Polymetallic Mining

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Nexa Reports 2025 First Half Exploration Results
Newsfile· 2025-07-29 20:25
Core Viewpoint - Nexa Resources announced the drilling and assay results for the first half of 2025, highlighting a focus on near-mine expansion, brownfield and infill drilling, and greenfield exploration projects [2][5]. Drilling Strategy and Results - The total drilling in the first half of 2025 reached 131,910 meters, which included 28,145 meters of exploration drilling and 103,765 meters of mining infill drilling [2]. - Exploration drilling was distributed as follows: 14,281 meters in Peru, 13,208 meters in Brazil, 656 meters in Namibia, and 9,030 meters for early-stage greenfield projects in Peru [3]. Future Plans - For the second half of 2025, Nexa plans to conduct 47,245 meters of drilling, with 28,595 meters in Peru and 18,650 meters in Brazil [3][5]. Key Achievements - Significant findings included: - Cerro Lindo: 4.2 meters at 2.92% Zn, 0.30% Pb, 0.16% Cu, and 33.26 g/t Ag [7]. - Aripuanã: 10.8 meters at 7.59% Zn, 3.30% Pb, 0.18% Cu, and 62.03 g/t Ag, with a notable intercept of 4.8 meters at 16.60% Zn [7]. - Vazante: 6.3 meters at 22.14% Zn, 0.19% Pb, and 16.57 g/t Ag [7]. - El Porvenir: 18.6 meters at 2.83% Zn, 1.87% Pb, 0.07% Cu, 69.01 g/t Ag, and 1.40 g/t Au [7]. Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [6][8]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, along with three smelters [6][8].
Transition Metals Resumes Exploration at its Pike Warden Epithermal-Porphyry Project, Yukon
Newsfile· 2025-07-21 11:35
Core Viewpoint - Transition Metals Corp. has initiated its summer exploration program at the Pike Warden Project, which is located in southern Yukon, Canada, and is considered a promising site for gold-silver and copper mineralization [1][4]. Company Developments - The company is better positioned to advance its key projects following the proceeds from the recent Fostung sale, with planned work this summer aimed at preparing for drill testing in the fall [2]. - A high-resolution ground-based induced polarization (IP) survey will be conducted to cover potential large-scale porphyry centers, alongside geological mapping and prospecting to refine target areas [2]. Exploration Progress - Over 1,800 rock and soil samples have been collected, revealing high concentrations of gold, silver, copper, and molybdenum, with notable assay values including up to 48.1 g/t Au, 11,270 g/t Ag, 7.49% Cu, and 2.37% Mo [3][7]. - Advanced geophysical techniques, including a 600+ line-km ZTEM survey, have identified four primary large-scale targets, comprising three potential porphyry Cu-Mo systems and one epithermal Au-Ag system [3][8]. Project Overview - The Pike Warden Project spans approximately 41 square kilometers and consists of 203 contiguous quartz claims, with the company holding a 100% interest [4]. - The project is situated within the traditional territory of the Carcross/Tagish First Nation, highlighting its significance in the region [4]. Future Plans - The field program will include IP geophysics, mapping, and sampling, with preparations underway for a fall drilling program to test the most promising targets [5].
Blue Moon Receives Environmental Permits and Awards Mining Contract for Tunnel Extension at NSG in Nordland County, Norway
Globenewswire· 2025-07-09 10:45
Core Points - Blue Moon Metals Inc. has received environmental permits from the Norwegian Environmental Agency and awarded a contract to Fauskebygg AS for the extension of its Rupsi tunnel at Nye Sulitjelma Gruver AS [1][2] - The tunnel extension will enhance exploration drilling efficiency for the Rupsi/Dypet deposits, with a planned 10,000 m exploration drilling program aimed at upgrading resources and gathering geotechnical and metallurgical data [2][3] - The current Inferred Resource of the Rupsi Deposit is 9.258 million tonnes at 1.19% copper and 0.31% zinc, as per an NI 43-101 Technical Report [2] - The contractor selection process prioritized health & safety, local employment, cost, and performance, with activities expected to commence in late Q3-2025 and complete by Q3-2027 [3] - The exploration program will include geological mapping, soil and core geochemistry analysis, geophysical surveys, and relogging of historical drill core [3] Company Overview - Blue Moon is advancing three brownfield polymetallic projects in Norway and the United States, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project [5] - The projects are strategically located with existing local infrastructure, and zinc and copper are identified as critical metals for the global economy and national security [5] Contractor Information - Fauskebygg AS, established in 1946, has over 75 years of experience in construction and is focused on local projects in northern Nordland, offering services in civil engineering and construction [6]
Nexa Resources Announces Redemption of Its 5.375% Notes Due 2027
Newsfile· 2025-04-23 20:36
Core Viewpoint - Nexa Resources has announced the redemption of its 5.375% Senior Notes due 2027, totaling US$110,509,000, scheduled for May 23, 2025 [1][2]. Group 1: Redemption Details - The 2027 Notes will be redeemed at a price equal to the greater of 100% of the principal amount or the present value of remaining scheduled payments, discounted at the Treasury Rate plus 50 basis points [2]. Group 2: Company Overview - Nexa Resources is a large-scale, low-cost integrated polymetallic producer, primarily focused on zinc, with over 65 years of experience in mining and smelting in Latin America [4]. - The company operates four long-life underground polymetallic mines in Peru and Brazil, and one low-cost open pit mine in Peru, along with three smelters [4]. - In 2024, Nexa was ranked among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide according to Wood Mackenzie [5].
Blue Moon Announces Resumption of Trading, Graduation to Tier 1 on the TSX Venture Exchange and Completion of Share Consolidation Following Transformational Acquisitions
Globenewswire· 2025-03-13 22:24
Core Viewpoint - Blue Moon Metals Inc. is set to resume trading on the TSX Venture Exchange on March 14, 2025, following its graduation from Tier 2 to Tier 1 issuer status and the consolidation of its shares [1][3][4]. Group 1: Trading Resumption and Consolidation - Trading of Blue Moon Shares was halted on November 27, 2024, due to the announcement of acquisitions, which were completed on February 26, 2025 [2]. - The company will consolidate its shares on a basis of ten pre-consolidation shares for one post-consolidation share, resulting in approximately 51,109,248 shares outstanding post-consolidation [4]. Group 2: Acquisitions and Financing - Blue Moon has acquired Nussir ASA and Nye Sulitjelma Gruver AS, and also all shares in Repparfjord Eiendom AS, along with related infrastructure for aggregate mining [2]. - The company completed approximately $35.4 million in equity financing at a price of $3.00 per share post-consolidation, with significant participation from its mining contractor [2]. Group 3: Tier 1 Issuer Status - The graduation to Tier 1 issuer status on the TSXV indicates that Blue Moon meets higher standards of financial performance and development stage, benefiting from reduced filing requirements and improved service standards [3].