#ExploringMining #Podcast Episode 139 – #Mining #Stocks News from (NYSE: $EXK) (TSXV: $RMI.V) (TSXV: $SCZ.V) (TSXV: $EQTY.V) (CSE: $SAND.C)
Point Roberts WA, Delta BC, February 2, 2021 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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Though currently in the red by nearly 10 percent in the
past 24 hours at press time, Silver reached an eight-year high yesterday,
according to CNBC, after growing to $29.06 an ounce. CNBC
reports that this “spike in demand” for the metal “appears to be related to
retail traders in the Reddit forum WallStreetBets, which has helped drive
trading activity in heavily shorted stocks like GameStop and AMC Entertainment
in recent weeks.”
Endeavour Silver Corp. (NYSE:EXK) has granted an option to purchase a 100 percent
interest in its Guadalupe y Calvo gold-silver exploration project in Chihuahua,
Mexico to Ridgestone Mining Inc. (TSXV:RMI) The project boasts a “production
history of over 2.0 million ounces of gold and 28.0 million ounces of silver
with estimated head grade of 37gpt Au and 870gpt Ag.” Jonathan George, CEO and
Director of Ridgestone, commented:
"We
are very excited for this addition to the Ridgestone Mining project portfolio
as we increase our footprint in Mexico. The Guadalupe y Calvo project
represents a significant asset that we look to advance through exploration
which will include a review and 3D interpretation of the current drill hole
database in the coming months. Our technical team sees the great potential in
the project to grow the resources and generate new high-priority targets. This
project compliments our Rebeico Project as we look to build value for all
stakeholders."
Santacruz Silver Mining Ltd. (TSXV:SCZ) has reported operating results from the Zimapan
Mine and the Rosario Project in Mexico for Q4 and the year ended December 31,
2020, and has also provided an operations update. Some highlights include an
increase in silver equivalent (AgEq) consolidated annual production of 30
percent, and a Q4 silver production increase of 20 percent at the Zimapan Mine.
The company’s CEO, Carlos Silva, said:
"Our
priority during 2020 was to ensure the health and safety of our employees and stakeholders
during the unprecedented COVID-19 pandemic. Despite country wide closures early
in the year, we achieved a safe return to full production by June 2020 and
reached record levels by year end, which is a significant accomplishment for
our team on the ground. Additionally, production from Veta Grande has been
completely replaced by production from the Zimapan Mine."
Equity Metals Corporation (TSXV:EQTY) has reported final assays from its 2020 Phase I
drill program on the Silver Queen Property, BC, which “identified bonanza-grade
silver mineralization at the Camp Vein and high-grade gold mineralization at
the No. 3 Vein.” Select highlights include: a 0.8 metre down-hole interval
averaging 2,522g/t Ag, 0.2g/t Au and 2.1% Zn, and a 0.8 metre down-hole
interval averaging 864g/t Ag, 0.3g/t Au and 1.6% Zn.
Silver Sands Resources Corp. (CSE:SAND) has announced the start of the 2,700m Phase II
drill program at the Virginia Silver Project, in Santa Cruz province,
Argentina. The company’s CEO, Keith Anderson, said:
"We
were very pleased to encounter significant intersections in 2 of our first 6
holes as we looked at increasing the lateral extent of mineralization at both
Ely Central and Martina SW. The Phase II program is further targeting both of
these zones, along with some of the other principal veins and new targets
generated from the Phase I trenching and IP programs.”
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