Point Roberts, WA and Delta, BC – September 30, 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 Episode 207 – (TSXV: OTGO) (TSXV: FOR) (OTC: FTBYF) (TSXV: DEFN) (OTCQB: DFMTF) (NYSEAmerican: NG) (TSXV: SPOT) (TSXV: BMK)
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Fortune Bay Corp. (
TSXV:FOR
) (
OTC:FTBYF
) has
announced
the Goldfields West Uranium Project, comprising “the western claims of the Company’s flagship Goldfields Project in northern Saskatchewan.” Fortune Bay CEO Dale Verran said:
“We are pleased to announce a second uranium project in proximity to the Company’s active flagship gold assets and operational hub in Uranium City. The Project provides Fortune Bay and its shareholders with additional discovery potential amidst a strengthening uranium market. Goldfields West includes an extensive package of favorable host rocks which have not seen any significant uranium exploration since the 1980’s due to a focus on gold exploration. Historical work, which includes some noteworthy drill intersections, indicates the Project has the hallmarks of a prospective uranium corridor and warrants the application of modern exploration models and methods to target high-grade unconformity-related, basement-hosted uranium deposits.”
Defense Metals Corp. (
TSXV:DEFN
) (
OTCQB:DFMTF
) has
provided
a progress update for its ongoing Wicheeda Rare Earth Element (REE) Project economic scenario analysis being conducted by SRK Consulting (Canada) Inc. The project, according to the press release, has “indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO.” The company’s CEO, Craig Taylor, said:
“We are extremely pleased with the progress of the defined stages of the scenario analysis. Subject to successful results of the completed scenario analysis our goal is to be in a position to report our PEA to market by mid-November of this year.”
NovaGold Resources Inc. (
NYSEAmerican:NG
) has
reported
its 2021 third quarter financial results, as well as an update on its Tier One Donlin Gold project. Highlights include assays from 29 holes, comprising about 7,500 meters of drilling, and examples of high-grade drill-hole intercepts including hole DC-1970 intersecting 92.02 m grading 7.8 g/t gold.
Goldspot Discoveries Corp. (
TSXV:SPOT
) has been
engaged
by MacDonald Mines Exploration Ltd. (
TSXV:BMK
) to help in the exploration of the latter’s 100 percent-owned SPJ Project in Northern Ontario. Goldspot will apply its proprietary artificial intelligence and machine learning to “help delineate drill-ready targets for high-grade gold mineralization, as well as identify prospective areas regionally.” Denis Laviolette, Executive Chairman and President of GoldSpot, said:
“GoldSpot is excited to provide our proprietary technology to MacDonald Mines. The size of the SPJ Project’s land package is substantial and we believe the large number of potential targets on the property are ripe for further analysis and refining under our team’s technological and geological guidance.”
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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