Point Roberts, WA and Delta, BC – December 1, 2021 (Investorideas.com Newswire) 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. Today’s podcast was sponsored by
O2Gold Inc.
(
TSXV:
OTGO
), a mineral exploration company with activities in Colombia.
Listen to the podcast:
Exploring Mining Podcast 226 – (TSXV: OTGO) (NYSE: GOLD) (NYSEAmerican: NG) (NYSE: IAG) (TSXV: NICU)
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O2Gold, Inc. (
TSXV:
OTGO
) has provided an
update
on its ongoing drill campaign at the Aurora target. The press release indicates that “all holes drilled to date have crossed a continuous mineralized zone more than 450 meters in strike, where a quartz vein with sulfides shows a downdip extension of more than 150 meters,” and that “the results obtained in the mineralized quartz vein show an average apparent thickness of 0.71 meters and a weighted average grade of 6.27 g/t Au, with values in enrichment zones up to 20.11 g/t Au.”
Mark Bristow, CEO of Barrick Gold Corporation (
NYSE:GOLD
), and Greg Lang, CEO of NovaGold Resources, Inc. (
NYSEAmerican:NG
),
visited
the Donlin Gold project in Alaska – owned 50/50 by both companies – where they met with local stakeholders and state officials to reaffirm support for the project. Bristow commented:
“Getting together in Alaska, visiting the Donlin project site and sitting down with stakeholders drove home the significance and importance of Donlin to both partners. We have a unique opportunity to progress a world-class project in both a jurisdiction and with local partners that recognize the contribution such an asset can bring to the lives of future generations of Alaskans. Our priority is to do that responsibly and sustainably and it is an illustration of Barrick’s and NOVAGOLD’s strong partnership that we were able to have such a productive workshop and come away with next steps to move the project forward.”
IAMGOLD Corporation (
NYSE:IAG
) has
announced
results from its 2021 exploration infill drilling program completed at the Diakha deposit on its wholly owned Diakha-Siribaya Gold project in western Mali. Craig MacDougall, the company’s Executive Vice President of Growth, said:
“The data from this program will help improve the current deposit model and support the completion of an updated mineral resources estimation as we continue to advance towards our objective of increasing total indicated resources to above 1.5 million ounces.”
Magna Mining Inc. (
TSXV:NICU
) has
announced
that the next phase of exploration at the Shakespeare Ni-Cu-PGM Project will start in early January 2021, following the completion of a $3.14 million flow through financing on November 3. The company also recently completed a borehole electromagnetic (EM) survey. Magna’s CEO Jason Jessup explained:
“The results of these new downhole electromagnetic surveys at our P-4 discovery indicate that there is a conductive zone extending to depth, well below the mineralized intersections in the first discovery holes that we reported in September of this year. It is particularly encouraging to have the conductivity increasing at depth. We are prioritizing our drilling in January to test some significant step-outs from the previous drilling and see how big this system gets at depth and along strike. The EM survey results are exactly the sort of indications you would expect to see in semi-massive or massive sulphide nickel and copper discoveries in the Sudbury region.”
Exploring Mining Podcast Sponsor
O2Gold Inc
. (
TSXV:
OTGO
) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otu Fault project, with senior management based in nearby Medellin. The team’s deep roots and experience in Latin America-in both capital markets and mining-gives it the regional knowledge and operational expertise to create a world-class project.
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