#ExploringMining #Podcast
283 - News from (NYSE: $SA) (NYSEAmerican: $ORLA) (NYSEAmerican: $GSV)
(NYSEAmerican: $ASM) (TSXV: $WGO.V)
Vancouver, Kelowna, Delta, BC, June 14,
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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Seabridge Gold Inc. (NYSE:SA) has announced that it will soon begin core
drilling at its 100 percent-owned Iskut project in British Columbia, Canada.
This will include the drill testing of gold-copper targets at Bronson Slope and
Quartz Rise, as well as geophysical surveys to evaluate the North Snip target.
Seabridge Chairman and CEO Rudi Fronk said:
"We
have identified a regional trend that seems to be a primary control on the
distribution of mineralized intrusive centers and this discovery has created
considerable excitement in our team. We have lots of experience with a cluster
of gold-copper porphyries in the Golden Triangle of similar age and geology at
KSM and we are anxious to bring another such district to light."
Orla Mining Ltd. (NYSEAmerican:ORLA) has entered into a definitive agreement to acquire
all of the issued and outstanding shares of Gold Standard Ventures Corp (NYSEAmerican:GSV). This will expand Orla’s
presence in Nevada, through its acquisition of GSV’s South Railroad Project on
the prolific Carlin trend. Orla’s CEO, Jason Simpson, said:
"This
acquisition advances our strategy of creating stakeholder value through
responsibly building and operating a portfolio of high-margin, cash-generating
assets with superior geological prospectivity. The South Railroad Project is
analogous to our recently completed Camino Rojo mine – a low capital intensity,
open pit, heap leach project in a desirable location with exploration upside.
We have the team, partners, and financial resources to develop this quality
asset and we are ready to go."
Avino Silver & Gold
Mines Ltd. (NYSEAmerican:ASM) has shared further drill results from Phase 2 of
its 2021/2022 exploration program, comprising assays from six completed holes.
According to the press release, the results have “confirmed the downdip
continuity of widths and grades of the Avino vein extending significant
potential to a depth of at least 290 metre down dip below current development.”
David Wolfin, the company’s President and CEO, said:
"This
[Avino Elena Tolosa] ET area drilling below Level 17 is very encouraging and
confirms our expectation that not only does the mineralization continue at
depth, but it also contains significantly higher copper mineralization as is
often the case with porphyry deposits."
White Gold Corp. (TSXV:WGO) has commenced its 2022 diamond drill program at the Ryan’s Surprise and Ulli’s Ridge targets on its White Gold
property. David D’Onofrio,
the company’s
CEO, explained:
“The
initial phase will test the extensions of the high-grade mineralized zone
encountered last year and additionally test the gap area between Ryan’s
Surprise and Ulli’s Ridge Zones, with the goal of further expanding the large
footprint of mineralization encountered to date. The diamond drill will then be
moving to the Betty property to follow up on the 2021 high grade discovery
(3.46 g/t Au over 50.0m in hole BETFD21D003) and to conduct maiden diamond
drilling at other targets in close proximity. Additional detail on other
components of the 2022 exploration program will be released in the coming
weeks.”
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