Kostolanys Erbe schrieb am 10.01.2022, 19:04 Uhr[/url]"]
Anacortes Mining plans drilling on Tres Cruces
2022-01-10 11:23 ET - News Release
Mr. James Currie reports
ANACORTES MINING TO AGGRESSIVELY ADVANCE TRES CRUCES HIGH-GRADE GOLD DEPOSIT IN 2022
Anacortes Mining Corp. has provided a corporate update, including guidance on its 2022 objectives, as the company advances toward its ambitious goal of becoming a low-cost, mid-tier gold producer.
In 2021, Anacortes was formed through a transformational merger between the CPC company, First Light Capital, and New Oroperu Resources, which owned 100% of the highly-prospective Tres Cruces gold deposit in Northern Peru, 10 km southwest of the past-producing Lagunas Norte mine. As part of the transaction, the Company completed a $22M financing, led by institutional investors and industry executives, built its management team and commenced trading as Anacortes Mining Corp. on the TSX Venture Exchange on October 12, 2021.
Tres Cruces is located within a highly prolific belt of rocks extending for more than 600 km in Northern Peru, where ~100M ounces of gold has been discovered (~50M ounces produced) from long standing operations, including Newmont/Buenaventura's Yanacocha mine (South America's largest and most profitable gold mine), the ~14M ounce past-producing Lagunas Norte operation, and the past-producing ~6M ounce high-grade Pierana gold and silver mine, amongst others.
Tres Cruces is one of the highest-grade oxide deposits globally and hosts oxide plus sulphide indicated resources of 2,474,000 oz at 1.65 g/t gold and inferred resources of 104,000 oz at 1.26 g/t gold, inclusive of 630,000 oz of high-grade leachable gold at 1.28 g/t gold. (The current mineral resource estimate was prepared by Jeffrey D. Rowe, James N. Gray, and Ruperto Castro Ocampo with an effective date of March 16, 2021). Surrounding infrastructure includes the national highway from Trujillo, electricity from the national grid, airstrip, a deep-water port, nearby mining infrastructure from past producing operations and a very skilled workforce in the region.
The Property was under option to Barrick Gold from 2003 to 2020 and the bulk of the exploration work on the Property was performed by Barrick, operating from the nearby Lagunas Norte operation. Barrick's option expired on December 31, 2020 and the property was returned to New Oroperu as Barrick was in the process of selling Lagunas Norte.
Jim Currie, CEO of Anacortes Mining, states, "2022 will prove to be a very exciting year for Anacortes as we advance the Tres Cruces project. The PEA is well underway and will demonstrate the economics of the high-grade heap-leachable oxide resource. We are in the process of preparing an expedited drill permit application to test the depth extension of Tres Cruces, where a number of drill holes ended in mineralization. It's hard to believe that an asset such as Tres Cruces, with 371 drill holes, has never been properly tested below 250 meters from surface when so many holes ended in excellent mineralization. We strongly believe these wide zones of gold mineralization suggest an exceptional exploration opportunity for our shareholders to prove that Tres Cruces can be a world class asset in an excellent mining jurisdiction as we embark on our journey to become a mid-tier gold producer."
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https://www.stockwatch.com/News/Item/Z-C!XYZ-3192544/C/XYZ
[url=https://peketec.de/trading/viewtopic.php?p=2115448#2115448 schrieb:
Kostolanys Erbe schrieb am 11.12.2021, 11:05 Uhr[/url]"]Nach dem Zusammenschluss sind sie nun wieder an der Börse unter dem
Kürzel XYZ !
Anacortes Mining Corp.
https://anacortesmining.com/
Präsentation:
https://secureservercdn.net/104.238.68.196/qj3.450.myftpupload.com/wp-content/uploads/2021/10/Anacortes-Investor-Presentation-DRAFT-v5.pdf
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[url=https://peketec.de/trading/viewtopic.php?p=2081129#2081129 schrieb:
Kostolanys Erbe schrieb am 17.06.2021, 21:16 Uhr[/url]"]First Light Capital to merge with New Oroperu
2021-06-17 14:09 ET - News Release
See News Release (C-XYZ) First Light Capital Corp
Mr. Jim Currie of First Light reports
FIRST LIGHT AND NEW OROPERU ANNOUNCE BUSINESS COMBINATION TO CREATE ANACORTES MINING AND C$20M CONCURRENT FINANCING TO ADVANCE TRES CRUCES
First Light Capital Corp. and New Oroperu Resources Inc. have entered into a definitive arrangement agreement dated June 16, 2021, to combine and create Anacortes Mining Corp., a new growth-oriented gold company in the Americas. Anacortes intends to focus on continued exploration and advancement of New Oroperu's Tres Cruces project located in Peru, in addition to seeking further growth opportunities in the Americas. Jim Currie will lead Anacortes as the President and Chief Executive Officer. In connection with the Transaction, First Light intends to complete a concurrent C$20M subscription receipt financing.
Key HighlightsTres Cruces is one of the highest-grade oxide deposits globally and hosts oxide plus sulphide Indicated resources of 2.474 Mozs at 1.65 g/t gold and Inferred resources of 104 kozs at 1.26 g/t gold, inclusive of 630 kozs of high-grade leachable gold at 1.28 g/t gold (see New Oroperu's news release dated March 18, 2021 for further information, a copy of which is available at www.sedar.com) Tres Cruces is strategically located in a highly prospective geological belt that hosts significant gold deposits such as Lagunas Norte, which is located within 10 km, Yanacocha and PierinaAnacortes will be led by a new management team and Board with extensive experience in Latin America and Peru and proven capabilities in all facets of mine development and operationsWell-capitalized post-closing of the $20M Private Placement (as defined below)Underexplored property with oxide and sulphide resource growth potential - Tres Cruces has not been drilled since 2008 when gold prices were approximately US$850/oz, and several of the best drill intercepts from the previous drilling campaign are below and outside of the current pit-constrained mineral resourceAttractive pro forma relative valuation on an enterprise value per Indicated resource ounce basis
Management and Board of Directors
Upon completion of the Transaction, it is expected that the leadership team of Anacortes will be comprised of:Jim Currie (President, Chief Executive Officer and Director)Engineer with over 40 years of senior management, engineering, and operations experienceMost recently Chief Operating Officer of Equinox Gold Corp.Previously Chief Operating Officer of Pretium Resources Inc. and New Gold Inc.Steven Botts (President, Peru)Over 40 years of experience in mining with a focus on the areas of project development, environmental management, stakeholder engagement, and sustainable developmentMost recently Vice President and Managing Director of Tahoe Peru, where he managed both the La Arena and Shahuindo gold heap leach operationsHorng Dih Lee (Chief Financial Officer and Corporate Secretary)Previously Chief Financial Officer, Secretary and VP at Eastern Platinum Ltd., Chief Financial Officer and Secretary of Esrey Resources Ltd., Chief Financial Officer and Vice President at Diamond Fields Resources, Inc. and Chief Financial Officer and Vice President for Northern Orion Resources, Inc.Marshall Koval (Special Advisor)Mining executive with more than 42 years of corporate management, M&A, finance, mineral exploration, mine development, and operations experience globallyCurrently serves as President, CEO and Director of Lumina Gold Corp., CEO and Director of Luminex Resources Corp., Director of Equinox Gold Corp., and Director of Miedzi Copper Corp.Board of Directors to be comprised of four nominees from First Light, including Andy Carstensen, a professional geologist and current Vice President, Exploration, of Luminex Resources Corp., and Wayne Livingstone, current President and Chief Executive Officer of New Oroperu
Jim Currie, President and Chief Executive Office of First Light, stated, "Our team has been aggressively pursuing a foundational asset for Anacortes and Tres Cruces meets several of our investment criteria. The asset provides an established resource base, significant exploration potential for both the oxides and sulphides, and several development opportunities. Through focused efforts on engineering and exploration, we believe we are well-positioned to generate significant value for the stakeholders of both First Light and New Oroperu."
Wayne Livingstone, President and Chief Executive Officer of New Oroperu, stated, "This transaction culminates the hard work and dedication of New Oroperu and its partners since inception. We look forward to seeing Tres Cruces advanced under the expertise of Jim and his team, and we are excited for the next chapter in a prolific gold camp that saw Barrick mine more than 10 million ounces at Lagunas Norte, approximately 10 km away."
Transaction Details
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https://www.stockwatch.com/News/Item/Z-C!ORO-3099969/C/ORO