Minto Metals Corp. is pleased to report results from the 2022 Magnetotellurics survey over the Minto Mine Property. The Company commissioned Quantec Geoscience Ltd. to conduct a SPARTAN MT survey, a deep-penetrating Magnetotellurics survey over the Minto Mine Property . The goal for the MT survey was to extend the geophysical coverage for the Minto [...]
Minto Metals Corp. today announced Lion Point Capital, LP has established a $100,000 automatic securities purchase plan with a registered broker to purchase shares of Minto in the open market through the facilities of the TSX Venture Exchange or other Canadian marketplaces at a maximum purchase price of $2.00 per share. The ASPP will be effective [...]
Minto Metals Corp. today announced the financial and production results for the third quarter which ended September 30, 2022. Compared to the same quarter in 2021, copper sales increased by 7%, revenue increased by 17%, mined ore increased by 10%, and mill feed increased by 36%. Third Quarter Highlights: Copper sales increased by 7.1% to 7.86 [...]
Minto Metals Corp. is pleased to report the progress from its 2022 exploration drilling program at the Minto Mine. The Company reports updated drill results from the ongoing 30,000 metre exploration drilling program. Highlights include high-grade results received from exploration drilling at Minto North. Drill hole 22EXP042 cut 2.20% Copper over 20 [...]
Minto Metals Corp. is pleased to announce the Company's 2022 third quarter production results from the Minto Mine located within the Selkirk First Nation's Territory in central Yukon, Canada. Payable copper production was 7.9 million pounds in QTR-3 and 22.4 million pounds YTD. Third Quarter Highlights: Copper sales were 7.9 million pounds in QTR-3 [...]
Minto Metals Corp. today announced that it has submitted a proposal to the Yukon Government with respect to furnishing the $21M increase in security costs required for the Minto Mine site utilizing a progressive approach. The Yukon Government and Selkirk First Nation are currently reviewing the proposal for its adequacy in addressing the current [...]
WHITEHORSE, YT , Aug. 23, 2022 /CNW/ - Minto Metals Corp. today announced the financial and production results for the second quarter and the Half Year results of 2022 . The Half Year Results include record EBITDA highlighting a strong 45% growth in production, and a 131% Adjusted EBITDA increase compared to the same period in 2021. Second Quarter [...]
Minto Metals Corp. is pleased to announce the Company's 2022 second quarter production results from the Minto Mine located within the Selkirk First Nation's Territory in central Yukon, Canada. Payable copper production was 5.4 million pounds. The Company is also pleased to announce the appointments of Channa Kumarage as Director, Corporate [...]
Minto Metals Corp. today announced the following results for each item of business considered at Minto's Annual and Special Meeting of Shareholders held on June 28, 2022 . All resolutions were passed at the Meeting. Fixing the Number of Directors. 99.96% of the shares voted in favour of fixing the number of directors of the Company at eight [...]
Minto Metals Corp. is pleased to announce the Company's financial and operating results for the three months ended March 31, 2022 for the Minto Mine located within the Selkirk First Nation's Territory in the central Yukon, Canada. Copper Production totaled 9.1 million pounds of copper, a 70.7% increase over Quarter 1, 2021, at a consolidated cash [...]
Minto Metals Corp. today announced it has recently completed a detailed review of proposals received from various offtake companies with respect to the processing and purchase of the copper concentrate produced at the Company's Minto Mine. In connection with the completion of this process, Minto Metals has entered into a more favourable offtake [...]
Minto Metals Corp. today reports updated drill results from their ongoing 2022 Exploration program. Minto has received results from eight drill holes on the Minto Mine Property targeting extensions of the Minto East 2 and Cu Keel orebodies. Highlights from this drilling include: Hole 21EXP016 Minto East 2 Extension: 1.34% Copper over 25.97 metres [...]