Altaley Mining is pleased to announce a proposed change of the Company’s name to Luca Mining Corporation, and the negotiation of debt settlement agreements with several lenders. The Board of Directors has recommended and authorized a change of the Company’s name to Luca Mining Corporation. The Company plans to change its TSX Venture and OTCQX ticker symbol to “LUCA”. The timing of the name change, ticker symbol change and [...]
Altaley Mining Corp. announces that it has amended a marketing agreement with Peak Investor Marketing originally dated December 3, 2021. By mutual agreement Altaley and Peak suspended the Agreement effective September 23, 2022. At that time a total of C$36,000 of past due fees were outstanding and payable to Peak by Altaley. On January 5, 2023, by mutual agreement the suspension of the Agreement was lifted and would [...]
Altaley Mining Corp. is pleased to provide an update on its operations plans for 2023. Following a change in management in September 2022 the Company has focused on developing robust plans for each site for 2023, and as a consequence the Company expects a strong performance this year. Changes to strengthen the organization at the Tahuehueto Gold Mine Project in Durango are underway - a new consulting Construction Manager [...]
Altaley Mining Corp. is pleased to announce the appointment of Mr. Erick Underwood as the company's new Chief Financial Officer. Mr. Underwood will commence his role with the Company on 1st February 2023. Mr. Underwood has over 25 years of experience in corporate development, business planning and analysis, treasury, and accounting for the mining industry, including 14 years based in Chile and Peru. He is currently CFO [...]
Altaley Mining Corp. is pleased to provide the following update on its pre-production efforts during mill commissioning at its Tahuehueto Gold Mine Project. Tahuehueto is currently operating one ball mill in a commissioning phase, as part of the initial 500tpd project, producing precious metals-rich, commercial grade lead and zinc concentrates. All the associated production systems are operating satisfactorily, and [...]
Altaley Mining Corp. is pleased to provide an update on the status of the Company's operations and projects, and corporate matters. CEO Update On 12th September 2022 the Company announced the appointment of Mr. Mike Struthers as the new CEO for Altaley. Mr. Struthers is a seasoned professional and Chartered Engineer with over 40 years of international mining experience, starting in operations in Africa and Australia [...]
Altaley Mining Corp. announces that the Company's Board of Directors has approved a consolidation of the Company's issued share capital on a ratio of one new post-consolidated common share for every eight old pre-consolidated common shares . The Consolidation is subject to approval by the TSX Venture Exchange . The Company is also pleased to announce it will be making a rights offering on a post-Consolidation basis in [...]
Altaley Mining Corp. Further to its news release dated June 27, 2022, the Company is advised that Mr. Roberto Guzman Garcia has filed a renewed Form 45-102F1 - Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 - Resale of Securities, since the forms previously filed on June 24, 2022 and July 29, 2022, have expired. The contents of Form 45-102F1 remain unchanged having not yet completed any sale [...]
Altaley Mining Corp. is pleased to announce the release of its Q2 2022 financial results. Q2 2022 Financials Campo Morado Mine During the three months ended June 30, 2022, Campo Morado produced 8,603 tonnes of zinc concentrate grading an average of 45% zinc, 1.73 g/t gold, 404 g/t silver and sold 8,194 tonnes generating Q2-2022 revenue from zinc concentrate of US$9.02 million. In May 2022, the mine began producing copper [...]
Altaley Mining Corp. Further to its news release dated June 27, 2022, the Company is advised that Mr. Roberto Guzman Garcia has filed a renewed Form 45-102F1 - Notice of Intention to Distribute Securities under Section 2.8 of NI 45-102 - Resale of Securities, since the form previously filed on June 24, 2022, has expired. The contents of Form 45-102F1 remain unchanged having not yet completed any sale of securities under [...]
Altaley Mining Corp. is pleased to update shareholders on the commissioning, pre-production, and construction progress at its Tahuehueto Gold Mine. The operations team have been diligently resolving various start-up issues related to the water supply pipeline and mill commissioning and, over the past week have successfully achieved ongoing pre-production with the 1st 500 tpd ball mill. Recently, processing has been [...]
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