Minera IRL Ltd. is pleased to announce that the Court of Arbitration presiding over the Company’s dispute with Corporación Financiera de Desarrollo has issued its Final Arbitration Award. The Court of Arbitration from the Arbitration Center of the Chamber of Commerce of Lima ruled in favor of the Company on five of the seven claims made by the Company in its Complaint, which was originally filed in June 2017 [...]
Minera IRL Ltd. is pleased to provide its financial and operating results for its second fiscal quarter ended 30 June 2019 , and a brief corporate update. During the Q2 2019, the Company reduced by 10% the all-in sustaining costs 1 per ounce of gold, from US$1,218 to US$1,092, and increased by 2% the amount of income and gold sold, reducing its losses before and after taxes compared to the second quarter of 2018 [...]
Minera IRL Ltd. is pleased to report that for the 12th consecutive year, the Company has celebrated Christmas with more than 5,000 children from 10 communities that neighbor Corihuarmi Gold Mine and flagship project Ollachea. "It is with great pleasure that we are able to continue the Company's annual tradition of sharing Christmas with our neighboring Communities who support our operations and also wish our shareholders [...]
LIMA, Perú, Dec. 10, 2018 -- Minera IRL Ltd. , , the Latin America gold mining company, is pleased to announce that it held its annual general meeting on 06 December 2018 in Vancouver, Canada and that the Company’s shareholders adopted all of the resolutions presented, receiving the annual financial statements, re-electing the two incumbent directors and re-appointing the incumbent auditor. Each of these [...]
Minera IRL Ltd. , , the Latin America gold mining company, is pleased to provide an update on the Company arbitration process against Corporación Financiera de Desarrollo – COFIDE. The Precautionary Measure granted by the Superior Court of Justice of Lima and ratified by the Arbitration Panel, which prevents COFIDE from collecting the US$70 million Bridge Loan debt or executing its payment guarantees, remains [...]
LIMA, Peru, July 05, 2018 -- Minera IRL Ltd. , , the Latin American gold mining company, is pleased to report that it has filed on SEDAR a new Technical Report for the Corihuarmi Mine prepared by Mining Plus Consultants in accordance with Canada’s National Instrument 43-101. In a news release disseminated on May 2, 2018, the Company announced completion of the report and the extension of the mine life at Corihuarmi [...]
LIMA, Peru, May 02, 2018 -- Minera IRL Ltd. , , the Latin America gold mining company, is pleased to report that Mining Plus has completed a new Technical Report for the Corihuarmi Mine. This report replaces a previous Technical Report filed on SEDAR on October 2, 2017. The Mining Plus report estimates a mineral reserve at Corihuarmi, in accordance with the definitions and guidelines adopted by the Canadian Institute of [...]
LIMA, Peru, April 20, 2018 -- Minera IRL Ltd. , , the Latin America gold mining company, is pleased to provide an update on the COFIDE arbitration pending before the Chamber of Commerce of Lima, a program at its Corihuarmi mine initiated in an effort to minimize production costs, and the status of the new technical report being prepared by Mining Plus. In the arbitration, the Company has filed its statement of claim on [...]
LIMA, Peru, April 13, 2018 -- Minera IRL Ltd. , , the Latin America gold mining company, is pleased to announce highlights from its annual report for the year ended 31 December 2017, which has been filed on SEDAR. 2017 Highlights: Financial Gold sales of 24,536 ounces at an average realized gold price of $1,253 per ounce . Revenue of $30.7 million, . Gross profit of $7.6 million . Profit before tax of $0.8 million . After [...]
LIMA, Peru, March 09, 2018 -- Minera IRL announces that the National Instrument 43-101 Technical Report for the Corihuarmi Mine filed by it on SEDAR on October 2, 2017 , does not comply with the requirements of National Instrument 43-101, Standards of Disclosure for Mineral Projects, and should not be relied upon. By way of background, the Company issued a news release on October 2, 2017 announcing that the Report [...]
Minera IRL Ltd. is pleased to announce that it has once again held Christmas parties for the communities surrounding its producing Corihuarmi mine and its flagship Ollachea project, with over 5,000 children in attendance. "We take great pleasure in continuing this eleven year tradition and our wonderful relationship with our neighbors in these communities. Their support contributes to our own corporate morale, providing [...]
Minera IRL Ltd. is pleased to announce that it held its annual general meeting on 07 December 2017 in Vancouver, Canada and that the Company's shareholders adopted all of the resolutions presented, receiving the annual financial statements, re-electing all of the incumbent directors and re-appointing the incumbent auditor. Gerardo Perez, Executive Chairman of Minera IRL said that "We are delighted with the strong support [...]
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