HIGHLIGHTS: Positive PEA result achieved based only on 2018 Mineral Resource as an 'initial option' with significant growth potential Open-pit mine with annual production rate of 2 million tonnes of mill feed per year and conventional processing circuit to produce a very high-grade copper and silver concentrate Average of 13,217 tonnes of copper and 3.70 million ounces of silver metal contained in concentrate production [...]
White Rock, British Columbia - AZARGA METALS CORP. announced the positive findings of an independently prepared preliminary economic assessment for the development of its wholly-owned Unkur Copper-Silver Project in the Zabaikalsky administrative region of eastern Russia on 30 August 2018. At the request of IIROC the Company wishes to clarify certain disclosure in its August 30, 2018 news release titled “Azarga [...]
White Rock, British Columbia - AZARGA METALS CORP. announces the positive findings of an independently prepared preliminary economic assessment for the development of its wholly-owned Unkur Copper-Silver Project in the Zabaikalsky administrative region of eastern Russia. The PEA is based on the current Inferred Mineral Resource estimate for Unkur of 62 million tonnes at 0.53% copper and 38.6g/t silver, containing 328,600 [...]
White Rock, British Columbia - AZARGA METALS CORP. has filed a technical report regarding its Unkur Copper-Silver Project in Russia to support the updated Mineral Resource estimate announced on 27 March 2018. The estimate is an Inferred Mineral Resource of 62 million tonnes at 0.53% copper and 38.6g/t silver, containing 328,600 tonnes of copper and 76.8 million troy ounces of silver. This equates to copper equivalent [...]
White Rock, British Columbia - AZARGA METALS CORP. announces an updated Mineral Resource estimate for its Unkur Copper-Silver Project in the Zabaikalsky administrative region of eastern Russia. The estimate is an Inferred Mineral Resource of 62 million tonnes at 0.53% copper and 38.6g/t silver, containing 328,600 tonnes of copper and 76.8 million troy ounces of silver. This equates to copper equivalent grade of 0.90 [...]
White Rock, British Columbia - AZARGA METALS CORP. reports that it has now closed the acquisition of an additional 40% interest in the Unkur Copper-Silver Project, taking its ownership interest from 60% to 100% . On completion of the Unkur Project Consolidation, Azarga Metals will have issued 42,000,000 common shares at a deemed price of C$0.15 to the vendors of the indirect 40% interest. On March 16, 2018, the Company [...]
White Rock, British Columbia - AZARGA METALS CORP. has received the majority of the minority shareholder approval at the Company’s Annual General and Special Meeting held on February 14, 2018 for the proposed exercise of its call option to increase its ownership of the Unkur Copper-Silver Project from 60% to 100%. Upon receipt of TSX Venture Exchange approval, the Company will then immediately issue 42,000,000 common [...]
White Rock, British Columbia - AZARGA METALS CORP. has engaged Tetra Tech Mining and Minerals to complete a NI 43-101 compliant Preliminary Economic Assessment on the Company's high-grade Unkur Copper-Silver Project located in the Zabaikalsky administrative region of eastern Russia. The PEA will be completed by Tetra Tech's office in Swindon, United Kingdom. Work on the PEA will commence immediately, with completion [...]
White Rock, British Columbia - AZARGA METALS CORP. has signed an exclusive Memorandum of Understanding with the main vendors of the Unkur Copper-Silver Project for cooperation with respect to additional corporate development growth opportunities pertaining to copper and silver rich sediment-hosted projects in the broader Chara-Aldan area of eastern Russia where the Company’s existing Unkur Copper-Silver Project is [...]
White Rock, British Columbia - AZARGA METALS CORP. has received the conditional approval of the TSX Venture Exchange , subject to the Company’s disinterestedshareholder approval, to acquire the remaining 40% of the Unkur Copper-Silver Project to increase the Company’s interest to 100% on the terms announced on December 11, 2017. The Company has called an annual general and special shareholder meeting for February 14 [...]
White Rock, British Columbia - Azarga Metals Corp. has exercised its call option to increase its ownership of the Unkur Copper-Silver Project from the current 60% interest to 100%. The project vendors have also agreed to cancel the remaining US$1.6 million owed to them by the Company in the form of deferred consideration payments associated with the original 60% purchase. Further, the Company has also arranged a bridge [...]
TSX-V: AZR VANCOUVER, June 7, 2017 /CNW/ - AZARGA METALS CORP. ("Azarga Metals" or the "Company") (TSX-V:AZR) reports that as announced June 1, 2017, the Company issued a total of 1,224,034 common shares of the Company in settlement of interest on the Loan and the Deferred Payment owing to the minority shareholders of Azarga BVI. All securities issued are subject to a hold period in Canada expiring October 8, 2017. About [...]