#ExploringMining #Podcast Episode 102 – #Mining #Stocks News from (NYSEAmerican: $SILV) (TSX: $SIL.TO) (NYSEAmerican: $GSV) (NYSEAmerican: $LODE) (OTC: $TNGL) (TSXV: $TEM.V)
Point Roberts WA, Delta BC, September 17, 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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SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has appointed Tara Hassan, a mining engineer with
over 15 years of industry experience, as Vice President, Corporate Development.
SilverCrest President Chris Ritchie commented:
"We
are excited to add Tara to the team ahead of what will be a pivotal year for
SilverCrest. As we approach the completion of our Las Chispas Feasibility Study
in Q4 2020, we welcome Tara's technical and capital markets experience. Tara's
addition further complements our highly experienced and dedicated team, which
remains focused on moving Las Chispas forward and driving additional value
through the drill bit both at Las Chispas, and the recently acquired El Picacho
property."
Gold Standard Ventures Corp. (NYSE American:GSV) has announced plans for an expanded 2020
development and exploration drilling program on its 100
percent-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend.
Estimated at about $10.05 million, the program will comprise “an estimated
10,457m of reverse-circulation (“RC”) and core drilling in 67 holes, and
includes funding for development, exploration, permitting and operational
requirements in support of the ongoing South Railroad Feasibility Study.”
Jonathan Awde, CEO and Director of Gold Standard, explained:
“With
this program, we expect to finalize the reserves to be included in our first
feasibility study and launch the permitting process for the South Railroad
Project. We see enhanced potential for improvement over our pre-feasibility
study of last year from reserve expansion, better processing options and a
deeper understanding of the most efficient project design and operating parameters.
We expect some exciting developments as we seek to optimize shareholder value
in a rising gold environment.”
Comstock Mining Inc. (NYSE American:LODE) has completed the sale of its Lucerne mine to
Tonogold Resources, Inc. (OTC:TNGL) for total value and consideration of
approximately $25.9 million. Corrado De Gasperis, Executive Chairman and CEO,
Comstock Mining, said:
“This
transaction delivered strong value for our shareholders, advanced Lucerne for
expansion and growth toward production, and just enabled us to eliminate all of
our secured debt, while securing NSR royalties, cost subsidies and future lease
revenues for our processing facilities. We are also very excited that Tonogold
has commenced drilling associated with their mineral lease to explore, develop
and mine properties in Storey County.”
Tembo Gold Corp. (TSXV:TEM) has provided an update on its Ngula 1 target.
Findings indicate that the target has “demonstrated the presence of both wide
low-grade and narrower high-grade mineralisation,” and have “confirmed that
significant structural trends hosting gold mineralisation in multiple
sub-parallel structures exist within an east-west corridor in excess of 600m in
strike and some 150 to 200m wide.” David Scott, President & CEO, said:
"The
drilling conducted at Ngula 1 highlighted the potential not just of this
target, with some outstanding results, but the potential of the entire
greenstone fragment, within which we have only conducted limited drilling
within an area of 10km2 on which the focus has been. Much remains to
be done and further success is anticipated. Depending on the prioritization
established through the current technical review, our aim is to fast track
resource definition through focused drill programmes."
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