#ExploringMining #Podcast Episode 107 – #Mining #Stocks News from (TSX: $SKE.TO) (NYSE: $GOLD) (NYSE: $SAND) (TSXV: $BNCH.V) (TSXV: $EGM.V)
Point Roberts WA, Delta BC, October 6, 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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Skeena Resources Limited. (TSX:SKE) has closed a previously announced transaction with
Barrick Gold Inc., a subsidiary of Barrick Gold Corporation (NYSE:GOLD), and in doing so has acquired 100
percent of the Eskay Creek gold-silver project in the Golden Triangle of
northwest British Columbia, Canada. The transaction closed with Barrick being
issued 22.5 million common shares of Skeena, as well as warrants representing
the right to acquire an additional 11.25 million common shares of Skeena.
Sandstorm Gold Ltd. (NYSE:SAND) has announced sales of approximately 12,100
attributable gold equivalent ounces with a preliminary revenue of $23.3 million
during the three months ended September 30, 2020. Sandstorm was also ranked 21
on a recently-published list of the top 30 performers on the Toronto
Stock Exchange over a three-year period. According to the list, Sandstorm
boasts a three-year share price increase of 160 percent.
Benchmark Metals Inc. (TSXV:BNCH) has reported new results from the Cliff Creek
zone, where surface to vertical depth drilling of >300 metres continues to
define strong mineralization. According to the press release, the zone’s
deepest holes have yielded 30.63 metres (m) of 2.05 grams per tonne (g/t) gold
and 107.07 g/t silver or 3.39 g/t gold equivalent, as well as 45.86 m of 1.17
g/t gold and 30.06 g/t silver or 1.55 g/t AuEq. Benchmark CEO John Williamson
said:
"The
results at the Cliff Creek area are showing broad higher-grade zones of
previously unrecognized mineralization at depth and as a result will likely
positively impact our maiden mineral resource estimate in Q1 2021. As our
geological team continues to build its understanding of the Cliff Creek
mineralization, we continue to discover extensive mineralization with
successful modelling and drill targeting. We are applying the same principles
of systematic exploration and geological interpretation to other zones in
anticipation of the same impressive results."
EnGold Mines Ltd. (TSXV:EGM) has reported broad intervals of high-grade copper
assays from two drill holes at the G1 Copper Zone on the company’s 100
percent-owned multi-deposit Copper Gold Lac La Hache Property in the Cariboo
region of British Columbia, Canada. The company’s President and CEO, David
Brett, said:
"While
expanding G1 high copper grades to the northeast is very encouraging, the
potential for a new, broad extension to the south is even more significant. We look
forward to further drill results to the south, and are encouraged that our
exploration model suggests potential for multiple G1-style zones along a
multi-kilometer trend."
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