#ExploringMining #Podcast - News from #Mining #Stocks (NYSE: $GFI) (NYSE: $OR) (CSE: $USGD.C) (TSXV: $EDG.V) (CSE: $LAND.C)
Vancouver, Kelowna, Delta, BC, May 2, 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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Gold Fields Limited (NYSE:GFI) has announced a partnership with Osisko Gold Royalties Ltd. (NYSE:OR) to “develop and mine the world class underground Windfall Project in Québec, Canada.” According to the press release, Gold Fields “believes the Windfall Project is on track to become a high-quality, low-cost underground gold mine with a relatively small surface footprint and considerable growth prospects along strike and down plunge.” Martin Preece, Gold Fields Interim CEO, explained:
“We are very pleased to be partnering with Osisko to bring the high-quality Windfall Project into production and believe that this will be the first mine of several in this partnership in a highly prospective region. We have actively reviewed a range of opportunities to gain exposure to the prolific Abitibi region and believe that this deal is the opportunity which meets our requirements. We are excited to be working together with our partners to create value for all our stakeholders.”
American Pacific Mining Corp. (CSE:USGD) has entered into a definitive agreement to acquire all of the issued and outstanding common shares of Clearview Gold Inc., a private exploration company that is part of the NewQuest Capital company. Warwick Smith, CEO of American Pacific, said:
“The strategic rationale of the transaction is compelling on many levels: it provides American Pacific shareholders with the opportunity to participate in an even more diversified portfolio, which includes three active exploration projects partnered with major mining companies—Rio Tinto, Dowa Metals and Mining and now Centerra—plus discovery exposure with a growing portfolio of highly prospective exploration assets in the western USA. This private acquisition strengthens our position to create value for all stakeholders.”
Endurance Gold Corporation (TSXV:EDG) has announced that drilling will re-commence this week at the Reliance Gold Property in southern British Columbia, Canada. The plan for the property includes up to 15,000 metres of diamond drilling “designed to expand the gold zones discovered within the Royal Shear, at depth and along strike.” The company has previously completed 60 diamond drill holes for 12,606 m along 1.2 km of the 2 km long Royal Shear gold-mineralized trend, 41 of which returned drill intersections in excess of 3 m width grading at least 3.4 grams per tonne gold.
Cumberland Resources Nickel Corp. (CSE:LAND) has announced that it is securing a 100 percent interest in the Indigo Graphite Property, positioning it to be a player in the undersupplied graphite market. The Indigo Graphite Claims comprise 32 claims or 1,892.5 hectares in the Saint-Michel-des-Saints municipality, Quebec, Canada, with historic ground exploration having shown evidence of graphite consistent with other deposits in the region.
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