Inference

K92 Mining Announces Strong 2023 Q4 and Annual Financial Results – Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA, Production, Ore Mined, Ore Processed and Development; Annual Production, Cash Cost and AISC Better Than Guidance

Retrieved on: 
Monday, April 1, 2024

Record quarterly production of 39,101 ounces gold equivalent (“AuEq”), or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver (1) (2).

Key Points: 
  • Record quarterly production of 39,101 ounces gold equivalent (“AuEq”), or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver (1) (2).
  • Cash costs of US$430/oz gold, second lowest to date, and all-in sustaining costs (“AISC”) of US$1,062/oz gold (2).
  • Record amount of ore mined of 155,062 tonnes and record total mined material (ore plus waste) of 347,529 tonnes, a 39% and 21% increase from Q4 2022, respectively.
  • Cash costs of US$585/oz gold and AISC of US$1,162/oz gold, beating original guidance ranges for cash cost of $620 to $680/oz gold, and AISC of $1,180 to $1,300/oz gold (2).

Liberty Gold Reports Year-End 2023 Financial and Operating Results

Retrieved on: 
Thursday, March 28, 2024

VANCOUVER, British Columbia, March 28, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the fiscal year ended December 31, 2023.

Key Points: 
  • VANCOUVER, British Columbia, March 28, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) ("Liberty Gold" or the “Company”), is pleased to announce its financial and operating results for the fiscal year ended December 31, 2023.
  • On September 5, 2023, published second annual Environmental, Social and Governance report: Developing Gold Deposits in a Responsible and Sustainable Manner2.
  • On November 8, 2023, announced the appointment of Cal Everett as Chief Executive Officer and Jon Gilligan as President, effective November 10, 20233.
  • Completed 2023 RC exploration drilling program as of December 31, 2023, for a total of 27,461 meters drilled.

INDUSTRY LEADING PPA EFPGA AND DSP/AI IN DEVELOPMENT FOR TSMC N5/4/3

Retrieved on: 
Tuesday, April 9, 2024

MOUNTAIN VIEW, Calif., April 9, 2024 /PRNewswire/ -- Flex Logix® Technologies, Inc., the leading supplier of embedded FPGA (eFPGA) IP and reconfigurable DSP/AI solutions, announced that it is in development of next generation EFLX eFPGA Generation 3.0 for TSMC N5/4 and N3. EFLX Generation 3.0, along with the eXpreso™ eFPGA compiler enables Millions of LUTs and higher frequency operation; and LUTs that can programmably be I/O's for applications requiring a lot of control like networking switches or InferX DSP/SDR/AI. EFLX Gen3.0 can reconfigure in a few microseconds for dynamic workload switches.

Key Points: 
  • MOUNTAIN VIEW, Calif., April 9, 2024 /PRNewswire/ -- Flex Logix® Technologies, Inc. , the leading supplier of embedded FPGA (eFPGA) IP and reconfigurable DSP/AI solutions, announced that it is in development of next generation EFLX eFPGA Generation 3.0 for TSMC N5/4 and N3.
  • EFLX Generation 3.0, along with the eXpreso™ eFPGA compiler enables Millions of LUTs and higher frequency operation; and LUTs that can programmably be I/O's for applications requiring a lot of control like networking switches or InferX DSP/SDR/AI.
  • "Our commercial customers rely on our TSMC EFLX eFPGA technology already from 40nm to 7nm for applications including reconfigurable crypto agility, micro FPGA, programmable GPIO, customer-programmable accelerators, reconfigurable packet processing, asynchronous control and many more.
  • We are now supporting our customers on TSMC N5/4/3 with our improved EFLX architecture and our new InferX DSP/AI hardware and the InferX compiler.

Solaris Provides Disclosure Clarifications

Retrieved on: 
Wednesday, March 13, 2024

VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is issuing the following news release as a result of a continuous disclosure review by the British Columbia Securities Commission.

Key Points: 
  • VANCOUVER, British Columbia, March 13, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is issuing the following news release as a result of a continuous disclosure review by the British Columbia Securities Commission.
  • The Company will file an amended technical report as soon as practicable with disclosure relating to the indicative starter pit removed from such disclosure.
  • The Company has also made certain disclosure in its corporate presentation regarding potential economic results for the property and consensus analyst estimates for the MRE.
  • The Company is retracting the foregoing disclosure noted in this paragraph and confirms it has not completed an economic assessment at the project.

White Gold Corp. Announces Upcoming Conferences

Retrieved on: 
Tuesday, March 12, 2024

The Company’s significant gold resources and other discoveries continue to demonstrate the expansiveness of gold mineralization on its extensive and underexplored land package in the emerging White Gold District, Yukon, Canada, with its exploration supported by strategic partners including Agnico Eagle Mines Limited and Kinross Gold Corporation.

Key Points: 
  • The Company’s significant gold resources and other discoveries continue to demonstrate the expansiveness of gold mineralization on its extensive and underexplored land package in the emerging White Gold District, Yukon, Canada, with its exploration supported by strategic partners including Agnico Eagle Mines Limited and Kinross Gold Corporation.
  • In 2023, the Company successfully increased the size of its gold resources and published an updated Mineral Resource Estimate (“MRE”) (1) for its flagship White Gold Project significantly updating the MRE to include 16.11 million tonnes of Indicated Resources averaging 2.23 grams per tonne gold for 1.153 million ounces of gold and 18.99 million tonnes of Inferred Resources averaging 1.54 grams per tonne gold for 942,400 million ounces of gold, representing an increase of Inferred Resources by 41%.
  • The updated MRE also includes a maiden resource estimate for the Ryan’s Surprise deposit, which included an Inferred Resource of 227,700 ounces of gold averaging 1.97 grams per tonne gold.
  • The Company plans to attend multiple conferences in 2024, in addition to the conferences already attended, including the conference outlined below.

Tudor Gold Significantly Increases Ounces and Grade in an Updated Mineral Resource Estimate for the Goldstorm Deposit at Treaty Creek, British Columbia with an Indicated Mineral Resource of 27.87 Moz AuEQ at 1.19 g/t AuEQ

Retrieved on: 
Tuesday, February 20, 2024

The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit.

Key Points: 
  • The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit.
  • The NS-STK Domain was reinterpreted to be a NE-SW trending stockwork and is associated with the 300H Domain mineralization.
  • We not only pushed out the edges of the Deposit, but we also successfully increased the grade of the Inferred Mineral Resource.
  • Tudor Gold understands and acknowledges that the Nisga'a and Tahltan also assert interests in the Treaty Creek area.

Aura Minerals Adds 110k Oz of Mineral Reserves at Apoena Mines in Brazil in 2023; LOM Now Exceeds 5 Years and is Expected to Continue Increasing

Retrieved on: 
Friday, February 23, 2024

P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.

Key Points: 
  • P&P at Apoena increased to 276,000 ounces (“oz”) of contained gold at the end of 2023, after depletion from production.
  • Measured and Indicated (“M&I”) Mineral Resources also continue to increase, now at 478,000 oz of contained gold after 2023 depletion.
  • Future exploration efforts will now focus on increasing Inferred Mineral Resources down dip and along strike, including expansion drilling to delineate possible connections between the pits.
  • 2023 Summary of Changes in Proven & Probable Mineral Reserves, Measured and Indicated Mineral Resources and Inferred Mineral Resources are shown in Figure 2.

Kinterra Capital’s Cannon Resources Advances Exploration at Fisher East Nickel Project to Support EV Battery Supply Chain

Retrieved on: 
Monday, February 26, 2024

Contained nickel tonnage also increased by 77% as Cannon maintained the high quality of its mineral resource while substantially increasing scale.

Key Points: 
  • Contained nickel tonnage also increased by 77% as Cannon maintained the high quality of its mineral resource while substantially increasing scale.
  • In collaboration with Kinterra, Cannon will look to engage with offtake partners, including major automotive OEMs, to partner on the development of the Fisher East project, which is advancing to supply IRA compliant nickel to the electric vehicle (“EV”) battery supply chain.
  • Kinterra and Cannon are leveraging the knowledge and expertise from NiVolt to evaluate the opportunity to convert Fisher East’s nickel sulphide concentrate into MHP and nickel sulphate to unlock additional synergies within the EV supply chain.
  • “And we are thrilled that Federal Resources Minister Madeleine King placed nickel on the Critical Minerals List, giving companies like Cannon the opportunity to access Commonwealth funding.”

Calibre’s Ore Control Drilling Intersects High-Grade Gold Outside of Reported Mineral Reserves Adding Additional Tonnes At The Valentine Gold Mine, Canada; Results Outside Mineral Reserves Include 46.53 g/t Gold Over 5.3 Metres and 17.16 g/t Gold Over 7.0

Retrieved on: 
Wednesday, February 14, 2024

The Valentine 14-year life of mine plan including the Leprechaun, Berry and Marathon open pits hosts Mineral Reserves (2022) of 51.6Mt grading 1.62 g/t gold containing 2.7 Moz1.

Key Points: 
  • The Valentine 14-year life of mine plan including the Leprechaun, Berry and Marathon open pits hosts Mineral Reserves (2022) of 51.6Mt grading 1.62 g/t gold containing 2.7 Moz1.
  • At Leprechaun, the Company completed 486 ore control RC drill holes totaling 9,168 metres, with the majority of the holes drilled on a 9 by 9 metre grid spacing.
  • Drilling identified previously unrecognized high-grade gold mineralization outside of Mineral Reserves which will lead to additional ore tonnes in the drilled area compared to the 2022 Valentine Feasibility Study.
  • The ore control drilling has also confirmed in-pit gold mineralization previously modelled as Inferred Mineral Resources adding ore tonnes which were not considered in the 2022 Valentine Feasibility Study.

Uranium Energy Corp Intersects 6.28% eU3O8 Over 2.9 metres in a 25 metre Step Out from the Roughrider East Zone Deposit

Retrieved on: 
Wednesday, January 31, 2024

Both exploration and metallurgical sample drilling have been successful at intersecting uranium mineralization.

Key Points: 
  • Both exploration and metallurgical sample drilling have been successful at intersecting uranium mineralization.
  • Discovery of new high-grade vein hosted mineralization in hole RR-889 grading 6.29% eU3O8 over 2.9 metres ("m") ~25 m west of the East Zone deposit ("East Zone"): The mineralization is consistent with the grades and thicknesses of the East Zone and provides targets for resource expansion.
  • Roughrider next steps: UEC plans to drill an additional 20 holes comprising about 9,000 m this winter to identify new areas of uranium mineralization.
  • The drilling program will continue through the winter and focus on exploration for additional uranium that is outside the existing mineralized zones.