Annonce • 3h
Major Drilling Group International Inc. to Report Q4, 2026 Results on Jun 10, 2026 Major Drilling Group International Inc. announced that they will report Q4, 2026 results After-Market on Jun 10, 2026 Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Director Shannon McCrae was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Feb 26
Major Drilling Group International Inc. Announces Appointment of Shannon McCrae to the Board of Directors, Effective February 25, 2026 Major Drilling Group International Inc. announced the appointment of Shannon McCrae to the Board of Directors, effective February 25, 2026. McCrae is a seasoned professional geologist and mining executive with more than 25 years of experience in the resource industry, having held senior executive positions at Barrick Gold and De Beers Canada. Her expertise spans from early-stage exploration activities, with a track record of driving economic discoveries, to mine sites in a number of leading mining jurisdictions. She also serves as a Board member of Gold Fields, Fuerte Metals, and previously served as a Director of Probe Gold, Boart Longyear and Vox Royalty. Ms. McCrae holds the P. Geo and ICD.D professional accreditations and earned a BSc (Geology) from Western University. Annonce • Feb 11
Major Drilling Group International Inc. to Report Q3, 2026 Results on Feb 25, 2026 Major Drilling Group International Inc. announced that they will report Q3, 2026 results After-Market on Feb 25, 2026 Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Caroline Donally was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 27
Major Drilling Group International Inc. to Report Q2, 2026 Results on Dec 10, 2025 Major Drilling Group International Inc. announced that they will report Q2, 2026 results After-Market on Dec 10, 2025 Annonce • Aug 25
Major Drilling Group International Inc. to Report Q1, 2026 Results on Sep 08, 2025 Major Drilling Group International Inc. announced that they will report Q1, 2026 results After-Market on Sep 08, 2025 Annonce • Jun 24
Major Drilling Group International Inc., Annual General Meeting, Sep 09, 2025 Major Drilling Group International Inc., Annual General Meeting, Sep 09, 2025. Annonce • Jun 12
Major Drilling Group International Inc. Provides Revenue Guidance for the First Quarter of Fiscal Year 2026 Major Drilling Group International Inc. provided revenue guidance for the first quarter of fiscal year 2026. For the quarter, the company expects revenue to grow by approximately 20% relative to fiscal 2025 Fourth Quarter levels. Annonce • May 28
Major Drilling Group International Inc. to Report Q4, 2025 Results on Jun 11, 2025 Major Drilling Group International Inc. announced that they will report Q4, 2025 results on Jun 11, 2025 Annonce • Feb 13
Major Drilling Group International Inc. to Report Q3, 2025 Results on Mar 06, 2025 Major Drilling Group International Inc. announced that they will report Q3, 2025 results After-Market on Mar 06, 2025 Annonce • Dec 13
Major Drilling Group International Inc. Appoints Ashley Martin as Chief Operating Officer Major Drilling Group International Inc. (Major Drilling) announced the appointment of Ashley Martin as Chief Operating Officer (COO) of the Company, effective immediately. As COO, Mr. Martin will work closely with recently appointed Chief Technology Officer (CTO), Marc Landry, to implement innovative operational solutions and data technologies throughout the organization, a reflection of Major Drillings commitment to enhancing operational efficiency and continuous improvements on safety. This new role will help support growth initiatives in terms of integration of latest Explomin acquisition, but also in terms of organic growth in new jurisdictions, Mr. Larocque explained. The creation of new COO and CTO roles is aimed at reinforcing position as the leader in the specialized drilling market and meeting the increasing demands of valued customers, as the long-term outlook for the Company remains encouraging, said Mr. Larocque. Annonce • Nov 21
Major Drilling Group International Inc. to Report Q2, 2025 Results on Dec 05, 2024 Major Drilling Group International Inc. announced that they will report Q2, 2025 results After-Market on Dec 05, 2024 Annonce • Nov 05
Major Drilling Group International Inc. (TSX:MDI) acquired Explomin Del Peru S.A. for $85 million. Major Drilling Group International Inc. (TSX:MDI) entered into an agreement to acquire Explomin Del Peru S.A. for $85 million on November 5, 2024. As per the terms of the agreement, Major Drilling will pay up to a maximum of $85 million for Explomin, comprised of (i) a cash payment of $63 million paid on closing of the acquisition, subject to working capital adjustments; and (ii) an earn-out of up to $22 million payable in cash over the next three years, based on the achievement of certain EBITDA growth milestones. In order to achieve the full earn-out amount, Explomin is required to reach average annual EBITDA of approximately $21 million over the three-year earnout period. Carlos Urrea, Chairman and Founder of Explomin, and the existing management team will remain in place to continue building on a strong reputation as the specialized driller of choice in the regions in which they operate. The purchase price will be funded by Major Drilling’s cash position and existing debt facilities. For the period ending October 31, 2024, Explomin Del Peru S.A. reported total revenue of $95 million and EBITDA of $16 million.
Major Drilling Group International Inc. (TSX:MDI) completed the acquisition of Explomin Del Peru S.A. on November 5, 2024. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €4.82, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 20% over the past three years. Reported Earnings • Sep 06
First quarter 2025 earnings released: EPS: CA$0.19 (vs CA$0.26 in 1Q 2024) First quarter 2025 results: EPS: CA$0.19 (down from CA$0.26 in 1Q 2024). Revenue: CA$190.0m (down 4.4% from 1Q 2024). Net income: CA$15.9m (down 27% from 1Q 2024). Profit margin: 8.4% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Aug 22
Major Drilling Group International Inc. to Report Q1, 2025 Results on Sep 04, 2024 Major Drilling Group International Inc. announced that they will report Q1, 2025 results After-Market on Sep 04, 2024 Recent Insider Transactions • Jun 24
Insider recently bought €120k worth of stock On the 21st of June, Ben Graham bought around 20k shares on-market at roughly €5.98 per share. This transaction increased Ben's direct individual holding by 1x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €294k more in shares than they have sold in the last 12 months. Annonce • Jun 18
Major Drilling Group International Inc., Annual General Meeting, Sep 05, 2024 Major Drilling Group International Inc., Annual General Meeting, Sep 05, 2024. Reported Earnings • Jun 13
Full year 2024 earnings released: EPS: CA$0.64 (vs CA$0.90 in FY 2023) Full year 2024 results: EPS: CA$0.64 (down from CA$0.90 in FY 2023). Revenue: CA$706.7m (down 3.9% from FY 2023). Net income: CA$53.1m (down 29% from FY 2023). Profit margin: 7.5% (down from 10% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 1.8% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jun 12
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 6.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Annonce • May 29
Major Drilling Group International Inc. to Report Q4, 2024 Results on Jun 11, 2024 Major Drilling Group International Inc. announced that they will report Q4, 2024 results After-Market on Jun 11, 2024 Reported Earnings • Mar 03
Third quarter 2024 earnings released: CA$0.03 loss per share (vs CA$0.076 profit in 3Q 2023) Third quarter 2024 results: CA$0.03 loss per share (down from CA$0.076 profit in 3Q 2023). Revenue: CA$132.8m (down 11% from 3Q 2023). Net loss: CA$2.31m (down 137% from profit in 3Q 2023). Revenue is forecast to grow 5.4% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Feb 16
Major Drilling Group International Inc. to Report Q3, 2024 Results on Feb 29, 2024 Major Drilling Group International Inc. announced that they will report Q3, 2024 results After-Market on Feb 29, 2024 New Risk • Jan 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 3.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Dec 08
Second quarter 2024 earnings released: EPS: CA$0.29 (vs CA$0.28 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.29 (up from CA$0.28 in 2Q 2023). Revenue: CA$207.0m (up 2.6% from 2Q 2023). Net income: CA$23.7m (flat on 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Nov 24
Major Drilling Group International Inc. to Report Q2, 2024 Results on Dec 07, 2023 Major Drilling Group International Inc. announced that they will report Q2, 2024 results After-Market on Dec 07, 2023 Reported Earnings • Sep 06
First quarter 2024 earnings released: EPS: CA$0.26 (vs CA$0.29 in 1Q 2023) First quarter 2024 results: EPS: CA$0.26 (down from CA$0.29 in 1Q 2023). Revenue: CA$198.9m (flat on 1Q 2023). Net income: CA$21.8m (down 10% from 1Q 2023). Profit margin: 11% (down from 12% in 1Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annonce • Aug 24
Major Drilling Group International Inc. to Report Q1, 2024 Results on Sep 05, 2023 Major Drilling Group International Inc. announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Sep 05, 2023 Annonce • Jun 17
Major Drilling Group International Inc., Annual General Meeting, Sep 07, 2023 Major Drilling Group International Inc., Annual General Meeting, Sep 07, 2023. Reported Earnings • Jun 14
Full year 2023 earnings released: EPS: CA$0.90 (vs CA$0.65 in FY 2022) Full year 2023 results: EPS: CA$0.90 (up from CA$0.65 in FY 2022). Revenue: CA$735.7m (up 13% from FY 2022). Net income: CA$74.9m (up 40% from FY 2022). Profit margin: 10% (up from 8.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Annonce • May 31
Major Drilling Group International Inc. to Report Q4, 2023 Results on Jun 13, 2023 Major Drilling Group International Inc. announced that they will report Q4, 2023 results After-Market on Jun 13, 2023 Reported Earnings • Mar 03
Third quarter 2023 earnings released: EPS: CA$0.08 (vs CA$0.069 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.08 (up from CA$0.069 in 3Q 2022). Revenue: CA$149.2m (up 7.5% from 3Q 2022). Net income: CA$6.27m (up 11% from 3Q 2022). Profit margin: 4.2% (up from 4.1% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 2 years, compared to a 1.2% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Annonce • Feb 17
Major Drilling Group International Inc. to Report Q3, 2023 Results on Mar 02, 2023 Major Drilling Group International Inc. announced that they will report Q3, 2023 results After-Market on Mar 02, 2023 Reported Earnings • Dec 09
Second quarter 2023 earnings released: EPS: CA$0.29 (vs CA$0.17 in 2Q 2022) Second quarter 2023 results: EPS: CA$0.29 (up from CA$0.17 in 2Q 2022). Revenue: CA$201.7m (up 18% from 2Q 2022). Net income: CA$23.6m (up 65% from 2Q 2022). Profit margin: 12% (up from 8.4% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 2.9% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 07
First quarter 2023 earnings released: EPS: CA$0.29 (vs CA$0.14 in 1Q 2022) First quarter 2023 results: EPS: CA$0.29 (up from CA$0.14 in 1Q 2022). Revenue: CA$199.8m (up 32% from 1Q 2022). Net income: CA$24.2m (up 119% from 1Q 2022). Profit margin: 12% (up from 7.3% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 21
Insider recently bought €60k worth of stock On the 15th of July, Kelly Johnson bought around 10k shares on-market at roughly €5.99 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €167k more in shares than they have sold in the last 12 months. Reported Earnings • Jun 09
Full year 2022 earnings released Full year 2022 results: Revenue: CA$650.4m (up 51% from FY 2021). Net income: CA$53.5m (up 433% from FY 2021). Profit margin: 8.2% (up from 2.3% in FY 2021). Over the next year, revenue is forecast to grow 12%, compared to a 36% growth forecast for the mining industry in Germany. Recent Insider Transactions • Mar 24
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Recent Insider Transactions • Mar 24
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Recent Insider Transactions • Mar 23
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Recent Insider Transactions • Mar 22
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Recent Insider Transactions • Mar 22
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Recent Insider Transactions • Mar 22
Insider recently sold €39k worth of stock On the 18th of March, Ben Graham sold around 5k shares on-market at roughly €8.52 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €16k more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment improved over the past week After last week's 20% share price gain to €8.10, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 176% over the past three years. Reported Earnings • Mar 05
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: CA$0.07 (up from CA$0.018 loss in 3Q 2021). Revenue: CA$138.8m (up 38% from 3Q 2021). Net income: CA$5.68m (up CA$7.14m from 3Q 2021). Profit margin: 4.1% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 7.5%. Over the next year, revenue is forecast to grow 15%, compared to a 23% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 38% per year. Reported Earnings • Dec 03
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: CA$0.17 (up from CA$0.087 in 2Q 2021). Revenue: CA$170.7m (up 50% from 2Q 2021). Net income: CA$14.3m (up 104% from 2Q 2021). Profit margin: 8.4% (up from 6.1% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to grow 13%, compared to a 13% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 11
High number of new directors Independent Director Julie Lam was the last director to join the board, commencing their role in 2020. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 25% share price gain to €6.35, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total returns to shareholders of 98% over the past three years. Executive Departure • Sep 07
Independent Director Edward Breiner has left the company On the 3rd of September, Edward Breiner's tenure as Independent Director ended after 15.3 years in the role. As of June 2021, Edward still personally held 41.00k shares (€236k worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.46 years. Executive Departure • Sep 07
Independent Director John Burzynski has left the company On the 3rd of September, John Burzynski's tenure as Independent Director ended after 3.0 years in the role. We don't have any record of a personal shareholding under John's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 4.46 years. Reported Earnings • Sep 04
First quarter 2022 earnings released: EPS CA$0.14 (vs CA$0.027 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: CA$151.0m (up 69% from 1Q 2021). Net income: CA$11.1m (up 415% from 1Q 2021). Profit margin: 7.3% (up from 2.4% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Reported Earnings • Jun 16
Full year 2021 earnings released: EPS CA$0.12 (vs CA$0.88 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: CA$432.1m (up 5.6% from FY 2020). Net income: CA$10.0m (up CA$81.0m from FY 2020). Profit margin: 2.3% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Reported Earnings • Mar 05
Third quarter 2021 earnings released: CA$0.02 loss per share (vs CA$0.12 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: CA$100.4m (up 23% from 3Q 2020). Net loss: CA$1.47m (loss narrowed 85% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations Revenue exceeded analyst estimates by 6.6%. Over the next year, revenue is forecast to grow 23%, compared to a 22% growth forecast for the Metals and Mining industry in Germany. Annonce • Feb 20
Major Drilling Group International Inc. to Report Q3, 2021 Results on Mar 04, 2021 Major Drilling Group International Inc. announced that they will report Q3, 2021 results After-Market on Mar 04, 2021 Is New 90 Day High Low • Feb 11
New 90-day high: €5.00 The company is up 21% from its price of €4.14 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 54% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.82 per share. Is New 90 Day High Low • Jan 07
New 90-day high: €4.96 The company is up 16% from its price of €4.28 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 48% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.92 per share. Annonce • Nov 27
Major Drilling Group International Inc. to Report Q2, 2021 Results on Dec 10, 2020 Major Drilling Group International Inc. announced that they will report Q2, 2021 results at 5:00 PM, Eastern Standard Time on Dec 10, 2020 Is New 90 Day High Low • Nov 24
New 90-day low: €3.80 The company is down 2.0% from its price of €3.88 on 26 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.23 per share. Is New 90 Day High Low • Oct 06
New 90-day high: €4.86 The company is up 63% from its price of €2.98 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.72 per share. Is New 90 Day High Low • Sep 18
New 90-day high: €4.50 The company is up 94% from its price of €2.32 on 19 June 2020. The German market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €17.67 per share. Annonce • Sep 17
Major Drilling Group International Inc. Commences Drilling At Its Aureus West Project in Nova Scotia Aurelius Minerals Inc. announce it has received approval from the Government of Nova Scotia for the initial 4,000 metre ("m") drilling program at the Aureus West project and drilling has commenced. Aurelius has contracted Major Drilling Group International Inc. to execute the surface drilling program as well as the previously announced underground drilling program at the Aureus East project. Drilling Program Highlights: 4,000m of drilling at the Aureus West project to take place concurrently with the ongoing 6,000m underground program at the Aureus East project; Surface drilling at Aureus West aims to extend the depth of previously known gold mineralization at depth and along strike, as well as discover additional auriferous saddles along parallel potentially mineralized trend near surface. Surface drilling at Aureus West will aim to extend the gold mineralized corridor below the approximate current depth of 300m and drill laterally to confirm the potential for parallel saddle systems. The Aureus West program aims to drill to depths of up to 1km from surface and covering 400m of strike along the main anticline. There is evidence from surface mapping, LIDAR and historical drilling of the presence of additional anticlines, potentially with their own gold bearing saddle veins to the north and south of the main anticline. Underground drilling at Aureus East is well underway. Two holes, of 764m, have been completed with a third ongoing. Results of the drilling will be made available as sampling and assay data is received. Further to the Company's press release (September 9, 2020), 21 of 27 previously unsampled and un-assayed drill holes from Aureus West and East are currently at the ALS Geochemistry facility in Moncton, NB. Results will be released to the market as they become available. In addition to the commencement of drilling at Aureus West, the Company is continuing its geological compilation and target evaluation work at the Tangier and Forest Hill projects ahead of future drilling. Aurelius has developed and implemented compliant precautions and procedures that are in line with guidelines for the Province of Nova Scotia. Protocols were put in place to ensure the safety of the employees and contractors, thereby reducing the potential for community contact and spreading of the virus. Mr. Jeremy Niemi, P.Geo. and Vice President, Exploration of Aurelius and the Company's Qualified Person as defined by National Instrument 43-101 has reviewed and approved the technical information in this release. Annonce • Aug 26
Major Drilling Group International Inc. to Report Q1, 2021 Results on Sep 08, 2020 Major Drilling Group International Inc. announced that they will report Q1, 2021 results at 5:00 PM, Eastern Standard Time on Sep 08, 2020 Annonce • Jun 22
Major Drilling Group International Inc.(TSX:MDI) dropped from S&P/TSX Global Mining Index Major Drilling Group International Inc.(TSX:MDI) dropped from S&P/TSX Global Mining Index