Atico Mining is pleased to announce six holes from its ongoing drill program at the La Plata precious metals-rich volcanogenic massive sulphide project in Ecuador. The present campaign has the objectives of completing the infill drilling on the La Mina resources as well as extending the mineralization outside of the known envelope. La Plata [...]
Atico Mining Corp. today announced its financial results for the three months ended March 31, 2020 , posting loss from mining operations of $1.4 million and a net loss of $1.6 million. Fernando E. Ganoza, CEO and Director, commented, "Even though the mine operated within the Company's guidance and achieved planned concentrate production in the [...]
Atico Mining Corp. today announced its financial results for the year ended December 31, 2019, posting income from mining operations of $16.3 million and a net income of $6.9 million. Production for the year at Atico’s El Roble mine totaled 16.8 million pounds of copper and 10,480 ounces of gold in concentrate at a cash cost of $1.24 per payable [...]
Atico Mining Corp. announces its operating results for the three months ended March 31, 2020 from its El Roble mine. Production for the quarter totaled 4.93 million pounds of copper and 2,736 ounces of gold in concentrates, an increase of 108% and 85% for copper and gold, respectively, over the same period in 2019. “The El Roble mine operated [...]
Atico Mining Corp. is pleased to announce its exploration and development plans for 2020. The Company is presently mobilizing diamond drill rigs to La Plata project in Ecuador in preparation to start the exploration drill program in the following days. Concurrently, the drill program at El Roble project in Colombia has already begun. The Company is [...]
Atico Mining Corp. is pleased to announce operating results for the three and twelve month periods ended December 31, 2019 from its El Roble mine. Production totaled 5.62 million pounds of copper with 3,492 ounces of gold for the fourth quarter and 16.85 million pounds of copper with 10,480 ounces of gold in concentrates for the full year 2019 [...]
Atico Mining Corp. is pleased to announce that it has repaid, in full, its outstanding CDN$1,347,875 first tranche of debenture facility payable to first debenture group holders. The Debenture Facility was assumed by the Company as a result of the Toachi acquisition in September 2019. In the following months, the Company plans to continue reducing [...]
Atico Mining Corp. is pleased to announce that it has repaid, in full, its outstanding USD$1,000,000 debt facility payable to Dundee Corporation. The Debt Facility was assumed by the Company as a result of the Toachi acquisition in September 2019. In the following months, the Company plans to continue reducing all of the remaining debts assumed on [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2019 , posting income from mining operations of $2.5 million and a net loss of $0.3 million. Fernando E. Ganoza, CEO and Director, commented, "This quarter we had record production and achieved a very competitive all-in sustaining cash cost of $1.52 [...]
Atico Mining Corp. announces its operating results for the three months ended September 30, 2019 from its El Roble mine. Production for the quarter totaled 5.71 million pounds of copper and 3,320 ounces of gold in concentrates, an increase of 7% for copper and 10% for gold, respectively, over the same period in 2018. “We are pleased to report [...]
Atico Mining Corp. announces that pursuant to the Company's stock option plan, 1,445,259 incentive stock options exercisable at $0.335 per share for a period of five years have been granted to directors, officers, employees and consultants of the Company. About Atico Mining Corporation Atico is a growth-oriented company, focused on exploring [...]
Atico Mining Corp. and Toachi Mining Inc. are pleased to announce that Atico has completed the previously announced acquisition of all of the issued and outstanding shares of Toachi by way of a plan of arrangement . The Arrangement was approved by the Ontario Superior Court of Justice in its final order dated September 9, 2019. The Arrangement was [...]
