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Exploring Mining Podcast Episode 99: News from (TSXV: CCB) (ASX: NCM) (TSX: XTG) (TSXV: PGZ) (TSXV: COR)

 

Point Roberts, WA and Delta, BC - September 8, 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/2020/090820-Mining.mp3

Exploring Mining Podcast Episode 99: News from (TSXV: CCB) (ASX: NCM) (TSX: XTG) (TSXV: PGZ) (TSXV: COR)

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Canada Carbon Inc. (TSXV:CCB) has sold its royalty on the Red Chris South Project Newcrest Mining Limited (ASX:NCM) for cash consideration of $225,000 CAD. Canada Carbon CEO R. Bruce Duncan said:

"We are pleased with the sale of this non-core asset which will provide additional cash that enables us to focus on Canada Carbon's core business of advancing the Miller Project."

The Miller Project to which Duncan refers is a hydrothermal lump-vein historical graphite mine located 80 km west of Montreal, and was likely the first graphite operation in Canada, according to the company's website.

Xtra-Gold Resources Corp. (TSX:XTG) has announced assay results for an additional 29 drill holes from its current resource expansion target generation program in the Zone 2 and Zone 3 maiden mineral resource footprint area, on its wholly-owned Kibi Gold Project, in the Kibi - Winneba greenstone belt, in Ghana. The company's President and CEO, James Longshore, commented:

"The confirmation of yet another typical Granitoid-hosted gold zone located over 1,500 metres to the southwest of the current Zone 2 gold resource footprint is of considerable exploration significance and highlights the discovery potential of the relatively untested Zone 3 of the Kibi Gold Project. With the recent addition of our second in-house diamond drill rig, the Company is well positioned to significantly accelerate resource growth opportunities along the over 2.5 kilometre trend-length of the Zone 2 - Zone 3 Granitoid-hosted gold system."

Pan Global Resources Inc. (TSXV:PGZ) has reported good progress - including the completion of the first five drill holes - on the phase 3 step-out drilling program in progress at the La Romana copper target in the Escacena Project, southern Spain. Pan Global's President and CEO, Tim Moody, said:

"We are very encouraged to report visual copper mineralization in all the new drill holes at La Romana. This includes multi-layer copper mineralization over intervals from several meters to more than 30m thickness. Logging and sampling of the drill core is progressing quickly and assay results awaited."

Camino Minerals Corporation (TSXV:COR) has made a drilling contract with Peru-based drilling company AK Drilling International S.A. to commence core drilling at its Los Chapitos copper project, near the coastal town of Chala in Arequipa Department, Peru. Jay Chmelauskas, Camino Minerals President & CEO, said:

"We are ready to start drilling again at Los Chapitos to follow up on our copper discovery made in 2017 and 2018. We will operate under our COVID-19 operating policies filed with the Peru Ministry of Health and will endeavour to continue our copper discovery efforts in a safe manner. Our geological team is back in the field with the goal to determine the potential size of the copper system at Los Chapitos."

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