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Exploring Mining Podcast 203 - (TSXV: OTGO) (TSXV: FOR) (OTC: FTBYF) (NYSE: RIO) (NYSE: CAT) (NYSE: IAG) (TSXV: APN)
Point Roberts, WA and Delta, BC - September 16, 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.
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Exploring Mining Podcast 203 – (TSXV: OTGO) (TSXV: FOR) (OTC: FTBYF) (NYSE: RIO) (NYSE: CAT) (NYSE: IAG) (TSXV: APN)
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Fortune Bay Corp. (TSXV:FOR ) (OTC:FTBYF ) has announced the acquisition, through claim staking, of the 10,000 hectare Strike Uranium Project in northern Saskatchewan, Canada. According to the press release, Strike Uranium has "potential for high-grade unconformity-related, basement-hosted uranium deposits." Dale Verran, CEO for Fortune Bay, commented:
"The acquisition of the Strike Uranium Project through staking represents an exciting opportunity for Fortune Bay and its shareholders, particularly given the recent boom in uranium equities and increase in the spot uranium price. The Athabasca Basin is undoubtedly the world's premier district for high-grade uranium; and unconformity-related, basement-hosted deposits are highly sought after targets given their high-grades and competent host rocks which allow for conventional mining. At Strike we believe we have the required exploration criteria for these deposits, and positive results from historical exploration with very limited drilling makes this a unique exploration opportunity."
Rio Tinto Group (NYSE:RIO ) has signed a Memorandum of Understanding (MoU) with Caterpillar Inc. (NYSE:CAT ) for the latter's development of zero-emissions autonomous haul trucks for use at one of Rio Tinto's Western Australian mining operations. Alf Barrios, Rio Tinto's Chief Commercial Officer, explained:
"Our ambition to reach net zero emissions across our operations is a priority. Reaching this ambition will require new and innovative solutions and partnerships with supplier partners like Caterpillar. This collaboration represents a small but important step on that journey."
IAMGOLD Corporation (NYSE:IAG ) has reported assay results from its 2021 exploration diamond drilling program completed on the Lac Gamble zone at the Rouyn Gold project in Quebec, Canada. Highlights include Drill hole GA-21-779 with 7.7 metres grading 2.5 g/t Au, hole GA-21-780 with 5.0 metres grading 5.5 g/t Au, and hole GA-21-782 with 3.2 metres grading 16.1 g/t Au. According to the press release, these, and the rest of the assay results, "will be integrated with the existing geological, geochemical and structural information to support the development and refinement of preliminary deposit models on the property to support a future potential maiden resource estimate."
Altiplano Metals Inc. (TSXV:APN ) has successfully obtained an Exploitation Permit for the Maria Luisa historical Gold-Copper mine in Chile. Alastair McIntyre, the company's CEO, said:
"I am pleased that the approval process for the Maria Luisa gold - copper project has been completed and we can now focus on the development phase. Historical work at Maria Luisa has yielded very good results including areas of past production where approximately 6.89 grams per tonne (g/t) gold and 1.89% copper were recovered. In addition, the relatively under-explored area to the NW, where a separate NS vein structure occurs has yielded underground chip samples of 8.73 grams per tonne gold over 5.74 m, provides us with an exciting new area to explore and develop."
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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