Rohstoffthread / CCG-Hauptthread

[Kostolanys Erbe]

Steppe Gold begins selling Au, Ag from ATO mine



2020-05-11 08:51 ET - News Release



Mr. Bataa Tumur-Ochir reports

STEPPE GOLD PROVIDES AN UPDATE ON ORE PROCESSING AT ATO GOLD MINE IN MONGOLIA

Steppe Gold Ltd. has provided an update on ore processing at its 100-per-cent-owned ATO gold mine in Mongolia.

Further to the March 25 announcement of the commencement of ore processing, the company announces that it has now commenced gold and silver sales. To date the company has sold a total of 5,233 ounces of gold and 1,372 oz of silver in two separate deliveries to the Central Bank of Mongolia. This has generated cash flow before stream obligations of $8.5-million (U.S.).

To date the company has mined, crushed and stacked approximately 640,000 tonnes of ore at a grade of 2.0 grams per tonne gold onto Cell 1 where leaching is currently under way. A further 100,000 t of ore have been delivered to the run-of-mine pad and is being crushed and stacked. Daily mining of ore continues from the ATO1 open cut and is currently being scaled up.

The company remains on track to produce approximately 60,000 ounces of gold in 2020 at cash costs of circa $500 per ounce from the ATO mine. Positive cash flows from the ATO mine will go toward studies to expand the open pit and processing facilities for the company to increase gold production to a targeted 150,000 ounces of gold per annum. Exploration drilling results for approximately 11,000 metres of diamond core drilling targeting extensions at depth on the ATO1, ATO4 and Mungu deposits will be available in the coming months.

The COVID-19 pandemic has not resulted in any material impact on Steppe Gold's operations and the company currently does not expect it will impact its 2020 production. Preventative measures are in place to ensure the well-being of employees and contractors and no risks were noted at the end of the quarter. Management continues to monitor the situation at the site and corporate offices to prevent or minimize any effects that the pandemic may have on operational or financial reporting activities.

The Ministry of Mining and Heavy Industry of Mongolia noted, "We would like to applaud Steppe Gold for successfully commencing gold production at the ATO gold mine, which will positively impact the economy during this difficult period."

The Central Bank of Mongolia stated: "We are happy to welcome Mongolia's most recent gold producer. Steppe Gold is playing a vital role in growing our gold production and contributing to the foreign exchange reserves in Mongolia."

Matthew Wood, executive chairman, commented: "We are delighted to commence gold sales at the ATO gold mine. In a very difficult business environment we have been able to reach this key milestone. We thank our team for their dedication and professionalism and all our stakeholders for their support. We are well placed to pursue our vision to be Mongolia's premier precious metals company."

Bataa Tumur-Ochir, president and chief executive officer of Steppe Gold, stated: "We are very pleased to have made a successful start to gold production at our ATO gold mine. We have worked very hard to prepare for a safe and productive start to our production phase and we are delighted to commence gold and silver deliveries to the Central Bank of Mongolia. We are very grateful to all our stakeholders in Mongolia for their support as we celebrate this milestone. We have now increased our mining rate and we plan to increase our gold and silver deliveries as we move out of the ramp-up phase."

Steppe Gold is Mongolia's premier precious metals company.

https://www.stockwatch.com/News/Item?bid=Z-C%3aSTGO-2903493&symbol=STGO&region=C

Kostolanys Erbe schrieb am 04.05.2020, 21:55 Uhr[/url]"]Nachtrag:

Steppe Gold Commences Gold Production

Ulaanbaatar, Mongolia–(Newsfile Corp. – March 25, 2020) – Steppe Gold Limited (TSX: STGO) (“Steppe Gold” or “the Company”) is extremely pleased to announce the commencement of ore processing at its 100%-owned ATO Gold Mine in Mongolia.

...

https://steppegold.com/steppe-gold-commences-gold-production/


» zur Grafik

Kostolanys Erbe schrieb am 02.12.2019, 21:49 Uhr[/url]"]
Steppe Gold begins gold production at ATO mine



2019-12-02 07:55 ET - News Release



Mr. Bataa Tumur-Ochir reports

STEPPE GOLD'S ATO MINE FULLY PERMITTED AND COMMENCING GOLD PRODUCTION. APPOINTMENT OF NEW PRESIDENT AND CEO TO LEAD AGGRESSIVE GROWTH STRATEGY

Steppe Gold Ltd.'s ATO gold mine is fully permitted and gold production is commencing.

The company has now mined, crushed and stacked approximately 300,000 tonnes of ore at a grade of 2.13 grams per tonne gold on the leach pad. The company's mining, crushing and stacking program is continuing. Full-year production for 2020 is now envisaged to be approximately 60,000 ounces of gold.

The company will now push to complete the feasibility study into its stage 2 expansion project at the ATO mine. The aim of this is to increase annual gold production to 150,000 per annum from underlying fresh rock ores. The company also continues to assess a number of additional opportunities in Mongolia including exploration drilling at its exciting Uudam Khundii gold project.

Steppe Gold is also very pleased to announce the appointment of Bataa Tumur-Ochir as president and chief executive officer of Steppe Gold effective immediately.

Mr. Tumur-Ochir is a founding director of the company and has been instrumental in the management and growth of the company since listing. In his previous role as executive vice-president Mongolia, he guided the ATO gold mine development from a bare field on the Mongolian steppe to the most modern and international standard gold mine in Mongolia today.

Matthew Wood, founder and chairman of the company, will remain in the role of executive chairman and will focus his energy on executive management oversight, growth strategy and the expansion of Steppe Gold in Mongolia.

Mr. Wood said, "It has been an honour to be the CEO and president of Steppe Gold during what has been an extremely challenging and rewarding phase in the company's life from foundation, to IPO to commencing gold production. Now is the time to pass the reins to Mr. Tumur-Ochir to aggressively grow the company to the next level.

"It is also great to see a TSX-listed Mongolian gold company with a highly qualified Mongolian CEO and president. I am extremely enthused about the future of Steppe Gold as we continue to grow the company for all of our stakeholders."

About Steppe Gold Ltd.

Steppe Gold is Mongolia's premier precious metals company and is projected to produce 60,000 ounces of gold from its ATO gold mine in 2020. The company is also completing a feasibility study into the expansion of the ATO mine to approximately 150,000 ounces of gold per annum.

https://www.stockwatch.com/News/Item?bid=Z-C%3aSTGO-2841520&symbol=STGO&region=C

 

[Kostolanys Erbe]

Krypto-Miner


Hut 8 loses $8.39-million in Q1 2020



2020-05-11 09:20 ET - News Release



Mr. Jimmy Vaiopoulos reports

HUT 8 REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS

Hut 8 Mining Corp. has released its financial results for the first quarter ending March 31, 2020.

A conference call has been scheduled to discuss the Company's Q1-2020 financial results, hosted by Interim CEO Jimmy Vaiopoulos, starting at 10:00 a.m. ET on Monday May 11, 2020.

Date: Monday, May 11, 2020

Time: 10:00 a.m. ET

Dial-In: 1 (866) 215-5508, Canada 1 (888) 771-4371, US

Passcode: 4968 1245

Q1-2020 Highlights

Quarterly revenue of $12.7 million from mining 1,116 bitcoin
Mining profit margin of 1% was much lower due to the bitcoin price collapse of 48% in two days in mid-March
Adjusted EBITDA of negative $558k
Completed the refinancing of the Bitfury debt with a loan extension from Genesis Global Capital, LLC at a 2% lower coupon rate
Renegotiated master agreements with Bitfury which lowered operating costs and provided autonomy to purchase mining equipment from other suppliers

.....

https://www.stockwatch.com/News/Item?bid=Z-C%3aHUT-2903531&symbol=HUT&region=C

 

[Kostolanys Erbe]

Tethyan agrees to acquisition by Adriatic Metals



2020-05-11 12:50 ET - News Release



Mr. Fabian Baker reports

ADRIATIC METALS TO ACQUIRE TETHYAN RESOURCE CORP, CREATING A LEADING POLYMETALLIC EXPLORER AND DEVELOPER IN THE BALKANS

Tethyan Resource Corp. has executed a binding letter agreement pursuant to which Adriatic Metals PLC will acquire 100 per cent of the issued share capital of Tethyan, by way of a plan of arrangement under the Business Corporations Act (British Columbia), and has provided financing to complete the first closing of the previously announced EFPP doo acquisition. Tethyan and Adriatic are at arm's length to each other.

HIGHLIGHTS

Exchange ratio of 0.166 Adriatic shares for each Tethyan share represents a premium of 47% to Tethyan's 20-day Volume Weighted Average Price
In conjunction with the Transaction, Adriatic and Tethyan have entered into a convertible loan agreement (the "Convertible Loan Agreement"), whereby Adriatic has agreed to advance to Tethyan a secured convertible loan in the amount of up to 1.3 million euros in three tranches; Adriatic has advanced the first 1.0 million euros under the Convertible Loan Agreement
Loan enables Tethyan to close the transaction for the acquisition of EFPP d.o.o., the holder of parts of the Kizevak and Sastavci deposits, to commence confirmation drilling at Kizevak, and to meet the expenses and costs of Tethyan in completing the Transaction
Addition of Tethyan's Serbian brownfield development projects, Kizevak and Sastavci, and its large prospective landholding on the Tethyan mineral belt positions the enlarged Adriatic as the leading Balkan base and precious metals developer
Adriatic plans to rapidly advance the past-producing Kizevak and Sastavci polymetallic mines in the Raska district of southwestern Serbia towards a maiden JORC compliant resource by end-Q4 2020
Tethyan shareholders gain exposure to Adriatic's existing exploration and development portfolio including the exceptional Vares Project and prospective regional exploration potential in Bosnia & Herzegovina
Tethyan Board of Directors unanimously supports the Transaction and irrevocable undertakings to vote in favour of the Transaction received from approximately 55% of Tethyan shareholders
Transaction expected to close by end-August once all conditions have been met


Fabian Baker, Tethyan's President and CEO, commented:

"We are excited that our assets will soon be part of the Adriatic story. Adriatic Metals has built an excellent reputation in the Balkans based on their development capability and positive engagement with local stakeholders. We are confident that the combined assets and team will go forward to bring high quality assets to production in a timely and sustainable manner, ensuring lasting benefits for both our shareholders and the communities in which we operate."

Paul Cronin, Adriatic's Managing Director and CEO commented:

"Tethyan Resource Corp. have been successful in consolidating the Raska district in Serbia, and with the recent addition of the Kizevak and Sastavci licenses, the acquisition presents a unique opportunity for Adriatic to add assets to our portfolio that have the potential, over time, to match the quality of our exceptional Vares Project in Bosnia."

"In a short time, Adriatic has built a significant presence in the region, by developing our assets with a very competent team at the helm. Applying our team and strong balance sheet to Tethyan's assets positions us well to proceed through the project development cycle.

"These are past producing mines, and the historical data we have reviewed provides ample confidence that we are adding significant value to our portfolio. I look forward to working with Fabian and his team over the coming months to close the transaction and demonstrate the potential of these assets."

....

https://www.stockwatch.com/News/Item?bid=Z-C%3aTETH-2903646&symbol=TETH&region=C

 

[greenhorn]

Guten Morgen!

 

[Kostolanys Erbe]

Harfang plans summer exploration at Serpent



2020-05-12 09:37 ET - News Release



Mr. Francois Goulet reports

HARFANG ANNOUNCES AN IMPORTANT SUMMER EXPLORATION PROGRAM ON ITS SERPENT PROPERTY (JAMES BAY, QUEBEC)

Harfang Exploration Inc. has provided new information on a recently completed induced polarization (IP) geophysical survey and an update on upcoming summer exploration activities to be conducted on its 100-per-cent-owned Serpent property in James Bay, Quebec.

....

https://www.stockwatch.com/News/Item?bid=Z-C%3aHAR-2904272&symbol=HAR&region=C

 

[Kostolanys Erbe]

Rupert drills 137 m of 1.8 g/t Au at Pahtavaara



2020-05-12 09:14 ET - News Release



Mr. James Withall reports

RUPERT RESOURCES DRILLS 137M GRADING 1.8G/T GOLD FROM SURFACE AT NEW AREA 1 DISCOVERY

Rupert Resources Ltd. has released results from its continuing exploration program at the 100-per-cent-owned Pahtavaara project in the Central Lapland greenstone belt, Finland.

The Company has drilled a significant gold hosting structural zone at a newly identified target called Ikkari. The target was identified using base of till sampling at Area 1, a 5km long highly prospective section of a regional domain-bounding structure, 20km of which is contained within Rupert's contiguous land holding.

Highlights:

The Ikkari target is a linear anomaly extending over 500m of strike in base of till sampling. The first two drill holes into the target are located 100m apart:

1. Hole 120042 intersected 137.2m grading 1.8g/t gold from 10.8m, the base of till surface including 7.1g/t gold over 14m from 23m and 10.6g/t over 3m from 27m.
2. Hole 120038 intersected 54m grading 1.5g/t gold from 25m including 4.7g/t over 1m from 35m, 5.2g/t over 2m from 65m and 5.7g/t over 1m from 71m.


James Withall, CEO of Rupert Resources commented "These first two holes at Ikkari are the most significant intersections of our regional exploration program to date, showing continuity of grade, across a broad shear-zone structure. So far, we have only drilled 100m of the interpreted strike; the base of till anomaly has a strike extent over 500m and this is limited only by the current extent of our sampling. Our recent Saitta discovery is proximal to the same regional structure 5km to the east. Rupert's exploration team have demonstrated yet again the success of their systematic approach to exploration delivering a sixth new discovery in just over 12 months."

....

https://www.stockwatch.com/News/Item?bid=Z-C%3aRUP-2904250&symbol=RUP&region=C

 

[greenhorn]

Guten Morgen!

 

[greenhorn]

LGO - Largo; wieder im positiven Erbenisbereich

https://www.stockwatch.com/News/Item?bid=Z-C:LGO-2904566&symbol=LGO&region=C
Largo Resources Reports Solid Q1 2020 Results with Net Income of $5.7 Million and Maintains Strong Liquidity Position

Canada NewsWire

TORONTO, May 12, 2020

All financial figures are in Canadian dollars unless otherwise stated.

Q1 2020 Highlights

Net income of $5.7 million and basic earnings per share of $0.01
Cash operating costs excluding royalties1 of US$2.79 ($3.69) per lb of V2O5, a decrease of 18% over Q1 2019
Production of 2,831 tonnes (6.2 million pounds2) of V2O5, a 35% increase over Q1 2019
V2O5 sales of 3,170 tonnes, a 51% increase over Q1 2019
Revenues of $58.2 million (after a positive re-measurement of trade receivables / payables of $2.4 million on vanadium sales from a contract with a customer of $55.8 million), an increase of 31% over Q1 2019
Cash balance of $206.1 million exiting Q1 2020
Commercial independence: Over 85% committed on annual guided sales for 2020
COVID-19 Update: The Maracás Menchen Mine continued operations during Q1 2020 and the Company is maintaining it's 2020 guidance on a "business as usual" basis
Q1 2020 operational and financial results conference call: Wednesday, May 13th, 2020 at 10:00 a.m. EST

TORONTO, May 12, 2020 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") (TSX: LGO) (OTCQX: LGORF) is pleased to report its first quarter 2020 results highlighted by net income of $5.7 million or basic earnings per share of $0.01, cash operating costs excluding royalties1 of US$2.79 per pound V2O5, and vanadium pentoxide ("vanadium" or "V2O5") production of 2,831 tonnes.

 

[dukezero]

 

[Kostolanys Erbe]

GoGold drills 3.2 m of 1,094 g/t AgEq at Los Ricos



2020-05-13 09:57 ET - News Release



Mr. Brad Langille reports

GOGOLD INTERSECTS 3.2M OF 1,094 G/T SILVER EQUIVALENT

GoGold Resources Inc. has released the assay results from 15 diamond drill holes at the Los Ricos South Project, including 7 at San Juan, 3 at the Main area, and the first 5 reported results from the Las Lamas target.

Hole LRGG-20-155 was drilled on section 600N in the Main area of the project and intersected the Los Ricos quartz vein from 223.7m to 276.0m for an estimated true width of 19.0m of 275 g/t silver equivalent, consisting of 0.89 g/t gold and 208 g/t silver. The intersect included 3.2m of 1,094 g/t silver equivalent.

Hole LRGG-20-152 was drilled on section 800N in the San Juan area and intersected 14.6m of 260 g/t silver equivalent from 15.0 to 29.6m, consisting of 137 g/t silver and 1.64 g/t gold. The intersect also included 9.0m of 385 g/t silver equivalent.

"The drilling at Los Ricos South continues to demonstrate the grade and continuity of this zone, with some grades in excess of 1 kilogram silver equivalent per tonne. Drill hole LRGG-20-152 continues to show more near surface mineralization at the newly delineated San Juan ore shoot," said Brad Langille, President and CEO. "We're anticipating restarting our drilling program within the next two weeks as we put on a final push to complete the drilling for our initial resource at Los Ricos South. Restarting of drilling operations is contingent on the Mexican government and complying with all COVID-19 mandates and policies to ensure the safety of our employees, contractors and communities."

The results from the Las Lamas target are the first five drill holes completed at that target. The Las Lamas target is approximately one kilometre southeast of the Main area. Four of the five holes at Las Lamas intersected mineralization, while the fifth was abandoned in the hanging wall above the Los Ricos Vein due to faulting. Hole LRGG-20-153 was drill at Las Lamas and intersected the Los Ricos quartz vein from 27.0 to 42.7m, for 15.7m of 62 g/t silver equivalent which included 2.2m of 344 g/t silver equivalent, consisting of 83 g/t silver and 3.48 g/t gold.

.....

https://www.stockwatch.com/News/Item?bid=Z-C:GGD-2905061&symbol=GGD&region=C

 

[Kostolanys Erbe]

First Cobalt Announces $2 Million Work Program to Advance Cobalt Refinery Plans



2020-05-13 09:00 ET - News Release




First Cobalt Announces $2 Million Work Program to Advance Cobalt Refinery Plans

Canada NewsWire

TORONTO, May 13, 2020


TORONTO, May 13, 2020 /CNW/ - First Cobalt Corp. (TSX-V: FCC; OTCQX: FTSSF) today announced a $2.1 million work program for its cobalt refinery in Ontario, Canada. The program is intended to build upon the successful feasibility study completed on May 4 to further improve the project's long-term success and viability.


WORK PROGRAM HIGHLIGHTS
Prepare and submit permit amendments to expand the refinery to its design rate of 25,000 tonnes per annum of cobalt sulfate
Assess alternative approaches to manage effluent sodium levels to lower capital and operating costs and further enhance project economics
Conduct additional metallurgical test work to increase cobalt recoveries
Extend project economics assessment from 11 years to 17 years to align with the phase 1 dry stack tailings design storage capacity
Scoping studies in progress to assess three early commissioning strategies to operate as a demonstration plant and produce sample product for EV manufacturers
Target substantial completion for most of the work program within 90 days


Trent Mell, First Cobalt President & CEO, commented:

"This work will enable us to meet our commitments to shareholders and stakeholders to move the project forward in 2020. According to Benchmark Mineral Intelligence, there are currently no plans to commission new cobalt refineries outside of China other than First Cobalt. China accounts for approximately 79% of the world's refined cobalt sulfate production and we are seeing that many automotive companies outside of China are interested in sourcing cobalt sulfate closer to their manufacturing facilities."

Peter Campbell, P.Eng., First Cobalt Vice President, Business Development added:

"The feasibility study that we released last week demonstrated very strong economics for an expanded First Cobalt Refinery producing cobalt sulfate for the battery market. The study also identified several opportunities that could further enhance project economics and today's work program announcement intends to address several high impact opportunities over the next 90 days. I am confident that our project team will be able to build upon the strong results we already achieved."

......

https://www.stockwatch.com/News/Item?bid=Z-C%3aFCC-2905018&symbol=FCC&region=C

 

[Kostolanys Erbe]

UK:TRIN


13 May 2020




Trinity Exploration & Production plc



("Trinity" or "the Group" or "the Company")



Preliminary Results

"Strong Operational and Financial Performance"



Trinity, the independent E&P company focused on Trinidad & Tobago ("T&T"), today announces its unaudited preliminary results for the 12 months ended 31 December 2019 ("the period" or "FY 2019").



2019 was a significant year for Trinity as we delivered another strong operational and financial performance as well as deploying new operating approaches, technologies and techniques, with the aim of becoming a more technologically focused operator and thereby driving optimum operational, financial and environmental performance. Despite lower oil price realisations, these efficiencies helped deliver another year of growth in our Adjusted EBITDA to USD 21.8 million, an increase in cash balances to USD 13.8 million at year end, and a further reduction in our operating break-even to USD 26.4/bbl.

.........

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TRIN/14537705.html

Kostolanys Erbe schrieb am 20.04.2020, 20:16 Uhr[/url]"]

UK:TRIN

Q1 2020 Operational Update 20 Apr


Auszug:

..... The Company is now targeting an average operating break-even (inclusive of hedging income) of US$20.5/bbl for FY 2020.......

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TRIN/14507578.html

Kostolanys Erbe schrieb am 03.04.2020, 20:02 Uhr[/url]"]Trinity Exploration

https://trinityexploration.com/

UK:TRIN

Keine Schulden!
ca. 13 Mio. US$ cash

Break-even Barrel Öl: 26,3 US$ !!!


Seite 5 Präsentation:

https://secureservercdn.net/198.71.233.41/f01.cc4.myftpupload.com/wp-content/uploads/2019/10/Trinity-121-Conference-October-2019-v6-FINAL2.pdf


» zur Grafik

 

[Kostolanys Erbe]

Anaconda Mining earns $1.47-million in Q1



2020-05-13 08:32 ET - News Release



Mr. Kevin Bullock reports

ANACONDA MINING REPORTS FIRST QUARTER 2020 RESULTS; GENERATES $4.4 MILLION OF CASH FLOW FROM OPERATING ACTIVITIES

Anaconda Mining Inc. has provided its financial and operating results for the three months ended March 31, 2020. The condensed interim consolidated financial statements and management discussion & analysis documents can be found at www.sedar.com and the Company's website, www.anacondamining.com. All dollar amounts are in Canadian dollars unless otherwise noted.

First Quarter 2020 HighlightsAnaconda sold 5,132 ounces of gold in Q1 2020 from production at the Point Rousse Complex, generating metal revenue of $10.5 million at an average sales price* of C$2,051 (US$1,526) per ounce of gold.Anaconda produced 4,997 ounces of gold in Q1 2020, a 20% increase compared to Q1 2019, due to higher mill throughput.Operating cash costs per ounce sold* at the Point Rousse Project in Q1 2020 were C$1,165 (US$867), compared to C$977 (US$735) in the three months ended March 31, 2019.All-in sustaining cash costs per ounce sold*, including corporate administration and sustaining capital expenditures, was C$1,546 (US$1,151) for Q1 2020.The Company invested $1.1 million in its growth projects during Q1 2020, including $0.4 million on the Goldboro Gold Project in Nova Scotia and $0.5 million on exploration programs at the Tilt Cove Project.The Point Rousse Complex generated EBITDA* of $4.5 million in Q1 2020, compared with $3.8 million for the respective 2019 period.Net income for the three months ended March 31, 2020 was $1.5 million, or $0.01 per share, compared to $1.2 million, or $0.01 per share, for the three months ended March 31, 2019.Subsequent to quarter-end, Anaconda completed the spin-out and a $2.0 million financing of its Narrow Vein Mining Project, which will advance the Project with no further financial commitment from the Company.As at March 31, 2020, the Company had a cash balance of $6.4 million, working capital* of $3.6 million, and additional available liquidity of $0.3 million from an undrawn revolving line of credit facility.

.....

https://www.stockwatch.com/News/Item?bid=Z-C%3aANX-2904999&symbol=ANX&region=C

 

[Kostolanys Erbe]

Corvus drills 125.5 m of 2.56 g/t Au at Mother Lode



2020-05-13 07:24 ET - News Release



Mr. Jeffrey Pontius reports

CORVUS GOLD MAKES NEW, LARGE, DISCOVERY BELOW MOTHER LODE DEPOSIT WITH 125.5M @ 2.6 G/T GOLD INCLUDING 14.8M @ 8.9 G/T GOLD & 24.7M @ 4.9 G/T GOLD

Corvus Gold Inc. has received results from the initial deep core hole from the Central Intrusive zone (CIZ) target and discovered a large new gold mineralized zone below the known existing Mother Lode deposit. Key mineralized zone highlights from hole ML19-123CT include:

Upper oxide zone: 42.9 metres at 0.72 gram per tonne gold including 11.1 m at 1.4 g/t Au;
Main sulphide zone: 38.2 m at 2.0 g/t Au including 5.7 m at 2.6 g/t Au and 28 m at 2.1 g/t Au;
CIZ: 125.5 m at 2.56 g/t Au including 14.8 m at 8.9 g/t Au and 24.7 m at 4.3 g/t Au;
CIZ: 74.7 m at 0.62 g/t Au including five m at 1.73 g/t Au and 9.2 m at 1.56 g/t Au.

.....

https://www.stockwatch.com/News/Item?bid=Z-C%3aKOR-2904889&symbol=KOR&region=C

 

[dukezero]

 

[wicki99]

gold und silber in diesem wirtschaftlich angeschlagenem umfeld und der potus-forderung nach negativen zinsen stark unterwegs.

 

[Kostolanys Erbe]

AU:CWX

14/05/2020 67m@2.94g/t Au incl. 2m@74.8g/t Au extends Hill 800

https://www.asx.com.au/asxpdf/20200514/pdf/44htbwvsvkzrz1.pdf

 

[Kostolanys Erbe]

AU:SXY

14/05/2020 Senex and CleanCo Queensland sign new gas sales agreement

https://www.asx.com.au/asxpdf/20200514/pdf/44htd066jcw9t0.pdf

 

[dukezero]

dukezero schrieb am 14.05.2020, 13:13 Uhr[/url]"]» zur Grafik

Abgeflogen!

 

[Cardioaffin]

ORIGINAL: Sokoman Minerals Completes Extended Phase 5 Drilling Program at Moosehead, Central Newfoundland

https://www.stockwatch.com/News/Item?bid=Z-C%3aSIC-2906715&symbol=SIC&region=C

 

[wicki99]

die futures von gold und silber mit th von 1755.50 $ udn 16.975 $.

wicki99 schrieb am 14.05.2020, 18:05 Uhr[/url]"]gold und silber in diesem wirtschaftlich angeschlagenem umfeld und der potus-forderung nach negativen zinsen stark unterwegs.

» zur Grafik » zur Grafik

 

[wicki99]

neue th: die futures von gold und silber mit 1759.60 $ udn 17.015 $.

wicki99 schrieb am 15.05.2020, 14:47 Uhr[/url]"]die futures von gold und silber mit th von 1755.50 $ udn 16.975 $.

wicki99 schrieb am 14.05.2020, 18:05 Uhr[/url]"]gold und silber in diesem wirtschaftlich angeschlagenem umfeld und der potus-forderung nach negativen zinsen stark unterwegs.

» zur Grafik » zur Grafik

 

[Kostolanys Erbe]

Arizona Metals to resume Kay drilling on May 21



2020-05-15 07:22 ET - News Release



Mr. Marc Pais reports

ARIZONA METALS CORP ANNOUNCES THE DRILL PROGRAM AT ITS KAY MINE PROJECT IN ARIZONA WILL RESUME ON MAY 21ST, 2020

Arizona Metals Corp.'s exploration drill program at its Kay mine project in Arizona will resume on Thursday, May 21, 2020.

The phase 1 drill program at the Kay mine project was temporarily suspended on March 27, 2020, as the result of a stay-at-home order issued by the State of Arizona in response to the COVID-19 pandemic.

On May 12, 2020, the Governor of Arizona announced that the stay-at-home order will expire on Friday, May 15, 2020. Arizona Metals has contracted two drill rigs from Boart Longyear. The first drill will be mobilized from the drill facility in Glendale, Ariz., to the Kay mine project on May 21, 2020, and the second on May 28, 2020.

Boart Longyear has instituted COVID-19 monitoring procedures for all drill crew members, including daily temperature and symptom checks. Arizona Metals will be provided with daily health tracking updates for the drill crews and has also instituted its own social distancing policies for employees at site.

Arizona Metals plans to complete the phase 1 drill program of which approximately 3,000 metres remain. The addition of the second drill to site will allow for simultaneous drilling of the North and South zone lenses, and an accelerated timeline to complete the phase 1 program. Drill data will be used to design and plan an extended phase 2 drill program.

About Arizona Metals Corp.

Arizona Metals owns 100 per cent of the Kay mine property in Yavapai county, which is located on a combination of patented and BLM claims totalling 1,300 acres that are not subject to any royalties.

The qualified person who reviewed and approved the technical disclosure in this release is David Smith, CPG.

https://www.stockwatch.com/News/Item?bid=Z-C%3aAMC-2906707&symbol=AMC&region=C

 

[Kostolanys Erbe]

Steppe Gold loses $3.9M from ops in Q1 2020



2020-05-15 11:32 ET - News Release



Mr. Matthew Wood reports

STEPPE GOLD LIMITED ANNOUNCES ITS FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2020

Steppe Gold Ltd. has released its financial results for the quarter ended March 31, 2020.

The Company announces that the Company's interim consolidated financial results for the first fiscal quarter ended March 31, 2020 have been filed on SEDAR.

The full version of the Condensed Interim Consolidated Financial Statements and Management's Discussion & Analysis can be viewed on the Company's website at www.steppegold.com or under the Company's profile on SEDAR at www.sedar.com. Amounts are expressed in United States dollars unless otherwise noted.

HIGHLIGHTS

Financial Results for the Three Months Ended, March 31, 2020

On January 20, 2020, the Company's Adsorption-Desorption Recovery (ADR) Plant was fully commissioned by the Professional Inspection Agency of Mongolia and declared ready for use.

On January 30, 2020, the Company received funding from the Mongolian National Investment Fund PIF SPV. The fund has subscribed for a 12% two‐year secured convertible debenture of the Company in the principal amount of $3 million.

Cash was $1.8 million at March 31, 2020, compared to $0.67 million at December 31, 2019. The increase was primarily due to cash received from financing, offset by cash utilised in operating activities.

Subsequent to quarter end the Company commenced its first gold sales and sold a total of 5,233 oz of gold and 1,372 oz of silver in two separate deliveries to the Central Bank of Mongolia. This generated net cash flow before stream obligations of $8.5 million.

On April 9, 2020, privately held debentures with a total value of $2,500,000 were converted into 4,807,692 common shares of the Company.

Loss from operations for the quarter was $3.9 million ($0.09 per share) compared to a loss of $0.5 million ($0.01 per share) for the quarter ended March 31, 2019.

https://www.stockwatch.com/News/Item?bid=Z-C%3aSTGO-2906948&symbol=STGO&region=C

 

[greenhorn]

Guten Morgen!

 

[boersensoldat]

Moin,

super Wochenstart von Gold&Silber.Und ausgerchnet heute haben die Holzfäller Ruhetag.
Diese Woche steht Spanish Mountain Gold bei mir im Mittelpunkt.Absolut noch nicht gelaufen.Vergangene Woche haben auch die Umsätze angezogen.

 

[boersensoldat]

Kennt eigentlich jemand von euch Prism Resources?
Auf den ersten Blick ne tote Shell.....knapp 52 Millionen Aktien und ne MK von aktuell 1,56 Millionen CAD.Aktueller Kurs 0,03 CAD
Aber jetzt kommt das spannende an der Sache.Man führt aktuell einen Rechtsstreit gegen Detour.
Hier geht es um 10 Millionen CAD Schadenersatz und eine 7,5 % NSR !!!
Anhörung ist kommende Woche am 28.5. vor dem Ontario Superior Court of Justice.
Die Frage ist nur,wie will PRS diesen Rechtsstreit finanziell durchstehen.Lt. Sedar waren Ende Januar noch 1000 CAD in der Kasse.

Auf jeden Fall eine spannende Geschichte,zumal hier auch noch Trevali,als Shareholder von PRS involviert ist.

 

[wicki99]

die futures von gold und silber weiter strong up und mit th von 1775.80 $ (derzeit allerdings nahe dem tt von 1754,60 $) und 17.985 $.

wicki99 schrieb am 15.05.2020, 18:05 Uhr[/url]"]neue th: die futures von gold und silber mit 1759.60 $ und 17.015 $.

wicki99 schrieb am 15.05.2020, 14:47 Uhr[/url]"]die futures von gold und silber mit th von 1755.50 $ udn 16.975 $.

wicki99 schrieb am 14.05.2020, 18:05 Uhr[/url]"]gold und silber in diesem wirtschaftlich angeschlagenem umfeld und der potus-forderung nach negativen zinsen stark unterwegs.

» zur Grafik » zur Grafik

 

[wicki99]

wow, indizes und oel/gas-futures blind long. gold-future gibt's gerade im sonderangebot des tt von 1729.30 $.

 

[WEICHTRADER]

Production remains on hold at Pumpkin Hollow during virus; company says ready to open ASAP

Production at the mine was suspended in early April. Dhyr said the mine is hoisting what ore it can and hopes to be back in production in late summer or early fall.

“Copper prices dropped like a rock when the coronavirus hit,” Dhyr said. “The demand in China went down. China was the main purchaser of the concentrate. There’s no benefit to us to produce at $2.20.”

https://eu.rgj.com/story/news/local...evada-coppers-pumpkin-hollow-mine/5215226002/

Die Produktionskosten wurden bisher doch immer mit 1,86$ angegeben.