#ExploringMining #Podcast
Episode 176 – #Mining #Stock News from (TSXV: $FOR.V) (NYSE: $AGI) (NYSE: $CDE)
(NYSE: $PVG)
Point Roberts WA, Delta BC, June 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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podcast:
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Fortune Bay Corp. (TSXV:FOR) has announced Phase 1 drilling results for the
Athona gold deposit on its Goldfields Project in northern Saskatchewan, Canada.
The company’s CEO, Dale Verran, explained:
"We
are pleased with the Goldfields Phase 1 drilling results to date, which have
successfully expanded the Athona deposit footprint to the south and confirmed
the continuity of mineralization between Athona South and the main Athona
deposit. We are encouraged to note the presence of high grade in one of the
southernmost holes where drilling is relatively widely spaced, and
mineralization remains open. The results also indicate that historical sampling
and assaying from the 1930's was not comprehensive and as a result, areas of
mineralization have likely been missed altogether, which presents a further
opportunity for resource expansion. The Phase 1 drilling program is continuing
at the Box deposit with one hole completed and a further eight planned. We look
forward to results from Box where high-priority resource expansion targets have
been identified.”
Alamos Gold Inc. (NYSE:AGI) has reported results from surface and underground
exploration drilling at the Island Gold mine. This includes the mine’s “best
hole drilled to date,” at MH25-08 with 71.21 g/t Au (39.24 g/t cut) over 21.33
m. Alamos President and CEO John A. McCluskey commented:
“Over
the past year, ongoing exploration success has driven another one million ounce
increase in Mineral Reserves and Resources at Island Gold and returned the two
best intersections to date. We expect these new results to drive further
Mineral Resource growth in one of the highest grade portions of the ore body.
This already large Mineral Resource block in Island East is in proximity to the
planned shaft and remains open laterally and down-plunge demonstrating further
significant upside to the Phase III Expansion.”
Coeur Mining, Inc. (NYSE:CDE) has provided an update on the 2021 exploration
programs at its Silvertip mine in British Columbia and Crown exploration
property in Nevada. Highlights include Silvertip’s newly discovered mineralized
zone, called the Southern Silver Zone, the grade and orientation of which
“suggests the opportunity for bulk mining.” Drill results at Crown have
garnered “notable assay results,” which “demonstrate meaningful resource growth
potential at the Daisy, Secret Pass, SNA and C-Horst zones.”
Pretivm Resources Inc. (NYSE:PVG) has announced continuing intersection of high grade
gold mineralization in Phase 2 of the North Block resource expansion drill
program at the Brucejack Mine in British Columbia. Highlights include drill
hole VU-2933, “which assayed 561.6 grams per tonne gold over 15.0 meters,
including 8,400 grams per tonne gold over 1.0 meter,” and drill hole VU-2932,
which “assayed 306.6 grams per tonne gold over 19.5 meters, including 5,910
grams per tonne gold over 1.0 meter.” Jacques Perron, Pretivm’s President and
CEO, said:
“These
impressive results confirm high-grade gold mineralization in the North Block
Zone and further extend the potential of the Valley of the Kings deposit at
Brucejack. Based on the success of the second phase, we have initiated a third
and fourth phase of the drill program to further delineate the potential of the
North Block Zone.”
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