#ExploringMining #Podcast
296 - News from (NYSE: $HBM) (NYSEAmerican: $GAU) (TSXV: $SPOT.V) (TSXV: $INTR.V)
(NYSEAmerican: $EMX)
Vancouver, Kelowna, Delta, BC, August 26,
2022 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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Hudbay Minerals Inc. (NYSE:HBM) has announced an exploration agreement with the
Uchucarcco community in Peru giving it surface rights to the Maria Reyna and
Caballito satellite properties near its Constancia mine. These properties,
according to the press release, “consist of a large, contiguous block of
mineral rights held by Hudbay and have the potential to host mineral deposits
within trucking distance of the Constancia processing facilities.” Hudbay’s
President and CEO, Peter Kukielski, said:
“Historic
drilling at Maria Reyna indicates attractive grades over wide intersections
starting at surface and the past-producing Caballito property has the potential
to add higher grade copper mineralization to our Constancia operations. This
exploration agreement demonstrates our commitment to partnering with the local
communities and we look forward to continuing to work harmoniously with the
communities to add value to our long-life operation in Peru.”
Galiano Gold Inc. (NYSEAmerican:GAU) has posted an update on the drilling results at
Nkran after having completed an infill drilling program at the Asanko Gold Mine
in Ghana. Nkran saw the completion of 24 diamond drill holes totalling 8,116m,
and according to the press release, has “a Mineral Resource Estimate of 12.1 Mt
at 2.09 g/t for 814 kozs indicated and 1.3 Mt at 2.23 g/t for 96 kozs
inferred.” Galiano Gold’s President and CEO, Matt Badylak, said:
"This
deposit has historically yielded significant cash flows due to its proximity to
the processing plant, elevated grade profile and favourable metallurgy. It is
important to note that mineralization extends below the current resource shell
and remains open at depth. Going forward, we anticipate Nkran to be a key
deposit in our upcoming Life of Mine Plan and are excited to incorporate these
latest drilling results into an updated Technical Report scheduled for release
in Q1 2023."
GoldSpot Discoveries Corp.
(TSXV:SPOT) has reported its unaudited consolidated financial
results for the three and six months ended June 30, 2022. Highlights for the
quarter include an increase in the firm’s consulting revenue to $3,376,124, as
well as the expansion of its ML/AI-based core logging capability. Denis
Laviolette, the GoldSpot’s Executive Chairman and President, said:
"These
results showcase the strength of our consulting practice fueled by innovations
from our R&D group. Our product portfolio continues to take advantage of
market volatility with a heightened customer focus on cost-effective tools and
resources. We are confident in our growth trajectory and the ongoing demand for
geo data modelling/management and specialized financial products that empower
mining companies and investors to make better decisions."
Intrepid Metals Corp. (TSXV:INTR) has entered into a definitive agreement with
Bronco Creek Exploration (BCE), a wholly-owned subsidiary of EMX Royalty
Corporation (NYSEAmerican:EMX), to acquire a 100 percent
interest in the Mesa Well Copper Property in south-central Arizona's copper
porphyry belt. The CEO of Intrepid Metals, Ken Brophy, said:
"The
Mesa Well project is within the Laramide Porphyry Belt, home to major copper
operators such as BHP and Freeport. The property contains favourable reactive
host rocks and previous drilling identified porphyry-style alteration and
copper-molybdenum mineralization. We know the Bronco Creek Exploration team are
strong project generators and are excited about the potential of a new porphyry
discovery."
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