Hochschild Mining Share Discussion Threads

[d3009] 30/4/2021 17:24

Thought I'd buy a few in today at sub 190. Hope the silver squeeze takes place tomorrow and we see some movement in silver price next week!

[knocknock] 29/4/2021 17:18

Not long now for gap to close.

[stevea171] 29/4/2021 14:39

Peru's Hochschild looks to invest US$21mn in drilling rigs at Pallancata mine
Tuesday, April 27, 2021

Peruvian miner Ares, a subsidiary of Hochschild Mining, plans to invest US$21.3mn in 66 drilling rigs to optimize operations at its Pallancata silver-gold mine.

In a supporting technical report (ITS) submitted to the environmental certification service for sustainable investments Senace, the company said the proposed works will not modify the mining-metallurgical processes.

The rigs will require 7.4km of new temporary access routes.

The drilling, which is for geotechnical, metallurgical and other purposes, is estimated to take nine months.

To continue reading, subscribe to BNamericas to get all the information in this article and access to related news items and reports.

[armourer] 28/4/2021 20:41

Qsmelly the fact FRES is down similarly tells me it's a coordinated smash down before this evenings FOMC meeting. I won't be surprised to see it back up tmrrw.

[juju44] 28/4/2021 19:48

Close but not yet

[qsmeily456] 28/4/2021 16:31

Market doesn't like this deal support broken 🌳🌴🎋🎄7794;🛩ԁ65;

[stevea171] 27/4/2021 22:14

Corina/Pallancata. Had hoped for a lot better. Look at the depth and width for only 2 holes of significance reported on.

Hochschild Intercepts 1.6m Averaging 6g/t Gold and 39g/t Silver at the Lara's Corina Gold Project in Peru.

Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Lara Exploration Ltd. (TSXV: LRA) ("Lara"), is pleased to report the receipt of additional drill results from partner Hochschild Mining plc., for Lara's Corina Gold Project in southern Peru. Hochschild reported completion of 2,095 metres of diamond drilling in Q1-2021, with a further 2,000m planned for Q2. Significantly mineralized intercepts have been released for two of the holes from the Q1-2021 drilling, which are summarized in the table below:

[338] 27/4/2021 14:02

Need to break $26.70... then $28... to get to $30...🚀

[338] 27/4/2021 14:00

algorithm has been setup for silver to hit $30

[risa5] 27/4/2021 13:47

Hochschild in US$10M Nevada gold deal

NV Gold shares jumped almost 24% yesterday as the junior announced Hochschild Mining had entered a US$10 million option over its SW Pipe gold project in Nevada.

27 April 2021

NV said within 30 days, Hochschild would pay $50,000 and the 2020 renewal costs for the property, which was about 6km southwest of the Pipeline gold mine operated by Barrick Gold and Newmont's Nevada Gold Mines.

Hochschild could earn 51% of SW Pipe by spending $7.5 million over five years and paying a further $750,000.

It could then purchase 100% of the project for $25 million or 12,500 ounces of gold - with the choice up to NV, which would retain a 2% net smelter royalty.

Or after earning 51%, Hochschild could earn a further 24% by spending a $2.5 million on exploration and delivering a feasibility study.

NV Gold said SW Pipe was said to host a shallow, sediment-hosted gold system.


"NV Gold will remain operator of the initial exploration programmes on the project and we are excited to work with Hochschild to test the project at depth for extensions of the neighbouring multimillion-ounce gold deposit at the Pipeline mine," president and CEO Peter Ball said.

Ball, NV chairman John Watson and high-profile investor Eric Sprott are among the junior's largest shareholders.

Ball said NV was touring "other interested mining companies" to its exploration projects in Nevada for further potential joint ventures.

The company had about C$1.6 million in cash at the end of February, according to a presentation this week.

London-listed Hochschild has precious metals operations in Peru and Argentina.

It said last week it was on track to meet its 2021 production target of 360,000-372,000 gold-equivalent ounces.

Its shares are trading near the middle of a 52-week range, around 195p, capitalising it about £1 billion (US$1.4 billion).

NV Gold shares (TSXV: NVX) have ranged from C13.5-47.5c over the past year and gained 23.9% yesterday to close at 28.5c, valuing it at $18.5 million (US$15 million).

[risa5] 27/4/2021 13:35

NV Gold Signs up to US$10 Million Option Deal with Hochschild on its 100% Controlled SW Pipe Gold Project

April 26, 2021
NV Gold Corporation (TSXV:NVX)(OTCQB:NVGLF) (“NV Gold” or the “Company”) reports that Hochschild Mining (US) Inc. (“HOC US”), a subsidiary of Hochschild Mining PLC (“Hochschild”) (LSE:HOC), has entered into an option agreement (the “Agreement”) with it in respect of the Company’s 100% controlled SW Pipe Gold Project (the “Property”), located along the Cortez Gold Belt approximately 6 km southwest of the Pipeline Gold Mine operated by Nevada Gold Mines (joint venture between Barrick Gold Corp. and Newmont Corporation).

Highlights of the Option Agreement:

Within 30 days of signing the Agreement HOC US will pay the Company US$50,000 plus the annual renewal costs of the Property in 2020.

HOC US can earn a 51% interest in the Property by incurring US$7.5 million in exploration expenditures over 5 years (“Phase 1 Earn-in”) and making additional cash payments to NV Gold totalling US$750,000.
HOC US may earn-in an additional 24% interest in the Property by incurring an additional US$2.5 million in exploration expenditures and delivering a completed Feasibility Study within 3 years of the Phase 1 Earn-in date (which may be extended by up to 3 further years subject to agreed payments by HOC US for each 12 month extension (“Phase 2 Earn-in”).

At anytime after earning in a 51% interest in the Property (but prior to the expiry of the Phase 2 Earn-in period), HOC US can purchase 100% of the Property for US$25 million or 12,500 ounces of gold, at NV Gold’s election, and NV Gold would retain a 2% Net Smelter Royalty.

“The close proximity to a larger operating gold mining complex operated by Nevada Gold Mines, and the known low grade gold system present at the SW Pipe Gold Project, provides the opportunity for a major discovery at depth.
NV Gold will remain operator of the initial exploration programs on the project and we are excited to work with Hochschild to test the project at depth for extensions of the neighbouring multi-million ounce gold deposit at the Pipeline Mine. Initially the work will be aimed at assessing the potential for mineralization beyond the historic drilling and, in particular, for mineralization within steep “feeder” structures, which have not been tested by the historic vertical drilling. This will be an exciting exploration program,” commented Peter A. Ball, President and CEO of NV Gold.

About the SW Pipe Gold Project
...

[338] 27/4/2021 10:54

Looks good... $30 for silver in the making 👍

[the skipper] 26/4/2021 23:45

JLP - about to massively ramp up copper production from tailings, with none of the risks that go with mining. Also increasing cash flows exponentially from processing PGM group metals, with the possibility of a very large cash injection if one of the big miners snaps up its Tjate platinum deposit. Nothing at all in the current valuation for that.

[stevea171] 23/4/2021 16:37

AAZ. gold, copper, and silver.
Mkt Cap: £159 million.
$40 million net cash, paying 5.7% dividends.
Has the licences and property to expand to mid cap in the next few years.
Brilliant company.

[indigocarmine] 23/4/2021 13:33

Atalaya Mining is mostly copper - small cap though

[farrugia] 23/4/2021 12:53

do you guys know any mid-copper miners? I'm not interested in the huge companies.

[sotolo] 23/4/2021 07:03

Surprising absolutely nothing about the rare earths in latest statement

[338] 22/4/2021 12:09

Is it still trying to fill the gap at 160p?

[banj] 22/4/2021 11:19

Hammering in a bottom before the journey up!

[farrugia] 22/4/2021 11:06

why is this down?

[knocknock] 22/4/2021 11:05

Now that's a jolly good idea