#ExploringMining #Podcast
225 – (TSXV: $OTGO.V) (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $AEM) (NYSE: $KL)
(TSXV: $VSR.V)
Point Roberts WA, Delta BC, November 29,
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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podcast:
https://www.investorideas.com/Audio/Podcasts/2021/112921-Mining.mp3
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at https://www.investorideas.com/news/2021/exploring-mining/11291OTGO-DEFN-AEM-KL-VSR.asp
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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced the results of its Preliminary
Economic Assessment (PEA) and updated mineral resource estimate for the
development of its Wicheeda Rare Earth Element (REE) deposit in British
Columbia, Canada. The company’s CEO, Craig Taylor, said:
"We
are pleased to have delivered a positive PEA for the Wicheeda REE Project that
has the potential to be one of the top REE projects in the world. We chose SRK
due to its world class experience and reputation in the mining industry and in
particular its ability to assemble a team with highly specialized knowledge of
Rare Earth Elements projects. The results of the PEA reveal the Wicheeda
Project demonstrates robust economics and relatively low initial CAPEX via a
staged development scenario that provides the flexibility to capitalize on
forecast REE demand pressure."
Agnico Eagle Mines Limited (NYSE:AEM) has announced that its shareholders voted
“overwhelmingly in favour of the resolution approving the issuance of Agnico
Eagle common shares in connection with the proposed merger” with Kirkland Lake
Gold Ltd. (NYSE:KL). Sean Boyd, Agnico Eagle's CEO, said:
“We
are very excited about the transaction as it positions Agnico Eagle as the
leading low risk global gold company with growing production, low costs and
strong ESG leadership. Our near-term focus will be on completing the
integration plan for the two companies while we await the final regulatory
approvals. We look forward to providing additional information on the combined
businesses once the transaction has been finalized, which is expected to occur
in the first quarter of 2022.”
Vanstar Mining Resources Inc. (TSXV:VSR) has signed a letter of intent with IAMGOLD
Corporation (NYSE:IAG) to acquire a 75 percent interest in
the Calder-Bousquet property. According to the press release, the property
boasts “37 contiguous mining claims covering approximately 1,490 ha.”
Element 29 Resources Inc. (TSXV:ECU) has announced that Peru’s Ministry of Energy and
Mines has issued authorization for it to start exploration activities at its
wholly-owned Flor de Cobre Copper project in the south of the country. Richard
Osmond, Chairman and Interim CEO of Element 29, explained:
“Flor
de Cobre comprises two highly prospective porphyry centres - Candeleria and
Atravezado. Candelaria was drilled in the 1990s and outlined an historical
resource estimate of 57.4 million tonnes of 0.67% copper associated with a
supergene enrichment blanket. The upcoming drill program will allow Element 29
to complete a potential mineral resource estimate compliant with NI 43-101
disclosure requirements while continuing to explore the system at depth.”
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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