#ExploringMining #Podcast 279 - News from (NYSE: $AG) (TSXV: $DSV.V) (TSX: $STGO.TO) (CSE: $CCR.C)
Vancouver, Kelowna, Delta, BC, June 1, 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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First Majestic Silver
Corp. (NYSE:AG) has reported positive drill results from its
ongoing exploration program at the Jerritt Canyon Gold Mine in Elko County,
Nevada, USA. According to the press release, the company has completed over
70,000 metres in exploration drill holes and plans to drill approximately
135,000 metres in 2022. Keith Neumeyer, President and CEO of First Majestic,
said:
"Today's exploration results validate our thesis that Jerritt Canyon
possesses tremendous mineral potential between the SSX and Smith mines as well
as across the entire 30,821 hectare land package. We have identified a high-grade underground mineralized pod near
current mining activities, and we plan to advance the area toward ore
production in the coming quarters. In addition, we have discovered numerous
near surface gold mineralizations that have the potential to grow into large,
new gold deposits for open pit mining.”
Discovery Silver Corp. (TSXV:DSV) has shared a project update, including news on the
Pre-Feasibility Study, for its flagship Cordero project in Mexico’s Chihuahua
State. Taj Singh, the company’s President & CEO, said:
“We are very pleased with the excellent progress we have made on our PFS
and to be working with the same industry-leading project team that completed
our Preliminary Economic Assessment (PEA). Initial results from the PFS
metallurgical testwork program highlight
the exceptional metallurgical performance at Cordero with recoveries typically
ranging from 90-95% for Ag, Pb and Zn from the tests completed so far. These
recoveries have been achieved at a very coarse grind size and with lower
reagent consumption than what was assumed in the 2021 PEA. All other aspects of
the PFS are tracking well and we remain on schedule to deliver the Study in the
fourth quarter of this year.”
Steppe Gold Ltd. (TSX:STGO) has shared an operations update for May 2022.
Highlights include two gold pours in the month for a total of approximately
3,800 oz Au, as well as the setting up of “an exploration camp at the Uudam
Khundii (UK) project located in the highly prospective Bayankhongor gold belt
in Western Mongolia with first drilling programmes underway.” The company’s
President and CEO Bataa Tumur-Ochir, commented:
"We
are very pleased to report another strong month of production in May at the ATO
Gold Mine. All activities at the site are operating well. Our design work for
the Phase 2 Expansion is ongoing and the process of selection of contractors is
underway. We are also very excited to commence exploration drilling at the
highly prospective UK project."
Green River Gold Corp. (CSE:CCR) has posted an update on the progress of the 2022
exploration drilling program at its Quesnel Nickel/Talc/Magnesium project, in
the Cariboo Mining District of British Columbia, Canada. Perry Little,
President and CEO of Green River Gold Corp., said:
"We
are in the process of expanding the known area of mineralized talc on the
property. Finding nickel, chromium and titanium 600 meters from the area that
we are currently drilling increases our confidence that the mineralized talc we
are currently drilling is not just a localized phenomenon.”
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