Exploring Mining Podcast: News from (NYSE: BTG) (NYSE: AU) (NYSE: SA) (TSXV: BNCH) (TSXV: DEC)
Point Roberts, WA and Delta, BC - January 23, 2020 (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: News from (NYSE: BTG) (NYSE: AU) (NYSE: SA) (TSXV: BNCH) (TSXV: DEC)
B2Gold Corp. (NYSE American:BTG) has announced positive results from its Updated Preliminary Economic Assessment (PEA) for the Gramalote Ridge deposit at the Gramalote gold project in Colombia. The project is a joint venture between B2Gold and AngloGold Ashanti Limited (NYSE:AU). An excerpt from the PEA overview reads:
The PEA was prepared by B2Gold and evaluates recovery of gold from a an open-pit mining operation that will move up to 143,000 tonnes per day ("tpd") (50.0 Mtpa), with a 30,137 tpd (11.0 Mtpa) processing plant that includes crushing, grinding, flotation, with fine grinding of the flotation concentrate and agitated leaching of both the flotation concentrate and the flotation tails, followed by a carbon-in-pulp recovery process to produce doré bullion.
Seabridge Gold Inc. (NYSE:SA) has completed a drilling campaign at its 100 percent-owned Snowstorm Project in Northern Nevada. According to the press release, the drilling program "confirmed the presence of structures and stratigraphy similar to Turquoise Ridge and Twin Creeks, two successful gold mines located just a few kilometers southwest of Snowstorm on the Getchell Trend." The company's Chairman and CEO, Rudi Fronk, explained:
"We acquired Snowstorm in 2017 because we think it has an excellent chance to host a Getchell-style deposit. Nothing we have learned to date has downgraded this opportunity. We have identified the favorable stratigraphic host for a Getchell style deposit as well as similar structures which fed the deposits to the south. These occurrences are challenging to find because they are not very large and they are hidden under younger volcanic cover. However, all the data suggests to us that we're in the right neighborhood. We think a detailed interpretation of last year's data now in progress will help us vector towards a discovery."
Benchmark Metals Inc. (TSXV:BNCH) has reported that drill hole 19DRDD003 "intersected 1.26 g/t gold and 37.82 g/t silver or 1.73 g/t AuEq across 70.00 metres core length, including 47.40 g/t gold and 1111.00 g/t silver or 61.28 g/t AuEq across 0.99 metres core length" at Duke's Ridge. John Williamson, CEO of Benchmark, commented:
"Once again this result from the Duke's Ridge-Phoenix corridor has delivered an excellent broad zone of bulk-tonnage and high-grade Phoenix style mineralization. This key resource zone will be a focus for the 2020 exploration program while continued confirmation of near surface mineralization has potential for open pit mining methods with little to no overburden and low stripping ratios."
Decade Resources Ltd. (TSXV:DEC) has been assessing all previous data on the Del Norte property, which comprises 5,830.16 ha in 13 separate claims, in order to finalize its 2020 field season plans. Company President Ed Kruchkowski said:
"I have been involved in exploration programs on this property as a consultant on behalf of Teuton from 1992 to 2005. The sheer size of the property and numerous showings present excellent exploration opportunities. With the recent ice retreat, it is expected that even more mineral showings will be exposed."
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