#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $FSM) (NYSE: $EXK) (TSXV: $DMX.V)
Vancouver, Kelowna, Delta, BC, April 12, 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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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced that it has joined the Vancouver-based Discovery Group. Discovery Group is described as “an alliance of public companies focused on the advancement of mineral exploration and mining projects with a proven track record of generating shareholder value through responsible, sustainable, and innovative development.” John Robins, Co-Founder and Principal of Discovery Group commented:
"We are excited to welcome Defense Metals into Discovery Group. In my opinion, Defense represents a world-class opportunity in the rare earth / critical metals space. Viewed as being one of the highest grade deposits globally, and led by a strong management and technical team, Defense has all the attributes we look for in a Discovery Group company. The addition of Defense to our roster of companies, will round out the Discovery Group portfolio and will elevate the exposure of all our member companies, as we continue to educate and inform shareholders about market opportunities that exist with high quality junior mining explorers."
Fortuna Silver Mines Inc. (NYSE:FSM) has reported production results for the first quarter of 2023 from its four operating mines in Latin America and West Africa. Highlights include the production of 60,092 ounces of gold, 1,586,378 ounces of silver, 13.1 million pounds of zinc, and 9.5 million pounds of lead. The company has reiterated its 2023 annual production guidance range of 6.3 to 6.9 million ounces of silver and 282 to 320 thousand ounces of gold.
Endeavour Silver Corp. (NYSE:EXK) has reported its Q1 2023 production results. Highlights include the production of 1,623,545 ounces of silver and 9,342 ounces of gold. Dan Dickson, the company’s CEO, said:
“The year is off to a strong start. First quarter silver equivalent production increased by 18% compared to the same period last year, as Guanacevi’s elevated silver grades continue to drive increased silver production. Our operations team has continued to deliver safe production, consistently meeting or beating our plan. These results provide management with continued confidence to advance our development projects, knowing we have the capabilities and culture to deliver.”
District Metals Corp. (TSXV:DMX) has announced that its 100 percent-owned subsidiary, Bergslagen Metals, has received approval for the Viken nr 1 mineral license application that covers approximately 68% of the polymetallic Viken Deposit located in Jämtland County, central Sweden. Garrett Ainsworth, the company’s CEO, said:
“This low-cost application resulted in the Company being granted a three-year term and secures an asset with substantial exploration and development expenditures that resulted in the definition of large historic polymetallic resource estimates and positive economic studies in 2010 and 2014.”
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