Caseron
MAY 01, 2024 LUN.TO LUNDIN MINING FIRST QUARTER 2024 RESULTS
2024.05.02 01:50 Then_Marionberry_259 MAY 01, 2024 LUN.TO LUNDIN MINING FIRST QUARTER 2024 RESULTS
 | https://preview.redd.it/5q4fz3g7kwxc1.png?width=3500&format=png&auto=webp&s=ad8680612419223e23ef9c30d8728d612ea3850c submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] https://preview.redd.it/s7j5hbj7kwxc1.jpg?width=400&format=pjpg&auto=webp&s=3f9b342ec1dcd1d1fbdf8ab5941c2b0a7608bd70 VANCOUVER, BC , May 1, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its first quarter 2024 financial results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. View PDF Jack Lundin , President and CEO commented, "Our strategic acquisition of a majority interest in the Caserones copper mine continues to drive revenue and production growth. First quarter revenue and copper production increased 25% and 43%, respectively, compared to the same quarter last year, and was in line with our expectations. Production at Candelaria will be second half weighted due to higher grades as a result of planned mine sequencing. We remain on track to meet our annual production and cash cost guidance." First Quarter Operational and Financial Highlights
Summary Financial Results https://preview.redd.it/gcaup9l7kwxc1.png?width=720&format=png&auto=webp&s=de5e420db0d8d326dd337eee0a6d21fcc4f76c0e https://preview.redd.it/53geyhm7kwxc1.png?width=720&format=png&auto=webp&s=d8354f91e62888a52c10b32fc51e0751710fa3f2
Operational Performance Total Production https://preview.redd.it/vtpevlo7kwxc1.png?width=720&format=png&auto=webp&s=f262d814c3bdfc9569056f5307409efb774a63bc Candelaria (80% owned): Candelaria produced 32,527 tonnes of copper and approximately 19,000 ounces of gold in concentrate on a 100% basis in the three months ended March 31, 2024 $1.89 /lb improved from the prior year comparable period due to favourable foreign exchange and higher by-product credits. Copper and gold production in 2024 are forecast to be weighted to the second half of the year, primarily owing to mine sequencing and the resultant grade profiles. Caserones (51% owned): During the three months ended March 31, 2024 , Caserones produced 34,216 tonnes of copper and 864 tonnes of molybdenum on a 100% basis. Copper and molybdenum production was slightly lower than expected due to reduced throughput caused by unplanned maintenance, combined with lower recoveries due to mine sequencing. Production costs and cash costs per pound in the three months ended March 31, 2024 were lower than planned primarily due to favourable foreign exchange as a result of the Chilean peso weakening against the US dollar. Chapada (100% owned): Chapada produced 10,138 tonnes of copper and approximately 14,000 ounces of gold in concentrate in the three months ended March 31, 2024 $2.01 /lb for the three months ended March 31, 2024 improved from the prior year comparable period due to higher by-product credits combined with mining cost decreases due to operational improvements. Eagle (100% owned): During the three months ended March 31, 2024 , Eagle produced 3,255 tonnes of nickel and 2,514 tonnes of copper which were lower than in the prior year comparable period due to lower planned grades and recoveries. Production costs were lower than in the prior year comparable period due to lower sales volumes. Nickel cash cost of $4.04 /lb was higher than in the prior year comparable period and was impacted by lower sales volumes and lower by-product credits. Neves-Corvo (100% owned): Neves-Corvo produced 7,044 tonnes of copper and 26,487 tonnes of zinc in the three months ended March 31, 2024 March 31, 2024 due to a voluntary three-day shutdown and subsequent ramp-up following the fatality that occurred in February 2024 $3.24 /lb was higher than prior year comparable period as a result of lower production volumes, lower by-product credits and unfavorable foreign exchange. Zinkgruvan (100% owned): Zinc production of 19,201 tonnes was lower than in the prior year comparable period primarily due to lower grades. Lead production of 6,748 tonnes and copper production of 1,574 tonnes were lower than in the prior year comparable period primarily due to lower grades as a result of delays in mining high-grade stopes. Production costs were slightly higher than in the prior year comparable period and zinc cash cost per pound of $0.65 /lb was higher than in the prior year comparable period primarily due to lower production volumes. Outlook Overall, operations performed well in the first quarter of 2024 and the Company is expected to meet annual production and cash cost guidance as disclosed in the Company's MD&A for the year ended December 31, 2023 Metal production continues to be weighted to the second half of the year at Candelaria, Chapada and Neves-Corvo due to mine sequencing and resultant forecasted grade profiles. As a result of production challenges at Neves-Corvo in the first quarter of 2024, copper production at that operation is tracking to the lower end of its annual production guidance range. Production challenges at Neves-Corvo, Eagle and Zinkgruvan in the first quarter of 2024 led to higher-than-expected cash costs per pound, which are expected to improve later in 2024. Capital expenditure guidance also remains consistent as disclosed in the Company's MD&A for the year ended December 31, 2023 including $840 million sustaining capital expenditure and $225 million of expenditure related to the Josemaria Project. Similarly, exploration expenditure of $48 million remains on target for 2024. Exploration During the quarter ended March 31, 2024 , exploration activity focused on in-mine and near-mine targets at the Company's operations. Exploration drilling at Zinkgruvan was focused on resource expansion, Candelaria drilling was focused on Candelaria Norte , and Chapada drilling concentrated on delineating the high-grade, near-mine trend at Corpo Sul. At Caserones, exploration remains in the early stages. Geophysical surveys were recently carried out on the land package and the data collected will help to refine our targets and advance our efforts. Exploration drilling was completed in the lower portion of the mineral resource and at the Angelica oxide and sulphide targets, both near-mine targets that would add potential mineral resources and extend the life of the operation. At Josemaria, seasonal exploration drilling is coming to a close at the Cumbre Verde target near the Josemaria ore body. Six holes were drilled targeting the same mineralized system and structures that hosted high grade mineralization on the neighbouring property that run towards Josemaria. Exploration remains in its early stages and initial results highlight coppegold/silver mineralization. The data obtained will help further refine and target this mineralization. Work will continue throughout the remainder of 2024, although it will be minimized during the winter season. There was no exploration drilling at Neves-Corvo and Eagle in the quarter. About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with projects and operations in Argentina , Brazil , Chile , Portugal , Sweden and the United States of America , primarily producing copper, zinc, nickel and gold. The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on May 1, 2024 at 14:30 Pacific Standard Time Technical Information The scientific and technical information in this press release has been prepared in accordance with the disclosure standards of National Instrument 43-101 ("NI 43-101") and has been reviewed by Arman Barha , P.Eng., Vice President, Technical Services, a "Qualified Person" under NI 43-101. Mr. Barha has verified the data disclosed in this release and no limitations were imposed on his verification process. Reconciliation of Non-GAAP Measures The Company uses certain performance measures in its analysis. These performance measures have no standardized meaning within generally accepted accounting principles under International Financial Reporting Standards and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. For additional details please refer to the Company's discussion of non-GAAP and other performance measures in its Management's Discussion and Analysis for the three months ended March 31, 2024 which is available on SEDAR+ at www.sedarplus.com Cash Cost per Pound and All-in Sustaining Costs per pound can be reconciled to Production Costs on the Company's Condensed Interim Consolidated Statement of Earnings as follows: https://preview.redd.it/4l2hpmp7kwxc1.png?width=720&format=png&auto=webp&s=ba7b9e5751e741026eca018af99b1b38919f65dd https://preview.redd.it/g6v94pq7kwxc1.png?width=720&format=png&auto=webp&s=241b1619eb5ef6fb12fa970a6e475f84a09bb688 Adjusted EBITDA can be reconciled to Net Earnings (Loss) on the Company's Condensed Interim Consolidated Statement of Earnings as follows: https://preview.redd.it/hp5x4mr7kwxc1.png?width=720&format=png&auto=webp&s=b25a882a82da41bf040299c31ff149aaf86f5ec8 Adjusted Earnings and Adjusted EPS can be reconciled to Net Earnings (Loss) Attributable to Lundin Mining Shareholders on the Company's Condensed Interim Consolidated Statement of Earnings as follows: https://preview.redd.it/5er5jfs7kwxc1.png?width=720&format=png&auto=webp&s=8f0c987c7ebbc3a2cbbf7a55314d1175c8a52ffc Free Cash Flow from Operations and Free Cash Flow can be reconciled to Cash provided by Operating Activities on the Company's Condensed Interim Consolidated Statement of Cash Flows as follows: https://preview.redd.it/bphpqjt7kwxc1.png?width=720&format=png&auto=webp&s=e2b26877929ddea402f97967125d17d5155ed665 Adjusted Operating Cash Flow and Adjusted Operating Cash Flow per Share can be reconciled to Cash Provided by Operating Activities on the Company's Condensed Interim Consolidated Statement of Cash Flows as follows: https://preview.redd.it/d67htsu7kwxc1.png?width=720&format=png&auto=webp&s=fe8785691251dd7026fca97fbb23c7f3f477f1c6 Net debt and net debt excluding lease liabilities can be reconciled to Debt and Lease Liabilities, Current Portion of Debt and Lease Liabilities and Cash and Cash Equivalents on the Company's condensed interim consolidated balance sheet as follows: https://preview.redd.it/vunueyv7kwxc1.png?width=720&format=png&auto=webp&s=bdf23613acc3b60753353b16cc4e73b093087d36 Cautionary Statement on Forward-Looking Information Certain of the statements made and information contained herein is "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to statements regarding the Company's plans, prospects and business strategies; the Company's guidance on the timing and amount of future production and its expectations regarding the results of operations; expected costs; permitting requirements and timelines; timing and possible outcome of pending litigation; the results of any Preliminary Economic Assessment, Feasibility Study, or Mineral Resource and Mineral Reserve estimations, life of mine estimates, and mine and mine closure plans; anticipated market prices of metals, currency exchange rates, and interest rates; the development and implementation of the Company's Responsible Mining Management System; the Company's ability to comply with contractual and permitting or other regulatory requirements; anticipated exploration and development activities at the Company's projects; the Company's integration of acquisitions and any anticipated benefits thereof; and expectations for other economic, business, and/or competitive factors. Words such as "believe", "expect", "anticipate", "contemplate", "target", "plan", "goal", "aim", "intend", "continue", "budget", "estimate", "may", "will", "can", "could", "should", "schedule" and similar expressions identify forward-looking statements. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labour; assumed and future price of copper, nickel, zinc, gold and other metals; anticipated costs; ability to achieve goals; the prompt and effective integration of acquisitions; that the political environment in which the Company operates will continue to support the development and operation of mining projects; and assumptions related to the factors set forth below. While these factors and assumptions are considered reasonable by Lundin Mining as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: global financial conditions, market volatility and inflation, including pricing and availability of key supplies and services; risks inherent in mining including but not limited to risks to the environment, industrial accidents, catastrophic equipment failures, unusual or unexpected geological formations or unstable ground conditions, and natural phenomena such as earthquakes, flooding or unusually severe weather; uninsurable risks; volatility and fluctuations in metal and commodity demand and prices; significant reliance on assets in Chile ; reputation risks related to negative publicity with respect to the Company or the mining industry in general; delays or the inability to obtain, retain or comply with permits; risks relating to the development of the Josemaria Project; health and safety laws and regulations; risks associated with climate change; risks relating to indebtedness; economic, political and social instability and mining regime changes in the Company's operating jurisdictions, including but not limited to those related to permitting and approvals, nationalization or expropriation without fair compensation, environmental and tailings management, labour, trade relations, and transportation; inability to attract and retain highly skilled employees; risks inherent in and/or associated with operating in foreign countries and emerging markets, including with respect to foreign exchange and capital controls; project financing risks, liquidity risks and limited financial resources; health and safety risks; compliance with environmental, unavailable or inaccessible infrastructure, infrastructure failures, and risks related to ageing infrastructure; changing taxation regimes; the inability to effectively compete in the industry; risks associated with acquisitions and related integration efforts, including the ability to achieve anticipated benefits, unanticipated difficulties or expenditures relating to integration and diversion of management time on integration; risks related to mine closure activities, reclamation obligations, environmental liabilities and closed and historical sites; reliance on key personnel and reporting and oversight systems, as well as third parties and consultants in foreign jurisdictions; information technology and cybersecurity risks; risks associated with the estimation of Mineral Resources and Mineral Reserves and the geology, grade and continuity of mineral deposits including but not limited to models relating thereto; actual ore mined and/or metal recoveries varying from Mineral Resource and Mineral Reserve estimates, estimates of grade, tonnage, dilution, mine plans and metallurgical and other characteristics; ore processing efficiency; community and stakeholder opposition; regulatory investigations, enforcement, sanctions and/or related or other litigation; financial projections, including estimates of future expenditures and cash costs, and estimates of future production may not be reliable; enforcing legal rights in foreign jurisdictions; risks associated with the use of derivatives; risks relating to joint ventures and operations; environmental and regulatory risks associated with the structural stability of waste rock dumps or tailings storage facilities; exchange rate fluctuations; compliance with foreign laws; potential for the allegation of fraud and corruption involving the Company, its customers, suppliers or employees, or the allegation of improper or discriminatory employment practices, or human rights violations; risks relating to dilution; risks relating to payment of dividends; counterparty and customer concentration risks; activist shareholders and proxy solicitation matters; estimation of asset carrying values; relationships with employees and contractors, and the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; conflicts of interest; existence of significant shareholders; challenges or defects in title; internal controls; risks relating to minor elements contained in concentrate products; the threat associated with outbreaks of viruses and infectious diseases; and other risks and uncertainties, including but not limited to those described in the "Managing Risks" section of the Company's MD&A and the "Risks and Uncertainties" section of the Company's Annual Information Form for the year ended December 31, 2023 , which are available on SEDAR+ at [www.sedarplus.com*](http://www.sedarplus.com) under the Company's profile.* All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law. Lundin Mining First Quarter 2024 Results (CNW Group/Lundin Mining Corporation) SOURCE Lundin Mining Corporation View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/01/c7931.html https://preview.redd.it/i0euasw7kwxc1.png?width=4000&format=png&auto=webp&s=5fcda5026dde7740051e0af0f6d8905ad979321b
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2024.03.22 14:54 Then_Marionberry_259 MAR 08, 2024 NGEX.V OTC MARKETS GROUP WELCOMES NGEX MINERALS LTD. TO OTCQX
 | https://preview.redd.it/rqx4he6b5wpc1.png?width=3500&format=png&auto=webp&s=528d195be5a2e7e17b9701d552a3693c5815bce4 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] NEW YORK, March 08, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced NGEx Minerals Ltd. (TSX: NGEX; OTCQX: NGXXF), a leading exploration company, has qualified to trade on the OTCQX ® Best Market. NGEx Minerals Ltd. upgraded to OTCQX from the Pink ® market. NGEx Minerals Ltd. begins trading today on OTCQX under the symbol “NGXXF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Wojtek Wodzicki, President & CEO of NGEx Minerals, commented, “We are pleased to follow up our recent graduation to the TSX in Canada with this upgrade to the OTCQX in the U.S. as we endeavour to make NGEx shares more accessible to a broader range of investors. These recent milestones should strengthen our shareholder base and provide more investors the opportunity to participate in our exciting growth story at NGEx.” B. Riley Securities, Inc. acted as the company’s OTCQX sponsor. About NGEx Minerals Ltd. NGEx Minerals is a leading exploration company based in Vancouver, Canada, with projects in Argentina and Chile. NGEx is advancing its newly discovered Lunahuasi deposit located in San Juan Province, Argentina. NGEx also holds a majority interest in the large-scale Los Helados copper-gold development project located in Region III, Chile. Both Lunahuasi and Los Helados are located within the emerging Vicuna District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. About OTC Markets Group Inc. OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX ® Best Market, OTCQB ® Venture Market and Pink ® Open Market. Our OTC Link ® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets. OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com Subscribe to the OTC Markets RSS Feed Media Contact: OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com https://preview.redd.it/5whapv8b5wpc1.png?width=150&format=png&auto=webp&s=08973cde6e980d1ef7b86deea0f4d5086f59fd41 https://preview.redd.it/ghjlsq9b5wpc1.png?width=4000&format=png&auto=webp&s=c85db46d7707e544b741644d522658f135b83744
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2024.03.22 14:53 Then_Marionberry_259 MAR 08, 2024 NGEX.V NGEX COMMENCES TRADING ON THE OTCQX IN THE UNITED STATES
 | https://preview.redd.it/6vyci9ha5wpc1.png?width=3500&format=png&auto=webp&s=8277849c2e026e4770220f287122d1714d671595 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , March 8, 2024 /CNW/ - NGEx Minerals Ltd. (TSX: NGEX) ("NGEx", "NGEx Minerals" or the "Company") is pleased to announce that its common shares are now trading in the United States on the OTCQX® Best Market under the symbol "NGXXF". View PDF NGEX COMMENCES TRADING ON THE OTCQX IN THE UNITED STATES (CNW Group/NGEx Minerals Ltd.) Wojtek Wodzicki , President & CEO, commented, "We are pleased to follow up our recent graduation to the TSX in Canada with this upgrade to the OTCQX in the U.S. as we endeavour to make NGEx shares more accessible to a broader range of investors. These recent milestones should strengthen our shareholder base and provide more investors the opportunity to participate in our exciting growth story at NGEx." Trading on OTCQX is expected to enhance the visibility and accessibility of the Company to current and prospective U.S. and global investors. To qualify for OTCQX, companies are required to meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. B. Riley Securities Inc. acted as the Company's OTCQX sponsor. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcmarkets.com NGEx has also applied for its common shares to be eligible for electronic clearing and settlement through the Depositary Trust Company ("DTC"). DTC eligibility is expected to simplify the process of trading and enhance the liquidity of the Company's common shares in the U.S. because of the accelerated settlement period and the expected reduction in costs for investors and brokers. The Company expects to receive confirmation of eligibility next quarter. NGEx common shares continue to trade on the TSX in Canada under the symbol "NGEX". About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. NGEx common shares trade on the TSX under the symbol "NGEX" and on the OTCQX under the symbol "NGXXF". NGEx is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca Additional Information The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding the graduation of NGEx's common shares on the OTCQX® Best Market from the Pink® market. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management with regards to the Company's ability to execute on its growth strategy as of the date hereof. Although the Company believes that these factors and expectations are reasonable as at the date of this document, in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include those risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at www.sedarplus.ca under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2024/08/c1909.html https://preview.redd.it/ux7lchka5wpc1.png?width=4000&format=png&auto=webp&s=0ab6b9529f739ae839703a4aec9546fdd04864c6
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2024.03.15 06:25 Charambusquin Para Mercedes, por supuesto.
Él vivió en una esquina “improbable” (decía su amigo), en la esquina de fuego con agua, en un caseron blanco donde se sentaba con alivio y soledad a la luz de un sol llamado Mercedes.
Léelo aquí: Para Mercedes, por supuesto.
submitted by Charambusquin to u/Charambusquin [link] [comments]
Léelo aquí: Para Mercedes, por supuesto.
2024.02.23 01:52 Then_Marionberry_259 FEB 21, 2024 LUN.TO LUNDIN MINING FOURTH QUARTER AND FULL YEAR 2023 RESULTS
 | https://preview.redd.it/s7oblqmfg8kc1.png?width=3500&format=png&auto=webp&s=e08215cafd00ea927fc396812bad1d4b4591f66e submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] https://preview.redd.it/6lcxqsofg8kc1.jpg?width=400&format=pjpg&auto=webp&s=89c61ae355c0b29df9469dfff8b1959f5c286f34 VANCOUVER, BC , Feb. 21, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its fourth quarter and full year 2023 financial results. Unless stated otherwise, results are presented on a 100% basis and Caserones results are from July 13, 2023 Jack Lundin , President and CEO commented, "2023 was a milestone year for the Company. We finished the year generating a record $3.4 billion in revenues and achieved our best-ever quarterly and full year copper production which we forecast to further increase by over 15% in 2024. Our 2023 financial performance was strong with $1.4 billion in adjusted EBITDA 1 , $345 million in free cash flow from operations 1 and we returned $206 million to our shareholders in dividends. "The Company's record copper production was driven by our strategic acquisition of a majority interest in Chile's Caserones copper mine, as well as organically through our expansion project at Neves-Corvo, which also contributed to record fourth quarter zinc production for the Company. Going forward, we will be disciplined in our growth plans and capital allocation as we continue to optimize assets and operational efficiencies to drive down costs. "At Josemaria, we're derisking the project via optimization and trade-off studies that aim to enhance the overall value of the Project. We are concurrently continuing to explore potential partnership opportunities and actively working towards establishing stability agreements in Argentina Fourth Quarter Highlights
https://preview.redd.it/l2c9wmqfg8kc1.png?width=720&format=png&auto=webp&s=2ed9bcb3839588ac8277a93feb48febdbf885071 https://preview.redd.it/a1drlfrfg8kc1.png?width=720&format=png&auto=webp&s=94cdcf89d451599001b263b0119b8a54156e403c
Total Production https://preview.redd.it/d34e61tfg8kc1.png?width=720&format=png&auto=webp&s=82d1f5b117d9ee7f73d0c16103e487c13b9e831a Candelaria (80% owned): Candelaria produced, on a 100% basis, 152,012 tonnes of copper, approximately 90,000 ounces of gold and 1.5 million ounces of silver in concentrate during the year. Copper production was consistent with the prior year due to higher throughput being offset by lower grades and recoveries. Gold production was higher than in the prior year due to higher throughput and grades. Both metals were within the most recently disclosed 2023 production guidance ranges. Total production costs were higher than the prior year primarily due to inflationary cost increases and unfavourable foreign exchange. Copper cash cost 1 of $2.07 /lb was within the most recently disclosed 2023 cash cost guidance range. Caserones (51% owned): Caserones produced 65,210 tonnes of copper and 2,024 tonnes of molybdenum on a 100% basis during the year, from the acquisition closing date of July 13, 2023 to the end of the year. Both metals met or exceeded the most recently disclosed 2023 production guidance ranges due to strong throughput, grade and recoveries. Copper cash cost of $1.99 /lb was slightly below the low end of the most recently disclosed cash cost guidance range as a result of higher production. Chapada (100% owned): Chapada produced 45,719 tonnes of copper and approximately 59,000 ounces of gold, with copper production remaining consistent to the prior year and gold production being negatively impacted by lower grade, throughput, and recoveries. Both metals were within the most recently disclosed 2023 production guidance ranges. Total production costs were lower than the prior year due to lower sales volumes. Full year copper cash cost of $2.27 /lb was below the low end of the most recently disclosed cash cost guidance. https://preview.redd.it/jixw9ztfg8kc1.png?width=720&format=png&auto=webp&s=e501a879625a41e291e0608c7326aca6c54237ae Eagle (100% owned): Eagle's production of 16,429 tonnes of nickel and 13,600 tonnes of copper were near the higher ends of recently disclosed 2023 production guidance ranges but lower than that in the prior year due to planned lower grades. Total production costs were lower than the prior year due to lower sales volumes. Nickel cash cost 1 of $2.16 /lb was within the most recently disclosed 2023 cash cost guidance range but higher than the prior year as a result of lower grade, lower by-product credits and higher repair and maintenance costs. Neves-Corvo (100% owned): Neves-Corvo produced 33,823 tonnes of copper and 108,812 tonnes of zinc during the year. Zinc production increased significantly from the prior year due to higher throughput as a result of the zinc expansion project ("ZEP"). Copper production also increased due to higher throughput and production of both metals was within the most recently disclosed 2023 production guidance ranges. Total production costs were lower than in the prior year despite higher sales, primarily due to lower input costs, in particular lower electricity and diesel prices, partially offset by unfavourable foreign exchange. Copper cash cost 1 of $2.37 /lb for the year exceeded the most recently disclosed 2023 cash cost guidance range and was higher than in the prior year primarily due to lower zinc by-product credits, higher treatment and refining charges, and unfavourable foreign exchange. Zinkgruvan (100% owned): Zinc production of 76,349 tonnes was consistent with the prior year, but slightly below the most recently disclosed 2023 production guidance range. Installation of a sequential flotation system during the year achieved improved recoveries, but a longer than anticipated ramp-up limited mill availability and reduced recoveries, limiting production of both lead and zinc. Lead production of 26,284 tonnes was also lower than in the prior year. Total production costs and sales volumes were consistent with the prior year and zinc cash cost 1 of $0.43 /lb was below the most recently disclosed 2023 cash cost guidance range but higher than in the prior year, primarily due to lower by-product credits. https://preview.redd.it/b0pf4sufg8kc1.png?width=720&format=png&auto=webp&s=6fcb75d4ac44d9a020e9235834f399cfd5c12f71 Outlook Production, cash cost, capital expenditures and exploration investment guidance for 2024 remains unchanged from the most recently reported guidance as outlined in the news release 'Lundin Mining Provides 2024 Guidance & Announces 2023 Production Resul |
2024.02.22 01:20 Then_Marionberry_259 FEB 20, 2024 NGEX.V NGEX TO COMMENCE TRADING ON THE TSX ON FEBRUARY 22, 2024
 | https://preview.redd.it/kzbn9eho51kc1.png?width=3500&format=png&auto=webp&s=269d5dd436d3fe0afab9afea40df3fb328ff4c64 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Feb. 20, 2024 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx", "NGEx Minerals" or the "Company") is pleased to announce that, further to its news release on February 14, 2024 , its common shares have been approved for listing on the Toronto Stock Exchange (the "TSX") and will begin trading at market open on February 22, 2024 February 21, 2024 View PDF Wojtek Wodzicki , President and CEO, commented, "We are pleased to graduate to the main board of the Toronto Stock Exchange as this marks another key milestone in the exciting growth of NGEx. As a significant marketplace for capital and premier exchange for resource-focused companies, the TSX will provide the platform to increase our capital markets visibility and provide more opportunities for inclusion in market indices and exchange-traded products which should allow us to attract new investors, grow our business, and maximize value for our shareholders." Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares. About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX-V under the trading symbol "NGEX". NGEx is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca Additional Information Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding the listing of NGEx's common shares on the TSX and the delisting of NGEx's common shares on the TSX-V. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management with regards to the Company's ability to execute on its growth strategy as of the date hereof. Although the Company believes that these factors and expectations are reasonable as at the date of this document, in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include those risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at www.sedarplus.ca under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. NGEX TO COMMENCE TRADING ON THE TSX ON FEBRUARY 22, 2024 (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/20/c2520.html https://preview.redd.it/1p2dfyjo51kc1.png?width=4000&format=png&auto=webp&s=2412421398463ea9caebfb9e61261bc3107165f2
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2024.02.16 22:49 Then_Marionberry_259 FEB 08, 2024 LUN.TO LUNDIN MINING ANNOUNCES 2023 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES
 | https://preview.redd.it/cvhhah29q0jc1.png?width=3500&format=png&auto=webp&s=45d26d3e68f99c936c01755e2e8c41ba73e57545 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] https://preview.redd.it/3jmvqc49q0jc1.jpg?width=400&format=pjpg&auto=webp&s=fbcbab5783198d3600a3940a101fe1f9a529819b VANCOUVER, BC , Feb. 8, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its Mineral Resource and Mineral Reserve estimates effective as of December 31, 2023 (or otherwise specified herein). On a 100% consolidated basis, the estimated Proven and Probable Mineral Reserve of contained copper is 10,630 kt (23.4 Blb) an increase of 2,220 kt (4.9 Blb) over the previous year. Lundin Mining also has significant Proven and Probable Mineral Reserves in other base and precious metals including 2,554 kt (5.6 Blb) of zinc, 51 kt (112 Mlb) of nickel, 12.0 Moz of gold, and 157.0 Moz of silver. https://preview.redd.it/zieov659q0jc1.png?width=720&format=png&auto=webp&s=222026b377b0233050042cfba92d279e1c804e70 Net revisions (increases/decreases) are primarily the result of changes to mining regulations that impacted underground geotechnical parameters at Candelaria and additions from exploration and resource input updates at Caserones. Jack Lundin , President and CEO, commented "This year, we grew our Mineral Reserve base through the strategic acquisition of Caserones, which contributed to an increase in our overall Proven and Probable copper Reserves by 26% on a 100% basis. Since the acquisition the Company has added an additional 350 kt of copper Proven and Probable Mineral Reserves at Caserones. We have also initiated the first significant exploration drill program at Caserones since the mine began operating in 2013 targeting Mineral Resources and mine life extension. At Candelaria, additional drilling at La Espanola and Santos contributed to an increase in overall Mineral Resources, offsetting changes to underground mining regulations which have impacted underground Mineral Resources. The additional drilling at the Sauva deposit in 2023 grew the Measured and Indicated copper Mineral Resources by 25%, Sauva now contains a Measured and Indicated Mineral Resource of 245 Mt at 0.29% copper and 0.17 g/t gold. We will continue to evaluate options for future processing, which might include, among other options, integrating this material into Chapada's processing facility. At Neves-Corvo and Zinkgruvan, infill drilling campaigns successfully replaced Mineral Reserve depletion from mining during the year." Mineral Resource and Mineral Reserve Highlights
The tables below summarize the Mineral Resource and Mineral Reserve estimates for each of the Company's sites effective as of December 31, 2023 on a 100% basis (or otherwise stated therein), important information is included in the notes following this news release. Table totals may not summate correctly due to rounding. Mineral Resources are inclusive of Mineral Reserves. For more information on the prior Mineral Resource and Mineral Reserve estimates for each of the Company's sites effective as of December 31, 2022 that are referred to herein please see the news release dated February 8, 2023 , which is available on the Company's SEDAR+ profile at www.sedarplus.com and on the Company's website at www.lundinmining.com https://preview.redd.it/hh4e5069q0jc1.png?width=720&format=png&auto=webp&s=5900fbee1eecc8f9a00c34bebcece17d85396783 https://preview.redd.it/uyt9y379q0jc1.png?width=720&format=png&auto=webp&s=3b418b06fd3536a5b6b78551e9e136b5ffd5969f https://preview.redd.it/swzva189q0jc1.png?width=720&format=png&auto=webp&s=e0390c01d9a59668130e0f508bfbd0d83df86246 About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina , Brazil , Chile , Portugal , Sweden and the United States of America , primarily producing copper, zinc, gold and nickel. The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on February 8, 2024 at 14:30 Pacific Time Cautionary Notes to Investors – Mineral Resource and Reserve Estimates In accordance with applicable Canadian securities laws, all Mineral Reserve and Mineral Resource estimates of the Company disclosed or referenced in this news release have been prepared in accordance with the disclosure standards of Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators ("NI 43-101"), and have been classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum's "Definition Standards for Mineral Resources and Reserves" (the "CIM Standards"). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Notes on Mineral Resource and Mineral Reserve Tables Mineral Resource and Mineral Reserve estimates are shown on a 100% basis. The Measured and Indicated Mineral Resource estimates are inclusive of those Mineral Resource estimates modified to produce the Mineral Reserve estimates. All estimates, with the exception of Josemaria are effective as at December 31, 2023 July 10, 2020 and the Mineral Reserve estimates are effective as at September 28, 2020. Reference herein to $ or USD is to United States dollars, CLP is to Chilean pesos, BRL is to Brazilian real, EUR refers to euros, and SEK is to Swedish kronor. Unless noted otherwise, Mineral Reserves for all active mines have been estimated using metal prices of $3.65 /lb copper, $1.15 /lb zinc, $0.90 /lb lead, $10.0 /lb nickel and $1,600 /oz gold, whereas Mineral Resources have been estimated using metal prices of $4.20 /lb copper and $1,840 /oz gold. Exchange rates used were EU USD 1.10 , USD/ SEK 9.00 , USD/ CLP 800 and USD/ BRL 5.00 for Mineral Reserve and Mineral Resource estimates. For the Josemaria Mineral Reserve, the metal prices used were $3.00 /lb copper, $1,500 /oz gold and $18.00 /oz silver. For a better understanding of each of the Company's deposits readers are encouraged to read the technical reports and other public disclosure of the Company, including all qualifications, assumptions, exclusions and risks that relate to the Mineral Resource and Mineral Reserve estimates. The technical reports are listed below, are intended to be read as a whole, and sections should not be read or relied upon out of context. Unless noted otherwise, the Mineral Resource and Mineral Reserve estimates were prepared under the supervision of and verified by Cole Mooney , P.Geo., Director, Resource Geology, and Arkadius Tarigan , P.Eng., former Director, Reserves and Mine Planning, respectively for all sites below. They have also reviewed, verified and approved the technical and scientific information in this news release. No limitations were imposed on their verification process. Both Messrs. Mooney and Tarigan are Qualified Persons as defined under NI 43-101. Candelaria and Ojos del Salado Candelaria and La Española open pit Mineral Resource estimates are reported within a conceptual pit shell with cut-off grades of 0.13% and 0.15% copper, respectively. Underground Mineral Resources are estimated at cut-off grades of 0.38% and 0.47% copper for Candelaria underground and Ojos del Salado, respectively. Mineral Reserves for the Candelaria open pit, Española open pit, and Candelaria underground are estimated at cut-off grades of 0.14%, 0.16% and 0.44% copper, respectively. Mineral Reserves for the Santos mine at Ojos del Salado is estimated at a cut-off grade of 0.51% copper. For further information on Candelaria, refer to the Technical Report entitled Technical Report for the Candelaria Copper Mining Complex, Atacama Region, Region III, Chile , dated February 22, 2023 , which is filed under the Company's profile on SEDAR+ at www.sedarplus.ca Caserones Caserones Mineral Resource estimates are reported within conceptual pit shell using a cut-off grade of 0.13% copper. Mineral Reserves for the Caserones open pit are estimated using open pit discard NSR cut-off values of $11.70 /t for ore processed at concentrating and $3.65 /t for ore delivered to the heap leach and SX/EW processing. For further information on Caserones, refer to the Technical Report entitled NI 43-101 Technical Report on the Caserones Mining Operation, Atacama Region, Chile , dated July 13, 2023 which is filed under the Company's profile on SEDAR+ at www.sedarplus.ca Chapada The Chapada and Suruca copper-gold Mineral Resource estimates are reported within a conceptual pit shell at an open pit discard NSR cut-off value of $5.80 /t. For the Suruca copper-gold, NSR cut-off value of $6.80 /t was used for oxide (heap leach) and sulphide portion, and $11.42 /t for oxide (carbon-in-leach). For the Suruca gold only Mineral Resource estimates, NSR cut-off values of $6.80 /t for oxides and $11.42 /t for mixed and sulphide were used. Mineral Reserves are estimated using open pit discard NSR cut-off values of $5.80 /t and $6.80 /t for the Chapada open pit and Suruca gold oxides respectively. For further information on Chapada, refer to the Technical Report entitled Technical Report on the Chapada Mine, Goiás State, Brazil , dated October 10, 2019 which is available on Lundin Mining's SEDAR+ profile atwww.sedarplus.ca. Eagle The Eagle Mineral Resource and Mineral Reserve estimates are reported using NSR cut-off values of $143.9 /t, $150.4 /t, $176.4 /t and $151.2 /t for Eagle, Upper Keel and Eagle East cut and fill and stope zones, respectively. The NSR is calculated on a recovered payable basis considering nickel, copper, cobalt, gold and PGM grades, metallurgical recoveries, prices and realization costs. Josemaria The Josemaria open pit Mineral Resource estimates are reported within a conceptual pit shell based on metal prices of $3.00 /lb copper, $1,500 /oz gold and $18.00 /oz silver with a cut-off grade of 0.10% copper. Mineral Reserve estimates for Josemaria are estimated at NSR cut-off values ranging from $5.16 /t to $5.22 /t, based on metallurgical unit. Mr. Dustin Smiley , P.Eng., Manager, Mine Engineering and Costing, Lundin Mining reviewed and verified the Mineral Reserves estimates for Josemaria project. For further information on Josemaria, refer to the Technical Report entitled NI 43-101 Technical Report, Feasibility Study for the Josemaria Copper-Gold Project, San Juan Province, Argentina dated November 5, 2020 , which is available on the Company's subsidiary, Josemaria Resources Inc.'s SEDAR+ profile at www.sedarplus.ca Neves-Corvo and Semblana The copper Mineral Resource estimates are reported within geological volumes based on a nominal cut-off grade of 1.0% copper and the zinc Mineral Resource estimates are reported within geological volumes based on a nominal zinc cut-off grade of 4.5% zinc. The copper and zinc Mineral Reserve estimates have been calculated using variable NSR values ranging from €49/t to €82/t based on mineralization, areas and mining methods. The NSR is calculated on a recovered payable basis considering copper, lead, zinc and silver grades, metallurgical recoveries, prices and realization costs. The Mineral Resources at Semblana are estimated above a cut-off grade of 1.0% copper. For further information on Neves-Corvo and Semblana, refer to the Technical Report entitled NI 43-101 Technical Repot on the Neves-Corvo Mine, Portugal , dated February 22, 2023 which is filed under the Company's profile on SEDAR+ at www.sedarplus.ca Saúva The Saúva open pit Mineral Resource estimates are reported within a conceptual pit shell with NSR cut-off value of $7.80 /t. Zinkgruvan The zinc and lead Mineral Resources are estimated within optimized stope volumes, using a 3.5 m minimum mining width, based on an area dependent marginal NSR cut-off between SEK 740 /t and SEK 920 /t. The copper Mineral Resource estimates are reported within optimized stope volumes above a cut-off NSR values ranging from SEK 800 /t to SEK 830 /t. The zinc and copper Mineral Reserves are estimated at NSR cut-off values ranging from SEK 950 /t to SEK 1,100 /t depending on the mineralization, areas and mining methods. The NSR is calculated on a recovered payable basis considering copper, lead, zinc and silver grades, metallurgical recoveries, prices and realization costs. Cautionary Statement in Forward-Looking Information Certain of the statements made and information contained herein is "forward-looking information" within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to statements regarding the Company's plans, prospects and business strategies; the Company's guidance on the timing and amount of future production and its expectations regarding the results of operations; expected costs; permitting requirements and timelines; timing and possible outcome of pending litigation; the results of any Preliminary Economic Assessment, Feasibility Study, or Mineral Resource and Mineral Reserve estimations, life of mine estimates, and mine and mine closure plans; anticipated market prices of metals, currency exchange rates, and interest rates; the development and implementation of the Company's Responsible Mining Management System; the Company's ability to comply with contractual and permitting or other regulatory requirements; anticipated exploration and development activities at the Company's projects; the Company's integration of acquisitions and any anticipated benefits thereof; and expectations for other economic, business, and/or competitive factors. Words such as "believe", "expect", "anticipate", "contemplate", "target", "plan", "goal", "aim", "intend", "continue", "budget", "estimate", "may", "will", "can", "could", "should", "schedule" and similar expressions identify forward-looking statements. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management, including that the Company can access financing, appropriate equipment and sufficient labour; assumed and future price of copper, nickel, zinc, gold and other metals; anticipated costs; ability to achieve goals; the prompt and effective integration of acquisitions; that the political environment in which the Company operates will continue to support the development and operation of mining projects; and assumptions related to the factors set forth below. While these factors and assumptions are considered reasonable by Lundin Mining as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, but are not limited to: global financial conditions, market volatility and inflation, including pricing and availability of key supplies and services; risks inherent in mining including but not limited to risks to the environment, industrial accidents, catastrophic equipment failures, unusual or unexpected geological formations or unstable ground conditions, and natural phenomena such as earthquakes, flooding or unusually severe weather; uninsurable risks; project financing risks, liquidity risks and limited financial resources; volatility and fluctuations in metal and commodity demand and prices; delays or the inability to obtain, retain or comply with permits; significant reliance on a single asset; reputation risks related to negative publicity with respect to the Company or the mining industry in general; health and safety risks; risks relating to the development of the Josemaria Project; inability to attract and retain highly skilled employees; risks associated with climate change; compliance with environmental, health and safety laws and regulations; unavailable or inaccessible infrastructure, infrastructure failures, and risks related to ageing infrastructure; risks inherent in and/or associated with operating in foreign countries and emerging markets, including with respect to foreign exchange and capital controls; economic, political and social instability and mining regime changes in the Company's operating jurisdictions, including but not limited to those related to permitting and approvals, environmental and tailings management, labour, trade relations, and transportation; risks relating to indebtedness; the inability to effectively compete in the industry; risks associated with acquisitions and related integration efforts, including the ability to achieve anticipated benefits, unanticipated difficulties or expenditures relating to integration and diversion of management time on integration; changing taxation regimes; risks related to mine closure activities, reclamation obligations, environmental liabilities and closed and historical sites; reliance on key personnel and reporting and oversight systems, as well as third parties and consultants in foreign jurisdictions; information technology and cybersecurity risks; risks associated with the estimation of Mineral Resources and Mineral Reserves and the geology, grade and continuity of mineral deposits including but not limited to models relating thereto; actual ore mined and/or metal recoveries varying from Mineral Resource and Mineral Reserve estimates, estimates of grade, tonnage, dilution, mine plans and metallurgical and other characteristics; ore processing efficiency; community and stakeholder opposition; financial projections, including estimates of future expenditures and cash costs, and estimates of future production may not be reliable; enforcing legal rights in foreign jurisdictions; environmental and regulatory risks associated with the structural stability of waste rock dumps or tailings storage facilities; activist shareholders and proxy solicitation matters; risks relating to dilution; regulatory investigations, enforcement, sanctions and/or related or other litigation; risks relating to payment of dividends; counterparty and customer concentration risks; the estimation of asset carrying values; risks associated with the use of derivatives; relationships with employees and contractors, and the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; conflicts of interest; existence of a significant shareholder; exchange rate fluctuations; challenges or defects in title; internal controls; compliance with foreign laws; potential for the allegation of fraud and corruption involving the Company, its customers, suppliers or employees, or the allegation of improper or discriminatory employment practices, or human rights violations; the threat associated with outbreaks of viruses and infectious diseases; risks relating to minor elements contained in concentrate products; and other risks and uncertainties, including but not limited to those described in the "Risk and Uncertainties" section of the Company's Annual Information Form and the "Managing Risks" section of the Company's MD&A for the year ended December 31, 2022 , which are available on SEDAR+ at [www.sedarplus.ca*](http://www.sedarplus.ca) under the Company's profile.* All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward ‐ looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law. Lundin Mining Announces 2023 Mineral Resource and Mineral Reserve Estimates (CNW Group/Lundin Mining Corporation) SOURCE Lundin Mining Corporation View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/08/c8686.html https://preview.redd.it/wx0lhs89q0jc1.png?width=4000&format=png&auto=webp&s=ff0f55399c5617fb61351df736542690558cd016
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2024.02.16 02:24 Then_Marionberry_259 FEB 06, 2024 NGEX.V NGEX RETAINS RENMARK FINANCIAL COMMUNICATIONS
 | https://preview.redd.it/ndj6t5dnnuic1.png?width=3500&format=png&auto=webp&s=ee14cdfe33b19533168a399f94cf57561bac8f9b submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Feb. 6, 2024 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx", "NGEx Minerals" or the "Company") is pleased to announce that it has retained the services of Renmark Financial Communications Inc. ("Renmark") to provide investor relations services to the Company (the "Services"). View PDF In consideration for the Services, and subject to approval by the TSX Venture, Renmark shall be paid up to C$9,000 per month, starting February 15, 2024 September 15, 2024 , and monthly thereafter. Renmark does not have any direct or indirect interest in NGEx, or its securities, nor any right or intent to acquire such an interest. About Renmark Financial Communications Inc. Founded in 1999, Renmark is a privately held full-service investor relations firm, located in Atlanta, New York , Toronto and Montreal North America , Renmark hosts a multitude of live streaming Virtual Non-Deal Roadshows across North America and Europe About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. Website: www.ngexminerals.com NGEX RETAINS RENMARK FINANCIAL COMMUNICATIONS (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/06/c4844.html https://preview.redd.it/pdfqrofnnuic1.png?width=4000&format=png&auto=webp&s=7573b73a23a9df39426f93a1ee1ac3ff9699933d
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2024.02.16 02:24 Then_Marionberry_259 FEB 14, 2024 NGEX.V NGEX OBTAINS CONDITIONAL APPROVAL TO GRADUATE TO THE TORONTO STOCK EXCHANGE
 | https://preview.redd.it/ptkdwrmmnuic1.png?width=3500&format=png&auto=webp&s=3a697e754c70fa6463cd9a9713e91089ecb5e1ea submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Feb. 14, 2024 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx", "NGEx Minerals" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange ("TSX") and graduate from the TSX Venture Exchange ("TSX-V"). View PDF (CNW Group/NGEx Minerals Ltd.) Final approval of the listing is subject to the Company meeting certain customary requirements of the TSX, including receipt of all required documentation. The Company will issue a news release once the TSX confirms the date when trading of NGEx's common shares is expected to commence on the TSX. Once listed on the TSX, the Company's common shares will be delisted from the TSX-V. Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or CUSIP for the common shares. About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding the listing of NGEx's common shares on the TSX and the delisting of NGEx's common shares on the TSX-V. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management with respect to the Company satisfying all requirements in order to obtain final approval of the TSX for the listing of the NGEx common shares on the TSX. Although the Company believes that these factors and expectations are reasonable as at the date of this document, in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include those risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at www.sedarplus.com under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2024/14/c1206.html https://preview.redd.it/xx85gspmnuic1.png?width=4000&format=png&auto=webp&s=e5936aca594101a07a44f6cbf9b023d9b0d48c2d
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2024.01.15 14:40 Then_Marionberry_259 JAN 14, 2024 LUN.TO LUNDIN MINING PROVIDES 2024 GUIDANCE & ANNOUNCES 2023 PRODUCTION RESULTS
 | https://preview.redd.it/0o1xnivqxlcc1.png?width=3500&format=png&auto=webp&s=477c3cc972c9dda45835409c8d6146bda2c4f5ad submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Jan. 14, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce production results for the year ended December 31, 2023 and provides production guidance for the three-year period of 2024 through 2026, as well as cash cost, capital and exploration expenditure forecasts for 2024. View PDF version Highlights
Jack Lundin , President and CEO, commented "2023 was a significant year for Lundin Mining and we are well positioned for growth in 2024. The 51% acquisition of Caserones led to a record in annual copper production. We have initiated comprehensive value optimization efforts across our Latin American sites. We are beginning to execute on some of these initiatives at Chapada and Candelaria and the kickoff of optimization work at Caserones will begin this quarter. An exciting exploration program has begun on both the Chilean and Argentinian side of the Vicuña district. We will look to drive value from the drill bit as this has proven to be a key contributor to the overall value creation at Lundin Mining. "Across our critical metals portfolio, the zinc expansion project at Neves Corvo, otherwise known as ZEP, is coming to fruition, leading to back-to-back quarterly record zinc production at this operation. At Zinkgruvan in 2023, improved recoveries from the sequential flotation project were achieved, however, a longer than anticipated ramp up resulted in a slight miss on guidance. Our nickel operation, Eagle, continues to perform and hit the upper end of guidance. "During the year, the cumulative result was over 550,000 tonnes of consolidated copper equivalent production. This year's guidance shows an increase of over 20% for copper production and 10% for zinc production over 2023. As we turn the page on a transformational year for the Company, our focus remains on achieving operational excellence by consistently maintaining elevated safety standards, all while meeting production guidance at competitive costs." Summary of 2023 Production https://preview.redd.it/ofnus8yqxlcc1.png?width=720&format=png&auto=webp&s=bf738c9fb494dbcd655cd7e4b1a922ced194681b https://preview.redd.it/o1n675zqxlcc1.png?width=720&format=png&auto=webp&s=79f0aedbd4266c4039f13a15d08059d7ce745ffa Three-Year Production Outlook 2024 - 2026
https://preview.redd.it/jqi2210rxlcc1.png?width=720&format=png&auto=webp&s=fecbadd671d06abecc90a11df9f23c7e45aa59cf https://preview.redd.it/mafkh01rxlcc1.png?width=720&format=png&auto=webp&s=48da772b6bb1a306ec37e9fc0f37182a961aa84b
Candelaria's 2024 copper and gold production are forecast to be weighted to the second half of the year, primarily owing to mine sequencing and the resultant grade profiles.
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2024.01.09 17:11 Then_Marionberry_259 JAN 08, 2024 NGEX.V NGEX DRILLS 62 METRES AT 6.98% COPPER EQUIVALENT AND 63 METRES AT 5.84% COPPER EQUIVALENT AT LUNAHUASI
 | https://preview.redd.it/8knmflccvfbc1.png?width=3500&format=png&auto=webp&s=ff103281cd497216fe6cc2e089e00f06dc0edd05 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Jan. 8, 2024 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx", "NGEx Minerals" or the "Company") is pleased to report the first set of drill results from the current program at the Lunahuasi Project located in the Vicuña District in San Juan Province, Argentina View PDF Highlights
Drilling is beginning to outline three main mineralized structures which are trending north-northwest and dipping steeply to the west. The two holes reported here are interpreted to have intersected the middle structure, which also includes the discovery intersection of 60.0m at 7.52% CuEq (5.65% Cu, 2.04 g/t Au, 44.0 g/t Ag) from hole DPDH002 drilled in our inaugural campaign last year. Relative to that intersection, the 62.0m interval reported from DPDH009 is 60m above and the 62.6m interval reported from DPDH010 is 87m to the southwest at the same elevation. The mineralized structures are comprised of "ledges" defined by zones of intense silicification, brecciation, stockwork and veins. Copper mineralization occurs primarily in enargite with lesser covellite as breccia fillings, disseminations, veinlets and massive pyrite-enargite veins up to several metres in width. Gold and silver values are notable throughout, including bonanza grades (e.g. gold up to 21.9 g/t and silver up to 1,490 g/t in hole DPDH009). All three structures remain open along strike in both directions and vertically to depth and to surface and the potential for discovery of parallel mineralized structures is excellent based on completed surface work. Table 1: Significant Intercepts https://preview.redd.it/fhp9jmfcvfbc1.png?width=720&format=png&auto=webp&s=53703b7c0abf862a2baca40fc0ca3c08a917c9df https://preview.redd.it/fj92hkgcvfbc1.jpg?width=400&format=pjpg&auto=webp&s=803d0858ee7eaa50daeba8305bc859337ab4ef36 Outlook for 2024 Drilling has restarted after a short holiday break with four rigs currently active. Holes DPDH001 through DPDH008 were completed and reported last season, and the first hole from the current season is DPDH009. A total of 15,000m is planned for the current program with 4,407m drilled to date. Three holes have been completed to date (DPDH009 to 582m , DPDH010 to 1,070m and DPDH011 to 419m ) and four holes are currently ongoing (DPDH012 at 704m , DPDH013 at 596m , DPDH014 at 965m and DPDH015 at 71m ). Assays have been received for 921m of the current program with the remainder pending. Assay results for completed holes will be released as they are received, analyzed, and confirmed by the Company. Table 2: Drill Hole Information https://preview.redd.it/gbe9lbhcvfbc1.png?width=720&format=png&auto=webp&s=fc97e54da29b6a8a5de3c2caaf9fdbef2e79e7cd Qualified Persons and Technical Notes The scientific and technical disclosure included in this news release have been reviewed and approved by Bob Carmichael , B.A.Sc., P.Eng. who is the Qualified Person as defined by NI 43-101. Mr. Carmichael is Vice President, Exploration for the Company. Samples were cut at NGEx's operations base in San Juan, Argentina by Company personnel. Diamond drill core was sampled in maximum 2-meter intervals, stopping at geological boundaries, using a rock saw. Core diameter is a mix of PQ, HQ and NQ depending on the depth of the drill hole. Samples were bagged and tagged and packaged for shipment by truck to the ALS preparation laboratory in Mendoza, Argentina where they were crushed and a 500g split was pulverized to 85% passing 200 mesh. The prepared sample splits were sent to the ALS assay laboratory in either Lima, Peru or Santiago, Chile for copper, gold and silver assays, and multi-element ICP. ALS is an accredited laboratory which is independent of the Company. Gold assays were by fire assay fusion with AAS finish on a 30g sample. Copper and silver were assayed by atomic absorption following a 4-acid digestion. Samples were also analyzed for a suite of 48 elements with ME-MS61 plus mercury. Copper and gold standards as well as blanks and duplicates (field, preparation and analysis) were randomly inserted into the sampling sequence for Quality Control. On average, 9% of the submitted samples are Quality Control samples. No data quality problems were indicated by the QA/QC program. Copper Equivalent for drill intersections is calculated based on US$3.00 /lb Cu, US$1,500 /oz Au and US$18 /oz Ag, with 80% metallurgical recoveries assumed for all metals. The formula is: CuEq % = Cu % + (0.7292 * Au g/t) + (0.0088 * Ag g/t). About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding: the nature and timing of the work to be undertaken to advance the Lunahuasi Project; the potential for the discovery of extensions of mineralized zones at the Lunahuasi Project; the results of exploration undertaken at new exploration targets identified at the Lunahuasi Project; the ability of the Company to complete the planned Lunahuasi program currently underway; and the timing and nature of the current and future exploration and/or drill programs. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management with respect to the nature, scope and timing of the work to be undertaken to advance the Lunahuasi Project. While the Company anticipates completing its planned program, it may encounter unexpected drilling and other challenges, costs, or delays that could prevent the Company from completing the program on the expected timeline or at all. Although the Company believes that these factors and expectations are reasonable as at the date of this document, in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, without limitation: the emergence or intensification of infectious diseases, such as COVID 19, and the risk that such an occurrence globally, or in the Company's operating jurisdictions and/or at its project sites in particular, could impact the Company's ability to carry out the program and could cause the program to be shut down; estimations of costs, and permitting time lines; ability to obtain environmental permits, surface rights and property interests in a timely manner; currency exchange rate fluctuations; requirements for additional capital; changes in the Company's share price; changes to government regulation of mining activities; environmental risks; unanticipated reclamation or remediation expenses; title disputes or claims; limitations on insurance coverage, fluctuations in the current price of and demand for commodities; material adverse changes in general business, government and economic conditions in Argentina ; the availability of financing if and when needed on reasonable terms; risks related to material labour disputes, accidents, or failure of plant or equipment; and other risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at [www.sedarplus.com*](http://www.sedarplus.com) under the Company's profile.* The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. NGEX DRILLS 62 METRES AT 6.98% COPPER EQUIVALENT AND 63 METRES AT 5.84% COPPER EQUIVALENT AT LUNAHUASI (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2024/08/c2223.html https://preview.redd.it/skgfkmlcvfbc1.png?width=4000&format=png&auto=webp&s=59eaff6bf4cc9efb4b3df9e4e0b5c634383c6367
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2023.12.21 17:05 Then_Marionberry_259 DEC 20, 2023 NGEX.V NGEX ANNOUNCES FILING OF LOS HELADOS AND LUNAHUASI TECHNICAL REPORT
 | https://preview.redd.it/tvrjnboz8o7c1.png?width=3500&format=png&auto=webp&s=828309210f5aefcc41a687584c09ba96aeb4d6f9 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Dec. 20, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx" or the "Company") announces that it has filed on SEDAR+ a technical report (the "Technical Report") in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") in respect of the updated Mineral Resource Estimate for the Los Helados Project located in the Vicuña District in Region III, Chile (see December 5, 2023 , news release). View PDF NGEX ANNOUNCES FILING OF LOS HELADOS AND LUNAHUASI TECHNICAL REPORT (CNW Group/NGEx Minerals Ltd.) The Technical Report is titled "Technical Report on the Los Helados and Lunahuasi Projects, Chile and Argentina " and is dated December 13, 2023 , with an effective date of October 31, 2023 December 5, 2023 , news release. The Technical Report was prepared for the Company by SLR Consulting ( Canada ) Ltd. A copy of the Technical Report is also available on the Company's website. Qualified Persons The Qualified Persons for the Technical Report are Mr. Luke Evans , M.Sc., P.Eng., Global Technical Director, Geology Group Leader of SLR, and Dr. Giovanni Di-Prisco , Ph.D., P.Geo. About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2023/20/c6941.html https://preview.redd.it/eki5wgrz8o7c1.png?width=4000&format=png&auto=webp&s=9bad545a2e8c414f24c2fc81fab436e9ffd2409b
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2023.12.06 02:14 Then_Marionberry_259 DEC 05, 2023 NGEX.V NGEX ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE AT LOS HELADOS INCLUDING HIGH-GRADE FENIX AND ALICANTO ZONES; INDICATED MINERAL RESOURCES EXCEED 2.0 BILLION TONNES AT 0.51% COPPER EQUIVALENT
 | https://preview.redd.it/28zikt66sk4c1.png?width=3500&format=png&auto=webp&s=07771a7d514724debf24dc967033bdf637fe4065 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Dec. 5, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx" or the "Company") is pleased to announce an updated Mineral Resource Estimate ("MRE" or the "Resource") for the Los Helados Project ("Los Helados" or the "Project") located in the Vicuña District in Region III, Chile , approximately 17 kilometres from the operating Caserones mine. View PDF Highlights
"Although the Company's current exploration efforts are focused on the Lunahuasi project, we continue to be very excited about the exploration upside at Los Helados. The Fenix and Alicanto zones remain open for expansion and new mapping and geophysical surveys conducted earlier this year successfully defined new exploration targets with geological and geophysical signatures similar to the Fenix and Alicanto zones to be tested in the future." Mineral Resource Estimate The MRE is reported with an effective date of October 31, 2023 , in Table 1. Table 1: Los Helados Mineral Resource Estimate Summary and Cut-Off Grade Sensitivity https://preview.redd.it/pornv4b6sk4c1.png?width=720&format=png&auto=webp&s=5d1067a8e8cfe1a9c3463cab9dc4b8f629eed49c https://preview.redd.it/02rj4ef6sk4c1.png?width=720&format=png&auto=webp&s=4d1d476d70a1d6fd67f5476cc11c6ba1b4de375f The MRE incorporates results from 21 new drill holes from the 2021/2022 and 2022/2023 seasons, as well as two geotechnical holes which were not sampled until 2021. In addition, the MRE is based on a new geological modeling approach and a newly improved dyke model, all of which contribute to increased confidence in the estimation at Los Helados. As shown in Table 2, the Indicated Resource copper grade has increased by 6%, and contained copper metal has increased by 5%. The differences between the 2019 and 2023 Mineral Resource Estimates are primarily due to: (a) inclusion of the Fenix zone at depth; (b) the exclusion of near or below cut-off grade material within the mineralized zone through the improved geological modeling and estimation approaches; and (c) the conversion of previously Inferred higher-grade material through the inclusion of 2021/2022 and 2022/2023 in-fill drilling data. Tonnage has increased in the Inferred Resources category due to inclusion of additional mineralization discovered by the recent drilling. Table 2: Comparison of 2023 and 2019 Mineral Resource Estimates October 2023 Mineral Resource Estimate at 0.33% CuEq Cut-Off Grade https://preview.redd.it/enahwjl6sk4c1.png?width=720&format=png&auto=webp&s=a362c4ff01768654d07e88684741dacbe4017cf2 https://preview.redd.it/dyetxlt6sk4c1.png?width=720&format=png&auto=webp&s=cac69377d8c522af670c1d506c3498e542b6d258 https://preview.redd.it/o3fqyo17sk4c1.png?width=720&format=png&auto=webp&s=dbad64a7ce8678edf13b296721e2009f217e5972 Geological Model Update The Los Helados MRE is based on an interpreted breccia body emplaced within the local country rock. The breccia hosts three internal higher-grade zones: Condor, Fenix, and Alicanto. A series of steep, sub-parallel dykes are found cross cutting both the breccia and higher-grade zones. The dykes appear to terminate relatively close to the breccia boundary. Three-dimensional views of this geological interpretation are shown in Figure 1 and Figure 2. The mineralization model was created in Leapfrog Geo 2023.1 by NGEx geologists and refined by SLR Consulting ( Canada ) Ltd. ("SLR"). The breccia was modeled using interpreted contacts drawn onto level plans by the site project geologists. Higher-grade mineralized zones (Condor, Fenix, and Alicanto) were modeled within the breccia at a modeling threshold of approximately 0.5% Cu. The breccia has a footprint of approximately 1,000 metres ("m") by 650 m at its widest with a vertical extension of 1,600 m A broad lithology model (Figure 3) was created by NGEx geologists to define the host rocks in more detail: granite, andesite, and porphyries. This lithology model was used to designate bulk density values to the block model. https://preview.redd.it/7pva4t97sk4c1.jpg?width=400&format=pjpg&auto=webp&s=59efe5fd61b4e6774b0cd10079a130e30130123e https://preview.redd.it/zvfyn4g7sk4c1.jpg?width=400&format=pjpg&auto=webp&s=a372daa3e945cbf3775df06f82fbe7ffedb51d04 https://preview.redd.it/00i558o7sk4c1.jpg?width=400&format=pjpg&auto=webp&s=091a1378e0876097db0c550d5727f6c5a7c3059b Data Verification The data used in this Mineral Resource Estimate is supported by industry standard Quality Assurance and Quality Control ("QA/QC") procedures, such as the insertion of certified standards and blanks into the sample stream and the utilization of certified independent analytical laboratories for all assays. No significant QA/QC issues were discovered during review of the data. All geological data used in the Mineral Resource Estimate was reviewed and verified by Luke Evans , M.Sc., P.Eng. (SLR Global Technical Director, Geology Group Leader). Mr. Evans visited the Los Helados project from September 18 to 22, 2023 All aspects that could materially impact the integrity of the data informing the Mineral Resource Estimate for Los Helados were reviewed by SLR, including outcrop inspection, core logging, sampling methods and security, analytical and QA/QC procedures, and database management. SLR was given full access to relevant data and conducted interviews with NGEx personnel to obtain information on exploration work and to understand the procedures used to collect, record, store, and analyze historical and current exploration data. Mineral Resource Estimation Methodology The updated MRE was completed by SLR using the database provided by NGEx. The MRE was prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves dated May 10, 2014 (CIM (2014) definitions) as incorporated by reference into NI 43-101. The updated MRE is based on results from 106 drill holes totaling 93,750 m of drilling, including 23 new surface diamond drill holes totaling 23,014 m drilled since the previous MRE was completed in 2019. The Los Helados estimate is based on an interpreted breccia body emplaced within the local country rock. The breccia hosts three internal higher-grade zones: Condor, Fenix, and Alicanto. The mineralization model was created in Leapfrog Geo 2023.1 by NGEx geologists and refined by SLR. The block model and MRE were completed in Leapfrog Edge software. A parent block size used was 20 m x 20 m x 20 m , with sub-blocking to 2.5 m x 2.5 m x 2.5 m https://preview.redd.it/ks8qbbw7sk4c1.jpg?width=400&format=pjpg&auto=webp&s=1b5eb147aff1ef832ec645dea32069b4a96c258b https://preview.redd.it/iqhv6g48sk4c1.jpg?width=400&format=pjpg&auto=webp&s=9f716ea2af4ed05c99312bb02299d14db83e1355 Mineral Resources were classified into Indicated and Inferred categories using a combination of drill hole spacing and confidence in the continuity of mineralization. Drill hole spacings, using a minimum of three drill holes, of up to approximately 150 m for Indicated and up to approximately 300 m for Inferred have been used to support the classification (Figure 6). To meet the RPEEE requirement for Mineral Resources, an underground bulk mining scenario was considered. A series of block cave mining shapes were prepared at different cut-off grades to constrain the block model for Mineral Resource reporting purposes (Figure 7). https://preview.redd.it/84gqpkc8sk4c1.jpg?width=400&format=pjpg&auto=webp&s=079a6dd8db18ec97243ebbcd8e9c521e5c3d7f1b https://preview.redd.it/6bm8ari8sk4c1.jpg?width=400&format=pjpg&auto=webp&s=3d09c42a086c9360a0026d355b7a391db26b11a3 Technical Report A NI 43-101 Technical Report associated with the MRE prepared by SLR will be filed on SEDAR+ within 45 days of this news release and will be available at that time on the NGEx website. Qualified Persons The technical and scientific information in this news release has been reviewed and approved by Bob Carmichael , B.A.Sc., P.Eng., who is a Qualified Person as defined by NI 43-101. Mr. Carmichael is the Vice President, Exploration of the Company and is not independent of the Company under NI 43-101. The updated Mineral Resource Estimate disclosed in this news release was prepared by Mr. Luke Evans , M.Sc., P.Eng., Global Technical Director, Geology Group Leader of SLR. Mr. Evans, who is an independent Qualified Person as defined under NI 43-101, has reviewed and approved the Mineral Resource Estimate and the technical information pertaining to it contained in this news release. About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Caserones mine, and the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados project, subject to a Joint Exploration Agreement with Nippon Caserones Resources LLC, which is the indirect 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding: the Mineral Resource estimate for the Los Helados Project, including the methodology and geological model in support thereof; the timing of completion and filing of a National Instrument 43-101 technical report related to the Los Helados Project; the size and composition of the mineral deposit at the Los Helados Project; the exploration potential of the Los Helados Project; the nature and timing of the work to be undertaken to advance the Los Helados Project; the timing and nature of the current and future drill programs; and the future operating performance of the Company. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management regarding the nature, scope and timing of the work to be undertaken to advance the Los Helados Project, the absence of adverse conditions at the Company's mineral properties; no unforeseen operational delays; no material delays in obtaining necessary permits; metal prices remaining at levels that render mineral properties economic; the Company's ability to continue raising necessary capital to finance operations; and the ability to realize on the Mineral Resource estimates at the Company's properties. Although the Company believes that these factors and expectations are reasonable as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, without limitation: the timing and outcome of future work programs at Los Helados, if any, including, but not limited to, unanticipated Mineral Reserve or Resource grades or metallurgical recoveries; the ongoing COVID 19 pandemic and the risk that an intensification of the pandemic or an outbreak at the project could impact the Company's ability to carry out work programs, estimations of costs, and permitting time lines; ability to obtain environmental permits, surface rights and property interests in a timely manner; currency exchange rate fluctuations; requirements for additional capital; changes in the Company's share price; changes to government regulation of mining activities; environmental risks; unanticipated reclamation or remediation expenses; title disputes or claims; limitations on insurance coverage, fluctuations in the current price of and demand for commodities; material adverse changes in general business, government and economic conditions in Chile ; the availability of financing if and when needed on reasonable terms; risks related to material labour disputes, accidents, or failure of plant or equipment; and other risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at [www.sedarplus.com*](http://www.sedarplus.com) under the Company's profile.* The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. NGEX ANNOUNCES UPDATED MINERAL RESOURCE ESTIMATE AT LOS HELADOS INCLUDING HIGH-GRADE FENIX AND ALICANTO ZONES; INDICATED MINERAL RESOURCES EXCEED 2.0 BILLION TONNES AT 0.51% COPPER EQUIVALENT (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2023/05/c7314.html https://preview.redd.it/h39dsuq8sk4c1.png?width=4000&format=png&auto=webp&s=4ecbfe066314c0e56d141b09a86dc073918de5a7
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2023.11.14 16:55 Then_Marionberry_259 NOV 14, 2023 NGEX.V VICUÑA DISTRICT EXPLORATION TEAM TO RECEIVE THAYER LINDSLEY AWARD FOR BEST GLOBAL DISCOVERY
 | https://preview.redd.it/c203lugd5c0c1.png?width=3500&format=png&auto=webp&s=8a72caf3af40abd0925333b34a5a86def16ac79b submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Nov. 14, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx" or the "Company") is pleased to announce that the Lundin Group Vicuña Exploration Team, which includes Wojtek Wodzicki , NGEx's CEO, Bob Carmichael , NGEx's Vice President of Exploration, and Martin Rode , NGEx's South America General Manager, has been selected by the Prospectors & Developers Association of Canada ("PDAC") to receive the 2024 Thayer Lindsley Award for the discovery of the Vicuña copper-gold-silver district in the Central Andean copper province in Argentina and Chile View PDF The prestigious award recognizes an individual or team of explorationists credited with a recent significant mineral discovery globally and will be presented during the annual PDAC Convention on March 5 , 2024. The award honours the memory of Thayer Lindsley , one of the most accomplished mine finders of the past century and who was inducted into the Canadian Mining Hall of Fame in 1989. Throughout Mr. Lindsley's long and extraordinary career, he either founded or was involved in the development of many famous Canadian mining companies. Wojtek Wodzicki , President and CEO, commented, "We are very honoured to receive such a prestigious award recognizing the efforts and success of our exploration team. The discovery of the Vicuña copper-gold-silver district has taken many years of perseverance, entrepreneurial spirit, and the collaborative efforts of very talented geologists with deep knowledge of grassroots exploration in the Central Andes. This is a proud achievement for our company, the Lundin Group, and for all of the Lundin Group geologists who have worked on this district over the years. I would like to thank everyone on our team who has contributed to this remarkable exploration success. Despite being active in the district for over 20 years and having already discovered three significant deposits, the discovery of the high-grade Lunahuasi prospect by NGEx earlier this year demonstrates the potential for additional world-class discoveries in the Vicuña District." Vicu ña District Discovery History The discovery of the Vicuña District is a story of successful long-term exploration that has led to four of the most significant grass roots copper-gold-silver discoveries of the last 20 years. Many years of patient and systematic exploration by the Lundin Group's Vicuña Exploration Team has resulted in the discovery of an entirely new district that includes four major porphyry copper-gold-silver systems held by Lundin Group companies including Filo del Sol (TSX: FIL), Josemaria (TSX: LUN), Los Helados (TSX-V: NGEX), and Lunahuasi (TSX-V: NGEX). A recent summary presentation on the Vicuña District is available on the Lundin Group website at: https://thelundingroup.com/site/assets/files/10187/lundingroup_vicuna2023.pdf About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Josemaria and Filo del Sol deposits. NGEx Minerals owns 100% of Lunahuasi and is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration Agreement with Nippon Caserones Resources Co., Ltd. which is the 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com or on the Company's website at www.ngexminerals.com Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. The Company believes that the expectations reflected in the forward-looking information included in this news release are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. In particular, this press release contains forward-looking information pertaining to the discovery of the high-grade Lunahuasi prospect and potential for additional discoveries in the Vicuña District. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. VICUÑA DISTRICT EXPLORATION TEAM TO RECEIVE THAYER LINDSLEY AWARD FOR BEST GLOBAL DISCOVERY (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2023/14/c8359.html https://preview.redd.it/57zza3kd5c0c1.png?width=4000&format=png&auto=webp&s=abfbd7521443631cda9e5c1e2549985c60cee789
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2023.11.06 16:50 Groundbreaking-Egg13 Another drawing made by my friend! (He only has Discord)
 | Miguel (Me) : So you ended up here in Sequin Land just like me, Omar? submitted by Groundbreaking-Egg13 to Shantae [link] [comments] Omar: Yes, in fact, I ended up here with Juan and Alex, but they didn't join me in Mermaid Falls. I just hope they're not in danger, wherever they are. Juan and Alex : |
2023.11.02 17:59 Then_Marionberry_259 NOV 01, 2023 LUN.TO LUNDIN MINING THIRD QUARTER 2023 RESULTS
 | https://preview.redd.it/kflqw61rtyxb1.png?width=3500&format=png&auto=webp&s=8c8f68e00e353d6a7d7c71e0329d935e8d4195f2 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] https://preview.redd.it/kg3k6l3rtyxb1.jpg?width=400&format=pjpg&auto=webp&s=6e4cfb658ec5584a93c1620dab0afb28dc688daf VANCOUVER, BC , Nov. 1, 2023 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported its third quarter 2023 financial results. "Our operations continued with a strong performance in the third quarter. As a result, we are increasing our production guidance for Caserones and Eagle. The acquisition of Caserones enabled us to achieve a new record in quarterly consolidated copper production, and we also achieved a record in quarterly zinc production. This led the Company to an adjusted EBITDA of $415 million for the period." commented Peter Rockandel , CEO. Mr. Rockandel added, "During the integration process of Caserones, our team has identified and outlined synergies between Caserones and Candelaria, which are expected to yield initial annual savings of $20 to $30 million per year. We are excited about launching the largest exploration program at Caserones since production commenced, targeting resource extensions and near-mine discoveries. The corporate office move to Vancouver is complete and all senior executive positions are in place. As we approach 2024, Lundin Mining is strategically, operationally, and financially, in a strong position to continue to deliver on our plans and execute on the next phase of growth. On a personal note, as this is my last quarter as CEO, I would like to thank all our employees, partners and stakeholders for their dedication, hard work and support, all of which have been integral to our current and future success. I am extremely proud of what the team has been able to accomplish during my tenure as CEO." Third Quarter Highlights
Summary Financial Results https://preview.redd.it/4602f3crtyxb1.png?width=720&format=png&auto=webp&s=213f024babdf72101cd07eed000bd000e0f8aa7b https://preview.redd.it/q6lwkbgrtyxb1.png?width=720&format=png&auto=webp&s=539bf6249c95bc548829d21cde56c63b15096f96 Quarter Ended September 30, 2023
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2023.10.17 16:59 Then_Marionberry_259 OCT 17, 2023 NGEX.V NGEX KICKS OFF NEW DRILL SEASON AT LUNAHUASI
 | https://preview.redd.it/hln9l4uu1sub1.png?width=3500&format=png&auto=webp&s=6a13ffe8964eb941068b7379712a20dae529a0a0 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Oct. 17, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals" or the "Company") is pleased to announce that drilling has resumed at its 100%-owned Lunahuasi property located in San Juan, Argentina , kicking off the highly anticipated 2023/2024 field campaign following the high-grade discovery made earlier this year. Lunahuasi lies at the heart of the Vicuña District, eight kilometres west of Lundin Mining's Josemaria project, and along the same major regional structure that controls both NGEx's Los Helados deposit located nine kilometres to the north and Filo's Filo del Sol project located six kilometres to the south. View PDF Wojtek Wodzicki , President and CEO, commented, "We are very excited to start our second drill season at Lunahuasi. Our maiden drill program completed earlier this year yielded outstanding results with an impressive new high-grade discovery that included the highest copper, gold and silver grades drilled to date in the Vicuña District. Despite having only tested a very small part of the overall property, we have already discovered significant high-grade mineralization. With 43 individual high-grade copper, gold and silver intersections in our first six holes and over 850 vertical metres of mineralization, we are excited about the potential scale of this robust system. Having recently completed an oversubscribed private placement financing of C$85.7 million , we are fully funded to execute our current plan and have flexibility to expand the program if warranted." The new drill program has commenced with two drill rigs, with another two drill rigs to be added later this month. Initial results are expected toward the end of Q4 2023, but exact timing will depend on drilling rates and assay turn-around times. The initial plan is for approximately 15,000 metres of drilling, more than triple the number of metres drilled in the maiden program completed earlier this year, with optionality to expand the program to follow-up encouraging results. The initial drill holes are intended to define and expand the zone of high-grade mineralization intersected earlier this year which included 60.0m at 7.52% CuEq (5.65% Cu, 2.04 g/t Au, 44.0 g/t Ag) from 212.0m in DPDH002 (see news release dated April 4, 2023 ) and 90m at 4.05% CuEq (2.05% Cu, 2.46 g/t Au, 23.2 g/t Ag) from 74.0m in DPDH007 (see news release dated July 4, 2023 ). As the exploration program progresses and additional targeting work is completed, we expect to drill test other high potential targets including zones of outcropping high-grade mineralization within the broader 11 square kilometre alteration system. About NGEx Minerals NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of the Lunahuasi copper-gold-silver project in San Juan Province, Argentina , and the nearby Los Helados copper-gold project located approximately nine kilometres northeast in Chile's Region III. Both projects are located within the Vicuña District, which includes the Josemaria and Filo del Sol deposits. NGEx Minerals is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration Agreement with Nippon Caserones Resources Co., Ltd. Which is the 49% owner of the operating Caserones open pit copper mine located approximately 17 kilometres north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSX Venture Exchange under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. On behalf of NGEx Minerals, Wojtek Wodzicki , President and CEO Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.com or on the Company's website at www.ngexminerals.com Qualified Persons and Technical Notes The scientific and technical disclosure included in this news release have been reviewed and approved by Bob Carmichael , B.A.Sc., P.Eng. who is the Qualified Person as defined by NI 43-101. Mr. Carmichael is Vice President, Exploration for the Company. Copper Equivalent (CuEq) for drill intersections is calculated based on US$3.00 /lb Cu, US$1,500 /oz Au and US$18 /oz Ag, with 80% metallurgical recoveries assumed for all metals. The formula is: CuEq % = Cu % + (0.7292 * Au g/t) + (0.0088 * Ag g/t). Additional Information Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding: the nature and timing of the work to be undertaken to advance the Lunahuasi Project and the potential for the discovery of extensions of mineralized zones and new exploration targets; the ability of the Company to complete the planned program; the ability of the current drill program to extend the mineralization discovered to date, the timing and nature of the current and future drill programs; Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "targets", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management the nature, scope and timing of the work to be undertaken to advance the Lunahuasi Project. While the Company anticipates to complete its planned program, it may encounter unexpected drilling and other challenges, costs, or delays that could prevent the Company from completing the program on the expected timeline or at all. Although the Company believes that these factors and expectations are reasonable as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, without limitation: the ongoing COVID 19 pandemic and the risk that an intensification of the pandemic or an outbreak at the project could impact the company's ability to carry out the program and could cause the program to be shut down, estimations of costs, and permitting time lines; ability to obtain environmental permits, surface rights and property interests in a timely manner; currency exchange rate fluctuations; requirements for additional capital; changes in the Company's share price; changes to government regulation of mining activities; environmental risks; unanticipated reclamation or remediation expenses; title disputes or claims; limitations on insurance coverage, fluctuations in the current price of and demand for commodities; material adverse changes in general business, government and economic conditions in Argentina ; the availability of financing if and when needed on reasonable terms; risks related to material labour disputes, accidents, or failure of plant or equipment; and other risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR+ at www.sedarplus.com under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. Follow Us X: https://twitter.com/ngex_minerals LinkedIn: https://www.linkedin.com/company/ngex-minerals-ltd/ NGEX KICKS OFF NEW DRILL SEASON AT LUNAHUASI (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2023/17/c4761.html https://preview.redd.it/dmchv7xu1sub1.png?width=4000&format=png&auto=webp&s=d352d6d39ada01f652143c8251aeb43935d13a29
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2023.10.03 01:44 Then_Marionberry_259 OCT 02, 2023 LUN.TO LUNDIN MINING ANNOUNCES CEO SUCCESSION
 | https://preview.redd.it/ei24s7dvlvrb1.png?width=3500&format=png&auto=webp&s=2493f539e9981e5ec777b6a9f0458514321be760 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] https://preview.redd.it/c7u5wjhvlvrb1.jpg?width=400&format=pjpg&auto=webp&s=39727a812822e78b567330b575435f27333e0926 VANCOUVER, BC , Oct. 2, 2023 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announced today the Company's Chief Executive Officer, Peter Rockandel , has informed the Board of Directors he will be stepping down as of December 31, 2023 The role of President and Chief Executive Officer will be assumed by Jack Lundin , current President and former Director of the Company. Jack Lundin will rejoin the Board of Directors as of January 1, 2024 Chile and the advancement of its portfolio of growth projects. Adam Lundin , Chair of Lundin Mining's Board of Directors stated, "During the last two years, under Peter's leadership, we have acquired a cornerstone asset in Caserones and successfully moved our corporate headquarters to Vancouver Mr. Rockandel joined Lundin Mining in 2018 and served as Senior Vice President of Corporate Development and Investor Relations, before being appointed CEO in 2021. Mr. Rockandel will continue to act as an advisor to the Company but will step down from the Board of Directors as of December 31, 2023 Mr. Rockandel commented, "I would like to thank the Board of Directors for the opportunity to lead Lundin Mining and I am extremely proud of what the team has been able to accomplish. It has been a pleasure working closely with Jack and I look forward to seeing him and the team progress the strategy we have put in place. Our assets are operating well, and we have been able to add considerable growth to our production profile. The move to Vancouver has been completed and all senior executive positions are in place to take the Company through the next phase of growth." Prior to joining Lundin Mining, Jack Lundin was involved with several different companies within the Lundin Group. Most notably, at Lundin Gold he was involved in the highly successful construction and operation of the Fruta del Norte Gold Mine in southern Ecuador Chapman University and a Master of Engineering degree in Mineral Resource Engineering from the University of Arizona University of Arizona's School of Mining and Mineral Resources. About Lundin Mining Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina , Brazil , Chile , Portugal , Sweden and the United States of America , primarily producing copper, zinc, gold and nickel. The information in this release is subject to the disclosure requirements of Lundin Mining under the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below on October 2, 2023 , at 14:30 Pacific Time Lundin Mining Announces CEO Succession (CNW Group/Lundin Mining Corporation) SOURCE Lundin Mining Corporation View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2023/02/c7159.html https://preview.redd.it/p65kernvlvrb1.png?width=4000&format=png&auto=webp&s=5bf4855a5e8583885261052436285b96c9fd2787
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2023.09.06 19:46 Then_Marionberry_259 SEP 06, 2023 NGEX.V NGEX MINERALS ANNOUNCES EXECUTIVE APPOINTMENT
 | https://preview.redd.it/kj5s9k7caomb1.png?width=3500&format=png&auto=webp&s=d926ab25d94d11206dca3004949727aeb3752f55 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Sept. 6, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals" or the "Company") is pleased to announce the appointment of Mr. Brent Bonney as Vice President, Corporate Development & Investor Relations, effective September 5, 2023 PDF Version Commenting on the appointment, Wojtek Wodzicki , President and CEO remarked, " We are excited to have Brent join the leadership team at NGEx Minerals, where he brings a wealth of experience with capital markets and corporate development. Brent's skillset is a welcome and complementary addition to the Company following our recent period of rapid growth." Mr. Bonney was previously the Vice President of Corporate Development for Maverix Metals Inc. ("Maverix"), a precious-metals focused royalty company that was acquired by Triple Flag Precious Metals Corp. in 2023. Prior to Maverix, Mr. Bonney was a member of the investment banking group with Scotiabank Global Banking and Markets for 10 years, specializing in the metals and mining sector. While in investment banking, Mr. Bonney assisted clients in assessing and executing on various strategic initiatives including mergers and acquisitions, asset divestitures, strategic investments, as well as equity and debt financing. Mr. Bonney holds a Bachelor of Commerce (Honours) in Finance from the University of British Columbia Concurrent with the appointment and in accordance with the Company's stock option plan, NGEx Minerals has granted 75,000 incentive stock options to Mr. Bonney on September 5, 2023 C$6.36 per share. ABOUT NGEX MINERALS NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of its Los Helados copper-gold project located in Chile's Region III and the nearby Lunahuasi copper-gold-silver project located approximately 12 kilometres to the southwest in San Juan Province, Argentina NGEx Minerals is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration Agreement with Nippon Caserones Resources Co., Ltd. which is the 49% owner of the Caserones open pit copper mine located approximately 15km north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSXV under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. On behalf of NGEx Minerals, Wojtek Wodzicki , President and CEO Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca or on the Company's website at www.NGExminerals.com ADDITIONAL INFORMATION Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. PDF (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2023/06/c1447.html https://preview.redd.it/sby0goccaomb1.png?width=4000&format=png&auto=webp&s=36f187a5541a58d79ad10c61726a03d5adf35261
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2023.08.29 03:12 Then_Marionberry_259 AUG 28, 2023 NGEX.V NGEX MINERALS ANNOUNCES GRANT OF STOCK OPTIONS
 | https://preview.redd.it/ouhotr5q9ykb1.png?width=3500&format=png&auto=webp&s=a7f6edd2d3760c180687c8aa7e2d2440c8786028 submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER, BC , Aug. 28, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals" or the "Company") is pleased to announce that in accordance with its stock option plan, the Company has granted a total of 1,425,000 incentive stock options to certain officers, employees, and other eligible persons of the Company. The stock options are exercisable, subject to vesting provisions, over a period of five years at an exercise price of C$6.20 per share. PDF Version ABOUT NGEX MINERALS NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of its Los Helados copper-gold project located in Chile's Region III and the nearby Lunahuasi copper-gold-silver project located approximately 12 kilometres to the southwest in San Juan Province, Argentina NGEx Minerals is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration Agreement with Nippon Caserones Resources Co., Ltd. which is the 49% owner of the Caserones open pit copper mine located approximately 15km north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSXV under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. On behalf of NGEx Minerals, Wojtek Wodzicki , President and CEO Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca or on the Company's website at www.NGExminerals.com ADDITIONAL INFORMATION Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. The information contained in this news release was accurate at the time of dissemination but may be superseded by subsequent news release(s). The Company is under no obligation, nor does it intend to update or revise the forward-looking information, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. NGEx Minerals Announces Grant of Stock Options (CNW Group/NGEx Minerals Ltd.) SOURCE NGEx Minerals Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2023/28/c0251.html https://preview.redd.it/e1derx8q9ykb1.png?width=4000&format=png&auto=webp&s=530918f45360ae669423eda689f6960175f0f052
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2023.08.27 01:26 CaptainArren New pick-ups: my first Four Horsemen and Spero AWOK figures. Gotta say I'm impressed. AWOK is top notch, the Cosmic Legion is underwhelming with articulation but hot damn that sculpt is next level.
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2023.08.25 14:34 Then_Marionberry_259 AUG 24, 2023 NGEX.V NGEX MINERALS REPORTS Q2 2023 RESULTS; MAJOR DISCOVERY AT LUNAHUASI; NOW FULLY FINANCED FOR 2023-2024 FIELD SEASON
 | https://preview.redd.it/3qzihjen39kb1.png?width=3500&format=png&auto=webp&s=10f8b8747b49ef51f351f7c7cb581a0341cd29eb submitted by Then_Marionberry_259 to Treaty_Creek [link] [comments] VANCOUVER. BC , Aug. 24, 2023 /CNW/ - NGEx Minerals Ltd. (TSXV: NGEX) ("NGEx Minerals" "NGEx" or the "Company") is pleased to report its results for the three and six months ended June 30, 2023 PDF version Wojtek Wodzicki , President and CEO remarked, " NGEx continued its strong performance during the second quarter and concluded the most successful exploration season in the Company's history by making a major new high-grade copper-gold-silver discovery at the Lunahuasi Project. Initial drill testing of a small portion of the 11 km 2 Lunahuasi alteration zone has returned some of the highest grades seen in the Vicuña District to date and we are looking forward to testing the rest of the system in the upcoming field season. Earlier this month, we closed an oversubscribed non-brokered private placement, which received overwhelming support from new and long-term shareholders. The upsized financing raised over $85 million in gross proceeds, which gives the Company significant flexibility to plan its exploration programs for the upcoming field season and beyond. NGEx has had remarkable exploration success in the first half of 2023, and now with funding in place we are eager to build on that success with a major new drill program at Lunahuasi that is expected to start early in the fourth quarter of 2023. " Q2 2023 AND SUBSEQUENT PERIOD HIGHLIGHTS
Drilling and Assay Results from the Company's 2022-2023 season's drill programs at Los Helados and Lunahuasi are summarized in Appendix 1 to this news release. Lunahuasi results are discussed in News Releases dated April 4, 2023 , and July 4, 2023 January 26, 2023 , April 13, 2023 , and July 28, 2023 OUTLOOK The Company is expecting its exploration efforts to focus on Lunahuasi over the upcoming field season and is currently finalizing plans for a significant drill program. This drill program will target extensions of the mineralized zones intersected in the first half of 2023 and will also test other targets identified within the broader 11 km 2 Lunahuasi alteration zone. Drilling is expected to resume in the fourth quarter of 2023 and continue into the first half of 2024. A more limited program at Los Helados will focus on updating the geological model to incorporate the recent drilling completed in the Condor, Fenix, and Alicanto Zones, and continued targeting work using the recently completed geophysical surveys and geological mapping to guide future exploration. A small reconnaissance mapping and sampling program to review earlier stage targets adjacent to Los Helados is also planned. FINANCIAL RESULTS https://preview.redd.it/v74sn5hn39kb1.png?width=720&format=png&auto=webp&s=4a44546c2ff0ea0c92e8514065dad4fb6a94cde3 https://preview.redd.it/r0mavzhn39kb1.png?width=720&format=png&auto=webp&s=cdfab9a548eec63a70a0dd842e791279f378a09d SELECTED FINANCIAL INFORMATION https://preview.redd.it/n5dh50jn39kb1.png?width=720&format=png&auto=webp&s=539de54412c53fd8146be827bc3c9c07a706033e https://preview.redd.it/a968hzjn39kb1.png?width=720&format=png&auto=webp&s=ae3cc0050e579b39da7cc6655eeb6a7989b6f55c The Company incurred a net loss of $9.7 million during the three months ended June 30, 2023 , comprised primarily of $10.9 million in exploration and project investigation costs and $1.2 million in G&A costs, which have been partially offset by a gain of approximately $2.2 million resulting from the use of marketable securities for the purposes of facilitating intragroup funding transfers. For the comparative 2022 period, the Company reported a net loss of $9.7 million , consisting primarily of $9.8 million in exploration and project investigation costs and $0.7 million in G&A costs, which were partially offset by a gain of approximately $0.8 million resulting from the use of marketable securities for the purposes of facilitating intragroup funding transfers. LIQUIDITY AND CAPITAL RESOURCES As at June 30, 2023 , the Company had cash of $5.0 million and a net working capital deficit of $2.7 million , compared to cash of $23.2 million and net working capital of $20.2 million as at December 31, 2022 June 30, 2023 , due to funds used in operations, including mineral property and surface access rights payments, and for general corporate purposes. The cash outflows for operations during the six months ended June 30, 2023 , were partially offset by gross receipts of $394,659 resulting from the exercise of stock options. Subsequent Private Placement On August 11, 2023 , the Company closed a non-brokered private placement, pursuant to which the Company sold an aggregate of 13,178,460 common shares at a price of $6.50 per common share, generating aggregate gross proceeds of $85.7 million (the "Financing"). A 5.0% finders' fee was paid in cash on a portion of the Financing upon closing. The common shares issued under the Financing are subject to a hold period expiring on December 12, 2023 The Company anticipates that it will deploy the majority of its treasury and capital resources, including the net proceeds resulting from the Financing, towards furthering exploration programs in Chile and Argentina , as well as for general corporate and working capital purposes. ABOUT NGEX MINERALS NGEx Minerals is a copper and gold exploration company based in Canada , focused on exploration of its Los Helados copper-gold project located in Chile's Region III and the nearby Lunahuasi copper-gold-silver project located approximately 12 kilometres to the southwest in San Juan Province, Argentina NGEx Minerals is the majority partner and operator for the Los Helados Project, subject to a Joint Exploration Agreement with Nippon Caserones Resources Co., Ltd. which is the 49% owner of the Caserones open pit copper mine located approximately 15km north of Los Helados. Lundin Mining Corporation holds the remaining 51% stake in Caserones. The Company is listed on the TSXV under the trading symbol "NGEX". NGEx Minerals is part of the Lundin Group of Companies. QUALIFIED PERSONS AND TECHNICAL NOTES The scientific and technical disclosure for the Los Helados Project included in this news release have been reviewed and approved by Bob Carmichael , B.A.Sc., P.Eng. who is the Qualified Person as defined by NI 43-101. Mr. Carmichael is Vice President, Exploration for the Company. Additional details on the drill results disclosed above can be found in the Company's press releases dated January 26, 2023 , April 4, 2023 , April 13, 2023 , July 4, 2023 and July 18, 2023 On behalf of NGEx Minerals, Wojtek Wodzicki , President and CEO Additional information relating to NGEx Minerals Ltd. may be obtained or viewed on the SEDAR+ website at www.sedarplus.ca or on the Company's website at www.ngexminerals.com Cautionary Note Regarding Forward-Looking Statements Certain statements made and information contained herein in the news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation (collectively, "forward-looking information"). All statements other than statements of historical facts included in this document constitute forward-looking information, including but not limited to, statements regarding: exploration and development plans and expenditures, including the size, scope, nature, timing and foci of the Company's future exploration programs, particularly at Los Helados and Lunahuasi; whether current interpretation of the exploration and/or drill results to date at Los Helados or Lunahuasi will be confirmed by future work, including statements regarding prospectivity of exploration properties, the accuracy of a geological model, the ability to extend and define of the Fenix, Alicanto and Condor Zones at Los Helados, or the scale, grade, or significance of the system that is the source of the high-grade mineralization intersected during the 2023 drill campaign at Lunahuasi, or the Company's ability to locate it; the expected results or success of exploration activities; the future uses of the Company's cash and working capital; the success of future exploration activities; potential for the discovery of new mineral deposits or expansion of existing mineral deposits; ability to build shareholder value; expectations with regard to adding to Mineral Resources through exploration; expectations with respect to the conversion of Inferred Resources to an Indicated Resource classification, or the conversion of Indicated Resources to a Measured Resource classification; and the ability to execute the planned work programs. Words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events, conditions or results "will", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotations thereof and similar expressions identify forward-looking information. Forward-looking information is necessarily based upon various estimates and assumptions including, without limitation, the expectations and beliefs of management as outlined above. Although the Company believes that these factors and expectations are reasonable as at the date of this document in light of management's experience and perception of current conditions and expected developments, these statements are inherently subject to significant business, economic and competitive uncertainties and contingencies. Known and unknown risks, uncertainties and other factors may cause actual results or events to differ materially from those anticipated in such forward-looking statements and undue reliance should not be placed on such statements and information. Such factors include, without limitation: the ongoing COVID 19 pandemic and the risk that an intensification of the pandemic or an outbreak at the project could impact the company's ability to carry out the program and could cause the program to be shut down, estimations of costs, and permitting time lines; ability to obtain environmental permits, surface rights and property interests in a timely manner; currency exchange rate fluctuations; requirements for additional capital; changes in the Company's share price; changes to government regulation of mining activities; environmental risks; unanticipated reclamation or remediation expenses; title disputes or claims; limitations on insurance coverage; assumptions that the Company will receive the permits required to drill at Valle Ancho in a timely manner, fluctuations in the current price of and demand for commodities; material adverse changes in general business and economic conditions in Chile ; the availability of financing if and when needed on reasonable terms; risks related to material labour disputes, accidents, or failure of plant or equipment; and other risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators which are available on SEDAR at www.sedar.com under the Company's profile. The forward-looking information contained in this news release is based on information available to the Company as at the date of this news release. Except as required under applicable securities legislation, the Company does not undertake any obligation to publicly update and/or revise any of the included forward-looking information, whether as a result of additional information, future events and/or otherwise. Forward-looking information is provided for the purpose of providing information about management's current expectations and plans and allowing investors and others to get a better understanding of the Company's operating environment. Although the Company has attempted to identify important factors that would cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. All the forward-looking information contained in this document is qualified by these cautionary statements. Readers are cautioned not to place undue reliance on forward-looking information due to the inherent uncertainty thereof. Cautionary Note to U.S. Readers Information concerning the mineral properties of the Company contained in this news release has been prepared in accordance with the requirements of Canadian securities laws, which differ in material respects from the requirements of securities laws of the United States applicable to U.S. companies subject to the reporting and disclosure requirements of the United States Securities and Exchange Commission. Appendix 1 Composited intervals from the 2023 drill campaign undertaken at Lunahuasi are summarized as follows (see News Releases dated April 4, 2023 and July 4, 2023 ):
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