Altaley Mining Corp. announces that it has closed a first tranche of its non-brokered private placement financing for gross proceeds of $4,240,703.60 on the issuance of 12,116,296 Units at $0.35 per Unit. Each Unit consists of one common share of the Company and one half of one transferable share purchase warrant . Each Warrant entitles the holder [...]
Altaley Mining Corp. announces that it intends to conduct a non-brokered private placement financing to raise gross proceeds of up to Cdn$5 million for working capital purposes related to the start-up of preproduction mining and milling operations at its 100% owned Tahuehueto Mine. The Company is also pleased to announce that it has retained [...]
Altaley Mining Corp. today announced the results of an updated Pre-Feasibility study for its Tahuehueto Gold Mining Project located in Durango, Mexico. 2022 Prefeasibility Study improves 2017 PFS increasing throughput to 1,000 tonnes per day returning a post-tax NPV of US$110 million at 5% discount rate. Total Capital Cost estimate of US $56.9 [...]
Altaley Mining Corp. from its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated. "I am pleased to report Q4 2021 preliminary production, C1 Cash Costs and AISC from Altaley's Campo Morado Mine," states Ralph Shearing, CEO & President. "Campo [...]
Altaley Mining Corp. is pleased to provide the following year-end update to shareholders and investors. 2021 has been a year of excellent growth for Altaley Mining Corp. where our Company has seen steady construction progress at its Tahuehueto gold mine which will soon be entering into production and at the producing Campo Morado Mine, the [...]
Altaley Mining Corp. is pleased to announce that it has executed a Loan Agreement with Sail Natural Resources LP whereby Lender will provide a US$5million loan facility to Altaley, proceeds to be used to fund the final costs of construction and working capital at the Company's Tahuehueto Gold Mine Project. This bridge loan replaces the funding [...]
Altaley Mining Corp. on November 30, 2021. A total of 70,296,565 common shares representing 27.61% of the Company's issued and outstanding shares were voted in connection with the AGM. All matters tabled for consideration, as outlined on the Company's Notice of Annual General Meeting were unanimously approved including the re-election of the [...]
Altaley Mining Corp. announces strong financial and operating results for the three months ended September 30, 2021 . The Company's Financial Statements and Management Discussion & Analysis are available on the Company's website at www.altaleymining.com and www.sedar.com. All financial information contained in this news release is unaudited and [...]
Altaley Mining Corp. is excited to announce that it has engaged MGA Contratista Minera S.A. de C.V. as its underground mining contractor for it's soon to be operating Tahuehueto Gold Mine, located in northwestern Durango state, Mexico. MGA is a prominent mining contractor located in Durango city, Mexico with over 20 years of underground mining and [...]
Altaley Mining Corp. is pleased to provide shareholders the preliminary production results for the quarter ended September 30, 2021 of its Campo Morado Mine located in Guerrero state, Mexico. Currencies referenced in this press release are expressed in Canadian dollars, unless otherwise stated. "I am pleased to report Altaley's Q3 2021 Campo Morado [...]
Altaley Mining Corp. is pleased to announce that the company will be presenting at Red Cloud's 2021 Oktoberfest Fall Mining Showcase. We invite our shareholders and all interested parties to join us there. The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Ralph Shearing - CEO/President will be [...]