Investor Ideas, Trading Ideas and Stocks to Watch : #ExploringMining #Podcast 309 - News from (NYSE: $TRQ) (NYSE: $AGI) (NYSEAmerican: $XPL) (CSE: $SCV.C)

Wednesday, November 16, 2022

#ExploringMining #Podcast 309 - News from (NYSE: $TRQ) (NYSE: $AGI) (NYSEAmerican: $XPL) (CSE: $SCV.C)

#ExploringMining #Podcast 309 - News from (NYSE: $TRQ) (NYSE: $AGI) (NYSEAmerican: $XPL) (CSE: $SCV.C)

Vancouver, Kelowna, Delta, BC, November 16, 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.

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https://www.investorideas.com/Audio/Podcasts/2022/111622-Mining.mp3

Read this in full at https://www.investorideas.com/news/2022/exploring-mining/11161TRQ-AGI-XPL-SCV.asp

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Turquoise Hill Resources Ltd. (NYSE:TRQ) has announced its financial results for the three month period ended September 30, 2022. The company posted a revenue of $391.1 million in the quarter – down from $662.1 million in Q3 of 2021. This drop is attributed to “decreases in copper and gold production,” and “decreases in average copper and gold prices.” Turquoise Hill’s Interim CEO, Steve Thibeault, commented:

“From a production perspective, we increased our gold production guidance for the year and are on track to meet our revised copper production guidance.”

Alamos Gold Inc. (NYSE:AGI) has reported new results from ongoing surface exploration drilling at its higher-grade underground deposit Puerto Del Aire, extending high-grade gold mineralization outside of Mineral Reserves and Resources. John A. McCluskey, the company’s President and CEO, said:

“These exploration results highlight the significant potential to add higher-grade Mineral Reserves and Resources at Puerto Del Aire. They are also a further demonstration of the potential within the Mulatos District and our long-term track record of exploration success. Mulatos began producing in 2005 with a mine life of approximately seven years. Seventeen years later, the mine has produced 2.5 million ounces of gold and still had a six year Mineral Reserve life as of the end of 2021.”

Solitario Zinc Corp. (NYSEAmerican:XPL) has discovered a new area of high-grade gold and silver mineralization at surface and has also significantly expanded its land position in South Dakota. According to the press release, assay results from the Geyser prospect area of the newly acquired Ponderosa Property “range from 1.1 grams per tonne gold to 94.2 gpt gold.” Chris Herald, the company’s President and CEO, said:

“A significant number of additional samples have been collected in the Geyser area, extending hundreds of meters in all directions. We look forward to releasing the results of these samples as they become available."

Scotch Creek Ventures Inc. (CSE:SCV) has added 54 claims adjacent to its 100 percent-owned Macallan East Lithium project, thereby increasing the project's total acres to 6,360 acres, and making Scotch Creek one of the largest lithium landholders in Clayton Valley. According to the press release, the Macallan East project “now lies on trend South-Southeast (SSE) of one of the world's most prolific lithium claystone belts.”

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