Investor Ideas, Trading Ideas and Stocks to Watch : #ExploringMining# Podcast - News from #Mining #Stocks (NYSE: $HBM) (NYSE: $CDE) (TSXV: $WGO.V) (TSXV: $SSVR.V)

Thursday, June 22, 2023

#ExploringMining# Podcast - News from #Mining #Stocks (NYSE: $HBM) (NYSE: $CDE) (TSXV: $WGO.V) (TSXV: $SSVR.V)

#ExploringMining# Podcast - News from #Mining #Stocks (NYSE: $HBM) (NYSE: $CDE) (TSXV: $WGO.V) (TSXV: $SSVR.V)

Vancouver, Kelowna, Delta, BC, June 22, 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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https://www.investorideas.com/Audio/Podcasts/2023/062223-Mining.mp3

Read this in full at https://www.investorideas.com/news/2023/exploring-mining/06221HBM-CDE-WGO-SSVR.asp

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Hudbay Minerals Inc. (NYSE:HBM) has completed its acquisition of Copper Mountain Mining Corporation, rendering the latter as a wholly-owned subsidiary. According to the press release, the resulting combined company is now the third largest copper producer in Canada based on 2023 estimated copper production. Peter Kukielski, Hudbay’s President and CEO, said:

“We look forward to the formal integration of Copper Mountain into our complementary portfolio of operating assets. By applying our technical expertise, we expect to unlock significant annual operating efficiencies and synergies at the mine to drive further value for shareholders. This transaction creates a larger, more resilient operating platform that enhances our copper exposure, accelerates our deleveraging efforts, and positions us to more efficiently allocate capital to prudently advance our enviable organic growth pipeline.”

Coeur Mining, Inc. (NYSE:CDE) has posted plans for a sustained 24-month exploration program beginning July 1, 2023 at its expanding high-grade Silvertip polymetallic exploration project in northern British Columbia, Canada. The company’s President and CEO, Mitchell J. Krebs, explained:

"Silvertip is one of the highest-grade undeveloped carbonate replacement deposits in the world, hosting large and growing resources of silver, zinc and lead—three minerals already playing key roles in the accelerating transition to a net-zero emissions global economy. Located in British Columbia, recent drilling at Silvertip has also identified a suite of other key critical minerals that may further support the growing strategic value of this deposit for Canada and for Coeur as a key driver of future growth."

White Gold Corp. (TSXV:WGO) has announced the start of exploration diamond drilling at the Vertigo target on the JP Ross property located in the White Gold District, west-central Yukon, Canada. The drilling, according to the press release, aims to “test a revised structural interpretation including identification of multiple untested vein sets and potential for high-grade bulk tonnage gold and silver mineralization.”

Summa Silver Corp. (TSXV:SSVR) has acquired an additional 3,985 acres of mineral rights at its high-grade silver-gold Mogollon Project near Silver City, New Mexico. The company’s CEO, Galen McNamara, explained:

"Given our strong belief that the Mogollon Project could be one of the great precious metal-rich vein fields left remaining in the United States, increasing the size of the project largely through inexpensive claim staking was a key step for us. To the north, new veins and vein-extensions have already been identified that are marked by the presence of historic prospect pits, portals and shafts. These historic workings have long been forgotten and are likely well over a century old. To the south at the historic Deadwood Mine, the Company has acquired historic data showing zones of strong mineralization in the old mine workings that we are currently digitizing."

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