Teck Resources Limited’s Post

Royalty Relief for Nickel Industry Great to be with WA Minister for Mines David Michael to announce the 'Nickel Financial Assistance Program' today. While it's no immediate fix, a 50 per cent royalty relief over 18 months is a welcomed measure for a nickel industry under immense pressure. AMEC Chief Executive, Warren Pearce said, “Commonwealth support and incentives are also required to safeguard the industry and ensure thousands more jobs are not lost, because if we can’t hold onto our established value adding industries, what chance do we have of developing new value adding projects?” Minister Michael added, “It’s important that they are supported to weather the storm of current market conditions, so they can be part of ongoing and future efforts to decarbonise the globe." AMEC will continue to work with member companies, industry, and both State and Federal Governments, to find the right mix to guide us through these turbulent times. Read full release here: https://ow.ly/bZZj50QEmR5

Out with the old, in with the new! Say goodbye to Excel struggles in tenement management. Upgrade to PX4 for a seamless and efficient experience in 2024! #miningandexploration #mininginaustralia #tenementmanagement #tenementmanagementsoftware #px4software #px4resources #tenementmanagementtools #tenementmanagementresources

The Murchison Gold Project delivers a robust financial outcome, paying back start-up capital ($44M including contingency) in eight months post commissioning, delivering post-tax net cash flows of $348M, post-tax NPV8% of $202M and a post-tax IRR of 84% over the initial 9-year DFS production plan using a $3,250/oz gold price. Using the May 2024 spot #gold price of $3,500/oz the Project outcomes are even more substantial with payback in seven months, post-tax net cash flows of $413M, post-tax net NPV8% of $244M and a post-tax IRR of 100%. The financial model is based on recommissioning the existing Andy Well processing plant and assumes tax losses held by Meeka Metals Limited at the end of December 2023 of $30M. Learn more: https://loom.ly/3GSXVmA #MEK #MeekaMetals #ASX

Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) is pleased to announce that it has closed its previously announced non-brokered private placement, raising gross proceeds of approximately $4.145 million through the issuance of 29.6 million units at a price of $0.14 per Unit. Each Unit consists of one common share in the capital of the Company and one-quarter of one common share purchase warrant. Each whole Warrant is exercisable at a price of $0.21 for a period of 60 months following the closing of the Offering. All securities issued in connection with the Offering are subject to a four-month and one-day hold period in accordance with the rules of the Toronto Stock Exchange, and applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws. The Offering remains subject to the final approval of the TSX. The gross proceeds from the sale of the Units will be used by the Company to fund exploration and development activities, which include, but are not limited to permitting, community consultations and technical studies to support these activities towards advancing the Goliath Gold Complex and for working capital and general corporate purposes. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended, U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. Certain https://lnkd.in/gdsFGbVr

Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) is pleased to announce that it has closed its previously announced non-brokered private placement, raising gross proceeds of approximately $4.145 million through the issuance of 29.6 million units at a price of $0.14 per Unit. Each Unit consists of one common share in the capital of the Company and one-quarter of one common share purchase warrant. Each whole Warrant is exercisable at a price of $0.21 for a period of 60 months following the closing of the Offering. All securities issued in connection with the Offering are subject to a four-month and one-day hold period in accordance with the rules of the Toronto Stock Exchange, and applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws. The Offering remains subject to the final approval of the TSX. The gross proceeds from the sale of the Units will be used by the Company to fund exploration and development activities, which include, but are not limited to permitting, community consultations and technical studies to support these activities towards advancing the Goliath Gold Complex and for working capital and general corporate purposes. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended, U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. Certain https://lnkd.in/gdsFGbVr

MINES OWNERS FUNDING We are funding In ground assets NI43-101 technical reports Asset monetisation What does the miner have

CEO of Loncor Gold, John Barker, sat down with CEO.CA 🔺 during #PDAC2024. Watch the full interview here to learn more about Loncor Gold’s significant deposit, great location, and low valuation vs its peer group. #Gold #Invest #GoldStocks #Investing #PDAC #TSX #LN #Investment #Investor

Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) is pleased to announce that it has closed its previously announced non-brokered private placement, raising gross proceeds of approximately $4.145 million through the issuance of 29.6 million units at a price of $0.14 per Unit. Each Unit consists of one common share in the capital of the Company and one-quarter of one common share purchase warrant. Each whole Warrant is exercisable at a price of $0.21 for a period of 60 months following the closing of the Offering. All securities issued in connection with the Offering are subject to a four-month and one-day hold period in accordance with the rules of the Toronto Stock Exchange, and applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws. The Offering remains subject to the final approval of the TSX. The gross proceeds from the sale of the Units will be used by the Company to fund exploration and development activities, which include, but are not limited to permitting, community consultations and technical studies to support these activities towards advancing the Goliath Gold Complex and for working capital and general corporate purposes. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities to be offered have not been and will not be registered under the United States Securities Act of 1933, as amended, U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. Certain https://lnkd.in/gFavHUM9

We are pleased to announce a binding agreement to sell our residual Golden Range camp assets to Fenix Resources Limited for A$2 million. This strategic move unlocks capital for our ongoing exploration drilling in the highly prospective 25km-long ‘Golden Corridor’.   The transaction, set to be completed on 5 August 2024, allows us to retain the first right of refusal to repurchase the camp and ensures that we maintain the operational support necessary for our regional activities. This is a winning outcome, providing significant cash for value-adding exploration while avoiding unnecessary duplicative camp construction.   Our Managing Director and CEO, Dr. Amanda Buckingham, commented: “This sale unlocks capital for Warriedar while also maintaining the operational support we require for our regional explorational activities. The transaction provides us with significant additional cash for value-adding exploration via the sale of a highly underutilised asset,”   Stay tuned for more updates as we continue to explore and develop our Golden Corridor! 🌟 Read the full announcement here: https://bit.ly/46eLuv6   #WarriedarResources #WA8 #GoldExploration #MiningUpdates #ASX #Gold #WesternAustralia

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