#ExploringMining
#Podcast – #Mining News from (NYSE: $NEM) (NasdaqGS: $SSRM) (NYSE: $SILV)
(TSXV: $AMK.V) (TSXV: $AAX.V) (CSE: $USGD.C)
Point Roberts WA, Delta BC, January 7, 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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Newmont Corporation (NYSE:NEM) has announced a change to its brand, logo, and name
– the company was formerly known as Newmont Goldcorp Corporation – as a means
to commemorate its centenary year in May of 2020. Tom Palmer, Newmont’s
President and CEO commented:
"We
successfully completed two historic transactions in 2019, which have
transformed Newmont into a truly international organization with an unmatched
portfolio of assets and prospects in top-tier jurisdictions around the world.
As this company has done many times in the past, Newmont has demonstrated its
ability to adapt to change, which is truly a hallmark of our success over the
last 100 years. Updating our brand represents a natural step as we approach the
next 100 years in Newmont’s long and proud legacy of operating discipline,
profitable growth, environmental stewardship, and developing the industry’s
best talent."
SSR Mining Inc. (NasdaqGS:SSRM) has agreed to purchase 1,819,074 shares of SilverCrest
Metals Inc. (TSX: SIL.TO; NYSE: SILV) for
aggregate proceeds of $13,242,859 CAD at the same price of $7.28 CAD as the
bought deal public offering announced by SilverCrest on December 3, 2019. Paul
Benson, President and CEO of SSR Mining said:
"This
transaction presents an attractive outcome for both companies, it delivers SSR
Mining shareholders an immediate financial gain while providing SilverCrest additional
capital for the continued exploration and development of the Las Chispas
project."
American Creek Resources Ltd. (TSXV:AMK) has issued a press release reporting that “2019 was
a pivotal year for the company,'' positioning it “to take full advantage of the
precious metals bull run that many experts believe we are only in the early
stages of.” Darren Blaney, CEO of American Creek explained:
"This
past year was a significant turning point for the company and will be the
catalyst for more exciting developments in 2020. The company has strengthened
its position both financially and strategically and is poised to benefit from
not only a strengthening gold and silver market but also from the investment
community becoming more aware of the company's projects and potential. The
Treaty Creek project will be advancing in a major way and several of our other
projects including the Dunwell and Gold Hill will also be the focus of
attention this year. We very much look forward to 2020 and wish all of our
shareholders the very best this upcoming year!"
Advance Gold Corp. (TSXV:AAX) has provided a drilling update for its Tabasquena Project in Zacatecas,
Mexico, indicating that the company has commenced the drilling of a second hole
following completion of the first drill-hole into the large chargeability
anomaly identified in the company's recent 3D Induced Polarization (IP) surveys
on the project. Allan Barry Laboucan, President and CEO of Advance Gold Corp.
commented:
"One
of the great things about exploration in the state of Zacatecas, Mexico is that
due to the established infrastructure and seasoned contractors we can get a lot
of work done at a low cost. Now that we are confident that the large IP
geophysical chargeability anomaly is caused by a sulphide system, we feel it is
time to bring in a second rig to expedite our exploration of the system. With
the hard work of our team and support from our shareholders, we have been able
to keep the share structure tight and with the recent improvement in our
valuation our shareholders have continued to be supportive with the early
exercise of "in the money" warrants that will help us fund the
upcoming drilling. In addition to a better understanding of the sulphide
system, we are also eager to better understand the associated widespread quartz
veining throughout the entire system, including adularia, crustiform and
colloform quartz, as well as some veinlets of quartz-adularia crystals. It is
becoming clear that we have found a large, continuous mineralizing system. With
two drill rigs, we will be able to more rapidly explore this discovery and
increase the news flow in the first quarter of 2020."
American Pacific Mining Corp. (CSE:USGD) has provided an update on the Gooseberry Au-Ag Project in the
Ramsey Mining District of Storey, Nevada. According to the press release, the
project “has been developed vertically to 1450 feet (442 meters) from surface,
with significant underground development across seven of ten levels.” Eric
Saderholm, the company’s President and Director, said:
“We
are pleased with the progress of the Gooseberry 3D model, indicating that
historic grades were quite robust during the mines productive years. Gooseberry
hasn’t been in production for almost 30 years and this data shows the high
exploration potential for APM to expand upon the known mineralized zones.”
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