Lithium Americas soars on first day of trading as North American pure-play miner

“In the last year or so we’ve started to see things really start to move,” CEO Simon Clarke said.

Last year, Caraiba churned out 46,371 tonnes of copper concentrate, exceeding Ero Copper’s guidance of 43,000 to 46,000 tonnes.

The Canadian Nuclear Safety Commission authorized raising the annual production limit to 1,650 tonnes of uranium.

The initial test work has demonstrated promising gold-silver recoveries of the Regnault-style ore, the company says.

Assays from the Trans Canada Highway zone included intercepts of 79.6 g/t gold over 2 metres from 427.1 metres down.

All 16 drill holes completed on the Reid property have now intersected multi-hundred-metre intervals of nickel mineralization.

The best intercept highlighted a broad zone of mineralization grading 1.03 g/t gold (cut) over 116.6 metres (true width).

The Process Charter is a collaboration between Skeena, the Tahltan Central Government and the Government of BC.

The deposit now holds 41.8 million indicated tonnes grading 1.52 g/t gold for 2 million oz. contained metal.