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Exploring Mining Podcast 297 - News from (OTC: FTCO) (TSXV: MGG) (TSXV: PDM) (TSXV: SCZ)

 

Vancouver, Kelowna, Delta, BC - August 31, 2022 (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.

Exploring Mining has been selected by Feedspot panelist as one of the Top 25 Mining Podcasts on the web.

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https://www.investorideas.com/Audio/Podcasts/2022/083122-Mining.mp3

Exploring Mining Podcast 297 - News from (OTC: FTCO) (TSXV: MGG) (TSXV: PDM) (TSXV: SCZ)

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Fortitude Gold Corporation (OTC:FTCO) has announced maiden drill results from its County Line property located in Mineral and Nye counties in Nevada. This includes multiple high-grade gold intercepts with 6.10 meters grading at 15.18 grams per tonne gold (g/t) within 15.24 meters grading 7.66 g/t gold. Barry Devlin, Vice President of Exploration for Fortitude Gold, said:

"We are very pleased with these initial high-grade gold drill intercepts including impressive widths of mineralization close to the surface. We are working to model this mineralization for tonnes, grade and mineral resource expansion with the next drill program already underway."

Minauram Gold Inc. (TSXV:MGG) has announced that it has acquired 100 percent interest in its flagship Alamos Silver project in Sonora, Mexico. According to the press release, the project is a 37,928-hectare district encompassing "the historical 200 Moz Alamos mining district and the 26 separate high-grade silver epithermal veins discovered and explored by Minaurum." Darrell Rader, Minaurum Gold's President and CEO, said:

"Taking full ownership of the entire Alamos district is a major milestone for Minaurum. We would like to thank the property vendors for all of their efforts in advancing permitting and community relations efforts at Alamos. We look forward to their continued involvement as we explore and develop Alamos into a Tier 1 silver asset."

Palladium One Mining Inc. (TSXV:PDM) has received a new exploration drill permit for the Smoke Lake Zone area of the Tyko Copper-Nickel-Cobalt Project. Derrick Weyrauch, President and CEO of the company, said:

"We are very pleased to have received another Exploration Permit for Tyko, this new permit allows for additional drill pads at the high-grade Smoke Lake zone, as well as other nearby geophysical targets. The 2022 diamond drill program at Tyko is well underway. Recently we added a second drill rig, as part of a four-week program to test the historic RJ and Tyko zones, nearby magnetic anomalies, and single line VTEMmax conductors. This helicopter drill program includes a 400-meter deep hole at both the RJ and Tyko zones for an upcoming borehole electromagnetic survey."

Santacruz Silver Mining Ltd. (TSXV:SCZ) has reported the financial results for its second quarter of 2022. Highlights include a revenue of $225.1 million USD - up 1,538 percent from Q2 2021, and a net income of $6.5 million - up 273 percent from Q2 2021. Carlos Silva, the company's CEO, said:

"Our second quarter financial results include the first full quarter of contributions from our Bolivian operations. The transition process is advancing well as Santacruz has strong and committed management teams in both Bolivia and México. With the recent addition of Wayne Corso as COO, we are reviewing all production operations with a view to identifying potential cost reductions and operational efficiencies to be implemented in the near term with the objective of further improving our production metrics."

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