#ExploringMining #Podcast Episode 91 –
#Mining #Stocks News from (NYSE: $IAG) (NYSE: $SA) (TSXV: $SPOT.V) (TSXV: $AEX.V)
(TSXV: $KES.V)
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IAMGOLD Corporation (NYSE:IAG) has announced the remaining assay results from its
2020 exploration diamond drilling program at its Nelligan joint venture project
in Quebec, Canada. Craig MacDougall, Senior Vice President, Exploration for
IAMGOLD, explained:
"These
results complement results reported earlier from the 2020 diamond drilling
program, completed before our activities were suspended as directed by the
Government of Quebec in response to the global COVID-19 crisis. These
additional results continue to confirm continuity of mineralization from infill
holes in the resource area as well as demonstrate that the mineralization and
associated alteration system remains open along strike to the west outside of
the current modeled resource. This extension area requires additional drilling
to assess the resource potential which is an important objective of the
remaining and future drilling programs. I also commend our exploration team,
who with the support of our contractors and suppliers, have successfully
resumed drilling activities under stringent COVID-19 safety protocols."
Seabridge Gold Inc. (NYSE:SA) has filed its second quarter 2020 report. Recent
highlights outlined by the press release include the company’s complete
“acquisition of the 3 Aces exploration project in Yukon, Canada,” the
initiation of “geotechnical drill program along KSM's tunnel route,” and the
initiation of “an exploration program at our Iskut gold-copper porphyry
target.”
GoldSpot Discoveries Corp. (TSXV:SPOT) has signed an agreement with AEX Gold Inc. (TSXV:AEX) to “apply its proprietary workflow
and machine learning algorithm to identify new exploration targets on AEX's
license portfolio in South Greenland.”Denis Laviolette, Executive Chairman and
President of GoldSpot Discoveries, said:
"GoldSpot
continues to partner with best-in-class operators in high-impact, district size
opportunities. AEX is a first mover in Greenland and plans to create
shareholder value through the redevelopment of the past producing Nalunaq Gold
Project while exploring a prolific land package. GoldSpot thrives in big data
settings and will be working closely with AEX in the application of machine
learning to delineate new and exciting targets."
Kesselrun Resources Ltd. (TSXV:KES) has commenced a drill program, consisting of a
total of 2,500 metres, at its Huronian Gold Project in Ontario, Canada.
Kesselrun President and CEO, Michael Thompson, said:
"We
are excited to begin these first steps at advancing the Huronian project with
the goal of eventually completing an NI 43-101 compliant resource estimate.
Rarely does a company hit the beginning of a positive gold market with a 100%
owned project of this calibre along with a healthy balance sheet. Kesselrun is
in a strong position moving forward."
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