Latest news with #antimony
National Post
2 days ago
- Business
- National Post
Canagold Announces Positive Feasibility Study Results for the New Polaris Project
Article content Article content VANCOUVER, British Columbia — Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) ('Canagold' or the 'Company') is pleased to announce positive results of the Feasibility Study ('FS') for its 100% owned New Polaris gold-antimony project located in northwest British Columbia, Canada. All dollar figures are in Canadian dollars unless otherwise indicated. The Company expects to file a technical report relating to the FS, prepared in accordance with National Instrument 43-101 ('NI 43-101'), within 45 days. Article content Feasibility Study Highlights Article content Robust Project Economics Article content 'The Feasibility Study results demonstrate exceptional economics, low Capex and low AISC for the New Polaris Gold-Antimony Project,' stated Canagold's Chief Executive Officer, Catalin Kilofliski. 'Even at a $2,500 Gold Price, the projected cash flow and economics are outstanding. While we continue to refine and optimize the Project aimed at unlocking additional revenue from antimony metal and reduction of power costs and emissions through potential run-of-river green power generation, our primary focus is now shifting toward completing the permitting process, in order to advance New Polaris toward a construction and production decision. I would like to express our sincere appreciation to the Taku River Tlingit First Nation for fostering a respectful and inclusive open dialogue every step of the way. I also want to thank all our shareholders for their patience and confidence.' Article content TRTFN's Spokesperson, Charmaine Thom, says, 'Canagold's land acknowledgement of Taku River Tlingit First Nation's traditional territory and the willingness to work toward a partnership through a Consent Based Agreement, is a true testament of what reconciliation looks like.' Article content However, the Feasibility Study does not include any revenue contribution from antimony or estimate an antimony reserve. This is because the process flowsheet outlined in the Feasibility Study is specifically designed to produce a sulphide concentrate. Article content Antimony has been recognized at New Polaris since the early mining operations of the 1940s and 1950s. However, its economic significance has grown substantially in recent years due to global supply shortages and sharply rising prices. Article content The Company is currently undertaking additional metallurgical testing and economic evaluations required to support the inclusion of antimony in the project's financial model. Article content The prospect of including revenue from antimony in future phases, has the potential to improve overall project economics, particularly as the associated mining costs for antimony are largely covered by the gold mining activities. However, there are no guarantees that the future testing will support this prospect. Article content Plans for Unlocking Antimony Value Article content To capitalize on the full economic potential of antimony, the Company is advancing several key initiatives: Article content New Polaris Feasibility Study Article content The Feasibility Study for New Polaris was completed by Ausenco Engineering Canada ULC ('Ausenco'), supported by Moose Mountain Technical Services and JDS Energy & Mining Inc. The study confirms robust economics for an underground mining and milling operation, with a low initial capital cost and a high rate of return. Article content Key Feasibility Study parameters are shown in Table 2. Article content Table 2: New Polaris FS Project Parameters Base Case Economic Assumptions Gold Price (US$/oz) $2,500 Exchange Rate (C$/US$) 0.725 Discount Rate 5% Contained Metals Mined Contained Gold (koz) 904 Contained Antimony (tonnes) 5173 Mining Mine Life (years) 8.3 Waste (Mt) 1.8 Total Material Mined (Mt) 4.6 Total Mineralized Material Mined (Mt) 2.8 Processing Processing Throughput (ktpa) 340 Average Diluted Gold Grade (g/t) 9.9 Gold Production Gold Recovery (%) 89.1 LOM Recovered Gold in Concentrate (xoz) 806 LOM Payable Gold Production (koz) 709 LOM Avg. Annual Gold Production (koz) 85.7 Operating Costs Per Tonne Mining Cost ($/t Milled) $135 Processing Cost ($/t Milled) $64 G&A Cost (C$/t Milled) $68 Total Operating Costs ($/t Milled) $267 Other Costs Concentrate Transportation to Smelter ($/wmt) $1,089 Cash Costs and All-in Sustaining Costs LOM Cash Cost (US$/oz Au) $997 LOM All-in Sustaining Cost (US$/oz Au) $1,247 Capital Expenditures Pre-production Capital Expenditures ($M) $250 Sustaining Capital Expenditures ($M) $225 Closure Expenditures ($M) $21 Economics After-Tax NPV (5%) ($M) $425 After-Tax IRR % 30.9 After-Tax Payback Period (years) 2.4 After-Tax NPV / Initial Capex 1.7 Pre-Tax NPV (5%) ($M) $667 Pre-Tax IRR % 38.4 Pre-Tax Payback Period (years) 2.3 Pre-Tax NPV / Initial Capex 2.7 LOM After-tax Free Cash Flow ($M) 649 Article content Cash costs are inclusive of mining costs, processing costs, site G&A, off-site charges and royalties AISC includes total cash cost, sustaining CAPEX and closure cost All dollar ($) figures are presented in CAD unless otherwise stated. Base case metal price used in this economic analysis is US$2,500 /oz Au. Article content Gold Production Profile Article content Mineral Resource Estimate Article content The Company's current Mineral Resource Estimate ('MRE'), completed by Moose Mountain Technical Services, has an effective date of April 2, 2025 with the mineralization model as the basis for the FS. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability at this time. Article content The New Polaris Mineral Resources for gold and antimony are shown in Table 3 and Table 4. Article content Table 3. New Polaris April 2, 2025 Gold Resource Estimate at 4 g/t cut-off Resource Class Tonnes (000's) Au (g/t) Au Metal Ozs (000's) Indicated 2,965 11.6 1,107 Inferred 926 8.5 266 Article content Table 4. Antimony Resource Estimate within the Base Case Au Resource Resource Class Tonnes (000's) Sb (%) Sb Metal (Tonnes) Indicated 860 0.65 5,630 Inferred 100 1.2 1,195 Article content Notes on the Resource Tables Article content About the Mineral Resource Estimate Article content Mineral Reserve Estimate Article content The mineral reserves are summarized in Table 5. Article content Notes on the Reserve Table Article content Mining Overview Article content The New Polaris mine is designed as a modern, fully-mechanized underground operation, targeting the safe and cost-effective extraction of mineral reserves over an estimated 8.3 year mine life. The plan anticipates delivering approximately 2.8 million tonnes (Mt) of mill feed at an average grade of 9.9 g/t gold. Article content A total of 1.8 Mt of waste rock will be generated during LOM underground development. Of this, the majority will be used as backfill material within the mine to support mined-out areas, with the remaining volume placed on surface in the integrated tailings and waste rock storage facility. Article content The mineral reserves are located beneath the historic workings of the Polaris-Taku mine, which operated from 1938 to 1951 and produced 740,000 tonnes at an average grade of 10.3 g/t gold. The new underground access will be established via a ramp extending from the existing New Polaris portal, reaching an ultimate depth of approximately 780 meters. The primary ore body, known as the 'C' zone, accounts for nearly 90% of total reserves, extends up to 500 meters along strike, and dips at an average angle of 50 to 60 degrees. Article content Geotechnical assessments indicate favorable rock conditions, with typical ground control measures and associated costs anticipated. Article content To optimize recovery and minimize costs, two main mining methods will be employed: Article content Mine development and early construction activities will be carried out by an experienced underground mining contractor, with operations transitioning to an owner-operated model upon commencement of production. The underground mine is expected to employ approximately 190 personnel, sustaining an average production rate of 950 tpd throughout the mine's operating life. Article content New Polaris Mine Image Article content Processing Overview Article content Processing will occur in a 1000 tpd crushing, grinding and flotation plant to produce a bulk sulphide flotation concentrate which will be shipped off site for final processing at an independent processing facility. Article content Crushed ore is ground to 80% minus 74um and fed into a flotation circuit consisting of one stage of rougher flotation with two cleaning stages to produce concentrate grading > 100 g/t Au. Article content Flotation concentrate is thickened, filtered and dried, to a moisture of approximately 5% and flown to Juneau, Alaska, which is located approximately 60 km from site, then barged to Seattle for loading onto ocean going ships for transportation to third-party smelters worldwide. Article content A portion of the process tailings will be fed to a backfill plant and used for filling underground mining voids, the balance will be filtered and trucked to a dry-stack storage facility located about 1 km from the plant site. Waste rock not used for underground backfilling will also be trucked to this facility for storage with the tailings. Article content Concentrate Marketing Study Article content An independent concentrate marketing study for the New Polaris Project, evaluating marketability and treatment terms for its gold concentrate has been completed as part of the FS. The study confirms that the New Polaris gold concentrate, targeted at a grade exceeding 100 g/t Au, and an average 12% As, is marketable under current global conditions. Article content The report identifies potential outlets for the sale of New Polaris gold concentrate, including: Article content Traditional gold roasters in Asia, which represent an established and high-capacity processing route Blending facilities, where the concentrate can be mixed with other materials prior to shipment to smelters Asian gold roasters, copper smelters, or lead smelters Direct sales to international metal trading firms, which offer flexible and liquid off-take arrangements Pressure oxidation (POX) plants Article content Based on indicative commercial terms provided by several prospective buyers, the marketing study validated the project's financial modeling assumptions related to treatment charges and gold payability. The analysis concluded that an average net smelter return (NSR) of 87.9% for gold is reasonable over the LOM and reflects treatment charges associated with the presence of As in the concentrate. Article content Capital Costs Article content The initial capital cost is estimated at $250M (US$181M) and shown in Table 6. Article content Table 6: Project Capital Cost Estimates ($M): Initial Sustaining LOM Total Mining ($M) $63.3 $196.1 $259.4 Processing ($M) $43.0 – $43.0 Tailings ($M) $7.4 $4.7 $12.1 Onsite Infrastructure ($M) $38.5 – $38.5 Offsite Infrastructure ($M) $9.4 – $9.4 Indirects ($M) $42.3 – $42.3 Project Delivery ($M) $9.8 – $9.8 Owner's Costs ($M) $7.8 – $7.8 Total excluding Contingency ($M) $221.5 $200.8 $422.3 Project Contingency ($M) $28.8 $24.2 $53.0 Closure ($M) – – $20.5 Total ($M) $250.4 $225.0 $495.8 Article content Note: Totals may differ slightly due to rounding Article content The LOM Total Cash Cost is US$997/oz Au payable while the LOM AISC is US$1,247/oz Au payable. Article content Unit Operating costs are shown in Table 7. Article content Financial Analysis Article content At a US$2,500 base case gold price and a C$:US$ exchange of 0.725:1, the Project generates an after-tax NPV (5%) of $425 million and IRR of 30.9%. Payback on initial capital is 2.4 years. Article content The Project Financials are shown in Table 8. Article content Regulatory and Environmental Assessment Process Article content The Project is subject to a range of regulatory approvals, including a consent decision from the Taku River Tlingit First Nation (TRTFN) and an Environmental Assessment Certificate (EAC) under British Columbia's Environmental Assessment Act. Once the environmental assessment process is completed, the necessary construction and operating permits may be applied for and issued in accordance with applicable provincial and federal legislation. Article content The project formally entered the BC Environmental Assessment (EA) process in 2023. In September 2024, the British Columbia Environmental Assessment Office (BCEAO) issued a Readiness Decision, concluding there is sufficient information to proceed with the Environmental Assessment Application. Canagold's consulting team is currently preparing the required technical studies and supporting documentation, with the EA application targeted for submission in the fourth quarter of 2025. Article content The ongoing involvement, input, and support of the TRTFN have been instrumental in ensuring that their interests are recognized and addressed throughout the process. Their collaboration continues to play a critical role in helping advance and streamline the regulatory review. The New Polaris Project is located within the territory of the Taku River Tlingit First Nation (TRTFN). Article content Canagold has maintained a long-standing and respectful relationship with the TRTFN, having operated within their traditional territory since 1990. Over the years, the Company has built a strong foundation of collaboration and trust with the Nation. A formal engagement framework is in place, guiding communication, consultation, and permitting activities in alignment with TRTFN values and governance structures. Article content In February 2023, Canagold and the TRTFN established a Technical Working Group (TWG) to facilitate focused collaboration on the New Polaris Project. Bi-weekly meetings have been held consistently, allowing for in-depth discussions on all aspects of the project. In addition, several open houses and community engagement sessions have been conducted to ensure transparent and inclusive dialogue with TRTFN citizens. Article content Canagold remains firmly committed to continuing meaningful engagement with Indigenous communities, both in Canada and Alaska, as the project progresses. Article content Opportunities to Enhance Project Value and Reduce Carbon Footprint Article content The 2025 FS clearly demonstrates that New Polaris is an economically viable project. Article content Several key opportunities have the potential to significantly increase the economic value of the New Polaris Project while simultaneously reducing its environmental impact: Article content Antimony Recovery Optimization: Ongoing metallurgical test work aims to optimize flotation and refining conditions for antimony. Successful antimony recovery and processing could unlock substantial additional revenue Renewable Energy Integration: An engineering study is underway to assess the feasibility of constructing a run-of-river hydroelectric facility on-site. This project could replace a significant portion of diesel-generated power, leading to a major reduction in CO₂ emissions and a corresponding decrease in energy costs—ultimately contributing to lower operating expenses Resource Expansion Potential: The mesothermal gold deposit remains open at depth and along strike, offering potential for resource expansion beyond the current 8.3-year mine life outlined in the Feasibility Study. In addition, 2024 drilling north of the historic mining area intersected multiple mineralized veins, further supporting the opportunity to increase the defined resource base Article content Qualified Persons Article content In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P. Eng., President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects. Article content Sue Bird, Article content M Sc., Article content V.P. of Resources and Engineering at Moose Mountain Technical Services, an independent Qualified Person as defined by NI 43-101. Sue has also reviewed and approved the technical information about the 2025 MRE resource contained in this news release. Article content Tommaso Roberto Raponi, P. Eng., Article content Principal Metallurgist with Ausenco Engineering Canada ULC., is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Raponi is responsible for mineral processing and metallurgical testing in the technical report. Article content Kevin Murray, P. Eng., Article content Principal Process Engineer for Ausenco Engineering Canada ULC., is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Murray is responsible for processing, process and infrastructure capital and operating cost estimation, financial analysis and marketing in the technical report. Article content James Millard, P. Geo., Article content Director, Strategic Projects with Ausenco Sustainability ULC., a wholly owned subsidiary of Ausenco Engineering Canada ('Ausenco') is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Millard is responsible for the sections and subsections related to environmental, permitting, and social and community aspects in the technical report. Article content Jonathan Cooper, MSc., Article content ., Article content Water Resources Engineer with Ausenco Sustainability ULC., a wholly owned subsidiary of Ausenco Engineering Canada ('Ausenco') is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Cooper is responsible for the sections and subsections related to site-wide water management in the technical report. Article content Dino Pilotto, P. Eng., Article content General Manager, Technical Services with JDS Energy & Mining Inc., is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Pilotto is responsible for mining methods in the technical report. Article content Mike Levy, P. Eng., Article content Geotechnical Manager with JDS Energy & Mining Inc., is an independent Qualified Person as defined by NI 43-101 and has reviewed and verified the contents of this news release. Mr. Levy is responsible for the underground geotechnical assessment in the technical report. Article content About Canagold Article content Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders. Article content Article content Article content Article content Article content Contacts Article content Catalin Kilofliski, Article content Article content
The Australian
16-07-2025
- Business
- The Australian
BYH picks up antimony at Golden Pike
Due diligence highlights antimony potential alongside gold at Golden Pike Bryah has exercised an option to acquire the project in New Brunswick, Canada Previous sampling recovered boulders grading up to 53% antimony Special Report: Bryah Resources is joining the rush to secure Western supplies of critical minerals, after highlighting the antimony potential of the Golden Pike gold project in New Brunswick, Canada, during due diligence. ASX-listed Bryah Resources (ASX:BYH) has completed a comprehensive review, pointing to the project's rich antimony exploration potential in addition to its known high-grade gold deposit. Soil sampling by Rockport Mining in 2008 recovered boulders grading up to 53% Sb – that's extraordinarily high grade. Drilling by Globex Mining Enterprises from May 2016 to February 2017, which targeted gold, later identified antimony mineralisation. One hole encountered 0.5m at 12.5% Sb from 76.5m as well as 37.15m at 0.91g/t Au from 71.35m. Another hole returned 0.3m at 4.74% Sb and 2.38g/t Au from 17.7m. Antimony mineralisation is interpreted to be vein-style and associated with a northwest trending fault zone. Golden Pike project location in New Brunswick, Canada. Pic: BYH Historical work on Golden Pike, including soil sampling and exploration drilling, provides a wealth of geological data to guide future exploration programs with numerous prospective areas identified. The success of due diligence has seen BYH exercise its option to acquire the 3292ha project in south-central New Brunswick, about 90km north of the port city of Saint John. 'With supply constraints and geopolitical dynamics creating a surge in the price of antimony, it is exciting to explore the antimony potential identified at the Gold Pike gold project in addition to the excellent gold opportunity provided by the project," Bryah's CEO Greg Hill said. Antimony recognised as a critical mineral Antimony is recognised as a critical mineral by many countries, including Canada, the US, Australia, Japan and the EU, due to its essential role in manufacturing and national security. It has significant industrial and technology importance and is in strong demand for defence and military applications. It is primarily used in: PV cells, as an additive to glass, it enhances clarity and improves solar panel efficiency Flame retardants, combined with materials used in consumer products to reduce flammability Metal alloys, added to lead to improve hardness and mechanical strength; and Semiconductors, used in infrared detectors, diodes and magnetic sensors. The price of antimony in the West skyrocketed in 2024, roughly quintupling to levels of US$60,000/t, where it still sits today. That came after China, the world's top producer of refined antimony metal, placed export controls on the metal in response to a trade dispute with the US. It has sparked a mad rush to find and develop new and existing antimony deposits in the West. Given antimony deposits' typical association with gold, that boom has handily dovetailed with a record run for gold prices to over US$3300/oz. This article was developed in collaboration with Bryah Resources, a Stockhead advertiser at the time of publishing. This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
Zawya
15-07-2025
- Business
- Zawya
Australia's Zeus Resources acquires 100% of Morocco antimony project
ASX-listed Zeus Resources has acquired full ownership of the Casablanca Antimony Project in central Morocco, the company said in a stock exchange statement. The project, secured via an option agreement with Ashgill Morocco, comprises six exploration licenses. The acquisition terms include: 62.5 million Zeus shares (50 per cent under a 6-month escrow) 12 million performance rights An introducer fee of 72.52 million options (0.02 Australian dollars exercise price, expiring December 12, 2027) issued to Janus Capital As part of its due diligence process, the Company ran a rock chip programme the samples of which returned exceptional surface high-grade antimony results ranging from 7.8 percent to 46.52 percent Sb across 20 primary samples. The surface mineralisation has been mapped along a strike length exceeding 4km, indicating strong district potential, the statement said. It said a trenching programme is being planned to assess high-grade surface mineralisation, while permitting processes are underway in collaboration with Ashgill's local team. According to the Zeus statement, the acquisition aligns with its strategy to secure high-grade, under-explored critical mineral assets in politically stable jurisdictions. Morocco's modern mining code and favourable investment climate position it as an attractive destination for exploration activity. (Writing by Majda Muhsen; Editing by Anoop Menon) (
Yahoo
14-07-2025
- Business
- Yahoo
Critical One Announces Airborne Geophysical Survey to Build on Existing Antimony Inventory
TORONTO, July 14, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) ('Critical One' or the 'Company') (CSE: CRTL) (OTCQB: MMTLF) (FSE: 4EF0), a leading Canadian exploration company focused on critical minerals, is pleased to announce the awarding of a contract to Geotech Ltd. to conduct an advanced airborne geophysical survey over its flagship Howells Lake Antimony-Gold Project ('Howells Lake Project') in Ontario, Canada. The survey aims to build on antimony discoveries announced in the Company's May 14, 2025 press release and to identify new high-priority antimony and gold targets, reinforcing Critical One's position as the operator of Canada's largest undeveloped antimony deposit. 'This state-of-the-art, highly advanced airborne geophysical survey program marks a significant step in unlocking the full potential of the Howells Lake Project,' said Duane Parnham, Executive Chairman and CEO of Critical One. 'By leveraging best-in-class technology, we aim to expand our antimony discoveries and pinpoint new gold targets, driving value for our stakeholders and contributing to North America's critical minerals supply chain.' Geotech is a globally recognized leader in airborne geophysical technologies. The survey will cover the entire 13,990-hectare Howells Lake Project, utilizing cutting-edge helicopter-borne VTEM (electromagnetic) and horizontal magnetic gradiometer technology to map subsurface geological structures at depths of 500 metres or more. This investment in the project follows the Company's antimony discovery successes and is deemed essential to defining potential locations to expand the extent of antimony and gold mineralization, both proximal to the known mineralization and across the property that covers more than 25 kilometres of favourable geological structure and domains. Using the information it has assembled to date, Critical One has been able to define parameters in the general alteration package in the areas of the known antimony and gold mineralization that it can now use to look for other areas with similar signatures in overall geophysical data. With new and more detailed geophysical data, the Company will be in a position to quickly identify other areas with similar geophysical footprints proximal to the known antimony and gold mineralization. Critical One is the first to control the entire area and explore for antimony and gold mineralization in 40 years. When the last exploration was undertaken in the vicinity of the known mineralization, antimony was valued at a fraction of its current price. The Geotech airborne survey that will commence this month will be the first airborne geophysical survey flown over the project area in more than two decades. The depth penetration, available computer modelling and the sophistication of the equipment will provide the Company with detailed, high-quality project data that will be of use for years to come in identifying high-quality targets and interpreting the structure and geology of the area as Critical One pursues new antimony and gold mineralization. Antimony, a critical mineral essential for military defence, battery technologies, and flame retardants, is in high demand due to global supply constraints, with over 80% of the world's supply controlled by China and Russia. The Howells Lake Project, strategically located near Ontario's Ring of Fire corridor, positions Critical One to address the current supply chain challenge while advancing gold exploration in a tier-1 mining jurisdiction. Qualified Person Bruce Durham, a Qualified Person under NI 43-101, who is independent of the Company, has reviewed and approved the technical content of this news release as it pertains to the Howells Lake Project. About Critical One Energy Inc. Critical One Energy Inc. (formerly Madison Metals Inc.) is a forward-focused critical minerals and upstream energy company, powering the future of clean energy and advanced technologies. The addition of the Howells Lake Antimony-Gold Project broadens the Company's exposure to antimony, one of the most in-demand critical minerals. Backed by seasoned management expertise and prime resource assets, Critical One is strategically positioned to meet the rising global demand for critical minerals and metals. Its mine exploration portfolio is led by antimony-gold exploration potential in Canada and uranium investment interests in Namibia, Africa. By leveraging its technical, managerial, and financial expertise, the Company upgrades and creates high-value projects, thereby driving growth and delivering value to its shareholders. Additional information about Critical One Energy Inc. can be found at and on the Company's SEDAR+ profile at For further information, please contact: Duane ParnhamExecutive Chairman & CEOCritical One Energy Inc. +1 (416) 489-0092ir@ Media inquiries: Adam BelloManager, Media & Analyst RelationsPrimoris Group Inc.+1 (416) 489-0092media@ Neither the Canadian Securities Exchange nor CIRO accepts responsibility for the adequacy or accuracy of this release. Forward-looking Statements This news release contains 'forward-looking information' within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as 'may', 'will', 'expect', 'likely', 'should', 'would', 'plan', 'anticipate', 'intend', 'potential', 'proposed', 'estimate', 'believe' or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions 'may' or 'will' happen, or by discussions of strategy. Forward-looking information contained in this press release includes, but is not limited to, statements relating to the Company's business strategy and objectives. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that: the Company will have the resources required in order to conduct its business as currently operated. However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, risks relating to the mining industry in general, and other risks as described in the Company's continuous disclosure record on SEDAR+. Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. The Company does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
The Australian
14-07-2025
- Business
- The Australian
LKY receives drilling permit for historic antimony mine
Tylah Tully chats with Locksley Resources (ASX:LKY) technical director Julian Woodcock, after the company received a key permit to drill at the historic Desert Antimony Mine. These permits are a significant milestone for Locksley as it progresses the project. Woodcock also touches on recent high-grade rock chip results and the company's exploration plans including at its nearby rare earth asset. This video was developed in collaboration with Locksley Resources, a Stockhead client at the time of publishing. The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
