#ExploringMining #Podcast
Episode 154 – #Mining #Stocks News from (NYSE: $RIO) (TSXV: $WGO.V) (TSX: $LN.TO)
(TSXV: $HSTR.V)
Point Roberts WA, Delta BC, March 25,
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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Rio Tinto Group (NYSE:RIO) has announced an agreement with renewable energy
tech company Heliogen to deploy the latter’s breakthrough solar technology at
Rio Tinto’s borates mine in Boron, California. Heliogen CEO and Founder Bill
Gross commented:
“We’re
pleased to find a partner committed to cutting its contributions to climate
change. We’re also pleased that Rio Tinto is exploring our technology to play
an important role in helping reach its sustainability goals while dramatically
reducing its energy costs. More broadly, we’re excited to take this important
step as we pursue Heliogen’s goal of avoiding more than 1 gigaton of CO2
emissions – 5 percent of the world’s annual total – from the global economy by
turning sunlight into an industrial energy source."
White Gold Corp. (TSXV:WGO) has reported significant soil geochemistry results
from 2020 sampling and completion of a new structural geological interpretation
at its Bonanza property in the Yukon, Canada. Highlights include a combined
strike length of the multiple gold in soil anomalies and interpreted
controlling structures of more than 6 kilometers, which remains untested by
trenching and/or drilling. According to the press release, “these results will
be combined with historic data over the coming months to define targets for
drilling later in the year.”
Loncor Resources Inc. (TSX:LN) has announced further significant assay results
from the drilling program at its 84.68 percent-owned Imbo Project in the
eastern part of the Ngayu greenstone belt in the Democratic Republic of the
Congo. Hole LADD009, the deepest borehole drilled to date at its flagship
Adumbi deposit, intersected “32.15 metres grading 6.17 grammes per tonne (g/t)
gold (including 1.46 metres grading 94.77 g/t Au), 15.36 metres grading 3.73
g/t gold (including 5.89 metres grading 6.56 g/t Au), 5.00 metres grading 3.17
g/t gold and 7.45 metres grading 1.48 g/t gold.” Loncor President Peter Cowley
said:
“These
excellent results combined with previous results from the ongoing drilling
program indicate that gold grades are increasing with depth. We continue to be
excited by the results at Adumbi.”
Heliostar Metals Ltd. (TSXV:HSTR) is beginning the next field program at its Unga
project on Unga and Popof Islands, Alaska. Charles Funk, CEO of Heliostar,
commented:
“The
2020 drilling program at Unga demonstrated the district scale opportunity that
the project represents. The favourable climate in southwestern Alaska allows an
early start to our 2021 program and a longer exploration season to expand on
last year's successful work program. The three drill rigs will focus on
expanding the open drill intersections at Apollo-Sitka, Aquila and SH-1 with an
initial project goal of expanding the current resource to greater than one
million ounces."
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