Exploring Mining Podcast – News from
(NYSE: $GOLD) (TSXV: $PRG.V) (NYSE: $IAG) (TSXV: $ALTA.V) (TSXV: $AFF.V)
Point Roberts WA, Delta
BC, June 18, 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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Barrick Gold Corporation (NYSE:GOLD) has begun exploration and field work at Precipitate
Gold Corp.’s (TSXV:PRG) 100 percent-owned Pueblo Grande
Project in the Dominican Republic. The latter’s President and CEO, Jeffrey
Wilson, explained:
"We
are pleased with the commencement of work by Barrick on our Pueblo Grande
project. The timely start-up of exploration initiatives closely following the
easing of certain in-country COVID-related restrictions speaks to Barrick's
commitment to promptly initiate meaningful programs to explore and advance the
project as efficiently and systematically as possible. We're specifically encouraged
by Barrick's initial focus within the Lithocap Zone where Precipitate had
previously identified multiple prospective targets. Barrick's unique and
extensive experience with the style of high sulphidation mineralization being
targeted offers Precipitate shareholders leverage to critical exploration
expertise. The earn-in agreement's requirement for Barrick to incur a minimum
US$2.0M in exploration before the second anniversary, and Barrick's intent to
conduct a 2,500 metre drill program within the first two quarters of the
agreement term, suggests the potential for important near-term exploration
updates and results as Barrick's work advances. We look forward to reporting
any additional updates as they become available."
IAMGOLD Corporation (NYSE:IAG) has announced initial assay results from its 2020
exploration diamond drilling program completed at its Nelligan joint venture
project in Quebec, Canada. Craig MacDougall, Senior Vice President, Exploration
for IAMGOLD, said:
"The
drilling program continued to intersect the expected alteration and associated
mineralization within the resource area, and importantly has demonstrated that
the alteration system remains open along strike to the west outside of the
current modeled resource for potentially another 500 metres. Additional
drilling is needed to assess this potential and we look forward to the
resumption of our drilling activities once conditions allow us to do so in a
safe manner."
Altamira Gold Corp. (TSXV:ALTA) has appointed Edgar Barrios as senior mining
consultant, who will be tasked with managing the construction of the mine and
1000t/d processing plant at the Cajueiro gold project in Brazil. Altamira’s
President and CEO, Michael Bennett, said:
"We
are very excited to have Mr. Barrios join our team. Edgar brings a wealth of
knowledge and extensive experience on small and large scale gold operations in
South America. Not only has he held senior operating roles at larger companies,
he is a metallurgist by training and has hands on experience in designing and
installing carbon-in-leach circuits and operating plants. His technical
expertise will be invaluable as we advance our Cajueiro gold project into
production."
Affinity Metals Corp. (TSXV:AFF) has completed drilling the first hole on the West
Timmins property in Ontario, Canada. According to the press release, the “hole
was drilled to a depth of 525 meters,” and “core logging and sampling will
commence shortly,” with analysis to follow. The property adjoins to the Melkior
Carscallen project, which “recently made a significant gold discovery,”
according to the press release.
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