#ExploringMining
#Podcast – #Mining News from (NYSE: $UEC) (NYSE: $TRX) (TSXV: $TXR.V) (NYSE: $UAMY)
(TSXV: $ORX.V)
Point Roberts WA, Delta BC, November 5,
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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Uranium Energy Corp. (NYSE American:UEC) has discovered additional mineralization in
Production Area 1 of its Burke Hollow in-situ recovery uranium project.
Required monitoring wells were installed in the production area as well at the
conclusion of the drilling campaign. Andrew Kurrus, the Company's VP of Resource
Development, said:
"We
are pleased with our recently completed 2019 drilling and monitor well
installation campaign at Burke Hollow. Exploration and delineation drilling
have resulted in the discovery of additional mineralization that will create a larger
PAA-1 production zone. With each drilling campaign, the project continues to
exhibit positive results."
Tanzanian Gold Corporation (NYSE American:TRX) has issued a simplified guide to the progress made by
its Buckreef Project since acquisition. To date, the Buckreef Project has:
●
Drilled
over 10,000m using at times three drill machines operating 24 hours per day,
●
Developed
a geology-resource model of the entire Buckreef Mineralized Zone using
technologically advanced data-mine software that will be used for future
resource and reserve estimates,
●
Initiated
a comprehensive metallurgical review and test data based on a plant that is two
times larger than the plant in the Pre-Feasibility Study, and
●
Initiated
a rock stress test program to determine the possibility of mining underground
below the pit bottom.
TerraX Minerals Inc. (TSXV:TXR) has announced a first mineral resource estimate on
its 100 percent-owned Yellowknife City Gold Project, located 12 kilometers from
the city of Yellowknife and 7 kilometers from the former Giant Mine. According
to the press release, the Inferred resource estimate of 735,000 ounces consists
of:
●
A
pit constrained Inferred resource of 11.6 million tonnes averaging 1.4 g/t for
523,000 ounces of contained gold
●
An
underground Inferred resource of 1.2 million tonnes averaging 5.7 g/t for
212,000 ounces of contained gold
United States Antimony Corporation (NYSE American:UAMY) has plans to provide rail delivery of bulk Bear
River Zeolite (BRZ) zeolite to reduce transportation, packaging, and labor
costs by up to $100.00 per ton. Company CEO John Lawrence explained:
"The
recent worldwide concerns over climate change and environmental remediation
pose an excellent target for increasing sales and profitability of BRZ.
Installing equipment to provide rail delivery will allow BRZ to provide one of
the highest quality zeolites in large quantities at the lowest price."
Orefinders Resources Inc. (TSXV:ORX) has completed its exploration program on the Knight
Project in Shining Tree. Data gleaned from the program “confirms the presence
of gold and arsenic in bedrock anomalies coincident with Minto -type magnetic
features and a total of ten (10) new targets have been outlined between the
Minto breccia and the western shore of Porphyry Lake over a strike length of
approximately 2.3 km”. Orefinders CEO Stephen Stewart said:
"We
were encouraged with the recent geophysical data processing from our Knight
project which identified additional magnetic features like that of the Minto .
We were further encouraged when our on-site program discovered coincidental
outcropping near these anomalies, which we've since sampled and returned
geochemical gold-arsenic anomalies that are consistent with wallrocks
surrounding Minto . The idea is that if we can discover one or more of these
very high-grade breccia pipes, it would transform the dynamics of our Knight
project.”
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