Exploring Mining Podcast 198 - (TSXV: OTGO) (TSXV: AUN) (OTC: AUNFF) (TSXV: BHS) (TSXV: STA) (TSXV: AWX)
Point Roberts, WA and Delta, BC - August 31, 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 198 – (TSXV: OTGO) (TSXV: AUN) (OTC: AUNFF) (TSXV: BHS) (TSXV: STA) (TSXV: AWX)
O2Gold, Inc. (TSXV:OTGO) has shared results of a geophysical survey from the Aparecida brownfield. Highlights include the identification of four different vein directions, among which was from the Fortaleza mine, "where channels chips with values of up to 42.3 g/t Au have been collected." All in all, the results of the survey "extend the projected vein mineralization of Aurora-Quintanillo almost 4km along strike."
Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) has provided an update regarding the restart of activities on its wholly-owned Revenue Virginius Mine in Ouray, Colorado. The mine's processing plant began commissioning with development ore on August 27, with plans for stope ore "to be processed in the near future," and a "ramp up to the full production rate of 270 short tons per day over the month of September." The company's President and CEO, Kevin Drover, said:
"These additional assay results - 15 feet below the first mining stope - which confirm the mineralization is as we expected is the key data validation point we needed to confirm that we can be successful. Mining productivity at the face has been strong and we have some of the best miners in the business working for us. While some logistics issues related to movement of ore and waste in the same underground area slowed our initial development in opening up the production stopes, these short term delays are resolvable as the stope is opened to its full length. With this grade confirmation in hand, the processing plant now moving into commissioning, and with logistics improving rapidly as the first production stope expands both north and south, we are very confident of a successful restart."
Bayhorse Silver Inc. (TSXV:BHS) has reported on underground drilling activity at its Bayhorse Silver Mine in Oregon, USA. According to the press release, the company "has established new drill stations inside the historic workings to enable the increase of its underground diamond drill program to a minimum 1,500 meters." CEO Graeme O'Neill, said:
"We are very pleased to see the extensions of what has been shown as high grade silver mineralization, as we progress with our underground access and drilling. The southerly and westerly extensions are most encouraging."
Sanatana Resources Inc. (TSXV:STA) has started exploration at the Oweegee Dome copper-gold project - which is under option from ArcWest Exploration (TSXV:AWX) - in the "Golden Triangle" of northwest British Columbia, Canada. Highlights include the confirmation of the presence of "at least two Cu-Au porphyry targets," according to the press release. Sanatana CEO Peter Miles said:
"Sanatana is both excited to initiate exploration at the Oweegee Dome project and to be working with Tyler Ruks and Jeff Kyba and their team at ArcWest Exploration. Oweegee is an underexplored copper gold porphyry system lying within a region that is a proven host for exceptional copper-gold deposits."
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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