#ExploringMining #Podcast
253 – News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (TSXV: $BNCH.V) (TSXV: $SPA.V)
(TSXV: $CVV.V)
Vancouver, Kelowna, Delta, BC, March 8,
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.
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podcast:
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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced results for an additional six
diamond drill holes totalling 845 metres from the Company's 29 hole, 5,349
metre diamond drill program completed during fall 2021. Highlights include a
return of 3.23 percent total rare earth oxide (TREO) over 162 metres from drill
hole WI21-40. Luisa Moreno, President, and Director of Defense Metals, said:
"Drilling
at depth within the northern Wicheeda Deposit has intersected significant new
zones of high-grade REE mineralization with the potential to expand the mineral
resource, and importantly may also contribute to supporting higher grades
across the range of potential mine life."
Benchmark Metals Inc. (TSXV:BNCH) has provided an update for ongoing technical and
engineering work to support the Preliminary Economic Assessment (PEA) and the
Feasibility Study for its 100 percent-owned Lawyer's Gold-Silver project in
British Columbia, Canada. Ian Harris, the company’s Vice President of
Engineering, explained:
"In
the coming months the Company will deliver a Mineral Resource Estimate with
drilling focused on significant infill drilling, resource expansion and adding
near surface gold-silver ounces. In parallel Benchmark has advanced multiple
engineering and environmental studies and trade-offs guiding drilling with a
mine building mindset. We believe this will drive significant value to the
Preliminary Economic Assessment, to be completed in short order once resources are
updated. During 2022, Benchmark will rapidly advance to a mining decision with
a $30 million budget for environmental assessment readiness, feasibility level
design, and drilling."
Spanish Gold Mountain Ltd. (TSXV:SPA) has submitted the Initial Project Description
(IPD) and Early Engagement Plan for the Spanish Mountain Gold Project in
British Columbia, Canada, to the B.C. Environmental Assessment Office and
Impact Assessment Agency of Canada. The company’s CEO, Larry Yau, commented:
"We
are excited about the submission of the IPD, which marks the official
commencement of our EA process following the extensive preparations we have put
into our project over the years. We are hopeful that this substantive
groundwork will help us avoid many potential pitfalls in the lengthy and
intricate process and allow us to achieve the remaining EA milestones we have
targeted for 2022 and beyond."
CanAlaska Uranium Ltd. (TSXV:CVV) has announced the start of a planned 3,000 metre
drill program on the high-grade Manibridge nickel project in the Thompson
Nickel Belt of Manitoba, Canada. According to the press release, the drilling
“will focus near the past-producing Manibridge Nickel Mine that produced 1.3
million tonnes at an average grade of 2.55% nickel and 0.27% copper from 1971
to 1977.” Cory Belyk, the CEO of the company, said:
"With
the price of nickel taking off and nickel inventories at an historic low, now
is the time to advance high-grade sulphide nickel projects such as Manibridge
to the next level of exploration and investment. We are excited to be part of
the inaugural drilling program under this new option agreement with Metal
Energy. With CanAlaska's extensive Thompson Nickel Belt holdings, our
shareholders are well positioned to take advantage of the increasing nickel
market fundamentals."
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