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Camino Minerals (TSXV:COR,OTCQB:CAMZF) Investor Overview
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Avalon Works Corp. Announces Completion of Acquisition of Elmtree Gold Project in NE New Brunswick, $5,040,500 Concurrent Financings and Listing on the TSX Venture Exchange
Avalon Works Corp. (TSXV: AWB) (the
Company ) is pleased to announce that, further to the news release issued by the Company on November 26, 2020, the Company has completed a consolidation (the
Consolidation ) of all issued and outstanding common shares on the basis of 4.9362-to-1 effective February 25, 2021 followed by the acquisition on February 26, 2021 (the
Acquisition ) of a mineral exploration property comprised of two mineral exploration properties respectively comprised of 24 and 25 contiguous mineral claims totaling 1,063,326 hectares in northeast New Brunswick known as the
Peruvian Metals has an 80 percent stake in the Aguila Norte processing plant located near the Pan American highway, close to Trujillo, Peru’s third-largest city. The plant’s strategic positioning makes it one of the few in the region capable of supporting the many small-scale mining activities and local artisanal mining processes in Northern Peru. This plant can conduct crushing, milling and flotation circuits with an initial systemic processing capacity of 100 tonnes per day.
The plant processed approximately 18 thousand tonnes of minerals for small miners in 2019 and has yielded thousands of highly marketable mineral assets. This processing includes approximately 4,000 metric tonnes of zinc concentrates (averaging 52.4 percent zinc) and over a thousand tonnes of lead-silver concentrates (averaging 52.9 percent and 125 ounces per tonne). The plant was shut down for nearly five months because of COVID-19 restrictions and reopened July 28, 2020. It has achieved over 70 percen