IOCG

Canada Increases Support for Indigenous Participation in Critical Minerals Development and Supports Good Jobs in the Northwest Territories

Retrieved on: 
Tuesday, April 30, 2024

DEMCo identified the Camsell River mineral property in the Northwest Territories as a promising site for iron-oxide-copper-gold (IOCG) and potential critical minerals.

Key Points: 
  • DEMCo identified the Camsell River mineral property in the Northwest Territories as a promising site for iron-oxide-copper-gold (IOCG) and potential critical minerals.
  • "There will be no energy transition, no clean economy and no net zero by 2050 without far more critical minerals — including Canadian critical minerals.
  • "The NWT possesses significant amounts of many of the critical minerals that will support green transition projects and today's technology needs.
  • Canadian Indigenous ownership in the development of Critical Minerals advances economic reconciliation and stimulates Canada's homegrown Indigenous resource and infrastructure development to meet Canada's need for critical minerals and rare earth elements and is a major step in the right direction."

Rugby Resources Commences Exploration at the Mantau Copper-Gold Project, Chile

Retrieved on: 
Wednesday, April 10, 2024

Vancouver, B.C., April 10, 2024 (GLOBE NEWSWIRE) -- Rugby Resources Ltd., (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to report that work has commenced at the Mantau iron oxide-copper-gold (“IOCG”) project in the Metallogenic - Coastal Belt near Antofagasta, northern Chile.

Key Points: 
  • Vancouver, B.C., April 10, 2024 (GLOBE NEWSWIRE) -- Rugby Resources Ltd., (“Rugby” or the “Company”) (TSX-V: RUG) is pleased to report that work has commenced at the Mantau iron oxide-copper-gold (“IOCG”) project in the Metallogenic - Coastal Belt near Antofagasta, northern Chile.
  • A detailed rock sampling program will follow the drone survey to assess existing copper and gold targets identified by earlier reconnaissance programs.
  • Yale Simpson, Rugby’s Chairman, stated: “The Mantau Project exhibits multiple features supportive of an IOCG geological environment.
  • We expect Rugby to have steady news flow in 2024 with expectation of encouraging developments to come at Mantau and elsewhere”.

Golden Arrow Commences Major Drill Campaign at the San Pietro Iron-Copper-Gold-Cobalt Project, Chile

Retrieved on: 
Wednesday, April 24, 2024

VANCOUVER, BC, April 24, 2024 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report that it is now drilling the first hole of an approximate 10,000-metre diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile ("San Pietro" or the "Project").

Key Points: 
  • VANCOUVER, BC, April 24, 2024 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report that it is now drilling the first hole of an approximate 10,000-metre diamond drilling campaign at the San Pietro Iron-Copper-Gold-Cobalt Project in Chile ("San Pietro" or the "Project").
  • The goal of the 2024 campaign is to provide additional drill data to facilitate the first Mineral Resource estimate for the Project.
  • Brian McEwen, VP Exploration and Development for Golden Arrow, commented, "We are excited to have the drills turning at San Pietro.
  • SSA procured a new drill rig, which is now drilling the first hole, and supplied other equipment, supplies and drill personnel to service the program.

Amendment - 2023 Full Year Financial Results

Retrieved on: 
Tuesday, March 26, 2024

Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.

Key Points: 
  • Amendments have been made to the ‘2023 Full Year Financial Results’ announcement released on 26 March 2024 at 07:00 in the Financial Results table.
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

2023 Full Year Financial Results

Retrieved on: 
Tuesday, March 26, 2024

“We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.

Key Points: 
  • “We experienced some operational and procurement delays towards the end of 2023 due to adverse weather conditions, which continued into the start of 2024.
  • Contracting and Procurement: At the end of Q4 2023, 80% of the key contracts for the processing plant were concluded and procurement was 80% completed.
  • Amaroq will continue to review the results of the detailed geophysical programme conducted over the Kobberminebugt licence in 2023.
  • The following selected financial data is extracted from the Financial Statements for the three months ended December 31, 2023.

Marimaca Condemnation Drilling Intersects 30m at 1.0% CuT from 62m in Newly Discovered San Lorenzo Area; Confirms Project Layout

Retrieved on: 
Monday, January 15, 2024

Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.

Key Points: 
  • Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.
  • We have used the information from this program for the dual purpose of confirming ground conditions to underpin expected civil earthworks estimation.
  • This confirms that the site has good ground conditions and civil earthwork is as expected in previous studies.
  • We are finalizing 2024 exploration plans particularly for the Sierra de Medina project and will update as new developments occur.

Golden Arrow Announces US$5 Million Option Agreement to Support Resource Delineation Program at the San Pietro IOCG Project

Retrieved on: 
Friday, January 12, 2024

NGE holds a 100% interest in the Company's San Pietro iron oxide-copper-gold-cobalt project in Chile (the "San Pietro Project").

Key Points: 
  • NGE holds a 100% interest in the Company's San Pietro iron oxide-copper-gold-cobalt project in Chile (the "San Pietro Project").
  • The proximity of the San Pietro Project to other mining projects in the area does not provide any assurances with respect to the prospects at the San Pietro Project.
  • With completion of this arrangement with SSA, the Company is fine-tuning its geological modeling to finalize the drill spacing and program required to support a NI 43-101 mineral resource estimate at San Pietro.
  • The full 2024 exploration and resource delineation drilling program will be announced in the coming weeks.

Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper Project, Chile

Retrieved on: 
Monday, November 20, 2023

Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.

Key Points: 
  • Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.
  • Vikas Ranjan, Chief Executive Officer and a Co-Founder of Vortex Metals, stated "we are very excited to conclude the Definitive Agreement and begin exploration work.
  • Such terms are described later in this press release under the heading Terms and Conditions of the Illapel Copper Deal.
  • All Vortex Shares issuable pursuant to the Definitive Agreement will be subject to a 12-month contractual escrow from the date of issuance.

Ero Copper Agrees with Vale Base Metals to Enter into Earn-in Agreement for a 60% Interest in the Furnas Copper Project

Retrieved on: 
Monday, October 30, 2023

"We are delighted for the opportunity to partner with VBM to advance the Furnas copper project.

Key Points: 
  • "We are delighted for the opportunity to partner with VBM to advance the Furnas copper project.
  • We are fully committed to unlocking value for all stakeholders by accelerating what we believe is a world-class project," said David Strang, Chief Executive Officer.
  • Furnas is an IOCG project located approximately 50 kilometers southeast of VBM's Salobo operations and approximately 190 kilometers northeast of Ero's Tucumã Project.
  • Figure 1: Map of the Carajás Mineral Province, highlighting the location of Furnas as well as the Tucumã Project.

Inventus Provides Exploration Results from the Dorland Co-Au-Cu-Ni Prospect

Retrieved on: 
Wednesday, October 18, 2023

TORONTO, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce assay results from its drill program at the 100%-owned Dorland Co-Au-Cu-Ni Prospect, located 36 km northeast of Sudbury, Ontario.

Key Points: 
  • TORONTO, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce assay results from its drill program at the 100%-owned Dorland Co-Au-Cu-Ni Prospect, located 36 km northeast of Sudbury, Ontario.
  • The Company followed up on encouraging cobalt and gold values in surface prospecting with ten shallow diamond drill holes totalling 1,000 metres (m).
  • The Dorland program is approximately 50% government-funded with the support of the Ontario Junior Exploration Program (OJEP).
  • Work on an initial Sudbury 2.0 NI 43-101 Technical Report is currently advancing and regional prospecting of the area is ongoing.