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Proven ProbableCategory: Junior Mining
Irving Resources continues to make strong strategic moves on behalf of their shareholders. Find out what the latest details below.
If you like the value proposition of Silver. Check out Metallic Minerals latest press release enclosed below. Proven and Probable will be conducting an interview with Metallic Minerals later this week.
Proven and Probable
Where we deliver Mining Insights & Bullion Sales, in form of physical delivery, offshore depositories, and private blockchain distributed ledger technology you may reach us at contact@provenandprobable.com.
Maurice Jackson of Proven and Probable sits down with Michael Rowley the President and CEO of Group Ten Metals (TSX.V: PGE | NYSE: PGEZF) to discuss the latest Platinum, Palladium, Nickel, Copper and Cobalt Intercepts from the Camp Zone Target Area, Stillwater West Project, Montana, USA.
Irving Resources just issued a new press release click the button below to view the exciting details.
Maurice Jackson of Proven and Probable sits down with David Cole the President and CEO of EMX Royalty (TSX.V: EMX | NYSE: EMX) to discuss the virtues of the companies highly successful business model that incorporates Royalty Generation, Royalty Acquisition, and Strategic Investments. Mr. Cole will address how the company is strategically positioning itself on the continued global demand for Copper. And equally important, what actions the company will take from the proceeds of the $67 Million U.S. just received on the sale from the Malmyzh Project in Russia. Equally important, Mr. Cole will highlight the enormous value proposition at Cukaru Peki located in Serbia. EMX Royalty continues to demonstrate business and geological acumen, which has produced spectacular results on their balance sheet and their project portfolio.
Proven and Probable:
Where we deliver Mining Insights & Bullion Sales, in form of physical delivery, offshore depositories, and private blockchain distributed ledger technology you may reach us at contact@provenandprobable.com.
April 18, 2019
Vancouver, British Columbia, April 18, 2019 (TSX Venture: EMX; NYSE American: EMX) – EMX Royalty Corporation (the “Company” or “EMX”) is pleased to announce that it has received a US $2 million escrow distribution, which in addition to the initial US $65.15 million payment in 2018, brings the total cash paid to EMX to US $67.15 million from the sale of the Malmyzh project. A second distribution of up to US $2 million, subject to certain conditions, is due to EMX later in 2019 as remaining funds are released from escrow. Malmyzh was sold by IG Copper LLC (“IGC”) to Russian Copper Company for US $200 million in October 2018.1.
IGC’s Malmyzh project was an important EMX strategic investment that exemplifies the portfolio effect of the Company’s diversified business model. Proceeds from the sale of Malmyzh, combined with ongoing royalty and pre-production payments, have yielded a robust balance sheet. EMX is utilizing this strong position to take advantage of new royalty generation, royalty acquisition, and investment opportunities to grow the portfolio and build shareholder value.
About EMX. EMX is a precious and base metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to the risks inherent to operating companies. The Company’s common shares are listed on the TSX Venture Exchange and the NYSE American Exchange under the symbol EMX. Please see www.EMXroyalty.com for more information.
For further information contact:
David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Email: Dave@EMXroyalty.com
Scott Close
Director of Investor Relations
Phone: (303) 973-8585
Email: SClose@EMXroyalty.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release may contain “forward looking statements” that reflect the Company’s current expectations and projections about its future results. These forward-looking statements may include statements regarding perceived merit of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as “estimate,” “intend,” “expect,” “anticipate,” “will”, “believe”, “potential” and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company’s future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the year ended December 31, 2018 (the “MD&A”), and the most recently filed Form 20-F for the year ended December 31, 2018, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the 20-F and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC’s EDGAR website at www.sec.gov.
It’s been an exciting April so far: we’ve announced plans for an exploration program, we’re expecting our PFS for the Open Pit any day now and, of course, we continue to make excellent progress on the underground mine. Construction is progressing in a strong, steady fashion and we remain on track to enter production in Q4 of this year. Below is an update of recent activity on site.
East Main Shaft
We are making very good progress with lateral development on the 2850 and 2770 levels and have advanced over 650 feet on both levels since the last update. Importantly, we now have fully-mechanized mining on the 2850 level and are now just a few hundred feet from reaching the bottom of EN vent shaft
1000KV transformers have now been installed on both levels and we have completed construction of all sumps on the shaft bottom, 2770 level and 2850 levels. We also have a modified sump in place on the 2940 level.
In addition, we have developed several utility bays on the 2850 level, including the temporary shop.
Up next: complete excavation to the bottom of the EN vent shaft, begin ramping to the east ore bodies and begin mechanized mining on the 2770 level.
Lateral development on the 2850 level of the East Main shaft
East-North Vent Shaft
Progress on the EN Vent Shaft has been particularly strong and we are now over 500 ft below surface.
Up next: continue sinking shaft and begin preparation to drive the Alimak from the 2850 level. The Alimak will be used to drive vertically up to intersect the East North Ventilation shaft and prepare the ore loading pocket.
Surface Works
The SAG mill pedestal is now complete and the Ball mill pedestal is almost finished. We have also finished pouring the Flotation foundation.
The foundations for the Thickener and fresh water areas have been completed and several pieces of critical components and equipment have arrived on site.
Dry stack tailings cell one is complete and is now in the process of being lined. The ore stockpile and surface water run off pond have been lined and completed.
Up next: Commence installation of equipment and start formwork for the ore stockpile loading hopper and for the filter press building
SAG Mill Discharge Pedestal Form Install – Cast In Steel Plate Install
Flotation Slab Final Inspections on Top Mat Rebar
SC2 Pond near Coarse Ore Stockpile Pad, prep for Liner Install
Thickener Tank mud slab forms
Please get in touch with any questions and be sure to subscribe to our mailing list to receive the latest news releases and updates as they are released.
David Swisher, SVP of Operations
For further information call:
Rich Matthews
VP Marketing and Investor Relations
Nevada Copper Corp
rmatthews@nevadacopper.com
1 (877) 648-8266 – Work | (604) 355-7179 – Mobile
www.nevadacopper.com
April 10, 2019
Vancouver, B.C., Granite Creek Copper Ltd. (TSX.V: GCX) (“Granite Creek” or the “Company”) announces that the Company’s common shares have commenced trading on the Frankfurt Stock Exchange under the symbol “A2PFE0”. The Company’s common shares continue to be listed on the TSX Venture Exchange under the symbol “GCX”.
President & CEO, Tim Johnson, stated, “With the Frankfurt exchange being amongst the world’s largest by market capitalization, this listing will significantly expand our shareholder base and access to international capital. The Company continues to pursue a number of initiatives with respect to the Stu Project and we are looking forward to providing additional updates over the coming weeks as we approach the start of the 2019 field exploration season.”
About Granite Creek Copper
Granite Creek is a Canadian exploration company focused on the 100%-owned Stu Copper-Gold project located in the Yukon’s Carmacks Copper District which covers 111 square kilometres adjacent to Capstone Mining’s high-grade Minto Cu-Au-Ag Mine and Copper North’s advance stage Carmacks Cu-Au-Ag project. More information about the company and the Stu Copper project can be viewed on the Company’s website at www.gcxcopper.com.
About the Metallic Group of Companies
The Metallic Group is a collaboration of leading precious and base metals exploration companies focused on high-potential, brownfields exploration assets adjacent to high-grade operating mines in proven in North American districts with excellent infrastructure. Focusing exploration in these proven brownfields districts increases the probability of new discoveries and allows for rapid advancement of resources to create value.
Member companies have highly experienced management and technical teams with track records of successful discovery and project development, including capital markets and financing expertise. Metallic Group professional backgrounds include former leadership positions with Barrick Gold, Goldfields, Stillwater Mining and leading explorer/developers NovaGold, Trilogy Metals and Wellgreen Platinum. Company leaders have been credited with the discovery, or expansion and advancement, of several major deposits in North America, and have significant ownership positions in the companies.
The Group and its members are headquartered in Vancouver, BC, Canada, with company stocks currently listed on the TSX Venture, US OTC, and Frankfurt stock exchanges.
FOR FURTHER INFORMATION PLEASE CONTACT:
Timothy Johnson, President
Telephone: 1 (604) 235-1982
Toll Free: 1 (888) 361-3494
E-mail: info@gcxcopper.com
Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca
April 9, 2019 – Vancouver, British Columbia, Canada – Great Bear Resources (the “Company” or “Great Bear”) is pleased to announce that the Company’s exploration team have been awarded the 2018 “Bernie Schnieders Discovery of the Year Award” for the discovery of high-grade gold zones at its 100% owned Dixie Property in Red Lake, Ontario, Canada.
The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year. It was presented on April 2 to Great Bear Resources at the annual awards banquet hosted during the 2019 Ontario Prospectors Exploration Showcase in Thunder Bay, Ontario (http://www.nwopa.net/2019-exploration-showcase.html).
Chris Taylor, President and CEO of Great Bear said, “We would like to sincerely thank the NWOPA for receiving this honour, and look forward to expanding on our exciting discoveries at the Dixie property through 2019 and 2020. We have been fortunate to receive strong industry support for our exploration work over recent years, including an exploration grant during 2017/2018 in the amount of $100,000, as part of the Ontario Prospector Association’s Junior Exploration Assistance Program (“JEAP”), which partially funded our discovery drill program.”
About Great Bear
The Dixie property is located approximately 15 minutes’ drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10-kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in its West Madsen properties which total 3,860 hectares and are contiguous with Pure Gold Mining Inc.’s Madsen property. All of Great Bear’s Red Lake projects are accessible year-round through existing roads.
Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.
For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.
ON BEHALF OF THE BOARD
“Chris Taylor”
Chris Taylor, President and CEO