Cotec Files Preliminary Economic Assessment and Technical Report for the Lac Jeannine Iron Tailings Project, Québec, Canada
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) has filed an independent National Instrument 43-101 technical report for its Lac Jeannine Iron Tailings Project in Québec, Canada. The report, dated August 5, 2024, with an effective date of March 19, 2024, includes a Mineral Resource Estimate and Preliminary Economic Assessment (PEA). The PEA results, previously announced on June 27, 2024, remain unchanged, with no material differences between the filed report and the earlier release. The company confirms that no new information materially affects the previously disclosed PEA results. The full technical report is now available on SEDAR+ and CoTec's website for public access.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ha presentato un rapporto tecnico indipendente secondo il National Instrument 43-101 per il suo Progetto di Scarti Ferroviari di Lac Jeannine nel Québec, Canada. Il rapporto, datato 5 agosto 2024, con una data di efficacia del 19 marzo 2024, include una Stima delle Risorse Minerarie e una Valutazione Economica Preliminare (PEA). I risultati della PEA, annunciati in precedenza il 27 giugno 2024, rimangono invariati, senza differenze significative tra il rapporto presentato e il rilascio precedente. La società conferma che nessuna nuova informazione influisce materialmente sui risultati della PEA precedentemente divulgati. Il rapporto tecnico completo è ora disponibile su SEDAR+ e sul sito web di CoTec per l'accesso pubblico.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ha presentado un informe técnico independiente conforme al Instrumento Nacional 43-101 para su Proyecto de Relaves de Hierro Lac Jeannine en Québec, Canadá. El informe, fechado el 5 de agosto de 2024, con una fecha de efectividad del 19 de marzo de 2024, incluye una Estimación de Recursos Minerales y una Evaluación Económica Preliminar (PEA). Los resultados de la PEA, anunciados anteriormente el 27 de junio de 2024, permanecen sin cambios, sin diferencias materiales entre el informe presentado y el anuncio anterior. La empresa confirma que no hay nueva información que afecte materialmente los resultados de la PEA previamente divulgados. El informe técnico completo ya está disponible en SEDAR+ y en el sitio web de CoTec para acceso público.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF)은 캐나다 퀘벡의 라크 제닌 철재 폐기물 프로젝트에 대해 독립적인 National Instrument 43-101 기술 보고서를 제출했습니다. 이 보고서는 2024년 8월 5일자로 작성되었으며, 효력일은 2024년 3월 19일입니다. 해당 보고서에는 광물 자원 추정 및 초기 경제성 평가(PEA)가 포함되어 있습니다. PEA 결과는 2024년 6월 27일에 발표된 바와 같으며, 제출된 보고서와 이전 발표 간에 실질적인 차이는 없습니다. 회사는 새로운 정보가 이전에 공개된 PEA 결과에 실질적으로 영향을 미치지 않음을 확인합니다. 전체 기술 보고서는 이제 SEDAR+ 및 CoTec 웹사이트에서 공개적으로 접근할 수 있습니다.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) a déposé un rapport technique indépendant selon le National Instrument 43-101 pour son Projet de Déchets de Fer de Lac Jeannine au Québec, Canada. Le rapport, daté du 5 août 2024, avec une date d'effet du 19 mars 2024, comprend une Estimation des Ressources Minérales et une Évaluation Économique Préliminaire (PEA). Les résultats de la PEA, annoncés précédemment le 27 juin 2024, demeurent inchangés, sans différences matérielles entre le rapport déposé et l'annonce précédente. La société confirme qu'aucune nouvelle information n'affecte de manière significative les résultats de la PEA divulgués précédemment. Le rapport technique complet est désormais disponible sur SEDAR+ et sur le site Web de CoTec pour un accès public.
CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) hat einen unabhängigen technischen Bericht gemäß dem National Instrument 43-101 für sein Eisenrückstandsprojekt Lac Jeannine in Québec, Kanada, eingereicht. Der Bericht, datiert auf den 5. August 2024, mit Stichtag 19. März 2024, enthält eine Mineralressourcenschätzung und eine vorläufige Wirtschaftlichkeitsanalyse (PEA). Die Ergebnisse der PEA, die zuvor am 27. Juni 2024 bekannt gegeben wurden, bleiben unverändert, ohne wesentliche Unterschiede zwischen dem eingereichten Bericht und der früheren Veröffentlichung. Das Unternehmen stellt fest, dass keine neuen Informationen die zuvor veröffentlichten PEA-Ergebnisse wesentlich beeinflussen. Der vollständige technische Bericht ist jetzt auf SEDAR+ und der Website von CoTec öffentlich zugänglich.
- Filing of NI 43-101 technical report for Lac Jeannine Iron Tailings Project
- Confirmation of previously announced PEA results with no material changes
- None.
VANCOUVER, BC / ACCESSWIRE / August 8, 2024 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce that it has filed an independent National Instrument 43-101 technical report entitled "Mineral Resource Estimate, Preliminary Economic Assessment and NI 43-101 technical report for CoTec's Lac Jeannine Fe Tailings Project, Québec, Canada" dated August 5, 2024 and having an effective date of March 19, 2024 prepared by Addison Mining Services Ltd., JPL GeoServices Inc., Soutex Inc., Amerston Consulting Ltd. and Axe Valley Mining Consultants Ltd (the "PEA").
The results of the PEA were previously announced by the Company in a news release dated June 27, 2024 (the "PEA Results Release").
The Company is not aware of any new information or data that materially affects the information included in the PEA Results Release and confirms that there are no material differences in the results of the preliminary economic assessment between the PEA and the PEA Results Release.
A copy of the PEA is available under the Company's profile on SEDAR+ (www.sedarplus.com) and the Company's website (www.cotec.ca).
About CoTec
CoTec is a publicly traded investment issuer listed on the TSX Venture Exchange ("TSX-V") and the OTCQB and trades under the symbols CTH and CTHCF, respectively. The Company is an environment, social, and governance ("ESG")-focused company investing in innovative technologies that have the potential to fundamentally change the way metals and minerals can be extracted and processed for the purpose of applying those technologies to undervalued operating assets and recycling opportunities, as the Company transitions into a mid-tier mineral resource producer.
CoTec is committed to supporting the transition to a lower carbon future for the extraction industry, a sector on the cusp of a green revolution as it embraces technology and innovation. The Company has made four investments to date and is actively pursuing operating opportunities where current technology investments could be deployed.
For further information, please contact:
Braam Jonker - (604) 992-5600
Forward-Looking Information Cautionary Statement
Statements in this news release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the PEA and results thereof, transition to a lower carbon future and the Company's participation therein and contribution thereto, as well as management's expectations with respect to the Lac Jeannine investment and other current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to known and unknown risks and uncertainties affecting the Company, including, but not limited to: resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company, please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR+ profile at www.sedarplus.com. The Company assumes no responsibility to update forward-looking statements in this news release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR+ at www.sedarplus.com.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: CoTec Holdings Corp.
View the original press release on accesswire.com
FAQ
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