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 [...]
Altaley Mining Corp. is pleased to announce that it has executed a Loan Agreement with Sail Natural Resources LP whereby Lender will provide a US$5million loan facility to Altaley, proceeds to be used to fund the final costs of construction and working capital at the Company's Tahuehueto Gold Mine Project. This bridge loan replaces the funding recently lost to Altaley upon the cessation of operation of the Accendo Banco [...]
Altaley Mining Corp. on November 30, 2021. A total of 70,296,565 common shares representing 27.61% of the Company's issued and outstanding shares were voted in connection with the AGM. All matters tabled for consideration, as outlined on the Company's Notice of Annual General Meeting were unanimously approved including the re-election of the following incumbent Directors: Ralph Shearing, David Rhodes, Ruben Alvidrez [...]
Altaley Mining Corp. announces strong financial and operating results for the three months ended September 30, 2021 . The Company's Financial Statements and Management Discussion & Analysis are available on the Company's website at www.altaleymining.com and www.sedar.com. All financial information contained in this news release is unaudited and reported in CDN$, unless otherwise stated. "Our Campo Morado team have [...]
Altaley Mining Corp. is excited to announce that it has engaged MGA Contratista Minera S.A. de C.V. as its underground mining contractor for it's soon to be operating Tahuehueto Gold Mine, located in northwestern Durango state, Mexico. MGA is a prominent mining contractor located in Durango city, Mexico with over 20 years of underground mining and civil engineering experience whose clients include various prominent mining [...]
Altaley Mining Corp. is pleased to provide shareholders the preliminary production results for the quarter ended September 30, 2021 of 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 Altaley's Q3 2021 Campo Morado production results," states Ralph Shearing, CEO & President. "Campo Morado [...]
Altaley Mining Corp. is pleased to announce that the company will be presenting at Red Cloud's 2021 Oktoberfest Fall Mining Showcase. We invite our shareholders and all interested parties to join us there. The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Ralph Shearing - CEO/President will be presenting on October 19th at 2:45pm Eastern Daylight time. For more [...]
ltaley Mining Corporation provides insight with respect to status of one of its lenders, Accendo Banco. The Company has learned that the Mexican National Banking and Securities Commission notified Accendo Banco, S.A. of the revocation of its authorization to organize and operate as a multiple banking institution due to below the regulatory minimum levels of liquidity coverage ratio of the institution. Mill Construction To [...]
Altaley Mining Corp. announces the engagement of Future Money Trends, LLC, Gold Standard Media, LLC, Portfolio Wealth Global, LLC and Wealth Research Group, LLC, to provide financial publishing and digital marketing services to the Company. The term of this agreement shall be for a period of six months beginning October 1, 2021. The Company shall pay only a cash fee to the Advertisers totaling US$350,000 in four equal [...]
Altaley Mining Corp. is pleased to announce that its common shares are now trading on the OTCQX Best Market under the ticker symbol of ATLYF. The OTCQX Best Market is the highest market tier of OTC Markets on which 10,000 U.S. and global securities trade. Trading on OTCQX will enhance the visibility and accessibility of the Company to U.S. investors. Altaley's common shares will continue to trade on the TSX Venture [...]
