#ExploringMining #Podcast
Episode 153 – #Mining #Stocks News from (TSXV: $FOR.V) (OTC: $FTBYF) (TSXV: $DEFN.V)
(OTCQB: $DFMTF) (TSXV: $C.V) (TSXV: $MASS.V)
Point Roberts WA, Delta BC, March 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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podcast:
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Fortune Bay Corp. (TSXV:FOR) (OTC:FTBYF) has announced a new Mineral Resource Estimate (MRE)
for its 100 percent-owned Goldfields Project in northern Saskatchewan, Canada.
Some highlights include: Indicated Mineral Resources of 975,000 oz of gold
(22.6 million tonnes at an average grade of 1.34 g/t), and Inferred Mineral
Resources of 176,000 oz of gold (6.0 million tonnes at an average grade of 0.92
g/t). Fortune Bay’s CEO, Dale Verran, said:
"The
resource estimate marks an important milestone for the Goldfields Project by
confirming almost one million Indicated ounces of open-pit constrained gold
within a more reliable and geologically representative estimate. A significant
amount of work, in both the office and field, has gone into preparing the
estimate which has included verification of the vast historical data set, the
development of new detailed geological and mineralization models for both
deposits, and a comprehensive estimation process."
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF)
has been notified by Welsbach Holdings Pte Ltd. that is
has received requests from two interested third-party Rare Earth Element (REE)
processors for samples of high-grade REE mineral concentrate for the purposes
of evaluation prior to entering discussions with respect to the negotiation of
an initial memorandum of understanding (MOU) and subsequent potential mineral
concentrate offtake agreements. Defense Metals CEO Craig Taylor commented:
"We
are extremely pleased that Welsbach has successfully identified two REE
processors interested in receiving representative samples of our high-grade
Wicheeda REE Deposit mineral concentrate. These requests represent a major step
forward in our efforts to assess the market potential of long-term REE mineral
concentrate offtake sale agreements."
Contact Gold Corp. (TSXV:C) has reported its financial and operating results
for the year ended December 31, 2020. Some highlights include the completion of
41 drill holes over 5,785 metres in the 2020 drill program at the company’s
Green Springs property, as well as the approval for a Plan of Operations at the
company’s Pony Creek project.
Masivo Silver Corp. (TSXV:MASS) has signed a letter of interest (LOI) for an
option agreement with Great Lakes Exploration and is moving very quickly
towards a definitive agreement. Such an agreement, according to the press
release, will give Masivo “the right to earn a 100% interest in a highly
prospective silver-gold-copper project in Elko County in northeastern Nevada.”
Masivo Silver Corp. CEO David Coburn said:
“We
are very excited to acquire a highly prospective silver-gold-copper property in
a well-established mining state such as Nevada. The property has high historic
values of silver, gold and copper as well as drill-ready targets defined by
geophysical surveys and surface prospects."
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