Investor Ideas, Trading Ideas and Stocks to Watch : #ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $NFG.V) (TSXV: $SCZ.V) (CSE: $ACDX.C) (CSE: $PGA.C)

Monday, August 21, 2023

#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $NFG.V) (TSXV: $SCZ.V) (CSE: $ACDX.C) (CSE: $PGA.C)

#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $NFG.V) (TSXV: $SCZ.V) (CSE: $ACDX.C) (CSE: $PGA.C)

Vancouver, Kelowna, Delta, BC, August 21, 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.

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2023/082123-Mining.mp3

Read this in full at https://www.investorideas.com/news/2023/exploring-mining/08211NFG-SCZ-ACDX-PGA.asp

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New Found Gold Corp. (TSXV:NFG) has announced the successful completion of its 3-D seismic survey on its Queensway Project near Gander, in the Canadian province of Newfoundland and Labrador. The company’s COO, Greg Matheson, explained:

"Through the knowledge gained by 435,000m of drilling, we know that Queensway presents a highly faulted and complex plumbing system that has proven drillhole after drillhole to be host to high-grade gold. This environment is an ideal candidate for 3-D seismic and is expected to aid in identifying the plumbing features of this orogenic system. We anticipate that this product will greatly benefit our interpretation of the geological environment beyond the known mineralized zones and represents a long-term investment into the Queensway Project."

Santacruz Silver Mining Ltd. (TSXV:SCZ) has reported its financial and operating results for the second quarter of 2023. Highlights include the processing of 443,969 tonnes of material, the production of 5,569,535 silver equivalent ounces, and revenues of $63,854,000 in the quarter. The company’s Executive Chairman and Interim CEO, Arturo Préstamo, said:

"The Company had another solid performance during the second quarter with production, costs, and sales relatively in line with the previous quarter. We believe there is potential to upgrade our operations and are currently focusing on areas where we see opportunities for further improvement. By doing this, we aim to make processes more efficient, reduce costs, and get the most out of each of our valuable assets."

American Copper Development Corporation (CSE:ACDX) has completed the maiden drilling campaign at its 100 percent-owned Lordsburg Project in New Mexico. This included six drill holes in total, comprising 4,662 m. The company has also completed a claim staking program and has expanded its land-position to the east of the existing Lordsburg claims. Rick Van Nieuwenhuyse, the company’s Chairman, said:

"We are pleased with the completion of our first drilling campaign at Lordsburg, which came in on time and under budget. The success of our drilling has given us a good reason to stake the land immediately to the east of us to expand the footprint of this largely unexplored high grade Copper Porphyry District. We look forward to releasing all the drill results once the assays and QAQC are completed. We expect to report on assay results within a month - stay tuned!"

Pegmatite One Lithium and Gold Corp. (CSE:PGA) has discovered high-grade lithium mineralization at the Frazer Lake Mound Property in Northwestern Ontario, Canada. According to the press release, this is the first-ever lithium mineralization identified in Northwestern Ontario's Frazer Lake Mound Property. The company’s CEO Kelly Abbott said:

"This new data adds to the growing evidence of the exceptional lithium potential of the Frazer Lake Mound Property. We're excited about the implications this has for our future exploration and development strategies moving forward."

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