Ero Copper Announces Initial NI 43-101 Mineral Resource Estimate for the Furnas Copper-Gold Project
Investing News Network | Copper Investing News
by Investing News Network
15h ago
Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the "Company") is pleased to announce an initial National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Furnas Copper-Gold Project ("Furnas" or the "Project"), located in the Carajás Mineral Province ("Carajás") in Pará State, Brazil. The initial mineral resource estimate highlights significant potential for the Project. At a 1.00% copper equivalent ("CuEq") cut-off grade, the mineral resource estimate, effective June 30, 2024, totals: Indicated Mineral Resource: 35.2 million tonnes grading 1.04% copper and 0.69 g ..read more
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Vertex Minerals
Investing News Network | Copper Investing News
by Investing News Network
19h ago
​Investor Insight Vertex Minerals offers a compelling value proposition predicated on combining innovative, sustainable mining methodologies with a staged development plan and a strategic, near-term production path. The company is well-positioned to unlock the significant potential of this high-grade gold project. ​Overview Vertex Minerals (ASX:VTX) is an Australian mineral exploration company and near-term gold producer in one of the highest-grade, if not the highest-grade, gold mining districts in Australia. The company is advancing its Reward gold mine, scheduled to commence production i ..read more
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Red Metal Resources Announces Grant of Stock Options
Investing News Network | Copper Investing News
by Investing News Network
22h ago
Red Metal Resources Ltd. (CSE: RMES) (OTC Pink: RMESF) (FSE: I660) ("Red Metal" or the "Company") announces the grant of stock options pursuant to the Company's stock option plan to directors, officers, management company employees, and consultants of the Company to purchase up to an aggregate of 1,200,000 common shares at an exercise price of $0.12 per common share. Pursuant to the terms of the option agreements, 1,200,000 options will vest immediately and will expire two years from the date of grant. The common shares issuable upon the exercise of the options granted to directors and offi ..read more
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Filo Shareholders Greenlight Acquisition by BHP and Lundin Mining
Investing News Network | Copper Investing News
by Giann Liguid
22h ago
Filo (TSX:FIL,OTCQX:FLMMF) shareholders have approved the acquisition of the company by BHP Investments Canada, a subsidiary of BHP (ASX:BHP,LSE:BHP,NYSE:BHP), and Lundin Mining (TSX:LUN,OTC Pink:LUNMF). The approval, announced on September 26, follows a special meeting of shareholders. The agreement will see BHP and Lundin Mining form a 50/50 joint venture that will include the Filo del Sol project, owned by Filo, and Lundin Mining's Josemaria project. Both are located in Argentina near the Chilean border. “Our copper-gold-silver exploration success at Filo has been unmatched since spinning ..read more
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40% Increase in Indicated Resource in Gold Domain and 60% in Copper Domain for Nueva Sabana Deposit
Investing News Network | Copper Investing News
by Investing News Network
2d ago
Antilles Gold Limited (“Antilles Gold” or the “Company”) (ASX: AAU, OTCQB: ANTMF) is pleased to report a revised Mineral Resource Estimate (‘MRE’) for the first stage of the proposed Nueva Sabana copper-gold mine in central Cuba. The updated MRE follows completion of a 2,000m in-fill drilling program. Refer attached Revised MRE by Mining Associates Pty Ltd and JORC Edition 2012 Table 1 The majority of the Inferred Resources in the MRE reported on 6 March 2024 have now been elevated to Indicated Resources. Importantly, the outcropping gold cap that will be mined at the commencement of opera ..read more
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Canadian Critical Minerals Receives Offer to Purchase Interest in Thierry Mine Project
Investing News Network | Copper Investing News
by Investing News Network
2d ago
Canadian Critical Minerals Inc. (TSXV: CCMI) (OTCQB: RIINF) ("CCMI" or the "Company") hereby reports that QC Copper and Gold (TSXV: QCCU) (QCCUF) ("QC Copper") has made an offer to purchase all the outstanding shares of Cuprum Corp. ("Cuprum") in an all-share deal (the "Acquisition"). Cuprum is a private company (formerly Pickle Lake Minerals Inc.) which owns 100% of the Thierry Mine project ("Thierry"). CCMI currently owns 29.9% of Cuprum and is the second largest shareholder. QC Copper currently owns 7.7% of Cuprum. Following the proposed transaction, CCMI's ownership of QC Copper would b ..read more
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Lundin Mining Announces Updated Share Capital and Voting Rights
Investing News Network | Copper Investing News
by Investing News Network
3d ago
TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: The number of issued and outstanding shares of the Company has increased by 71,562 to 776,862,620 common shares with voting rights as of September 30, 2024 . The increase in the number of issued and outstanding shares from September 1, 2024 to date is a result of the exercise of employee stock options or the vesting of employee share units. About Lundin Mining Lundin ..read more
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Alderan Intersects 30m Copper Mineralised Zone at New Years Copper Prospect, Cactus District, Utah, USA
Investing News Network | Copper Investing News
by Investing News Network
3d ago
Alderan Resources Limited (ASX: AL8) (Alderan or the Company) is pleased to advise that its Stage 1 drilling programme at the New Years copper prospect in the Cactus copper-gold (Cu-Au) district in Utah, USA has intersected high grade copper mineralisation based on visual inspection and pXRF readings on the drill core. Spot pXRF readings reach grades of 45.5% copper between 14.0-14.2m down hole NY2024-DDH2 with the average of three separate readings over this interval being 23.2% copper (see Figure 2). This sits within a 30m interval from 10.8m downhole which contains high pXRF copper grades ..read more
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Glencore Loan Facility Closed, Offtakes Executed
Investing News Network | Copper Investing News
by Investing News Network
3d ago
Cyprium Metals Limited (ASX: CYM) (Cyprium or the Company) is pleased to announce closing of the Senior Secured Loan Facility with Glencore International AG and its affiliates (Glencore) and execution of offtake agreements for copper products in line with previous announcements on 30 August 2024 – $40m Senior Secured Loan Facility with Glencore, and 26 July 2024 – Cyprium and Glencore Announce Commercial Strategic Partnership. “This is an important moment,” said Cyprium Executive Chair Matt Fifield. “This closing cements our strategic commercial partnership with Glencore, enables additional ..read more
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Aston Bay and American West Metals Report 22.9m @ 8.5% Cu Intersected at the Storm Project, Nunavut, Canada
Investing News Network | Copper Investing News
by Investing News Network
4d ago
Drill results outside of known mineralization confirm the expansion potential Cyclone resource upgrade and expansion: Assays confirm that the resource drilling around and within the Cyclone Deposit has intersected further thick high-grade copper intervals including: Drill hole SR24-093 was drilled 75m southof the current known area of mineralization and has intersected: 53.3m @ 3.9% copper (Cu), 12.6 grams per tonne (g/t) silver (Ag) from 86.9m downhole, including, 22.9m @ 8.5% Cu, 17.8g/t Ag from 86.9m downhole, including, 9.1m @ 14.4% Cu, 21.3g/t Ag from 93m downhole Dri ..read more
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