Atico Mining Corp. is pleased to announce that the Ministry of Energy and Mines of Ecuador, through the Central Coordination Zone, has authorized the extension period for the La Plata mining concession. This new period of validity for the concession is extended until 2049. This time frame will allow for the advancement of engineering activities, construction, operation, and closure of mining operations within the [...]
Atico Mining Corp. reports a significant development in Ecuadorian environmental regulation, positively impacting our operations and those of other productive projects nationwide. On November 17 2023, the Ecuadorian Constitutional Court ruled on the unconstitutionality of Executive Decree 754, regarding the Environmental Consultation Process for national projects. However, the CC has decided to maintain the decree in [...]
Atico Mining Corp. is pleased to announce that the brownfield exploration program being carried out in an area of historical mining to expand tonnage and extend mine life at the El Roble mine has continued to returned positive results. In addition, the Company reports the results for five diamond drill core holes targeting the main massive sulfide body Cuerpo Principal and several adjacent lenses called Cuerpos Norte [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2023, posting a net loss of $1.1 million. Production for the period at Atico's El Roble mine totaled 3.8 million pounds of copper and 2,724 ounces of gold in concentrate at a cash cost of $1.97 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "During the quarter we saw a significant improvement in [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2023 from its El Roble mine. Production for the quarter totaled 3.80 million pounds of copper and 2,537 ounces of gold in concentrates. "Production results for the period have significantly improved when compared to the first two quarters of the year as the overall operational steady state-run rate was again achieved. We anticipate [...]
Atico Mining Corp. today announced its financial results for the three months ended June 30, 2023, posting a net gain of $0.1 million. Production for the period at Atico's El Roble mine totaled 2.8 million pounds of copper and 2,294 ounces of gold in concentrate at a cash cost of $2.22 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "As the overall production results improved over the [...]
Atico Mining Corp. reports that the highest body of constitutional justice provisionally suspends the Executive Decree No 754 issued earlier in the year. Government of Ecuador, through the Ministry of Environment, waters and ecological transition , qualified this order as unacceptable and along with the representatives of the Civil Society will present its counter argument within 15 working days to support the [...]
Atico Mining Corp. announces its operating results for the three months ended June 30, 2023 from its El Roble mine. Production for the quarter totaled 2.80 million pounds of copper and 2,294 ounces of gold in concentrates, a decrease of 22% for copper and 18% for gold, over the same period in 2022. "The El Roble mine continued to show improvement for the period in terms of both processed tones and increase in head grades [...]
Atico Mining Corp. is pleased to announce additional positive results for the exploration program 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 12.0m of 8.50% Cu, 7.23g/t Au and 7.80m of 4.71% Cu and 7.24g/t Au. "We are pleased to report that our mine vicinity drill campaign [...]
Atico Mining Corp. is pleased to announce that prior to the commencement of the Public Consultation on the La Plata project in Ecuador, the Canadian Ambassador to Ecuador, his Excellency Stephen Potter, and Tania Vasquez, Governor of Cotopaxi province, have reiterated their support for the La Plata Project, a project wholly owned by Atico Mining Corp.. The Delegation had the opportunity to witness the project's commitment [...]
Atico Mining Corp. is pleased to announce that on May 31, 2023, Ecuador's President, Guillermo Lasso Mendoza, signed an environmental consultation decree starting an important and last environmental permitting milestone for the construction of the La Plata project in Ecuador. The decree introduces a new process of citizen participation in the environmental studies completed on La Plata project while at the same time [...]
Atico Mining Corp. is pleased to announce that the initial exploration program being carried out in an area of historical mining to expand tonnage at the El Roble mine has returned positive initial results. In addition, the Company reports the results for five diamond drill core holes , which included 24.3m of 3.70% copper and 8.40g/t gold and 31.8m of 3.40% copper and 2.01g/t gold, respectively. "We are pleased to report [...]
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