Jervois Mining Ltd. is pleased to announce successful completion of an updated Bankable Feasibility Study for its 100%-owned Idaho Cobalt Operation in the United States. Since acquiring ICO in mid-2019, Jervois has increased confidence in its ability to successfully bring the site into commercial production. The technical quality, rigour and conservatism applied in the BFS has confirmed the uniqueness of ICO in its [...]
Jervois Mining has received from the Australian Tax Office a research and development tax refund of A$1.537 million for the year ending June 2019 - Refund relates to metallurgical and other process testwork on Jervois's 100% owned Nico Young nickel-cobalt heap leach development in New South Wales, Australia - Nico Young NI 43-101 Preliminary Economic Assessment confirmed the deposit represents an attractive opportunity [...]
Jervois Mining Ltd. recognises that our financial and environmental, social and governance performance are intrinsically linked. As our company evolves and grows, we have committed to continuous improvement including through the progressive integration of material ESG matters within our business and governance. Jervois has undertaken a review of its ESG regime and is working towards implementing new policies and standards [...]
Jervois Mining is pleased to advise it is recommencing drilling activities at its Kilembe area properties in western Uganda following a hiatus during COVID-19 restrictions. ervois has been advised by the Government of Uganda that it shall shortly receive the signed environmental approval from NEMA to execute an initial 1,000 metres of diamond core drilling on the CC copper-gold target in the Kilembe area of western [...]
In accordance with ASX Listing Rule 3.16.3, Jervois Mining Ltd., announces that Ernst & Young has been appointed as auditor of the Company, replacing BDO East Coast Partnership. The Australian Securities and Investments Commission has consented to the appointment in accordance with section 329 of the Australian Corporations Act 2001. Jervois selected EY based on their reputation and scale of international capabilities [...]
Jervois Mining Ltd. Click Image To View Full Size CORPORATE UPDATE Liquidity Jervois Mining ended the June 2020 quarter with A$5.8 million in cash and no debt. Despite global upheaval caused by Covid-19 and its impact on capital markets, Jervois retains a strong balance sheet and adequate liquidity to fund its current operational footprint for more than 12 months. Budgeted activities scheduled within this timeframe [...]
HIGHLIGHTS - Jervois Board approves mobilisation of a drill crew to the Kilembe area, Uganda to test the CC copper-gold target. - Jervois completed 21 diamond drill holes at the Kilembe Area properties during 2019-20 to test high-grade Cu-Au anomalies - results providing key information for follow-up drilling. - Up to 1,000 metres of core drilling is designed to test areas with highest grade rock grabs and soil samples at [...]
Jervois Mining Ltd. is pleased to provide an opportunity to view a virtual presentation by Chief Executive Officer Bryce Crocker who will present at the NWR Resources Virtual Conference on Wednesday 6 May. Event: NWR Communications Virtual Small Cap Resources Conference Presenting: CEO Bryce Crocker Time: 9.30am on Wednesday 6 May. Register online to view the presentation here [...]
HIGHLIGHTS Workstreams of ICO Bankable Feasibility Study in final stages; public release delayed due to Covid-19 outbreak Jervois received indicative financing proposals for ICO from selected lenders invited to tender; BFS economic outcomes will be provided to potential lender shortly, with revised term sheets to finalise appointment RPM appointed as Independent Engineer to act on behalf of lender for ICO debt financing [...]
Jervois Mining Ltd. is pleased to announce it has strengthened senior management at the Idaho Cobalt Operations , with Mr Jess Birtcher joining the team in Salmon, Idaho as Finance Manager. Mr Birtcher is an experienced resources executive and joins Jervois from Coeur Mining , which operates five precious metal mines in North America and is listed on the New York Stock Exchange. At Coeur, Mr Birtcher held the roles of [...]
HIGHLIGHTS Final assay results received from drilling at Kilembe, in western Uganda, to test high-grade Cu-Au anomalies. New highlights include: 6.1m @ 2.10 g/t Au; 0.24% Cu from 101.3m - hole 20DDHS002 Including 1.0m @ 11.50 g/t Au; 1.36% Cu from 102.2m 1.0m @ 5.21 g/t Au; 0.73% Cu from 39.3m - hole 19DDHS015 8.0m @ 1.26 g/t Au; 0.15% Cu from 64.0m - hole 20DDHS001 6.0m @ 1.90 g/t Au; 0.43% Cu from 70.0m - hole 20DDHS002 [...]
Key Points ICO Bankable Feasibility Study close to finalisation; public release delayed pending further customer off-take negotiations Lender IE review of the BFS by RPM Global USA Inc is continuing as planned, but remotely. Planned April ICO site visit is delayed until safe travel and site access is guaranteed. No definitive or material impact on debt financing schedule Jervois will provide the BFS economic outcomes in [...]
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