Grid Metals Receives Positive Engineering Study; Primero Report Outlines Viability and Costs of Reconfiguring True North Mill for Lithium Processing

2023-10-25 08:23:55 TORONTO, ON / ACCESSWIRE / October 25, 2023 / Grid Metals Corp. (TSXV:GRDM) (OTCQB:MSMGF) (“Grid” or the “Company”) is pleased to announce the receipt of a scoping-level mill reconfiguration study (the ‘Study’) completed by Primero Group for the True North Mill located in Bissett, Manitoba. The Study examined the viability and costing of […]

Jervois Global Commences Drilling on Sunshine Deposit Adjacent to ICO; Costs Refundable by U.S. Department of Defense

2023-08-01 18:50:37 Mr. Bryce Crocker reports: Highlights: Jervois commences US$2.4 million surface drilling campaign at Sunshine deposit, fully-refundable by the United States (“U.S.”) Government per the previously announced Department of Defense (“DoD”) Defense Production Act (“DPA”) Title III US$15.0 million funding agreement   Sunshine is an historic resource adjacent to Jervois’ 100% owned ICO deposit; […]

Jervois Global Commences U.S. Cobalt Refinery Site Selection; Costs Refundable by U.S. Department of Defense

2023-08-01 18:49:00 Highlights: Jervois commences a US$0.3 million site selection process (“Site Selection”) for its proposed cobalt refinery in the United States (“U.S.”), as the first stage of preparing a bankable feasibility study (“BFS”) for the refinery  BFS (including Site Selection) is fully-refundable by the U.S. Government via the previously announced US$15.0 million Department of […]

Orezone Gold Provides 2023 Production and Costs Guidance

2023-01-18 05:03:58 All dollar amounts are in US$ VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) — Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (the “Company” or “Orezone”) is pleased to provide 2023 production and costs guidance for its Bomboré Gold Mine (“Bomboré”) in Burkina Faso. This marks the Company’s first full year as an […]

Minto Metals Provides Update on Reclamation Costs Security

2022-09-12 14:09:39 WHITEHORSE, YT, Sept. 12, 2022 /CNW/ – Minto Metals Corp. (“Minto” or the “Company”) today announced that it has submitted a proposal to the Yukon Government (“YG”) with respect to furnishing the $21M increase in security costs required for the Minto Mine site utilizing a progressive approach. The Yukon Government and Selkirk First Nation (“SFN”) are […]

'Perfect storm' for gold to break new records; Stagflation is 'inevitable' – Peter Marrone

Peter Marrone, Executive Chairman and Founder of Yamana, talks about gold mining costs, inflation, and how high the gold price will go. He joins David Lin, Anchor and Producer at Kitco News, at the PDAC 2022 Convention in Toronto. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – […]

Cerrado Gold Reports Second Quarter Earnings, Cashflow and Operating Costs at Its Minera Don Nicolas Mine in Argentina

2022-08-26 03:13:19 Q2 Production of 11,640 Gold Equivalent Ounces AISC of $1,409 per ounce of gold Q2 adjusted EBITDA of $3.0 million 3rd consecutive quarter of “normalized” operations despite continued challenges Infill drilling and Feasibility Study Activities continued at Monte Do Carmo Toronto, Ontario–(Newsfile Corp. – August 26, 2022) – Cerrado Gold Inc. (TSXV: CERT) […]

Minto Metals Announces Second Quarter Results and Provides Update on Reclamation Costs Security

2022-08-23 03:39:10 WHITEHORSE, YT , Aug. 23, 2022 /CNW/ – Minto Metals Corp. (“Minto” or the “Company”) today announced the financial and production results for the second quarter (“Quarter 2 2022”) and the Half Year results of 2022 (“H1/2022”). The Half Year Results include record EBITDA highlighting a strong 45% growth in production, and a 131% Adjusted […]

TRX Gold Delivers Production Growth and Lower Operating Costs

2022-07-14 03:22:30 TORONTO, July 14, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today announced results for the third quarter of 2022 (“Q3 2022”). Financial results for Q3 2022 will be available on the Company’s website and will be filed on SEDAR and provided on EDGAR on or […]

Kore Mining Reorganizes To Cuts Costs And Focus On Exploration At Imperial And Long Valley

2022-06-17 13:33:33 VANCOUVER, BC, June 17, 2022 /CNW/ – KORE Mining Ltd. (TSXV: KORE) (OTCQX: KOREF) (“KORE” or the “Company“) announces a plan to conserve capital and focus on high impact drilling activities at both of KORE’s main assets, the Imperial gold project (“Imperial“) and the Long Valley gold project (“Long Valley“). James Hynes, the […]

Calibre Mining Reports Record Quarterly Gold Production at Total Cash Costs of $1,060 and All-In Sustaining Costs of $1,199 per ounce

2022-05-03 14:11:02 VANCOUVER, British Columbia, May 03, 2022 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months ended March 31, 2022 (“Q1 2022”). Consolidated financial statements and management discussion and analysis for the three months ending March 31, 2022 can be […]