Exploring Mining Podcast 196 - (TSXV: OTGO) (NYSE: RIO) (TSXV: GGO) (TSXV: JAX) (TSXV: NOB) (TSXV: NZN)
Point Roberts, WA and Delta, BC - August 24, 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. Today's podcast was sponsored by O2Gold Inc. (TSXV:OTGO), a mineral exploration company with activities in Colombia.
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Exploring Mining Podcast 196 (TSXV: OTGO) (NYSE: RIO) (TSXV: GGO) (TSXV: JAX) (TSXV: NOB) (TSXV: NZN)
Rio Tinto Group (NYSE:RIO) has started to resume operations at Richards Bay Minerals (RBM) in South Africa, following a stabilisation of the security situation around the mine, and engagement with host communities and their traditional authorities. The company's Chief Executive of Minerals, Sinead Kaufman, said:
"The safety and security of our people has been our priority throughout and we recognise the collaboration and constructive dialogue we have had with all stakeholders to get us into a position where we can restart operations and resume contributing to the host communities, KwaZulu-Natal and South Africa. I also acknowledge the resilience and dedication shown by all our people at RBM over the past weeks."
Galleon Gold Corp. (TSXV:GGO) has entered into an agreement to sell its non-core Kidd and Carnegie properties in Ontario, Canada to Noble Mineral Exploration Inc. (TSXV:NOB), and an unnamed private company. R. David Russell, the CEO and President of Galleon Gold, said:
"We are very pleased that we have reached an arrangement with Noble that consolidates their land holdings in the Kidd and Carnegie townships and provides a platform for a broader exploration play. We look forward to becoming Noble shareholders and participating in the advancement of these properties, and other Noble holdings, through our equity interest."
Jaxon Mining Inc. (TSXV:JAX) reports that it has completed the fourth and fifth holes at Daisy North Contact Zone at the Netalzul Mt project on the Hazelton Property in B.C., Canada. Both holes (NET21-04 and NET21-05), according to the press release, "intersected sulfide quartz veining mineralization and disseminated sulfide monzonite porphyry dykes associated with mineralization at Daisy North Contact Zone." John King Burns, Chairman and CEO of Jaxon Mining, explained:
"Jaxon is on track to commence a major drill test of the deeper porphyry system at Netalzul Mt. We have collected additional trace elements and geophysical data. The team will be re-running the models to produce more accurate drill targeting vectors for the porphyry."
Nevada Zinc Corporation (TSXV:NZN) has provided an update for the ongoing progress with its multiphase pilot plant program to produce zinc sulfate monohydrate for its Lone Mountain zinc project. The company's President and CEO, Max Vichniakov, said:
"We are extremely pleased with yet another positive outcome from our bench-scale testing program. Heavy metals occur naturally in source materials used to manufacture fertilizers. Consequently, concentrations of these hazardous constituents in the resulting fertilizers and animal feed must be completely eliminated or decreased to an absolute minimum to meet industry standards. Our ability to reduce cadmium levels to less than 1ppm speaks volumes about our project and sets us on the path for a very clean, environmentally friendly, premium zinc sulfate product. Successful completion of the solvent extraction step with high zinc recoveries moves us to the final phase of our envisioned flowsheet. We are extremely pleased with the progress made to-date and anxiously await the results of the next phase."
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otu Fault project, with senior management based in nearby Medellin. The team's deep roots and experience in Latin America-in both capital markets and mining-gives it the regional knowledge and operational expertise to create a world-class project.
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