Point Roberts, WA and Delta, BC – November 9, 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 220 – (TSXV: OTGO) (TSXV: DEFN) (OTCQB: DFMTF) (ASX: NCM) (NYSE: PVG) (NYSE: AA) (TSXV: WGO)
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has completed the 2021 drilling program at its Wicheeda Rare Earth Element (REE) deposit, having drilled a total of 5,349 metres in 29 holes in an effort to expand the deposit and further upgrading existing resources to measured and indicated categories. According to the press release, the Wicheeda deposit currently “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. Defense Metals CEO Craig Taylor said:
“We are pleased to have completed our 2021 drilling campaign. Our expectation is of expanding and upgrading the current Wicheeda REE Deposit mineral resource. We believe the 2021 drilling results, once released, will firmly place the Wicheeda REE Deposit among the most significant rare earth deposits in North America.”
Newcrest Mining Limited (ASX:NCM) has entered into an agreement to acquire all of the issued and outstanding common shares of Pretium Resources Inc. (NYSE:PVG). Newcrest’s Managing Director and CEO, Sandeep Biswas, commented:
“The combination of Newcrest and Pretivm will create the leading gold miner in British Columbia’s Golden Triangle, operating both the Brucejack and Red Chris mines. Both companies share similar philosophies with respect to safety, the environment, developing their people, engaging with local communities and investing for growth.”
Alcoa Corporation (NYSE:AA) has unveiled a technology roadmap to support its vision of reinventing the aluminum industry for a sustainable future. The roadmap consists of: “The Refinery of the Future,” which aims to enable decarbonization of the alumina refining process, “The ASTRAEA metal purification process,” and “The ELYSIS(TM) joint venture technology that eliminates all greenhouse gases from the traditional smelting process.” Alcoa’s President and CEO Roy Harvey said:
“Our technology roadmap represents an array of next-generation solutions that could significantly reduce emissions across the upstream value chain and concurrently generate significant stockholder value. Our Refinery of the Future design and the ELYSIS zero carbon smelting technology, as just two examples, not only aim to reduce costs and improve efficiency in aluminum production, but target complete reduction of greenhouse gas generation from their respective production processes.”
White Gold Corp. (TSXV:WGO) has reported assay results for its recently completed diamond drilling program on the Ryan’s Surprise target and northernmost part of the Ulli’s Ridge target. David D’Onofrio, the company’s CEO, said:
“We are very pleased to have encountered additional zones of significant gold mineralization and further expand the large footprint of mineralization at the Ryan’s Surprise, which remains open in multiple directions. These results continue to demonstrate the expansiveness of gold mineralization in the White Gold district and the potential for continuing to increase our already significant defined resource base. The continued exploration success increases our optimism for the prospectively of our district scale land package and we are looking forward to the results from the other high priority targets tested this year.”
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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