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Exploring Mining Podcast 200 – (TSXV: OTGO) (NYSE: GOLD) (NYSE: NEM) (TSX: IAU) (TSXV: SPOT) (TSXV: CRE) (TSXV: HSTR)

Point Roberts, WA and Delta, BC – September 7, 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.

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Exploring Mining Podcast 200 – (TSXV: OTGO) (NYSE: GOLD) (NYSE: NEM) (TSX: IAU) (TSXV: SPOT) (TSXV: CRE) (TSXV: HSTR)

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O2Gold, Inc. (TSXV:OTGO) has entered into a settlement agreement with Geominas Serviminas JV, dated September 2, 2021, to settle “approximately $176,000 of O2Gold’s outstanding cash indebtedness owing to Geominas in connection with the Company’s exploratory drill program.” Still subject to TSXV approval, the settlement will result in a cash cost of O2Gold’s drilling program being roughly $123 per meter.

Nevada Gold Mines (NGM), a joint venture between Barrick Gold Corporation (NYSE:GOLD) and Newmont Corporation (NYSE:NEM), has entered into a definitive asset exchange agreement to consolidate its South Arturo property. Specifically, NGM aims to acquire the remaining 40 percent of South Arturo from i-80 Gold Corp. (TSX:IAU), in exchange for the Lone Tree and Buffalo Mountain properties. Greg Walker, Executive Managing Director of NGM, explained:

“This is a win-win transaction for both Nevada Gold Mines and i-80. Through the acquisition of Lone Tree, an asset not being utilized by NGM has become a transformational asset for i-80. In return, NGM’s acquisition of i-80’s 40% of the South Arturo Joint Venture secures additional ounces with both open-pit and underground optionality for our Carlin operation. We are excited for the opportunities and growth this deal will bring to both parties which will strengthen the mining industry in Nevada providing benefits for all.”

GoldSpot Discoveries Corp. (TSXV:SPOT) and Critical Elements Lithium Corporation (TSXV:CRE) have uncovered potential Lithium-Tantalum targets within the Nemiscau greenstone belt using the former’s “proprietary Artificial Intelligence (AI) and geological interpretation.” Vincent Dube-Bourgeois, CEO of GoldSpot Discoveries, said:

“I’m thrilled to announce the results of our investigation and analysis of Critical Element’s claims sourced from our team’s extensive digital extraction of assessment files, government data and academic studies. This dataset provided outcrop/sample description, bedrock geology, geochemical analyses, and geophysical surveys which generated lithium-tantalum, copper-nickel, and gold focused targets, using our geological and machine learning methods. We look forward to working with the Critical Elements exploration team to validate these targets and further advance the claims.”

Heliostar Metals Ltd. (TSXV:HSTR) has reported results from the first seven Reverse Circulation (RC) holes completed at the Aquila target in 2021 on its Unga project in Alaska. Highlights include hole AQRC21-09, which saw 6.51 g/t gold over 3.05 m from 28.96 metres. Heliostar’s VP of Exploration, Sam Anderson, explained:

“The geological interpretation is that Aquilla is just the top of a mineralized zone and our next step is to undertake diamond drilling to define the full extent of mineralization at depth and along strike. Unga is an extremely large, 250 square kilometre, land package and this current drill program is designed to rapidly test the highest probability targets with RC drilling ahead of a systematic diamond drilling program with a goal of growing the projects existing resource to greater than 1,000,000 ounces of gold.”

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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