#ExploringMining #Podcast - News from Mining #Stocks (NYSEAmerican: $DNN) (NYSEAmerican: $TMQ) (CSE: $KUYA.C) (CSE: $LCR.C)
September 27, 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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Denison Mines Corp. (NYSEAmerican:DNN) has announced the signing of a Shared Prosperity Agreement (SPA) with English River First Nation (ERFN) supporting the development and operation of Denison's Wheeler River Project in northern Saskatchewan, Canada. The ERFN’s acting Chief, Jenny Wolverine, explained:
“Together we built a strong deal for the Nation. We are confident that based on the size of the project and current best practices we have one of the best agreements in the entire country. As a Nation, we are now turning our attention to building our capacity for employment and training, so we are ready for the Wheeler River project and the full implementation of this important partnership."
Trilogy Metals Inc. (NYSEAmerican:TMQ) has posted an exploration update on its 100 percent-owned projects in northern Alaska. According to the press release, stream sediment and rock sampling has outlined two target areas prospective for volcanogenic massive sulphide (VMS) and shale-hosted zinc deposits at the Helpmejack Project in the eastern part of the Ambler Schist Belt. Richard Gosse, the company’s VP Exploration, said:
"The enrichments found in these stream sediments cannot be dismissed as metal scavenging and are thought to reflect the presence of zinc sulphide mineralization. Stream sediment geochemistry is the most cost-effective regional exploration method in the Ambler Schist Belt and was the method that led to the discovery of the Arctic VMS deposit. Recommended follow-up work at Helpmejack includes ridge and spur soil sampling along with mapping and rock sampling, a low-cost program to find and evaluate the source of the zinc in the stream sediments."
Kuya Silver Corporation (CSE:KUYA) has announced an update on drilling at the Silver Kings Project in Canada. This drilling is a follow up from the project’s Campbell-Crawford target, where earlier grassroots drilling intersected significant silver and cobalt mineralization (15,372 g/t silver, 0.08% cobalt over 3.34 m), both with uses in renewable energy. David Lewis, the company’s VP Exploration, said:
“Follow-up drilling at our Canadian Campbell-Crawford target is set to test the vertical and lateral extent of the grassroots Angus Vein discovery at depth in the ideal silver-cobalt mineralized zone. We also exposed two other nearby veins on surface with similar untested silver-cobalt potential at depth and all three of these veins are in close proximity and on a similar scale to major historic mines in Cobalt.”
Lancaster Resources Inc. (CSE:LCR) has submitted applications to the State of New Mexico Energy, Mines, and Natural Resources Department (EMNRD) and Bureau of Land Management (BLM) to drill up to three wells targeting both shallow and deep conductive layers on its Alkali Flat Lithium Brine Project in New Mexico. Andrew Watson, the company’s VP, Operations and Engineering, said:
“The identified targets show clear opportunities for large aquifers containing concentrated lithium brine. We are expecting our first drill hole to allow us to collect brine samples, along with rock cuttings or core, from targeted intervals, allowing us to determine the concentration of lithium and other minerals."
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