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Osisko Metals Inc V.OM

Alternate Symbol(s):  OMZNF

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company owns a 100% interest in the past-producing Gaspe Copper mine. The Gaspe Copper mine is located near Murdochville in Quebec's Gaspe Peninsula. In addition to the Gaspe Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance the past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The Pine Point project is located on the south shore of Great Slave Lake, Northwest Territories, close to infrastructure. Its Mount Copper Expansion Project hosts the undeveloped copper resource in Eastern North America. The Company also owns a group of 199 claims adjacent to its Gaspe Copper Project. The claims cover additional ground near the Gaspe Copper project.


TSXV:OM - Post by User

Bullboard Posts
Post by Tim2Agamion Aug 27, 2019 9:10am
81 Views
Post# 30069143

Inventory

Inventory

VANCOUVER, British Columbia, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today reported an electrical equipment failure on August 25, 2019, at the Trail Operations zinc refinery in Trail, British Columbia, Canada. The equipment failure affected one of four rectifiers used in the zinc refinery. There were no injuries or environmental impacts related to the failure.

Repairs are expected to take up to 20 weeks at an estimated cost of $5 – $10 million. During this time, refined zinc metal production at Trail will be limited to three of the four cell houses. As a result, production capacity during this time will be reduced by approximately 25%, resulting in an estimated production loss of 20,000 – 30,000 tonnes.


Read more at https://stockhouse.com/news/press-releases/2019/08/27/teck-reports-electrical-equipment-failure-at-trail-operations#JbOhvvUDBtMVrMDD.99
Bullboard Posts