#ExploringMining
#Podcast Episode 161 – #Mining #Stock News from (TSXV: $DEFN.V) (OTCQB: $DFMTF)
(NYSE: $RIO) (TSXV: $KNC.V) (CSE: $PAU.C)
Point Roberts WA, Delta BC, April 22,
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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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF)
has received the formal Wicheeda Rare Earth Element
(REE) Project continuous hydrometallurgical pilot plant proposal from SGS
Canada Inc. Defense Metals CEO Craig Taylor commented:
"Since
initiating its option to acquire 100% of the Wicheeda REE Project in late 2018
and subsequently collecting a 26-tonne bulk sample, Defense Metals has rapidly
advanced Wicheeda from an attractive prospect to a compelling resource-stage
project. Flotation and hydrometallurgical flowsheet development was completed
in parallel with our highly successful 2019 diamond drill campaign that led to
an upgraded and expanded mineral resource estimate. We are now excited to take
the next step in demonstrating scale-up operability of the Wicheeda REE
beneficiation process, leading to the production of a saleable NdPr (Neodymium)
oxide product."
Rio Tinto Group (NYSE:RIO) has reported its first quarter production results.
HIghlights include Pilbara iron ore shipments of 77.8 million tonnes, up 7
percent over Q1 2020, but production of 76.4 million tonnes, which was 2
percent lower than Q1 2020. The company’s CEO, Jakob Stausholm, said:
"We
achieved an overall solid operating performance in the first quarter. We have
maintained guidance ranges in all our products, with site teams successfully
managing the effects of significant rainfall, in particular at our Australian
iron ore assets.”
K9 Gold Corp. (TSXV:KNC) has received approval from the Newfoundland and
Labrador Mineral Lands Division for a 20-hole, 5000 metre drill program on its
Stony Lake project in central Newfoundland, Canada. According to the press
release, the firm “is now preparing to mobilize its geological crew the first
week of May to Grand Falls - Windsor to commence the summer program which is
planned to include drilling, trenching, extensive soil sampling and
mapping/prospecting.”
Provenance Gold Corp. (CSE:PAU) has executed a definitive share
purchase agreement to acquire all of the outstanding share capital
of Cariboo Gold Producers Inc., who controls the rights to the Mineral Hill
silver property in Nevada. Rauno Perttu, Provenance's CEO, commented:
"We
now have three excellent Nevada properties, and believe each has the potential
to become a very significant new discovery. We are working swiftly to advance
our properties, with Silver Bow having been initially drilled and awaiting
assays, and initial drilling at White Rock planned to begin in May. We now need
to get recognition of the Company and the high quality of our projects and are
initiating that effort. This is a very exciting time for our company.”
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