#ExploringMining
#Podcast – #Mining News from (NYSE: $DNN) (NYSE: $GPL) (TSXV: $AGG.V) (TSXV: $ZON.V)
(TSXV: $ANZ.V)
Point Roberts WA, Delta BC, October 31,
2019 Investorideas.com, a global investor
news source covering mining and metals stocks releases today’s edition of Exploring Mining
Podcast,
featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE companies plus interviews with CEO's and
leading experts.
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Denison Mines Corp. (NYSE American:DNN) has successfully installed two Commercial Scale
Wells within the Phoenix deposit, as part of the ongoing In-Situ Recovery field
test program at the Company's 90 percent-owned Wheeler River Uranium Project in
northern Saskatchewan, Canada. David Bronkhorst, the company’s VP, Operations,
commented:
“We are very
pleased to have completed the successful installation of the first two
Commercial Scale Wells at Phoenix. As
part of the Company's risk managed approach to the 2019 ISR Field Test program,
we continue to build on operational successes and advance towards the
completion of all of our program objectives – including the testing of the
MaxPERF Drilling Tool, which has already proven to be effective when deployed
in a CSW. With the varied geology
interpreted at Phoenix , the ability to use MaxPERF, to mechanically engineer
increased access to the existing permeability of the ore formation, bodes well
for potentially normalizing the geological variations in a production
environment."
Great Panther Mining Limited (NYSE
American:GPL) has enhanced its management team with the
appointment of Neil Hepworth as Chief Operating
Officer. According to the press release, Hepworth is “a Mining Engineer with
over 30 years of experience in underground mining operations and technical and
operational experience in open pit mines. He has strong technical knowledge of
geology and geotechnics” and “operational experience throughout Latin America,
Africa and Europe, with extensive experience in Brazil and Mexico”.
African Gold Group, Inc. (TSXV:AGG) has contracted Maelgwyn Mineral Services Africa
(MMSA), a world-renowned metallurgical test facility, to conduct metallurgical
testing of the company’s Kobada project. MMSA was specifically contracted by
SENET, the EPCM company managing the Definitive Feasibility study for African
Gold Group. Danny Callow, Chief Operating Officer for AGG, commented:
“We
are delighted to have MMSA on board to undertake the detailed test work on the
Kobada orebody. We will undertake detailed test work on representative
composite samples taken from across the concession and test the most optimal
process for the design of the future Kobada metallurgical plant.”
Zonte Metals Inc. (TSXV:ZON) has discovered a second large gravity anomaly and
has commenced drilling at the K6 target on its Cross Hills IOCG (Iron oxide,
copper, gold ore deposits) project. The press release indicates that:
The
K7 gravity anomaly, which sits adjacent to a strong magnetic high is located
approximately 130m below surface and appears to be a cohesive target extending
vertically. Additional work will be required in this area to help better define
the full extents of the target. Outcrop exposure is limited in the target area,
however, IOCG characteristics of the rock units, including potassic, calcic and
sodic alteration are observed in an altered porphyritic unit.
Alianza Minerals Ltd. (TSXV:ANZ) has reported the results of 2019 fieldwork at the
Horsethief Gold Property, located 26 km (16 miles) east of Pioche, NV. The
results revealed “the discovery of new gold-bearing jasperoid, the
identification of favourable carbonate host stratigraphy, and the mapping of
alteration and structural features that may act as pathways for gold-bearing
fluids at Horsethief”. Jason Weber, president and CEO of Alianza, explained:
“The
2019 exploration program was extremely successful, identifying new mineralized
occurrences of jasperoid and prospective carbonate stratigraphy, illustrating
potential for Horsethief to host a large gold-bearing system. However, the most
interesting outcome was the identification of these features at or near the
contact between Cambrian and Ordovician-aged rocks, which are known to host
large sediment-hosted gold deposits such as the Long Canyon Gold Mine.”
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