Tag: Segovia Operations

GCM Mining Reports First Quarter 2022 Production; Declares May 16, 2022 Monthly Dividend; Announces First Quarter 2022 Results Webcast

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it produced a total of 16,293 ounces of gold in March 2022 at its Segovia Operations bringing the total for the first quarter of 2022 to 49,951 ounces compared with 49,058 ounces from Segovia in the first quarter of 2021. In the first quarter of 2022, the Company also produced 89,782 ounces of silver at Segovia, up from 57,315 ounces of silver in the first quarter last year, together with approximately 252,000 pounds of zinc and 338,000 pounds of lead. Consolidated gold production of 51,486 ounces in the first quarter last year also included 2,428 ounces from Marmato up to February 4, 2021, the date of the loss of control of Aris Gold Corporation. read more

GCM Mining Announces Fourth Quarter and Full Year 2021 Results

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GCM Mining Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its audited consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the year ended December 31, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “NG”. For a detailed description of each of the non-GAAP measures used in this press release and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Company’s MD&A. read more

GCM Mining Provides Annual Update to Segovia’s Mineral Resource and Reserve Estimates

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has completed updated Mineral Resource and Mineral Reserve estimates for its Segovia Operations prepared in accordance with the Canadian Institute of Mining Metallurgy and Petroleum (“CIM”) Definition Standards incorporated by reference in National Instrument 43-101 (“NI 43-101”) with an effective date of December 31, 2021. read more

GCM Mining Announces Multiple High-Grade Drill Results From the Final Drill Holes in Its 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues at the Marmajito Vein Including 131.10 g/t Au and 294.3 g/t Ag Over 0.32 Meters

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced today multiple high-grade intercepts at its Segovia Operations from the final 39 diamond drill holes, totaling 9,158 meters, of its 2021 in-mine and near-mine drilling programs, as well as the final 27 diamond drill holes, totaling 7,125 meters, from its 2021 brownfield drilling programs. The Company also announced the assay results from 2 additional kick-off diamond drill holes, totaling 1,140 meters, from the ongoing directional drilling at the El Silencio Deep Zone. read more

GCM Mining Provides Production Update; Declares April 15, 2022 Monthly Dividend; Announces 2021 Fourth Quarter and Year End Results Webcast

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that its Segovia Operations produced 17,184 ounces of gold in February 2022, up from 15,360 ounces of gold in February last year. This brings the total gold production for the first two months of 2022 to 33,658 ounces, up from 30,415 ounces in the first two months last year. Segovia’s trailing 12-months’ total gold production at the end of February 2022 was 209,632 ounces, up about 1.6% over last year. read more

GCM Mining Provides January 2022 Production Update; Declares Monthly Dividend to Be Paid on March 15, 2022

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that its Segovia Operations are continuing to perform as expected in 2022 with gold production of 16,474 ounces of gold in January, up from 15,055 ounces of gold in the month of January 2021. Segovia’s trailing 12-months’ total gold production at the end of January 2022 was 207,808 ounces, up almost 1% over last year. read more

GCM Mining Announces Multiple High-Grade Drill Results at Its El Silencio Mine From the 2021 Mine Geology Infill Drilling Campaign at Its Segovia Operations

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today multiple high-grade intercepts from the latest 79 diamond drill holes totaling 14,798 meters of the ongoing underground in-fill drilling campaign that is being carried out by the Company’s Mine Geology Department at the El Silencio Mine at its Segovia Operations. This mine geology in-fill drilling campaign, which commenced in 2020 and is ongoing, is focused on resource definition within the underground mine developments of the El Silencio Mine and complements the results from the 2021 in-mine drilling programs being carried out by the Company’s Exploration Team announced in the Company’s press release on December 16, 2021. In particular, the continuation of multiple high-grade intercepts in the 1040 Vein discovered last year by this mine geology in-fill drilling campaign at the El Silencio Mine reaffirms the potential for the current and future development of this flagship mine. read more

GCM Mining Reports Fourth Quarter and Full Year 2021 Production; Meets Annual Guidance for Sixth Consecutive Year

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it produced a total of 18,030 ounces of gold in December 2021 at its Segovia Operations bringing the total for the fourth quarter of 2021 to 55,285 ounces compared with 50,084 ounces from Segovia in the fourth quarter of 2020. In the fourth quarter of 2021, the Company also produced 89,327 ounces of silver at Segovia, up from 51,302 ounces of silver in the fourth quarter last year, together with approximately 154,000 pounds of zinc and 254,000 pounds of lead. For the full year, Segovia’s gold and silver production in 2021 totalled 206,389 ounces and 253,597 ounces, respectively, up from 196,362 ounces of gold and 186,122 ounces of silver in 2020. Including Marmato production up to February 4, 2021, consolidated gold production for 2021 was 208,775 ounces compared with 220,194 ounces in 2020, which included 23,832 ounces from Marmato. read more

GCM Mining Files National Instrument 43-101 Technical Report for Its Toroparu Project in Guyana

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has filed a technical report and preliminary economic assessment (the “Technical Report”) pursuant to National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI 43‐101″) for its Toroparu Gold Project located in the Upper Puruni River Region of Western Guyana. The Technical Report dated January 11, 2022, with an effective date of December 1, 2021, supports the disclosure made by the Company in its December 1, 2021 news release and was prepared by Nordmin Engineering Ltd. The Technical Report is based on the updated Mineral Resource estimate for the Toroparu Gold Project with an effective date of November 1, 2021. read more

GCM Mining Announces Multiple High-Grade Drill Results From the Ongoing 2021 In-Mine and Brownfield Drilling Campaigns at Its Segovia Operations; Success Continues on the Brownfield Projects Including 62.34 g/t Au and 37.3 g/t Ag Over 0.40 Meters From Initial Drilling at the La Guarida Vein

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced today multiple high-grade intercepts from the latest 130 diamond drill holes, totaling 30,714 meters, from the 2021 in-mine and near-mine drilling programs, as well as 28 diamond drill holes, totaling 6,946 meters, from the 2021 brownfield drilling programs at its Segovia Operations. The Company also announced the assay results from 8 additional kick-off diamond drill holes (4,509 meters) from the ongoing directional drilling program at the El Silencio Deep Zone. read more