Point Roberts, WA and Delta, BC – September 14, 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 202 – (TSXV: OTGO) (TSXV: FOR) (OTC: FTBYF) (NYSE: HL) (NYSE: PVG) (TSXV: SPOT) (TSXV: CRE)
Fortune Bay Corp. (TSXV:FOR) (OTC:FTBYF) has reported gold assay results for the first three step-out drill holes completed at the Box gold deposit at its Goldfields Project in northern Saskatchewan, Canada. The company’s CEO, Dale Verran, explained:
“The gold intercepts received for Box to date, from relatively widely-spaced drilling, represent a substantial expansion of mineralization outside of the current resource estimate, and furthermore demonstrate the presence of high-grades within this expansion. It is clear from these results that the mineralization remains open at depth and that the Goldfields Syncline, between the Box and Athona deposits, warrants further investigation to evaluate the potential for a broader mineralized system. Our reporting of mineralized intercepts which are closer to expected true thickness has been enabled by drilling at a moderate angle toward the east – a first for Box. This approach has also allowed us to further verify our geological model and provides the data necessary for targeting high-grade vein sets. The Phase 1 drilling program is continuing at the Box deposit with an additional three drill holes completed, and a final drill hole in progress. We look forward to reporting additional results in the coming weeks following the receipt of assay data.”
“While focused, our exploration efforts have spanned our three operating mines and eight of our exploration properties. As we have adapted to operating in a pandemic, we have been able to increase drilling and expect growth in reserves and resources. We continue to have exciting results in Nevada where at Midas we are seeing similar structural controls on high-grade mineralization at Green Racer Sinter as those observed at the mine’s historically producing veins leading us to add a third drill rig and at Hollister where underground drilling will begin soon. At Greens Creek, both underground and surface drilling are giving results that should lead to reserve replacement and additional drilling in the Lil’Sore area.”
Pretium Resources Inc. (NYSE:PVG) has announced the continued intersection of high-grade gold mineralization in Phase 3 of the North Block resource expansion drill program at its Brucejack Mine in British Columbia, Canada. Highlights include seven intersections assaying above 1,000 grams per tonne of gold, including drill hole VU-3255, which assayed 493.2 grams per tonne gold over 15.0 meters, including 7,360 grams per tonne gold over 1.0 meter.
GoldSpot Discoveries Corp. (TSXV:SPOT) and Critical Elements Lithium Corporation (TSXV:CRE) have announced the results of a property-wide comprehensive target generation on the latter’s Bourier property in the Nemiscau greenstone belt in James Bay, Quebec, Canada. This includes the highlighting of lithium potential derived from GoldSpot’s proprietary Artificial Intelligence (AI) and geological interpretation. Jean-Sebastien Lavallee, CEO of Critical Elements, said:
“We are very pleased with the results of the Summer 2021 exploration program conducted on the Bourier project. The surface exploration program has confirmed that combined AI targeting and the outcrop detection conducted by GoldSpot succeeded in identifying new lithium-bearing pegmatites. These tools are extremely useful to reduce exploration cost and time, in particular the large portfolio of 700 square kilometers owned by Critical Elements.”
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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