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Exploring Mining Podcast 232 - (TSXV: OTGO) (TSXV: FOR) (Frankfurt: 5QN) (TSXV: BNCH) (TSXV: GGO) (TSXV: PUC)

 

Point Roberts, WA and Delta, BC - December 21, 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 232 - (TSXV: OTGO) (TSXV: FOR) (Frankfurt: 5QN) (TSXV: BNCH) (TSXV: GGO) (TSXV: PUC)

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Fortune Bay Corp. (TSXV:FOR) (Frankfurt:5QN) has announced that its Board of Directors has approved the granting of 1,040,000 incentive stock options pursuant to the company's Stock Option Plan to its directors, officers, contractors and employees. Directors and officers were awarded 700,000 of the options which are exercisable at a price of $0.70 per share, expire on December 17, 2026 and vest over a three-year period.

Benchmark Metals Inc. (TSXV:BNCH) has reported its year-end summary highlights and initial plans for 2022. Highlights include 2.1 Million ounces of 1.62 grams per tonne (g/t) gold equivalent indicated for its Maiden Resource Estimate, and 83,570 metres drilled in the year. John Williamson, the company's CEO, said:

"Benchmark awaits the majority of drill results from its large 2021 drill program to expand the gold-silver deposits and to delineate the potential at new discovery areas. The 2021 program has provided significant gold-silver mineralization that will support expansion of the existing deposits in all directions. Benchmark will distribute news as it becomes available from the laboratory with a specific focus on grouping drill-holes in areas that contribute to increasing gold-silver ounces. The Company is planning a significant $30 million program in 2022 to advance engineering, permitting and add more near surface gold-silver ounces towards a Preliminary Economic Assessment followed by a Feasibility Study."

Galleon Gold Corp. (TSXV:GGO) has received approval on its survey plan for converting the West Cache Gold Project mining claims in Timmins, Ontario to land lease status. R. David Russell, President and CEO of Galleon Gold, commented:

"While our drill results have been the 'stars of the show', the work undertaken on the conversion of the mining claims to a Lease was a significant endeavour and is an important milestone for us.

This past year has been an exciting time for Galleon Gold. We completed 22,000 meters of drilling on the West Cache Gold Project and were very successful in advancing the Project's resource and identifying new mineralized areas that hold great promise for future drill programs. Importantly, the fundamentals of the Project remain unchanged; we are located in a premiere gold camp and mining jurisdiction and have increased the Project's combined gold resource."

Pancontinental Resources Corporation (TSXV:PUC) has shared drill results for the Phase 2 shallow rotary air blast (RAB) drill holes, and for the Phase 2 diamond core drill holes 16 and 17, at its flagship Brewer Gold & Copper Project in South Carolina. According to the press release, "all 104 Phase 2 RAB drill holes contain detectable gold."

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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