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Exploring Mining Podcast: News from (NYSE: GOLD) (TSXV: PRG) (NYSE: IAG) (TSXV: ALTA) (TSXV: AFF)

 

Point Roberts, WA and Delta, BC - June 18, 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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https://www.investorideas.com/Audio/Podcasts/2020/061820-Mining.mp3

Exploring Mining Podcast: News from (NYSE: GOLD) (TSXV: PRG) (NYSE: IAG) (TSXV: ALTA) (TSXV: AFF)

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Barrick Gold Corporation (NYSE:GOLD) has begun exploration and field work at Precipitate Gold Corp.'s (TSXV:PRG) 100 percent-owned Pueblo Grande Project in the Dominican Republic. The latter's President and CEO, Jeffrey Wilson, explained:

"We are pleased with the commencement of work by Barrick on our Pueblo Grande project. The timely start-up of exploration initiatives closely following the easing of certain in-country COVID-related restrictions speaks to Barrick's commitment to promptly initiate meaningful programs to explore and advance the project as efficiently and systematically as possible. We're specifically encouraged by Barrick's initial focus within the Lithocap Zone where Precipitate had previously identified multiple prospective targets. Barrick's unique and extensive experience with the style of high sulphidation mineralization being targeted offers Precipitate shareholders leverage to critical exploration expertise. The earn-in agreement's requirement for Barrick to incur a minimum US$2.0M in exploration before the second anniversary, and Barrick's intent to conduct a 2,500 metre drill program within the first two quarters of the agreement term, suggests the potential for important near-term exploration updates and results as Barrick's work advances. We look forward to reporting any additional updates as they become available."

IAMGOLD Corporation (NYSE:IAG) has announced initial assay results from its 2020 exploration diamond drilling program completed at its Nelligan joint venture project in Quebec, Canada. Craig MacDougall, Senior Vice President, Exploration for IAMGOLD, said:

"The drilling program continued to intersect the expected alteration and associated mineralization within the resource area, and importantly has demonstrated that the alteration system remains open along strike to the west outside of the current modeled resource for potentially another 500 metres. Additional drilling is needed to assess this potential and we look forward to the resumption of our drilling activities once conditions allow us to do so in a safe manner."

Altamira Gold Corp. (TSXV:ALTA) has appointed Edgar Barrios as senior mining consultant, who will be tasked with managing the construction of the mine and 1000t/d processing plant at the Cajueiro gold project in Brazil. Altamira's President and CEO, Michael Bennett, said:

"We are very excited to have Mr. Barrios join our team. Edgar brings a wealth of knowledge and extensive experience on small and large scale gold operations in South America. Not only has he held senior operating roles at larger companies, he is a metallurgist by training and has hands on experience in designing and installing carbon-in-leach circuits and operating plants. His technical expertise will be invaluable as we advance our Cajueiro gold project into production."

Affinity Metals Corp. (TSXV:AFF) has completed drilling the first hole on the West Timmins property in Ontario, Canada. According to the press release, the "hole was drilled to a depth of 525 meters," and "core logging and sampling will commence shortly," with analysis to follow. The property adjoins to the Melkior Carscallen project, which "recently made a significant gold discovery," according to the press release.

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