#ExploringMining #Podcast
Episode 177 – #Mining #Stock News from (NYSE: $RIO) (TSXV: $KDK.V) (TSXV: $RDG.V)
(TSXV: $TR.V)
Point Roberts WA, Delta BC, June 17, 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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Rio Tinto Group (NYSE:RIO) has begun operations at a new commercial scale
demonstration plant to produce high-quality scandium oxide at its Rio Tinto Fer
et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. According to the
press release, the plant “uses an innovative process developed by RTFT to
extract high purity scandium oxide from the waste streams of titanium dioxide
production, without the need for any additional mining.” The company’s Iron and
Titanium managing director Stéphane Leblanc said:
"For
the first time, customers will benefit from a North American supply of scandium
oxide for applications in solid oxide fuel cells, lasers, lighting products or
as an additive to produce high-performance alloys. In less than two years, we
have gone from testing a process to extract this critical material in a lab to
being able to supply approximately 20% of the global market. This is a
testament to our team’s capacity to think outside the box and deliver on our
commitments."
Kodiak Copper Corp. (TSXV:KDK) has added a second drill rig to its 100
percent-owned MPD copper-gold porphyry project in Southern British Columbia.
The company is engaged in a fully funded drill program of up to 30,000 metres
in 2021, focussing “on extending the Gate Zone where Kodiak made a high-grade
copper-gold discovery at the northern end of a one kilometer long soil
anomaly.” Kodiak’s President and CEO, Claudia Tornquist, said:
"It
is a truly exciting time for Kodiak as we follow up on our transformative Gate
Zone discovery with a fully funded, significantly larger drill program. We are pleased
with the progress of the program to date and are looking forward to
accelerating the drilling at the Gate Zone. Our shareholders can expect the
first results from this year's drill campaign in a few weeks and a steady flow
of drill results throughout the remainder of 2021."
Ridgeline Minerals Corp. (TSXV:RDG) has mobilized a core rig to the
Carlin-East project in Elko County, Nevada, as it begins the 3,000-meter Phase II drill program
at the site. The company’s Vice President of Exploration, Mike Harp, said:
“Our
team has spent two years building out the geologic model at Carlin-East with
the Crash Zone representing the highest potential target across the property.
We view Carlin-East as a rare opportunity for a junior explorer such as
Ridgeline to drill an untested target directly on trend of a world-class gold
deposit. Nevada Gold Mines recent discovery at North Leeville further
highlights the potential for new discoveries along this underexplored portion
of the Leeville Corridor."
Troubadour Resources Inc. (TSXV:TR) has provided an update on the status of drill
results from phase 1 drilling program on its Texas Gold project. The program’s
core samples, according to the press release, are “at the analytical lab and
being processed,” with results “expected to be received in the next few weeks.”
Company President Geoff Schellenberg commented:
"As
we eagerly await results from phase 1 drilling, we are excited to get crews
back to Texas to complete necessary field work in advance of a phase 2 drill
program. Extending the Cabin and Doorn targets will remain our primary focus in
our upcoming phase 2 drilling.”
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