Point Roberts, WA and Delta, BC – July 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.
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Exploring Mining Podcast Episode 182 – News from (TSXV: AUN) (OTC: AUNFF) (NYSE: CCJ) (NYSE: SAND) (TSXV: VIZ)
Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) has reported results of the first assays after accessing the Virginius Vein on the 1800 level, as well an update on progress towards first production on its Revenue-Virginius mine. Initial samples from the aforementioned vein assayed 38.611 ounces per ton (opt) of silver equivalent over a vein width of 2.5 feet, including 85.782 opt of silver equivalent over 0.6 feet. The press release indicates that Revenue-Virginius is on track to reach full production of 270 short tons per day (stpd) by September 2021.
Cameco Corporation (NYSE:CCJ) has entered into a Memorandum of Understanding with GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel-Americas (GNF) to explore several areas of cooperation to advance the commercialization and deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the world. Tim Gitzel, President and CEO of Cameco, said:
“Nuclear power will play a massive role in the global shift to zero-carbon energy, generating a lot of momentum for emerging SMR and advanced reactor technologies. Cameco intends to be a go-to fuel supplier for these innovative reactors. We’re looking forward to working with GEH and GNF to see what opportunities might exist around their novel SMR design.”
Sandstorm Gold Ltd. (NYSE:SAND) has announced that it has sold roughly 18,000 attributable gold equivalent ounces and realized a preliminary revenue of $32.4 million in the three months ended June 30, 2021, both new company records. According to the press release, the “preliminary cost of sales, excluding depletion for the three month period was $4.1 million resulting in cash operating margins of approximately $1,570 per attributable gold equivalent ounce.”
Visionary Gold Corp. (TSXV:VIZ) has closed its previously announced acquisition of approximately 6,000 acres of state leases and unpatented mining claims from Innovative Exploration Ventures, LLC (IEV) for $99,000 CAD. The company also acquired IEV’s statewide geologic database, which comprises: airborne magnetics, geochemical data, structural and lithological maps, drillhole database and sample library. Wes Adams, CEO of Visionary, said:
“We are pleased to announce the closing of our acquisition of IEV’s large land and data package and have already begun delineating priority areas for systematic exploration this summer on the newly acquired lands. Our primary focus for May and June was to prepare for our maiden drill program at our flagship Wolf Gold Project, which will commence imminently. We look forward to providing updates on drilling at Wolf as well as summarizing exploration progress on both new and existing prospects in the coming weeks and months.”
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