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Exploring Mining Podcast: News from (NYSE: AGI) (NYSE: IAG) (NYSE: GORO) (TSXV: ANZ)

 

Point Roberts, WA and Delta, BC - December 12, 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: AGI) (NYSE: IAG) (NYSE: GORO) (TSXV: ANZ)

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Alamos Gold Inc. (NYSE:AGI) has published its 2020 production and operating guidance. The operational update portion indicates that the firm is "On track to meet full year 2019 production and cost guidance", with "gold production is on track to be within the guidance range of 480,000 to 520,000 ounces". Alamos President and CEO John A. McCluskey explained:

"Alamos remains on track to achieve 2019 production and cost guidance driven by a strong year from both of our Canadian operations. Young-Davidson is having a solid year operationally while making excellent progress on the construction of the lower mine expansion. Island Gold has already established another record for annual production and free cash flow, and with the ongoing exploration success we expect a further increase in both mineral reserves and resources with our year end update."

IAMGOLD Corporation (NYSE:IAG) has exercised its option to increase its undivided interest in the Nelligan Joint Venture Project to hold an aggregate undivided interest of 75% in the property. According to the press release, "The Project hosts Mineral Resources, on a 100% basis, comprised of pit constrained Inferred Resources, totalling 96,990,000 tonnes averaging 1.02 grams of gold per tonne for 3,193,900 ounces of contained gold". Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, commented:

"The exercise of the option to increase IAMGOLD's ownership to 75% consolidates our ownership in this new discovery and further supports our view of the favourable exploration potential for the discovery of additional resources. We look forward to continuing to work with Vanstar as we advance our exploration efforts on the Project."

Gold Resource Corporation (NYSE American:GORO) is expanding its Mirador Mine with fifteen exploration drill hole results from its 2019 Alta Gracia projects drill program located at its Oaxaca Mining Unit, Mexico. The press release indicates highlights, including "3.72 meters grading 1.44 grams per tonne (g/t) gold and 990 g/t silver, including 1.00 meter grading 2.84 g/t gold and 2,610 g/t silver in a step down hole to known mineralization". Barry Devlin, Vice President of Exploration, said:

"Our 2019 drill campaign at Alta Gracia was successful in expanding the Independencia West high-grade ore shoot, as well as demonstrating continuity between prior drill holes. These results are expected to replace proven and probable reserves mined at the Mirador Mine during 2019."

Alianza Minerals Ltd. (TSXV:ANZ) has reported results from its exploration program at the KRL gold property, in British Columbia's Golden Triangle. Company President and CEO Jason Weber said:

"The 2019 program was undertaken to provide context for the high-grade gold-bearing quartz veins at the KRL Showing and to identify targets for subsequent exploration programs. The recognition of a trend of mineralized veins was an important step in defining an exploration target for us to focus on in 2020."

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