#ExploringMining #Podcast Episode 126 – #Mining #Stocks News from (NYSEAmerican: $GPL) (NYSEAmerican: $VGZ) (TSXV: $LITH.V) (TSXV: $IXI.V) (TSXV: $DAU.V)
Point Roberts WA, Delta BC, December 15,
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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Great Panther Mining Limited (NYSEAmerican:GPL) has completed updated Mineral Reserve and Mineral
Resource (MRMR) estimates for its 100 percent-owned Tucano mine in Brazil, with
an effective date of September 30, 2020. Highlights include Proven and Probable
(P&P) Mineral Reserves of 629K gold ounces, of which 299K ounces are open
pit reserves, and Measured and Indicated (M&I) Mineral Resources totalling
953K gold ounces. Rob Henderson, the company’s CEO, said:
"We
have successfully replaced 2020 mining depletion and added another year to the
mine life at Tucano. The updated MRMR estimate provides us with a higher level
of confidence for future mine and operational planning and we are confident
that, in parallel, we can unlock the larger potential of the region.”
Vista Gold Corp. (NYSEAmerican:VGZ) has reported initial drill results from the
ongoing drilling program at its 100 percent-owned Mt Todd gold project in
Northern Territory, Australia. The company’s President and CEO, Frederick Earnest,
explained:
“We
are encouraged by the results received so far. Over the last year, our
geologists have been evaluating the potential continuity and connectivity of
the mineralized structures extending from the Batman deposit northeast ~5.4 Km
to the Quigleys deposit. The results of this first hole confirm our initial
interpretation and suggest that additional drilling could result in the basis
for an increase in the mineral resource estimates both within and outside the
currently designed Batman pit. We are now drilling the third of three holes on
a fence across the Batman North Extension. Should the results from these next
three holes confirm an extension of the structure and mineralization that forms
the Batman deposit, additional drilling could ultimately lead to future changes
to the mine design.”
Lithium Chile Inc. (TSXV:LITH) has completed additional sampling on its 100
percent-owned Carmona gold and silver property. Highlights include the soil
sampling doubling the Au - Ag - Cu anomaly to 1.8 km2, and the
uncovering of “additional copper oxide, secondary chalcocite, chalcopyrite,
bornite and pyrite bearing veins and breccia zones that define a NE-SW trending
300m wide and 900m long zone with in the gold-silver-copper soil anomaly that
was identified during the earlier phase of sampling.” The company’s President
and CEO, Steve Cochrane, said:
"We
continue to see excellent results coming from our exploration efforts on our
Carmona prospect where we have now identified 3 separate gold and silver
bearing anomalies totaling 26 square kilometers. We look forward to providing
our shareholders regular updates as we continue to advance this exciting
project.”
Indigo Exploration Inc. (TSXV:IXI), a joint venture partner of Desert
Gold Ventures Inc. (TSXV:DAU), has commenced field work at the Djimbala gold
project in southern Mali, West Africa. According to the press release, “the
Djimbala Permit is situated in the Yanfolila Gold Belt and is surrounded by a
significant number of gold deposits, mines and prospecting permits.” Jared
Scharf, President and CEO of Desert Gold, said:
“I'm
very pleased to see Indigo moving forward with this exciting work program.
Desert Gold is a material shareholder of Indigo and as such we wish them the
best of luck this coming work season."
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