TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to report additional drilling results from the 2017 drilling campaigns at both Doris Mine and Boston Deposit, on its 100% owned Hope Bay Project. The initial drilling results at Boston were reported on August 10, 2017 and TMAC has since received all assay [...]
TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is filing its Second Quarter 2017 Financial Statements and Management’s Discussion & Analysis for the period ended June 30, 2017. The documents may be found on the Company’s website at www.tmacresources.com or, once filed, on SEDAR at www.sedar.com. Please [...]
TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to report that the first drilling campaign at the Boston Deposit, located in the south of its 100% owned Hope Bay Project, has intersected significant high-grade gold mineralization over wide widths. The on-going, initial drilling is designed to extend wide [...]
TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to announce that Gil Lawson has joined the TMAC executive team as Chief Operating Officer effective August 31, 2017. Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, “We are in the process of adding significant talent and expertise to our [...]
TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) has signed a revised credit agreement (the “Revised Credit Agreement”) with Sprott Private Resource Lending (Collector), LP and associated lenders (“Sprott”) to provide for total borrowings of US$160 million. The additional funds to increase the [...]
TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) has entered into a term sheet with Sprott Private Resource Lending (Collector), LP (“Sprott”) to provide for total borrowings of US$160 million. The approximately US$30 million of additional funds allow TMAC to finance the significant, seasonal expenses [...]
TMAC Resources, provides an operations update together with its updated Mineral Reserves and Mineral Resources as of June 30, 2017. Operations Update Dr. Catharine Farrow, Chief Executive Officer of TMAC, commented: “The ramp up continues to be slower than anticipated and has resulted in less than budgeted cash inflows. We anticipate that [...]
TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) held its annual and special meeting of shareholders in Toronto yesterday and announces the results of voting. A total of 67,981,829 shares (approximately 81% of the 84,008,248 common shares outstanding at May 8, 2017) were represented, in person or by proxy [...]
The Nunavut Water Board (“NWB”) in consultation with the Nunavut Impact Review Board (“NIRB”) has issued a new Type B Water Licence for the Madrid North and Madrid South deposits which are situated on the Company’s Hope Bay property located in the Kitikmeot region of Nunavut, Canada. The receipt of the Type B Water [...]
TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is pleased to report on the progress of the Doris North below the diabase dyke “BTD” access development and initial exploration drilling results BTD at the Doris Mine, located in the northern part of TMAC’s Hope Bay Property, located in the Kitikmeot [...]
TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is pleased to announce that commercial production has been achieved, effective May 15, 2017, at its Doris Mine and Mill Complex situated on the Company’s Hope Bay property located in the Kitikmeot region of Nunavut, Canada. The Processing Plant has operated at an [...]
TMAC Resources Inc. (TSX:TMR) (“TMAC” or the “Company”) is filing its First Quarter 2017 Financial Statements and Management’s Discussion & Analysis for the interim period ended March 31, 2017. The documents may be found on the Company’s website at www.tmacresources.com or, once filed, on SEDAR at www.sedar.com [...]