#ExploringMining #Podcast Episode 86 –
#Mining #Stocks News from (TSXV: $TSG.V) (TSXV: $SCZ.V) (TSXV: $CBR.V) (NYSE
American: $LODE)
Point Roberts WA, Delta
BC, July 23, 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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at https://www.investorideas.com/news/2020/exploring-mining/07231TSG-SCZ-CBR-LODE.asp
TriStar Gold, Inc. (TSXV:TSG) has received the results from six composite
metallurgical samples as part of the prefeasibility study at Castelo de Sonhos.
According to the press release, “all six bottle roll tests returned over 96%
gold recovery with an average gold recovery from the samples of 98%” Nick
Appleyard, TriStar's President and CEO, explained:
"The
metallurgical results from this campaign all exceed the conceptual recovery of
95% used in our PEA. We are very happy the results that will feed into our
prefeasibility study continue to meet or exceed the expectations set by the
PEA. Our team in Brazil is now keen to get back into the field and start
working aggressively on the exploration programs that we have been working on
these past couple of months. We have identified multiple drill targets for both
shallow paleoplacer-hosted mineralization and deeper remobilized mineralization
that are now being refined into a plan for drilling and additional surface
reconnaissance studies."
Santacruz Silver Mining Ltd. (TSXV:SCZ) has entered into an agreement with Zacatecas
Silver Corp. – a privately held silver focused exploration company – for the
sale of a 100 percent interest in the Zacatecas Properties, located in the
Zacatecas Mining District, Mexico, for consideration of US $1.5 million and the
issuance of 5,000,000 common shares of Zacatecas Silver. Zacatecas Silver CEO,
Bryan Slusarchuk, commented:
"We
are big believers that macro conditions for silver have never been better. It
is also undisputable that Zacatecas is one of the world's best addresses for
high grade silver. To acquire a project with historic high-grade intercepts, an
inferred mineral resource with expansion and exploration upside is very timely.
Our team has created significant shareholder value for precious metals
investors during the bear market and now with a precious metals bull starting,
we are ideally positioned in terms of technical expertise and capital markets
ability to continue delivering excellent potential upside going forward."
Cabral Gold Inc. (TSXV:CBR) has announced the results from a series of surface
rock and soil samples at the Cilmar target area, including the discovery of
numerous coarse nuggets in the Cilmar area. The company’s President and CEO,
Alan Carter, said:
“The
identification of the potential source of coarse gold nuggets recently
recovered from streams in the Cilmar area has not been straightforward due to
the presence of thick post-mineral cover. However, recent sampling has resulted
in a number of good gold values in surface rock samples, which has consequently
narrowed the search down to the point where we now have drill targets at
Cilmar. The eastern part of the project area is turning out to be very prolific
in terms of new high-grade targets and continues to support our belief that
Cuiú Cuiú is an emerging district which contains multiple gold deposits. We
look forward to the commencement of RC drilling on this target and other
recently identified high grade targets in the next few weeks."
Comstock Mining Inc. (NYSE American:LODE) has announced strategic and financial updates for
the second quarter and year to date. On the strategic side, this includes
highlights such as the company’s investments in Mercury Clean Up LLC (MCU)
having increased to $1.75 million in cash and stock to date. Financially, the
company recorded a gain of $1.6 million on the increased value of its equity
investment in Tonogold, which is now valued at over $10.4 million at June 30,
2020, up from $8.8 million at March 31, 2020.
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