Exploring Mining Podcast – News from (NYSE: $EXK) (TSXV: $WGO.V) (CSE: $RCLF.C) (TSXV: $AWE.V)
Point Roberts WA, Delta BC, May 21, 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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Endeavour Silver Corp. (NYSE:EXK) has announced that exploration drilling in Q1, 2020 intersected new high-grade gold-silver mineralization in the Melladito vein at the Bolanitos mine in Guanajuato, Mexico. Highlights from eight core holes include: 24.3 grams per tonne (gpt) gold and 787 gpt silver over a 1.5 meter (m) true width in hole BN27, 12.5 gpt gold and 50 gpt silver over a 1.1 m true width, and 7.37 gpt gold and 170 gpt silver over a 2.7 m true width. Endeavour CEO Bradford Cooke said:
“Last year at Bolanitos, we were successful in outlining new resources in the San Miguel vein, now under development, and we expect to commence mining at San Miguel in Q3, 2020. This year, we are discovering new resources in the Melladito vein, which should allow us to develop and mine there next year, as the orebody is only 300 m from the La Luz Ramp and 300 m from the San Miguel ramp.”
White Gold Corp. (TSXV:WGO) has announced a fully funded 2020 exploration program on its 422,000+ hectare land package, comprising 40 percent of the White Gold District in Yukon, Canada. Budgeted at $4 million, the program “has been designed to further test existing targets and recent high grade discoveries on the Company’s White Gold, Hen, and JP Ross properties, as well as to identify and advance other targets on its extensive regional land package.” Terry Brace, Vice President of Exploration, explained:
“2020 is expected to be another exciting year for White Gold as we diamond drill test recent discoveries at the Ryan’s Surprise and Titan targets, as well as advance other high-priority targets across our expansive land package. Extensive review and analysis performed in the off-season has also provided new interpretations on several projects which we are excited to test. We will also continue to develop a better understanding of the geological and structural framework of our targets for follow up drill testing when ready.”
Rockcliff Metals Corporation (CSE:RCLF) has completed its phase one drill program at its 100 percent-owned Freebeth Property in central Manitoba, Canada. The program was notable for having successfully located and identified the historical Last Hurrah Zone (LHZ). Rockcliff's President and CEO Alistair Ross commented:
"Drilling on the Freebeth Property has demonstrated excellent potential to host significant near surface copper-zinc mineralization. The LHZ is associated with a 1.4 kilometre long airborne geophysical anomaly and is located only 3.5 kilometres south-east of the past producing Spruce Point copper-zinc mine. Drilling has clearly identified a zone of high-grade copper and zinc mineralization that remains open along strike and at depth. The property has excellent infrastructure with an all-weather paved highway to our leased mill located approximately 125 kilometres to the east. The LHZ now ranks as a high priority advanced exploration target and we look forward to determining the extent of the known mineralization with future exploration and drilling."
Thunderstruck Resources Ltd. (TSXV:AWE) has announced its 2020 exploration program on its Korokayiu Zinc/Copper Prospect in Fiji with JV partner Japan Oil, Gas and Metals National Corporation (JOGMEC). Bryce Bradley, President and CEO of Thunderstruck Resources, explained:
"After the high-grade copper and zinc drill results from 2019, we are eager to get started on our second year of drilling with our partners at JOGMEC. Like other industries and sectors, we've experienced setbacks and delays due to the pandemic, so we're thrilled to be finally starting our 2020 exploration program. Thunderstruck is fortunate in that our exploration season in Fiji coincides with the gradual re-opening of the global economy. As of this writing, Fiji no longer has any new cases of COVID-19, so local Fijian employees are free to prepare the camp, maintain roadworks and build drill pads now throughout the month of June, with social distancing measures in place, in expectation of the full-scale commencement of the exploration program at the beginning of July, or earlier, once their borders fully re-open."
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