Luca Mining (Luca.V), vorher: Altaley Mining / ATLY (CVE), alter Name: Telson Mining / TSN (CVE)

    Altaley Mining Discloses 2021 Financial and Operating Results, Reporting Net Income of $36.2 Million and $0.15 Earnings per Share
    https://www.altaleymining.com/…d-0-15-earnings-per-share


    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 $11.6M

    Ralph Shearing, CEO states,” I am immensely proud of our entire Altaley team who have worked tirelessly throughout 2021 to deliver a record-breaking year of rapid growth and excellent profitability to the Company and our shareholders. We will build on these excellent 2021 results as we continue our improvements at Campo Morado and very soon, enter production at our Tahuehueto gold mine where we expect robust economics to significantly increase our revenues and profitability"

    Altaley Mining (TSXV:ATLY) ships initial gold concentrate from Mexico

    https://themarketherald.ca/alt…Cwebpart_news%7Cquote_tab



    Altaley Mining Corporation (TSXV:ATLY) shipped its first gold concentrate at the weekend.

    The shipment was the culmination of 23 years of work by Founder, President and CEO, Ralph Shearing, who joined The Market Herald’s Sonia Madigan at PDAC to share his bullish views on the metals sector in the current inflationary environment.

    [Blockierte Grafik: https://www.newsfilecorp.com/i…e/customer-logos/7883.jpg]
    Q2 2022 Financials
    https://www.altaleymining.com/…rts-on-q2-2022-financials
    "Tahuehueto Mining Project
    During the three months ended June 30, 2022, Tahuehueto produced 256 tonnes of bulk concentrate grading an average of 72% zinc, 71% copper, 74% lead, 1.73 g/t gold, 404 g/t silver and sold 64.3 tonnes generating Q2-2022 revenue from bulk concentrate of US$77K.
    At Tahuehueto, the project has experienced an uncharacteristically strong rainy season complicating project access and construction efforts that have negatively affected pre-production revenues anticipated during the pre-production and commissioning phase of the first 500 tonne per day (“tpd”) ball mill.
    Although the first ball mill is currently capable of operating at 500 tpd, construction delays have occurred on finalizing the permanent crushing circuit, permanent water pumping station and tailings storage facility. Crushing, with 500 tpd capability, is currently being handled by a provisional crushing facility and the projects backup water pumping system is providing water to the mill. Completion of the permanent crushing circuit is expected by the end of September and permanent water pumping station, although installed, will be connected to power over the coming months with the installation of a power line from the generator farm next to the mill to Tres de Mayo pump station.
    Tailings are being stored in a temporary facility until the permanent dry stack tailings facility is fully constructed. Work here has been temporarily suspended owing to the heavy rainfall, after which work will be reinitiated to complete over the coming months.
    Following the commissioning of the definitive surface ore handling system, and as the rainy season winds down, we are expecting the project to achieve consistent production up to 500 tpd.

    Installation of the projects 2nd 500 tpd ball mill, a key element in the 1000 tpd project is temporarily postponed, as it requires the permanent tailings facility to be available to receive the increased load of tailings that will be generated. Civil works for the 2nd ball mill will commence as soon as the 500 tpd project is fully commissioned and delivering consistent revenues. A definitive timetable for delivery of the 1000 tpd project will be communicated in subsequent Company announcements."


    ...die kommen nicht aus dem Knick ?)

    Na Hoffentlich kann der den Betrieb nach vorne bringen. Wenn Tahuehueto nicht liefert, dann gehen die Lichter aus. Aktuell sehr hohes Risiko. Sollte aber alles glatt laufen, dann geht es steil nach oben.


    Ich bin mit einer kleinen Position dabei.


    Grüße
    Martin

    Altaley Mining Controlling Shareholder Renews Form 45-102F1 Notice of Intent to Sell
    https://ceo.ca/@thenewswire/al…eholder-renews-form-6f76a
    Altaley Mining Corporation (TSXV: ATLY)(OTCQX: ATLYF) (FSE: TSGA) (the "Company" or"Altaley") Further to its news release dated June27, 2022, the Company is advised that Mr. Roberto GuzmanGarcia has filed a renewed Form 45-102F1 – Notice of Intention toDistribute Securities under Section 2.8 of NI 45-102 – Resale ofSecurities, since the forms previously filed on June 24, 2022 and July29, 2022, have expired. The contents of Form 45-102F1 remain unchangedhaving not yet completed any sale of securities under the previousfilings.



    Und Banco Accendo (in Liquidation) hat auch noch 31,245 Mio Aktien die scheinbar auch noch alle über den Markt verkauft werden sollen. Obacht! :burka:

    Altaley Mining CEO Update
    https://ceo.ca/@thenewswire/altaley-mining-ceo-update
    Mr. Struthers stated: “The CEO Review wasan important introduction to the Company, to gain a full understandingof the status of the operations and projects, administrative andfinancial functions and controls, organizational strengths, andweaknesses, etc. I’m pleased to say that this is now completed.
    It is evident to ourshareholders and those watching Altaley that the Company’sperformance in 2022 has not lived up to expectations. This is a resultof many factors, some within the Company’s control, some not. CampoMorado had a difficult 1H22, but performance in 2H22 has beensteadily, albeit slowly, improving. Tahuehueto failed to deliver onexpectations regarding the conclusion of the construction project.
    It becameclear during the review that a greater level of discipline wasrequired in certain functions, including budgeting, planning, andforecasting; together with the need to address certain organizationalweaknesses; to transform Altaley into a respected, professional andconsistently performing mining company. A number of improvements havealready been put in place, others will follow in the coming weeks andmonths.
    Theobjective of the review was to develop robust, deliverable productionplans for 2023 at both mines. These have now been completed.
    The Tahuehueto GoldMine Construction Project is substantially behind schedule and overbudget. There were many factors involved, including delayed funding,but we now have updated and detailed plans and budgets, and arestrengthening the organization, to ensure the project is now deliveredsuccessfully. One of my early decisions was to split the 500tpd and1000tpd projects into two stages. It is important to first deliver the500tpd project successfully, and from that foundation expand to1000tpd. The 500tpd Project is expected to be completed in early Q2,2023, and the Company expects to then move directly to the 1000tpdexpansion. Many elements for the 1000tpd project are already in placewith the first stage, and we already have the second ballmill.
    Pre-production at Tahuehueto has been progressing well. Weare currently milling an average of 350tpd and the plant is performingto expectations, producing saleable zinc and lead concentrates, thelatter with on average 50 g/t gold.

    On6th December 2022 the Company announced aRights Offering, and a share consolidation that the Board of Directorsrecommends is necessary to properly restructure the Company’s sharecapital and prepare for future growth. The Rights Offering allowsshareholders to participate in a funding round and will raiseadditional funds to complete the construction of the 500tpd project atTahuehueto. These additional funds will be sufficient to complete thisproject.
    Campo Morado had an excellent 2021, but a poor 1H22.Declining performance in 1Q22 was linked to a particular ore zone inthe mine, El Largo, driven by complex mineralogy, unusually high ironcontent, and declining head grades as the zone neared depletion. Thedecision was taken to move production to new areas, with elevatedcopper grades, and by the end of 2Q22 this was well established withperformance progressively improving since. The keys to continuouslyimproving performance at Campo Morado lies in stabilizing the millwith consistent blended ore feed, and putting into place an effectivegeometallurgical program, linking resources, the mine and the millinto a unified planning and production process. We recently concludeda plant review by leading consulting engineers Ausenco, and from thiswe have a detailed path forwards to improve performance. I’m nowoptimistic we’ll see steady improvements through 2023 andbeyond.
    Ilook forwards to providing shareholders with further regularupdates.”


    Altaley Mining Provides Tahuehueto Pre-Production Update
    https://ceo.ca/@thenewswire/al…eto-pre-production-update
    Altaley MiningCorporation (the “Company” or “Altaley”) is pleased to provide the following update on its pre-production efforts during mill commissioning at its Tahuehueto Gold Mine Project.
    Tahuehueto is currently operating one ball mill in a commissioning phase, as part of the initial 500tpd project, producing precious metals-rich, commercial grade lead and zinc concentrates. All the associated productionsystems are operating satisfactorily, and pre-production will continue to generate revenue whilst the remaining definitive operations systems are completed.
    Sept. 2022 to Dec. 2022 – Lead and Zinc Concentrate Production
    During September and October 2022 approximately 11,259 tonnes of mill feed was provided by a temporary crushing system, whilst the definitive crusher circuit was being completed. During this period throughput was constrained by the non-ideal feed sizing from these temporary systems to the mill, but this was resolved in late October with the commissioning of the definitive crushing system. The current installed comminution capacity is 350 tpd, and since crusher commissioning the mill has processed approximately 18,341 tonnes of ore at an average of 297 tonnes per day over 62 operating days. The nameplate 500 tpd installed comminution capacity will be achieved by the installation of closed-circuit cyclones, and this is expected to be completed before end Q1, 2023, subject to a successful outcome from the forthcoming rights offering...


    Mike Struthers, CEO commented: “We have been very pleased with the progressive improvements in the pre-production plant performance at Tahuehueto, thanks largely to the team on site and helped by the mining of higher-grade ores from the Creston vein. Early pre-production was largely from stockpiled material, and some of this was partially oxidized which impacted on the plant performance.However, the fresh ores are performing well, in line with expectations from metallurgical testwork. This gives us confidence in future plantperformance. Some initial challenges with zinc suppression in the leadcircuit were resolved, so we are now producing zinc concentrates with grades above the minimum commercial specification. The precious metals grades in our lead concentrates are also especially pleasing with, for example, an average of 55.74 g/t Au and 693.2 g/t Ag in December.
    I look forward to providing further updates as we finalize Tahuehueto construction.”

    Altaley Mining Corporation Appoints New CFO
    https://ceo.ca/@thenewswire/al…poration-appoints-new-cfo
    Altaley MiningCorporation (the “Company” or “Altaley”) ispleased to announce the appointment of Mr. Erick Underwood as thecompany’s new Chief Financial Officer. Mr. Underwood will commencehis role with the Company on 1st February 2023.
    Mr. Underwood has over25 years of experience in corporate development, business planning andanalysis, treasury, and accounting for the mining industry, including14 years based in Chile and Peru. He is currently CFO of TSX.V listedChesapeake Gold Corp., owner of the Metates Project in Durango,Mexico.

    Altaley Mining Announces Operations Plans for 2023
    https://ceo.ca/@thenewswire/al…operations-plans-for-2023
    Altaley MiningCorporation (the “Company” or “Altaley”) ispleased to provide an update on its operations plans for 2023.
    Following a change inmanagement in September 2022 the Company has focused on developingrobust plans for each site for 2023, and as a consequence the Companyexpects a strong performance this year.
    Changes to strengthen the organization at theTahuehueto Gold Mine Project in Durango are underway – a newconsulting Construction Manager has been appointed, and recruiting fora new site General Manager is in process.


    This advanced constructionproject is expected to achieve some critical milestones during 2023,ultimately to achieve the nameplate 1,000 tonnes per day(“tpd”) capacity. Construction of the initial 500 tpdoperation is anticipated to be completed in 2Q23. The 500 tpd stage isexpected to be cash positive at the site level. Some of the remainingcritical tasks to achieve the 500 tpd project are installation of thefinal comminution equipment and construction of the definitivetailings storage facility.
    Expansion up to the nameplate capacity of 1,000 tpdat Tahuehueto is expected to be completed in 4Q23, subject to funding.In addition to installing a second ball mill and associated circuits,the scope of the 1,000 tpd project includes a third tailings filterpress (as backup), a materials handling orepass in the mine toalleviate traffic congestion, and completion of the final stages ofthe definitive tailings facility. Currently the mine is inpre-production, averaging 300 tpd, and the plant is performing verywell.
    At the 1000tpd capacity the mine is projected to produce on average 42,822 AuEqoz per year (average of first 5 years, PFS, 2022), and generate anannual average EBITDA of USD 28.1m (@US$1,900/oz Au) (referenceNI43-101 Technical Report “Pre-Feasibility Study – TahuehuetoProject”, April 25, 2022). Based on the updated 2022 Pre-FeasibilityStudy, Tahuehueto producing at 1,000 tpd has an after-tax NPV of US$161.3m (5% discount rate) and an IRR of 65%.


    Mike Struthers of Altaley Mining Corp. presents at the Metals Investor Forum, January 27-28, 2023




    Mike Struthers of Altaley Mining talks to Chen Lin at the January 2023 Metals Investor Forum
    https://www.youtube.com/watch?v=PyvnzSGERgA



    Mike Struthers of Altaley Mining talks to Brien Lundin at the January 2023 Metals Investor Forum
    https://www.youtube.com/watch?v=Sfx0n1r_9sU





    Mike Struthers of Altaley Mining talks to Eric Coffin at the January 2023 Metals Investor Forum
    https://www.youtube.com/watch?v=tS7wHee3dnQ





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