Wednesday, October 27, 2021

#ExploringMining #Podcast 216 – (TSXV: $OTGO.V) (TSXV: $AUN.V) (OTC: $AUNFF) (NYSE: $MAG) (NYSE: $EGO) (TSXV: $GMIN.V) (TSXV: $BNCH.V)



 

#ExploringMining #Podcast 216 – (TSXV: $OTGO.V) (TSXV: $AUN.V) (OTC: $AUNFF) (NYSE: $MAG) (NYSE: $EGO) (TSXV: $GMIN.V) (TSXV: $BNCH.V)       

 

Point Roberts WA, Delta BC, October 27, 2021 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. Today’s podcast was sponsored by O2Gold Inc.

(TSXV:OTGO) , a mineral exploration company with activities in Colombia.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/102721-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2021/exploring-mining/10271OTGO-AUN-MAG-EGO-GMIN-BNCH.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

Listen to Exploring Mining on Spotify

 

Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) has reported that its previously announced private placement offering of units has closed on the sale of 13,806,072 Units for gross proceeds of $9,664,250 CAD. According to the press release, the net proceeds “will provide additional contingency funding for the restart of the Company's wholly-owned Revenue Virginius (RV) Mine as well as funding for growth of the resource base at the RV Mine which may enable the Company to grow future production volumes. Net proceeds will also be used for working capital and general and administrative expenses including potential opportunities to advance its wholly owned Shafter Project in light of the current silver price.”

 

MAG Silver Corp. (NYSEAmerican:MAG) has shared the 2021 third quarter production of underground development material from the Juanicipio Project. 57,127 tonnes of development material were processed during the quarter ended September 30, 2021. George Paspalas, MAG Silver’s President and CEO, said:

 

“We are very pleased that pre-commissioning has commenced on the process plant, and we have been very impressed with the ability of Fresnillo to manage through COVID and inflationary pressures to be ready for full commissioning in Q4 2021. We have learned so much from processing development material through the Fresnillo plant over the past 14 months, and hence are looking forward to a rapid ramp up through early 2022.”

 

Eldorado Gold Corporation (NYSE:EGO) has closed the previously announced sale of the Tocantinzinho Project (TZ) to G Mining Ventures Corp. (TSXV:GMIN). The two firms have entered into an investor rights agreement as part of the closing of the sale, which “grants Eldorado certain rights for so long as it maintains 10% ownership of GMIN common shares on an undiluted basis.” George Burns, Eldorado’s President and CEO, said:

 

“The sale of TZ provides immediate value for Eldorado and also allows us to retain meaningful exposure to future value creation through our equity stake in GMIN. We believe the combination of GMIN and the existing local Brazilian leadership group is the right team to advance the asset responsibly. We look forward to following and supporting their success.”

 

Benchmark Metals Inc. (TSXV:BNCH) has announced new results from exploration drilling at the Marmot Zone in British Columbia, Canada. Highlights include 30.00 metres core length of 1.93 grams per tonne (g/t) gold and 70.33 g/t silver or 2.81 g/t gold equivalent (AuEq) in drill hole 21MLDD004. CEO John Williamson said:

 

"The Marmot Zone continues to return significant gold and silver intercepts at-surface and at depth with a style of mineralization and alteration that is very comparable to our Cliff Creek deposit. These new results help demonstrate the continuity of this mineralizing system as it continues to grow in scope and scale, with the potential to add significant gold-silver ounces that would be peripheral to our current resource zones."

 

Exploring Mining Podcast Sponsor

O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Tuesday, October 26, 2021

#Mining #Stock News: Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Closes Previously Announced Non-Brokered Unit Private Placement for a Total of C$9.664 Million; @AurcanaC

#Mining #Stock News: Aurcana (TSXV: $AUN.V) (OTC: $AUNFF) Closes Previously Announced Non-Brokered Unit Private Placement for a Total of C$9.664 Million; @AurcanaC

 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 


VANCOUVER, British Columbia - October 26, 2021 (Investorideas.com Newswire) AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (TSXV: AUN, OTCQX: AUNFF) is pleased to announce that the previously announced (October 20, 2021) private placement offering (the "Private Placement") of units has closed. Aurcana closed on the sale of 13,806,072 Units for gross proceeds of C$9,664,250.

 

Read this news featuring AUN in full at https://www.investorideas.com/CO/AUN/news/2021/10261Closed-Private-Placements.asp

Each unit ("Unit") is priced at C$0.70 and consists of one common share of the Company and one full common share purchase warrant ("Warrant"), with each Warrant entitling the holder thereof to purchase one common share at a price of C$0.90 for a period of 36 months from the date of issuance.

 

The net proceeds of the Private Placement will provide additional contingency funding for the restart of the Company's wholly-owned Revenue Virginius (RV) Mine as well as funding for growth of the resource base at the RV Mine which may enable the Company to grow future production volumes. Net proceeds will also be used for working capital and general and administrative expenses including potential opportunities to advance its wholly owned Shafter Project in light of the current silver price.

 

The Company paid an aggregate of C$518,115 in finder's fees and issued an aggregate of 740,164 agent's warrants, ("Agent's Warrants") with each Agent's Warrant entitling the holder thereof to purchase one Common Share at a price of C$0.90 for a period of 36 months from the date of issuance.

 

The Private Placement Common Shares and the Warrants (and any Common Shares issued pursuant to the Warrants, as applicable) are subject to a statutory hold period expiring on February 23, 2022.

 

The previously announced (October 20, 2021) private placement of a secured convertible debenture in the sum of $5.5 Million through the Company's wholly-owned subsidiary, Rio Grande Mining Co. is expected to close by mid-November.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States unless registered under the 1933 Act and any applicable securities laws of any state of the United States or an applicable exemption from the registration requirements is available.

 

ABOUT AURCANA SILVER CORPORATION

Aurcana Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA SILVER CORPORATION

"Kevin Drover"
President & CEO

 

For further information, visit the website at www.aurcana.com or contact:

Aurcana Corporation
850 - 789 West Pender Street
Vancouver, BC V6C 1H2
Phone: (604) 331-9333

Gary Lindsey, Corporate Communications
Phone: (720)-273-6224
Email: gary@strata-star.com

 

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement (including with respect to the timing of closing of the Private Placement). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Aurcana Silver Corporation (TSXV: AUN) (OTC: AUNFF) is a featured Mining stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Aurcana Silver Corporation is a featured mining company on InvestorIdeas. Please read our full disclaimer and disclosure regarding specific compensation Additional info regarding BC Residents: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 


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#ExploringMining #Podcast 215 (TSXV: $OTGO.V) (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (NYSE: $PVG)



 

#ExploringMining #Podcast 215 (TSXV: $OTGO.V) (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (NYSE: $PVG)

                                           

Point Roberts WA, Delta BC, October 26, 2021 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. Today’s podcast was sponsored by O2Gold Inc.

(TSXV:OTGO) , a mineral exploration company with activities in Colombia.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/102621-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2021/exploring-mining/10261OTGO-DEFN-DFMTF-RIO-PVG.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

Listen to Exploring Mining on Spotify

 

O2Gold, Inc. (TSXV:OTGO) has begun drilling at its Aparecida brownfield area. The first drilling target is the Fortaleza Vein, which “has a projected extension of at least 400 meters, and rock channel samples have returned maximum values of 42.3 g/t Au and 49.6 g/t Ag.” Drilling continues in the main vein of the Aurora area “to prove its extension along dip and strike.” According to the press release:

 

The Company has reinforced both adits and tunnels of the Aurora mine, with electricity and ventilation in place for when the tunnels reopen. The Company's aim is to begin draining the tunnels in Q4 2021 and management expects the mine to be fully accessible in Q1 of 2022.

 

Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced that Dr. Luisa Moreno has joined its board of directors. Moreno is a Physics Engineer, with a PhD in Materials Science and Mechanics from Imperial College London, UK, and “is known as a leading analyst in rare earths and has published several reports and articles for the investment community.” Craig Taylor, the company’s CEO, commented:

 

"As we near completion of our ambitious 2021 Wicheeda REE deposit resource expansion and delineation diamond drill program and economic scenario analysis being conducted by SRK, we are excited to welcome Dr. Moreno to the board. Dr. Moreno has demonstrated an ability to analyze the technical aspects of specialty metals deposits and brings with her a wealth of knowledge and international capital markets experience that will be critical in moving Wicheeda forward."

 

Rio Tinto Group (NYSE:RIO) is partnering with Carbfix to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. Rio Tinto’s Chief Executive of Aluminium, Ivan Vella, explained:

 

"The innovative technology developed by Carbfix provides a pathway towards further decarbonisation of aluminium production at our ISAL smelter, which already produces low carbon aluminium using renewable energy. We will be working together to tackle the technical challenges to progress the carbon capture solution that we have begun trialling at ISAL. Beyond this, we will look for opportunities to apply Carbfix's technology for decarbonisation across Rio Tinto's operations, complementing other innovations such as our ELYSIS partnership for zero carbon aluminium smelting."

 

Pretium Resources Inc. (NYSE:PVG) has announced a new high-grade gold exploration discovery at the Golden Marmot Zone on its Brucejack Property in Northern British Columbia, Canada. Highlights include drill hole SU-786 – which intersected 72.5 grams per tonne gold over 53.5 metres, drill hole SU-778 – which intersected 46.1 grams per tonne gold over 5.8 metres, and drill hole SU-772, which intersected 22.8 grams per tonne gold over 38.0 metres.

 

Exploring Mining Podcast Sponsor


O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.

 

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About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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