#ExploringMining #Podcast – #Mining News
from (NYSE: $BTG) (NYSE: $AU) (NYSE: $SA) (TSXV: $BNCH.V) (TSXV: $DEC.V)
Point Roberts WA, Delta
BC, January 23, 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,
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B2Gold Corp. (NYSE American:BTG) has announced positive results from its
Updated Preliminary Economic Assessment
(PEA) for the Gramalote Ridge deposit at the Gramalote gold project in
Colombia. The project is a joint venture between B2Gold and AngloGold Ashanti
Limited (NYSE:AU). An excerpt from the PEA overview
reads:
The
PEA was prepared by B2Gold and evaluates recovery of gold from a an open-pit
mining operation that will move up to 143,000 tonnes per day ("tpd") (50.0 Mtpa), with a 30,137 tpd (11.0 Mtpa) processing plant that includes
crushing, grinding, flotation, with fine grinding of the flotation concentrate
and agitated leaching of both the flotation concentrate and the flotation
tails, followed by a carbon-in-pulp recovery process to produce doré bullion.
Seabridge Gold Inc. (NYSE:SA) has completed a drilling campaign at its 100
percent-owned Snowstorm Project in Northern Nevada. According to the press
release, the drilling program “confirmed the presence of structures and
stratigraphy similar to Turquoise Ridge and Twin Creeks, two successful gold
mines located just a few kilometers southwest of Snowstorm on the Getchell
Trend.” The company’s Chairman and CEO, Rudi Fronk, explained:
"We
acquired Snowstorm in 2017 because we think it has an excellent chance to host
a Getchell-style deposit. Nothing we have learned to date has downgraded this
opportunity. We have identified the favorable stratigraphic host for a Getchell
style deposit as well as similar structures which fed the deposits to the
south. These occurrences are challenging to find because they are not very
large and they are hidden under younger volcanic cover. However, all the data
suggests to us that we're in the right neighborhood. We think a detailed
interpretation of last year's data now in progress will help us vector towards
a discovery."
Benchmark Metals Inc. (TSXV:BNCH) has reported that drill hole 19DRDD003
“intersected 1.26 g/t gold and 37.82 g/t silver or 1.73 g/t AuEq across 70.00
metres core length, including 47.40 g/t gold and 1111.00 g/t silver or 61.28
g/t AuEq across 0.99 metres core length” at Duke’s Ridge. John Williamson, CEO
of Benchmark, commented:
"Once
again this result from the Duke's Ridge-Phoenix corridor has delivered an
excellent broad zone of bulk-tonnage and high-grade Phoenix style
mineralization. This key resource zone will be a focus for the 2020 exploration
program while continued confirmation of near surface mineralization has
potential for open pit mining methods with little to no overburden and low
stripping ratios.”
Decade Resources Ltd. (TSXV:DEC) has been assessing all previous data on the Del Norte
property, which comprises 5,830.16 ha in 13 separate claims, in order to
finalize its 2020 field season plans. Company President Ed Kruchkowski said:
"I
have been involved in exploration programs on this property as a consultant on
behalf of Teuton from 1992 to 2005. The sheer size of the property and numerous
showings present excellent exploration opportunities. With the recent ice
retreat, it is expected that even more mineral showings will be exposed."
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