Proactive’s Post

Cordoba Minerals Corp. CEO Sarah Armstrong-Montoya joined Steve Darling from Proactive to discuss the company's significant milestones as the company gas achieved remarkable progress, with a particular focus on the Alacran project. One of the standout achievements is the completion of a feasibility study for the Alacran project, revealing impressive financial metrics. The project boasts a $360 million after-tax Net Present Value (NPV) at an 8% discount rate, a robust 23.8% Internal Rate of Return (IRR), and a rapid three-year payback period. This underscores the project's economic viability and attractiveness to investors. The Alacran project is designed as a conventional open-pit mine with a substantial 14.2-year lifespan. It is expected to yield annual #copper production at 75%, #gold at 22%, and a 3% #silver credit, with low cash costs, making it a valuable addition to Cordoba Minerals' portfolio. In terms of permitting and financing, #CordobaMinerals has made significant strides. The company has filed the necessary permits with the Colombian government, a crucial step in advancing the project. Additionally, they have secured a $40 million tranche from its partners, enhancing their financial stability and capacity to move forward with the project. Detailed engineering and community-focused initiatives are also on the company's agenda for 2024, highlighting their commitment to responsible and sustainable mining practices. These efforts underscore Cordoba Minerals' dedication to operating in harmony with local communities and the environment. Watch at #Proactive #ProactiveInvestors #TSXV #OTCQB #CDB #CDBMF https://ow.ly/jEzk50QqqJW

Aruma Resources Ltd (ASX:AAJ) managing director Glenn Grayson speaks with Proactive’s Jonathan Jackson about the optimism surrounding the company’s newly acquired Bortala #Copper Project in Queensland’s Mt Isa copper belt. An initial review has identified several promising areas for copper-gold mineralisation with these targets found in favourable geological, structural and geophysical settings. Historical exploration at R9 target produced results of up to 1.9 g/t #gold in rock chips and various drilling outcomes, including 18 metres at 0.18% #copper, 2 metres at 0.25 g/t gold, 4 metres at 0.36% #lead and 5 metres at 0.44% #zinc. Watch at #Proactive #ProactiveInvestors #MiningAustralia #GoldMining #CopperMining https://lnkd.in/ewxY9uVq

Great Quest Expands with Namibian Gold and Lithium - TipRanks: Great Quest Expands with Namibian Gold and Lithium  TipRanks

Toubani Resources Ltd (ASX:TRE) CEO Phil Russo sits down with Proactive's Jonathan Jackson to talk through the high-grade oxide #gold intersections from infill drilling at the 2.4-million-ounce Kobada Gold Project in Mali. The company highlighted a significant find with a screen fire assay of 2 metres at 178 g/t gold within a broader 19-metre intersection averaging 20 g/t from a depth of 105 metres. These results are instrumental for Toubani in converting the Kobada deposit to higher JORC-compliant confidence levels, potentially delineating higher grade zones within the deposit. Russo noted the program’s role in derisking and enhancing the value of the Kobada deposit and expressed satisfaction with the results, which align with the company’s goals of confirming significant widths and grades. Watch at #Proactive #ProactiveInvestors #ASX #TRE #goldexploration #asxsmallcaps https://lnkd.in/emTzN2Je

As announced on November 29th, the "Technical Report on the Yuge Property, Humboldt County, Nevada" report is now filed on SEDAR and can also be found on our website. Click to access this document and its findings. 📝 👉 https://lnkd.in/ghkAR4Av #goldmining #mining #geology

Chilwa Minerals has received the initial rare earth element assay results from the ongoing sonic drill program at the Mposa deposit, part of the Chilwa Project in southeast Malawi. The sonic drill program is predominantly planned for the assessment of the heavy #mineralsands potential of the project. During early tests to determine the depth to basement, up to 40m of clays were identified below the mineral sands horizon. Subsequent follow up analysis is currently underway to assess the presence of the #REEs that were not analysed for, as well as to understand the mineralogy and distribution of the REEs in the Mposa HMS deposit. Discover more: https://loom.ly/FTdcwdk #ChilwaMinerals #ASX

Titan Minerals Ltd (ASX:TTM) (OTC:TTTNF) CEO Melanie Leighton joins Proactive’s Meagan Evans to discuss the expanded gold footprint of Titan’s Dynasty Gold Project in southern Ecuador through soil geochemistry and geological mapping. The company has identified a larger #gold footprint, extending an additional 2 kilometres over the Gap Zone, where epithermal gold veining has been confirmed, suggesting a potentially large system from Iguana to Trapichillo prospects that remains undrilled. Explorative mapping at the Gisell #copper target has revealed argillic and phyllic alteration and A-type veins, confirming it as a new porphyry copper discovery, with further trenching results expected soon. Leighton highlighted the discovery of multiple new gold and copper targets through dedicated exploration, aiming to grow the existing 3.1-million-ounce gold and 22-million-ounce silver resource. Watch at #Proactive #ProactiveInvestors #CopperMining #GoldMining https://lnkd.in/erdCHdhg

Deepest Mine: The Mponeng Gold Mine in South Africa is the world's deepest mine, reaching depths of around 4 kilometers (2.5 miles) below the Earth's surface.

Koryx Copper intersects 72 metres of 0.38% CuEq; 80 metres of 0.34% CuEq at Haib Copper Project, Namibia - https://lnkd.in/gnPZb7K6