Exploring Mining Podcast Episode 78 –
News from (TSX: $LN.TO) (NYSE: $GOLD) (TSXV: $BNCH.V) (TSXV: $FRE.V) (CSE: $SLV.C)
Point Roberts WA, Delta
BC, June 25, 2020 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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this in full at https://www.investorideas.com/news/2020/exploring-mining/06251LN-GOLD-BNCH-FRE-SLV.asp
Loncor Resources Inc. (TSX:LN) has announced that its 76.29 percent-owned subsidiary,
Adumbi Mining SARL, has entered into a joint venture agreement with Barrick
Gold Corporation (NYSE:GOLD) in the Democratic Republic of the
Congo (DRC). Called “the New Barrick JV,” the agreement covers ground
contiguous to Adumbi’s Imva area within the Ngayu gold belt in the northeast of
the country, and allows Barrick to “manage and fund all exploration of the JV
Permit properties until the completion of a pre-feasibility study.” Arnold
Kondrat, CEO of Loncor, said:
“We
are pleased to see Barrick’s confidence in the Ngayu gold belt continue to
grow. This New Barrick JV further consolidates the control of the Ngayu gold
belt by Loncor and Barrick as partners.”
Benchmark Metals Inc. (TSXV:BNCH) is commencing geophysical surveys at the Silver
Pond porphyry target to “begin data acquisition and interpretation to better
define drill targets on the highly-prospective zone for a new porphyry
discovery.” The company’s CEO, John Williamson, commented:
"We
have quickly and cost effectively advanced the Silver Pond porphyry target from
a conceptual nature to demonstrating it has key characteristics of lithocaps
found above porphyry systems. The 3D IP and magnetic geophysical surveys will
be invaluable for interpreting the subsurface expression of this large
alteration zone and outline potential mineralized domains and future drill
targets".
Fremont Gold Ltd. (TSXV:FRE) has started Phase 1 drilling at the
past-producing Griffon gold project in Nevada. The Phase 1 drilling program
comprises 10 of 20 permitted drill sites at the property. Blaine Monaghan, CEO
of Fremont, said:
"Griffon
is an underexplored Carlin-type gold system that hasn't been drilled since the
1990s. Most of the historic drill holes were concentrated around the two pit
areas and did not exceed 100 metres in depth. Recent exploration has identified
many prospective targets, which leads us to believe that Griffon has excellent
potential to host one or more large gold systems."
Silver Dollar Resources Inc. (CSE:SLV) has commenced fieldwork on the Longlegged Lake
property in northwestern Ontario, Canada. This follows the company’s completion
of “a heliborne high-resolution magnetic (MAG) survey on the Property in the
spring of 2019 that identified dominant northeast-southwest MAG lineaments
interpreted to be the deep-seated crustal scale PLFZ.” The press release
indicates that the property “is fully permitted for exploration and drilling.”
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