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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 310 - News from (NYSE: RIO) (NYSEAmerican: FURY) (TSXV: KTO) (TSXV: YORK)
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Rio Tinto Group (nyse:rio ) has announced that it has demonstrated the effectiveness of its low-carbon iron-making process - called BioIron - using ores from its mines in Australia in a small-scale pilot plant in Germany. The company is now planning 'the development of a larger-scale pilot plant to further assess its potential to help decarbonise the steel value chain.' Rio Tinto's Chief Commercial Officer, Alf Barrios, explained:
'Finding low-carbon solutions for iron and steelmaking is critical for the world as we tackle the challenges of climate change. Proving BioIron works at this scale is an exciting development given the implications it could have for global decarbonisation. The results from this initial testing phase show great promise and demonstrate that the BioIron process is well suited to Pilbara iron ore fines. BioIron is just one of the pathways we are developing in our decarbonisation work with our customers, universities and industry to reduce carbon emissions right across the steel value chain.'
Fury Gold Mines Limited (nyseamerican:fury ) has reported the results for three core drill holes targeting the 'Gap Zone' at the Eau Claire project in the Eeyou Istchee Territory in Quebec, Canada. Drill hole 22EC-058, for instance, 'intercepted three zones of gold mineralization across 42.5 metres (m) drilled width including 1.0m of 45.00 g/t Au and 1.0m of 5.55 g/t Au.' Tim Clark, CEO of Fury, said:
'The Gap Zone is a highly prospective target for Fury and these results are very encouraging as they have expanded the mineralized footprint at Eau Claire and demonstrate that the deposit is open for significant expansion in a third target area. We are looking forward to the remaining 11 drill holes completed, from the Hinge Target, Eastern Extension, and Percival targets which are pending assay, with results expected in the coming weeks as well as the expansive Geochem survey we completed at our Lac Clarkie project.'
K2 Gold Corporation (tsxv:kto ) has announced the results of its 2022 rock chip sampling program at its Si2 Gold Project, 60 km northwest of Tonopah Nevada. The company's President and CEO, Anthony Margarit, said:
'The rock sampling results have clearly demonstrated that the Si2 hydrothermal system is extensive, exhibiting strong advanced argillic alteration and mercury anomalism at all key target areas. With the completion of the IP Survey our 2022 exploration program at Si2 is now complete. We look forward to incorporating this final information into our dataset and finalizing targeting for a Q1 2023 drill program.'
York Harbour Metals Inc. (tsxv:york ) has just completed its Phase 4 drilling with diamond drill hole 110 (YH22-110), thereby having drilled a total of 19,260 metres since the company first began in July 2021. Bruce Durham, York Harbour's President and CEO, said:
'Phase 4 was the largest drilling campaign for the Company to date. With all the drill data and ongoing geological modelling, we now have a much better understanding of the geology and structure of the mineralized zones. As new geophysical data becomes available from the recently completed induced polarization survey, we can target areas outside the main York Harbour mine area. We expect to recommence drilling with a Phase 5 drill program once we have compiled the Phase 4 results and interpretation of the IP survey data.'
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