Vancouver, Kelowna, Delta, BC – February 10, 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.
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Exploring Mining Podcast 246 – (NYSE: GOLD) (NYSE: AEM) (NYSEAmerican: ASM) (TSXV: ALEX)
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Barrick Gold Corporation (NYSE:GOLD) has published its annual reserve and resource declaration, indicating that it “replaced its depletion of gold mineral reserves by 150%, before acquisition and equity changes at South Arturo and Porgera, and improved the quality of its group reserve grade by 3% in 2021.” Rodney Quick, the company’s mineral resource management executive, said:
“The geological improvements and remodeling are now starting to make a real impact. The incorporation and integration of mine design optimizations are also driving many of the mineral resource additions. A sound understanding of the geological orebody has been integrated with a better understanding of local variations in the geotechnical and metallurgical disciplines to produce integrated and optimized mine designs.”
Agnico Eagle Mines Limited (NYSE:AEM) has posted drilling results from 59 holes totaling 49,073.5 metres along the Detour Mine Trend (DMT) at the Detour Lake property. The company’s CEO, Tony Makuch, explained:
The results include a number of wide, high-grade intersections located both within and outside of the Mid-Year 2021 Mineral Resource Estimate pit shell. Also encouraging is that we continue to extend the mineralization at depth. Based on work to date, we have confirmed the existence of a broad and continuous corridor of mineralization extending over 4.0 kilometres from the Main Pit through the Saddle Zone to beyond the planned West Pit location to a depth of at least 800 m below surface with the system remaining open.
Avino Silver & Gold Mines Ltd. (NYSEAmerican:ASM) has provided its outlook for 2022 as well as a recap of its highlights from 2021. Milestones from the past year include the processing of 154,498 tonnes, the acquisition of the La Preciosa Project, and the drilling of more than 15,500 metres. David Wolfin, the company’s President and CEO, said regarding the acquisition:
“I’ve commented previously about how this transaction could be transformational for Avino, and when the proposed transaction is closed, the increase to NI 43-101 mineral resources will be significant. We have much to look forward to in 2022 and beyond, production is steadily increasing, and we are ready to continue moving on a strategic path to future growth.”
Alpha Exploration Ltd. (TSXV:ALEX) has announced the results of a recent trench sampling program at the Aburna gold prospect, which is part of the company’s 100 percent-owned Kerkasha Project in Eritrea. According to the press release, 16 of these 30 trenches showed significant gold mineralization. Michael Hopley, Alpha’s President and CEO, said:
“These latest trench results are very encouraging and show the widespread and high-grade nature of the gold mineralization at Aburna. These results will help the exploration team understand the best areas to test at Aburna when the initial drilling starts next month.”
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