#ExploringMining #Podcast Episode 89 – #Mining #Stocks News from (NYSE: $GOLD) (TSXV: $JG.V) (TSXV: $SKP.V) (TSXV: $JAX.V)
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Barrick Gold Corporation (NYSE:GOLD) has strengthened its exploration team with the appointment of geologists Aoife McGrath and Leandro Sastre in the newly created positions of vice president exploration for Africa and Middle East, and Latin America and Asia Pacific, respectively. Barrick President and chief executive Mark Bristow said:
“Exploration has always been an integral part of Barrick’s strategy of creating value and we look forward to the contribution Aoife and Leandro will make towards adding to our global mineral inventory.”
Japan Gold Corp. (TSXV:JG) has announced the start of drilling at the Ohra-Takamine Project in the Southern Kyushu Epithermal Gold Province, Japan. According to the press release, “historic records report high-grade production including: 21,000 ounces of gold mined at grades greater than 20 g/t at the Ohra mine; and a vein shoot within the Urushi mine which carried grades between 50-100 g/t gold.” The company’s Chairman and CEO John Proust said:
"We are pleased to commence the first of our 2020 drilling programs in the richly gold endowed Southern Kyushu Epithermal Gold Province. We have been very fortunate to identify and secure a Japanese drilling contractor with the capabilities to carry out our drilling program in the midst of the global pandemic.”
StrikePoint Gold Inc. (TSXV:SKP) has revealed that ongoing surface exploration work is “highly encouraging” at its 100 percent-owned Willoughby Property in BC’s Golden Triangle. The press release indicates that “assay results from the surface samples will be released in the coming weeks, in addition to announcement of the start of diamond drilling.” StrikePoint's President and CEO, Shawn Khunkhun commented:
"The focus of 2020 exploration has two objectives: first, to improve continuity of high-grade mineralization at Willoughby by targeting structural traps and second, test broad zones of early-Jurassic, intrusive-related disseminated gold mineralization similar to the large deposits at Seabridge's KSM and Iskut Properties, Pretium's Snowfield deposit and Tudor/Teuton/American Creek's exciting new Treaty Creek discovery."
Jaxon Mining Inc. (TSXV:JAX) has announced the discovery of two new diorite porphyry intrusives within a strongly silicified tourmaline-bearing hornfels area at Red Springs, which establishes “a potential connection at depth between the previously defined Backbone quartz tourmaline breccia mineralization zone at Main Cirque and the newly discovered diorite porphyry intrusives at Northwest Cirque.” John King Burns, Chairman and CEO of Jaxon, commented:
“These new observations, once added to our geological model, will be applied to the design of the drill program to test the Red Springs porphyry system. Drilling will determine the extent and grades of Cu, Au, Ag mineralization indicated by surface samples but carried deeper in the system. Each drill hole will vector in on the structural boundaries, and the IP and magnetic anomalies."
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