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Atico Mining Corp.

TICKER: ATY:TSX.; ATCMF:OTCBB

Atico Mining Corp. is a Canadian company focused on the exploration and development of copper and gold opportunities in Latin America. Its corporate objective is to build a leading producer concentrated on high-margin operators and to create shareholder value through exploration, development and mining in the region.


The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Comments:

The Metals Report Interview with Brent Cook (5/14/13) "A company in Colombia called Atico Mining Corp. has a gold-rich VMS deposit. The gold will be approximately 40% of the total revenue; the rest being copper with some lead, zinc and silver." More >

The Gold Report Interview with Paul Harris (5/10/13)
Paul Harris: Atico Mining Corp. has an option to acquire 90% of El Roble. Atico was due to exercise its option in the second quarter, and when it does it will obtain copper production. It has until the end of 2013 to exercise its option and given the recent fall in the markets and stock prices and given that the option will cost it $14 million, it may decide to postpone that until the end of the year to try and build up its stock price again so that any potential equity financings are less dilutive.

The company has a very clear understanding of the mine and the deposit and will be looking to increase production when it takes control. The mill was built by the Japanese and has more production capacity than the mine currently uses. The company will only have to increase its mining rate and open up new areas for exploitation to rapidly increase production and start generating even greater cash flow.

The Gold Report: Is it producing copper concentrate and gold concentrate, or is it producing dore and copper concentrate?

PH: It's a copper concentrate, and the copper concentrate contains gold.

TGR: Do you agree with recent drill results that suggest there is potential for further discoveries at El Roble?

PH: Absolutely. Atico was attracted to El Roble because it's a volcanic massive sulphide (VMS) deposit, and those typically have clusters of lenses. Yet El Roble only exploits one lens. Under the VMS model, there should be other lenses in its vicinity. It has a 10 kilometer strike or trend to explore. It has other targets to drill and expects to find other high-grade copper-bearing lenses. More >

Colombia Gold Letter (4/2/13) "The Japanese company that built the mine at Atico Mining Corp.'s El Roble project in Chocó tended to over invest in infrastructure as it was confident that the project could be expanded. . .this means it should be straightforward for Atico to increase the size of the mining operation. The mine that Miner El Roble is exploiting currently has 18 months of reserves left, but Atico's exploration has proven that the mineralization continues below the existing mine and at high grades."

Nicholas Campbell, Canaccord Genuity (4/1/13) "Atico Mining Corp. reported results of seven holes from the ongoing phase 2 drill program at the El Roble project. Drill holes ATDHR-28 and 29 intercepted the newly discovered Ares body, returning 49.2m grading 4.11% copper and 2.32 g/t gold, and 25.3m grading 3.19% copper and 1.81 g/t gold, respectively, which represent a higher grade than that historically mined at El Roble."

(3/28/13) "Atico Mining Corp. announced a new high-grade discovery from the underground drilling on the company's El Roble mine exploration program. . .drill hole ATDHR-28 intersected a 49.2m interval grading 4.11% Cu, 2.32 g/t Au and 6.36 g/t Ag. . .Atico feels there is significant potential for new discoveries in the area."

Atico Mining Corp. Content



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