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Related News

  • Teck to Acquire 100% of Teena/Reward Zinc Project 2016-10-19

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 18, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) announced today that a wholly owned subsidiary has exercised a right of first refusal to acquire the 49% interest held by Rox Resources Limited ("Rox")(ASX:RXL) in the Teena/Reward zinc project, which is already subject to Teck's right to earn an additional 19% interest. The consideration will consist of AUD$10.6 million in cash (or AUD$8.0 million in cash and AUD$3.6 million in freely trading securities) payable on closing, a three year AUD$5.25 million interest bearing promissory note, and a further AUD$3.75 million in cash payable on the earlier of six years from the closing date or completion of a bankable feasibility study for the project. Closing of the transaction is subject to customary conditions, including definitive documentation. On closing, Teck will hold a 100% interest in the Teena project.

  • ASX: Rox Rewarded with up to $20.6 Million for Zinc Project Sale 2016-10-18
  • Kiska Regains Control of the Kliyul Project 2016-10-04

    VANCOUVER, BC--(Marketwired - October 04, 2016) - Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or the "Company") announces that it has regained control of its 100% interest in the Kliyul Project. This is the result of Teck Resources Limited ("Teck") notifying the Company that it is terminating the Kliyul Participation Agreement dated September 30, 2013 ("Agreement"). Under the terms of the Agreement, Teck completed IP geophysical surveys, archeological surveys, baseline water quality surveys, community engagement programs with local First Nations, and ~2,000 metres of diamond drilling in four holes, for a total expenditure of ~$3 million.

  • Teck Submits Regulatory Application for Quebrada Blanca Phase 2 2016-09-26

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 26, 2016) - Teck Resources Limited ("Teck", TSX: TCK.A and TCK.B, NYSE: TCK) has, as part of the regulatory process, submitted the Social and Environmental Impact Assessment (SEIA) for its Quebrada Blanca Phase 2 Project (QB Phase 2) in northern Chile to the Region of Tarapacá Environmental Authority, consistent with the timing previously noted in the company's second quarter 2016 release.

  • Teck Announces Acquisition of Securities of Jet Gold 2016-08-31

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of control over a 30% interest in Haib Minerals (PTY) Ltd., in which Teck indirectly holds a 70% interest. The common shares were issued for an aggregate price of $500,000, and the convertible debenture was issued for a price of $389,117. No cash consideration was paid by Teck and the purchase price was fully satisfied by set-off against the assumed indebtedness.

Highland Valley Information

  • General 2015-05-10
    Highland Valley Copper, located in south central British Columbia, Canada, produces copper and molybdenum concentrates. A new life of mine plan has recently been developed, which has extended the mine life to 2027. Teck has a 97.5% interest in the mine. Highland Valley Copper is an open pit operation. The processing plant uses autogenous and semi-autogenous grinding and flotation to produce metal in concentrate from the ore. Concentrates are transported first by truck to Ashcroft, BC, then by rail and to a port in Vancouver for export overseas. The majority of concentrates are sold under long-term sales contracts to smelters in several countries.

Nearby Locations

Nearby Location News

  • WestKam Reports Steady Progress on Bonaparte Bulk Sample 2016-09-07

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 7, 2016) - WestKam Gold Corp. (TSX VENTURE:WKG) (the "Company" or "WestKam") has provided a progress report on bulk sampling at the Company's 100%-owned Bonaparte Gold Project near Kamloops, British Columbia. As of September 1, 2016, the underground decline had reached 156 meters and was cross-cutting the Eagle/Chickadee vein system. The vein is currently exposed on the working face. As of the date of this release, there are 200 meters of decline development remaining to reach the bulk sample zone currently scheduled to be intersected by late October 2016.

  • WestKam Prepares for Bulk Sampling Program at Bonaparte Gold Project 2016-06-13

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 13, 2016) - WestKam Gold Corp. (TSX VENTURE:WKG) (the "Company" or "WestKam") is pleased to report that a crew has been mobilized to initiate dewatering of the underground decline and site commissioning on the company's Bonaparte Project, located 50 kilometres northwest of Kamloops, British Columbia.

  • WestKam Receives Bulk Sample Permit for Bonaparte Project 2016-04-20

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 20, 2016) - WestKam Gold Corp. (TSX VENTURE:WKG) (the "Company" or "WestKam") is pleased to announce that it has received an underground Bulk Sample Permit from the BC Ministry of Energy and Mines. The Bulk Sample Permit allows for the extraction of 10,000 tonnes of ore from the company's Bonaparte Project located 50 kilometres northwest of Kamloops, British Columbia. The permitted design of the bulk sample program includes extension of the existing decline approximately 200 meters through to the Grey Jay/Crow vein systems.

  • Abacus Announces Filing of Updated Feasibility Study for Ajax Copper-Gold-Silver Deposit 2016-02-24

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 23, 2016) - Abacus Mining & Exploration Corporation ("Abacus" or the "Company") (TSX VENTURE:AME) announces that the updated feasibility study (the "updated FS") for the Ajax copper-gold-silver deposit entitled "Ajax Project, NI 43-101 Technical Report, Feasibility Study Update" dated February 19, 2016 has been filed on Sedar (www.sedar.com) and the Company's website at www.amemining.com.

  • WestKam Identifies Large New Target Zone on the Bonaparte Project 2015-12-22

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 22, 2015) - WestKam Gold Corp. (TSX VENTURE:WKG) ("WestKam" or the "Company") has identified a large new target area on the Company's Bonaparte Project located 50 kilometres northwest of Kamloops, British Columbia. The new zone, called Cooler Creek, has been identified and interpreted from gold intercepts and geological information obtained in the company's recently-completed drill program, combined with previous soil geochemistry and geophysical results.

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