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.
General 2015-05-10The Chacay property is located in Region III in Northern Chile, located 12km southeast of Teck Resources Relincho copper-molybdenum project and 50km east of the city of Vallenar at an elevation of approximately 2,600m asl. The property was purchased from Coro Mining in 2013 for US$2.5 million cash plus a 1.5% net smelter return royalty.
Nearby Location News
Filo Mining Reports Recoveries of 95.1% for Copper, 93.2% for Gold and 92.7% for Silver From Initial Metallurgical Tests on Mineralization From the Filo Del Sol Deposit 2016-10-11
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 11, 2016) - Filo Mining Corporation (TSX VENTURE:FIL)(NASDAQ OMX:FIL) ("Filo Mining" or the "Company") is pleased to report positive results from an initial program of metallurgical testwork on oxide mineralization from the Filo del Sol deposit. Testwork was completed by SGS Canada Inc. in Lakefield, Ontario under the supervision of Dr. Joe C. Ferron who is a consultant to the Company.
ASX: Mineral Resource and Ore Reserve Annual Review 2016 2016-09-29
Filo Mining Launches With Initial Resource Base of 150 Million Ounces of Silver, 4 Million Ounces of Gold, and 3.3 Billion Pounds of Copper and Outlines Corporate Plans 2016-09-19
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2016) - Filo Mining Corporation (TSX VENTURE:FIL)(NASDAQ OMX:FIL) ("Filo Mining" or the "Company") is pleased to provide an introduction to Filo Mining which was spun out from NGEx Resources ("NGEx") in August and is now trading on the TSX-V and the NASDAQ First North exchanges under the symbol FIL. Filo Mining is the newest addition to the Lundin Group of Companies.
Filo spin-off has sweet start 2016-09-18Parting of ways pays off for copper-gold-silver project
ASX: Drilling Set to Commence & New Results Extend Sierra Zapallo 2016-09-14