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#ExploringMining #Podcast – #Mining News from (NYSE: $NEM) (NasdaqGS: $SSRM) (NYSE: $SILV) (TSXV: $AMK.V) (TSXV: $AAX.V) (CSE: $USGD.C)
Point Roberts WA, Delta BC, January 7, 2019 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.
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Newmont Corporation (NYSE:NEM) has announced a change to its brand, logo, and name – the company was formerly known as Newmont Goldcorp Corporation – as a means to commemorate its centenary year in May of 2020. Tom Palmer, Newmont’s President and CEO commented:
"We successfully completed two historic transactions in 2019, which have transformed Newmont into a truly international organization with an unmatched portfolio of assets and prospects in top-tier jurisdictions around the world. As this company has done many times in the past, Newmont has demonstrated its ability to adapt to change, which is truly a hallmark of our success over the last 100 years. Updating our brand represents a natural step as we approach the next 100 years in Newmont’s long and proud legacy of operating discipline, profitable growth, environmental stewardship, and developing the industry’s best talent."
SSR Mining Inc. (NasdaqGS:SSRM) has agreed to purchase 1,819,074 shares of SilverCrest Metals Inc. (TSX: SIL.TO; NYSE: SILV) for aggregate proceeds of $13,242,859 CAD at the same price of $7.28 CAD as the bought deal public offering announced by SilverCrest on December 3, 2019. Paul Benson, President and CEO of SSR Mining said:
"This transaction presents an attractive outcome for both companies, it delivers SSR Mining shareholders an immediate financial gain while providing SilverCrest additional capital for the continued exploration and development of the Las Chispas project."
American Creek Resources Ltd. (TSXV:AMK) has issued a press release reporting that “2019 was a pivotal year for the company,'' positioning it “to take full advantage of the precious metals bull run that many experts believe we are only in the early stages of.” Darren Blaney, CEO of American Creek explained:
"This past year was a significant turning point for the company and will be the catalyst for more exciting developments in 2020. The company has strengthened its position both financially and strategically and is poised to benefit from not only a strengthening gold and silver market but also from the investment community becoming more aware of the company's projects and potential. The Treaty Creek project will be advancing in a major way and several of our other projects including the Dunwell and Gold Hill will also be the focus of attention this year. We very much look forward to 2020 and wish all of our shareholders the very best this upcoming year!"
Advance Gold Corp. (TSXV:AAX) has provided a drilling update for its Tabasquena Project in Zacatecas, Mexico, indicating that the company has commenced the drilling of a second hole following completion of the first drill-hole into the large chargeability anomaly identified in the company's recent 3D Induced Polarization (IP) surveys on the project. Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented:
"One of the great things about exploration in the state of Zacatecas, Mexico is that due to the established infrastructure and seasoned contractors we can get a lot of work done at a low cost. Now that we are confident that the large IP geophysical chargeability anomaly is caused by a sulphide system, we feel it is time to bring in a second rig to expedite our exploration of the system. With the hard work of our team and support from our shareholders, we have been able to keep the share structure tight and with the recent improvement in our valuation our shareholders have continued to be supportive with the early exercise of "in the money" warrants that will help us fund the upcoming drilling. In addition to a better understanding of the sulphide system, we are also eager to better understand the associated widespread quartz veining throughout the entire system, including adularia, crustiform and colloform quartz, as well as some veinlets of quartz-adularia crystals. It is becoming clear that we have found a large, continuous mineralizing system. With two drill rigs, we will be able to more rapidly explore this discovery and increase the news flow in the first quarter of 2020."
American Pacific Mining Corp. (CSE:USGD) has provided an update on the Gooseberry Au-Ag Project in the Ramsey Mining District of Storey, Nevada. According to the press release, the project “has been developed vertically to 1450 feet (442 meters) from surface, with significant underground development across seven of ten levels.” Eric Saderholm, the company’s President and Director, said:
“We are pleased with the progress of the Gooseberry 3D model, indicating that historic grades were quite robust during the mines productive years. Gooseberry hasn’t been in production for almost 30 years and this data shows the high exploration potential for APM to expand upon the known mineralized zones.”
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