#ExploringMining #Podcast 306 - News from (NYSE: $GOLD) (NYSEAmerican:
$FURY) (OTC: $DNCVF) (TSXV: $IGO.V)
Vancouver, Kelowna, Delta, BC, October
25, 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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https://www.investorideas.com/Audio/Podcasts/2022/102522-Mining.mp3
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Barrick Gold
Corporation (NYSE:GOLD) has announced that it is looking to expand its
East African footprint from its North Mara and Bulyanhulu gold mines in
Tanzania. This follows the ramping up of production at both aforementioned
mines, which resulted in the mining of a record 505,000 tonnes of ore and waste
in the last quarter. The company’s President and CEO, Mark Bristow, said:
“In
addition to the brownfields exploration designed to maintain the positive trend
on resource expansion and conversion at the two mines, we are also looking
further afield. A better understanding of the region’s geological architecture
will improve our ability to discover new world-class development opportunities
in our areas of interest.”
Fury Gold Mines
Limited (NYSEAmerican:FURY) has reported the results for six core drill holes at
the Eau Claire project in the Eeyou Istchee Territory in the James Bay region
of Quebec, Canada. Tim Clark, the company’s CEO, explained:
"The
Hinge Target continues to expand gold mineralization at the Eau Claire deposit
which remains open for considerable expansion. We are looking forward to the
remaining 14 holes from the Percival Target, the North Limb, the eastern
extension, the Gap Zone, and the Hinge Target, which are pending assay and
expected prior to year-end. Although assay times have been slow across the
industry, the Company is in a strong financial position with over C$12.5m in
our treasury, 50% of drill results pending from this summer's drill program,
and extensive surface exploration results from across the Eau Claire land
position."
Defiance Silver
Corp. (OTC:DNCVF) has posted an update on the Zacatecas district
drill program in Mexico. Highlights include high grade Ag-Zn-Pb-Au
mineralization in the heart of the Veta Grande vein system at the Zacatecas
silver project, which further extended the limits of mineralization below the
2014 resource area. Chris Wright, the company’s Chairman & CEO, said:
"We
continue to be encouraged by the expanding envelope of mineralization well
outside the limits of the current resource area. The mineralized body
encountered by high-grade drill holes DDSA-21-36 & 37 and then further at
depth with hole DDSA-22-52 clearly demonstrates the strength of the mineral
system and the exploration potential at depth outside of the current resource
area. We will continue to test these structures in order to understand the
limits of the mineral system for future resource planning."
Independence Gold
Corp. (TSXV:IGO) has started the fall exploration program at its
100 percent-owned 3Ts Project, in British Columbia, Canada. Exploration aims to
focus on surface mapping and sampling between the Ted-Mint and Tommy Vein
Systems to clarify the structural and mineral potential of the target area,
“and to provide essential data to aid with future drill programs.” According to
the press release, the 3Ts Project comprises fifteen mineral claims covering
approximately 5,200 hectares, and covers an epithermal quartz-carbonate vein
system within which more than a dozen individual mineralized veins have been
identified.
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