#ExploringMining #Podcast 241 – News from (TSXV: $OTGO.V) (TSXV: $FOR.V) (NYSE: $RIO) (NYSE: $TRQ) (NYSE: $GOLD) (TSXV: $BAU.V)
Vancouver, Kelowna, Delta, BC, January 25, 2022 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. Today’s podcast was sponsored by O2Gold Inc.
(TSXV:OTGO) , a mineral exploration company with activities in Colombia.
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Fortune Bay Corp. (TSXV:FOR) (Frankfurt:5QN) has announced the start of Phase 2 exploration drilling on its Goldfields Gold Project, and a ground gravity survey on its Strike Uranium Project. The company’s CEO Dale Verran said:
"The coming year is poised to be an exciting year for the Company as we embark on implementing an expansive set of exploration plans focused on making new discoveries. In this regard, we are pleased to have started our 2022 field programs, commencing with exploration drilling at Goldfields and a ground gravity survey at Strike Uranium. Gold target generation during 2021, and a drill rig on site, has allowed us to commence the 2022 drilling at Goldfields on a compelling set of targets that lie directly between the Box and Athona gold deposits. While this program is ongoing during winter 2022, geophysical surveys at the Strike and Murmac projects are designed to prioritize targets before we commence exploration drilling for high-grade uranium in mid Q2 2022."
Rio Tinto Group (NYSE:RIO) has reached an agreement with Turquoise Hill Resources (NYSE:TRQ) and the Government of Mongolia to move the Oyu Tolgoi (OT) project forward, resulting in the latter approving the commencement of underground operations. Rio Tinto’s CEO, Jakob Stausholm, said:
"The OT underground development will consolidate Rio Tinto’s position as a leading global supplier of copper at a time when demand is increasing, driven by its role in enabling decarbonisation and electrification in the race to net zero. We will also explore additional opportunities to decarbonise the OT operations, including sourcing renewable power."
Barrick Gold Corporation (NYSE:GOLD) has announced that North Mara and Bulyanhulu, both “moribund gold mines when Barrick took over their management two years ago,” are advancing to Tier One status. This follows the mines’ combined production of more than 500,000 ounces in 2021. According to the press release, “North Mara is on track to become a fully integrated mine,” and “Bulyanhulu has been re-established as a world-class, low-cost, long-life underground mine as it achieved steady state production on the successful ramp-up of its mining and metallurgical operations in December 2021.”
Blue Star Gold Corp. (TSXV:BAU) has signed an expanded Hood River Mineral Exploration Agreement (MEA) with Nunavut Tunngavik Inc. (NTI), expanding its area by 40 percent to a total of 112 square kilometres. Grant Ewing, Blue Star Gold’s CEO, said:
"The expanded Hood River Project provides Blue Star with multiple new targets areas to assess, with some of the most compelling additional areas lying within 2 kilometres of our high-grade Flood Zone gold deposit."
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otú Fault project, with senior management based in nearby Medellín. The team’s deep roots and experience in Latin America—in both capital markets and mining—gives it the regional knowledge and operational expertise to create a world-class project.
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