#ExploringMining #Podcast Episode 156 – #Mining #Stock News from (ASX: $NCM.AX) (NYSE: $AG) (TSXV: $MAI.V) (TSXV: $BTR.V)
Point Roberts WA, Delta BC, March 31, 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/2021/033121-Mining.mp3
Read this in full at Exploring Mining Podcast Episode 156 - News from (ASX: NCM) (NYSE: AG) (TSXV: MAI) (TSXV: BTR)
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Newcrest Mining Limited (ASX:NCM) has announced its initial Mineral Resource estimate for the Red Chris mine in British Columbia, Canada. Highlights include a measured and indicated resource of “980Mt @ 0.41 g/t gold and 0.38% copper for 13Moz contained gold and 3.7Mt contained copper.” The company’s CEO, Sandeep Biswas, said:
"The announcement of our initial Mineral Resource estimate marks another milestone in our transformation of Red Chris. We remain on track to release the findings of our block cave Pre-Feasibility Study by the end of September 2021 and continue to evaluate a number of early mining options which could enable an acceleration of cash flows prior to the development of a block cave."
First Majestic Silver Corp. (NYSE:AG) has filed updated technical reports in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects for its three operating mines: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine and the La Encantada Silver Mine. Combined highlights from the three mines include Proven and Probable Mineral Reserves totalling 62.2 million ounces of silver and 606,000 ounces of gold, or 121.5 million silver equivalent ounces, and Measured and Indicated Mineral Resources totalling 111.7 million ounces of silver and 1.26 million ounces of gold, or 233.2 million silver equivalent ounces.
Minera Alamos Inc. (TSXV:MAI) has selected TRIGUSA as the mining contractor for its Santana gold mine, in Sonora, Mexico. CEO Darren Koningen explained:
"Our Mexican operations team has a long and positive history with Trigusa dating back to their involvement with the construction and operations at the El Castillo mine (Castle Gold). Given the logistical challenges surrounding the construction of a new mine during the Covid pandemic we have witnessed firsthand, and in the toughest of environments, the commitment and execution of Trigusa. We all look forward to a long-term relationship between the groups as Minera Alamos completes the transformation to a new and growing gold producer in Mexico."
Bonterra Resources Inc. (TSXV:BTR) has announced an update on results from the ongoing drilling campaign at the Barry project. Highlighted in the press release is “a wide zone of mineralization in drill hole MB-21-340 that intercepted 7.4 grams-per-tonne gold over 14.7 m.” The company’s CEO, Pascal Hamelin, commented:
"The ongoing drilling results at Barry are very encouraging and support our view that tremendous exploration potential remains within the camp near existing infrastructure. Several historical intercepts suggest the potential for higher-grade material to the west and drill hole MB-21-340 is no exception. There are currently two diamond drill rigs operating at Barry. Importantly, having several parallel gold-bearing structures allows for drilling to pierce several zones with each hole. The Company continues to test extensions of the deposits at all three of the Company's flagship assets in preparation of the upcoming resource update expected in Q2/21."
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