(All amounts in US$ unless otherwise
specified)
Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) has
today filed on SEDAR a National Instrument 43-101 (“NI 43-101”)
compliant technical report titled “NI 43-101 Technical Report on
the Cozamin Mine, Zacatecas, Mexico” for the updated Proven and
Probable Mineral Reserves and positive results announced on
September 9, 2020.
The Technical Report was prepared in accordance with the
Canadian Securities Administrator’s NI 43-101-Standards of
Disclosure for Mineral Projects; and is available for review under
the Company’s profile on SEDAR at www.sedar.com and the Company’s
web site at www.capstonemining.com.
ABOUT CAPSTONE MINING CORP.
Capstone Mining Corp. is a Canadian base metals mining company,
focused on copper. Our two producing mines are the Pinto Valley
copper mine located in Arizona, US and the Cozamin copper-silver
mine in Zacatecas State, Mexico. In addition, Capstone owns 70% of
Santo Domingo, a large scale, fully-permitted, copper-iron-gold
project in Region III, Chile, in partnership with Korea Resources
Corporation, as well as a portfolio of exploration properties.
Capstone's strategy is to focus on the optimization of operations
and assets in politically stable, mining-friendly regions, centred
in the Americas. We are committed to the responsible development of
our assets and the environments in which we operate. Our
headquarters are in Vancouver, Canada and we are listed on the
Toronto Stock Exchange (TSX). Further information is available at
www.capstonemining.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release, and the documents incorporated by reference
herein, contains “forward-looking information” within the meaning
of Canadian securities legislation and “forward-looking statements”
within the meaning of the United States Private Securities
Litigation Reform Act of 1995 (collectively, “forward-looking
statements”). These forward-looking statements are made as of the
date of this document and Capstone Mining Corp. (“Capstone” or the
“Company”) does not intend, and does not assume any obligation, to
update these forward-looking statements, except as required under
applicable securities legislation. Forward-looking statements
relate to future events or future performance and reflect our
expectations or beliefs regarding future events. Forward-looking
statements include, but are not limited to, statements with respect
to the continuing success of mineral exploration, Capstone’s
ability to fund future exploration activities, the estimation of
mineral resources and mineral reserves, the expected success of the
underground paste backfill system study, the realization of mineral
reserve estimates, the timing and amount of estimated future
production, costs of production and capital expenditures, the
success of our mining operations, the estimations for potential
quantities and grade of inferred resources and exploration targets,
environmental risks, unanticipated reclamation expenses and title
disputes. In certain cases, forward-looking statements can be
identified by the use of words such as “plans”, “expects”,
“aiming”, “approximately”, “guidance”, “scheduled”, “target”,
“estimates”, “forecasts”, “extends”, “convert”, “potential”,
“intends”, “anticipates”, “believes” or variations of such words
and phrases, or statements that certain actions, events or results
“may”, “could”, “should”, “would”, “will”, “might” or “will be
taken”, “occur” or “be achieved” or the negative of these terms or
comparable terminology. By their very nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Such factors include, amongst others,
risks related to inherent hazards associated with mining operations
and closure of mining projects, the inherent uncertainty of mineral
exploration and estimations of exploration targets, potential
delays in exploration due to COVID-19 or governmental action,
increase to operating costs directly or indirectly related to due
to COVID-19 including but not limited to supply chain issues,
future prices of copper and other metals, compliance with financial
covenants, surety bonding, our ability to raise capital or fund
explorations, Capstone’s ability to acquire properties for growth,
counterparty risks associated with sales of our metals, foreign
currency exchange rate fluctuations, changes in general economic
conditions, accuracy of mineral resource and mineral reserve
estimates, operating in foreign jurisdictions with risk of changes
to governmental regulation, compliance with governmental
regulations, compliance with environmental laws and regulations,
reliance on approvals, licences and permits from governmental
authorities, impact of climatic conditions on our operations,
aboriginal title claims and rights to consultation and
accommodation, land reclamation and mine closure obligations,
uncertainties and risks related to the potential development of the
Cozamin project, increased operating and capital costs, challenges
to title to our mineral properties including claims to royalty
rights, maintaining ongoing social license to operate, dependence
on key management personnel, potential conflicts of interest
involving our directors and officers, corruption and bribery,
limitations inherent in our insurance coverage, labour relations,
increasing energy prices, competition in the mining industry, risks
associated with joint venture partners, our ability to integrate
new acquisitions into our operations, cybersecurity threats, legal
proceedings, and other risks of the mining industry as well as
those factors detailed from time to time in the Company’s interim
and annual financial statements and MD&A of those statements,
all of which are filed and available for review under the Company’s
profile on SEDAR at www.sedar.com. Although the Company has
attempted to identify important factors that could cause our actual
results, performance or achievements to differ materially from
those described in our forward-looking statements, there may be
other factors that cause our results, performance or achievements
not to be as anticipated, estimated or intended. There can be no
assurance that our forward-looking statements will prove to be
accurate, as our actual results, performance or achievements could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on our
forward-looking statements.
CAUTIONARY NOTE TO UNITED STATES INVESTORS
This news release contains disclosure that has been prepared in
accordance with the requirements of Canadian securities laws, which
differ from the requirements of U.S. securities laws. Without
limiting the foregoing, this news release refers to a technical
report that uses the terms “measured”, "indicated" and "inferred"
mineral resources. U.S. investors are cautioned that, while such
terms are recognized and required by Canadian securities laws, the
SEC under Industry Guide 7 does not recognize them. Under U.S.
standards, mineralization may not be classified as a "reserve"
unless the determination has been made that the mineralization
could be economically and legally produced or extracted at the time
the reserve determination is made. U.S. investors are cautioned not
to assume that all or any part of measured or indicated resources
will ever be converted into reserves. U.S. investors should also
understand that "inferred resources" have a great amount of
uncertainty as to their existence and as to whether they can be
mined legally or economically. It cannot be assumed that all or any
part of "inferred resources" will ever be upgraded to a higher
category. Therefore, U.S. investors are also cautioned not to
assume that all or any part of inferred resources exist, or that
they can be mined legally or economically. Accordingly, information
concerning descriptions of mineralization and resources contained
in this news release may not be comparable to information made
public by U.S. companies subject to the reporting and disclosure
requirements under Industry Guide 7 of the SEC.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201023005510/en/
Jerrold Annett, VP, Strategy and Capital Markets 416-572-2272
jannett@capstonemining.com
Virginia Morgan, Manager, IR and Communications 604-674-2268
vmorgan@capstonemining.com
Capstone Copper (TSX:CS)
過去 株価チャート
から 11 2024 まで 12 2024
Capstone Copper (TSX:CS)
過去 株価チャート
から 12 2023 まで 12 2024
