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Exploring Mining Podcast Episode 136: News from (NYSE: EGO) (TSXV: QMX) (NYSE: IAG) (TSXV: WGO) (TSXV: BRG)


Point Roberts, WA and Delta, BC - January 22, 2021 ( Newswire), 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 136: News from (NYSE: EGO) (TSXV: QMX) (NYSE: IAG) (TSXV: WGO) (TSXV: BRG)


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Eldorado Gold Corporation (NYSE:EGO) has entered into a definitive arrangement agreement with QMX Gold Corporation (TSXV:QMX), wherein Eldorado will acquire all of the outstanding shares of QMX (not already owned by Eldorado) for total consideration of approximately $132 million CAD. Eldorado President and CEO, George Burns, explained:

"This transaction expands our position in the Abitibi camp and is consistent with our strategy of pursuing growth at Lamaque in Quebec, a high-quality existing jurisdiction. QMX's highly prospective land package is ideally located immediately adjacent to our current Lamaque operation and associated exploration projects in the heart of the Val d'Or gold district. Eldorado's growing financial flexibility will enable us to continue to identify and secure opportunities for prudent growth within our operating footprint."

IAMGOLD Corporation (NYSE:IAG) has reported assay results from its delineation diamond drilling program at the Gosselin Zone discovery near the Côté Gold Project in Ontario, Canada. Craig MacDougall, Executive Vice President, Growth for IAMGOLD, said:

"With the many challenges faced by the exploration team in 2020, the completion of this diamond drilling campaign was a significant achievement and has clearly brought into focus and confirmed the importance of this new discovery. The program was completed with outstanding safety performance while working cooperatively to coordinate with the numerous activities of the Côté mine site construction team. We are looking forward with anticipation to the completion of a maiden resource estimate later this year."

White Gold Corp. (TSXV:WGO) has announced results for surface sampling, mechanical trenching and rotary air blast (RAB) drilling programs on its JP Ross property, identifying gold mineralization at multiple targets, and RAB, reverse circulation (RC) and diamond drilling results on its Titan project on the Hen property in the Yukon, Canada. Highlights include a new mineralized zone grading 2.16 g/t Au over 21.0m including higher grade subzones of 5.69 g/t Au over 3.0m and 4.15 g/t Au over 5.0m at the Vertigo target.

Brigadier Gold Limited (TSXV:BRG) has reported diamond drill and surface sampling results from ongoing phase one exploration at its Picachos gold-silver project in Sinaloa, Mexico. Highlights include holes with: 9.49 g/t Au and 24 g/t Ag across 3 m, 6.24 g/t Au and 79 g/t Ag across 3 m, 7.03 g/t Au and 110 g/t Ag across 3.5 m, and 6.75 g/t Au and 44 g/t Ag across 2.5 m. Ranjeet Sundher, the company's President and CEO, said:

"We are impressed with the speed in which [Geologist] Michelle [Robinson] and her team is de-risking the Picachos Project and increasingly demonstrating its regional scale potential. With just a small portion of the asset explored to date, I'm looking forward to keeping shareholders abreast as we aggressively move forward to further define the Colomeca Vein System while also commencing examination of the large copper-molybdenum porphyry target located on the northern part of the Property."

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