Point Roberts, WA and Delta, BC – June 17, 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.
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Exploring Mining Podcast Episode 177 – News from (NYSE: RIO) (TSXV: KDK) (TSXV: RDG) (TSXV: TR)
Rio Tinto Group (NYSE:RIO) has begun operations at a new commercial scale demonstration plant to produce high-quality scandium oxide at its Rio Tinto Fer et Titane (RTFT) metallurgical complex in Sorel-Tracy, Quebec. According to the press release, the plant “uses an innovative process developed by RTFT to extract high purity scandium oxide from the waste streams of titanium dioxide production, without the need for any additional mining.” The company’s Iron and Titanium managing director Stephane Leblanc said:
“For the first time, customers will benefit from a North American supply of scandium oxide for applications in solid oxide fuel cells, lasers, lighting products or as an additive to produce high-performance alloys. In less than two years, we have gone from testing a process to extract this critical material in a lab to being able to supply approximately 20% of the global market. This is a testament to our team’s capacity to think outside the box and deliver on our commitments.”
Kodiak Copper Corp. (TSXV:KDK) has added a second drill rig to its 100 percent-owned MPD copper-gold porphyry project in Southern British Columbia. The company is engaged in a fully funded drill program of up to 30,000 metres in 2021, focussing “on extending the Gate Zone where Kodiak made a high-grade copper-gold discovery at the northern end of a one kilometer long soil anomaly.” Kodiak’s President and CEO, Claudia Tornquist, said:
“It is a truly exciting time for Kodiak as we follow up on our transformative Gate Zone discovery with a fully funded, significantly larger drill program. We are pleased with the progress of the program to date and are looking forward to accelerating the drilling at the Gate Zone. Our shareholders can expect the first results from this year’s drill campaign in a few weeks and a steady flow of drill results throughout the remainder of 2021.”
Ridgeline Minerals Corp. (TSXV:RDG) has mobilized a core rig to the Carlin-East project in Elko County, Nevada, as it begins the 3,000-meter Phase II drill program at the site. The company’s Vice President of Exploration, Mike Harp, said:
“Our team has spent two years building out the geologic model at Carlin-East with the Crash Zone representing the highest potential target across the property. We view Carlin-East as a rare opportunity for a junior explorer such as Ridgeline to drill an untested target directly on trend of a world-class gold deposit. Nevada Gold Mines recent discovery at North Leeville further highlights the potential for new discoveries along this underexplored portion of the Leeville Corridor.”
Troubadour Resources Inc. (TSXV:TR) has provided an update on the status of drill results from phase 1 drilling program on its Texas Gold project. The program’s core samples, according to the press release, are “at the analytical lab and being processed,” with results “expected to be received in the next few weeks.” Company President Geoff Schellenberg commented:
“As we eagerly await results from phase 1 drilling, we are excited to get crews back to Texas to complete necessary field work in advance of a phase 2 drill program. Extending the Cabin and Doorn targets will remain our primary focus in our upcoming phase 2 drilling.”
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