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Exploring Mining Podcast Episode 141 – Mining Stocks News From Defense Metals, Newmont, Benchmark Metals, White Gold Corp.

Feb. 10, 2021 2:09 PM ET
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#ExploringMining #Podcast Episode 141 – #Mining #Stocks News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $NEM) (TSXV: $BNCH.V) (TSXV: $WGO.V)

Point Roberts WA, Delta BC, February 10, 2021Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition ofExploring 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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https://www.investorideas.com/Audio/Podcasts/2021/021021-Mining.mp3

Read this in full at Exploring Mining Podcast Episode 140: News from (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: NEM) (TSXV: BNCH) (TSXV: WGO)

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According to a recent press release, Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) “is pleased with recent Canadian-US government integration plans regarding electric vehicles and critical minerals such as Rare Earth Elements.” The company’s CEO, Craig Taylor, said:

"As we continue to advance the 1,708 hectare Wicheeda Rare Earth Elements deposit located near Prince George, British Columbia, we are actively engaging with government agencies and affiliated government groups. We expect 2021 to be a busy year for the Company."

The Wicheeda project mentioned “has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO.”

Newmont Corporation (NYSE:NEM) has reported gold mineral reserves of 94.2 million attributable ounces for 2020, which exceeded its 2020 conversion target by replacing 80 percent of all depletion. Newmont continues to boast the largest gold reserves in the industry. The company’s President and CEO, Tom Palmer, said:

"As the world’s leading gold company, Newmont has an exceptional history of exploration success and a track record of consistently delivering on our commitments. In 2020, we added 6 million ounces of gold reserves overcoming the challenges of an unprecedented year. Newmont’s ability to replace reserves is underpinned by our disciplined operating model and world-class portfolio which will support stable production for decades to come."

Benchmark Metals Inc. (TSXV:BNCH) has announced new results from a series of drill holes at the AGB zone. This includes a highlight of 1.54 m of 17.96 g/t gold and 5216.68 g/t silver or 83.17 g/t AuEq near surface. Benchmark’s CEO John Williamson said:

"The AGB zone continues to yield exceptional results of high-grade mineralization within broader envelopes of mineralization, that essentially begin at surface. These results at AGB continue to add gold and silver ounces and expand the known mineralization, positively impacting our definition of the resource. The AGB zone is yielding higher grades and expanding beyond initial interpretation, we anticipate that this area will continue adding gold-silver ounces as new results are received over the coming weeks."

White Gold Corp. (TSXV:WGO) has announced “significant results” from 2020 GT Probe sampling on new targets located just west of its flagship Golden Saddle and Arc deposits. David D’Onofrio, White Gold’s CEO, commented:

“We are very pleased with these GT Probe results which have identified exciting new drill targets near our existing flagship gold deposit. This work was a follow up to the 2019 success in identifying these and other new targets, which have already led to new drill discovery, such as the recent high grade diamond drill results on the Ryan’s Surprise. These results also further validate the effectiveness of our exploration methodologies, the large scale of the mineralized system that hosts our existing gold deposits, and the potential for additional new discoveries on this underexplored trend. We look forward to drilling these new targets.”

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