Thursday, June 04, 2020

Exploring Mining Podcast – News from (NYSE American: $GPL) (NYSE American: $TGB) (TSXV: $TSG.V) (TSXV: $OCG.V)



Exploring Mining Podcast – News from (NYSE American: $GPL) (NYSE American: $TGB) (TSXV: $TSG.V) (TSXV: $OCG.V)

Point Roberts WA, Delta BC, June 4, 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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Great Panther Mining Limited (NYSE American:GPL) has announced the restart of its mining operations in Mexico following mining being deemed an “essential service” in the country. Elsewhere, the company’s Tucano Gold Mine in Brazil “continues to operate under strict protocols to limit the spread of COVID-19, collaborating closely with municipal and state government agencies.” Great Panther President and CEO Rob Henderson said:

"We are pleased to be resuming our Mexican operations and are conducting the ramp-up in a safe and cautious manner to protect the health and well-being of our most valuable assets: our people."

Taseko Mines Limited (NYSE American:TGB) has revealed strong operating results at its Gibraltar Copper Mine and Florence Copper Project. For Gibraltar, Taseko Director and CEO Russell Hallbauer explained:

“The mine is currently operating to the new plan and through the first five months of the year has produced approximately 57 million pounds of copper and nearly 900,000 pounds of molybdenum.”

And with regard to Florence, he said:

"At our Florence Copper Project, the test facility continues to operate on a steady-state basis with no disruption to our operation. PLS grade in the center recovery well (most representative of  the performance of the commercial wellfield) has been stable at roughly two grams per liter since November and recently the SX/EW plant producing at a rate of approximately one million pounds of copper cathode per year, mainly from the center recovery well.”

TriStar Gold, Inc. (TSXV:TSG) has received assay results from 79 infill drill holes for 7,428m of drilling for the prefeasibility study at Castelo de Sonhos. Also, according to the press release, “target generation work by GoldSpot Discoveries outside of the PFS area remains on track for completion of initial scope of work later this month.” Nick Appleyard, TriStar's President and CEO, explained:

“With most of the resource drilling now complete the next step is the geological interpretation and modeling, this will be completed once our consultants can safely travel to the project. We anticipate reaching the end of the initial scope of work with GoldSpot Discoveries soon and plan to aggressively test the new targets as soon as possible thereafter. This will most likely include both RC and core drilling possibly aided by additional data collection such as portable XRF and geophysics."

Outcrop Gold Corp. (TSXV:OCG) has provided an exploration update for its Santa Ana high-grade silver-gold project in Colombia. Information drawn from geological mapping, trenching, and soil sampling has indicated vein outcrops and “exceptional gold and silver grades over wide areas.” Outcrop CEO Joe Hebert said:

"It is encouraging to see new targets supported by soil samples that correlate with newly discovered vein outcrop and workings. Veins and mineralization are expressing well in soil samples as indicated by an unusual soil assay high of 11.8 ppm gold. It will be exciting to drill test these targets once drilling is completed at La Ivana target."

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