#ExploringMining #Podcast
196 – #Mining #Stocks News from (TSXV: $OTGO.V) (NYSE: $RIO) (TSXV: $GGO.V)
(TSXV: $JAX.V) (TSXV: $NOB.V) (TSXV: $NZN.V)
Point Roberts WA, Delta BC, August 24,
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. Today’s podcast was sponsored by O2Gold Inc.
(TSXV:OTGO) , a mineral
exploration company with activities in Colombia.
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Rio Tinto Group (NYSE:RIO) has started to resume operations at Richards Bay Minerals
(RBM) in South Africa, following a stabilisation of the security situation
around the mine, and engagement with host communities and their traditional
authorities. The company’s Chief Executive of Minerals, Sinead Kaufman, said:
"The
safety and security of our people has been our priority throughout and we
recognise the collaboration and constructive dialogue we have had with all
stakeholders to get us into a position where we can restart operations and
resume contributing to the host communities, KwaZulu-Natal and South Africa. I
also acknowledge the resilience and dedication shown by all our people at RBM
over the past weeks."
Galleon Gold Corp. (TSXV:GGO) has entered into an agreement to sell its non-core
Kidd and Carnegie properties in Ontario, Canada to Noble Mineral Exploration
Inc. (TSXV:NOB), and an unnamed private company. R.
David Russell, the CEO and President of Galleon Gold, said:
"We
are very pleased that we have reached an arrangement with Noble that
consolidates their land holdings in the Kidd and Carnegie townships and
provides a platform for a broader exploration play. We look forward to becoming
Noble shareholders and participating in the advancement of these properties,
and other Noble holdings, through our equity interest."
Jaxon Mining Inc. (TSXV:JAX) reports that it has completed the fourth and fifth holes at Daisy
North Contact Zone at the Netalzul Mt project on the Hazelton Property in B.C.,
Canada. Both holes (NET21-04 and NET21-05), according to the press release,
“intersected sulfide quartz veining mineralization and disseminated sulfide
monzonite porphyry dykes associated with mineralization at Daisy North Contact
Zone.” John King Burns, Chairman and CEO of Jaxon Mining, explained:
"Jaxon
is on track to commence a major drill test of the deeper porphyry system at
Netalzul Mt. We have collected additional trace elements and geophysical data.
The team will be re-running the models to produce more accurate drill targeting
vectors for the porphyry."
Nevada Zinc Corporation (TSXV:NZN) has provided an update for the ongoing progress
with its multiphase pilot plant program to produce zinc sulfate monohydrate for
its Lone Mountain zinc project. The company’s President and CEO, Max
Vichniakov, said:
"We
are extremely pleased with yet another positive outcome from our bench-scale
testing program. Heavy metals occur naturally in source materials used to
manufacture fertilizers. Consequently, concentrations of these hazardous
constituents in the resulting fertilizers and animal feed must be completely
eliminated or decreased to an absolute minimum to meet industry standards. Our
ability to reduce cadmium levels to less than 1ppm speaks volumes about our
project and sets us on the path for a very clean, environmentally friendly,
premium zinc sulfate product. Successful completion of the solvent extraction
step with high zinc recoveries moves us to the final phase of our envisioned
flowsheet. We are extremely pleased with the progress made to-date and
anxiously await the results of the next phase.”
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV:OTGO) is a mineral exploration company
with activities in Colombia. O2 Gold is focused entirely on the exploration of
the Otú Fault project, with senior management based in nearby Medellín. The
team’s deep roots and experience in Latin America—in both capital markets and
mining—gives it the regional knowledge and operational expertise to create a
world-class project.
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