Vancouver, Kelowna, Delta, BC – January 5, 2023 (Investorideas.com Newswire) 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.
Exploring Mining has been selected by Feedspot panelist as one of the Top 25 Mining Podcasts on the web.
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Exploring Mining Podcast 319 – News from (OTC: FTCO) (TSXV: WGO) (CSE: KUYA) (NasdaqCM: ELBM) (TSXV: BRAU)
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Fortitude Gold Corporation (OTC:FTCO) has announced exploration drill results from its East Camp Douglas property. This, according to the press release, saw the expansion of its mineralized lithocap target with intercepts including 4.57 meters grading 5.24 grams per tonne (g/t) gold within 15.24 meters grading 1.87 g/t gold. Jason Reid, the company’s CEO and President, said:
“These latest drill results, coupled with our first D2 Cliffs drill program, have exceeded our expectations. Our lithocap is very large and our drill programs were initially targeted to understand its structure. We have been fortunate we intercepted mineralization so early in its exploration with this latest drill program consistently intercepting mineralization in 94% of the holes. We hope to continue to expand on these great results which could lead us to the feeder of this system whereby both the feeder and the lateralized zones could potentially become a large, bulk tonnage gold deposit.”
White Gold Corp. (TSXV:WGO) has reported positive assay results for its 2022 diamond drilling program on the Ryan’s Surprise target. Drilling on the target has now encountered gold mineralization over an area measuring approximately 450m E-W by 450m N-S, and to a vertical depth of 450m and remains open in all directions. The company’s CEO, David D’Onofrio, explained:
“Mineralization remains open in all directions, with Hole 29 this year ranking amongst the best holes drilled to date at this target. We believe that the Ryan’s Surprise target has the ability to meaningfully increase the size of our significant gold resources and look forward to conducting an initial resource estimate at this target which hosts high-grade and bulk tonnage mineralization. We also look forward to the results from the drilling on several other prospective targets on the Ryan’s Trend to demonstrate additional gold mineralization along the trend and the potential for further expansion of our significant gold resources in this area.”
Kuya Silver Corporation (CSE:KUYA) has announced an agreement with Electra Battery Materials Corporation (NasdaqCM:ELBM) to acquire 100 percent of the latter’s interest in the Silver Kings Joint Venture properties. David Stein, Kuya Silver’s President and CEO, said:
“We believe the time is right to consolidate our interests in the Cobalt silver mining camp, which we believe has potential for high-grade near-surface silver that could become a second platform in our growth pipeline. Although Kuya Silver remains focused on its flagship Bethania silver project in Peru, having this kind of scale in a mining-friendly jurisdiction like Ontario will differentiate Kuya Silver from other single-project junior companies. Given what is known about the geology and production history, in any future production scenario, cobalt, a strategic critical metal with significant value, is likely to be produced as a co-product or by-product.”
Big Ridge Gold Corp. (TSXV:BRAU) has shared diamond drill results from its Destiny Gold Project in Quebec, Canada. Highlights features in the press release include: drill hole DES-21-173, which intersected 8.90 g/t Au over 0.4 m, drill hole DES-21-177, which intersected 5.17 g/t Au over 5.8 m including 43.1 g/t Au over 0.6 m, and drill hole DES-21-179, which intersected 3.78 g/t Au over 16.3 m including 8.85 g/t Au over 6.7 m and 42.6 g/t Au over 1.0 m.
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