This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsPembridge Resources(18AA)株式概要Pembridge Resources plc focuses on exploring base and precious metals in Canada. 詳細18AA ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6報酬当社が推定した公正価値より99.3%で取引されている リスク分析意味のある時価総額がありません ( €255K )収益が 100 万ドル未満 ( $0 )株式の流動性は非常に低い すべてのリスクチェックを見る18AA Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.0005該当なし内在価値ディスカウントEst. Revenue$PastFuture-11m21m2016201920222025202620282031Revenue US$0.6Earnings US$0.07AdvancedSet Fair ValueView all narrativesPembridge Resources plc 競合他社Pasinex ResourcesSymbol: DB:PNXMarket cap: €13.6mA.I.S. ResourcesSymbol: TSXV:AISMarket cap: CA$6.4mAlice QueenSymbol: ASX:AQXMarket cap: AU$15.4mGreenland ResourcesSymbol: DB:M0LYMarket cap: €119.4m価格と性能株価の高値、安値、推移の概要Pembridge Resources過去の株価現在の株価UK£0.000552週高値UK£0.0352週安値UK£0.0005ベータ0.881ヶ月の変化0%3ヶ月変化-80.00%1年変化-98.31%3年間の変化-97.52%5年間の変化n/aIPOからの変化-99.98%最新ニュースお知らせ • May 25Pembridge Resources plc, Annual General Meeting, Jun 12, 2023Pembridge Resources plc, Annual General Meeting, Jun 12, 2023, at 09:00 Coordinated Universal Time. Location: 45 Gresham Street, London, EC2V 7BG London United Kingdomお知らせ • Nov 19Pembridge Resources plc announced that it has received £4.673773 million in fundingPembridge Resources plc announced that it has closed loan agreement for gross proceeds of up to £4,673,773 on November 18, 2022. The convertible loan carry a interest rate of 14%, repayable by 31 December 2025. The loan notes may be converted into ordinary shares. The transaction will include participation from returning investor Gati Al-Jebouri, CEO and Chairman. The transaction is approved by the board of directors of the company.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 19Pembridge Resources plc announced that it has received £0.08 million in fundingPembridge Resources plc announced that it has issued convertible loan and received gross proceeds of £80,000 on December 17, 2021. The transaction included participation from Gati Al-Jebouri, chief executive officer of the company. The loan doesn't carry any interest rate and is to be converted to common shares at an exercise price of £0.05 on or shortly after May 17, 2022.Board Change • Dec 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.最新情報をもっと見るRecent updatesお知らせ • May 25Pembridge Resources plc, Annual General Meeting, Jun 12, 2023Pembridge Resources plc, Annual General Meeting, Jun 12, 2023, at 09:00 Coordinated Universal Time. Location: 45 Gresham Street, London, EC2V 7BG London United Kingdomお知らせ • Nov 19Pembridge Resources plc announced that it has received £4.673773 million in fundingPembridge Resources plc announced that it has closed loan agreement for gross proceeds of up to £4,673,773 on November 18, 2022. The convertible loan carry a interest rate of 14%, repayable by 31 December 2025. The loan notes may be converted into ordinary shares. The transaction will include participation from returning investor Gati Al-Jebouri, CEO and Chairman. The transaction is approved by the board of directors of the company.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 19Pembridge Resources plc announced that it has received £0.08 million in fundingPembridge Resources plc announced that it has issued convertible loan and received gross proceeds of £80,000 on December 17, 2021. The transaction included participation from Gati Al-Jebouri, chief executive officer of the company. The loan doesn't carry any interest rate and is to be converted to common shares at an exercise price of £0.05 on or shortly after May 17, 2022.Board Change • Dec 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Director Overboarding • Aug 18Director Guy Le Bel has joined 3rd company boardGuy Le Bel has been appointed to the board of Aquila Resources Inc. (TSX:AQA). Le Bel now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Aquila Resources Inc. (TSX:AQA), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.お知らせ • Jun 04Pembridge Resources plc announced that it has received $3 million in fundingOn June 3, 2021, Pembridge Resources plc (LSE:PERE) closed the transcation. The company issued 300 convertible loan notes for gross proceeds of $3,000,000. The transaction included participation from Gati Al-Jebouri, CEO and Chairman for $500,000.お知らせ • May 13Pembridge Resources plc Announces Key Results from Minto Exploration Ltd. Ni 43-101 Preliminary Economic Assessment Technical Report and the Resulting Estimate of Minto's Mine Life and Net Present ValuePembridge Resources plc announced the key results from Minto Exploration Ltd. NI 43-101 Preliminary Economic Assessment Technical Report and the resulting estimate of Minto's mine life and Net Present Value. In February 2021, JDS Engineering & Mining Inc. was commissioned by Minto to prepare a Technical Report, which updates the results of the Competent Person's Report commissioned by Pembridge and delivered in June 2019 with mineral deposits assessment as at 31 May 2019. Total Resources have been increased from 22,554 kt1 (including 1,4171 kt of Reserves) to 24,105 kt with a resulting change in Cu Metal Resources from 7122 Mlbs (including 602 Mlbs of Reserves) to 727 Mlbs; Au Metal Resources from 394 koz (including 312 koz of Reserves) to 396 koz; Ag Metal Reserves and Resources from 3,5522 koz (including 3032 koz of Reserves) to 3,947 koz. The Resources modelled in the Technical Report were based on an 8 year mine life. Given the utilisation of only 45% of the total Resources in the projected 8 year mine life and the fact that inferred resources lack sufficient drilling and mine planning and the significant unexplored areas within the Minto claim package, management expects to increase the life of mine to over 15 years, subject to successful results of such drilling and applicable mine planning. Economic model The Technical Report includes an economic model that has been developed by JDS using the following key assumptions: Long term copper price of USD 3.10/lb; gold price of USD 1,550/oz and silver price of USD 18.50/oz. Agreed upon terms for new amendment of streaming agreement with Wheaton Precious Metals Corp. for gold produced by Minto expected to be signed shortly. Long term USD to CAD exchange rate of 1.316. Ore quantities mined and grades for copper, gold and silver as per the latest mine plan developed as part of the Technical Report. NPV discount rate of 8%. The economic model presented in the Technical Report shows a NPV after Canadian taxes and royalties of USD 84 million and average annual EBITDA in excess of USD 40 million between 2021 and 2025 when applying the following price assumptions.お知らせ • Feb 08Pembridge Resources plc Announces Drilling Results at the Minto MinePembridge Resources plc has recently received drill results from the Minto Explorations Ltd. ("Minto") mine's 2019 - 2020 definition and step-out drilling campaign. Drilling was conducted on the Minto North II, Copper Keel South, Copper Keel West, and Copper Keel North areas. The interpretation of the results from the 2019-2020 drill programme strengthens the Company's vision to extend mine life and demonstrate the continuity of underground ore deposits. Minto is now working on a National Instrument 43-101 Preliminary Economic Assessment Report (PEA), which will incorporate the results from the 2019 - 2020 drilling campaign. The report is expected to be released in Second Quarter 2021. Minto is planning an exploration drill programme for 2021 with the objective of further expanding resources and advancing numerous high-priority near-mine and regional targets in the Minto Copper Belt. The Minto North II deposit is located southeast from the Minto North open pit. The Minto North ore body is the highest-grade deposit on the property and was mined out by open-pit in 2016, which made the Minto North II drill target a high-priority. The main purpose of the drill programme was to confirm the location of the ore body and its extent as there were only 10 historic drill holes drilled prior to the 2020 programme. The 2020 drill programme was completed on 25m to 30m drill spacing totaling 5,609 meters with 31 drill holes with NQ diameter. The phase I drill programme focused on the central portion of the ore body. Results of the phase I programme indicated that the Minto North II ore body is a flat-lying, shallow lens that lies about 175 metres below surface and approximately 90 metres to the east from the Minto North ore body. Due to the successful results of the phase I programme, the second phase was targeting the extension and definition of the ore body to the south and to the east based on information obtained from a high-resolution MAGTM drone survey in combination with a 3D inverted Titan 24 DC-IP geophysical survey. The phase II drilling results indicate that the Minto North II ore body extends to the south and is cut off by a major NNW-trending fault to the east. The Copper Keel South lens is located southwest from the Copper Keel Main mining area. The Copper Keel South deposit was drilled to test its extension towards the southwest due to its proximity to the Copper Keel Main lens, which accounts for most of the current production stopes at the mine. Surface drilling consisted of 15 drill holes in NQ diameter, totaling 3,816 metres. The 2020 drill programme confirmed that the Copper Keel South deposit is a northwest trending ore body that consists of multiple stacked lenses. The largest and upper most lens gently dips towards the east and extends back to the Copper Keel Main mining area, therefore it likely represents the upward western continuation of the Copper Keel Main ore body. The Copper Keel West lens lies west of the Copper Keel Main production area. A total of 5 NQ drill holes, totaling 2,211 metres were drilled targeting gaps of coverage in the ore lens. Five drill holes with a total of 2,211 metres were drilled. Due to difficult ground conditions and overburden this surface programme was shortened and substituted with an underground drilling programme which consisted of 2,618 metres and 12 diamond drill holes with NQ diameter to fill the gaps of coverage caused by the difficult drilling conditions on surface. An additional 2 condemnation drill holes (156m) were also completed from underground. The Copper Keel North deposit is located north of the Copper Keel Main mining area. A total of 11 drill holes, 4,848 metres of surface drilling was conducted on the Copper Keel North area with the aim to define and expand the lens towards the north. Due to the promising results of the surface programme, the focus of the underground drilling was to test the extension of the deposit to the north and to infill the gaps in the central portion of the lens. The programme consisted of 6 NQ drill holes, totaling 1,161 metres. While the underground assays are currently pending and will be communicated in a future news release, the results of the surface programme indicate that the Copper Keel North deposit lies to the north approximately 100 to 150 metres below the Copper Keel Main area. The Copper Keel North deposit is open to the north where have a highly prospective area that coincides with the right geophysical anomalies and will be tested during the 2021 drill programme.株主還元18AADE Metals and MiningDE 市場7D0%2.0%-0.8%1Y-98.3%97.2%0.2%株主還元を見る業界別リターン: 18AA過去 1 年間で97.2 % の収益を上げたGerman Metals and Mining業界を下回りました。リターン対市場: 18AAは、過去 1 年間で0.2 % のリターンを上げたGerman市場を下回りました。価格変動Is 18AA's price volatile compared to industry and market?18AA volatility18AA Average Weekly Movementn/aMetals and Mining Industry Average Movement9.5%Market Average Movement5.9%10% most volatile stocks in DE Market12.6%10% least volatile stocks in DE Market2.8%安定した株価: 18AAの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 過去 1 年間の18AAのボラティリティの変化を判断するには データが不十分です。会社概要設立従業員CEO(最高経営責任者ウェブサイト20103Gati Al-Jebouriwww.pembridgeresources.comもっと見るPembridge Resources plc 基礎のまとめPembridge Resources の収益と売上を時価総額と比較するとどうか。18AA 基礎統計学時価総額€254.64k収益(TTM)-€7.21m売上高(TTM)n/a0.0xP/Sレシオ0.0xPER(株価収益率18AA は割高か?公正価値と評価分析を参照収益と収入最新の決算報告書(TTM)に基づく主な収益性統計18AA 損益計算書(TTM)収益US$0売上原価US$0売上総利益US$0その他の費用US$8.00m収益-US$8.00m直近の収益報告Dec 31, 2022次回決算日該当なし一株当たり利益(EPS)-0.083グロス・マージン0.00%純利益率0.00%有利子負債/自己資本比率270.8%18AA の長期的なパフォーマンスは?過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日(UTC時間)企業分析2023/07/27 14:06終値2023/05/18 00:00収益2022/12/31年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM(Trailing Twelve Month)またはLTM(Last Twelve Month)データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Pembridge Resources plc これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • May 25Pembridge Resources plc, Annual General Meeting, Jun 12, 2023Pembridge Resources plc, Annual General Meeting, Jun 12, 2023, at 09:00 Coordinated Universal Time. Location: 45 Gresham Street, London, EC2V 7BG London United Kingdom
お知らせ • Nov 19Pembridge Resources plc announced that it has received £4.673773 million in fundingPembridge Resources plc announced that it has closed loan agreement for gross proceeds of up to £4,673,773 on November 18, 2022. The convertible loan carry a interest rate of 14%, repayable by 31 December 2025. The loan notes may be converted into ordinary shares. The transaction will include participation from returning investor Gati Al-Jebouri, CEO and Chairman. The transaction is approved by the board of directors of the company.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 19Pembridge Resources plc announced that it has received £0.08 million in fundingPembridge Resources plc announced that it has issued convertible loan and received gross proceeds of £80,000 on December 17, 2021. The transaction included participation from Gati Al-Jebouri, chief executive officer of the company. The loan doesn't carry any interest rate and is to be converted to common shares at an exercise price of £0.05 on or shortly after May 17, 2022.
Board Change • Dec 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • May 25Pembridge Resources plc, Annual General Meeting, Jun 12, 2023Pembridge Resources plc, Annual General Meeting, Jun 12, 2023, at 09:00 Coordinated Universal Time. Location: 45 Gresham Street, London, EC2V 7BG London United Kingdom
お知らせ • Nov 19Pembridge Resources plc announced that it has received £4.673773 million in fundingPembridge Resources plc announced that it has closed loan agreement for gross proceeds of up to £4,673,773 on November 18, 2022. The convertible loan carry a interest rate of 14%, repayable by 31 December 2025. The loan notes may be converted into ordinary shares. The transaction will include participation from returning investor Gati Al-Jebouri, CEO and Chairman. The transaction is approved by the board of directors of the company.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 19Pembridge Resources plc announced that it has received £0.08 million in fundingPembridge Resources plc announced that it has issued convertible loan and received gross proceeds of £80,000 on December 17, 2021. The transaction included participation from Gati Al-Jebouri, chief executive officer of the company. The loan doesn't carry any interest rate and is to be converted to common shares at an exercise price of £0.05 on or shortly after May 17, 2022.
Board Change • Dec 05Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Chairman, MD & CEO Gati Al-Jebouri was the last director to join the board, commencing their role in 2017. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Director Overboarding • Aug 18Director Guy Le Bel has joined 3rd company boardGuy Le Bel has been appointed to the board of Aquila Resources Inc. (TSX:AQA). Le Bel now sits on a total of 3 company boards. With 3 board positions including the role of CEO at Aquila Resources Inc. (TSX:AQA), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model.
お知らせ • Jun 04Pembridge Resources plc announced that it has received $3 million in fundingOn June 3, 2021, Pembridge Resources plc (LSE:PERE) closed the transcation. The company issued 300 convertible loan notes for gross proceeds of $3,000,000. The transaction included participation from Gati Al-Jebouri, CEO and Chairman for $500,000.
お知らせ • May 13Pembridge Resources plc Announces Key Results from Minto Exploration Ltd. Ni 43-101 Preliminary Economic Assessment Technical Report and the Resulting Estimate of Minto's Mine Life and Net Present ValuePembridge Resources plc announced the key results from Minto Exploration Ltd. NI 43-101 Preliminary Economic Assessment Technical Report and the resulting estimate of Minto's mine life and Net Present Value. In February 2021, JDS Engineering & Mining Inc. was commissioned by Minto to prepare a Technical Report, which updates the results of the Competent Person's Report commissioned by Pembridge and delivered in June 2019 with mineral deposits assessment as at 31 May 2019. Total Resources have been increased from 22,554 kt1 (including 1,4171 kt of Reserves) to 24,105 kt with a resulting change in Cu Metal Resources from 7122 Mlbs (including 602 Mlbs of Reserves) to 727 Mlbs; Au Metal Resources from 394 koz (including 312 koz of Reserves) to 396 koz; Ag Metal Reserves and Resources from 3,5522 koz (including 3032 koz of Reserves) to 3,947 koz. The Resources modelled in the Technical Report were based on an 8 year mine life. Given the utilisation of only 45% of the total Resources in the projected 8 year mine life and the fact that inferred resources lack sufficient drilling and mine planning and the significant unexplored areas within the Minto claim package, management expects to increase the life of mine to over 15 years, subject to successful results of such drilling and applicable mine planning. Economic model The Technical Report includes an economic model that has been developed by JDS using the following key assumptions: Long term copper price of USD 3.10/lb; gold price of USD 1,550/oz and silver price of USD 18.50/oz. Agreed upon terms for new amendment of streaming agreement with Wheaton Precious Metals Corp. for gold produced by Minto expected to be signed shortly. Long term USD to CAD exchange rate of 1.316. Ore quantities mined and grades for copper, gold and silver as per the latest mine plan developed as part of the Technical Report. NPV discount rate of 8%. The economic model presented in the Technical Report shows a NPV after Canadian taxes and royalties of USD 84 million and average annual EBITDA in excess of USD 40 million between 2021 and 2025 when applying the following price assumptions.
お知らせ • Feb 08Pembridge Resources plc Announces Drilling Results at the Minto MinePembridge Resources plc has recently received drill results from the Minto Explorations Ltd. ("Minto") mine's 2019 - 2020 definition and step-out drilling campaign. Drilling was conducted on the Minto North II, Copper Keel South, Copper Keel West, and Copper Keel North areas. The interpretation of the results from the 2019-2020 drill programme strengthens the Company's vision to extend mine life and demonstrate the continuity of underground ore deposits. Minto is now working on a National Instrument 43-101 Preliminary Economic Assessment Report (PEA), which will incorporate the results from the 2019 - 2020 drilling campaign. The report is expected to be released in Second Quarter 2021. Minto is planning an exploration drill programme for 2021 with the objective of further expanding resources and advancing numerous high-priority near-mine and regional targets in the Minto Copper Belt. The Minto North II deposit is located southeast from the Minto North open pit. The Minto North ore body is the highest-grade deposit on the property and was mined out by open-pit in 2016, which made the Minto North II drill target a high-priority. The main purpose of the drill programme was to confirm the location of the ore body and its extent as there were only 10 historic drill holes drilled prior to the 2020 programme. The 2020 drill programme was completed on 25m to 30m drill spacing totaling 5,609 meters with 31 drill holes with NQ diameter. The phase I drill programme focused on the central portion of the ore body. Results of the phase I programme indicated that the Minto North II ore body is a flat-lying, shallow lens that lies about 175 metres below surface and approximately 90 metres to the east from the Minto North ore body. Due to the successful results of the phase I programme, the second phase was targeting the extension and definition of the ore body to the south and to the east based on information obtained from a high-resolution MAGTM drone survey in combination with a 3D inverted Titan 24 DC-IP geophysical survey. The phase II drilling results indicate that the Minto North II ore body extends to the south and is cut off by a major NNW-trending fault to the east. The Copper Keel South lens is located southwest from the Copper Keel Main mining area. The Copper Keel South deposit was drilled to test its extension towards the southwest due to its proximity to the Copper Keel Main lens, which accounts for most of the current production stopes at the mine. Surface drilling consisted of 15 drill holes in NQ diameter, totaling 3,816 metres. The 2020 drill programme confirmed that the Copper Keel South deposit is a northwest trending ore body that consists of multiple stacked lenses. The largest and upper most lens gently dips towards the east and extends back to the Copper Keel Main mining area, therefore it likely represents the upward western continuation of the Copper Keel Main ore body. The Copper Keel West lens lies west of the Copper Keel Main production area. A total of 5 NQ drill holes, totaling 2,211 metres were drilled targeting gaps of coverage in the ore lens. Five drill holes with a total of 2,211 metres were drilled. Due to difficult ground conditions and overburden this surface programme was shortened and substituted with an underground drilling programme which consisted of 2,618 metres and 12 diamond drill holes with NQ diameter to fill the gaps of coverage caused by the difficult drilling conditions on surface. An additional 2 condemnation drill holes (156m) were also completed from underground. The Copper Keel North deposit is located north of the Copper Keel Main mining area. A total of 11 drill holes, 4,848 metres of surface drilling was conducted on the Copper Keel North area with the aim to define and expand the lens towards the north. Due to the promising results of the surface programme, the focus of the underground drilling was to test the extension of the deposit to the north and to infill the gaps in the central portion of the lens. The programme consisted of 6 NQ drill holes, totaling 1,161 metres. While the underground assays are currently pending and will be communicated in a future news release, the results of the surface programme indicate that the Copper Keel North deposit lies to the north approximately 100 to 150 metres below the Copper Keel Main area. The Copper Keel North deposit is open to the north where have a highly prospective area that coincides with the right geophysical anomalies and will be tested during the 2021 drill programme.