#ExploringMining #Podcast - News from #Mining #Stocks (NYSEAmerican: $ASM) (TSXV: $NGC.V) (TSXV: $DYG.V) (TSXV: $GZD.V)
Vancouver, Kelowna, Delta, BC, May 24, 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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Avino Silver & Gold Mines Ltd. (NYSEAmerican:ASM) has reported the results of ten drill holes from below Level 17, described as “the current deepest workings of the mine.” According to the press release, this current drill campaign has extended the company’s “knowledge of the continuity of the Avino Vein to a distance of 500 meters downdip of the lowest mining level.” David Wolfin, Avino’s President and CEO, said:
"We drilled 500 metres below our current mine workings to confirm the continuity of mineralization. As we have come to expect with the Avino Vein, the drill intercept widths suggest that this area will be able to be mined by our existing low-cost bulk methods. In addition, we were delighted to discover a new veinlet within the footwall intrusive rock that was very high grade. We include both step out and infill drilling in this campaign and these new step-out holes are obviously not included in the most recent mineral resource estimate released earlier this year."
Northern Graphite Corporation (TSXV:NGC) has announced the start of a new drill program at its Lac des Iles property in Quebec, Canada, with the aim of extending the life of what is described in the press release as “the only significant producing natural graphite mine in North America.” Kirsty Liddicoat, the company’s COO, explained:
"The new drill program began on May 8th, comprises 8,000 meters of drilling and seeks to delineate additional mineralization as Northern pursues its previously stated plan to increase mine life and production capacity at LDI, including through the potential development of the Company's Mousseau West deposit located approximately 80 kilometres away.”
Dynasty Gold Corp. (TSXV:DYG) has started preparation for this year's drill program on its Thundercloud property in northwestern Ontario, Canada. Thundercloud is described as “an orogenic gold system in a greenstone belt of Archean age.” Ivy Chong, the company’s President and CEO, said:
"We are encouraged by our 2022 remarkable drill results. These are the deepest holes that were drilled into the orogenic gold system at Thundercloud. Recently, we completed a significant private placement with a lead order from Rob McEwen. Now we are well funded to further test the gold system to follow up on last year's drilling, to expand on the system at depth and test for the potential of stacked zones of high-grade gold. Final preparation is underway for our 2023 drill program that will start soon."
Grizzly Discoveries Inc. (TSXV:GZD) has acquired, by staking, additional lands of 6,600 acres in eleven mineral claims in the Beaverdell area bringing its 100 percent-owned total land package to 8,520 acres in the Beaverdell area in the Greenwood Mining District of British Columbia, Canada. Brian Testo, the company’s President and CEO, said:
"The addition of an expanded package of Beaverdell claims is a very good acquisition for Grizzly Discoveries. It enhances our 100% owned battery metals properties in the Greenwood Mining District. We look forward to the upcoming field season with a prospecting team dedicated to discovering new showings and the drilling of these new showings."
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