Point Roberts, WA and Delta, BC – June 8, 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.
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Exploring Mining Podcast Episode 174 – News from (NYSE: EXK) (TSXV: MGG) (CSE: ARQ) (TSXV: AAX)
Endeavour Silver Corp. (NYSE:EXK) has intercepted high grade silver-gold mineralization in a number of structures near the Terronera vein in Jalisco, Mexico. Highlights include 9.78 gpt Au and 214 gpt Ag for 899 gpt AgEq over 1.35m ETW (estimated true width) at the San Simon vein, as well as 6.05 gpt Au and 1,056 gpt Ag for 1,479 gpt AgEq over 2.88m ETW at the Fresno vein. Luis Castro, the Vice President of Exploration, said:
“These results support our view that the Terronera property continues to have significant potential to discover new mineralized zones and grow the mineral resources in multiple veins proximal to the already defined reserves and resources in the main Terronera vein. Over the past couple years, our drill programs have focused solely on delineating reserves and resources within the main Terronera vein to increase the level confidence for the Feasibility Study. During this time, surface exploration work was performed to develop and prepare additional targets in the region. These drill results verify that our detailed, methodical approach continues to be the right approach.”
Minaurum Gold Inc. (TSXV:MGG) has mobilized drill rigs to its high-grade Alamos Silver project in southern Sonora, Mexico, to resume Phase II drilling. Phase II, according to the press release, began in July 2020 and 40 holes were drilled before pausing in December 2020 due to the COVID-19 pandemic. Peter Megaw, the Director of Minaurum Gold, said:
“We have taken advantage of our COVID-19 recess to refine and refocus our exploration of the more than 26 veins we have identified in this historic camp. As we resume drilling, we will be testing a mixture of new veins and follow-up drilling of the mineralized shoots emerging in veins we’ve already begun exploring.”
Argo Gold Inc. (CSE:ARQ) has announced that it has started drilling at the Uchi Lake Gold Project. The company had “initiated bedrock stripping, trenching, washing, geological mapping and channel sampling at the Uchi Lake Gold Project in April 2021,” “to expand and define known gold mineralization, identify additional gold mineralization along the mineralized trends, and to follow-up on the biogeochemical anomalies identified by the Summer 2019 biogeochemical survey that covered 5 kilometres of strike length on the main mineralized trend.”
Advance Gold Corp. (TSXV:AAX) has reported results from the first four core holes drilled at its Saldivar Salar in central Mexico, one of 13 salars the company recently acquired in the region. Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented:
“We have recently completed seven core holes at Saldivar with four reported today, and three more pending. The first two holes went to bedrock at 84m and 77m. These two deeper holes were designed to test the depth to bedrock. With the five auger holes and now four core holes we have established widespread lithium, boron and potassium distribution starting at the surface and continuous to bedrock. These early assay results appear to indicate that the Lithium content increases with depth and increases as we move towards the centre of the salar. The surface expression of the Saldivar salar is approximately 2000 metres north to south and 800 metres east to west with a depth of 80 metres. The drilling clearly establishes the Saldivar salar as a bulk tonnage, open pit target. We are also working to optimize our recovery process to prepare our test plant for bulk sampling.”
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