Adventus Announces the Filing of its Preliminary Economic Assessment for the El Domo VMS Deposit, Curipamba Project

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Adventus Announces the Filing of its Preliminary Economic Assessment for the El Domo VMS Deposit, Curipamba Project

Canada NewsWire

TORONTO, June 14, 2019 /CNW/ - Adventus Mining Corporation ("Adventus" or the "Company") (TSX-V: ADZN; OTCQX: ADVZF) is pleased to announce that following the news release on May 2, 2019 of an independent Preliminary Economic Assessment that includes an updated Mineral Resource estimate for the El Domo volcanogenic massive sulphide ("VMS") deposit within the 21,537 hectare Curipamba project in Ecuador, the Company has filed the National Instrument ("NI") 43-101 technical report on SEDAR. 

Adventus files its Preliminary Economic Assessment on SEDAR (CNW Group/Adventus Mining Corporation)

The technical report has been prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves that establish definitions and guidance on the definitions for Mineral Resources, Mineral Reserves, and Mining Studies used in Canada. The Mineral Resource, Mineral Reserve, and Mining Study definitions are incorporated, by reference, into NI 43-101 – Standards of Disclosure for Mineral Projects.

There are no material differences between information disclosed in the Company's May 2, 2019 news release and the technical report.

Qualified Persons
The technical report, entitled "Technical Report on the Preliminary Economic Assessment for the Curipamba Project – El Domo Deposit, Central Ecuador", was authored by Roscoe Postle Associates Inc. (RPA) and Knight Piésold.  The following Independent Qualified Persons ("IQPs") co-authored the technical report: Metallurgy and Processing: Avakash Patel, P.Eng., RPA; Geology, Exploration, and Mineral Resource: Dorota El Rassi, P.Eng., RPA; Mining: Hugo Miranda, P.Eng., RPA; Infrastructure and Economic Evaluation: Torben Jensen, P.Eng., RPA; and Environmental & Community: Ken Embree, P.Eng., Knight Piésold.  Each of the individuals above are IQPs for the purposes of NI 43-101.  All scientific and technical information in technical report is based on information prepared by or under the supervision of those individuals.

About Adventus
Adventus is a well-financed exploration and project development company, focused in Ecuador. Its strategic shareholders include Altius Minerals Corporation, Greenstone Resources LP, Resource Capital Funds, Wheaton Precious Metals Corp., and the Nobis Group of Ecuador. Adventus is leading the exploration and engineering advancement of the Curipamba copper-gold-zinc project in Ecuador as part of an earn-in agreement to obtain a 75% ownership interest. In addition, Adventus is engaged in a country-wide exploration alliance with its partners in Ecuador, which has incorporated the Pijili and Santiago projects to date. Adventus is based in Toronto, Canada, and is listed on the TSX-V under the symbol ADZN and trades on the OTCQX under the symbol ADVZF. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This press release contains "forward -looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should" "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.

Forward-looking information herein includes, but is not limited to, statements that address activities, events or developments that Adventus expect or anticipate will or may occur in the future. Although Adventus have attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Adventus undertake to update any forward-looking information except in accordance with applicable securities laws.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/adventus-announces-the-filing-of-its-preliminary-economic-assessment-for-the-el-domo-vms-deposit-curipamba-project-300868132.html

SOURCE Adventus Mining Corporation

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/14/c7181.html

Copyright CNW Group 2019

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).