Denison Announces Appointment of Ron Hochstein as Board Chair and Welcomes New Directors
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TORONTO, May 11, 2021 /PRNewswire/ -
Denison Mines Corp. ( Denison or the Company ) (TSX: DML) (NYSE American: DNN) is pleased to announce the appointment of Mr. Ron F. Hochstein as Chair of the Board of Directors ( Board Chair ). Mr. Hochstein was elected Board Chair, and Mr. Brian Edgar was elected Lead Director, at a meeting of the Company s independent directors following the Company s Annual General Meeting. The Company is also pleased to welcome David Neuburger and Jennifer Traub to the Board of Directors. View PDF version
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Silver Bull Announces Postponement of Annual Meeting of Shareholders
Silver Bull Resources, Inc.April 12, 2021 GMT
VANCOUVER, British Columbia, April 12, 2021 (GLOBE NEWSWIRE) Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull” or the “Company”) today announced that it is postponing its 2021 annual meeting of shareholders (the “Meeting”) to April 19, 2021 to provide its shareholders with additional time to vote on the proposals submitted for shareholder approval at the Meeting. Shareholders are advised that because one of the proposals involves proposed amendments to the Company’s articles of incorporation, the holders of a majority of the outstanding shares of Silver Bull common stock must approve such proposal.
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Silver Bull Resources Inc. [SVB-TSX; SVBL-OTCQB] reported its maiden mineral resource estimate on the Beskauga copper-gold project in Kazakhstan completed by CSA Global Consultants Canada Ltd.
Highlights of the mineral resource report include an open-pit-constrained indicated mineral resource of 207 million tonnes grading 0.35 g/t gold, 0.23% copper and 1.09 g/t silver for 2.33 million ounces of gold, 476,100 tonnes of copper and 7.25 million ounces of silver.
The open-pit-constrained inferred mineral resource is 147 million tonnes grading 0.33 g/t gold, 0.15% copper and 1.02 g/t silver for 1.56 million ounces of gold, 220,500 tonnes of copper and 4.82 million ounces of silver.
The constraining pit was optimized and calculated using a net smelter returns royalty cut-off based on a price of: $1,500/oz for gold, $2.8/lb for copper, $17.2/oz for silver, and with an average recovery of 81.7% for copper and 51.8% for both gold and silver.
Notes:
An NSR $/t cut-off of $5.70/t was used, and the NSR formula is: NSR $/t = (38.137+11.612 x Cu%) x Cu% + (19.18 + 12.322 x Au g/t) x Au g/t + (0.07 + 0.0517 x Ag g/t) x Ag g/t
The NSR formula incorporates variable recovery formulae. Average copper recovery was 81.7% copper and 51.8% for both gold and silver.
Metal prices considered were $2.80/lb copper, $1,500/oz gold and $17.25/oz silver.
The Resource is stated within a pit shell that considers a 1.25 factor above the metal prices.
Mineral Resources are estimated and reported in accordance with the CIM Definition Standards for Mineral Resources and Mineral Reserves adopted 10 May 2014.