#ExploringMining #Podcast - News from #Mining #Stocks (NYSE: $RIO) (TSXV: $HMR.V) (TSXV: $RRI.V) (CSE: $HUNT.C)
Vancouver, Kelowna, Delta, BC, July 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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Rio Tinto Group (NYSE:RIO) has entered into an agreement with Giampaolo Group, described as one of North America's largest fully-integrated metal management businesses, to form a joint venture to manufacture and market recycled aluminium products. This, according to the press release, will enable Rio Tinto “to provide a broader range of high-quality and low-carbon, primary, recycled, and blended aluminium products.” Rio Tinto CEO Jakob Stausholm said:
"Investing in recycling is part of our drive to find better ways to deliver the low-carbon materials the world needs and provides a natural extension of our industry leading primary aluminium business. We look forward to providing customers with aluminium solutions that meet their needs for low-carbon primary and recycled materials in partnership with Giampaolo Group a leader in providing recycled material in North America."
Homerun Resources Inc. (TSXV:HMR) has received a signed Material Supply Agreement regarding the supply of high purity silica sand sourced from a district-scale, fully permitted project in Bahia, Brazil. The company’s Director and CEO, Brian Leeners, said:
"I am excited to present this Supply Agreement, which is a pivotal element driving our accelerated path towards generating revenue. Our silica business strategy comprises three fundamental phases: (1) procurement, (2) efficient logistics and processing, and (3) revenues. We have been simultaneously developing all three phases, and we encourage you to stay engaged as we tirelessly strive to create exceptional value by achieving significant business milestones to the benefit of our valued shareholders."
Riverside Resources Inc. (TSXV:RRI) has acquired part of P.A.T. Gold Mine inside of the larger Pichette Project west of Geraldton, Ontario. The project was previously drilled extensively in the 1950s, and now boasts more than 1 Oz/ton Au in historical core intercepts for 1m+ intervals at 30m depth. The company’s President and CEO, John-Mark Staude, explained:
"Riverside is very excited to have acquired this new area of gold mineralization, which is on trend with the previously identified Banded Iron Formation (BIF) gold mineralization at Pichette and appears to have continuity to the west with Leitch Gold Mine BIF host rock sequence . The BIF unit extends across the project outlining a multi-kilometer target in this district of significant past gold production. The historical work comprising geophysics and drilling gives us a solid focus for advanced drilling in this part of the Geraldton Gold Belt.”
Gold Hunter Resources Inc. (CSE:HUNT) has announced the closing acquisition of five mineral license packages adjacent to its Rambler Project in Newfoundland, Canada, extending its land position by 239 percent to a total of 17,227.97 hectares. The company has also announced its Corporate Membership with the Mining Industry NL association, strengthening its position in Newfoundland and Labrador and allowing it “to leverage the association's wide-ranging advocacy, outreach, and connections within the mining sector.”
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