#ExploringMining #Podcast
- News from #Mining #Stocks (TSXV: $NFG.V) (TSXV: $SCZ.V) (CSE: $ACDX.C) (CSE:
$PGA.C)
Vancouver, Kelowna, Delta, BC, August 21,
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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podcast:
https://www.investorideas.com/Audio/Podcasts/2023/082123-Mining.mp3
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New Found Gold Corp. (TSXV:NFG) has announced the successful completion of its 3-D
seismic survey on its Queensway Project near Gander, in the Canadian province
of Newfoundland and Labrador. The company’s COO, Greg Matheson, explained:
"Through
the knowledge gained by 435,000m of drilling, we know that Queensway presents a
highly faulted and complex plumbing system that has proven drillhole after
drillhole to be host to high-grade gold. This environment is an ideal candidate
for 3-D seismic and is expected to aid in identifying the plumbing features of
this orogenic system. We anticipate that this product will greatly benefit our
interpretation of the geological environment beyond the known mineralized zones
and represents a long-term investment into the Queensway Project."
Santacruz Silver Mining
Ltd. (TSXV:SCZ) has reported its financial and operating results
for the second quarter of 2023. Highlights include the processing of 443,969
tonnes of material, the production of 5,569,535 silver equivalent ounces, and
revenues of $63,854,000 in the quarter. The company’s Executive Chairman and
Interim CEO, Arturo Préstamo, said:
"The
Company had another solid performance during the second quarter with
production, costs, and sales relatively in line with the previous quarter. We
believe there is potential to upgrade our operations and are currently focusing
on areas where we see opportunities for further improvement. By doing this, we
aim to make processes more efficient, reduce costs, and get the most out of
each of our valuable assets."
American Copper
Development Corporation (CSE:ACDX) has completed the maiden drilling campaign at its
100 percent-owned Lordsburg Project in New Mexico. This included six drill
holes in total, comprising 4,662 m. The company has also completed a claim
staking program and has expanded its land-position to the east of the existing
Lordsburg claims. Rick Van Nieuwenhuyse, the company’s Chairman, said:
"We
are pleased with the completion of our first drilling campaign at Lordsburg,
which came in on time and under budget. The success of our drilling has given
us a good reason to stake the land immediately to the east of us to expand the
footprint of this largely unexplored high grade Copper Porphyry District. We
look forward to releasing all the drill results once the assays and QAQC are
completed. We expect to report on assay results within a month - stay
tuned!"
Pegmatite One Lithium and
Gold Corp. (CSE:PGA) has discovered high-grade lithium mineralization
at the Frazer Lake Mound Property in Northwestern Ontario, Canada. According to
the press release, this is the first-ever lithium mineralization identified in
Northwestern Ontario's Frazer Lake Mound Property. The company’s CEO Kelly
Abbott said:
"This
new data adds to the growing evidence of the exceptional lithium potential of
the Frazer Lake Mound Property. We're excited about the implications this has
for our future exploration and development strategies moving forward."
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