Mining feasibility study

Imperial Reports Production and Red Chris Exploration Update for 2023 First Quarter

Retrieved on: 
Thursday, April 27, 2023

VANCOUVER, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.

Key Points: 
  • VANCOUVER, British Columbia, April 26, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (“Imperial”) (TSX:III) reports quarterly copper and gold production from Mount Polley and Red Chris mines.
  • Imperial’s production was 10,155,001 pounds copper and 13,129 ounces gold, with 6,678,094 pounds copper and 9,980 ounces gold coming from Mount Polley and 3,476,907 pounds copper and 3,149 ounces gold from its 30% share of Red Chris mine production.
  • Mount Polley metal production (100%) for the first quarter of 2023 was 6,678,094 pounds copper and 9,980 ounces gold, compared to 3,785,629 pounds copper and 6,995 ounces gold produced during the fourth quarter of 2022.
  • Red Chris metal production (100%) for the first quarter of 2023 was 11,589,689 pounds copper and 10,496 ounces gold, compared to 13,107,451 pounds copper and 14,518 ounces gold produced during the fourth quarter of 2022.

O3 Mining Intersects 1.5 g/t Au over 44.3 Metres at Kierens-Norlartic Infill Program, Marban Engineering

Retrieved on: 
Thursday, February 23, 2023

TORONTO, Feb. 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide an update on its continuing drilling program on its Marban Engineering Project in Val-d'Or, Quebec, Canada.

Key Points: 
  • TORONTO, Feb. 23, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide an update on its continuing drilling program on its Marban Engineering Project in Val-d'Or, Quebec, Canada.
  • The 2022 infill program totaled 64 drill holes completed in and around the Norlartic, North, North-North and Kierens pits, of which five holes have assays pending.
  • 1.5 g/t Au over 44.3 metres in hole O3MA-22-356 starting at 257.4 meters in the hole in the Norlartic PFS pit shell.
  • 1.6 g/t Au over 27.0 metres in hole O3MA-22-385 starting at 356.4 meters in the hole at the bottom of the Norlartic PFS pit shell.

Ascendant Resources Appoints Clinton Swemmer Chief Technical Officer

Retrieved on: 
Monday, February 13, 2023

TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company.

Key Points: 
  • TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (OTCQB: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that Mr. Clinton Swemmer has been appointed Chief Technical Officer for the Company.
  • Previously, Mr. Swemmer held the position of Vice President of Technical Services for Ascendant.
  • Mr. Joao Barros, President of Ascendant Resources stated, “We are pleased to appoint Clinton as Chief Technical Officer for Ascendant in recognition of the ongoing contribution Clinton has had in developing, supporting and delivering the ongoing feasibility study for the Venda Nova deposit.
  • We congratulate Clinton on his expanded role and welcome Erich to the team as the technical services team continues in preparation of our growing needs ahead of project construction”.

Ascendant Resources Announces High Grade Copper Assay Results Supporting High-Grade Copper Corridor at the Venda Nova South Zone

Retrieved on: 
Thursday, February 2, 2023

Of note from these results, is the higher tenor of copper intercepted that supports the ongoing delineation of a high grade copper domain within the South Deposit at it Lagoa Salgada VMS project on the Iberian Pyrite Belt (“IBP”) in Portugal.

Key Points: 
  • Of note from these results, is the higher tenor of copper intercepted that supports the ongoing delineation of a high grade copper domain within the South Deposit at it Lagoa Salgada VMS project on the Iberian Pyrite Belt (“IBP”) in Portugal.
  • Results of the final variability, step-out and infill drill holes in the South Zone will be included in the resource update to support the Feasibility Study targeted for the end of April 2023.
  • Results reported today represent full results received as of January 28, 2023.
  • We are also encouraged by the confirmation that the South Zone also appears to hold copper dominated mineralization similar to what we are seeing at depth in the North Zone.

O3 Mining Releases Outlook 2023

Retrieved on: 
Monday, January 16, 2023

TORONTO, Jan. 16, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide its outlook and catalysts for 2023 in addition to a review of 2022.

Key Points: 
  • TORONTO, Jan. 16, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to provide its outlook and catalysts for 2023 in addition to a review of 2022.
  • With a positive market outlook for 2023, we look forward to starting the Feasibility Study ("FS"), as well as unveiling Marban's growth potential by engaging in exploration activities over our 8,500-hectare property.
  • We will continue to deploy our participatory approach with the authorities and stakeholders in the development of the Marban Engineering Project to not only improve the project but to make it an even more responsible mining project", said O3 Mining President and Chief Executive Officer, Mr. Jose Vizquerra.
  • **Register for the O3 Mining Town Hall Forum: Outlook 2023, on Wednesday, January 25 at 11:00 a.m.

Ascendant Resources Announces 5,000 Metre Satellite Target Exploration Program at Its Lagoa Salgada Property in Portugal

Retrieved on: 
Tuesday, November 29, 2022

This program is the first exploration program designed to step out and test the potential for additional mineralized lenses in the Venda Nova area outside of the current known resources.

Key Points: 
  • This program is the first exploration program designed to step out and test the potential for additional mineralized lenses in the Venda Nova area outside of the current known resources.
  • Mark Brennan, Executive Chairman of Ascendant stated, We are pleased to be commencing a new phase of exploration which we believe has the potential to substantially increase resources and expand the long-term potential we see at Lagoa Salgada.
  • Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal.
  • Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 7,209ha property concession.

O3 Mining Hosts Marban Engineering Community Meeting

Retrieved on: 
Thursday, September 29, 2022

VAL-D'OR, QC, Sept. 29, 2022 /PRNewswire/- O3 Mining Inc. (TSXV: OIII) (OTC-QX: OIIIF)("O3 Mining" or the "Corporation")continues to fulfill the host community's request to have a transparent and constructive dialogue, by informing citizens about the advancements at Marban Engineering.

Key Points: 
  • VAL-D'OR, QC, Sept. 29, 2022 /PRNewswire/- O3 Mining Inc. (TSXV: OIII) (OTC-QX: OIIIF)("O3 Mining" or the "Corporation")continues to fulfill the host community's request to have a transparent and constructive dialogue, by informing citizens about the advancements at Marban Engineering.
  • O3 Mining reiterated its commitments to the community made last May during the specific consultation sessions, and presented the results of the Marban Engineering Pre-feasibility study and discussed the future activities in the area.
  • For O3 Mining, communication is essential to build a relationship of trust with the residents of the sector, but also with all stakeholders.
  • O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Qubec.

Red Chris Production and Exploration Update

Retrieved on: 
Thursday, July 21, 2022

Imperials 30% portion of the second quarter production was 6.6 million pounds copper and 5,862 ounces gold.

Key Points: 
  • Imperials 30% portion of the second quarter production was 6.6 million pounds copper and 5,862 ounces gold.
  • Exploration drilling at the East Ridge zone continues to define and expand the high grade mineralization which remains open to the east and depth.
  • There has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.
  • Progress toward block cave mining is continuing with the development of the exploration decline having reached 1,703 metres as of July 13, 2022.

Updated Mineral Resource Estimate Doubles Measured & Indicated Resources at Canada Nickel's Crawford Nickel Sulphide Project

Retrieved on: 
Wednesday, July 6, 2022

TORONTO, July 6, 2022 /PRNewswire/ -Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) announced today an updated mineral resource estimate for its 100% owned Crawford Nickel Sulphide Project ("Crawford") near Timmins, Ontario,more than doubling the project's Measured & Indicated (M&I) mineral resources.

Key Points: 
  • TORONTO, July 6, 2022 /PRNewswire/ -Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) announced today an updated mineral resource estimate for its 100% owned Crawford Nickel Sulphide Project ("Crawford") near Timmins, Ontario,more than doubling the project's Measured & Indicated (M&I) mineral resources.
  • With 3.48 Mt of contained nickel in M&I resources, the company believes Crawford has the fifth largest contained nickel sulphide resource globally.
  • Consistent with previously reported resources, a cut-off grade of 0.15% nickel was used in the Mineral Resource Estimate.
  • Table 2 Additional Drill Results from the Crawford Nickel Sulphide Project Main Zone Included in the Resource Estimate.

Nullagine Gold Project Operations Update

Retrieved on: 
Tuesday, June 14, 2022

VANCOUVER, British Columbia, June 14, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) provides an operations update for Beatons Creek.

Key Points: 
  • Importantly, Novo has developed a detailed development and exploration plan during this period, which includes further definition and extension drilling of the Fresh mineral resource and resource definition drilling of near-mine targets, with a primary focus on the Mosquito Creek Oxide and Sulphide targets to extend the greater Nullagine gold project (Nullagine) beyond Beatons Creek.
  • Commenting on the production update and path ahead at Nullagine, Executive Co-Chairman, acting Chief Executive Officer, and director Mike Spreadborough said, Confirmation of grade of the Oxide mineral resource has been a challenge.
  • Importantly, Novo remains in a strong financial position and we believe the plan in place provides the best platform for the Nullagine operations to become a consistent 100 koz/year gold operation and for Novo to deliver on its longer-term strategy of becoming a 250 koz/year gold producer through existing operations, exploration and other opportunities.
  • Novo operates its flagship Beatons Creek gold project while exploring and developing its prospective land package covering approximately 11,000 square kilometres in the Pilbara region of Western Australia.