#ExploringMining #Podcast – #Mining
#Stocks News from (NYSE: $NEM) (NYSE: $EXK) (TSXV: $BTR.V) (TSXV: $MXR.V)
Point Roberts WA, Delta
BC, April 2, 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 started “a safe and orderly ramp down of
operations at the Peñasquito mine in the state of Zacatecas.” This follows a
decree issued by the Mexican government mandating the temporary suspension of
all non-essential activities until April 30 as a response to the COVID-19
pandemic. Newmont President and CEO Tom Palmer said:
"Whilst
Newmont currently has no confirmed cases of COVID-19, we have proactively
implemented rigorous and wide-ranging controls at all of our sites around the
globe to protect our workforce and neighboring communities from contracting or
transmitting the disease. We will, of course, comply with Mexico’s latest
directive while engaging with the government to gain further clarity regarding
important activities that may continue at the mine. In the meantime, we will
ensure Peñasquito remains well-positioned to safely and efficiently ramp up
operations in a timely manner once the government’s directive is lifted."
Also responding to the Mexican government restrictions
is Endeavor Silver Corp. (NYSE:EXK), which has commenced the process of suspending its mining
operations in the country. Bradford Cooke, Endeavour CEO, commented:
“Suspending
our mining operations on a temporary basis is the best way to ensure the health
of our work force during this COVID-19 crisis. We are also working with the
local communities to protect the health of the local people, inform them of the
precautions needed to stay healthy, and provide medical supplies, masks,
cleaners and disinfectants as needed.”
Bonterra Resources Inc. (TSXV:BTR) has announced assay results for the winter drill
program completed to date on its Barry project. These results include “an
intersection of 7.35 grams per tonne Au over an intersection length of 8.35
metres, including a higher-grade interval of 10.26 g/t Au over an intersection
length of 4.75 m in hole MB-20-250.” Bonterra President and CEO Greg Gibson
said:
"The
2020 Winter exploration program was in full swing with 3 drills running at the
time of shut down. We had only recently got on the ice and started the program
on Lac Limpide having completed 2 holes of a much larger plan. Priority targets
for extension of the Barry deposit to the northwest, to the east, and down
plunge to the southeast, as well as the Barry regional exploration program will
continue to be the Company's focus."
Max Resource Corp. (TSXV:MXR) has reported the extension of the AM-1 copper +
silver stratabound horizon to 2,400-metres of strike, and that a new discovery
named AM-2 extends for 1,000-metres. According to the press release, both of
these discoveries “are within the AM South portion of the CESAR project located
within the Rancheria Basin of NE Colombia.” Brett Matich, the company’s CEO,
said:
"Ongoing
exploration continues to build confidence in CESAR as a significant discovery
of regional scale. The Company is working towards a 3D model to assess the
potential size of the CESAR copper-silver project."
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