#ExploringMining #Podcast
226 – (TSXV: $OTGO.V) (NYSE: $GOLD) (NYSEAmerican: $NG) (NYSE: $IAG) (TSXV: $NICU.V)
Point Roberts WA, Delta BC, December 1,
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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O2Gold, Inc. (TSXV:OTGO) has provided an update on its ongoing drill campaign at the
Aurora target. The press release indicates that “all holes drilled to date have
crossed a continuous mineralized zone more than 450 meters in strike, where a
quartz vein with sulfides shows a downdip extension of more than 150 meters,”
and that “the results obtained in the mineralized quartz vein show an average
apparent thickness of 0.71 meters and a weighted average grade of 6.27 g/t Au,
with values in enrichment zones up to 20.11 g/t Au.”
Mark Bristow, CEO of Barrick Gold Corporation (NYSE:GOLD), and Greg Lang, CEO of NovaGold
Resources, Inc. (NYSEAmerican:NG), visited the Donlin Gold project in Alaska
– owned 50/50 by both companies – where they met with local
stakeholders and state officials to reaffirm support for the project. Bristow
commented:
“Getting
together in Alaska, visiting the Donlin project site and sitting down with
stakeholders drove home the significance and importance of Donlin to both
partners. We have a unique opportunity to progress a world-class project in
both a jurisdiction and with local partners that recognize the contribution
such an asset can bring to the lives of future generations of Alaskans. Our
priority is to do that responsibly and sustainably and it is an illustration of
Barrick’s and NOVAGOLD’s strong partnership that we were able to have such a
productive workshop and come away with next steps to move the project forward.”
IAMGOLD Corporation (NYSE:IAG) has announced results from its 2021 exploration
infill drilling program completed at the Diakha deposit on its wholly owned
Diakha-Siribaya Gold project in western Mali. Craig MacDougall, the company’s
Executive Vice President of Growth, said:
"The
data from this program will help improve the current deposit model and support
the completion of an updated mineral resources estimation as we continue to
advance towards our objective of increasing total indicated resources to above
1.5 million ounces."
Magna Mining Inc. (TSXV:NICU) has announced that the next phase of exploration
at the Shakespeare Ni-Cu-PGM Project will start in early January 2021,
following the completion of a $3.14 million flow through financing on November
3. The company also recently completed a borehole electromagnetic (EM) survey.
Magna’s CEO Jason Jessup explained:
"The
results of these new downhole electromagnetic surveys at our P-4 discovery
indicate that there is a conductive zone extending to depth, well below the
mineralized intersections in the first discovery holes that we reported in
September of this year. It is particularly encouraging to have the conductivity
increasing at depth. We are prioritizing our drilling in January to test some
significant step-outs from the previous drilling and see how big this system
gets at depth and along strike. The EM survey results are exactly the sort of indications
you would expect to see in semi-massive or massive sulphide nickel and copper
discoveries in the Sudbury region."
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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