#ExploringMining #Podcast
259 - News from (NYSE: $GOLD) (NYSEAmerican: $AUMN) (TSXV: $PHNM.V) (CSE: $SLV.C)
Vancouver, Kelowna, Delta, BC, March 24,
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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Barrick Gold Corporation (NYSE:GOLD) reports that Kibali in the Democratic Republic
of the Congo (DRC), and the largest gold mine in Africa, has started strong in
2022 and “is on track to equal its 2021 production this year.” In 2021,
according to the press release, Kibali “replaced the reserves depleted by
mining and its prolific KZ trend of orebodies continues to deliver
opportunities for significant open pit and underground growth.” Barrick’s
President and CEO, Mark Bristow, said:
“Barrick
is continuing to invest in the DRC, not only by developing the many new growth
opportunities which are extending Kibali’s life, but also through pursuing
greenfields exploration and other opportunities across the country as we search
for our next world-class discovery.”
Golden Minerals Company (NYSEAmerican:AUMN) has shared its financial results and business
highlights for the full fiscal year ending December 31, 2021. Highlights from
the year include revenue of $25.6 million – up from $5.6 million in 2020, and a
Q4 2021 revenue of $9.5 million. The company also achieved production of 14,400
ounces of gold and 59,900 ounces of silver from the Rodeo mine, where a a
5,648-meter, 82-hole drill program was also completed.
Phenom Resources Corp. (TSXV:PHNM) has announced new vanadium intercepts from the
2020 and 2021 drilling during the evaluation of the gold system on its flagship
Carlin Gold-Vanadium Project on the Carlin Gold Trend in Nevada. The company’s
President and CEO, Paul Cowley, commented:
"These
new vanadium intercepts are noteworthy reflecting multiple opportunities to
expand the vanadium mineralization northernly, easterly and at depth. From the
shallow intercepts, hole RC20-05 returned a >50% thicker intercept to its
nearest previous hole, and hole RC21-13A, 100m north of the vanadium resource
outer limits, returned 24.4m of 0.71% V2O5."
Silver Dollar Resources
Inc. (CSE:SLV) has posted initial exploration results for the
fall and winter drilling program completed at the La Joya Silver project in the
state of Durango, Mexico. Highlights include Hole NOR-21-002, which returned
131.2 grams per tonne (g/t) silver equivalent (AgEq) over 5.37 metres, and Hole NOR-21-004 that
returned 1,590 g/t AgEq over 3.00 m, and 2,369 g/t AgEq over 1.01 m within a
broader intersection of 361.8 g/t AgEq over 8.37 m. The company’s President, Mike Romanik, said:
"We
are encouraged by these initial results and eagerly await the remaining assays,
particularly for the wide interval of 40+ metres of visible sulphide
mineralization in hole NOR-22-008. Drill core from this hole, that targeted
mineralization along the contact between carbonate rocks and a felsic
intrusive, looks very promising. The drill rig was left on site, and we expect
the next phase of drilling to resume before month-end."
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