Atico Mining Corp. today announced its financial results for the three months ended June 30, 2020 , posting income from mining operations of $4.1 million and a net income of $1.2 million. Fernando E. Ganoza, CEO and Director, commented, "The Company delivered strong financial results for the quarter even though we only sold one concentrate shipment for the period. For the second half of the year we anticipate three [...]
Atico Mining Corp. is pleased to report additional high grade drill results from its 10,000 meter drilling program on the La Plata property in Ecuador. Today’s results are from 3 holes completed in the South Block as the drill program continues to confirm and expand the La Plata mineralized footprint with bonanza grades gold & copper intercepts encountered within larger massive sulfides lenses. La Plata Drilling [...]
Atico Mining Corp. is pleased to announce three holes from its ongoing drill program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. These three holes are designed to target the South Block to test for possible continuity as well as mineralisation outside of the known envelope. Alain Bureau, President, commented: “Results are constantly showing the impressive high-grade nature of the [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2020 from its El Roble mine. Production for the quarter totaled 4.95 million pounds of copper and 2,733 ounces of gold in concentrates, an increase of 57% for copper and an increase of 29% for gold over the same period in 2019. “We are pleased to report production results in line with our 2020 objectives while the mine continued to [...]
Atico Mining is pleased to announce six holes from its ongoing drill program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. The present campaign has the objectives of completing the infill drilling on the La Mina resources as well as extending the mineralization outside of the known envelope. La Plata Drilling Highlights Include: Hole From To Interval Au Ag Cu Zn CMLP-20-98 385.35 [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2020 , posting loss from mining operations of $1.4 million and a net loss of $1.6 million. Fernando E. Ganoza, CEO and Director, commented, "Even though the mine operated within the Company's guidance and achieved planned concentrate production in the first quarter, the financials were negatively impacted by only one smaller [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2019, posting income from mining operations of $16.3 million and a net income of $6.9 million. Production for the year at Atico’s El Roble mine totaled 16.8 million pounds of copper and 10,480 ounces of gold in concentrate at a cash cost of $1.24 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "In 2019 [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2020 from its El Roble mine. Production for the quarter totaled 4.93 million pounds of copper and 2,736 ounces of gold in concentrates, an increase of 108% and 85% for copper and gold, respectively, over the same period in 2019. “The El Roble mine operated continuously under strict prevention protocols and newly implemented health [...]
Atico Mining Corp. is pleased to announce its exploration and development plans for 2020. The Company is presently mobilizing diamond drill rigs to La Plata project in Ecuador in preparation to start the exploration drill program in the following days. Concurrently, the drill program at El Roble project in Colombia has already begun. The Company is planning an aggressive 2020 drill campaign totaling approximately 20,000 [...]
Atico Mining Corp. is pleased to announce operating results for the three and twelve month periods ended December 31, 2019 from its El Roble mine. Production totaled 5.62 million pounds of copper with 3,492 ounces of gold for the fourth quarter and 16.85 million pounds of copper with 10,480 ounces of gold in concentrates for the full year 2019. “Atico has successfully concluded its sixth full year of operating the El [...]
Atico Mining Corp. is pleased to announce that it has repaid, in full, its outstanding CDN$1,347,875 first tranche of debenture facility payable to first debenture group holders. The Debenture Facility was assumed by the Company as a result of the Toachi acquisition in September 2019. In the following months, the Company plans to continue reducing all of the remaining debts assumed on the Acquisition, in accordance with [...]
Atico Mining Corp. is pleased to announce that it has repaid, in full, its outstanding USD$1,000,000 debt facility payable to Dundee Corporation. The Debt Facility was assumed by the Company as a result of the Toachi acquisition in September 2019. In the following months, the Company plans to continue reducing all of the remaining debts assumed on the Acquisition, in accordance with their respective terms. About Atico [...]
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