Exploring Mining Podcast – News from
(NYSE American: $SILV) (TSX: $SIL.TO) (NYSE: $CCJ) (NYSE: $EXK) (TSXV: $SMN.V)
Point Roberts WA, Delta
BC, May 12, 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,
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interviews with CEO's and leading experts.
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SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) will be restarting exploration and development work at
its Las Chispas Project in Sonora, Mexico by mid-May using strict COVID-19
protocols. The company has also announced in-fill and expansion drill results
for the Babi Vista Vein at the project, which expand the size of the high-grade
footprint for the Babi Vista Vein. SilverCrest CEO N. Eric Fier commented:
"We
are looking forward to safely resuming operations at Las Chispas later this
month in a staged approach with safety and caution in mind. The Babi Vista Vein
continues to add value to Las Chispas as we in-fill drill for resource
conversion and expansion of additional high-grade silver-gold mineralization.
Babi Vista was discovered in 2019 while constructing the Santa Rosa decline to
intercept the Babicanora Vein in the Area 51 zone. With the schedule delays
caused by COVID-19 global impact, resource estimation for the ongoing
feasibility study has been pushed for completion to Q4, 2020 which allows for
additional drill results, including Babi Vista, to be added to the study. More
specifically, this additional time should better define the Babi Vista Vein and
help in mine design and schedule by accelerating this conveniently located
(access via the decline) high-grade vein early in the mine life."
Cameco Corporation (NYSE:CCJ) is resuming production at its Port Hope
Conversion Facility’s UF6 plant and its Blind River Refinery in
Ontario, both of which are set to restart the week of May 18, 2020 and achieve
regular production levels the week of May 25, 2020. Cameco President and CEO
Tim Gitzel said:
“The
provinces and communities where we operate are certainly not out of the woods
when it comes to this global pandemic, and we must remain vigilant in how we
manage our activities during these challenging times. However, we are confident
that we can maintain the required roster of qualified operators to run the UF6
plant going forward, enabling us to carefully bring the plant and the UO3
refinery back into production.”
Endeavour Silver Corp. (NYSE:EXK) has announced the publication of “Recognizing 15
years of Mine Production,” its 2019 annual review and sustainability report.
Company CEO Bradford Cooke commented:
“2019
marked our 15th year as a producing mining company. However, it was
also a very challenging year for our mining operations, which impacted our
sustainability performance. We made sweeping changes at each mine and initiated
programs to improve our performance in all areas of the business. As a result, we are already seeing
improvements to benefit our sustainability.”
San Marco Resources Inc. (TSXV:SMN) has intersected wide zones of continuous gold
mineralization from its recently completed Phase 1 drill program at its 100
percent-optioned gold/silver/zinc Buck property in B.C., Canada. The company’s
Executive Director, Bob Willis, said:
"We
are very encouraged to see significant intervals of continuous gold
mineralization at Buck, which confirms our preliminary findings that this is a
large, near-surface gold/silver exploration opportunity. We intend to
aggressively ramp up exploration efforts, with our 'boots on the ground'
exploration team arriving on site in about three weeks. Our drill program gave
us the first opportunity to see fresh core we could log and tie to gold
mineralization, and to help target the best host rocks, alteration, and
structural setting for gold deposition. We will use this new information to
target drilling for Phase 2 and to prioritize numerous attractive, but
previously poorly understood, target areas at Buck."
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