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 [...]
Couloir Capital is Pleased to Announce it has Published a New Research Note on Altaley Mining Corp. . The report is titled, "Emerging Mexican Base Metal and Precious Metal Producer Bringing 2nd Mine Online." Report excerpt: "ATLY is an emerging Mexican precious and base metals producer that is currently advancing its second mine Tahuehueto into production. The company has a track record of operating in the country having [...]
Altaley Mining Corp. is pleased to announce that it has closed the final tranche of its non-brokered private placement previously announced on March 17, 2022 and has released its Q1 2022 financial results. Private Placement The Company has closed a Final Tranche and issued 2,169,418 units at a price of $0.35 per Unit for gross proceeds of $759,296.30. In total, the Company issued 14,285,714 Units at a price of $0.35 per [...]
Altaley Mining Corp. is excited to announce that the Company has initiated pre-production mining and mill commissioning operations at its Tahuehueto Gold Mine in Durango, Mexico. Construction efforts at the mine site have advanced to allow the startup and commission of one ball mill capable of processing up to 500 tpd. "I am very excited to see Tahuehueto commencing pre-production activities and look forward with [...]
Altaley Mining Corp. is pleased to announce the SEDAR filing of its audited consolidated financial statements and management discussion & analysis for the year ended December 31, 2021. 2021 Financial Highlights 121% increase in gross revenues to $98.4M Mine operating profit increased to $34.2M from a 2020 loss of $138K Basic earnings per share of $0.15 Positive net income of $36.2M, up from the previous year's loss of [...]
Altaley Mining Corp. is pleased to announce that it has filed an updated technical report, including a Preliminary Feasibility Study , for its Tahuehueto Project in Durango, Mexico. on the System for Electronic Document Analysis and Retrieval at www.sedar.com in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects and in accordance with Canadian Institute Mining's Best Practice [...]
Altaley Mining Corp. announces that it has closed a first tranche of its non-brokered private placement financing for gross proceeds of $4,240,703.60 on the issuance of 12,116,296 Units at $0.35 per Unit. Each Unit consists of one common share of the Company and one half of one transferable share purchase warrant . Each Warrant entitles the holder thereof to acquire one additional common share at a price of CAD $0.55 per [...]
Altaley Mining Corp. announces that it intends to conduct a non-brokered private placement financing to raise gross proceeds of up to Cdn$5 million for working capital purposes related to the start-up of preproduction mining and milling operations at its 100% owned Tahuehueto Mine. The Company is also pleased to announce that it has retained Arrowhead Business and Investment Decisions, LLC. to provide investor relations [...]
Altaley Mining Corp. today announced the results of an updated Pre-Feasibility study for its Tahuehueto Gold Mining Project located in Durango, Mexico. 2022 Prefeasibility Study improves 2017 PFS increasing throughput to 1,000 tonnes per day returning a post-tax NPV of US$110 million at 5% discount rate. Total Capital Cost estimate of US $56.9 million with only $6 million capital remaining to be invested to initiate [...]
Altaley Mining Corp. from its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated. "I am pleased to report Q4 2021 preliminary production, C1 Cash Costs and AISC from Altaley's Campo Morado Mine," states Ralph Shearing, CEO & President. "Campo Morado operations are reporting another excellent quarter with estimated net [...]
Altaley Mining Corp. is pleased to provide the following year-end update to shareholders and investors. 2021 has been a year of excellent growth for Altaley Mining Corp. where our Company has seen steady construction progress at its Tahuehueto gold mine which will soon be entering into production and at the producing Campo Morado Mine, the operations team has made steady improvement to increase production and reduce [...]