#ExploringMining #Podcast
262 - News from (NYSE: $KGC) (TSXV: $WHY.V) (TSXV: $BRAU.V) (TSXV: $BRO.V)
Vancouver, Kelowna, Delta, BC, April 5,
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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Kinross Gold Corporation (NYSE:KGC) has entered into a definitive agreement with the
Highland Gold Mining group of companies and its affiliates to sell 100 percent
of its Russian assets for a total consideration of $680 million in cash.
Highland Gold, according to the press release, is one of Russia’s largest gold
mining companies. This follows an announcement from early March this year, in
which Kinross expressed that it “is deeply concerned about the loss of life and
destruction in Ukraine.”
West High Yield Resources
Ltd. (TSXV:WHY) has commenced its 2022 gold drill program at the
company’s Midnight Gold claim in the Rossland Gold Camp area, in British
Columbia, Canada. According to the press release, “the Rossland Gold Camp has
historically produced over 2.76 million ounces of recovered gold and 3.52
million ounces of recovered silver.” West High Yield’s President and CEO, Frank
Marasco Jr., said:
"The
Company is excited to commence the 2022 drill program at the Midnight Gold
project. Building on the previously released 2009 drill results, West High
Yield is ready to drill and test targets with considerable promise that
management believes will help allow the Company to expand the mineralized
footprint with higher-grade cores, allowing the Company to target completion of
a NI 43-101 compliant mineral resource estimate."
Big Ridge Gold Corp. (TSXV:BRAU) has shared initial diamond drill results from its
25,000 metre, Phase I drill program at the Hope Brook Gold Project, in
southwestern Newfoundland and Labrador, Canada. Highlights include drill hole
HB-21-152, which intersected 5.84 g/t Au over 14.8 m, drill hole HB-21-142,
which intersected 5.58 g/t Au over 6.1 m, and drill hole HB-21-138, which
intersected 1.98 g/t Au over 23.1 m. The company’s President and CEO, Mike
Bandrowskit, said:
"Today's
drill results southwest and along strike of the Hope Brook open pit confirm
near-surface mineralization remains open for potential resource growth, and the
copper mineralization, that is being reported for the first time, illustrates
the possibility of a by-product credit. The Phase I drill program is very
exciting as 100% of our holes have intersected gold mineralization and two of
those have intersected visible gold."
Barksdale Resources Corp.
(TSXV:BRO) has announced the approval of its proposed drill
program at the 100 percent-owned San Antonio copper project in Santa Cruz
County, Arizona by the United States Forest Service. Rick Trotman, President
and CEO of Barksdale said:
"I'm
very happy to announce this major milestone at San Antonio, a core portfolio
holding located a few kilometers southeast of the Company's Sunnyside property.
We acquired San Antonio from Teck in 2019 as we saw clear indications of a
potentially large porphyry copper system and after several years of diligent
effort, we are now excited to drill test the target."
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