#ExploringMining #Podcast
317 - News from (NYSEAmerican: $MTA) (NYSE: $AGI) (NYSEAmerican: $FURY) (TSXV:
$GZD.V) (CSE: $VALU.C)
Vancouver, Kelowna, Delta, BC, December
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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podcast:
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Metalla Royalty &
Streaming Ltd. (NYSEAmerican:MTA) has announced a royalty purchase agreement with
Alamos Gold Inc. (NYSE:AGI) wherein Metalla will acquire from
Alamos one silver stream and three royalties in exchange for $5 million of its
common shares. Brett Heath, President and CEO of Metalla, said:
"We
are pleased to partner with Alamos for the second time at Metalla. This
transaction adds meaningful silver leverage to our portfolio while
complementing our Canadian exploration portfolio in known mining camps and on
proven geological trends. We want to thank Alamos for entrusting the Metalla
team once again with the monetization of their royalty and streaming
portfolio."
Fury Gold Mines Limited (NYSEAmerican:FURY) has shared results for eight core drill holes at
the Percival Main and Percival East prospects, located near the Eau Claire
deposit in the Eeyou Istchee James Bay Territory of Quebec, Canada. Tim Clark,
the company’s CEO, explained:
"The
Percival Prospect has been an important target for Fury as we believe it is
considerably underexplored and has a lot of room to expand. The recent drill
results further support our goal of identifying opportunities to advance our
overall ounces at Eau Claire. The Hinge Target, Gap Zone, and now Percival
Prospect targets have all demonstrated the potential for considerable expansion
and we are still looking forward to the remaining three holes from the Hinge
Target and eastern extension as well as the results from the Geochem survey
completed at our Lac Clarkie project which are expected in the coming
weeks."
Grizzly Discoveries Inc. (TSXV:GZD) has received assay results for the first 4 core
holes (1,014 m) completed at the Dayton Target area as part of the Phase 1
drill program at the Greenwood Project. According to the press release, a total
of 3,123 m in 15 core holes has been completed at the Greenwood Project with
results for 11 holes still pending. The company’s President and CEO, Brian
Testo, said:
"The
early stage drill program at Dayton successfully intersected large intervals of
copper, gold, and silver bearing altered and mineralized volcanic and diorite
intrusive rocks; an encouraging positive step forward for a project that has
seen little systematic exploration in the past. We are eager to resume drilling
to expand this exciting discovery."
Valorem Resources Inc. (CSE:VALU) has entered into and closed a share exchange
agreement, completing the acquisition of Regency Mining Limited. Through this
agreement, Valorem also acquires the Misisi Gold project in the DRC, which
“covers 133 square kilometer on three contiguous mining licenses, valid until
2045 (with extension options) and includes the Akyanga gold deposit which hosts
an Inferred Resource of 3.1 million ounces of gold averaging 2.16 grams per
tonne gold.”
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