#ExploringMining #Podcast Episode 124 – #Mining #Stocks News from (NYSE: $NEM) (TSXV: $BNCH.V) (TSXV: $GLDC.V) (TSXV: $XPLR.V)
Point Roberts WA, Delta BC, December 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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Newmont Corporation (NYSE:NEM)
has announced its 2021 and longer-term outlook.
Some highlights include an attributable gold production guidance of 6.5 million
ounces, and gold equivalent ounce production from other metals of 1.3 million
ounces for 2021. Newmont’s President and CEO, Tom Palmer, said:
"Newmont’s
outlook remains strong and stable as we apply the rigor and discipline of our
proven operating model across our world-class portfolio. Our five-year outlook
reflects improving production and costs as we continue to deliver value from
superior operational and project execution. Our strong financial position
allows us to continue investing in profitable, organic growth while
simultaneously returning cash to shareholders through our industry leading dividend
framework."
Benchmark Metals Inc. (TSXV:BNCH) has drilled the deepest gold-silver mineralization
intersected to date at the northern portion of its Cliff Creek deposit. The
company’s CEO, John Williamson, said:
"This
drill hole and the surrounding ones are successfully expanding gold and silver
to new depths. The Cliff Creek North area is providing continuous, impressive
grades from surface with high-grade material at depth. The new depth extensions
are yielding impressive intersections that include 1,036 g/t silver and 22.6 g/t gold over 4.3 metres core length. The
excellent results from the first of these deep holes confirm our geological
model and indicate that this robust mineralizing system remains strong and open
at depth. We look forward with great expectations to receiving results from the
adjacent drill holes."
Cassiar Gold Corp. (TSXV:GLDC) has reported assay results for the remaining ten
diamond drill holes from its recently-completed 2020 drill campaign on its 100
percent-owned Cassiar Gold Property in northern British Columbia, Canada. One
highlight in particular was drill hole 20TA-116, which saw “5.43 g/t Au over
18.22 m including 22.40 g/t Au over 0.75 m and 2.77 g/t Au over 13.55 m.” Marco
Roque, CEO of Cassiar Gold, said:
"These
are our best results from Taurus yet. The remarkable intercept lengths with
attractive grades within and around the Taurus resource enhance our confidence
in the deposit and its potential for expansion. As we turn our attention
towards our high-grade targets at South Cassiar, I couldn't be happier with the
Taurus campaign and the results this team has put together.”
Xplore Resources Corp. (TSXV:XPLR) has completed the acquisition of the Valk Project,
which consists of 1,614 Ha and within the Nanaimo Mining Division in British
Columbia, Canada. Wes Hanson, President and CEO of Xplore, commented:
“This acquisition
allows the Company to proceed with future exploration at a pace that we control,
providing us with flexibility to deploy our capital prudently. The copper
sector is seeing renewed interest as a result of rising copper prices. Historic
exploration at Valk has identified anomalous, widespread copper results in a
region with demonstrated potential for significant copper discovery. We are
currently evaluating alternatives for follow up exploration at Valk in H2,
2021."
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