#ExploringMining #Podcast 241 – News from (TSXV: $OTGO.V) (TSXV: $FOR.V)
(NYSE: $RIO) (NYSE: $TRQ) (NYSE: $GOLD) (TSXV: $BAU.V)
Vancouver, Kelowna, Delta, BC, January
25, 2022 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.
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2022/012522-Mining.mp3
Read this in full at https://www.investorideas.com/news/2022/exploring-mining/01251OTGO-FOR-RIO-TRQ-GOLD-BAU.asp
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Fortune Bay Corp. (TSXV:FOR) (Frankfurt:5QN) has announced the start of Phase 2 exploration
drilling on its Goldfields Gold Project, and a ground gravity survey on its
Strike Uranium Project. The company’s CEO Dale Verran said:
"The
coming year is poised to be an exciting year for the Company as we embark on
implementing an expansive set of exploration plans focused on making new
discoveries. In this regard, we are pleased to have started our 2022 field
programs, commencing with exploration drilling at Goldfields and a ground
gravity survey at Strike Uranium. Gold target generation during 2021, and a
drill rig on site, has allowed us to commence the 2022 drilling at Goldfields
on a compelling set of targets that lie directly between the Box and Athona
gold deposits. While this program is ongoing during winter 2022, geophysical
surveys at the Strike and Murmac projects are designed to prioritize targets
before we commence exploration drilling for high-grade uranium in mid Q2
2022."
Rio Tinto Group (NYSE:RIO) has reached an agreement with Turquoise Hill
Resources (NYSE:TRQ) and the Government of Mongolia to
move the Oyu Tolgoi (OT) project forward, resulting in the latter approving the
commencement of underground operations. Rio Tinto’s CEO, Jakob Stausholm, said:
"The
OT underground development will consolidate Rio Tinto’s position as a leading
global supplier of copper at a time when demand is increasing, driven by its
role in enabling decarbonisation and electrification in the race to net zero.
We will also explore additional opportunities to decarbonise the OT operations,
including sourcing renewable power."
Barrick Gold Corporation (NYSE:GOLD) has announced that North Mara and Bulyanhulu, both
“moribund gold mines when Barrick took over their management two years ago,”
are advancing to Tier One status. This follows the mines’ combined production
of more than 500,000 ounces in 2021. According to the press release, “North
Mara is on track to become a fully integrated mine,” and “Bulyanhulu has been
re-established as a world-class, low-cost, long-life underground mine as it
achieved steady state production on the successful ramp-up of its mining and
metallurgical operations in December 2021.”
Blue Star Gold Corp. (TSXV:BAU) has signed an expanded Hood River Mineral
Exploration Agreement (MEA) with Nunavut Tunngavik Inc. (NTI), expanding its
area by 40 percent to a total of 112 square kilometres. Grant Ewing, Blue Star
Gold’s CEO, said:
"The
expanded Hood River Project provides Blue Star with multiple new targets areas
to assess, with some of the most compelling additional areas lying within 2
kilometres of our high-grade Flood Zone gold deposit."
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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