#ExploringMining #Podcast
Episode 156 – #Mining #Stock News from (ASX: $NCM.AX) (NYSE: $AG) (TSXV: $MAI.V)
(TSXV: $BTR.V)
Point Roberts WA, Delta BC, March 31,
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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Newcrest Mining Limited (ASX:NCM) has announced its initial Mineral Resource
estimate for the Red Chris mine in British Columbia, Canada. Highlights include
a measured and indicated resource of “980Mt @ 0.41 g/t gold and 0.38% copper
for 13Moz contained gold and 3.7Mt contained copper.” The company’s CEO,
Sandeep Biswas, said:
"The
announcement of our initial Mineral Resource estimate marks another milestone
in our transformation of Red Chris. We remain on track to release the findings
of our block cave Pre-Feasibility Study by the end of September 2021 and
continue to evaluate a number of early mining options which could enable an
acceleration of cash flows prior to the development of a block cave."
First Majestic Silver Corp. (NYSE:AG) has filed updated technical reports in accordance
with National Instrument 43-101 - Standards of Disclosure for Mineral Projects
for its three operating mines: the San Dimas Silver/Gold Mine, the Santa Elena
Silver/Gold Mine and the La Encantada Silver Mine. Combined highlights from the
three mines include Proven and Probable Mineral Reserves totalling 62.2 million
ounces of silver and 606,000 ounces of gold, or 121.5 million silver equivalent
ounces, and Measured and Indicated Mineral Resources totalling 111.7 million
ounces of silver and 1.26 million ounces of gold, or 233.2 million silver
equivalent ounces.
Minera Alamos Inc. (TSXV:MAI) has selected TRIGUSA as the mining contractor for its
Santana gold mine, in Sonora, Mexico. CEO Darren Koningen explained:
"Our
Mexican operations team has a long and positive history with Trigusa dating
back to their involvement with the construction and operations at the El
Castillo mine (Castle Gold). Given the logistical challenges surrounding the
construction of a new mine during the Covid pandemic we have witnessed
firsthand, and in the toughest of environments, the commitment and execution of
Trigusa. We all look forward to a long-term relationship between the groups as
Minera Alamos completes the transformation to a new and growing gold producer
in Mexico."
Bonterra Resources Inc. (TSXV:BTR) has announced an update on results from the
ongoing drilling campaign at the Barry project. Highlighted in the press
release is “a wide zone of mineralization in drill hole MB-21-340 that
intercepted 7.4 grams-per-tonne gold over 14.7 m.” The company’s CEO, Pascal
Hamelin, commented:
"The
ongoing drilling results at Barry are very encouraging and support our view
that tremendous exploration potential remains within the camp near existing
infrastructure. Several historical intercepts suggest the potential for
higher-grade material to the west and drill hole MB-21-340 is no exception.
There are currently two diamond drill rigs operating at Barry. Importantly,
having several parallel gold-bearing structures allows for drilling to pierce
several zones with each hole. The Company continues to test extensions of the
deposits at all three of the Company's flagship assets in preparation of the
upcoming resource update expected in Q2/21."
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