London, England - Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ( Rambler or the Company ), a copper and gold producer, explorer, and developer, announces results for the fiscal quarter ended 31 March 2021 and operations update for 2021. During Q1 2021, the Nugget Pond copper and gold milling facility processed 57,357 dmt at a feed grade of 1.64% copper and 0.55 grams per tonne of gold. Recovery of metal to concentrate was 96.6% and 66.0% for copper and gold respectively. In the quarter, Rambler sold saleable copper and gold production of 876 tonnes and 562 ounces respectively from 3,323 tonnes of copper concentrate. Following the December 2020 equity financing, Q1 2021 heralded the start of the operation s recovery plan. Comparisons with Q1 of 2020 should be considered in that context as there was no meaningful continuity of production between these periods.
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Elysee Development Corp.: Elysee Announces Normal Course Issuer Bid
Elysee Development Corp. (TSXV: ELC) (the
Company ) announces today its intention to make a normal course issuer bid (the
Bid ) to purchase for cancellation, from time to time, as it considers advisable, up to 1,390,843 of its issued and outstanding common shares, being approximately 4.99% of the Company s currently outstanding common shares and approximately 6.67% of the Company s Public Float (as that term is defined in the policies of the TSX Venture Exchange (the
Exchange ). The Exchange has approved the commencement of the Bid. The Bid will commence on May 10, 2021 and will terminate on May 10, 2022, or such earlier time as the Bid is completed or at the option of the Company. The Bid replaces the Company s current normal course issuer bid which expires on May 8, 2021. Research Capital Corporation of Vancouver, British Columbia will conduct the Bid on behalf of the Company.
Colibri Resource Corporation: Colibri Option Partner Tocvan Ventures Corp Reports Gold Recovery of 92% from Pilar and Provides Update on Drilling Progress
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Tocvan also reports that it has completed 1,394 m in 8 holes of a planned 2,400 metres drill program at Pilar. Drilling to date has focused on extension of the Main Zone. Drilling in the current campaign will also test new targets in the 4-Trench Extension, North-Hill and Triple Vein Zone areas. A second stage of drilling totalling 1,600 meters is planned to commence mid-May which will continue to test property wide targets and follow-up on results from the initial stage.