Atico Mining Corp. today announced its financial results for the three months ended September 30, 2020 , posting income from mining operations of $5.0 million and a net income of $1.9 million. Fernando E. Ganoza, CEO and Director, commented, "We are pleased to report strong financial results despite selling only one concentrate shipment in the period. These results are a good reflection of the current strong metal price [...]
Atico Mining Corp. is pleased to update its shareholders on the positive advances of its drilling program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. La Plata Drilling Highlights Include: Hole From To Interval Au Ag Cu Zn CMLP-20-109* 296.77 301.8 5.02 11.46 177.26 0.83 8.10 and 306.89 311.4 4.53 1.59 26.61 3.17 7.08 CMLP-20-136 123.32 138.2 7.38 4.43 60.24 3.76 6.32 CMLP-20-137 [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2020 from its El Roble mine. Production for the quarter totaled 5.55 million pounds of copper and 2,487 ounces of gold in concentrates, a decrease of 3% for copper and 25% for gold over the same period in 2019. “The production results for the quarter were mostly in line with our 2020 objectives while the mine continued to operate [...]
Atico Mining announces that pursuant to the Company's stock option plan, 2,664,982 incentive stock options exercisable at $0.48 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. About Atico Mining Corporation Atico is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates [...]
Atico Mining Corp. is pleased to announce that it has entered into a USD $2.5 million term loan from Export Development Canada . The Facility will provide the Company with enhanced financial flexibility and contribute towards completion of the new dry stack tailings project. Fernando E. Ganoza, CEO, commented: "After evaluating a number of different programs and an extensive due diligence process, we are extremely pleased [...]
Atico Mining Corp. is pleased to announce results of the first six holes from its North Block drill program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. These holes have significant implications as numerous holes have reported wider intercepts than the anticipated mineralized zone included in the initial mineral resource polygon of the North block. La Plata Drilling Highlights [...]
Atico Mining Corp. is pleased to provide an update on the ongoing feasibility study on the La Plata project while pursuing its 2020 and 2021 exploration programs. The Project has strong support from the Government of Ecuador as part of the “second generation” priority projects necessary for the nation’s economic development. Atico is also pleased to inform that it has hired G Mining Services, with offices in Canada and [...]
Atico Mining Corp. is pleased to announce results of the latest five holes from its drill program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. These five holes are still part of the ongoing campaign targeting the south block to test for possible continuity as well as mineralisation outside of the known envelope. La Plata Drilling Highlights Include: Hole From To Interval Au Ag Cu [...]
Atico Mining Corp. is pleased to inform that the Company officially entered into an inter-institutional cooperation agreement between CNEL, the Ecuadorian National Electrical Company and its Ecuadorean subsidiary Compañía Minera La Plata S.A. The Company continues to advance the La Plata permitting process while in parallel advancing different aspects of required work to complete the planned feasibility study. As a major [...]
OTC Markets Group Inc. , operator of financial markets for 10,000 U.S. and global securities, today announced Atico Mining Corp. , a Canadian-based company focused on developing and operating copper-gold projects in Latin America, has qualified to trade on the OTCQX® Best Market. Atico Mining Corp. upgraded to OTCQX from the Pink® market. Atico Mining Corp. begins trading today on OTCQX under the symbol "ATCMF." U.S [...]
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 [...]