#ExploringMining #Podcast
- News from #Mining #Stocks (NYSEAmerican: $ASM) (TSXV: $NGC.V) (TSXV: $DYG.V)
(TSXV: $GZD.V)
Vancouver, Kelowna, Delta, BC, May 24,
2023 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:
https://www.investorideas.com/Audio/Podcasts/2023/052423-Mining.mp3
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Avino Silver & Gold Mines Ltd. (NYSEAmerican:ASM) has reported the results of ten drill holes from
below Level 17, described as “the current deepest workings of the mine.”
According to the press release, this current drill campaign has extended the
company’s “knowledge of the continuity of the Avino Vein to a distance of 500
meters downdip of the lowest mining level.” David Wolfin, Avino’s President and
CEO, said:
"We
drilled 500 metres below our current mine workings to confirm the continuity of
mineralization. As we have come to expect with the Avino Vein, the drill
intercept widths suggest that this area will be able to be mined by our
existing low-cost bulk methods. In addition, we were delighted to discover a
new veinlet within the footwall intrusive rock that was very high grade. We
include both step out and infill drilling in this campaign and these new
step-out holes are obviously not included in the most recent mineral resource
estimate released earlier this year."
Northern Graphite
Corporation (TSXV:NGC) has announced the start of a new drill program at
its Lac des Iles property in Quebec, Canada, with the aim of extending the life
of what is described in the press release as “the only significant producing
natural graphite mine in North America.” Kirsty Liddicoat, the company’s COO,
explained:
"The
new drill program began on May 8th, comprises 8,000 meters of
drilling and seeks to delineate additional mineralization as Northern pursues
its previously stated plan to increase mine life and production capacity at
LDI, including through the potential development of the Company's Mousseau West
deposit located approximately 80 kilometres away.”
Dynasty Gold Corp. (TSXV:DYG) has started preparation for this year's drill
program on its Thundercloud property in northwestern Ontario, Canada.
Thundercloud is described as “an orogenic gold system in a greenstone belt of
Archean age.” Ivy Chong, the company’s President and CEO, said:
"We
are encouraged by our 2022 remarkable drill results. These are the deepest holes
that were drilled into the orogenic gold system at Thundercloud. Recently, we
completed a significant private placement with a lead order from Rob McEwen.
Now we are well funded to further test the gold system to follow up on last
year's drilling, to expand on the system at depth and test for the potential of
stacked zones of high-grade gold. Final preparation is underway for our 2023
drill program that will start soon."
Grizzly Discoveries Inc. (TSXV:GZD) has acquired, by staking, additional lands of
6,600 acres in eleven mineral claims in the Beaverdell area bringing its 100
percent-owned total land package to 8,520 acres in the Beaverdell area in the
Greenwood Mining District of British Columbia, Canada. Brian Testo, the
company’s President and CEO, said:
"The
addition of an expanded package of Beaverdell claims is a very good acquisition
for Grizzly Discoveries. It enhances our 100% owned battery metals properties
in the Greenwood Mining District. We look forward to the upcoming field season
with a prospecting team dedicated to discovering new showings and the drilling
of these new showings."
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