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We’ve been talking to Paul Gill, President and CEO of Lomiko Metals (V.LMR), for several years as the company has evolved. Lomiko’s goal has always been to develop graphite properties in Quebec. But like many graphite producers, the questions of timing, grade, purity and CAPEX have all had impacts on Lomiko’s path forward.
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Red Eagle Mining (TSX: R; US-OTC: RDEMF) announced first gold at its San Ramon underground gold mine in Colombia in late 2016, but ramp-up at the operation hasn’t exactly been going according to plan.
“The drill results continue to significantly expand the Taylor Sulfide and Taylor Deeps Zones and show higher zinc-lead-silver grades. It is clear that the expanded drill program continues to not only add tons to the ultimate size of the deposit, but more importantly, they are higher grade tons that should benefit the economics of the project,” said Chief Operating Officer Don Taylor.
TORONTO, Aug. 8, 2017 /CNW/ – Cautivo Mining Inc. (CSE:CAI) (“Cautivo” or the “Corporation“) and Sierra Metals Inc. (TSX:SMT) (BVL:SMT) (NYSE American: SMTS) (“Sierra” and together with Cautivo, the “Parties“) are pleased to announce the completion today of the previously announced distribution (the “Distribution“) of Cautivo common shares (“Cautivo Shares“), issuance of rights (“Rights“) pursuant to Cautivo’s rights offering (the “Rights Offering“) and listing of the Cautivo Shares and the Rights on the Canadian Securities Exchange (the “CSE“).