#ExploringMining #Podcast
Episode 145 – #Mining #Stocks News from (NYSEAmerican: $SILV) (TSX: $SILV.TO)
(TSXV: $DEFN.V) (OTCQB: $DFMTF) (TSXV: $JG.V) (NYSE: $GOLD) (TSXV: $MTU.V)
Point Roberts WA, Delta BC, February 23, 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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SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has completed its prospectus
offering announced on February 11, 2021 for the issuance of a total of
15,007,500 common shares at a price of US$9.20 per common share for gross
proceeds of US$138,069,000, including exercise of the over–allotment option in
full. According to the press release, SilverCrest “plans to
use the net proceeds of the Offering to expand the Las Chispas resources and
reserves through further drilling, to optimize the mine and processing plant
design, to explore regional targets, and for general working capital purposes.”
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced the completion of quarterly stream
flow measurements, and water quality sample collection; in addition to
installation of snow survey markers, weather station data download, and
equipment checks at its Wicheeda Rare Earth Element (REE) Property. The
company’s CEO, Craig Taylor, said:
"Continuation
of baseline environmental monitoring and ensuring we remain on schedule with completion
of quarterly field visits demonstrates our commitment to advancing the Wicheeda
REE Project. Defense Metals continues to be one of the most active companies in
the rapidly emerging REE space as we work in parallel on all facets of project
development including: baseline environmental, pilot-scale metallurgical
studies; in addition to economic modelling and scenario analysis as we work
towards completion of a PEA during 2021."
Japan Gold Corp. (TSXV:JG) has received approval by the Barrick Alliance for
a $4 million USD budget, funded entirely by Barrick Gold Corporation (NYSE:GOLD), to complete the proposed 2021
regional exploration work programs. According to the press release, these
exploration programs “are aimed at identifying new gold prospects through the
systematic sampling of stream sediments for bulk leach extractable gold
("BLEG"), and gold and multi-element pathfinder analysis of rock
samples.” Robert Krcmarov, Executive Committee Chairman of the Barrick
Alliance, said:
"We
are very pleased with the progress achieved and the anomalies generated to date
notwithstanding the less than ideal circumstances imposed by the global
COVID-19 pandemic. We look forward to completing the initial phase of project
screening and the potential opportunities that will come out of this
work."
Manitou Gold Inc. (TSXV:MTU) has provided an update on its ongoing 10,000 m
drill program along the southeastern segment of the Baltimore deformation zone
(BDZ), on its 100 percent-owned Goudreau Project. Richard Murphy, President and
CEO of Manitou Gold, explained:
“The
recent confirmation of the BDZ as a crustal-scale break and deformation zone
with associated gold mineralisation confirms all of our exploration rationale.
I look forward to our ongoing drill program results, as well as the results
from the large scale IP and magnetic surveying of an additional 10 km strike
length along the BDZ. Our drill program has been doubled to 10,000 m based on
recent success and we expect to have a continuous flow of drilling news over
the next few months, which we believe will demonstrate the potential of our 18
kilometres along the BDZ.”
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