#ExploringMining #Podcast - News from #Mining #Stocks (NYSE: $SA) (NYSE: $AG) (CSE: $API.CN) (TSXV: $GGO.V)
Vancouver, Kelowna, Delta, BC, July 18, 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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Seabridge Gold Inc. (NYSE:SA) has commenced drilling at its wholly-owned 3 Aces project in Canada's Yukon territory to complete the testing of a comprehensive exploration model. The company plans to complete 7,500 meters of core and reverse circulation drilling in the Central Core Area (CCA) of the project, with initial targets focused on expanding mineralized zones on the Hearts and Spades targets. Rudi Fronk, Seabridge’s Chairman and CEO, said:
“Our team has been refining our new model and checking its concepts against field observations. They believe this model will provide the basis to integrate past and current drill results into meaningful zones of mineralization. We expect this program will help us prioritize mineralized zones and take us steps closer to delineating resources."
First Majestic Silver Corp. (NYSE:AG) has announced positive drilling results from its ongoing exploration programs at San Dimas, Santa Elena, and Jerritt Canyon. Keith Neumeyer, the company’s President & CEO, explained:
"The recent drilling has accomplished multiple goals from confirming new geologically prospective areas to achieving strong intercepts for Resource to Reserve conversion. Results from the Elia and Santa Teresa veins at San Dimas highlight the potential to add new, high-grade ounces within this past-producing area.”
Appia Rare Earths & Uranium Corp. (CSE:API) has started an aggressive auger and reverse circulation (RC) drill campaign to delineate a potential resource estimate on Target #4 on its ionic clay PCH project in Goias State, Brazil. Stephen Burega, the company’s President, commented:
"Our full-time Brazilian technical team has developed a comprehensive exploration plan which is currently being executed and we are looking forward to receiving results. The plan includes a Lidar topographic survey covering approximately 1,700 ha, and 300 proposed auger and RC drill holes across our primary Target #4. Additionally, an extensive ground truthing program across the remainder of the project area is planned with initial stream sediment sampling and mapping programs."
Galleon Gold Corp. (TSXV:GGO) has entered into a purchase agreement with Daisy Mining & Land LLP to acquire seven (7) patented lode claims in Idaho, with five (5) of those claims forming the nucleus of the Neal Gold Project. Galleon has formed a new Idaho company called Golden Trove, LLC, which will make 5 yearly payments of $250,000 USD to Daisy Mining starting May 1, 2024 and ending May 1, 2028, for a total consideration of $1,250,000.
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