#ExploringMining
#Podcast – #Mining News from (TSXV: $WGO.V) (NYSE: $NEM) (NYSE: $WRN) (NYSE: $IAG)
(NYSE American: $AXU) (TSXV: $AGG.V)
Point Roberts WA, Delta BC, December 5,
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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White Gold Corp. (TSXV:WGO) has staked three strategic claim blocks totaling 689
mining claims contiguous to the its White Gold property, Newmont Goldcorp’s (NYSE:NEM) Coffee project and Western Copper
and Gold Corporation’s (NYSE:WRN) Casino project, all of which are
located in the White Gold District, Yukon, Canada. Of the three claims stakes:
“Kodiak” contains 111 claims contiguous to the White Gold property and 10km
north of Newmont’s Coffee deposit, “Kirkman” contains 272 claims extending
south of Kodiak, also north of Newmont’s Coffee and south of the White Gold
property, and “Tea” contains 306 claims contiguous to Newmont’s Coffee project
on the south. White Gold CEO David D’Onofrio explained:
“Our
recent high-grade, near surface Titan discovery and last year’s Vertigo, Ryan’s
Surprise and other discoveries continue to demonstrate the success of our
proprietary, methodical data-based exploration strategy and the prospectively
of our extensive land package in the prolific White Gold District. The Kodiak,
Kirkman and Tea properties have similar geological characteristics to our White
Gold property and/or the Coffee project and are strategic additions to our land
package.”
IAMGOLD Corporation (NYSE:IAG)
has filed a National Instrument 43-101 Technical
Report (NI 43-101) supporting the initial Mineral Resource estimate for the
Nelligan Gold Project, in Quebec, Canada. In an October 22 press release regarding the initial
Mineral Resource, Craig MacDougall, Senior Vice President, Exploration for
IAMGOLD, commented:
"The
completion of this initial resource estimate reported for Nelligan is an
important milestone which solidifies this new grassroots discovery by the
IAMGOLD exploration team. The discovery of the Renard Zone builds on the
initial discoveries made by Vanstar which originally highlighted the
exploration potential of this area and motivated our participation in the
project. I would like to point out that we have advanced this project from the
initial grassroots discovery of the Renard Zone to the declaration of a sizable
mineral resource in just three years. I congratulate our exploration team on their
efforts which have led to this outstanding discovery."
Alexco Resource Corp. (NYSE American:AXU) has reported final results from its 2019 drilling
program at the Keno Hill Silver District property in the Yukon Territory,
Canada. Alexco CEO Clynt Nauman commented on the property’s Inca discovery:
"The
Inca discovery reflects the increasing confidence our geology team has in
predicting the geological setting in which these deposits occur at Keno Hill.
It is another blind discovery that is open along strike and down dip, but
perhaps more importantly it is within a favourable structure which has at least
800 meters of untested strike length in rocks which are known to host most of
the silver deposits in the district. Clearly, more work is required in 2020 to
better understand the importance of the Inca discovery."
African Gold Group, Inc. (TSXV:AGG) has provided an update detailing progress at the
Kobada Gold project. Highlights from Phase 1 drilling campaign include:
●
Drill hole KP19_P1_17 returned 1.59 g/t
gold over 11.0 metres (m), including 19.0 g/t gold over 0.80 m
●
Drill hole KP19_P1_17 returned 6.39 g/t
over 1.0 m
●
Drill hole KP19_P1_18 returned 11.6 g/t
gold over 1.55 m
●
Drill hole KP19_P1_18 returned 5.96 g/t
gold over 1.0 m
●
Drill hole KP19_P1_03 returned 3.09 g/t
gold over 2.50 m
Dr. Andreas Rompel, the company’s VP of Exploration,
commented:
“We
are very happy to have completed the Phase 1 drilling campaign aimed at
confirming and upgrading the resource confidence level. And we are keenly
expecting the remaining results to complement our already published high-grade
intersections in the area of the open pit which exceeded our expectations.”
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