Exploring Mining Podcast: News from (NYSE: $DNN) (NYSE: $GPL) (TSXV: $AGG.V) (TSXV: $ZON.V) (TSXV: $ANZ.V)
Point Roberts, WA and Delta, BC - October 31, 2019 (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 American: DNN) (NYSE American: GPL) (TSXV: AGG) (TSXV: ZON) (TSXV: ANZ)
Denison Mines Corp. (NYSE American:DNN) has successfully installed two Commercial Scale Wells within the Phoenix deposit, as part of the ongoing In-Situ Recovery field test program at the Company's 90 percent-owned Wheeler River Uranium Project in northern Saskatchewan, Canada. David Bronkhorst, the company’s VP, Operations, commented:
“We are very pleased to have completed the successful installation of the first two Commercial Scale Wells at Phoenix. As part of the Company's risk managed approach to the 2019 ISR Field Test program, we continue to build on operational successes and advance towards the completion of all of our program objectives – including the testing of the MaxPERF Drilling Tool, which has already proven to be effective when deployed in a CSW. With the varied geology interpreted at Phoenix , the ability to use MaxPERF, to mechanically engineer increased access to the existing permeability of the ore formation, bodes well for potentially normalizing the geological variations in a production environment."
Great Panther Mining Limited (NYSE American:GPL) has enhanced its management team with the appointment of Neil Hepworth as Chief Operating Officer. According to the press release, Hepworth is “a Mining Engineer with over 30 years of experience in underground mining operations and technical and operational experience in open pit mines. He has strong technical knowledge of geology and geotechnics” and “operational experience throughout Latin America, Africa and Europe, with extensive experience in Brazil and Mexico”.
African Gold Group, Inc. (TSXV:AGG) has contracted Maelgwyn Mineral Services Africa (MMSA), a world-renowned metallurgical test facility, to conduct metallurgical testing of the company’s Kobada project. MMSA was specifically contracted by SENET, the EPCM company managing the Definitive Feasibility study for African Gold Group. Danny Callow, Chief Operating Officer for AGG, commented:
“We are delighted to have MMSA on board to undertake the detailed test work on the Kobada orebody. We will undertake detailed test work on representative composite samples taken from across the concession and test the most optimal process for the design of the future Kobada metallurgical plant.”
Zonte Metals Inc. (TSXV:ZON) has discovered a second large gravity anomaly and has commenced drilling at the K6 target on its Cross Hills IOCG (Iron oxide, copper, gold ore deposits) project. The press release indicates that:
The K7 gravity anomaly, which sits adjacent to a strong magnetic high is located approximately 130m below surface and appears to be a cohesive target extending vertically. Additional work will be required in this area to help better define the full extents of the target. Outcrop exposure is limited in the target area, however, IOCG characteristics of the rock units, including potassic, calcic and sodic alteration are observed in an altered porphyritic unit.
Alianza Minerals Ltd. (TSXV:ANZ) has reported the results of 2019 fieldwork at the Horsethief Gold Property, located 26 km (16 miles) east of Pioche, NV. The results revealed “the discovery of new gold-bearing jasperoid, the identification of favourable carbonate host stratigraphy, and the mapping of alteration and structural features that may act as pathways for gold-bearing fluids at Horsethief”. Jason Weber, president and CEO of Alianza, explained:
“The 2019 exploration program was extremely successful, identifying new mineralized occurrences of jasperoid and prospective carbonate stratigraphy, illustrating potential for Horsethief to host a large gold-bearing system. However, the most interesting outcome was the identification of these features at or near the contact between Cambrian and Ordovician-aged rocks, which are known to host large sediment-hosted gold deposits such as the Long Canyon Gold Mine.”
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