#ExploringMining #Podcast
Episode 182 – #Mining #Stocks News from (TSXV: $AUN.V) (OTC: $AUNFF) (NYSE: $CCJ)
(NYSE: $SAND) (TSXV: $VIZ.V)
Point Roberts WA, Delta BC, July 7, 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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Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) has reported results of the first assays after
accessing the Virginius Vein on the 1800 level, as well an update on progress
towards first production on its Revenue-Virginius mine. Initial samples from
the aforementioned vein assayed 38.611 ounces per ton (opt) of silver
equivalent over a vein width of 2.5 feet, including 85.782 opt of silver
equivalent over 0.6 feet. The press release indicates that Revenue-Virginius is
on track to reach full production of 270 short tons per day (stpd) by September
2021.
Cameco Corporation (NYSE:CCJ) has entered into a Memorandum of Understanding
with GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel-Americas (GNF) to
explore several areas of cooperation to advance the commercialization and
deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the
world. Tim Gitzel, President and CEO of Cameco, said:
“Nuclear
power will play a massive role in the global shift to zero-carbon energy,
generating a lot of momentum for emerging SMR and advanced reactor
technologies. Cameco intends to be a go-to fuel supplier for these innovative
reactors. We’re looking forward to working with GEH and GNF to see what
opportunities might exist around their novel SMR design.”
Sandstorm Gold Ltd. (NYSE:SAND) has announced that it has sold roughly 18,000
attributable gold equivalent ounces and realized a preliminary revenue of $32.4
million in the three months ended June 30, 2021, both new company records.
According to the press release, the “preliminary cost of sales, excluding
depletion for the three month period was $4.1 million resulting in cash
operating margins of approximately $1,570 per attributable gold equivalent
ounce.”
Visionary Gold Corp. (TSXV:VIZ) has closed its previously announced acquisition of approximately 6,000 acres of
state leases and unpatented mining claims from Innovative Exploration Ventures,
LLC (IEV) for $99,000 CAD. The company also acquired IEV’s statewide geologic
database, which comprises: airborne magnetics, geochemical data, structural and
lithological maps, drillhole database and sample library. Wes Adams, CEO of Visionary,
said:
"We
are pleased to announce the closing of our acquisition of IEV's large land and
data package and have already begun delineating priority areas for systematic
exploration this summer on the newly acquired lands. Our primary focus for May
and June was to prepare for our maiden drill program at our flagship Wolf Gold
Project, which will commence imminently. We look forward to providing updates
on drilling at Wolf as well as summarizing exploration progress on both new and
existing prospects in the coming weeks and months."
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