KRR News

RNC Announces Strong First Quarter Gold Production of 24,816 oz and a Cash Balance of $38.4 Million

TORONTO, April 20, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals ("RNC" or the "Company") (TSX:RNX) is pleased to announce strong consolidated gold production of 24,816 gold ounces for the first quarter of 2020 from its Beta Hunt and Higginsville mines in Western Australia. RNC's consolidated cash balance increased to $38.4 million as at March 31, 2020, an 11%...

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RNC Minerals Announces Normal Course Issuer Bid

TORONTO, April 15, 2020 /CNW/ - Royal Nickel Corporation dba. RNC Minerals ("RNC" or the "Company") (TSX:RNX) announced today that it has received the approval of the Toronto Stock Exchange (the "TSX") for a normal course issuer bid (the "Bid") to purchase up to no more than 30,415,198 of its issued and outstanding common shares (the "Common Shares"). Purchases under...

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RNC Announces Strong Fourth Quarter Results Including Gold Production of 26,874 oz

RNC will host a call/webcast on March 26, 2020 at 10:00 a.m. (Eastern Time) to discuss the fourth quarter results. North American callers please dial:  1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click  (replay access information below). TORONTO, March 26, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") announces its financial results and review of...

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RNC Minerals Provides COVID-19 Risk Management Update and Conference Call for Fourth Quarter 2019

TORONTO, March 18, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC" or the "Company") announces it has implemented strict control measures at its operations in response to the COVID-19 pandemic. A task force at our Australian operations, led by Graeme Sloan, Managing Director, Australian Operations, has been established to ensure our operating sites remain as prepared and responsive to this evolving...

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RNC Minerals Announces New Visible Gold Discovery at Surface at Mouse Hollow and Hidden Secret

Summary Historical Database Review – Corona Project RNC's ongoing review of Higginsville Gold Operations ("HGO") historical mineral resources and drill results has confirmed the potential of the Corona deposit as a future high-grade open pit and/or underground operation. Highlights of historical drill results include1.2:  VIND047:   657.9 g/t over 2.3m from 181.1 m VIND049:   225.2 g/t over 1.9m from 201.5...

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RNC Minerals Announces New 5km Structure Identified at Higginsville and Approval Received for Baloo Stage 2 Mining

Summary High Density Gravity Survey Program A recent high density gravity survey has delineated a new geological structure at the Company's Higginsville Operations ("HGO"). The new structure extends for approximately 5 km, and runs sub-parallel to the major regional Zuleika, Speedway and Boulder Lefroy shears which controls the bulk of the gold mineralisation between the Golden Mile (60 Mozs).and Norseman...

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RNC Minerals Provides 2020 Production, Cost Guidance and Strong Operational Update

Summary Consolidated 2020 Guidance: Production of 90,000-95,000 oz; note that production guidance does not include contributions from coarse gold occurrences at Beta Hunt. Based on management's current interpretation of the Beta Hunt shear zone / Lunnon Sediment intersection horizons, coarse gold is expected to be produced during 2020.  All-in-sustaining-cost (AISC)1 of US$1,050-$1,200 per oz.2020 Exploration: The re-negotiation of the Morgan...

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RNC Exceeds 2H19 Guidance with Production of 51,090 oz; Pays Down $3M in Debt Early to Reduce Interest Costs

TORONTO, Jan. 8, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC" or the "Company") is pleased to announce record consolidated gold production, since acquiring the HGO mine and mill, of 9,620 ounces for the month of December 2019 from its Beta Hunt and Higginsville mines in Western Australia. For the fourth quarter of 2019, production was 26,874 ounces. For the second...

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RNC Minerals Provides Production and Cost Guidance and Positive Operational Update

Summary Guidance for the second half 2019: Production 42,000-49,000 oz AISC US$1,150-$1,250 per oz Mining of Baloo Stage 1 & growing pit pipeline – Baloo Stage 1 mining is performing well and meeting expectations. Results from grade control drill program have identified additional mineralised material that is expected to extend Stage 1 mining into the first quarter of 2020. Mining...

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Mark Selby Steps Down as President and CEO of RNC Minerals, Paving the way for the Next Chapter with Paul Andre Huet

In an unexpected development, Mark Selby has stepped down as the President and CEO of RNC Minerals. Mark played an integral role for RNC in identifying value that others often overlooked, while always maintaining a steady professionalism throughout some of the ups and downs of the company. He was always gracious, taking the time to engage with shareholders and was...

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