Atico Mining Corp. is pleased to announce that it has entered into an amendment and restatement agreement with Trafigura PTE. LTD. to amend the US$ 10 million credit agreement entered into with the Lender in February 2022 , by extending the maturity date of the credit facility from August 8, 2024, to July 31, 2026, with the following principal repayment schedule: US$ 650,000 due on January 31, 2025, and April 30, 2025 [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2024 from its El Roble mine. Production for the quarter totaled 3.73 million pounds of copper and 2,874 ounces of gold in concentrates, an increase of 33% for copper and 25% for gold, respectively, over the same period in 2023. "The El Roble mine continued to operate within set expectations for this quarter as we saw improvements in [...]
Atico Mining announces that pursuant to the Company's stock option plan, 2,346,811 incentive stock options exercisable at $0.165 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. Atico Mining is a growth-oriented Company, focused on exploring, developing and mining copper and gold projects in Latin America. The Company generates significant cash flow [...]
Atico Mining Corp. is pleased to announce the results of the Definitive Feasibility Study for its 100% owned La Plata Project located in Ecuador. The DFS was prepared in accordance with the National Instrument 43-101 Standards of Disclosure for Mineral Projects . Please note that all financial figures in this press release are in United States dollars, unless otherwise noted. Key Highlights: Initial Probable Mineral [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2024, posting income from mining operations of $2.8 million and a net loss of $0.4 million. Production for the period at Atico's El Roble mine totaled 3.3 million pounds of copper and 2,185 ounces of gold in concentrate at a cash cost of $2.57 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "the [...]
Atico Mining Corp. is pleased to report of an updated NI 43-101 mineral resource and reserve estimate as on March 12th 2024 for the El Roble Mine located in Colombia. "Our infill and mine vicinity exploration drilling at El Roble mine has yielded very good results intercepting additional high-grade mineralization in proximity to current mining activity. What is particularly exciting is that we still continue to intercept [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2024 from its El Roble mine. Production for the quarter totaled 3.34 million pounds of copper and 2,156 ounces of gold in concentrates, an increase of 44% for copper and a decrease of 16% for gold, respectively, over the same period in 2023. "The El Roble mine operated in line with set expectations for this quarter as we improved on [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2023, posting income from mining operations of $7.4 million and a net loss of $5.8 million. Production for the year at Atico's El Roble mine totaled 13.2 million pounds of copper and 10,149 ounces of gold in concentrate at a cash cost of $2.04 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "we had a [...]
Atico Mining Corp. is pleased to announce positive results for the latest 49 drill holes being carried out in an area of historical mining to expand tonnage at the El Roble mine. In addition, the Company reports the results for sixteen diamond drill core holes, which included 20.70m of 5.76% Cu, 4.46 g/t Au and 11.50m of 8.16% Cu, 8.09 g/t Au. Ore grade intercepts in another fourteen drill holes are also reported over [...]
Atico Mining Corp. is pleased to announce that it has signed, with the Government of Ecuador, an investment agreement for its 100% owned La Plata mining project located in Ecuador . During the Prospectors and Developers Association of Canada Convention in Toronto, Canada , and in alignment with his strategic initiative to foster the creation of high-quality employment opportunities for the youth and to entice responsible [...]
Atico Mining Corp. is pleased to announce additional positive results for the exploration program initiated in 2023 being carried out in an area of historical mining to expand tonnage at the El Roble mine. In addition, the Company reports the results for seven diamond drill core holes, which included 4.45m of 5.17% Cu, 10.47g/t Au and 4.90m of 9.35% Cu, 2.94 g/t Au. "We are pleased to report that our mine vicinity drill [...]
Atico Mining Corp. is pleased to announce operating results for the three- and twelve-month periods ended December 31, 2023 from its El Roble mine. Production totaled 4.37 million pounds of copper with 2,578 ounces of gold for the fourth quarter and 13.24 million pounds of copper with 10,149 ounces of gold in concentrates for the full year 2023. "Operationally the Company had a challenging first half of the year. The team [...]
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