Exploring Mining Podcast – News from
(TSXV: $MQR.V) (NYSE: $IAG) (NYSE: $EXK) (CSE: $BULL.C) (TSXV: $XND.V)
Point Roberts WA, Delta
BC, June 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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this in full at https://www.investorideas.com/news/2020/exploring-mining/06021MQR-IAG-EXK-BULL-XND.asp
Monarch Gold Corporation (TSX:MQR) has entered into an agreement to sell the Fayolle
property in Quebec, Canada to IAMGOLD Corporation (NYSE:IAG). The property consists of 39 mineral
claims covering an area of 1,373 hectares, and will be acquired by IAMGOLD for
$11.5 million. Monarch’s President and CEO Jean-Marc Lacoste commented:
"This
is a profitable short-term transaction for Monarch, allowing us to
significantly strengthen our financial position without dilution and with the
potential for appreciation if the share value of IAMGOLD increases, especially
in the current gold bull market.”
Endeavour Silver Corp. (NYSE:EXK) intersected new high-grade gold-silver
mineralization in the Santa Cruz vein on the El Curso property at the Guanacevi
mine in Durango, Mexico, amid its Q1 exploration drilling. Highlights include:
1,085 gpt silver and 3.25 grams per tonne (gpt) gold over 10.0 meters (m) true
width in hole UCM-27, 762 gpt silver and 1.87 gpt gold over 5.1 m true width in
hole UCM-26, and 986 gpt silver and 1.43 gpt gold over a 4.8 m true width in
hole UCM-25. Bradford Cooke, Endeavour Director and CEO, said:
“Last
year at Guanacevi, we were successful in outlining new resources on the El
Curso property, and we commenced mining there in late Q3, 2019. This year, we continue to discover new
resources in the Santa Cruz vein on El Curso which should add to our mine life
at Guanacevi.”
Canadian Palladium Resources Inc. (CSE:BULL) has resumed its diamond drilling program on its
East Bull Palladium Property, 90 kilometres west of Sudbury, Ontario following
COVID-19-related restrictions being lifted. Wayne Tisdale, the company’s
President and CEO, said:
"Canadian
Palladium is excited to get back to the exploration of East Bull. The program
is fully funded and we look forward to positive results allowing us to continue
to expand the resource at East Bull and explore promising zones."
Xander Resources Inc. (TSXV:XND) has expanded its Val-d'Or property in Quebec,
Canada with the acquisition of the Senneville West Property. The company’s CEO,
Rodney Ireland, said:
"I
am pleased to be expanding our presence in the historical Val-d'Or area. This
gives XND a strategic footprint to launch a 2020 exploration campaign by adding
to our land package contiguous to our Senneville Group of Claims South Property
where two of three holes intersected 9.79 g/t Au over 1.0 m (SV-12-01) and
11.03 g/t Au/1m and 1.38 g/t Au /1m (SV-12-03). With so many discoveries over
the Val-d'Or storied history, new discoveries are still happening within the
Val-d'Or area including Probe Metals recent discovery.”
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