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Exploring Mining Podcast Episode 107: News from (TSX: SKE) (NYSE: GOLD) (NYSE: SAND) (TSXV: BNCH) (TSXV: EGM)

 

Point Roberts, WA and Delta, BC - October 6, 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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Exploring Mining Podcast Episode 107: News from (TSX: SKE) (NYSE: GOLD) (NYSE: SAND) (TSXV: BNCH) (TSXV: EGM)

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Skeena Resources Limited. (TSX:SKE) has closed a previously announced transaction with Barrick Gold Inc., a subsidiary of Barrick Gold Corporation (NYSE:GOLD), and in doing so has acquired 100 percent of the Eskay Creek gold-silver project in the Golden Triangle of northwest British Columbia, Canada. The transaction closed with Barrick being issued 22.5 million common shares of Skeena, as well as warrants representing the right to acquire an additional 11.25 million common shares of Skeena.

Sandstorm Gold Ltd. (NYSE:SAND) has announced sales of approximately 12,100 attributable gold equivalent ounces with a preliminary revenue of $23.3 million during the three months ended September 30, 2020. Sandstorm was also ranked 21 on a recently-published list of the top 30 performers on the Toronto Stock Exchange over a three-year period. According to the list, Sandstorm boasts a three-year share price increase of 160 percent.

Benchmark Metals Inc. (TSXV:BNCH) has reported new results from the Cliff Creek zone, where surface to vertical depth drilling of >300 metres continues to define strong mineralization. According to the press release, the zone's deepest holes have yielded 30.63 metres (m) of 2.05 grams per tonne (g/t) gold and 107.07 g/t silver or 3.39 g/t gold equivalent, as well as 45.86 m of 1.17 g/t gold and 30.06 g/t silver or 1.55 g/t AuEq. Benchmark CEO John Williamson said:

"The results at the Cliff Creek area are showing broad higher-grade zones of previously unrecognized mineralization at depth and as a result will likely positively impact our maiden mineral resource estimate in Q1 2021. As our geological team continues to build its understanding of the Cliff Creek mineralization, we continue to discover extensive mineralization with successful modelling and drill targeting. We are applying the same principles of systematic exploration and geological interpretation to other zones in anticipation of the same impressive results."

EnGold Mines Ltd. (TSXV:EGM) has reported broad intervals of high-grade copper assays from two drill holes at the G1 Copper Zone on the company's 100 percent-owned multi-deposit Copper Gold Lac La Hache Property in the Cariboo region of British Columbia, Canada. The company's President and CEO, David Brett, said:

"While expanding G1 high copper grades to the northeast is very encouraging, the potential for a new, broad extension to the south is even more significant. We look forward to further drill results to the south, and are encouraged that our exploration model suggests potential for multiple G1-style zones along a multi-kilometer trend."

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