Point Roberts, WA and Delta, BC - September 30, 2021
(Investorideas.com Newswire) 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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Fortune Bay Corp. (TSXV:FOR) (OTC:FTBYF) has announced the Goldfields West Uranium
Project, comprising "the western claims of the Company's flagship
Goldfields Project in northern Saskatchewan." Fortune Bay CEO Dale Verran
said:
"We are pleased to announce a second uranium project in
proximity to the Company's active flagship gold assets and operational hub in
Uranium City. The Project provides Fortune Bay and its shareholders with
additional discovery potential amidst a strengthening uranium market.
Goldfields West includes an extensive package of favorable host rocks which
have not seen any significant uranium exploration since the 1980's due to a
focus on gold exploration. Historical work, which includes some noteworthy
drill intersections, indicates the Project has the hallmarks of a prospective
uranium corridor and warrants the application of modern exploration models and
methods to target high-grade unconformity-related, basement-hosted uranium
deposits."
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has provided a progress update for its
ongoing Wicheeda Rare Earth Element (REE) Project economic scenario analysis
being conducted by SRK Consulting (Canada) Inc. The project, according to the
press release, has "indicated mineral resources of 4,890,000 tonnes
averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources
of 12,100,000 tonnes averaging 2.90% LREO." The company's CEO, Craig
Taylor, said:
"We are extremely pleased with the progress of the defined
stages of the scenario analysis. Subject to successful results of the completed
scenario analysis our goal is to be in a position to report our PEA to market
by mid-November of this year."
NovaGold Resources Inc. (NYSEAmerican:NG) has reported its 2021 third quarter financial
results, as well as an update on its Tier One Donlin Gold project. Highlights
include assays from 29 holes, comprising about 7,500 meters of drilling, and
examples of high-grade drill-hole intercepts including hole DC-1970
intersecting 92.02 m grading 7.8 g/t gold.
Goldspot Discoveries Corp. (TSXV:SPOT) has been engaged by
MacDonald Mines Exploration Ltd. (TSXV:BMK) to help in the exploration of the
latter's 100 percent-owned SPJ Project in Northern Ontario. Goldspot will apply
its proprietary artificial intelligence and machine learning to "help
delineate drill-ready targets for high-grade gold mineralization, as well as
identify prospective areas regionally." Denis Laviolette, Executive Chairman
and President of GoldSpot, said:
"GoldSpot is excited to provide our proprietary technology to MacDonald Mines. The size of the SPJ Project's land package is substantial and we believe the large number of potential targets on the property are ripe for further analysis and refining under our team's technological and geological guidance."
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 Otu Fault project, with senior
management based in nearby Medellin. 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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