#ExploringMining #Podcast Episode 123 – #Mining #Stock News from (NYSE: $NEM) (NYSE: $EGO) (TSX: $OSK.TO) (TSXV: $JG.V)
Point Roberts WA, Delta BC, December 3, 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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Newmont Corporation (NYSE:NEM)
has completed two key projects at its Musselwhite
mine at Lake Opapimiskan in Ontario, Canada: the full commissioning of the
mine’s conveyor system and the material handling project. These developments
reduce haul distances, making the movement of material more efficient. Tom
Palmer, President and CEO of Newmont, said:
"I
am extremely proud of the work that has been completed by the team at
Musselwhite to safely deliver these two critical projects, whilst managing
through the unprecedented challenges caused by COVID-19. Musselwhite is an
important part of our North America region, and with the commissioning of these
two projects is positioned to contribute to Newmont’s portfolio for many years
to come."
Eldorado Gold Corporation (NYSE:EGO) has released its updated Reserve and Resource estimates
as of September 30, 2020. Highlights include 17.7 million ounces of “Proven and
Probable gold Reserves,” up from 17.5 million ounces, or 1.3 percent, from
December 31, 2019. This growth is attributed to “increases at Kisladag, Lamaque
and Perama Hill, offset by decreases at Olympias and Efemcukuru.”
Osisko Mining Inc. (TSX:OSK) reports that infill drilling at the Lynx Zone
of its Windfall gold project in Quebec, Canada, has returned the highest-grade
result to date with “13,634 g/t Au over
2.0 metres including 90,700
g/t Au over 0.3 metres in hole WST-20-0543.” The CEO of Osisko Mining,
John Burzynski, said:
“Today’s
spectacular result, certainly one the highest gold grades in terms of metal
factor (grade x width) ever reported, continues to demonstrate the exceptional
high-grade characteristics of Lynx. Our infill drilling program continues to
show the strength of our deposit, and is confirming both the continuity and
high-grade nature of Windfall. We encourage people to go to our social media
page or website and view some of the recent photos of the spectacular visible
gold in this sample and other recent drill core coming from the ongoing work at
Windfall.”
Japan Gold Corp. (TSXV:JG) has signed a Joint Venture agreement with Koatsu
Kogyo Corporation (TYO:1743) for three mining rights licenses,
comprising 389 hectares, which adjoin its Ohra-Takamine Project. John Proust,
Chairman & CEO of Japan Gold Corp., commented:
"We're
very pleased to sign this joint venture agreement with the Koatsu Kogyo
Corporation. The joint venture covers a strategic and under-explored gap in the
Company's extensive portfolio in the very prospective Southern Kyushu
Epithermal Gold Province."
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