Exploring Mining Podcast: News from (NYSE: SILV) (NYSE: GSS) (TSXV: AMY) (TSXV: AL)
Point Roberts, WA and Delta, BC - November 14, 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: SILV) (NYSE: GSS) (TSXV: AMY) (TSXV: AL)
SilverCrest Metals, Inc. (TSX: SIL.TO; NYSE American: SILV) announced expansion drill results for the Babi Vista Vein in the Babicanora Area of the Las Chispas Project located in the state of Sonora, Mexico. N. Eric Fier, SilverCrest CEO, commented:
"With the recent discovery and expansion of the Babi Vista Vein, we continue to add value through the drill bit at Las Chispas as we systematically discover and expand high-grade silver-gold mineralization in the district. These new drill results for Babi Vista are impressive, with the wider higher-grade intersections to depth being some of the widest mineralized vein intercepts on the property. The Babi Vista high-grade footprint appears to extend along vein strike, and is open to depth for further expansion. With the Babicanora Area in-fill drilling nearing completion for resource-to-reserve conversion, we are shifting our focus back to discoveries and expansion by re-allocating the drills to add to the high-grade resources, including Babi Vista. Given we have already intersected the Babi Vista Vein underground, and its close proximity to the Babicanora and Babicanora Norte veins, there is potential to incorporate Babi Vista into a conceptual mine plan which would require limited underground development. In addition to today's results, we are waiting to announce further results from over 300 drill holes (est. 70% in-fill, 30% step out) that are currently either being compiled or in the assay lab."
Golden Star Resources Ltd. (NYSE American:GSS) is continuing to intersect significant higher grade gold mineralization from infill and step out surface drilling on the southern extensions of the Wassa deposit. Highlights indicated in the press release include:
- Gold mineralization intersected on section 18,500N, 200 metres south of the current Inferred Mineral Resource demonstrates Wassa remains open for more than 1km south of existing underground infrastructure
- Infill drilling between sections 19,000N and 19,400N confirmed the continuity and grade of mineralization in this area, and helped improve the interpretation of the individual shoots
American Manganese Inc (TSXV:AMY) has reported "the successful recovery of high purity (99.98%) nickel-cobalt hydroxide from the NCA cathode scrap material received from the tier-one lithium-ion battery company referenced as Company B" in a previous press release on October 15, 2019. Kemetco Research, an independent contractor, conducted the lab studies. Larry Reaugh, President and CEO of American Manganese, explained:
"The purity results analyzed by Kemetco Research demonstrates the potential of our RecycLiCoTM patented process and sets a new benchmark for the lithium-ion battery recycling industry. We continue to pioneer a high-recovery, high-purity, and environmentally friendly cathode-to-cathode lithium-ion battery recycling solution that promotes a circular economy for the lithium-ion battery supply chain."
ALX Uranium Corp. (TSXV:AL) has received results from Orano Canada Inc. for the fall 2019 diamond drilling program at the Close Lake Uranium Project in northern Saskatchewan, Canada. Orano completed three holes totaling 2,394.0 metres in the northern part of the project, including: CL-174, where "no significant uranium was encountered in the drill hole", CL-175, where "Moderate to strong disseminated pyrite mineralization with trace amounts of graphite and chalcopyrite characterized the basement intersection", and CL-176, where "basement sample returned 43.2 ppm uranium over one metre".
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