Exploring Mining Podcast Episode 161 - News from (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: RIO) (TSXV: KNC) (CSE: PAU)
Point Roberts, WA and Delta, BC - April 22, 2021 (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 160 - News from (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: RIO) (TSXV: KNC) (CSE: PAU)
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has received the formal Wicheeda Rare Earth Element (REE) Project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. Defense Metals CEO Craig Taylor commented:
"Since initiating its option to acquire 100% of the Wicheeda REE Project in late 2018 and subsequently collecting a 26-tonne bulk sample, Defense Metals has rapidly advanced Wicheeda from an attractive prospect to a compelling resource-stage project. Flotation and hydrometallurgical flowsheet development was completed in parallel with our highly successful 2019 diamond drill campaign that led to an upgraded and expanded mineral resource estimate. We are now excited to take the next step in demonstrating scale-up operability of the Wicheeda REE beneficiation process, leading to the production of a saleable NdPr (Neodymium) oxide product."
Rio Tinto Group (NYSE:RIO) has reported its first quarter production results. HIghlights include Pilbara iron ore shipments of 77.8 million tonnes, up 7 percent over Q1 2020, but production of 76.4 million tonnes, which was 2 percent lower than Q1 2020. The company's CEO, Jakob Stausholm, said:
"We achieved an overall solid operating performance in the first quarter. We have maintained guidance ranges in all our products, with site teams successfully managing the effects of significant rainfall, in particular at our Australian iron ore assets."
K9 Gold Corp. (TSXV:KNC) has received approval from the Newfoundland and Labrador Mineral Lands Division for a 20-hole, 5000 metre drill program on its Stony Lake project in central Newfoundland, Canada. According to the press release, the firm "is now preparing to mobilize its geological crew the first week of May to Grand Falls - Windsor to commence the summer program which is planned to include drilling, trenching, extensive soil sampling and mapping/prospecting."
Provenance Gold Corp. (CSE:PAU) has executed a definitive share purchase agreement to acquire all of the outstanding share capital of Cariboo Gold Producers Inc., who controls the rights to the Mineral Hill silver property in Nevada. Rauno Perttu, Provenance's CEO, commented:
"We now have three excellent Nevada properties, and believe each has the potential to become a very significant new discovery. We are working swiftly to advance our properties, with Silver Bow having been initially drilled and awaiting assays, and initial drilling at White Rock planned to begin in May. We now need to get recognition of the Company and the high quality of our projects and are initiating that effort. This is a very exciting time for our company."
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