#ExploringMining #Podcast Episode 95 –
#Mining #Stocks News from (NYSE: $RIO) (NYSEAmerican: $NGD) (TSXV: $ARTG.V)
(CSE: $SLV.C) (TSXV: $JAX.V)
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Rio Tinto Group’s (NYSE:RIO) Kennecott site has become the first producer to be awarded the
Copper Mark, in recognition of its responsible production. Rio Tinto Copper
& Diamonds chief executive Arnaud Soirat commented:
"The
Copper Mark allows our customers to purchase copper from operations that have
been independently assessed as meeting the highest environmental, social and
governance standards, responding to the growing expectations of consumers
around the world for sustainable supply chains.
We
look forward to continuing our work with the Copper Mark and seeing this new
programme embraced widely along the value chain, to support the role copper
continues to play as a key material in a sustainable future."
New Gold Inc. (NYSE American:NGD) has closed the previously announced sale of the
Blackwater Project to Artemis Gold Inc. (TSXV:ARTG) for a total cash consideration of
$190 million, and a gold stream on 8 percent of gold production from the
project. Renaud Adams, CEO of New Gold, said:
"The
divestment of the Blackwater Project completes another key transaction for New
Gold that allows us to retain exposure to Blackwater through the gold stream
and our equity position in Artemis. We believe that Artemis is the best
positioned team to advance the project for the benefit of all stakeholders,
including the host communities and partners. We look forward to participating
in the future success of Blackwater and wish the team well."
Silver Dollar Resources Inc. (CSE:SLV) has reported highlights – including 1,778.1 g/t
silver equivalent over two metres – from its most recent diamond drilling
program at the La Joya Silver Project in Durango, Mexico. Mike Romanik,
President of Silver Dollar, said:
"While
we knew the Phase 3 drilling was completed at La Joya, we were exceptionally
pleased to learn the program returned the highest-grade silver, copper and gold
hits to date from the Main Mineralized Trend. A target that is of particular
interest is the 750-metre gap between the Main Mineralized Trend and the Santo
Nino Deposit, where no drilling has been undertaken. It demonstrates the
tremendous potential for resource expansion and will be a priority in our
initial exploration campaign."
Jaxon Mining Inc. (TSXV:JAX) has received the final assay results from the 2020
Phase One surface rock sampling program at its Hazelton project. According to
the press release, this has revealed “multiple high-grade, quartz sulfide
mineralization zones with silver grades of up to 1641 g/t, gold grades of up to
5.91 g/t and copper grades of up to 3.46% have been discovered at Netalzul
Mountain AOI.” John King Burns, CEO and Chairman of the Board, commented:
We
are inspired by the geology we are working with and will continue our
disciplined and systematic exploration. Despite market pressure to do
otherwise, we will only drill test fully developed and geologically informed
targets. The discoveries at Netalzul mark another advance in our understanding
of and vision for Hazelton."
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