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Antero Resources Corp T.AR


Primary Symbol: AR

Antero Resources Corporation is an independent natural gas and natural gas liquids (NGLs) company. The Company is engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. The Company targets large, repeatable resource plays where horizontal drilling and advanced fracture stimulation technologies provide the means to economically develop and produce natural gas, NGLs and oil from unconventional formations. The Company operates through three segments: the exploration, development, and production of natural gas, NGLs and oil; marketing of excess firm transportation capacity; and midstream services through its equity method investment in Antero Midstream Corporation (Antero Midstream). The Company holds approximately 515,000 net acres of natural gas, NGLs and oil properties located in the Appalachian Basin, primarily in West Virginia and Ohio.


NYSE:AR - Post by User

Comment by ARGONAUTGOLDon Jan 21, 2024 3:10pm
187 Views
Post# 35838077

RE:Florida Canyon Mine

RE:Florida Canyon Mine
Did you know? Florida Canyon’s previous drill results concluded 7M tonnes of 3.6 g/t AU for an additional 822Koz of gold. Richard Young recently said that the company is currently building the next leach pad and doubling plant capacity at Florida Canyon. Consequently, it will have a new life of mine plan that generates significant free cash flow. The company also plans to increase flow rates on their leach pad, which will result in a higher recovery rate. The company recently hired Owen Nichols (who recently drilled out over 4Moz for Equinox Gold) to work his magic on Florida Canyon’s 5Moz oxide deposit and, consequently, expand the oxide reserves. The company commenced drill operations at Florida Canyon on August 1, 2023. Infill drill results are being incorporated into technical reports. The release of technical reports is expected in March 2024 and the third quarter of 2024. The Resources and Reserves update is due in December 2024.
 
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