Avante Announces Acquisition of 1446199 B.C. LTD.
March 5, 2024
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%...
Read moreTORONTO, 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...
Read moreRNC 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...
Read moreTORONTO, 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...
Read moreSummary 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...
Read moreSummary 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...
Read moreSummary 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...
Read moreTORONTO, 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...
Read more2019 was a year filled with ups and downs across the market. We've seen the cannabis sector get demolished, gold spike over $1,500, some major new discoveries were made as well as some very large mergers and acquisitions by majors. Almost every CEO, analyst and professional we have spoken to this year agrees that a bull market in metals is...
Read moreSummary 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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