#ExploringMining #Podcast Episode 159 – #Mining #Stocks News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $GOLD) (NYSE: $AG) (TSXV: $PXA.V)

 

#ExploringMining #Podcast Episode 159 – #Mining #Stocks News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $GOLD) (NYSE: $AG) (TSXV: $PXA.V)         

 

Point Roberts WA, Delta BC, April 15, 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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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has “received requests from two leading global Rare Earth Element (REE) smelting and separator enterprises to provide samples of Wicheeda 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, explained:

 

"We have now received four requests for evaluation samples of our high-grade Wicheeda REE mineral concentrate from Asian-based REE refiners. Defense Metals believes this underscores growing international market demand for readily accessible, high-quality, North American REE products. Discussions with potential offtake partners have the potential to yield benefits through opportunities for direct project funding, technical services agreements, and access to the full downstream rare earths value chain."

 

Barrick Gold Corporation (NYSE:GOLD) has reported Q1 results for 2021, including the sale of 1.09 million ounces of gold and 113 million pounds of copper. The company also reports preliminary Q1 production of 1.10 million ounces of gold and 93 million pounds of copper, putting it on track to achieve its 2021 guidance. According to the press release, “Barrick will provide additional discussion and analysis regarding its first quarter production and sales when the company reports its quarterly results before North American markets open on May 5, 2021.”

 

First Majestic Silver Corp. (NYSE:AG) has announced production results for the first quarter of 2021 from its three producing operations in Mexico: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. This includes production of 4.5 million silver equivalent ounces consisting of 2.9 million ounces of silver and 23,873 ounces of gold. This represents a decrease of 16 percent and 9 percent, respectively, from record high production numbers in the previous quarter. Keith Neumeyer, President & CEO of First Majestic, said:

 

"After a record-setting previous quarter, silver production in the first quarter came in slightly below budget primarily due to lower average silver grades and an extreme cold weather event in the month of February which reduced milling rates at La Encantada.”

 

Phoenix Gold Resources Corp. (TSXV:PXA) has signed a Letter Of Intent (LOI) with ENE-MIN Development Corp. to acquire up to 75 percent interest in the LiBeGa Lithium Project in Sibiu County, Romania. Phoenix Gold’s CEO and Director, Andrew Lee, commented:

 

"We are particularly pleased to have secured the potential for this highly promising lithium project in Europe, with extensive structural underground workings and excellent additional exploration potential. With a clear pathway as a battery metals company, we will have greater options to consider on the precious-metals side. Now we can get started on our review of the vast amount of Property information and data in our exclusive due diligence.”

 

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