Atico Mining Corp.

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 [...]

Atico Mining Corp. today announced its financial results for the three months ended September 30, 2019 , posting income from mining operations of $2.5 million and a net loss of $0.3 million. Fernando E. Ganoza, CEO and Director, commented, "This quarter we had record production and achieved a very competitive all-in sustaining cash cost of $1.52. Unfortunately, these achievements did not reflect in the financial results [...]

Atico Mining Corp. announces its operating results for the three months ended September 30, 2019 from its El Roble mine. Production for the quarter totaled 5.71 million pounds of copper and 3,320 ounces of gold in concentrates, an increase of 7% for copper and 10% for gold, respectively, over the same period in 2018. “We are pleased to report a strong quarter of metal production at the El Roble mine, as the [...]

Atico Mining announces that pursuant to the Company's stock option plan, 1,445,259 incentive stock options exercisable at $0.335 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 operates [...]

Atico Mining Corp. and Toachi Mining Inc. are pleased to announce that Atico has completed the previously announced acquisition of all of the issued and outstanding shares of Toachi by way of a plan of arrangement . The Arrangement was approved by the Ontario Superior Court of Justice in its final order dated September 9, 2019. The Arrangement was completed pursuant to the Canada Business Corporations Act. Pursuant to the [...]

Toachi Mining Inc. announces that its shareholders have approved the acquisition by Atico Mining Corp. of all of its issued and outstanding shares by way of a plan of arrangement under section 192 of the Canada Business Corporations Act to create a new Latin American focused copper-gold Company. At a special meeting of Toachi’s shareholders held yesterday, the Arrangement was approved by 99.998% of the votes cast by [...]

Atico Mining Corp. today announced its financial results for the three months ended June 30, 2019, posting income from mining operations of $0.3 million and a net loss of $0.4 million. Fernando E. Ganoza, CEO and Director, commented, “The union negotiations which led to a strike at the El Roble mine limited our ability to deliver on operational and financial objectives for the quarter. Despite the limited amount of [...]