Author Topic: ALS.TO - Altius Minerals  (Read 1435031 times)



mugwump

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Re: ALS.TO - Altius Minerals
« Reply #5711 on: April 12, 2018, 02:16:40 PM »
I don't know if this affects altius or not
Yamana Gold Inc. ("Yamana") continues to discover additional resources at the producing Chapada mine in Brazil and as a result has begun examining a potential plant expansion that would increase the processing rate from 23 million tonnes per annum ("Mtpa") to a rate of up to 32 Mtpa. Yamana filed an updated NI 43-101 Technical Report on the Chapada mine during the first quarter of 2018 which outlined a life of mine plan for 29 years of copper and gold production.

Yamana has also made updates to the processing plant at Chapada in order to improve recoveries. Most recently a cleaner circuit expansion was commissioned to provide flexibility in processing various ore types. The upgrade has demonstrated improvements to both gold and copper recovery at higher processing rates, and while processing lower grade ores.

For more information, visit the Yamana website at www.yamana.com and see press releases dated February 15, 2018 and March 29, 2018.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5712 on: April 13, 2018, 11:10:16 AM »
https://ceo.ca/@newton/newtoninterviews-paddy-nicol-evrim-resources-evm

Interview with Paddy Nicol at Evrim re: exciting developments at Cuale.

1) First round of work at Cuale cost $300K. Next step is more trenching, geophysics and sampling starting in mid-May. Looking at 3000 meter drill program, costing $750K to $1 million, to begin in late June, permit pending.

2) Evrim has $5.4 million in cash today so well-funded for the Cuale work.

3) “So much silica in the ground it was tough to get a charge through it.” This is good, indicates La Gloria could be a deep deposit.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5713 on: April 14, 2018, 04:42:36 AM »
http://www.portsi.com/wp-content/uploads/2018/04/2018-04-Courrant.pdf

Another ship, the Lydia Oldendorff, added to the schedule for Champion Iron. Arrives April 25th, 190,000 tonne capacity. Total ore shipped or scheduled to be shipped by mid-May: 1.156 million tonnes.

That is 16% of the annual goal of 7.4 million tonnes.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5714 on: April 14, 2018, 10:55:42 AM »
https://www.google.com/amp/s/www.cbc.ca/amp/1.4620180

Tentative labor deal struck at IOC! If approved by union membership the strike will have only lasted 3 weeks. Immaterial. I hope IOC took the stoppage opportunity to do some maintenance on plant equipment.

LIF shares should get a little pop on the news though Syria activity weighs down the market.

mugwump

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Re: ALS.TO - Altius Minerals
« Reply #5715 on: April 16, 2018, 04:35:23 AM »

nostradamus

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Re: ALS.TO - Altius Minerals
« Reply #5716 on: April 16, 2018, 07:01:44 AM »
Evrim up another 50% today. An amazing run.

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5717 on: April 16, 2018, 08:20:20 AM »
Including the 2 million warrants (exercisable at 50 cents) Altius has a potential 13.453 million share position in EVM, worth C$19.78 million at the current stock price of C$1.47.

Excluding the short intercepts of remarkable bonanza grades Trench 4 is basically 106 meters at 3.8 g/t. Not that there’s anything wrong with finding bonanza grades. This trench result is, again, another outlier in the Drill Tracker database of gold trenching results.
« Last Edit: April 16, 2018, 09:46:36 AM by linealdin »

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5718 on: April 16, 2018, 08:30:47 AM »
Resource Capital Funds sold most of its Champion position in recent weeks. Part of the reason for the pressure on the stock price.

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LIF up 6% on the news of tentative labor agreement. Should move higher when results of the union vote to ratify the deal are announced. Vote on Tuesday.
« Last Edit: April 16, 2018, 08:33:48 AM by linealdin »

linealdin

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Re: ALS.TO - Altius Minerals
« Reply #5719 on: April 16, 2018, 09:45:21 AM »
https://angrygeologist.blogspot.com/2018/04/evrim-cuale-quick-comment.html?m=1

Angry Geologist describes the trenching results at Evrim as very good/great, but not spectacular because of the grade smearing issue. 83% of the gold is in just 5.4% of the trench.

The bonanza intercepts do provide a good target for drilling high grade structures.
« Last Edit: April 16, 2018, 09:48:50 AM by linealdin »