Ministry of Oil and Mineral Reserves (Syria)

Verde announces commissioning of its Plant 2

Retrieved on: 
Wednesday, August 31, 2022
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This information and these statements, referred to herein as "forward-looking statements" are made as of the date of this document.

Key Points: 
  • This information and these statements, referred to herein as "forward-looking statements" are made as of the date of this document.
  • Verde cautions that the foregoing list of factors that may affect future results is not exhaustive.
  • When relying on our forward-looking statements to make decisions with respect to Verde, investors and others should carefully consider the foregoing factors and other uncertainties and potential events.
  • Verde does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Verde or on our behalf, except as required by law.

Perseus updates mineral resources and reserves

Retrieved on: 
Monday, August 29, 2022
Mineral resource estimation, PRU, African, Mining, Ministry of Oil and Mineral Reserves (Syria), CMA, Resource management, Gold

Perth, Western Australia/August 30, 2022/Perseus Mining Limited (ASX/TSX: PRU) wishes to update the estimates of the Mineral Resources and Ore Reserves at each of its West African operations as summarised in Table1 and Table2 below, and detailed in this report.

Key Points: 
  • Perth, Western Australia/August 30, 2022/Perseus Mining Limited (ASX/TSX: PRU) wishes to update the estimates of the Mineral Resources and Ore Reserves at each of its West African operations as summarised in Table1 and Table2 below, and detailed in this report.
  • Foreign/Historical Estimates are stated for Block 14 Mineral Resource and Mineral Reserves in the Foreign/Historical Estimate subsection.
  • Perseus Mining has delivered another year of strong exploration drilling, resulting in an increase to the Mineral Resource and replenishment of the Ore Reserve ensuring the long-term sustainability of the Groups production profile.
  • Resource definition drilling at the CMA Underground deposit at Yaour resulted in an upgrade to Mineral Resources and a maiden Ore Reserve of 2.2 Mt at 3.58 g/t gold, containing 259,000 ounces of gold.

Robex: Reports Prefeasbility Study Results for Kiniero, US$ 199 Million Net Present Value, 1.28Moz of M&I and 1.4Moz of Inferred

Retrieved on: 
Monday, August 29, 2022
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QUÉBEC CITY, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Robex Resources Inc. (“Robex ”, “the Group” or “the Company”) (TSXV:RBX) is pleased to announce that it has recently completed a positive Pre-Feasibility Study (“PFS”) and Mineral Reserve estimation for the Kiniero Gold Project (“Kiniero Project”, the “Kiniero Gold Project” or “Kiniero”) located in Republic of Guinea, West Africa.

Key Points: 
  • Forward-looking statements are often identified by the use of words such as may, will, could, would, anticipate, believe, expect, intend, potential, estimate, budget, scheduled, plans, planned, forecasts, goals and similar expressions.
  • Forward-looking statements are based on a number of factors and assumptions made by management and considered reasonable at the time such information is provided.
  • Forward-looking statements are not guarantees of future performance and the reader is cautioned not to place undue reliance on forwardlooking statements.
  • The TSX Venture Exchange Inc. has neither approved nor disapproved the contents of this news release.

Graphite One Advances its United States Graphite Supply Chain Solution Demonstrating a Pre-tax USD$1.9B NPV (8%), 26.0% IRR and 4.6 Year Payback on its Integrated Project

Retrieved on: 
Monday, August 29, 2022
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Mr. Retherford has reviewed this news release and verified that it accurately represents the geology and resource estimate that is stated.

Key Points: 
  • Mr. Retherford has reviewed this news release and verified that it accurately represents the geology and resource estimate that is stated.
  • Mr. Goodwin has also reviewed this news release and verified that it accurately represents the findings of the PFS.
  • During the course of their work, the QPs have validated the data that each used in the formulation of the resource estimate and PFS findings.
  • Total Capital Costs: Total Capital Costs are the sum of Initial Capital Costs and Sustaining Capital Costs.

Canadian North Resources Inc. Adds a Third Drill Rig to its Ferguson Lake Project and Reports Financial Results for the Second Quarter Ended June 30, 2022

Retrieved on: 
Monday, August 29, 2022
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Open pit Mineral Resources are reported at a base case NSR value of US$49.70 within a conceptual pit.

Key Points: 
  • Open pit Mineral Resources are reported at a base case NSR value of US$49.70 within a conceptual pit.
  • Underground Mineral Resources were estimated using a minimum true width of 2.5 metres and US$94.50 NSR value.
  • The Report indicates large open pit and underground Indicated and Inferred Mineral Resources with significant growth potential at the Ferguson Lake Project.
  • The company is advancing its 100% owned Ferguson Lake nickel, copper, cobalt, palladium, and platinum project in Nunavut, Canada.

Fortune Minerals Announces Completion of 2015 Debentures Extension

Retrieved on: 
Thursday, August 18, 2022
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Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debentures issued in 2015 (the "2015 Debentures") to extend their maturity date from August 12, 2022 to November 30, 2022.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debentures issued in 2015 (the "2015 Debentures") to extend their maturity date from August 12, 2022 to November 30, 2022.
  • As additional consideration for the extension of the maturity date, the Company has issued to the holders of the Amended Debentures an aggregate of 3,500,000 common shares of the Company.
  • The shares are subject to a hold period of four months and one day from the date of issuance.
  • Fortune is a Canadian mining company focused on developing the NICO Project in the Northwest Territories and Alberta.

NorthWest Copper Announces Start of 2022 Lorraine Drill Program

Retrieved on: 
Thursday, August 18, 2022
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NorthWest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia.

Key Points: 
  • NorthWest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia.
  • With a robust portfolio in a tier one jurisdiction, NorthWest Copper is well positioned to participate fully in a strengthening global copper market.
  • On Behalf of the Board of Directors of NorthWest Copper Corp.
  • NorthWest Copper does not undertake any obligation to update forward-looking information except as required by applicable securities laws.

Troilus Drills 101m @ 1.27 g/t AuEq, Incl. 3.31 g/t AuEq Over 20m, and 65m @ 1.58 g/t AuEq, Incl. 22m @ 3.26 g/t AuEq, Extends High-Grade Mineralization +200m to the North and South of the Formerly Active Z87 Pit; Provides Pre-Feasibility Study Update

Retrieved on: 
Wednesday, August 17, 2022
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Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Key Points: 
  • Mineral resources that are not mineral reserves do not have demonstrated economic viability.
  • This press release contains forward-looking statements within the meaning of applicable Canadian securities legislation.
  • Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Troilus will operate in the future.
  • Troilus does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

Fortune Minerals Negotiates Agreement in Principle to Extend the Term of Its 2015 Debentures

Retrieved on: 
Tuesday, August 16, 2022
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Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that it has reached an agreement in principle with the holders of its debentures issued in 2015 (the 2015 Debentures) to extend their maturity from August 12, 2022 to November 30, 2022.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that it has reached an agreement in principle with the holders of its debentures issued in 2015 (the 2015 Debentures) to extend their maturity from August 12, 2022 to November 30, 2022.
  • The extension of the maturity date of the 2015 Debentures remains subject to finalizing and executing definitive documentation between the Company and the holders of the 2015 Debentures (the Extension Documents).
  • The Amended Debentures will be secured by all of the assets of the Company (including the NICO cobalt-gold-bismuth-copper project (NICO Project).
  • Other than the foregoing, the material terms and conditions of the Amended Debentures are expected to remain substantially consistent with the terms of the 2015 Debentures.

TASEKO MINES: EPA ISSUES DRAFT PERMIT FOR FLORENCE COPPER PROJECT

Retrieved on: 
Monday, August 15, 2022
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VANCOUVER, BC, Aug. 15, 2022 /PRNewswire/ -Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the U.S. Environmental Protection Agency ("EPA") has publicly issued a draft Underground Injection Control ("UIC") permit for its Florence Copper Project.

Key Points: 
  • VANCOUVER, BC, Aug. 15, 2022 /PRNewswire/ -Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) ("Taseko" or the "Company") is pleased to announce the U.S. Environmental Protection Agency ("EPA") has publicly issued a draft Underground Injection Control ("UIC") permit for its Florence Copper Project.
  • The EPA has stated that the public comment period for the draft federal permit will last 45 days, ending on September 29, with a virtual public hearing to be held on September 15.
  • Stuart McDonald, Taseko's President and CEO, commented, "The UIC permit is the final key permit required for the construction and operation of the Florence Copper commercial facility.
  • Low impact, environmentally sound projects like Florence Copper will help meet the growing U.S. demand for copper," concluded Mr. McDonald.