#ExploringMining #Podcast – #Mining
#Stocks News from (NYSE American: $SILV) (TSX: $SIL.TO) (NYSE: $RIO) (NYSE: $NEM)
(NYSE: $AGI) (ASX:LLO)
Point Roberts WA, Delta
BC, February 19, 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.
Listen
to the podcast:
SilverCrest Metals Inc. (NYSE American:SILV) (TSX:SIL) has announced a new discovery and additional drill
results from the Babicanora Norte Vein of the Las Chispas Project in Sonora,
Mexico. Results include a total of 216 holes, 65% of which are in-fill holes
and 35% expansion holes. The discovery of the Babi Norte southeast faulted
extension named "Area 200 zone" intercepted 2.0 metres grading 6,418
grams per tonne silver equivalent, making the Babi Norte Vein “the
highest-grade vein currently known on the property.” SilverCrest CEO N. Eric
Fier commented:
"Since
the high-grade discovery in January 2018 of the Babicanora Vein, Area 51 zone,
the SilverCrest technical team has been systematically testing out its theory
of "the Nature of Multiples" for the potential to discover parallel
high-grade precious metal veins and zones similar to Area 51. With the high-grade
discoveries of Las Chispas Vein, Area 118, in November 2019, and now the Babi
Norte Vein, Area 200, this work has proven effective. Area 200, approximately
500 metres in strike length, is now considered the highest-grade discovery to
date at Las Chispas and, combined with the remaining 1.5 kilometres strike
length of the Vein, is the longest mineralized vein in the district, surpassing
the Babicanora Vein. Area 200 is proximal to the Santa Rosa Decline, suggesting
it could be easily accessed with minimal underground development.
Congratulations to the SilverCrest team on another high-grade discovery and its
ability to aggressively advance this for FS inclusion."
Rio Tinto Group (NYSE:RIO) has recently approved a $98 million investment in a new
solar plant at the Koodaideri mine in the Pilbara, Australia. The plant is
expected to supply power to the mine during peak solar power generation times
and approximately 65 percent of the mine’s average electricity demand. Chris
Salisbury, Rio Tinto Iron Ore’s chief executive, said:
"The
construction of our first solar plant in the Pilbara is a significant milestone
for the business and an important step in reducing our carbon footprint in the
region.
"We
are investigating additional renewable energy options in the Pilbara, as well as
other opportunities to reduce emissions across our entire global portfolio,
building on the 43 per cent reduction in absolute greenhouse gas emissions
since 2008."
Newmont Corporation (NYSE:NEM) has approved investment in an Autonomous Haulage
System (AHS) at its Boddington mine in Australia to improve safety and prolong
the mine’s life. Expected to be fully operational by 2021, this would make
Boddington the first open pit gold mine with an autonomous haul truck fleet in
the world. Newmont President and CEO Tom Palmer explained:
"Not
only does Boddington continue to deliver strong performance, our investment in
autonomous haul trucks will generate an internal rate of return greater than 35
percent with a more controlled and efficient haulage operation. We are also
uniquely positioned in the gold sector to support effective implementation and
operation of the fleet thanks to the technical capabilities and previous
experience of leaders in our business. Simply put, Boddington will be a safer,
more productive world-class gold mine in a top-tier jurisdiction."
Alamos Gold Inc. (NYSE:AGI) has reported its mineral reserves and resources
for the year-ended 2019. Among the highlights are: “Island Gold’s Mineral Reserves and Resources increased by a combined
921,000 ounces, net of mining depletion, Global Proven and Probable Mineral
Reserves of 9.73 million ounces of gold, Global Measured and Indicated Mineral
Resources of 7.04 million ounces of gold, Global Inferred Mineral Resources
increased 10% to 5.98 million ounces of gold, and Global exploration budget of
$36 million in 2020.” John A. McCluskey, President and CEO, said:
“We
had another tremendous year at Island Gold on all fronts with the asset
continuing to evolve into a world class ore body. Over the past two years we
have added more than two million ounces of Mineral Reserves and Resources,
before mining depletion, with the deposit now approaching four million ounces
in all categories. We see strong potential for this growth to continue with the
deposit open laterally and down-plunge across multiple areas of focus.”
Lion One Metals Limited (ASX:LLO) has announced high-grade gold assays part of its
100 percent-controlled Tuvatu alkaline gold project, Fiji, from recent surface
sampling. Quinton Hennigh, technical advisor to Lion One, commented:
"Building
a pipeline of new, high quality drill targets outside of the Tuvatu resource is
one of our main objectives at Lion One. Once access was granted to our new
Navilawa tenement, we began to explore. Over the past few months, we conducted
BLEG sampling which indicated the entire northern half of the caldera is
prospective. Now that we are opening up roads, we are able to see numerous
mineralized exposures. These first surface sample results are very promising,
and, coupled with recently announced results from our controlled-source
audio-magnetotelluric surveys that show robust structures underlying the
region, suggest we should have a large pipeline of drill targets in time for
the upcoming dry season."
Lion One Metals stock is up about 7.6 percent at press
time.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
About
Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com
is a recognized news source publishing third party news, research and original
financial content. Learn about investing in stocks and sector trends with our
news alerts, articles, podcasts
and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech,
water, renewable energy and more. Investor Idea’s original branded content
includes the following podcasts and columns : Crypto
Corner , Play by Play sports and stock news column, Investor
Ideas Potcasts Cannabis News and Stocks on the Move
podcast and column, Cleantech and Climate Change , Exploring Mining the AI Eye .
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles
and equity research as well as creates original content, including video,
interviews and articles. Original content created by investorideas is protected
by copyright laws other than syndication rights. Our site does not make
recommendations for purchases or sale of stocks, services or products. Nothing
on our sites should be construed as an offer or solicitation to buy or sell
products or securities. All investing involves risk and possible losses. This
site is currently compensated for news publication and distribution, social
media and marketing, content creation and more. Disclosure is posted for each
compensated news release, content published /created if required but otherwise
the news was not compensated for and was published for the sole interest of our
readers and followers. Disclosure: SilverCrest Metals is a
paid annual client on Investorideas.com
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp Learn more about publishing your news release and our other
news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Contact
Investorideas.com to be a guest or sponsor this podcast
800-665-0411
