gt gold equivalent (refer to press release dated March 15 and May 9, 2022, respectively).
Highlights (Table 1 and Figures 1 and 2)
Table 1: Chip Channel Sample Assay Results from Olympus
| Sample ID | Au (g/t) | Ag (g/t) |
| R5465 | 220.97 | 812 |
| R5437 | 134.73 | 598 |
| R5450 | 88.28 | 409 |
| R5216 | 73.83 | 675 |
| R5412 | 59.15 | 365 |
| CM3948 | 38.78 | 450 |
| R5226 | 33.91 | 33 |
| R5464 | 17.02 | 68 |
| R5453 | 9.06 | 353 |
| R5224 | 5.61 | 1 |
| R5448 | 5.28 | 329 |
| R5456 | 5.17 | 89 |
| R5467 | 5.02 | 62 |
| R5413 | 4.97 | 238 |
| R5435 | 4.39 | 108 |
| R5434 | 4.20 | 193 |
| R5417 | 2.87 | 161 |
| R5452 | 2.75 | 76 |
| R5449 | 2.65 | 102 |
| R5219 | 2.57 | 54 |
| R5457 | 1.45 | 347 |
* C hannel chip samples reported above are over true horizontal sampling widths of between 0.1 and 1 m etre . Sample grades are uncapped
* * Channel samples are representative of 2 - dimensional space and as a result should not be relied upon as being representative of average gra des anticipated in any future resource estimate or mining scenario .
** *Assay results for b ase metal s are still pending for all samples listed .
"With the scale of veining and alteration at Olympus and mineralized systems that come to surface, the Company now believes that we have a discovered a vein and broad mineralized system," commented Ari Sussman, Executive Chairman. "The more exploration we undertake, the more high-grade veins we find. We will remain aggressive with drilling at Olympus and look forward to commencing the first underground drill-hole into the high-grade vein portion of the system in June 2022."
Figure 1: Plan View of the Guayabales Project and the Olympus South Target
https://www.globenewswire.com/NewsRoom/AttachmentNg/a3099c7e-51eb-4385-89ec-620f9c6a649d
Figure 2: Photos of High-Grade Polymetallic Grab Samples Taken at Olympus
https://www.globenewswire.com/NewsRoom/AttachmentNg/cbbce069-dbb1-4ad0-b430-f28519b8285c
Veins of massive sulfides with pyrite, sphalerite, galena and chalcopyrite.
Qualified Person (QP) and NI43-101 Disclosure
David J Reading is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same. Mr. Reading has an MSc in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geology (SEG).
Technical Information
Rock samples have been prepared and analyzed at SGS laboratory facilities in Medellin, Colombia and Lima, Peru. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. Crush rejects and pulps are kept and stored in a secured storage facility for future assay verification. No capping has been applied to sample composites. The Company utilizes a rigorous, industry-standard QA/QC program.
About Collective Mining Ltd.
To view the Company's most recent investor presentation, please visit www.collectivemining.com
Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making a significant new mineral discovery and advancing the projection to production. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program at both the Guayabales and San Antonio projects a total of eleven major targets have been defined. The Company is fortuitous to have made significant grassroots discoveries on both projects with discovery holes of 302 metres 1.1 g/t AuEq and 104 metres @ 1.3 g/t AuEq at the Guayabales project and 710 metres @ 0.53 AuEq at the San Antonio project. ( See press releases dated October 18 th and 27 th , 2021 and March 15, 2022, for AuEq calculations.)
Contact Information
Collective Mining Ltd.
Steve Gold, Vice President, Corporate Development and Investor Relations
Tel. (416) 648-4065
To schedule a one-on-one meeting with management please use the following link:
https://calendly.com/collectivemining/30min?month=2021-11
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about the drill programs, including timing of results, and Collective's future and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
News Provided by GlobeNewswire via QuoteMedia
Collective Mining Ltd. (TSXV: CNL) ("Collective" or the "Company") is pleased to announce that the second drill hole to test the Apollo target ("Apollo") is advancing as part of the Company's fully funded minimum 20,000 metre drill program for 2022 at the Guayabales project ("Guayabales"), located in Caldas, Colombia. The Company presently has three diamond drill rigs at Guayabales with drills currently operating at Apollo and the Olympus area where the Company is focused on expanding upon the recently announced Olympus Central discovery hole of 302 metres @ 1.11 gt gold equivalent (refer to press release dated March 15, 2022) to the south and west. Apollo is located approximately 600 metres to the southeast of Olympus Central.
Surface mapping and soil and rock chip sampling at Apollo have outlined a porphyry target in the south with a porphyry-related hydrothermal breccia target flanking its northern side. Both the porphyry and breccia targets are characterized by coincidental high-grade copper and molybdenum soil anomalies measuring greater than 500 parts per million ("ppm") and 30 ppm, respectively . Apollo covers an area measuring 750 metres X 580 metres and remains open to the east, west and south for further expansion.
Highlights (See Figures 1 – 3)
"The Guayabales project continues to demonstrate that it has been blessed with a remarkable mineral endowment. We are early in the first inning of unlocking the potential of this asset and already we have drilled three potentially significant discoveries characterized by broad zones of mineralization. Assay results are expected from both Olympus and Apollo in the near term and our fully funded drill program will continue unabated through the balance of 2022," commented Ari Sussman, Executive Chairman.
Figure 1: Plan View of the Guayabales Project Highlighting the Apollo Target
https://www.globenewswire.com/NewsRoom/AttachmentNg/db9255de-d5eb-4697-8016-33a1642a93ed
Figure 2: Plan View of the Apollo Target Area Outlining Porphyry and Breccia Targets Overprinted by High-Grade Coincidental Copper and Molybdenum Soil Anomalies
https://www.globenewswire.com/NewsRoom/AttachmentNg/3a55c14e-34b7-40f8-b0ee-6465bdf181da
Figure 3: Core Photos from Drill Hole APC-1W
https://www.globenewswire.com/NewsRoom/AttachmentNg/05a0640c-87b0-4d03-a3ab-c7f34cfc40a8
Mineralized hydrothermal breccia with localized overprinting porphyry veins (CBM). The matrix of mineralization consists of chalcopyrite, pyrite, sphalerite and galena.
About Collective Mining Ltd.
To view our latest corporate presentation, please visit www.collectivemining.com
Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making a significant new mineral discovery and advancing the projection to production. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result are fully aligned with shareholders. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program on both the Guayabales and San Antonio projects a total of twelve major targets have been defined. The Company is fortuitous to have made significant grass root discoveries on both projects with near surface discovery holes at the Guayabales project yielding 302 metres 1.11 g/t AuEq at the Olympus target and 163 metres @ 1.3 g/t AuEq at the Donut target. At the San Antonio project, the Company intersected from surface 710 metres @ 0.53 AuEq. ( See press releases dated October 27 th , 2021, November 15, 2021 and March 15, 2022 for AuEq calculations.)
Qualified Person (QP) and NI43-101 Disclosure
David J Reading is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same. Mr. Reading has an MSc in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geology (SEG).
Technical Information
Rock and core samples have been prepared and analyzed at SGS laboratory facilities in Medellin, Colombia and Lima, Peru. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. Crush rejects and pulps are kept and stored in a secured storage facility for future assay verification. No capping has been applied to sample composites. The Company utilizes a rigorous, industry-standard QA/QC program.
Contact Information
Collective Mining Ltd.
Steve Gold, Vice President, Corporate Development and Investor Relations
Tel. (416) 648-4065
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about the drill programs, including timing of results, and Collective's future and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
News Provided by GlobeNewswire via QuoteMedia
Collective Mining Ltd. (TSXV: CNL) ("Collective" or the "Company") is pleased to announce assay results for the final five diamond drill holes completed in late 2021 at the Donut Target ("Donut") as part of its maiden drill program at the Guayabales project ("Guayabales"), located in Caldas, Colombia. The Company presently has four diamond drill rigs operating at Guayabales and plans to complete a minimum of 20,000 metres of drilling in 2022. The 2022 program will focus on expanding upon the recently announced Olympus Central discovery hole of 302 metres @ 1.11 gt gold equivalent while also testing for the first time a suite of new targets including but not limited to Victory East, Victory West, Olympus South and Apollo.
Highlights (See Table 1 and Figures 1 – 2)
"Over the course of the past year, Collective has drilled five grassroots generated targets and made three significant new discoveries, two of which are at the Guayabales project and one at the San Antonio project. In my career, I have never been involved in projects as prospective as our current portfolio. We plan on remaining aggressive for the balance of 2022 and will focus on expanding the mineralization at Olympus Central, where we recently drilled the discovery hole yielding 302 metres from near surface at 1.11 g/t gold equivalent. Additionally, over the next two weeks we will begin drilling at the Apollo target, which is characterized by coincidental copper and molybdenum soil anomalies blanketing outcropping porphyry related veins and breccias. By the middle of Q2, 2022 maiden drill programs will begin at the Victory East and Victory West targets, both of which are large scale copper and gold porphyry targets. Finally, drill programs to test the high-grade vein system at Olympus South and the porphyry potential at Donut will commence in early Q3, 2022," commented Ari Sussman, Executive Chairman.
Table 1: Assay Results for drill holes DOC-6 – DOC-10
| Hole ID | From (m) | To (m) | Intercept (m) | Au (g/t) | Ag (g/t) | Cu % | Mo % | AuEq (g/t)* |
| DOC-6 | 58.0 | 209.1 | 151.1 | 0.54 | 11 | 0.03 | 0.002 | 0.74 |
| Incl. | 58.0 | 88.6 | 30.60 | 0.83 | 10 | 0.03 | 0.002 | 1.02 |
| DOC-7 | 13.0 | 155.2 | 142.2 | 0.36 | 13 | 0.03 | 0.002 | 0.63 |
| DOC-8 | 18.0 | 125.7 | 107.7 | 0.78 | 21 | 0.02 | 0.001 | 1.13 |
| Incl. | 27.9 | 30.4 | 2.50 | 15.62 | 6 | 0.03 | 0.001 | 14.99 |
| DOC-9 | 5.4 | 74.3 | 68.9 | 0.97 | 24 | 0.03 | 0.002 | 1.39 |
| DOC-10 | 53.5 | 229.7 | 176.2 | 0.44 | 22 | 0.03 | 0.002 | 0.84 |
| Incl | 53.5 | 99.6 | 46.10 | 0.44 | 34 | 0.04 | 0.002 | 1.06 |
* AuEq (g/t) is calculated as follows: (Au (g/t) x 0.95) + (Ag g/t x 0.017 x 0.95) + (Cu (%) x 2.06 x 0.95) + (Mo (%) x 6.86 x 0.95), utilizing metal prices of Cu – US$4.50/lb, Mo – US$15.00/lb, Ag – $25/oz and Au – US$1,500/oz and recovery rates of 95% for Au, Ag, Cu and Mo. Recovery rate assumptions are speculative as no metallurgical work has been completed to date.
** A 0.1 g/t AuEq cut-off grade was employed with no more than 10% internal dilution. True widths are unknown, and grades are uncut.
Figure 1: Plan View of the Guayabales Project Highlighting the Donut Target
https://www.globenewswire.com/NewsRoom/AttachmentNg/1811d333-0275-41df-a665-d5ada19f8db2
Figure 2: Plan View of the Donut Target Area
https://www.globenewswire.com/NewsRoom/AttachmentNg/37201ee8-2162-46fa-8231-a2a9186aaf9b
About Collective Mining Ltd.
Click HERE to view our latest corporate presentation, or find it at www.collectivemining.com
Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America. Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, the mission of the Company is to repeat its past success in Colombia by making a significant new mineral discovery and advancing the projection to production. Management, insiders and close family and friends own approximately 40% of the outstanding shares of the Company and as a result are fully aligned with shareholders. Collective currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program on both the Guayabales and San Antonio projects a total of twelve major targets have been defined. The Company is fortuitous to have made significant grass root discoveries on both projects with near surface discovery holes at the Guayabales project yielding 302 metres 1.11 g/t AuEq at the Olympus target and 104 metres @ 1.3 g/t AuEq at the Donut target. At the San Antonio project, the Company intersected from surface 710 metres @ 0.53 AuEq. ( See press releases dated October 18 th and 27 th , 2021 and March 15, 2022 for AuEq calculations.)
Qualified Person (QP) and NI43-101 Disclosure
David J Reading is the designated Qualified Person for this news release within the meaning of National Instrument 43-101 ("NI 43-101") and has reviewed and verified that the technical information contained herein is accurate and approves of the written disclosure of same. Mr. Reading has an MSc in Economic Geology and is a Fellow of the Institute of Materials, Minerals and Mining and of the Society of Economic Geology (SEG).
Technical Information
Rock and core samples have been prepared and analyzed at SGS laboratory facilities in Medellin, Colombia and Lima, Peru. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. Crush rejects and pulps are kept and stored in a secured storage facility for future assay verification. No capping has been applied to sample composites. The Company utilizes a rigorous, industry-standard QA/QC program.
Contact Information
Collective Mining Ltd.
Steve Gold, Vice President, Corporate Development and Investor Relations
Tel. (416) 648-4065
FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including, but not limited to, statements about the drill programs, including timing of results, and Collective's future and intentions. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Collective cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Collective assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
News Provided by GlobeNewswire via QuoteMedia
Recognizing 20 Years of Transparent Sustainability Reporting
Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) today published its 2023 Sustainability Report and its 2023 Taxes and Royalties Contributions Report . The reports highlight the company's material ESG and socio-economic contributions over the past year. This year marks the 20 th anniversary for Newmont's Annual Sustainability Report, representing a milestone for the company as a longstanding industry leader in sustainability.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240417961090/en/
Newmont's 2023 Sustainability Report (Graphic: Business Wire)
"Our 2023 Sustainability Report demonstrates our unwavering commitment to responsible resource management and the integral role that Newmont plays in creating a more sustainable future," said Newmont Chief Safety and Sustainability Officer Suzy Retallack. "We recognize the responsibility we have to mitigate our environmental impact and make a difference in the areas we operate, while continuously working to improve, partner, and learn so that we leave a positive legacy."
Highlights of Newmont's 2023 Sustainability Report :
Newmont recognizes the most important measure of success is and will always be keeping everyone healthy and safe. The company is deeply saddened by the recent losses of colleagues at our Brucejack, Ahafo North, and Cerro Negro mines. We extend our sincere condolences to their families and friends. These tragic incidents are a reminder of the need to be eternally vigilant and work continuously to improve safety across the business.
Our commitment to sustainability is crucial to achieving our purpose of creating value and improving lives through sustainable and responsible mining. From supporting our workforce to implementing sustainable practices and meeting our financial obligations, we will continue striving for excellence in everything we do.
Newmont's 2023 Sustainability Report was prepared in accordance with the GRI (Global Reporting Initiative) Standards including the Mining and Metals Sector Supplement, and the Sustainability Accounting Standards Board (SASB) Metals & Mining Standard. The Report was externally assured on select publicly reported material data, reflecting Newmont's commitment to transparency and reporting obligations as a founding member of the International Council on Mining and Metals (ICMM), and as an early adopter of the UN Guiding Principles Reporting Framework.
Highlights of Newmont's 2023 Taxes and Royalties Contribution Report:
Our strong sustainability focus also delivered significant economic benefits for our stakeholders, as detailed in our third annual Taxes and Royalties Contribution Report . The report outlines our tax strategy and payments to communities and governments where we operate – revenue sources that foster development and economic stability in our host countries. In 2023 we:
To learn more about Newmont's approach to sustainability and related disclosures, visit www.newmont.com/sustainability .
About Newmont
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Figure 1: Location map of Las Alteras uranium project
Commenting on Norfolk Metals, Executive Chairman, Ben Phillips, states:
“Norfolk has secured an exceptional opportunity in Argentina where we expect to see strong increase in positive sentiment from government, uranium explorers and investors throughout 2024. Las Alteras is surrounded by multiple uranium deposits to the east, west and south with historical mines located to the north and south. We are currently reviewing the historical drill information boarding the eastern block of Las Alteras where uranium has been delineated in the same structures as the flagship Cerro Solo deposit. This uranium trend is increasing as the holes approach Las Alteras ground making this area one of several priorities of our focus.”
Las Alteras Exclusivity
Las Alteras uranium project is surrounded by non-JORC foreign estimates* at URAmerica’s Meseta Central deposit (19.1Mlbs eU308¹), CNEA’s Cerro Solo deposit (11.49Mlbs U308²), ISO Energy’s Laguna Salada deposit (10.1Mlbs U308³) along with the Cerro Condor and Los Adobes historical uranium mines. AlterasAs the uranium market continues to evolve globally it is Norfolk’s view that the Chubut region of the San Jorge Basin hosting the renowned government owned Cerro Solo deposit presents an exceptional opportunity to diversify and grow the Company. The addition of the Las Alteras project suite will allow Norfolk to progress the appointment of Key Management Personnel and advisors.
Please see the Company presentation regarding the Las Alteras uranium project released today on the ASX on the 18th of April 2024.
Click here for the full ASX Release
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