Exploring Mining Podcast: News from (TSXV: WGO) (NYSE: NEM) (NYSE: WRN) (NYSE: IAG) (NYSE American: AXU) (TSXV: AGG)
Point Roberts, WA and Delta, BC - December 5, 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 (TSXV: WGO) (NYSE: NEM) (NYSE: WRN) (NYSE: IAG) (NYSE: AXU) (TSXV: AGG)
White Gold Corp. (TSXV:WGO) has staked three strategic claim blocks totaling 689 mining claims contiguous to the its White Gold property, Newmont Goldcorp's (NYSE:NEM) Coffee project and Western Copper and Gold Corporation's (NYSE:WRN) Casino project, all of which are located in the White Gold District, Yukon, Canada. Of the three claims stakes: "Kodiak" contains 111 claims contiguous to the White Gold property and 10km north of Newmont's Coffee deposit, "Kirkman" contains 272 claims extending south of Kodiak, also north of Newmont's Coffee and south of the White Gold property, and "Tea" contains 306 claims contiguous to Newmont's Coffee project on the south. White Gold CEO David D'Onofrio explained:
"Our recent high-grade, near surface Titan discovery and last year's Vertigo, Ryan's Surprise and other discoveries continue to demonstrate the success of our proprietary, methodical data-based exploration strategy and the prospectively of our extensive land package in the prolific White Gold District. The Kodiak, Kirkman and Tea properties have similar geological characteristics to our White Gold property and/or the Coffee project and are strategic additions to our land package."
IAMGOLD Corporation (NYSE:IAG) has filed a National Instrument 43-101 Technical Report (NI 43-101) supporting the initial Mineral Resource estimate for the Nelligan Gold Project, in Quebec, Canada. In an October 22 press release regarding the initial Mineral Resource, Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, commented:
"The completion of this initial resource estimate reported for Nelligan is an important milestone which solidifies this new grassroots discovery by the IAMGOLD exploration team. The discovery of the Renard Zone builds on the initial discoveries made by Vanstar which originally highlighted the exploration potential of this area and motivated our participation in the project. I would like to point out that we have advanced this project from the initial grassroots discovery of the Renard Zone to the declaration of a sizable mineral resource in just three years. I congratulate our exploration team on their efforts which have led to this outstanding discovery."
Alexco Resource Corp. (NYSE American:AXU) has reported final results from its 2019 drilling program at the Keno Hill Silver District property in the Yukon Territory, Canada. Alexco CEO Clynt Nauman commented on the property's Inca discovery:
"The Inca discovery reflects the increasing confidence our geology team has in predicting the geological setting in which these deposits occur at Keno Hill. It is another blind discovery that is open along strike and down dip, but perhaps more importantly it is within a favourable structure which has at least 800 meters of untested strike length in rocks which are known to host most of the silver deposits in the district. Clearly, more work is required in 2020 to better understand the importance of the Inca discovery."
- Drill hole KP19_P1_17 returned 1.59 g/t gold over 11.0 metres (m), including 19.0 g/t gold over 0.80 m
- Drill hole KP19_P1_17 returned 6.39 g/t over 1.0 m
- Drill hole KP19_P1_18 returned 11.6 g/t gold over 1.55 m
- Drill hole KP19_P1_18 returned 5.96 g/t gold over 1.0 m
- Drill hole KP19_P1_03 returned 3.09 g/t gold over 2.50 m
Dr. Andreas Rompel, the company's VP of Exploration, commented:
"We are very happy to have completed the Phase 1 drilling campaign aimed at confirming and upgrading the resource confidence level. And we are keenly expecting the remaining results to complement our already published high-grade intersections in the area of the open pit which exceeded our expectations."
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