#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $CUU.V) (TSXV: $CCCM.V) (TSXV: $OPHR.V) (TSX: $TLG.TO) (CSE: $ST.C)
Vancouver, Kelowna, Delta, BC, March 23, 2023 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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Copper Fox Metals Inc. (TSXV:CUU) has announced its first quarter operating and financial results. Elmer B. Stewart, President and CEO of the company, said:
"The 2022 program at Schaft Creek returned a number of higher-grade mineralized intercepts within the first five-year pit outlined in the 2021 Schaft Creek Preliminary Economic Assessment. The 2023 work program includes geotechnical/metallurgical/resource drilling, metallurgical test work and a shift from quarterly to monthly environmental sampling and is budgeted at $17.2 million an increase of approximately $10 million over the 2022 budget. The 2023 exploration plans for Eaglehead, Mineral Mountain and Sombrero Butte are nearing completion and will be announced when finalized."
C3 Metals Inc. (TSXV:CCCM) has reported results from its initial scout drilling program at its 100 percent-owned Arthurs Seat Project in Jamaica, contiguous with its 100 percent-owned Bellas Gate and Main Ridge Projects to the southeast and west, respectively. According to the press release ten scout holes tested extensive epithermal quartz breccias exposed, making for “a new and emerging porphyry - epithermal belt.” The company’s President and CEO, Dan Symons, said:
“When we step back and evaluate our Jamaican portfolio, we now have 16 porphyry and 40 epithermal targets over a 30km strike after only nine months of new data collection and interpretation of historical data. We intend to begin systematically drill testing the highest priority targets along what we believe is an emerging porphyry and epithermal belt."
Ophir Gold Corp. (TSXV:OPHR) has closed the acquisition of three mining claims in James Bay, Quebec, Canada from Troilus Gold Corporation (TSX:TLG). The claims, according to the press release, are contiguous to Ophir Gold's Radis Lithium Property. Troilus will retain a 2 percent Net Smelter Royalty (NSR) on the claims, and Ophir will have the option to purchase back three-quarters of the NSR for $1,500,000.
Straightup Resources Inc. (CSE:ST) has completed its agreement to acquire a private company with an exclusive option to acquire a 100 percent interest, subject to a 2 percent net smelter returns royalty, in the Opatica lithium project, located in the James Bay region of Quebec, Canada. StraightUp, according to the press release, has also acquired the private company's subsidiary, which is developing a technological method for battery metals refining, including the processing of black mass from spent lithium-ion batteries.
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