#ExploringMining #Podcast
315 - News from (NYSE: $EGO) (NYSEAmerican: $VZLA) (NYSEAmerican: $AUMN) (TSXV:
$BLUE.V)
Vancouver, Kelowna, Delta, BC, December
15, 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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Hellas Gold Single Member
S.A., wholly-owned subsidiary of Eldorado Gold Corporation (NYSE:EGO), has entered into a €680 million ($721 million USD)
project financing facility for the development of the Skouries Project in
Northern Greece with the National Bank of Greece S.A. and Piraeus Bank S.A. as
lead arrangers. Steve Reid, Chair of the Board at Eldorado, said:
“Skouries
represents the next phase of growth at Eldorado, generating significant value
for all of our stakeholders with robust project economics and providing many
benefits to the local communities and economy in Greece. Having had the
opportunity to tour Skouries recently, Eldorado’s board and the leadership team
are excited to be resuming construction and bringing this world-class asset
into production.”
Vizsla Silver Corp. (NYSEAmerican:VZLA) has announced results from 19 new drill holes
targeting the Tajitos - Copala resource area at its 100 percent-owned, flagship
Panuco silver-gold project in Mexico. According to the press release, the
intercepts reported are centered on the Copala and Cristiano structures in the
western portion of the district. Michael Konnert, the company’s President and
CEO, said:
"Infill
drilling within the Tajitos-Copala resource area continues to highlight
exceptional mineral continuity marked by multiple intervals grading well over
1,000 grams per tonne, while expansionary drilling to the north and southeast
demonstrate a growing high-grade footprint. Additionally, at Cristiano,
drilling has now traced mineralization over 600 metres long by 300 metres
deep.”
Golden Minerals Company (NYSEAmerican:AUMN) has reported assay results from 31 holes of a
diamond drilling program recently completed at its Sarita Este property in
Salta Province, Argentina. Warren Rehn, the company’s President and CEO,
explained:
"The
results for the latest drill campaign at Sico have continued to show
encouraging results and evidence for the potential of an economic, near-surface
oxide gold deposit. Initial metallurgical testing shows excellent results for
cyanide extractability. The next phase of drilling will concentrate on
expanding the known mineralization and continuing to test targets to the north,
while the JV agreement for the Desierto I & II concessions is finalized.”
Blue Thunder Mining Inc. (TSXV:BLUE) has completed its recent diamond-drilling program
on its flagship Muus property, part of its 51,000 hectare Muus Gold Project in
the heart of the Chibougamau Gold District in central Québec. According to the
press release, five holes totalling 1,251 metres were drilled from November 5th
to December 3rd, 2022, yielding 447 samples judged “to be mineralized and/or
hydrothermally altered.” The company’s CEO, Dorian L. Nicol, said:
"We
are very encouraged by the visual observations of drill core obtained by this
drilling and look forward to receiving assays scheduled for January. The
observed alteration and mineralization confirm the validity of the target
concepts and add further credibility to our belief in the prospectivity of the
Muus property. In addition to the drilling, surface geological mapping
disclosed indications of potential copper-rich volcanogenic massive sulphide
targets on the property, which will be followed up in 2023."
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