Latest news with #NationalInstrument43‐101
Yahoo
10-04-2025
- Business
- Yahoo
DLP Resources Inc. Announces Filing of NI 43-101 Technical Report on the Aurora Cu-Mo-Ag Property in the Calca Province, Peru with Inferred Maiden Resource
Cranbrook, British Columbia--(Newsfile Corp. - April 10, 2025) - DLP Resources Inc. (TSXV: DLP) (OTCQB: DLPRF) ("DLP" or the "Company") is pleased to announce that it has filed a National Instrument 43‐101 Technical Report on the Aurora Cu-Mo-Ag Property in Calca Province, Peru with the Inferred Maiden Resource (the "Report"). The Report can be found under the Company's profile on SEDAR+ at and on the Company's website. The Report was prepared by independent AMC Consultants Pty Ltd. The results of the Report on the maiden Mineral Resources for the Aurora Project were released on February 27, 2025 (see DLP news release available here). About DLP Resources Inc. DLP Resources Inc. is a mineral exploration company operating in Southeastern British Columbia and Peru, exploring for Base Metals and Cobalt. DLP is listed on the TSX-V, trading symbol DLP and on the OTCQB, trading symbol DLPRF. Please refer to our web site for additional information. About AMC Consultants Pty Ltd. AMC Consultants (AMC) is a global mining consultancy headquartered in Melbourne, Australia, with offices across Australia, Canada, the United Kingdom, and South Africa. Since 1983, AMC has completed over 12,000 projects in 111 countries, helping miners optimize operations, reduce risk, and achieve long-term success. Specializing in integrated, whole-of-mine solutions, AMC enables clients to choose the right strategy with confidence and deliver sustainable returns throughout the life of mine. AMC provides expert solutions in strategy development, mining studies, Mineral Resource and Ore / Mineral Reserve estimation and public reporting, technical consulting, and transaction and corporate services. AMC's comprehensive approach maximizes value, ensuring operational stability and supporting long-term growth for clients. Learn more at Qualified Persons Chris Harman, MAIG, Dr. Melissa Gregory MAIG, Brett Nielsen, MAIG, and Robert Chesher, FAusIMM of AMC Consultants Pty Ltd. are Qualified Persons as defined by National Instrument 43‐101 and have reviewed and approved the technical information referred to in this press release. For further information please contact: DLP RESOURCES Gendall, CEO & PresidentJim Stypula, Executive ChairmanRobin Sudo, Corporate Secretary and Land ManagerMaxwell Reinhart, Investor RelationsTelephone: 250-426-7808Email: iangendall@ jimstypula@ robinsudo@ Email: maxreinhart@ Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. CAUTIONARY NOTE TO US INVESTORS The technical and scientific information contained herein has been prepared in accordance with National Instrument 43‐101, which differs from the standards adopted by the U.S. Securities and Exchange Commission (the "SEC"). Accordingly, the technical and scientific information contained herein, including any estimates of mineral resources, may not be comparable to similar information disclosed by U.S. companies subject to the disclosure requirements of the SEC. To view the source version of this press release, please visit
Globe and Mail
04-04-2025
- Business
- Globe and Mail
Peak Minerals Ltd. Announces Name Change to Sranan Gold Corp. And New Trading Symbol
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Peak Minerals Ltd. (CSE: PEK) ("Peak" or the "Company") announces that it will change its name to "Sranan Gold Corp." effective after market close on April 7, 2025. The Company's common shares will begin trading on the Canadian Securities Exchange under the new name at the opening of market on April 8, 2025. In connection with the name change, the Company's trading symbol will be changed to "SRAN". The Company anticipates no interruptions to its trading activities as part of this change. The Company's ISIN and CUSIP numbers for the common shares will change to CA85238C1086 and 85238C108, respectively. There is no consolidation of the Company's share capital in connection with the name change and, as a result, certificates representing common shares of the Company will not be affected by the name change and shareholders will not be required to exchange their shares or take any other action. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued. The Company's CEO, Mr. Oscar Louzada stated, "We are excited to announce our new name as Sranan Gold to reflect our focus on gold exploration in Suriname. Sranan means Suriname in the local dialect. Suriname has seen a significant resurgence in exploration with the recent success of companies such as Founders Metals, Miata Metals and Greenheart Gold. We feel that the potential at our Tapanahony Project is on par with those of the other explorers in Suriname, based on the recent Lidar survey interpretation and the 4,000 meters of historical drilling which showed a highly mineralized system with grades of up to 39.3 grams per tonne gold. We anticipate a consistent news flow over the coming months as work is underway at site in preparation for the upcoming drill program." The Company's corporate presentation will be available on its new website at on April 8, 2025. Qualified Person Dr. Dennis J. LaPoint, Ph.D., a "qualified person" as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint has reviewed and verified the data disclosed in this release and no limitations were imposed on his verification process. About Peak Minerals Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Peak Minerals Ltd. is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. On Behalf of the Board of Directors Jonathan Yan Director Information Contact Oscar Louzada, CEO +31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
Associated Press
04-04-2025
- Business
- Associated Press
Northisle Announces Filing of NI43-101 Technical Report for North Island Project
VANCOUVER, British Columbia--(BUSINESS WIRE)--Apr 4, 2025-- Northisle Copper and Gold Inc. (TSX‐V: NCX) ('Northisle' or the 'Company') is pleased to announce that the Company has filed on SEDAR+ a technical report (the 'Report') prepared in accordance with National Instrument 43‐101 – Standards of Disclosure for Mineral Projects ('NI 43‐101') titled 'NI 43-101 Technical Report and Preliminary Economic Assessment' supporting the results of a Preliminary Economic Assessment (the '2025 PEA') on the Company's 100% owned North Island copper-gold project located in the north end of Vancouver Island, British Columbia (the 'North Island Project'). The results of the 2025 PEA were previously reported in the Company's news release dated February 19, 2025 and there are no material differences in the Report from those results. The effective date of the Report is February 12, 2025. 2025 PEA Highlights: The 2025 PEA outlines robust economics, unlocking copper value through gold Base Case: After-tax net present value ('NPV') of $2 billion (US$1.5 billion) at a 7% discount rate, after-tax internal rate of return ('IRR') of 29%, 1.9-year payback period and 29-year life of mine ('LOM') After-tax NPV of $3.8 billion (US$2.6 billion) at 7%, after-tax IRR of 45% and a 1.4-year payback at spot prices Phase 1 average annual production of 200,000 ozs Au and 48mm lbs Cu over 5 years, with 157 million lbs Cu Eq. or approx. 307,000 ozs Au Eq. LOM LOM revenue of 48% copper, 45% Au, and 7% Mo at Base Case prices, and 50% Au, 44% Cu and 6% Mo at spot Phase 1 operating cash flow of $2 billion at Base Case prices supports rapid payback of 1.9 years and fully funds Phase 2 expansion capex Among the lowest cost and capital intensity projects relative to peer group Two-phase approach at single plant site with Phase 1 at 40,000 tonnes per day ('tpd'), doubling to 80,000tpd NPV of $2.0 billion (US$1.5 billion) is 1.7 times initial capital investment of $1.1 billion (US$847 million) at Base Case pricing and 3.3 times initial capex at spot prices Phase 1 cash cost of US$763/oz Au Eq. or US$1.49/lb Cu Eq. sits in first quartile globally i Long-term opportunity spanning 35-kilometer porphyry district 29-year mine plan New discovery at West Goodspeed, located within 1km of Red Dog, not included in current resource $7 million fully funded exploration program focused on expanding higher margin and grade northwest corridor Furthers the Company's sustainable development goals Reduced emissions from Phase 1 operations, increased electrification opportunities Estimated LOM carbon intensity among the lowest in Canada for open pit copper mines ii Key performance indicators are summarized in Table 1 below. Table 1: 2025 Base Case Summary Project Metrics Project Stage Production AISC After- tax Avg. Free Cash Flow After- tax NPV (7%) After- tax IRR GHG Emissions (kg CO 2 /lb . ) Cu (mm lbs) Au (Koz) Cu Eq. (mm lbs) Au Eq. (Koz) Cu by- product (US$/lb) Au by- product (US$/oz) Cu Eq. (US$/lb) Au Eq. (US$/oz) $ mm $ mm % Cu Cu Eq. Phase 1 (first 5 years) average 48 200 151 294 $(3.23) $370 $1.83 $938 357 1,996 28.6 1.17 0.56 Life of mine ('LOM') average 75 137 157 307 $0.47 $93 $2.41 $1,232 199 Note: Cu Eq. based on Base Case metal prices and includes molybdenum and gold. See the Company's February 19, 2025 press release titled 'Northisle 2025 PEA Indicates 29% After-tax IRR and $2 billion NPV for Staged Development of the North Island Project'. The 2025 PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the projections described in the 2025 PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The full Report can be found under the Company's profile on SEDAR+ at or on the Company's website at The Company's previous technical reports are no longer current and should not be relied upon. Qualified Persons and Data Verification Ian Chang, Vice President Project Development of Northisle, and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release. Additionally, a team of independent Qualified Persons (as such term is defined under NI 43-101) at Ausenco, and Moose Mountain Technical Service, and SLR are responsible for the 2025 PEA and have reviewed the scientific and technical disclosure, and verified the data in this press release, including: Peter Mehrfert, of Ausenco is an independent Qualified Person responsible for process and recovery methods, infrastructure, market studies, contracts and economic analysis in the 2025 PEA. Ali Hooshiar, of Ausenco is an independent Qualified Person responsible for mine waste storage facilities in the 2025 PEA. Johnathan Cooper, of Ausenco is an independent Qualified Person responsible for water management in the 2025 PEA. Marc Schulte of Moose Mountain Technical Services ('MMTS') is an independent Qualified Person responsible for the open pit design, mine production schedule, waste rock storage facility and mine capital and operating cost estimates in the 2025 PEA. Sue Bird, of MMTS is an independent Qualified Person responsible for development of the Resource Estimate and completed the work related to the geological setting, deposit type, drilling, exploration work, sample preparation and analysis in the 2025 PEA. Stephan Theban, Dipl.-Ing., SME (RM), of SLR Consulting (Canada) Ltd. ('SLR') is an independent Qualified Person responsible for the environmental and permitting studies in the 2025 PEA. Rob Frizzell, of SLR is an independent Qualified Person responsible for the environmental, social and community timeline in the 2025 PEA. For more information on the data verification process, please refer to the full Report. About Northisle Northisle Copper and Gold Inc. is a Vancouver-based company whose mission is to become Canada's leading sustainable mineral resource company for the future. Northisle, through its 100% owned subsidiary North Island Mining Corp., owns the North Island Project, which is one of the most promising copper and gold porphyry projects in Canada. The North Island Project is located near Port Hardy, British Columbia on a more than 34,000-hectare block of mineral titles 100% owned by Northisle stretching 50 kilometers northwest from the now closed Island Copper Mine operated by BHP Billiton. Since 2021, the Company has discovered two significant deposits, expanded resources, demonstrated the economic potential of the project, and is now focused on accelerating the advancement of this compelling project while exploring within this highly prospective land package. For more information on Northisle please visit the Company's website at About Ausenco Ausenco is a global company redefining what's possible. The team is based across 26 offices in 15 countries delivering services worldwide. Combining deep technical expertise with a 30-year track record, Ausenco delivers innovative, value-add consulting studies, project delivery, asset operations and maintenance solutions to the minerals and metals and industrial sectors ( On behalf of Northisle Copper and Gold Inc. Cautionary Statements regarding Forward-Looking Information Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as 'may', 'should', 'anticipate', 'expect', 'intend' and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the 2024 Resource Estimate; plans and expectations regarding the 2025 exploration program; plans and expectations regarding future project development; growth potential and future financial or operating performance; timing of key catalysts; planned activities, including further drilling, at the North Island Project; anticipated mine life and exploration potential and activities at the North Island Project; timing and movement, if any, from Phase 1 into Phase 2; Northisle's ability to secure the permits and authorizations needed to construct and operate the North Island Project in a timely manner, if at all; plans and timing surrounding current and future baseline studies; ongoing support of the key stakeholders, including Quatsino, the Tlatlasikwala and the Kwakiutl; and the Company's plans for advancement of the North Island Project. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, Northisle's ability to implement its business strategies; risks associated with mineral exploration and production; risks associated with general economic conditions; adverse industry events; stakeholder engagement; marketing and transportation costs; loss of markets; volatility of commodity prices; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; industry and government regulation; changes in legislation, income tax and regulatory matters; competition; currency and interest rate fluctuations; and other risks. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions, or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release represent the expectations of management of Northisle as of the date of this news release, and, accordingly, are subject to change after such date. Northisle does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. i S&P Capital IQ Pro (2025). 2024 Modeled Cost + Production - Copper. Total Cash Cost includes onsite operating costs (including labour, energy, reagents), TCRC + shipping costs and royalties. ii Source: S&P Capital IQ Pro (2025). Mine Emission. Commodity: Copper. Retrieved from S&P Global Market Intelligence platform. Chief Financial Officer SOURCE: Northisle Copper and Gold Inc. Copyright Business Wire 2025. PUB: 04/04/2025 03:40 PM/DISC: 04/04/2025 03:40 PM
Associated Press
04-04-2025
- Business
- Associated Press
Peak Minerals Ltd. Announces Name Change to Sranan Gold Corp. And New Trading Symbol
Vancouver, British Columbia--(Newsfile Corp. - April 4, 2025) - Peak Minerals Ltd. (CSE: PEK) ('Peak' or the 'Company') announces that it will change its name to 'Sranan Gold Corp.' effective after market close on April 7, 2025. The Company's common shares will begin trading on the Canadian Securities Exchange under the new name at the opening of market on April 8, 2025. In connection with the name change, the Company's trading symbol will be changed to 'SRAN'. The Company anticipates no interruptions to its trading activities as part of this change. The Company's ISIN and CUSIP numbers for the common shares will change to CA85238C1086 and 85238C108, respectively. There is no consolidation of the Company's share capital in connection with the name change and, as a result, certificates representing common shares of the Company will not be affected by the name change and shareholders will not be required to exchange their shares or take any other action. Shareholders holding share certificates of the Company can request a replacement certificate, however new certificates are not required and will not be automatically issued. The Company's CEO, Mr. Oscar Louzada stated, 'We are excited to announce our new name as Sranan Gold to reflect our focus on gold exploration in Suriname. Sranan means Suriname in the local dialect. Suriname has seen a significant resurgence in exploration with the recent success of companies such as Founders Metals, Miata Metals and Greenheart Gold. We feel that the potential at our Tapanahony Project is on par with those of the other explorers in Suriname, based on the recent Lidar survey interpretation and the 4,000 meters of historical drilling which showed a highly mineralized system with grades of up to 39.3 grams per tonne gold. We anticipate a consistent news flow over the coming months as work is underway at site in preparation for the upcoming drill program.' The Company's corporate presentation will be available on its new website at on April 8, 2025. Qualified Person Dr. Dennis J. LaPoint, Ph.D., a 'qualified person' as defined under National Instrument 43‐101, has reviewed and approved the scientific and technical information in this release. Dr. LaPoint has reviewed and verified the data disclosed in this release and no limitations were imposed on his verification process. About Peak Minerals Peak Minerals Ltd. is engaged in the business of mineral exploration and the acquisition of mineral property assets in Suriname. The highly prospective Tapanahony Project is located in the heart of Suriname's modern-day gold rush. Tapanahony covers 29,000 hectares in one of the oldest and largest small-scale mining areas in Suriname. There is significant production from saprolite by local miners along a 4.5-kilometre trend, where several areas of mining have been opened. Peak Minerals Ltd. is also exploring its Aida Property consisting of five mineral claims covering an area of 2,335.42 hectares on the Shuswap Highland within the Kamloops Mining Division. On Behalf of the Board of Directors Jonathan Yan Director Information Contact Oscar Louzada, CEO +31 6 25438975 THE CANADIAN SECURITIES EXCHANGE HAS NOT APPROVED NOR DISAPPROVED THE CONTENT OF THIS PRESS RELEASE. Forward-looking statements Certain statements in this release constitute 'forward-looking statements' or 'forward-looking information' within the meaning of applicable securities laws including, without limitation, the timing, nature, scope and details regarding the Company's future exploration plans. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as 'may', 'would', 'could', 'will', 'intend', 'expect', 'believe', 'plan', 'anticipate', 'estimate', 'scheduled', 'forecast', 'predict' and other similar terminology, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. These statements reflect the company's current expectations regarding future events, performance and results and speak only as of the date of this release. Forward-looking statements and information contained herein are based on certain factors and assumptions regarding, among other things, the estimation of mineral resources and reserves, the realization of resource and reserve estimates, metal prices, taxation, the estimation, timing and amount of future exploration and development, capital and operating costs, the availability of financing, the receipt of regulatory approvals, environmental risks, title disputes and other matters. While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. The Company does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.
