Ministry of Oil and Mineral Reserves (Syria)

Liberty Gold Announces Updated Resource Estimate for the Black Pine Oxide Gold Deposit, Idaho

Retrieved on: 
Tuesday, February 7, 2023

VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce an update to the independent Mineral Resource Estimate (the “Resource” or “MRE”) at its Black Pine Oxide Gold Project (“Black Pine”) in southeastern Idaho. The updated Resource builds on the maiden resource released on July 13, 20211, and includes an additional 528 Reverse Circulation (“RC”) and core holes (126,726 metres) drilled by Liberty Gold between April 2021 and October 2022. 

Key Points: 
  • Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grades, and contained gold content.
  • As of December 31, 2022, Liberty Gold has expended approximately US$48.7 million dollars all-in on the project, including acquisition costs, or approximately US$16 per resource ounce of gold.
  • “The updated MRE represents the next step in validating our hypothesis that the Black Pine gold system may be the largest oxide gold system in the Great Basin not currently being mined,” stated Moira Smith, Liberty Gold’s Corporate Technical Advisor.
  • The Discovery Zone continues to host the largest contiguous body of gold mineralization at Black Pine, with the Rangefront Zone now the second largest.

Calibre Outlines 2023 Multi-Rig Gold Discovery and Resource Expansion Drill Programs In Nevada and Nicaragua

Retrieved on: 
Tuesday, February 7, 2023

VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to provide an update on the Company's 2023, multi-jurisdictional, 100 km discovery and resource expansion drill programs.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to provide an update on the Company's 2023, multi-jurisdictional, 100 km discovery and resource expansion drill programs.
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am very pleased with the outcome of our 2022 drill programs in both jurisdictions.
  • The team were able to deliver our objective of identifying new, robust deposits, confirming the significant discovery and resource expansion potential across our underexplored assets.
  • The high-grade Panteon North zone and the multi-kilometre long VTEM Gold Corridor remain our top priorities in Nicaragua, while the Coyote gold discovery at Pan, and deeper Carlin-style targets at Gold Rock have the team very excited in Nevada.

Caledonia Mining Corporation Plc: Mineral Resources and Reserves Update at the Blanket Mine

Retrieved on: 
Monday, February 6, 2023

Mineral Resources and Reserves are stated in the 1300 S-K TRS pursuant to 1300 S-K on an attributable basis (i.e.

Key Points: 
  • Mineral Resources and Reserves are stated in the 1300 S-K TRS pursuant to 1300 S-K on an attributable basis (i.e.
  • 64%, based on the Company’s percentage ownership of Blanket Mine) and Mineral Resources are stated exclusive of Mineral Reserves.
  • Given that under NI 43-101 Mineral Resources and Reserves are stated on a 100% (i.e.
  • non attributable basis) and Mineral Resources are inclusive of Mineral Reserves, the estimates in the 1300 S-K TRS (the “TRS Mineral Resources and Reserves”) as shown in this announcement and to which the new estimates have been compared have also been grossed up to 100% (i.e.

Alamos Gold Reports One of the Best Holes Drilled to Date at Puerto Del Aire (33.40 g/t Au (11.48 g/t cut) over 25.95 m true width), Further Extending High-Grade Gold Mineralization Beyond Mineral Reserves and Resources

Retrieved on: 
Thursday, February 2, 2023

Puerto Del Aire: high-grade gold mineralization extended within 200 metre (“m”) gap between Mineral Reserves and Resources at PDA1 and PDA2 as drilling continues to close the gap between the two zones.

Key Points: 
  • Puerto Del Aire: high-grade gold mineralization extended within 200 metre (“m”) gap between Mineral Reserves and Resources at PDA1 and PDA2 as drilling continues to close the gap between the two zones.
  • This includes the best hole drilled in the 2022 program and one of the best holes drilled to date at PDA (22MUL077).
  • In addition to the Mineral Reserve, Measured and Indicated Mineral Resources totalled 124,000 ounces (0.77 Mt grading 5.05 g/t Au).
  • Surface exploration drilling continues to extend high-grade mineralization beyond existing Mineral Reserves and Resources across multiple mineralized zones within PDA.

Fortuna reports on Yaramoko’s updated reserves and resources evaluation work and its Brownfields exploration program

Retrieved on: 
Friday, January 27, 2023

The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.

Key Points: 
  • The Yaramoko Mine is subject to a 10% carried interest held by the government of Burkina Faso.
  • Reasons for the changes are related to geological reinterpretation and upgrading based on the exploration and infill drilling.
  • The aforementioned changes in the Mineral Resources and Mineral Reserves are not material to the Company´s consolidated Mineral Resources and Mineral Reserves.
  • Paul Weedon, Senior Vice President of Exploration at Fortuna, is a member of the Australian Institute of Geoscientists (Membership #6001) and a Qualified Person as defined by NI 43-101.

Fortuna reports 2022 full year record production of 401,878 gold equivalent ounces and issues 2023 annual guidance

Retrieved on: 
Tuesday, January 17, 2023

Gold production for the year totaled a record 118,418 ounces, comprised of 116,191 ounces in doré and 2,227 ounces of gold-in-carbon (GIC), meeting annual guidance (refer to Fortuna news release dated January 18, 2022 ).

Key Points: 
  • Gold production for the year totaled a record 118,418 ounces, comprised of 116,191 ounces in doré and 2,227 ounces of gold-in-carbon (GIC), meeting annual guidance (refer to Fortuna news release dated January 18, 2022 ).
  • Silver and gold production for 2022 totaled 5.8 million ounces, the upper end of annual guidance, and 34,124 ounces, the mid-point of annual guidance, respectively.
  • Gold production at the Yaramoko Mine in Burkina Faso met the mid-point of the annual production guidance range.
  • Gold production in 2022 totaled 106,108 ounces achieving the mid-point of the annual guidance range.

Fission Announces Tier 1 Economics for PLS with Feasibility Study: Lower Initial CAPEX, Increased Mine Life, NPV and IRR

Retrieved on: 
Tuesday, January 17, 2023

These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").

Key Points: 
  • These impressive FS results further enhance the robust economics outlined in the 2019 pre-feasibility study (the "PFS").
  • Of additional note, initial CAPEX is marginally lower (~2%) than the PFS for a total of $1.155B – a remarkable achievement given current global inflation.
  • The results confirm the economic strength of the PLS project as well as its minimal environmental footprint.
  • With nuclear energy and the uranium sector strengthening year on year, Fission is ideally positioned to continue developing PLS through the environmental assessment and licensing phase.

Mandalay Resources Corporation Announces 2022 Fourth Quarter and Full-Year Production and Sales Results, Provides Guidance for 2023

Retrieved on: 
Friday, January 13, 2023

TORONTO, Jan. 13, 2023 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.
  • Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and
    Full-year consolidated saleable gold equivalent sold was 106,094 ounces.
  • On a consolidated basis, Mandalay recorded its best month during 2022, in October with 10,553 saleable gold equivalent ounces produced.
  • Production at Björkdal was 10,256 ounces of gold in the fourth quarter of 2022 as compared to 11,190 ounces of gold in the fourth quarter of 2021.

Mandalay Resources Corporation Announces 2022 Fourth Quarter and Full-Year Production and Sales Results, Provides Guidance for 2023

Retrieved on: 
Friday, January 13, 2023

TORONTO, Jan. 13, 2023 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ -- Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) (OTCQB: MNDJF) announced today its production and sales results for the fourth quarter and full-year 2022 and provides production and cost guidance for 2023.
  • Consolidated full-year 2022 production of 105,906 saleable gold equivalent ounces; and
    Full-year consolidated saleable gold equivalent sold was 106,094 ounces.
  • On a consolidated basis, Mandalay recorded its best month during 2022, in October with 10,553 saleable gold equivalent ounces produced.
  • Production at Björkdal was 10,256 ounces of gold in the fourth quarter of 2022 as compared to 11,190 ounces of gold in the fourth quarter of 2021.

Caledonia Mining Corporation Plc Record Annual Production at Blanket Mine and Guidance for 2023

Retrieved on: 
Friday, January 13, 2023

Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information.

Key Points: 
  • Security holders, potential security holders and other prospective investors are cautioned not to place undue reliance on forward-looking information.
  • This news release is not an offer of the shares of Caledonia for sale in the United States or elsewhere.
  • 2 Refer to the technical report entitled "Caledonia Mining Corporation Plc NI 43-101 Technical Report on the Blanket Gold Mine, Zimbabwe" dated May 17, 2021 prepared by Minxcon (Pty) Ltd and filed by the Company on SEDAR on May 26, 2021.
  • On-mine cost includes intercompany procurement margins and the margin on the sale of solar power from a wholly-owned subsidiary of Caledonia to Blanket.