#ExploringMining #Podcast Episode 108 – #Mining #Stocks News from (NYSE: $EXK) (TSXV: $PGZ.V) (TSXV: $BRC.V) (CSE: $BULL.C)
Point Roberts WA, Delta BC, October 8, 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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Endeavour Silver Corp. (NYSE:EXK) has reported Q3 production of 942,274 silver
ounces and 10,260 gold ounces for silver equivalent (AgEq) production of 1.8
million ounces at an 80:1 silver:gold ratio, for a total year to date production
to 4.4 million AgEq ounces. Endeavour’s CEO, Bradford Cooke, said:
“After
riding out a challenging Q2 with our mining operations suspended for more than
half the quarter, due to the government COVID-19 mandate, our operations team
were able to deliver a return to our production plan in Q3, 2020. I commend all
of our employees for quickly and fully embracing our COVID-19 precautionary
measures to prevent contagion at our mine sites.
This
pandemic has temporarily changed our lives and required all of us to be
persistent with our safety procedures to operate as safely and effectively as
possible. We continue to keep our higher risk people safe at home during this
period and yet our mines are running near capacity despite having fewer
employees on site, a testament to the positive response by our operations
management and employees.”
Pan Global Resources Inc. (TSXV:PGZ) is adding a second drill rig to bolster the
ongoing Phase 3 drill program at the La Romana copper discovery in the Escacena
Project in Spain. This follows results from a new down hole electromagnetic
(DHEM) survey. Tim Moody, President and CEO of Pan Global, said:
"The
new down hole electromagnetic survey results are very positive and
significantly extend the copper target east of recent drill holes LRD14 and
LRD15, which both intersected massive chalcopyrite mineralization. The copper
mineralization is wide open in this area.
Whilst
we are awaiting assay results, we're mobilizing a second drill rig to
accelerate the drilling. Additional drill holes have now been added to further
test the lower conductor along strike and down-dip from holes LRD 14 and
15."
Blackrock Gold Corp. (TSXV:BRC) has announced intercepts on its maiden drill
program at the 100 percent-controlled Tonopah West project in the Walker Lane
trend of Western Nevada. This includes drillhole TW20-017, which according to
the press release, “delivered the highest-grade intercept of the program to
date, cutting 1.5 metres (m) of 26 g/t gold (Au) & 2,030 g/t silver (Ag),
or 4,643 g/t silver equivalent (AgEq) within 3.1 metres of 14 g/t Au &
1,070 g/t Ag (2,466 g/t AgEq).” Andrew Pollard, Blackrock’s President &
CEO, explained:
"Management
had high expectations going into our maiden round of drilling, though as
initial assay results continue to roll in, it's clear we may have
underestimated the project's potential. These results from the DPB Target not
only continued to highlight the bonanza grades for which this historic district
was renowned, but have now extended the mineralized vein corridor a further
500m along strike from where historic production shut down roughly 90 years
ago.”
Canadian Palladium Resources Inc. (CSE:BULL) has announced the recommencement of the 10,000
metre diamond drill program on its East Bull Palladium Project, in the Sudbury
mining district of Ontario, Canada. The program started in February this year,
and comprises four “phases,” lasting approximately four weeks each with two
weeks separating them. The program’s Director, Garry Clark, said:
"Canadian
Palladium is pleased with the results we have received to date which will
significantly expand the current resource. The next phase will be to test the
area between the Garden and Valhalla Zones."
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