#ExploringMining #Podcast Episode 89 –
#Mining #Stocks News from (NYSE: $GOLD) (TSXV: $JG.V) (TSXV: $SKP.V) (TSXV: $JAX.V)
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Barrick Gold Corporation (NYSE:GOLD) has strengthened its exploration
team with the appointment of geologists Aoife McGrath and
Leandro Sastre in the newly created positions of vice president exploration for
Africa and Middle East, and Latin America and Asia Pacific, respectively.
Barrick President and chief executive Mark Bristow said:
“Exploration
has always been an integral part of Barrick’s strategy of creating value and we
look forward to the contribution Aoife and Leandro will make towards adding to
our global mineral inventory.”
Japan Gold Corp. (TSXV:JG) has announced the start of drilling at the
Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan.
According to the press release, “historic records report high-grade production
including: 21,000 ounces of gold mined at grades greater than 20 g/t at the
Ohra mine; and a vein shoot within the Urushi mine which carried grades between
50-100 g/t gold.” The company’s Chairman and CEO John Proust said:
"We
are pleased to commence the first of our 2020 drilling programs in the richly gold
endowed Southern Kyushu Epithermal Gold Province. We have been very fortunate
to identify and secure a Japanese drilling contractor with the capabilities to
carry out our drilling program in the midst of the global pandemic.”
StrikePoint Gold Inc. (TSXV:SKP) has revealed that ongoing surface exploration work
is “highly encouraging” at its 100 percent-owned Willoughby Property in BC’s
Golden Triangle. The press release indicates that “assay results from the
surface samples will be released in the coming weeks, in addition to
announcement of the start of diamond drilling.” StrikePoint's President and
CEO, Shawn Khunkhun commented:
"The
focus of 2020 exploration has two objectives: first, to improve continuity of
high-grade mineralization at Willoughby by targeting structural traps and
second, test broad zones of early-Jurassic, intrusive-related disseminated gold
mineralization similar to the large deposits at Seabridge's KSM and Iskut
Properties, Pretium's Snowfield deposit and Tudor/Teuton/American Creek's
exciting new Treaty Creek discovery."
Jaxon Mining Inc. (TSXV:JAX) has announced the discovery of two new diorite
porphyry intrusives within a strongly silicified tourmaline-bearing hornfels
area at Red Springs, which establishes “a potential connection at depth between
the previously defined Backbone quartz tourmaline breccia mineralization zone
at Main Cirque and the newly discovered diorite porphyry intrusives at
Northwest Cirque.” John King Burns, Chairman and CEO of Jaxon, commented:
“These
new observations, once added to our geological model, will be applied to the
design of the drill program to test the Red Springs porphyry system. Drilling
will determine the extent and grades of Cu, Au, Ag mineralization indicated by
surface samples but carried deeper in the system. Each drill hole will vector
in on the structural boundaries, and the IP and magnetic anomalies."
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