Thursday, June 09, 2022

#ExploringMining #Podcast 282 - News from (NYSE: $FSM) (TSXV: $SPOT.V) (TSXV: $SAG.V) (TSXV: $CVV.V) (TSXV: $GPG.V)



 

#ExploringMining #Podcast 282 - News from (NYSE: $FSM) (TSXV: $SPOT.V) (TSXV: $SAG.V) (TSXV: $CVV.V) (TSXV: $GPG.V)

 

Vancouver, Kelowna, Delta, BC, June 9, 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.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/060922-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2022/exploring-mining/06091FSM-SPOT-SAG-CVV-GPG.asp

 

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Fortuna Silver Mines Inc. (NYSE:FSM) has provided an update of its Sunbird exploration program at the Séguéla gold Project Côte d’Ivoire. The company’s Senior Vice President of Exploration, Paul Weedon, summarized:

 

"Following the release of Sunbird´s maiden Inferred Mineral Resource containing 350,000 gold ounces in March 2022, expansion drilling has continued to grow the high grade mineralized footprint at depth and beyond the initial maiden resource envelope. Results such as 28.2 g/t gold over 3.5 meters from drill hole SGRD1408 and 12.6 g/t gold over 7.7 meters from drill hole SGRD1422 highlight the open nature of the deposit´s mineralization.”

 

GoldSpot Discoveries Corp. (TSXV:SPOT) has provided an an update on work completed for

Sterling Metals Corp. (TSXV:SAG) on its 100 percent-owned Sail Pond Silver-Copper-Lead-Zinc Project in Newfoundland, Canada. GoldSpot uses artificial intelligence and a full suite of data and knowledge-driven SaaS tools and services to “save time, reduce costs and produce far more accurate results.” Sterling’s CEO, Mathew Wilson, said:

 

"In the first ever drill campaign undertaken at the Sail Pond project we were able to define an initial zone of mineralization and a theory of structural control - which we believe has the potential to replicate several times over along the greater than 12 kilometre trend defined by outcrop, trenching and soils. Our recently oversubscribed financings demonstrate the confidence the market has in our exploration strategy. We are excited to start this drill season and are optimistic that we will continue to uncover Canada's next potential high grade silver district."

 

CanAlaska Uranium Ltd. (TSXV:CVV) has announced the mobilization of drill crews and equipment as part of the approved $5 million 2022 program on the West McArthur uranium project in the eastern Athabasca Basin. According to the press release, CanAlaska holds a 76.51 percent ownership in the project. Cory Belyk, the company’s CEO, said:

 

"In addition to the continued discovery of high-grade uranium mineralization at the unconformity at 42 Zone and the recognition of several new priority target areas immediately to the southwest of 42 Zone in 2021, the 2022 winter work has now defined several additional and exciting new target areas along trend that were previously unknown.”

 

Grand Portage Resources Ltd. (TSXV:GPG) has commenced mobilization of crews and equipment for its upcoming drill season at the Herbert Gold project in SE Alaska. According to the press release, this drill program “intends to test the main mineralized structures at depths beyond 500m, while at the same time, penetrating additional structures at shallower levels and along strike.”

 

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