VANCOUVER, British Columbia, June 30, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces that, further to its press release dated June 13, 2025, it has fully executed the loan amendment and restructuring with Trafigura PTE. LTD. (the “Trafigura”) regarding the extension of the Company’s existing secured credit agreement (the “Credit Agreement”) with Trafigura and certain subsidiaries of the Company, of which US$8.7 million remains outstanding (th ...

Freeport-McMoRan (NYSE: FCX ) is one of the world's largest copper and gold miners. The company was founded in 1912 in Texas to mine sulfur using the efficient Frasch process. By 1932, Freeport had expanded operations toInvest Heroes LLC is a CIS-based research firm founded in 2018. Since then, we provide equity and fixed income research services which become more and more well-known locally among both professional investors and private clients. Here’s what we do: - Cover top 120+ Russian, US and Chinese st ...

Core Insights - The Chibougamau Copper-Gold Project in Quebec is showing promising high-grade results, particularly from the Corner Bay deposit, with significant intersections reported [1][5][7] - Cygnus Metals Limited is focused on upgrading resources and assessing production potential, supported by favorable market conditions for copper and gold [2][3][4] Resource Growth and Drilling Results - Recent infill drilling at Corner Bay has yielded results such as 9.1m at 4.4% CuEq, including high-grade intervals of 3.4m at 7.6% CuEq [5][6][7] - The current Indicated Resource at Corner Bay stands at 2.7 million tonnes (Mt) at 2.9% CuEq, while the Inferred Resource is 5.9Mt at 3.6% CuEq [5][16][27] - The total Mineral Resource for the Chibougamau Project includes Measured and Indicated Resources of 3.6Mt at 3% CuEq and Inferred Resources of 7.2Mt at 3.8% CuEq [7][16] Infrastructure and Development Potential - The project benefits from established infrastructure, including a processing facility with a capacity of 900,000 tonnes per annum (tpa), which is the only base metal processing facility within a 250km radius [9][14] - Early engineering studies and permitting processes are underway to streamline future development [8][9] Strategic Focus and Future Outlook - Cygnus is pursuing a dual strategy of resource growth and conversion, with ongoing data compilation to identify additional drill targets [10][14] - The company aims to complete a global Mineral Resource update in Q3 2025, targeting both resource growth and conversion [7][8]

Core Viewpoint - Inflection Resources Ltd. has entered into a definitive agreement to acquire a 100% interest in a portfolio of Australian copper-gold exploration projects from Newmont Corporation, which includes the Tennant East and Bell River projects, indicating a strategic expansion in high-potential mineral exploration [1][3][8]. Group 1: Project Details - The Bell River project, covering approximately 115 km², is located in New South Wales and is situated near significant mining operations, including Newmont's Cadia mine [5][8]. - The geological composition of the Bell River tenement includes calc-alkaline Mid-Ordovician Fairbridge Volcanics, which host advanced argillic alteration zones interpreted as relic porphyry-related lithocaps [6][10]. - The Tennant East project consists of twelve exploration licenses totaling around 4,200 km² in the Northern Territory, which are considered highly prospective for Iron Oxide Copper Gold (IOCG) targets [12][8]. Group 2: Exploration Potential - Inflection's systematic exploration strategy will leverage previous exploration data and geological interpretations to identify potential copper-gold mineralization at depth, particularly in areas with minimal prior drilling [10][19]. - The Bell River project is noted for its significant zones of advanced argillic alteration and outcropping lithocaps, which are indicative of preserved porphyry systems [9][10]. - The Tennant East project has shown promising early results from cursory exploration, including geochemical footprints consistent with IOCG mineralization [15][12]. Group 3: Agreement Terms - For the Bell River project, Inflection will issue 1,000,000 common shares to Newmont and make a one-time payment of AUD$2.5 million upon completion of a compliant Pre-Feasibility Study, along with a AUD$5 million payment upon the start of commercial production [20]. - The Tennant East project acquisition involves issuing 250,000 common shares and reimbursing Newmont for tenement renewal fees, with Newmont retaining a 1.5% net smelter return (NSR) royalty [21]. - The transactions are expected to close in several weeks, pending the transfer of exploration licenses and share issuance [22].

VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces that, further to its press release dated June 9, 2025, it has entered into a term sheet with Trafigura PTE. LTD. (the “Trafigura”) regarding an amendment and extension of the Company’s existing secured credit agreement (the “Credit Agreement”) with Trafigura and certain subsidiaries of the Company, of which US$8.7 million remains outstanding (the “Principal A ...

Core Points - Western Copper and Gold Corporation held its Annual General Meeting (AGM) on June 12, 2025, with 99,165,184 common shares represented, accounting for 49.58% of all outstanding shares [1][2]. Voting Results - The election results for the directors are as follows: - Raymond Threlkeld received 83,398,357 votes (97.66% for) and 1,998,747 votes withheld (2.34% withheld) [2]. - Sandeep Singh received 85,272,115 votes (99.85% for) and 124,989 votes withheld (0.15% withheld) [2]. - Robert Chausse received 85,009,906 votes (99.55% for) and 387,198 votes withheld (0.45% withheld) [2]. - Michael Vitton received 61,999,900 votes (72.60% for) and 23,397,204 votes withheld (27.40% withheld) [2]. - Klaus Zeitler received 82,509,179 votes (96.62% for) and 2,887,925 votes withheld (3.38% withheld) [2]. - Pamela O'Hara received 85,215,910 votes (99.79% for) and 181,194 votes withheld (0.21% withheld) [2]. - The appointment of PricewaterhouseCoopers LLP as the auditor received 98,940,364 votes (99.77% for) and 224,820 votes withheld (0.23% withheld) [3]. Company Overview - Western Copper and Gold Corporation is developing the Casino Project, which is recognized as Canada's premier copper-gold mine located in the Yukon Territory and is considered one of the most economically viable greenfield copper-gold mining projects globally [4]. - The company emphasizes collaboration with First Nations and local communities to advance the Casino Project, utilizing responsible mining technologies and practices [4].

Core Insights - Cygnus Metals Limited has reported high-grade assay results from the Golden Eye prospect within the Chibougamau Copper-Gold Project in Quebec, indicating multiple parallel mineralized zones and significant potential for resource development [2][3][5] Exploration Results - Recent drilling results include: - 4.3m @ 9.8g/t AuEq (7.5g/t Au, 1.6% Cu & 23.9g/t Ag) from LDR-25-10 - 3.3m @ 12.7g/t AuEq (8.4g/t Au, 3.1% Cu & 30.2g/t Ag) from LDR-25-09, including 1.9m @ 21.1g/t AuEq (14.2g/t Au, 4.9% Cu & 47.5g/t Ag) - 2.5m @ 7.3g/t AuEq (5.9g/t Au, 0.9% Cu & 14.9g/t Ag) from LDR-25-10 [3][4][5] Resource Development - The company plans to establish an initial Mineral Resource for Golden Eye, utilizing both recent drilling data and historical data from 77 holes totaling 21,371m [3][5][6] - Significant historic drill intercepts include: - 5.9m @ 34.1g/t AuEq (32.2g/t Au, 1.2% Cu & 27.3g/t Ag) from RD-11 - 4.5m @ 21.6g/t AuEq (14.9g/t Au, 4.7% Cu & 54g/t Ag) from RD-28 [3][9] Infrastructure and Location - Golden Eye is strategically located just 3km from Cygnus' central processing plant, which has a capacity of 900,000tpa, providing significant logistical advantages [2][5][12] - The prospect has existing dual ramp access within 150m of the mineralization, facilitating future development [5][12] Future Plans - Cygnus intends to continue its focus on resource growth through low-risk brownfield exploration, leveraging historical data to identify additional drill targets [6][10] - Exploration drilling is planned at depth to extend mineralization and enhance the pending resource [5][6]

VANCOUVER, British Columbia, June 06, 2025 (GLOBE NEWSWIRE) -- Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) announces the Entrée/Oyu Tolgoi joint venture (the “Entrée/Oyu Tolgoi JV” or “JV”) has paused Oyu Tolgoi Lift 1 Panel 1 underground lateral development work on the Shivee Tolgoi mining licence in Mongolia. The work commenced in October 2024 in rock classified as waste. As at May 30, 2025, ~230 equivalent metres of lateral development primarily on the return air level had be ...

Kincora Copper: Expanded Scope for Ongoing Drilling in the Northern Junee-Narromine BeltJune 06, 2025 6:00 AM EDT | Source: Kincora Copper LimitedThe first drilling program by Kincora with earn-in partner AngloGold Ashanti Australia Limited (AngloGold Ashanti) at the Nyngan porphyry project has been expanded for a second time to test new targets identified by a recent ground gravity survey: A total of fifteen wide-spaced scout holes for 6,197.3m have been completed in the current program with ...

Core Viewpoint - The signing of an agreement between Taseko Mines Limited, the Tŝilhqot'in Nation, and the Province of British Columbia resolves a long-standing conflict regarding the New Prosperity mineral tenures, facilitating future development of one of Canada's largest copper-gold deposits while advancing reconciliation efforts [1][2][3]. Company Summary - Taseko Mines Limited retains a majority interest of 77.5% in the New Prosperity mineral tenures and will receive a payment of $75 million from the Province of BC upon closing [6]. - The company has committed to not being the proponent of mineral exploration and development activities at New Prosperity, ensuring that any future development will require the free, prior, and informed consent of the Tŝilhqot'in Nation [6][12]. - Taseko will contribute a 22.5% equity interest in the New Prosperity mineral tenures to a trust for the benefit of the Tŝilhqot'in Nation, which will transfer property interest to the Nation if they consent to mineral development [6][12]. Industry Summary - The agreement signifies a shift towards a consent-based model for mine development in British Columbia, allowing for collaborative processes between resource developers and First Nations [2][12]. - The resolution of this conflict is seen as a significant step in aligning the interests of First Nations and mining companies, promoting a stable investment climate in the region [5][7]. - The New Prosperity mineral resource includes a measured and indicated resource of 5.3 billion pounds of copper and 13.3 million ounces of gold, highlighting its potential economic significance [1][14].