Exploring Mining Podcast 209 - (TSXV: OTGO) (TSXV: AUN) (OTC: AUNFF) (CSE: HWG) (TSXV: BNCH) (TSXV: PER)
Point Roberts, WA and Delta, BC - October 6, 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 209 - ( TSXV: OTGO) (TSXV: AUN) (OTC: AUNFF) (CSE: HWG) (TSXV: BNCH) (TSXV: PER)
Lateral development on the 1800 level is progressing well; the first stope ore came online from the 1800 level on September 25th. Geological sampling of development headings shows an average weighted silver equivalent grade of 39 ounces per short ton, with grades as high as 196 ounces per short ton (AgEq/ton) compared to the modeled grades in the same area of approximately 27 AgEq/ton.
Headwater Gold Inc. (CSE:HWG) has acquired the Midas North gold-silver project through claim staking in northern Nevada. In particular, it has acquired a 100 percent interest in "a large, undrilled epithermal alteration cell immediately north of and adjoining," Hecla Mining Company's (NYSE:HL) Midas mine. Headwater's President and CEO, Caleb Stroup, said:
"It is very rare to have the opportunity to stake such a large, untested epithermal alteration cell in a prolific high-grade Nevada mining district. The Midas mine complex immediately to the south serves as a clear geologic analog, with over two million ounces of gold and over 25 million ounces of silver historically produced from high-grade epithermal veins at Midas between 1998 and 2019 by operators such as Franco-Nevada, Newmont and Hecla.
Benchmark Metals Inc. (TSXV:BNCH) has reported new results from an initial series of drill holes at the Connector Zone that have successfully delineated near-surface continuity of gold and silver mineralization between the Cliff Creek Deposit and the Dukes Ridge Deposit. Highlights include 41.15 metres (m) core length of 1.31 grams per tonne (g/t) gold and 30.77 g/t silver or 1.69 g/t gold equivalent (AuEq) in drill hole 21CCRC016, as well as 10.67 m of 3.45 g/t gold and 181.81 g/t silver or 5.72 g/t AuEq in drill hole 21DRRC005.
Peruvian Metals Corp. (TSXV:PER) has provided a mineral processing update for its 80 percent-owned fully permitted Aguila Norte processing plant in Northern Peru. During Q3, the plant processed a record 7,934 tonnes, making for an accumulative total of 19,825 tonnes for 2021. The company's CEO, Jeffrey Reeder, said:
"We are pleased that we have already achieved a record processing year in 2021 at Aguila Norte. We are continually improving the financial position of the Company and as such we have started a review of our 100% owned properties with the intention to identify our own resources of mineral."
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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