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 [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2023, posting a net loss of $0.5 million. Production for the period at Atico's El Roble mine totaled 2.3 million pounds of copper and 2,553 ounces of gold in concentrate at a cash cost of $2.20 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "Lower grade and throughput than planned for this period [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2022 from its El Roble mine. Production for the quarter totaled 2.32 million pounds of copper and 2,566 ounces of gold in concentrates, a decrease of 51% and 3% for copper and gold, respectively, over the same period in 2022. "At the El Roble mine we had a lower than usual copper head grade and output for the quarter as the mine plan [...]
Atico Mining announces that pursuant to the Company's stock option plan, 1,913,936 incentive stock options exercisable at $0.205 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. today announced its financial results for the year ended December 31, 2022, posting income from mining operations of $16.0 million and a net loss of $3.4 million. Production for the year at Atico's El Roble mine totaled 15.0 million pounds of copper and 11,213 ounces of gold in concentrate at a cash cost of $1.47 per payable pound of copper. Fernando E. Ganoza, CEO and Director, commented, "Lower [...]
Atico Mining Corp. is pleased to announce an update on the exploration program and the start of regional exploration drilling at the El Roble property in Colombia. A strategic review of historical and recent exploration programs has defined high priority targets within the favorable stratigraphy that hosts the currently producing high grade Cu/Au VMS El Roble mine. The data review highlighted strong evidence of a second [...]