Net smelter return

Aura Reports Updated Mineral Reserves and Mineral Resources

Retrieved on: 
Tuesday, April 2, 2024
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The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.

Key Points: 
  • The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.
  • The charts below show changes in P&P Mineral Reserves Estimates, M&I Mineral Resources Estimates and Inferred Mineral Resources Estimates for Apoena as of December 31, 2023, compared to December 31, 2022.
  • Mineral Reserves estimated by Aura total approximately 34.5 Mt in P&P Mineral Reserves at an average grade of 0.50 g/t Au.
  • Borborema also showcases a strong Mineral Reserve base, with Probable Mineral Reserves of 812,000 oz gold, and an extensive Mineral Resource profile with strong growth potential that consists of 2,077 koz of indicated Mineral Resources and 393 koz of Inferred Mineral Resources.

CDSG ANNOUNCES RESTRUCTURING OF EARN-IN AGREEMENT FOR 100% INTEREST IN THE TITAN 1 AND 2 MINERAL LICENSES IN TANZANIA

Retrieved on: 
Monday, November 20, 2023
Titan, Lithium, President of Republika Srpska, Net smelter return

Las Vegas, NV., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) as a result of the restructuring, the Company has no further cash payment obligations for 100% ownership of the Titan 1 and Titan 2 Prospecting Licenses and that all claims to Net Smelter Return (“NSR”) holdings have been relinquished.

Key Points: 
  • Las Vegas, NV., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the “Company” or “CDSG”) as a result of the restructuring, the Company has no further cash payment obligations for 100% ownership of the Titan 1 and Titan 2 Prospecting Licenses and that all claims to Net Smelter Return (“NSR”) holdings have been relinquished.
  • The restructuring will result in a $6,275,000 reduction in payments and potential ownership of NSRs for the Company on the projects.
  • “The Titan Lithium Projects are proving to be world class standouts in both size and grade,” commented Craig Alford, CEO, and a Qualified Person under 43-101.
  • “Gaining full ownership of the projects is an enormous step forward for the Company and its shareholders.”
    Both licenses are now available to be viewed on the company’s website on the "About Us" tab.

Trailbreaker Resources Consolidates Castle Rock Property, Northern Vancouver Island

Retrieved on: 
Tuesday, August 8, 2023
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VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that it has consolidated the Castle Rock property on northern Vancouver Island, British Columbia (BC).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that it has consolidated the Castle Rock property on northern Vancouver Island, British Columbia (BC).
  • Trailbreaker has now signed an agreement with Cazador which provides Trailbreaker with the option to own 100% of the 3,108-hectre (ha) Castle Rock property.
  • The soil anomaly associated with the Heart zone occurs on Trailbreaker claims and is open toward the southeast and northwest.
  • This indicates potential for the Castle Rock property to host much higher-grade gold mineralization than identified thus far.

Trailbreaker Resources Options Portion of the Eagle Lake Property to Vizsla Copper Corp.

Retrieved on: 
Monday, June 12, 2023
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VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the signing of an option agreement with Vizsla Copper Corp. (“Vizsla Copper”) for a portion of Trailbreaker’s Eagle Lake property.

Key Points: 
  • VANCOUVER, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) -- Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the signing of an option agreement with Vizsla Copper Corp. (“Vizsla Copper”) for a portion of Trailbreaker’s Eagle Lake property.
  • The Eagle Lake property borders Vizsla Copper’s Woodjam copper-gold porphyry project.
  • Daithi Mac Gearailt, CEO of Trailbreaker, commented: “We are very pleased to come to an arrangement with Vizsla Copper.
  • Located 55 km east of Williams Lake, BC, the Eagle Lake property was generated by Trailbreaker in early 2022 through an agreement with Teck Resources Limited, combined with additional claim staking (see May 18, 2022 news release ).

Victory Battery Metals Corp. Announces Closing of Acquisition of Georgia Lake Claims and Shares for Debt Transaction with Plateau Ventures LLC

Retrieved on: 
Tuesday, May 2, 2023
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Pursuant to the Shares for Debt Transaction, the Corporation will issue an aggregate of 1,000,000 Common Shares, at a deemed price of $0.065 per Common Share to Plateau Ventures LLC, based on successful drilling achievements.

Key Points: 
  • Pursuant to the Shares for Debt Transaction, the Corporation will issue an aggregate of 1,000,000 Common Shares, at a deemed price of $0.065 per Common Share to Plateau Ventures LLC, based on successful drilling achievements.
  • The proposed shares for debt settlement is subject to the approval of the Canadian Securities Exchange.
  • The transaction is arm's length, and the Corporation is not paying any finders' fees in connection therewith.
  • The Common Shares issued on both transactions will be subject to a four month hold period.

PROSPECT RIDGE RESOURCES ACQUIRE 100% OF THE HOLY GRAIL PROPERTY AND APPOINT JASMINE LAU AS NEW CFO

Retrieved on: 
Wednesday, February 8, 2023
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VANCOUVER, BC, Feb. 8, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce that it has completed its acquisition of 100% of the Holy Grail property.

Key Points: 
  • VANCOUVER, BC, Feb. 8, 2023 /PRNewswire/ - Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is pleased to announce that it has completed its acquisition of 100% of the Holy Grail property.
  • Loan Wolf Exploration Ltd has a 1.5% NSR on the property from which 1% can be purchased for $1M.
  • This NSR also applies to our fully owned Knauss Creek property in place of certain royalties that were previously granted.
  • Prospect Ridge is also pleased to announce the appointment of Ms. Jasmine Lau, CPA, CA, as Chief Financial Officer ("CFO").

Trillium Gold Signs Option Agreement for Additional Claims Adjacent to its Uchi Gold Property in Red Lake

Retrieved on: 
Friday, January 27, 2023
NI, NSR, Agreement, Indian stock exchange, Net smelter return, News, Music

The Common Shares of Trillium Gold issued under the Agreement will be subject to a four-month holding period from the closing date.

Key Points: 
  • The Common Shares of Trillium Gold issued under the Agreement will be subject to a four-month holding period from the closing date.
  • The Agreement is subject to the approval of the TSXV and other applicable regulatory authorities.
  • In addition, Trillium Gold shall enter into a royalty agreement (the “Uchi Royalty Agreement”) whereby the Company will grant the vendors a maximum royalty not exceeding an aggregate of 1.5% Net Smelter Returns (NSR) royalty on each claim comprising the Uchi Property, (each a “Uchi Royalty”).
  • Each Uchi Royalty will be subject to a one-time option to repurchase from the vendors 0.5% of the Uchi Royalty (resulting in a 1.0% remaining Uchi Royalty) by paying to the vendors an aggregate amount equal to Cdn $500,000.

Lion One Secures US$37 Million Financing Facility from Nebari

Retrieved on: 
Friday, January 20, 2023
SOFR, Net smelter return, Tranche, Creditor, Date, TSX Venture Exchange, Payment, Warrant, Pandemic Emergency Financing Facility, Term Asset-Backed Securities Loan Facility, Equity, Nebari, Maturity, ASX, Professional, Debtor, CAD, Gold, Security (finance), LP, Livatu

North Vancouver, BC, Jan 20, 2023 - (ACN Newswire) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility").

Key Points: 
  • North Vancouver, BC, Jan 20, 2023 - (ACN Newswire) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility").
  • Proceeds from the Financing Facility will accelerate project construction and development at the Company's 100% owned and fully permitted high-grade Tuvatu Alkaline Gold Project in Fiji.
  • Lion One expects first production to be achieved by December 2023.
    Financing Facility (All figures in USD): The Financing Facility consists of a US$35 million senior secured first lien term loan (the "Loan Facility") and a US$2 million (CAD$2.7 million) equity investment ("the Equity Investment") in common shares of Lion One.
  • Equity Investment: Concurrently with the Loan Facility, Nebari has entered into a subscription agreement to purchase 3,125,348 common shares of Lion One at a price of CAD$0.86 per share, representing an aggregate equity investment of US$2M (CAD$2.7M).

Lion One Secures US$37 Million Financing Facility from Nebari

Retrieved on: 
Friday, January 20, 2023
SOFR, Net smelter return, Tranche, Creditor, Date, TSX Venture Exchange, Payment, Warrant, Pandemic Emergency Financing Facility, Term Asset-Backed Securities Loan Facility, Equity, Nebari, Maturity, ASX, Professional, Debtor, CAD, Gold, Security (finance), LP, Livatu

Funding Package of US$35 Million Loan Facility and US$2 Million Equity Investment Finances and Accelerates Completion of Tuvatu Gold Mine and Production Facilities

Key Points: 
  • North Vancouver, British Columbia--(Newsfile Corp. - January 19, 2023) - Lion One Metals Limited (TSXV: LIO) (OTCQX: LOMLF) (ASX: LLO) ("Lion One" or the "Company") is pleased to announce that it has entered into a facility agreement with Nebari Gold Fund 1, LP, Nebari Natural Resources Credit Fund I, LP and Nebari Natural Resources Credit Fund II, LP (each as Lender and collectively, "Nebari"), with Nebari Collateral Agent, LLC as collateral agent and certain Lion One subsidiaries as guarantors, for a Financing Facility of up to US$37M (the "Financing Facility").
  • Proceeds from the Financing Facility will accelerate project construction and development at the Company's 100% owned and fully permitted high-grade Tuvatu Alkaline Gold Project in Fiji.
  • Lion One expects first production to be achieved by December 2023.
    Financing Facility (All figures in USD): The Financing Facility consists of a US$35 million senior secured first lien term loan (the "Loan Facility") and a US$2 million (CAD$2.7 million) equity investment ("the Equity Investment") in common shares of Lion One.
  • Equity Investment: Concurrently with the Loan Facility, Nebari has entered into a subscription agreement to purchase 3,125,348 common shares of Lion One at a price of CAD$0.86 per share, representing an aggregate equity investment of US$2M (CAD$2.7M).

U.S. Gold Corp. Announces the sale of its interest in the Maggie Creek Property for $2.75 million to Nevada Gold Mines LLC (Barrick (61.5%) and Newmont (38.5%) and retains a potential royalty

Retrieved on: 
Thursday, November 10, 2022
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Under the U.S. Gold Royalty Agreement, NGM will have the right to buy back one-half of the U.S. Gold Royalty (reducing the royalty to 0.25% of Net Smelter Returns) for a fixed price of $500,000.

Key Points: 
  • Under the U.S. Gold Royalty Agreement, NGM will have the right to buy back one-half of the U.S. Gold Royalty (reducing the royalty to 0.25% of Net Smelter Returns) for a fixed price of $500,000.
  • In addition, the U.S. Gold Royalty Agreement will provide that U.S. Gold waives the first $800,000 of production royalty payments owed to it, regardless of whether NGM exercises its buy-back rights.
  • Under the U.S. Gold Royalty Agreement, NGM will also have a right of first refusal to purchase the U.S. Gold Royalty if U.S. Gold decides to sell that royalty.
  • In 2021, we drilled two holes at the south end of our Maggie Creek exploration project.