#ExploringMining #Podcast
- News from #Mining #Stocks (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSEAmerican: $IAUX)
(TSXV: $ESPN.V) (CSE: $ALMA.C)
Vancouver, Kelowna, Delta, BC, June 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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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has completed the Phase II hydrometallurgical
pilot plant test work for its wholly-owned Wicheeda Rare Earth Element (REE)
Project and has announced the commencement of Pre-Feasibility Study (PFS) work.
The company’s metallurgical consultant, John Goode, commented:
"With
the completion of the recent beneficiation testwork and hydrometallurgical
testwork and pilot plant operations, we are now ready to provide our
engineering consultants, with the metallurgical test data necessary for them to
commence the design work that forms a critical part of the Wicheeda project
Pre-feasibility Study."
i-80 Gold Corp. (NYSEAmerican:IAUX) has reported positive results from underground
drilling at its 100 percent-owned McCoy-Cove Property in Lander County, Nevada.
The ongoing ~40,000 metre drill program, according to the press release, “is
focused on upgrading resources in the Helen and CSD/Gap Zones in advance of
completing an updated resource estimate and a full feasibility study.” The
company’s Chief Geologist, Tyler Hill, said:
"The
underground drilling program at Cove is focused on defining mineralization for
ultimate mine planning. The first nine holes drilled have demonstrated
continuity of gold mineralization in the upper portion of the CSD Gap horizon,
confirming Cove as one of the highest-grade development-stage gold deposits in
North America."
Hispania Resources Inc. (TSXV:ESPN) has announced the acquisition of the Lumbrales
Deposit Permit, covering 2,900 hectares and containing the formerly producing
Mari Tere mine and two other artisanal tin prospects in the Stanniferous
Iberian Belt of Spain. Norman Brewster, the company’s CEO, explained:
“Given
the current market forecasts of Tin, this property holds considerable financial
potential. We plan to explore the expansion of the resource and consider the
reprocessing of existing tailings as we begin work on the site. Equally
important is the existing infrastructure, including decline ramps, surface
shafts and underground developments. The construction of these features would
typically take a mining company several years of permitting and work,
positioning us favorably to advance this crucial project. We eagerly anticipate
our continued growth in Spain."
Alma Gold Inc. (CSE:ALMA) has acquired three exploration licenses or
"Autorisation de Reconnaissance" near the town of Dialakoro in the
Mandiana Prefecture in northeast Guinea with a fourth exploration license
located 30 km to the south still pending. All four licenses are located “within
the Upper Birimian to Lower Tarkwa Group of sedimentary rocks of the
world-class orogenic gold producing district known as the Siguiri Basin in
northeast Guinea.”
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