Point Roberts, WA and Delta, BC – September 23, 2021 (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. Today’s podcast was sponsored by O2Gold Inc. (TSXV:OTGO), a mineral exploration company with activities in Colombia.
Listen to the podcast:
Exploring Mining Podcast 205 – (TSXV: OTGO) (TSXV: DEFN) (OTCQB: DFMTF) (TSX: AVL) (TSXV: WHM)
O2Gold, Inc. (TSXV:OTGO) has completed its shares for debt settlement with Geominas Serviminas JV which was previously announced on September 3, 2021. The company issued 800,323 common shares “at a deemed price of $0.22 per share in satisfaction of outstanding debt of approximately $176,000.”
“The renewed interest in uranium has prompted Defense Metals to reassess its considerable land position in the prolific northeast Athabasca Basin. While the Company’s focus remains on advancing it flagship Wicheeda REE [Rare Earth Element] Deposit near Prince George, British Columbia, we look forward to further capitalizing on the shareholder value brought by the Geiger North and Klaproth Projects.”
Avalon Advanced Materials Inc. (TSX:AVL) has received initial assay results from grab samples collected during its summer exploration program on the Lilypad Cesium Project in Ontario, Canada. These results “confirm the exceptional cesium enrichment in several Lithium-Cesium-Tantalum (“LCT”) pegmatite dyke occurrences on the property,” and Cesium, according to the press release, “is a rare element in growing demand for many new technologies, but with very limited supply.” Avalon’s President & CEO, Don Bubar, said:
“The Lilypad Cesium Project is proving to be a globally unique example of a large field of cesium-enriched LCT pegmatite dykes with significant resource potential. With cesium continuing to be in very short supply, the Company is now well positioned to help Ontario become the new global leader in cesium production including innovation of new downstream applications.”
White Metal Resources Corp. (TSXV:WHM) has discovered three new gold zones and has assay results for five diamond drill holes from the Phase 2 drilling program from its Flagship Tower Stock Gold Project. Michael Stares, President and CEO of White Metal Resources, commented:
“Yet again we have demonstrated, through drilling and our ongoing prospecting and mapping program, that there are still lots of surprises at the Tower Stock Gold Project. With only one year of exploration on the Property we have made several new discoveries such as the Ellen and 110 Zones and have expanded the Bench and D Zones. Prospecting, mapping and soil sampling have proven very effective with a number of additional untested surface areas discovered including the C & M Zone, Star Zone and Popa Zone.”
Exploring Mining Podcast Sponsor
O2Gold Inc. (TSXV:OTGO) is a mineral exploration company with activities in Colombia. O2 Gold is focused entirely on the exploration of the Otu Fault project, with senior management based in nearby Medellin. The team’s deep roots and experience in Latin America-in both capital markets and mining-gives it the regional knowledge and operational expertise to create a world-class project.
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