Latest news with #TimBabcock
Yahoo
20-02-2025
- Business
- Yahoo
Hannan Recognized as Top 50 TSX Venture Exchange Company
VANCOUVER, BC / / February 20, 2025 / Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN)(OTC PINK:HANNF) is pleased to announce that Hannan has been recognized as one of the 2025 Top 50 mining companies on the TSX Venture Exchange (the "Exchange"). The 2025 Top 50 celebrates the strongest performance on the Exchange over the last year. Composed of 10 companies from each of five industry sectors, Mining, Energy, Clean Technology & Life Sciences, Diversified Industries and Technology. The ranking recognizes the strongest performance on the Exchange based on market capitalization, share price appreciation, and trading volume for the year ended December 31, 2024. Mr. Tim Babcock, President, TSX Venture Exchange, states: "The performance of the TSX Venture 50 underscores the strategic importance of Canadian natural resources and high-growth innovation. With heightened demand for critical minerals, energy security and transition, and advanced manufacturing, this year's TSX Venture 50 showcases how TSXV is empowering Canadian businesses to raise capital, scale operations, and contribute to a secure and prosperous future for Canada." Mr. Michael Hudson, Executive Chairman and CEO, Hannan Metals Ltd., states: "We are thrilled to be recognized as a Top 50 company within the TSX Venture Exchange. This recognition serves as a testament to the dedication and exceptional efforts of our team members. I would like to thank all supporters of our Company's vision who contributed to this achievement, as we advance on our aims to discover large copper and gold mineralizing systems in the new frontiers of Peru." About Hannan Metals Limited (TSXV:HAN) (OTC PINK:HANNF) Hannan Metals Limited is a resource and exploration company discovering and developing sustainable resources of metal needed to meet the transition to a low carbon economy. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Europe and Peru. Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release. On behalf of the Board, "Michael Hudson"Michael Hudson, Chairman & CEO Further - 1090 West Georgia St., Vancouver, BC, V6E 3V7Mariana Bermudez, Corporate Secretary, +1 (604) 685 9316, info@ Forward Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by 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. SOURCE: Hannan Metals Ltd. View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
19-02-2025
- Business
- Yahoo
Koryx Copper Recognized as a Top 50 TSX Venture Exchange Company
Based on 400% share price appreciation and 737% market capitalization growth in 2024 VANCOUVER, British Columbia, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ('Koryx' or the "Company") (TSX-V: KRY) is pleased to announce that it has been recognized as one of the 2025 top 50 performers on the TSX Venture Exchange ('TSXV'), based on an outstanding 400% share price appreciation and 737% market capitalization growth in 2024. The Company was ranked in the top 10 mining companies in the category. The 50 companies on the list delivered an average share price appreciation of 207% to investors in 2024, up from 121% in 2023 and 73% in 2022. In addition, the group holds a combined market capitalization of $21.7 billion—an increase of over $16 billion over the course of the year. The 2025 TSX Venture 50 showcases the top 50 of over 1,600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2024. More details can be found at the following link: Heye Daun, President & CEO of Koryx Copper commented: 'We are very proud to be recognized as a Top 50 TSX Venture Exchange Company for 2025, especially given the significant corporate restructure and re-positioning of the Company in 2024. This award is a testament to our team's experience and capabilities in execution, as we achieved 400% in share price appreciation and 737% in market cap growth in 2024. Looking forward to 2025, we are fully- funded and already executing on a transformative work program to fast track our flagship Haib Copper Project. We remain focused on continuing to de-risk and grow our assets while continuing to create value for shareholders.' Tim Babcock, President, TSX Venture Exchange commented, 'The performance of the TSX Venture 50 underscores the strategic importance of Canadian natural resources and high-growth innovation. With heightened demand for critical minerals, energy security and transition, and advanced manufacturing, this year's TSX Venture 50 showcases how TSXV is empowering Canadian businesses to raise capital, scale operations, and contribute to a secure and prosperous future for Canada.' About Koryx Copper Inc. Koryx Copper Inc. is a Canadian copper development Company focused on advancing its 100% owned Haib Copper Project in Namibia whilst also building a portfolio of copper exploration licenses in Zambia. Haib is a large, advanced (PEA-stage) copper/molybdenum porphyry deposit in southern Namibia with a long history of exploration and project development by multiple operators. More than 80,000m of drilling has been conducted at Haib since the 1970's with significant exploration programs led by companies including Falconbridge (1964), Rio Tinto (1975) and Teck (2014). Haib has a current mineral resource of 414Mt @ 0.35% Cu for 1,459Mt of contained copper in the Indicated category and 345Mt @ 0.33% Cu for 1136Mt of contained copper in the Inferred category (0.25% Cu cut-off). Various technical studies have been completed or are underway aiming to reposition Haib as a large, long-life, low-cost, low-risk open pit, sulphide flotation copper project with the potential for additional copper production from heap leaching. Mineralization at Haib is typical of a porphyry copper deposit and it is one of only a few examples of a paleoproterozoic porphyry copper deposit in the world and in southern Africa (both in Namibia). Due to its age, the deposit has been subjected to multiple metamorphic and deformation events but still retains many of the classic mineralization and alteration features typical of these deposits. The mineralization is dominantly chalcopyrite with minor bornite and chalcocite present and only minor secondary copper minerals at surface due to the arid environment. Further details are available on the Company's website at and under the Company's profile on SEDAR+ at More information is available by contacting the Company: Julia Becker Corporate Communications jbecker@ 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 Statement Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the use of proceeds from the Company's recently completed financings and the future or prospects of the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect ", "is expected ", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, other factors may cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company's most recent annual management discussion and analysis. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities in to access your portfolio
Associated Press
19-02-2025
- Business
- Associated Press
Luca Named to TSXV List of Top 50 Performing Companies
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) (FSE: Z68) ('Luca' or the 'Company') is pleased to announce that it has been included in the 2025 TSX Venture 50 TM list of top performing companies. To view an enhanced version of this graphic, please visit: TSX Venture 50 TM is an annual ranking of the top performing companies over the last year on the TSX Venture Exchange. The companies are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value. To view an enhanced version of this graphic, please visit: Dan Barnholden, CEO, commented, " We have delivered an approximate 77% increase in our share price over the course of 2024, and I'm pleased to see that this trend has continued into 2025. We appreciate the recognition by TSXV of our efforts at building shareholder value. We expect 2025 to be another transformative year for Luca as we continue to grow our production and cash flow and embark on exciting exploration programs at both of our operating mines.' Commenting on the TSX Venture 50 TM, Tim Babcock, President of the TSX Venture Exchange, said, " The performance of the TSX Venture 50 underscores the strategic importance of Canadian natural resources and high-growth innovation. With heightened demand for critical minerals, energy security and transition, and advanced manufacturing, this year's TSX Venture 50 showcases how TSXV is empowering Canadian businesses to raise capital, scale operations, and contribute to a secure and prosperous future for Canada. ' About Luca Mining Corp. Luca Mining (TSXV: LUCA) (OTCQX: LUCMF) (FSE: Z68) is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historic mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside. The Campo Morado polymetallic VMS mine is an underground operation located in Guerrero State. It produces copper-zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program which is already generating significant improvements in recoveries, grades, efficiencies, and cashflows. The Tahuehueto epithermal gold and silver mine is a new underground operation in Durango State. The Company is commissioning the Tahuehueto mill and expects to achieve commercial production in early 2025. On Behalf of the Board of Directors (signed) 'Dan Barnholden' Dan Barnholden, Chief Executive Officer Contact Information: Sophia Shane Director of Corporate Development [email protected] +1 604 306 6867 +1 604 306 6867 Glen Sandwell Corporate Communications Manager Cautionary Note Regarding Forward-Looking Statements It should be noted that Luca declared commercial production at Campo Morado prior to completing a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be cautioned that Luca's production decision has been made without a comprehensive feasibility study of established reserves such that there is greater risk and uncertainty as to future economic results from the Campo Morado mine and a higher technical risk of failure than would be the case if a feasibility study were completed and relied upon to make a production decision. Luca has completed a preliminary economic assessment ('PEA') mining study on the Campo Morado mine that provides a conceptual life of mine plan and a preliminary economic analysis based on the previously identified mineral resources (see news releases dated November 8, 2017, and April 4, 2018). Statements contained in this news release that are not historical facts are 'forward-looking information' or 'forward-looking statements' (collectively, 'Forward-Looking Information') within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding the Financings, the anticipated timing of closing thereof and the expected use of proceeds therefrom; and other possible events, conditions or financial performance that are based on assumptions about future economic conditions and courses of action; the timing and costs of future activities on the Company's properties, such as production rates and increases; success of exploration, development and bulk sample processing activities, and timing for processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be identified using words and phrases such as 'plans,' 'expects,' 'scheduled,' 'estimates,' 'forecasts,' 'intends,' 'anticipates' or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that all requisite approvals in respect of the Financings will be received, and all conditions precedent to completion of the Financings will be satisfied, in a timely manner; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved; the program to improve mining operations at Campo Morado will proceed as planned; the continuity of the price of gold and other metals, economic and political conditions, and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Neither 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.
Yahoo
19-02-2025
- Business
- Yahoo
Luca Named to TSXV List of Top 50 Performing Companies
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - Luca Mining Corp. (TSXV: LUCA) (OTCQX: LUCMF) (FSE: Z68) ("Luca" or the "Company") is pleased to announce that it has been included in the 2025 TSX Venture 50TM list of top performing companies. To view an enhanced version of this graphic, please visit: TSX Venture 50TM is an annual ranking of the top performing companies over the last year on the TSX Venture Exchange. The companies are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value. To view an enhanced version of this graphic, please visit: Dan Barnholden, CEO, commented, "We have delivered an approximate 77% increase in our share price over the course of 2024, and I'm pleased to see that this trend has continued into 2025. We appreciate the recognition by TSXV of our efforts at building shareholder value. We expect 2025 to be another transformative year for Luca as we continue to grow our production and cash flow and embark on exciting exploration programs at both of our operating mines." Commenting on the TSX Venture 50TM, Tim Babcock, President of the TSX Venture Exchange, said, "The performance of the TSX Venture 50 underscores the strategic importance of Canadian natural resources and high-growth innovation. With heightened demand for critical minerals, energy security and transition, and advanced manufacturing, this year's TSX Venture 50 showcases how TSXV is empowering Canadian businesses to raise capital, scale operations, and contribute to a secure and prosperous future for Canada." About Luca Mining Corp. Luca Mining (TSXV: LUCA) (OTCQX: LUCMF) (FSE: Z68) is a diversified Canadian mining company with two 100%-owned producing mines within the prolific Sierra Madre mineralized belt in Mexico which hosts numerous producing and historic mines along its trend. The Company produces gold, copper, zinc, silver and lead from these mines that each have considerable development and resource upside. The Campo Morado polymetallic VMS mine is an underground operation located in Guerrero State. It produces copper-zinc-lead concentrates with precious metals credits. It is currently undergoing an optimization program which is already generating significant improvements in recoveries, grades, efficiencies, and cashflows. The Tahuehueto epithermal gold and silver mine is a new underground operation in Durango State. The Company is commissioning the Tahuehueto mill and expects to achieve commercial production in early 2025. On Behalf of the Board of Directors(signed) "Dan Barnholden"Dan Barnholden, Chief Executive Officer Contact Information: Sophia ShaneDirector of Corporate Developmentsshane@ 604 306 6867 Glen SandwellCorporate Communications Managerir@ For more information, please visit: Cautionary Note Regarding Forward-Looking StatementsIt should be noted that Luca declared commercial production at Campo Morado prior to completing a feasibility study of mineral reserves demonstrating economic and technical viability. Accordingly, readers should be cautioned that Luca's production decision has been made without a comprehensive feasibility study of established reserves such that there is greater risk and uncertainty as to future economic results from the Campo Morado mine and a higher technical risk of failure than would be the case if a feasibility study were completed and relied upon to make a production decision. Luca has completed a preliminary economic assessment ("PEA") mining study on the Campo Morado mine that provides a conceptual life of mine plan and a preliminary economic analysis based on the previously identified mineral resources (see news releases dated November 8, 2017, and April 4, 2018). Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities laws. Forward Looking Information includes, but is not limited to, disclosure regarding the Financings, the anticipated timing of closing thereof and the expected use of proceeds therefrom; and other possible events, conditions or financial performance that are based on assumptions about future economic conditions and courses of action; the timing and costs of future activities on the Company's properties, such as production rates and increases; success of exploration, development and bulk sample processing activities, and timing for processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information can be identified using words and phrases such as "plans," "expects," "scheduled," "estimates," "forecasts," "intends," "anticipates" or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that all requisite approvals in respect of the Financings will be received, and all conditions precedent to completion of the Financings will be satisfied, in a timely manner; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved; the program to improve mining operations at Campo Morado will proceed as planned; the continuity of the price of gold and other metals, economic and political conditions, and operations. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Neither 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. To view the source version of this press release, please visit Sign in to access your portfolio
