#ExploringMining #Podcast – #Mining
#Stocks News from (NYSE American: $SILV) (TSX: $SIL.TO) (NasdaqGS: $SSRM)
(TSXV: $OCG.V) (TSXV: $FMC.V) (TSXV: $SOCK.V)
Point Roberts WA, Delta
BC, April 21, 2019 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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SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has announced that SSR Mining Inc. (NasdaqGS:SSRM) has elected to exercise its
equity participation right pursuant to an agreement between the two companies
dated November 28, 2018. Specifically, SSR Mining has agreed to purchase
3,597,291 shares of SilverCrest for aggregate proceeds of CAD$26,979,682.50 at
the same price of CAD$7.50 as the non-brokered private placement offering
announced by SilverCrest on April 13, 2020 and closed, as announced, on April
17, 2020. According to the press release, net proceeds from this “will be used
for continued exploration and development of the Company's Las Chispas Project
and for general working capital and administrative purposes.”
Outcrop Gold Corp. (TSXV:OCG) has resumed exploration work at the Santa Ana
high grade silver project in Colombia with the Phase 2 drill program set to
commence on April 28. Outcrop CEO Joseph Herbert said:
"Outcrop
is pleased to resume exploration activities on Santa Ana with the endorsement
of the Mayor and officials of Falan, while strictly following all protocols
designed to maximize health protection of workers and other locals. Adherence
to protocols will be monitored by our health and safety professional hired for
the project."
Forum Energy Metals Corp. (TSXV:FMC) has completed six holes totalling 1,819 metres on
its Fir Island uranium project located on the north rim of the Athabasca Basin
in Saskatchewan. Previous drilling in 2015 yielded results which indicated
potential discovery of nearby uranium mineralization. According to the press
release, the six holes drilled in March 2020 were “successful in locating the
prospective host structure for uranium mineralization with similar features as
the 2015 drilling.” Further information, including assays and drill data
interpretation, are expected in May.
Smooth Rock Ventures Corp. (TSXV:SOCK) has entered into an Exploration Lease with Option
to Purchase Agreement on the Giroux Project, in Mineral County, Nevada. Hosting
the past-producing Giroux Mine, the Project “consists of 12 patented claims and
36 unpatented mining claims with a combined area of 390 hectares (965 acres).”
According to the press release, the company “has begun Phase I of the Giroux
exploration program which will consist of reconnaissance prospecting,
geological mapping, surface trenching, sampling, and relocating historical
workings,” which will “provide accurate modern data to assist in the planning
of the phase II drill program.”
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