#ExploringMining #Podcast Episode 129 – #Mining #Stocks News from (ASX:NCM) (TSXV: $HIGH.V) (TSX: $LN.TO) (TSXV: $ECC.V)

#ExploringMining #Podcast Episode 129 – #Mining #Stocks News from (ASX:NCM) (TSXV: $HIGH.V) (TSX: $LN.TO) (TSXV: $ECC.V)         

 

Point Roberts WA, Delta BC, December 22, 2020 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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Lihir Gold Limited, the wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), has completed the signing of new compensation, relocation and benefits sharing agreements with the mining lease area landholders at its Lihir gold mine in New Ireland Province, Papua New Guinea. Craig Jones, Newcrest’s COO for Papua New Guinea, said:

 

"These agreements build on the strong relationships developed with the mining lease area landholders over recent years and provides transparency of compensation, relocation and benefits sharing and clear accountability for the development agenda for Lihir Island."

 

HighGold Mining Inc. (TSXV:HIGH) has revealed the first round of assay results from the 2020 Fall Drill Program at its Munro-Croesus project at the Timmins gold camp in Ontario, Canada. The project saw the completion of a total of 31 holes, totalling 2,645 meters drilled. Drill intersection highlights include holes with 190.5 g/t Au over 0.5 meters, 8.25 g/t Au over 0.4 meters, and 11.01 g/t Au over 1.1 meters. The company’s President and CEO, Darwin Green, commented:

 

"The successful near-surface intersection of a high-grade vein structure overlying the historic Croesus Gold Mine workings highlights the opportunity for additional discoveries in an established bonanza grade gold environment. Equally significant is the intersection of high-grade gold approximately one kilometre away at the #4 Shaft target, which brings into focus the greater potential of HighGold's recently consolidated and surprisingly underexplored Munro-Croesus property package."

 

Loncor Resources Inc. (TSX:LN) has reported significant gold intercepts at its flagship Adumbi deposit, part of its 84.68 percent-owned Imbo Project in the Democratic Republic of the Congo. Notably, the second core hole of the deposit’s 7,000 metre drilling program has intersected 33.30 metres grading 3.25 g/t gold (including 5.70 metres grading 7.00 g/t Au and 9.07 metres grading 5.11 g/t Au) and 10.45 metres grading 3.88 g/t Au. Peter Cowley, Loncor’s President, said:

 

“We are very encouraged by the results of the first two core holes of our 7,000 metre drilling program at Adumbi where we are targeting a significant increase of resources, both within and below the open pit shell. These two infill holes were drilled within the open pit shell where there is already an inferred resource of 2.19 million ounces (28.97 million tonnes grading 2.35 g/t gold). These results will further increase the inferred resource. Deeper drilling is now being focussed on the plunging/downdip mineralization below the pit shell.”

 

Ethos Gold Corp. (TSXV:ECC) has entered into two earn-in agreements under which it may earn a 100 percent interest in the 6,350 hectare Toogood claim group and the 1,800 hectare McGrath claim group on New World Island in Newfoundland, Canada. Rob Carpenter, Chief Technical Advisor to Ethos, explained the significance of this:

 

"These acquisitions increase our claim area substantially from 33.5 km² to 115 km² covering a large area of prospective lithology with multiple high-grade gold occurrences over 28 km of strike. Historic work has been limited and sporadic but has nonetheless delivered very encouraging results, and the project is wide open to a new effort to understand the controls of gold mineralization and to look for economic concentrations of near surface gold. We are currently compiling and interpreting all available historic data and look forward to kicking off a significant program on the ground in the spring of 2021, with the intention of developing drill targets."

 

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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 .

 

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#Mining/ #Metals/ #GreenEnergy #Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) RECEIVES FUNDS TO FUND PRELIMINARY ECONOMIC ASSESSMENT; @DefenseMetals

 

#Mining/ #Metals/ #GreenEnergy #Stock News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) RECEIVES FUNDS TO FUND PRELIMINARY ECONOMIC ASSESSMENT; @DefenseMetals  

 

Vancouver, British Columbia – December 22, 2020: Mining/Metals/ Green Energy Stock News from Investorideas.com Newswire - Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/is pleased to announce that 3,157,828 warrants with an exercise price of $0.20 were exercised and the remaining unexercised warrants with an expiry date of December 21, 2020 have expired. The proceeds of the exercise of these warrants were $631,565.60. The use of proceeds will be used to complete the preliminary economic assessment (PEA) in the new year, and for general working capital and corporate purposes.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2020/mining/12221DEFN-Funds.asp

 

Craig Taylor, CEO comments:

 

“The exercise of warrants adds further funds to our company and will assist in advancing the Wicheeda Rare Earth Elements project. We have made tremendous progress over the past two years and we look forward to continuing that success in 2021.”

 

Wicheeda REE Project

The Wicheeda REE project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. 

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please visit https://defensemetals.com/  or contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the Company’s plans for its Wicheeda project, use of funds, completion of PEA, exercise of option to acquire 100% of the Wicheeda project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -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 investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. 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 : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.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

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[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

#ExploringMining #Podcast Episode 128 – #Mining #Stocks News from (NYSE: $EXK) (TSXV: $VGLD.V) (TSX: $MIN.TO) (TSXV: $BTR.V) (TSXV: $ORS.V)

#ExploringMining #Podcast Episode 128 – #Mining #Stocks News from (NYSE: $EXK) (TSXV: $VGLD.V) (TSX: $MIN.TO) (TSXV: $BTR.V) (TSXV: $ORS.V)

                                           

Point Roberts WA, Delta BC, December 21, 2020 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/2020/122120-Mining.mp3

 

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Endeavour Silver Corp. (NYSE:EXK) has signed a binding Letter Agreement to sell its El Cubo Mine and related assets to VanGold Mining Corp. (TSXV:VGLD) for $15 million in cash and share payments plus additional contingent payments. Endeavour’s CEO, Bradford Cooke, said:

 

“We are pleased to enter into this transaction to sell our El Cubo assets to VanGold. They are an ideal fit given the proximity of the Pinguico property to the El Cubo plant. We will become VanGold’s largest shareholder and look forward to supporting the VanGold team as they advance the Pinguico and El Cubo assets through exploration and development to production.”

 

Excelsior Mining Corp. (TSX:MIN) reports that the first copper cathode production has been achieved at its Gunnison Copper Project in Arizona, the first sales of which are anticipated for January 2021. The company’s President & CEO, Stephen Twyerould, commented:

 

“I am happy to confirm that Excelsior Mining is the newest copper producer in the United States. I congratulate our entire team on successfully achieving this milestone while maintaining our excellent safety record and upholding our commitment to responsible mining. Our focus for the coming quarter will be on expanding wellfield operations with the goal of achieving full, nameplate, capacity of 25 million pounds per annum by late 2021. Finally, in consideration of the timing of this news, I want to wish all of our stakeholders a safe and happy Christmas season."

 

Bonterra Resources Inc. (TSXV:BTR) has announced a new gold discovery at Barry North on its Barry project. This includes gold mineralized vein structures spanning approximately 750 metres in length along strike, as revealed by recent exploration. Pascal Hamelin, the company’s President and CEO, said:

 

"This newly discovered zone near surface is very promising and confirms the existence of previously untested gold mineralization just north of the Barry deposit. We look forward to receiving more drill results from this zone."

 

Orestone Mining Corp. (TSXV:ORS) has completed the previously announced 2020 diamond drilling program, comprising a total of 942 metres of NQ core drilling, on the Captain gold-copper porphyry property in north central British Columbia, Canada. David Hottman, CEO and Director of Orestone Mining Corp., said:

 

"As we have stated previously, all of the mineralized intercepts encountered on the Captain Project to date indicate that a gold enriched porphyry system exists and we now believe we have refined the target model to unlock the property's potential. We are encouraged by what we are seeing and have staked additional claims as well as applied for additional drill holes in a tighter spaced pattern.”

 

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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. Contact management and IR of each company directly regarding specific questions.

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