Exploring Mining Podcast Episode 79 –
News from (NYSE: $IAG) (TSXV: $WGO.V) (TSXV: $HIGH.V) (TSXV: $BNCH.V)
Point Roberts WA, Delta
BC, June 30, 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.
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IAMGOLD Corporation (NYSE:IAG) has received approval for its application for the
Côté Gold Project in Ontario, Canada. Gordon Stothart, IAMGOLD President and
CEO, explained:
"The
transformative impact of Côté Gold on IAMGOLD's production profile and global
cost structure, in addition to its long mine life in an attractive
jurisdiction, establishes clear and compelling reasons for this Project to
proceed. Our current financial position supports our proposed growth plans,
with over $800 million in cash on hand, access to a currently undrawn $500
million committed revolving credit facility, and expected stronger operating
cash flows from our current mining operations, including anticipated
contributions from Saramacca at Rosebel and steady performance from Essakane
and Westwood."
White Gold Corp. (TSXV:WGO) has started drilling on its Titan Project and has
begun ground surveys on other high priority targets, initiating its fully
funded 2020 exploration program on its extensive 420,000 hectare land package
in the White Gold District, Yukon, Canada. White Gold CEO David D’Onofrio said:
“We
are very excited to kick off our 2020 exploration program. The fully funded
program is designed to be focused and impactful starting with drilling the
Titan anomaly identified late last year and to follow up on some of our other
highest priority projects. The quick and
accurate delineation of these targets through our disciplined and systematic
exploration methodologies is a testament to our scientific and data driven
approach and provides additional confidence in the prospectivity of these and
our other targets.”
HighGold Mining Inc. (TSXV:HIGH) has commenced resource expansion and definition
drilling at its Lawyers gold-silver project in British Columbia, Canada. The
company’s CEO, John Williamson, commented:
"The
Company has embarked on the largest drill program in the Toodogonne region. The
drill rigs have started at Cliff's with additional drilling to soon commence at
the ABG Zone. In 2019 drilling encountered multiple new zones and large
extensions across multiple areas at the heart of the property. Every zone still
remains open in all directions and as such, we anticipate more new
mineralization to be discovered with the drill".
Benchmark Metals Inc. (TSXV:BNCH) has started its 2020 drill program and exploration
activities at its flagship Johnson Tract Gold Project in Alaska. The first
phase of the program is aiming for 7,000 to 10,000 metres of diamond drilling
on five target areas surrounding the Johnson Tract deposit. Benchmark President
and CEO Darwin Green said:
"We
are excited to launch on the first serious exploration drill program in 25
years at Johnson. HighGold's work in 2019 generated numerous quality drill
targets within an 800-meter radius of the high-grade JT Deposit mineral
resource, several of which will be drilled for the first time this year. Focus
is on expanding the mineral resource base and discovering new zones of
mineralization, with early emphasis given to the Northeast Offset target where
limited drilling by previous operators identified what is believed to be the
fault-displaced continuation of the deposit. Crews are on-site, COVID-19
mitigation plans are in place, and drills are in position and ready to commence
coring."
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