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Exploring Mining Podcast - News from Mining Stocks (CSE: GTCH) (OTCQB: GGLDF) (NYSE: RIO) (NYSE: GOLD) (TSXV: JG)

Vancouver, Kelowna, Delta, BC - August 9, 2023 ( Newswire), 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.

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Exploring Mining Podcast - News from Mining Stocks (CSE: GTCH) (OTCQB: GGLDF) (NYSE: RIO) (NYSE: GOLD) (TSXV: JG)


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Getchell Gold Corp. (CSE:GTCH) (OTCQB:GGLDF) has received authorization from the US Bureau of Land Management to construct an additional 12 drill pads as part of its planned 2023 drill program to expand the Mineral Resource at the Fondaway Canyon gold project. The Fondaway Canyon gold project boasts a large, at and near surface Mineral Resource Estimate reporting an Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for

1,509,100 ounces of gold. Mike Sieb, the President and Director of the company, said:

"Having released a continuous series of exceptional drill results in batches over the last three years, it is important to step back and weigh the potential of the Fondaway Canyon project as a whole. What becomes immediately obvious is the strong and prevalent gold mineralization encountered in the most peripheral drill holes, signifying a robust mineralization system that has yet to be truly tested. This causes us to seriously wonder how big it can be, and the authorization for an additional 12 drill pads will enable us to conduct step-out drilling and start to answer that question."

Rio Tinto Group (NYSE:RIO) has signed a multi-year supply agreement with industrial startup H2 Green Steel for high grade direct reduction iron ore pellets from Rio Tinto's Iron Ore Company of Canada (IOC) operations. According to the press release, Rio Tinto "will also purchase and on-sell a part of the surplus low carbon hot briquetted iron (HBI) produced by H2 Green Steel during the ramp-up of its steelmaking capacity." Simon Farry, Rio Tinto's Head of Steel Decarbonisation, explained:

"We are partnering across the steel ecosystem to find better ways to support the decarbonisation of iron and steel making, and to reduce our scope 3 emissions. Our supply of high-grade iron ore pellets will support the acceleration of H2 Green Steel's project, and on-selling their low-carbon HBI will enable us to gain a deeper understanding of the future needs of our customers and end users in the emerging green iron and steel market."

Barrick Gold Corporation (NYSE:GOLD) has announced that it is on target to meet its gold and copper production guidance for 2023. The company's CEO, Mark Bristow, indicated that improved production performances from the Carlin complex in Nevada, the Kibali gold mine in the Democratic Republic of Congo and the Lumwana copper mine in Zambia have positioned Barrick's second half to outperform its first this year. Bristow explained:

"Our asset base is the best in the business and it gives us a platform from which we can clearly see and plan for the future, managing the challenges and maximizing the opportunities. At the halfway mark of this year, we've again advanced significantly towards our goal of building the world's most valued gold and copper mining company, and we have the strategy, the means and the motivation to achieve that."

Japan Gold Corp. (TSXV:JG) has announced that the Japanese Ministry of Economy, Trade and Industry has accepted 22 of its new prospecting rights applications comprising the North Taio Project. The Project comprises 7,009 hectares of prospective ground located immediately along strike of the Taio Mine, which is Middle Kyushu's largest gold deposit. The Middle Kyushu Epithermal Gold Province, according to the press release, "hosts three significant gold mines, the Taio, Bajo and the Hoshino group of mines, along with numerous other smaller historical workings and mineral showings."

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