#ExploringMining #Podcast 319 - News from (OTC: $FTCO) (TSXV: $WGO.V)
(CSE: $KUYA.C) (NasdaqCM: $ELBM) (TSXV: $BRAU.V)
Vancouver, Kelowna, Delta, BC, January 5,
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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https://www.investorideas.com/Audio/Podcasts/2023/010523-Mining.mp3
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Fortitude Gold
Corporation (OTC:FTCO) has announced exploration drill results from its
East Camp Douglas property. This, according to the press release, saw the
expansion of its mineralized lithocap target with intercepts including 4.57
meters grading 5.24 grams per tonne (g/t) gold within 15.24 meters grading 1.87
g/t gold. Jason Reid, the company’s CEO and President, said:
"These
latest drill results, coupled with our first D2 Cliffs drill program, have
exceeded our expectations. Our lithocap is very large and our drill programs
were initially targeted to understand its structure. We have been fortunate we
intercepted mineralization so early in its exploration with this latest drill
program consistently intercepting mineralization in 94% of the holes. We hope
to continue to expand on these great results which could lead us to the feeder
of this system whereby both the feeder and the lateralized zones could
potentially become a large, bulk tonnage gold deposit."
White Gold Corp. (TSXV:WGO) has reported positive assay results for its 2022
diamond drilling program on the Ryan’s Surprise target. Drilling on the target
has now encountered gold mineralization over an area measuring approximately
450m E-W by 450m N-S, and to a vertical depth of 450m and remains open in all
directions. The company’s CEO, David D’Onofrio, explained:
“Mineralization
remains open in all directions, with Hole 29 this year ranking amongst the best
holes drilled to date at this target. We believe that the Ryan’s Surprise
target has the ability to meaningfully increase the size of our significant
gold resources and look forward to conducting an initial resource estimate at
this target which hosts high-grade and bulk tonnage mineralization. We also
look forward to the results from the drilling on several other prospective
targets on the Ryan’s Trend to demonstrate additional gold mineralization along
the trend and the potential for further expansion of our significant gold
resources in this area.”
Kuya Silver
Corporation (CSE:KUYA) has announced an agreement with Electra Battery
Materials Corporation (NasdaqCM:ELBM) to acquire 100 percent of the
latter's interest in the Silver Kings Joint Venture properties. David Stein,
Kuya Silver's President and CEO, said:
"We
believe the time is right to consolidate our interests in the Cobalt silver
mining camp, which we believe has potential for high-grade near-surface silver
that could become a second platform in our growth pipeline. Although Kuya
Silver remains focused on its flagship Bethania silver project in Peru, having
this kind of scale in a mining-friendly jurisdiction like Ontario will
differentiate Kuya Silver from other single-project junior companies. Given
what is known about the geology and production history, in any future
production scenario, cobalt, a strategic critical metal with significant value,
is likely to be produced as a co-product or by-product."
Big Ridge Gold
Corp. (TSXV:BRAU) has shared diamond drill results from its Destiny
Gold Project in Quebec, Canada. Highlights features in the press release
include: drill hole DES-21-173, which intersected 8.90 g/t Au over 0.4 m, drill
hole DES-21-177, which intersected 5.17 g/t Au over 5.8 m including 43.1 g/t Au
over 0.6 m, and drill hole DES-21-179, which intersected 3.78 g/t Au over 16.3
m including 8.85 g/t Au over 6.7 m and 42.6 g/t Au over 1.0 m.
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