#ExploringMining #Podcast Episode 95 – #Mining #Stocks News from (NYSE: $RIO) (NYSEAmerican: $NGD) (TSXV: $ARTG.V) (CSE: $SLV.C) (TSXV: $JAX.V)
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Rio Tinto Group’s (NYSE:RIO) Kennecott site has become the first producer to be awarded the Copper Mark, in recognition of its responsible production. Rio Tinto Copper & Diamonds chief executive Arnaud Soirat commented:
"The Copper Mark allows our customers to purchase copper from operations that have been independently assessed as meeting the highest environmental, social and governance standards, responding to the growing expectations of consumers around the world for sustainable supply chains.
We look forward to continuing our work with the Copper Mark and seeing this new programme embraced widely along the value chain, to support the role copper continues to play as a key material in a sustainable future."
New Gold Inc. (NYSE American:NGD) has closed the previously announced sale of the Blackwater Project to Artemis Gold Inc. (TSXV:ARTG) for a total cash consideration of $190 million, and a gold stream on 8 percent of gold production from the project. Renaud Adams, CEO of New Gold, said:
"The divestment of the Blackwater Project completes another key transaction for New Gold that allows us to retain exposure to Blackwater through the gold stream and our equity position in Artemis. We believe that Artemis is the best positioned team to advance the project for the benefit of all stakeholders, including the host communities and partners. We look forward to participating in the future success of Blackwater and wish the team well."
Silver Dollar Resources Inc. (CSE:SLV) has reported highlights – including 1,778.1 g/t silver equivalent over two metres – from its most recent diamond drilling program at the La Joya Silver Project in Durango, Mexico. Mike Romanik, President of Silver Dollar, said:
"While we knew the Phase 3 drilling was completed at La Joya, we were exceptionally pleased to learn the program returned the highest-grade silver, copper and gold hits to date from the Main Mineralized Trend. A target that is of particular interest is the 750-metre gap between the Main Mineralized Trend and the Santo Nino Deposit, where no drilling has been undertaken. It demonstrates the tremendous potential for resource expansion and will be a priority in our initial exploration campaign."
Jaxon Mining Inc. (TSXV:JAX) has received the final assay results from the 2020 Phase One surface rock sampling program at its Hazelton project. According to the press release, this has revealed “multiple high-grade, quartz sulfide mineralization zones with silver grades of up to 1641 g/t, gold grades of up to 5.91 g/t and copper grades of up to 3.46% have been discovered at Netalzul Mountain AOI.” John King Burns, CEO and Chairman of the Board, commented:
We are inspired by the geology we are working with and will continue our disciplined and systematic exploration. Despite market pressure to do otherwise, we will only drill test fully developed and geologically informed targets. The discoveries at Netalzul mark another advance in our understanding of and vision for Hazelton."
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