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Exploring Mining Podcast Episode 126: News from (NYSEAmerican: GPL) (NYSEAmerican: VGZ) (TSXV: LITH) (TSXV: IXI) (TSXV: DAU)

 

Point Roberts, WA and Delta, BC - December 15, 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 126: News from (NYSEAmerican: GPL) (NYSEAmerican: VGZ) (TSXV: LITH) (TSXV: IXI) (TSXV: DAU)

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Great Panther Mining Limited (NYSEAmerican:GPL) has completed updated Mineral Reserve and Mineral Resource (MRMR) estimates for its 100 percent-owned Tucano mine in Brazil, with an effective date of September 30, 2020. Highlights include Proven and Probable (P&P) Mineral Reserves of 629K gold ounces, of which 299K ounces are open pit reserves, and Measured and Indicated (M&I) Mineral Resources totalling 953K gold ounces. Rob Henderson, the company's CEO, said:

"We have successfully replaced 2020 mining depletion and added another year to the mine life at Tucano. The updated MRMR estimate provides us with a higher level of confidence for future mine and operational planning and we are confident that, in parallel, we can unlock the larger potential of the region."

Vista Gold Corp. (NYSEAmerican:VGZ) has reported initial drill results from the ongoing drilling program at its 100 percent-owned Mt Todd gold project in Northern Territory, Australia. The company's President and CEO, Frederick Earnest, explained:

"We are encouraged by the results received so far. Over the last year, our geologists have been evaluating the potential continuity and connectivity of the mineralized structures extending from the Batman deposit northeast ~5.4 Km to the Quigleys deposit. The results of this first hole confirm our initial interpretation and suggest that additional drilling could result in the basis for an increase in the mineral resource estimates both within and outside the currently designed Batman pit. We are now drilling the third of three holes on a fence across the Batman North Extension. Should the results from these next three holes confirm an extension of the structure and mineralization that forms the Batman deposit, additional drilling could ultimately lead to future changes to the mine design."

Lithium Chile Inc. (TSXV:LITH) has completed additional sampling on its 100 percent-owned Carmona gold and silver property. Highlights include the soil sampling doubling the Au - Ag - Cu anomaly to 1.8 km2, and the uncovering of "additional copper oxide, secondary chalcocite, chalcopyrite, bornite and pyrite bearing veins and breccia zones that define a NE-SW trending 300m wide and 900m long zone with in the gold-silver-copper soil anomaly that was identified during the earlier phase of sampling." The company's President and CEO, Steve Cochrane, said:

"We continue to see excellent results coming from our exploration efforts on our Carmona prospect where we have now identified 3 separate gold and silver bearing anomalies totaling 26 square kilometers. We look forward to providing our shareholders regular updates as we continue to advance this exciting project."

Indigo Exploration Inc. (TSXV:IXI), a joint venture partner of Desert Gold Ventures Inc. (TSXV:DAU), has commenced field work at the Djimbala gold project in southern Mali, West Africa. According to the press release, "the Djimbala Permit is situated in the Yanfolila Gold Belt and is surrounded by a significant number of gold deposits, mines and prospecting permits." Jared Scharf, President and CEO of Desert Gold, said:

"I'm very pleased to see Indigo moving forward with this exciting work program. Desert Gold is a material shareholder of Indigo and as such we wish them the best of luck this coming work season."

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