As at June 30, 2021, we had a cash and cash equivalents and short term investment balance of $88.0 million. The Company’s cash position as of the date of this release is approximately $83.6 million.
Nomad Royalty Company Ltd. is pleased to announce that its common shares are anticipated to begin trading on the New York Stock Exchange on or about August 31, 2021, under the symbol “NSR”.
Proceeds from the flow-through will be used for, among other things, exploration at Inomin’s Beaver Nickel property located in the Cariboo region of British Columbia. Approximately 1,200 metres of diamond drilling is planned to test for nickel mineralization within a 5 – 6 kilometre-long area.
Mexico Mining Center and DigiGeoData continue to work together to promote exploration and mining in Mexico and have started to work on a new version of the Mexico mining property map, which will be included in the welcome kit for the attendees at the upcoming Discoveries 2021 Mining Conference and further distributed throughout the conference.
President and CEO, Michael Konnert stated: “Following a steady decline in active case counts in the area surrounding the project and a thorough review of current state and federal government data, the Company has decided to resume exploration activities earlier than previously stated. We are very excited to return to our fully funded, +100,000 metre drill program that will ultimately serve as the foundation for our maiden project resource in the first quarter of 2022.”
Taj Singh, President and CEO, states: “The results from our first drill program at Cordero, including further exceptional results in this release, have exceeded our expectations. We have not only confirmed the size and scaleability of Cordero, but also highlighted the excellent margin potential of the Project too.”
“We continue to see strong results from the El Orito zone, and similar to Casados and La Trini we are approaching data cut off for the calculation of the initial resource at the El Orito zone,” said Brad Langille, President and CEO. “We continue drilling at El Favor east, Mololoa and El Nayar, which we believe will greatly strengthen the initial resource to be published in Los Ricos North.”
Carlyle Commodities Corp. would like to announce and welcome Mr. Inar Kamaletdinov as its new Chief Financial Officer. Mr. Kamaletdinov is a Chartered Professional Accountant with over 9 years of finance experience.
Greg Bronson, P.Geo., President of Benjamin Hill Mining Corp. states: “The work completed to date has revealed the extensive nature of mineralization on the property. Results of our exploration program reinforces our model of an epithermal copper-gold endowed system that could extend into a Cu-Au porphyry system at depth. Our systematic approach for exploring the property has paid off and the positive results we have received bode very well for the next phase of exploration which is diamond drilling. With drill ready targets in hand, BHM geologists are preparing to return to the field and kick off the inaugural drill program on this never drilled before property.”
Bacanora Lithium plc, a lithium development company, provides an update on the litigation with the Estate of Colin Orr-Ewing in regard to its challenge to the validity of the lithium royalty over the Sonora Lithium Project.
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