#ExploringMining #Podcast
- News from #Mining #Stocks (NYSE: $FSM) (TSXV: $WGO.V) (TSXV: $MINK.V) (CSE: $QIMC.C)
September 7, 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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Fortuna Silver Mines Inc.
(NYSE:FSM) has announced that it successfully completed a
processing plant performance test at its Séguéla Mine in Côte d´Ivoire in
August. During the performance test, the processing plant demonstrated a
crushing circuit throughput exceeding 190 tonnes per hour, a milling circuit
throughput exceeding 156 dry tonnes per hour, and gold recoveries between 85 to
95 percent. Jorge A. Ganoza, the company’s President and CEO, said:
“The
completion of the performance test closes the successful construction and
commissioning phase of the Séguéla Mine. Completing this project on time and on
budget during globally challenging times has been a great achievement, and we
now look forward to realizing the full value of the project.”
White Gold Corp. (TSXV:WGO) has reported partial results from 2023 exploration
diamond drilling at the Betty Ford target on the Betty property. This includes
3.38 g/t Au over 53.0 m from 7.30 m depth in hole BETFD23D013, which included
higher grade subintervals of 7.19 g/t Au over 6.30 m and 8.00 g/t Au over 4.35
m. The company has also reported 1.4 g/t Au over 58.4 m in hole JPRVER23D0052
from a 40.95 m depth, and JPRVER23D0051 which intersected three zones of
high-grade gold mineralization at the company’s Vertigo target.
Mink Ventures Corporation
(TSXV:MINK) has acquired a 100 percent interest in eight
mining claims adjacent to the north boundary of the 14 Warren patents, as well
as a 0.5 percent net smelter returns royalty (NSR) on the Warren patents from
Douglas Lalonde, effective September 6, 2023. Natasha Dixon, the company’s
President and CEO, said:
"We
proposed a mutually beneficial opportunity to the royalty and property vendor
for these assets, which we feel will be accretive to all our shareholders,
including Mr. Lalonde, over time as we advance the project. Securing the very
prospective Warren North claims, which host the strike extension of the C Zone,
and the Warren East claims, which host VTEM anomalies, was extremely
cost-effective and prudent given the significant Cu Ni mineralization at
Warren."
Quebec Innovative
Materials Corp. (CSE:QIMC) has announced the acquisition of the River Valley
Silica Property in the Sudbury mining division, near River Valley, Ontario,
Canada. According to the press release, the property spans an area of
approximately 47 hectares, and is host to a highly pure quartz vein that is
over 300m long and over 40m wide. Raymond Wladichuk, the company’s CEO, said:
"We
believe that the River Valley Silica Property represents a significant volume
of high purity quartz, it is in an excellent jurisdiction, and the geometry of
the quartz vein is such that extraction should be relatively simple.”
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