#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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