#ExploringMining #Podcast
Episode 147 – #Mining #Stocks News from (TSXV: $FOR.V) (OTC: $FTBYF) (TSXV: $DEFN.V)
(OTCQB: $DFMTF) (TSXV: $APN.V) (TSXV: $AAX.V)
Point Roberts WA, Delta BC, March 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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Fortune Bay Corp. (TSXV:FOR) (OTC:FTBYF) received a drilling permit for its Goldfields
Project in northern Saskatchewan, Canada, and has commenced mobilization for a
Phase 1 drilling program. The drilling program will comprise approximately
5,000 metres of core drilling planned in 15 holes, and according to the press
release, “drilling will be focused on expanding the mineral resources at the
Box and Athona deposits through step-out drilling from high gold grades which
remain open.” The company’s CEO, Dale Verran, said:
"We
are pleased to have commenced mobilization for our Phase 1 drilling program at
Goldfields immediately following receipt of a drilling permit. Our technical
team has undertaken an extensive review of the historical data and has
developed targets and a drilling plan with the potential to expand the
historical mineral resources at both Box and Athona. The last drilling campaign
at Goldfields was completed in 2011 and we look forward to reviving exploration
on the Project equipped with an improved geological understanding of the
deposits."
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has received additional pre-pilot
hydrometallurgical test work utilizing high-grade rare earth element (REE)
mineral concentrate produced during the Company's highly successful 26-tonne
flotation pilot-plant. Craig Taylor, CEO of Defense Metals, said:
"Defense
Metals is extremely pleased with rapid advances being made in our pre-pilot
hydrometallurgical optimization. We continue fine-tune our gangue leach, via
milder conditions versus base case, with an eye to striking the optimal balance
of high front-end impurity rejection with minimal REE losses. The results
announced today speak to the success of these efforts."
Altiplano Metals Inc. (TSXV:APN) has reported the January 2021 production results
from the Farellon Copper-Gold mine near La Serena, Chile. Highlights include
the production of approximately 3,480 tonnes of mineralized Cu/Au material at
an approximate grade of 1.8 percent copper with shipments for processing
totaling 2,770 tonnes. The company also saw revenue of $220,000 from the sale
of 151,960 pounds of copper, up from $150,000 and 90,660 pounds of copper
reported in December.
Advance Gold S.A. de C.V., the wholly-owned Mexican
subsidiary of Advance Gold Corp. (TSXV:AAX), has signed a purchase agreement to acquire a series of 13
lithium-potassium-boron prospective salars in central Mexico. Advance Gold
Corp.’s President and CEO, Allan Barry Laboucan, commented:
"We
are excited to diversify our portfolio of projects with a group of
lithium-potassium-boron prospective salars in central Mexico. There is a strong
investor appetite for lithium projects due to the quest for alternative energy
sources, with the new Biden administration in America, and worldwide.”
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