#ExploringMining #Podcast
310 - News from (NYSE: $RIO) (NYSEAmerican: $FURY) (TSXV: $KTO.V) (TSXV: $YORK.V)
Vancouver, Kelowna, Delta, BC, November
23, 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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Rio Tinto Group (NYSE:RIO) has announced that it has demonstrated the
effectiveness of its low-carbon iron-making process – called BioIron – using
ores from its mines in Australia in a small-scale pilot plant in Germany. The company
is now planning “the development of a larger-scale pilot plant to further
assess its potential to help decarbonise the steel value chain.” Rio Tinto’s
Chief Commercial Officer, Alf Barrios, explained:
"Finding
low-carbon solutions for iron and steelmaking is critical for the world as we
tackle the challenges of climate change. Proving BioIron works at this scale is
an exciting development given the implications it could have for global
decarbonisation. The results from this initial testing phase show great promise
and demonstrate that the BioIron process is well suited to Pilbara iron ore
fines. BioIron is just one of the pathways we are developing in our
decarbonisation work with our customers, universities and industry to reduce
carbon emissions right across the steel value chain."
Fury Gold Mines Limited (NYSEAmerican:FURY) has reported the results for three core drill
holes targeting the “Gap Zone” at the Eau Claire project in the Eeyou Istchee
Territory in Quebec, Canada. Drill hole 22EC-058, for instance, “intercepted
three zones of gold mineralization across 42.5 metres (m) drilled width
including 1.0m of 45.00 g/t Au and 1.0m of 5.55 g/t Au.” Tim Clark, CEO of
Fury, said:
"The
Gap Zone is a highly prospective target for Fury and these results are very
encouraging as they have expanded the mineralized footprint at Eau Claire and
demonstrate that the deposit is open for significant expansion in a third
target area. We are looking forward to the remaining 11 drill holes completed,
from the Hinge Target, Eastern Extension, and Percival targets which are
pending assay, with results expected in the coming weeks as well as the
expansive Geochem survey we completed at our Lac Clarkie project."
K2 Gold Corporation (TSXV:KTO) has announced the results of its 2022 rock chip
sampling program at its Si2 Gold Project, 60 km northwest of Tonopah Nevada.
The company’s President and CEO, Anthony Margarit, said:
“The
rock sampling results have clearly demonstrated that the Si2 hydrothermal
system is extensive, exhibiting strong advanced argillic alteration and mercury
anomalism at all key target areas. With the completion of the IP Survey our
2022 exploration program at Si2 is now complete. We look forward to
incorporating this final information into our dataset and finalizing targeting
for a Q1 2023 drill program."
York Harbour Metals Inc. (TSXV:YORK) has just completed its Phase 4 drilling with diamond
drill hole 110 (YH22-110), thereby having drilled a total of 19,260 metres
since the company first began in July 2021. Bruce Durham, York Harbour’s
President and CEO, said:
"Phase
4 was the largest drilling campaign for the Company to date. With all the drill
data and ongoing geological modelling, we now have a much better understanding
of the geology and structure of the mineralized zones. As new geophysical data
becomes available from the recently completed induced polarization survey, we
can target areas outside the main York Harbour mine area. We expect to
recommence drilling with a Phase 5 drill program once we have compiled the
Phase 4 results and interpretation of the IP survey data."
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