#ExploringMining #Podcast
Episode 174 – #Mining #Stocks News from (NYSE: $EXK) (TSXV: $MGG.V) (CSE: $ARQ.C)
(TSXV: $AAX.V)
Point Roberts WA, Delta BC, June 8, 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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Endeavour Silver Corp. (NYSE:EXK) has intercepted high grade silver-gold
mineralization in a number of structures near the Terronera vein in Jalisco,
Mexico. Highlights include 9.78 gpt Au and 214 gpt Ag for 899 gpt AgEq over
1.35m ETW (estimated true width) at the San Simon vein, as well as 6.05 gpt Au
and 1,056 gpt Ag for 1,479 gpt AgEq over 2.88m ETW at the Fresno vein. Luis
Castro, the Vice President of Exploration, said:
“These
results support our view that the Terronera property continues to have
significant potential to discover new mineralized zones and grow the mineral
resources in multiple veins proximal to the already defined reserves and
resources in the main Terronera vein. Over the past couple years, our drill programs
have focused solely on delineating reserves and resources within the main
Terronera vein to increase the level confidence for the Feasibility Study.
During this time, surface exploration work was performed to develop and prepare
additional targets in the region. These drill results verify that our detailed,
methodical approach continues to be the right approach.”
Minaurum Gold Inc. (TSXV:MGG) has mobilized drill rigs to its high-grade Alamos
Silver project in southern Sonora, Mexico, to resume Phase II drilling. Phase
II, according to the press release, began in July 2020 and 40 holes were
drilled before pausing in December 2020 due to the COVID-19 pandemic. Peter
Megaw, the Director of Minaurum Gold, said:
"We
have taken advantage of our COVID-19 recess to refine and refocus our
exploration of the more than 26 veins we have identified in this historic camp.
As we resume drilling, we will be testing a mixture of new veins and follow-up
drilling of the mineralized shoots emerging in veins we've already begun
exploring."
Argo Gold Inc. (CSE:ARQ) has announced that it has started drilling at the
Uchi Lake Gold Project. The company had “initiated bedrock stripping,
trenching, washing, geological mapping and channel sampling at the Uchi Lake
Gold Project in April 2021,” “to expand and define known gold mineralization,
identify additional gold mineralization along the mineralized trends, and to
follow-up on the biogeochemical anomalies identified by the Summer 2019
biogeochemical survey that covered 5 kilometres of strike length on the main
mineralized trend.”
Advance Gold Corp. (TSXV:AAX) has reported results from the first four core
holes drilled at its Saldivar Salar in central Mexico, one of 13 salars the
company recently acquired in the region. Allan Barry Laboucan, President and
CEO of Advance Gold Corp. commented:
"We have
recently completed seven core holes at Saldivar with four reported today, and
three more pending. The first two holes went to bedrock at 84m and 77m. These
two deeper holes were designed to test the depth to bedrock. With the five
auger holes and now four core holes we have established widespread lithium,
boron and potassium distribution starting at the surface and continuous to
bedrock. These early assay results appear to indicate that the Lithium content
increases with depth and increases as we move towards the centre of the salar.
The surface expression of the Saldivar salar is approximately 2000 metres north
to south and 800 metres east to west with a depth of 80 metres. The drilling
clearly establishes the Saldivar salar as a bulk tonnage, open pit target. We
are also working to optimize our recovery process to prepare our test plant for
bulk sampling."
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