Vancouver, Kelowna, Delta, BC – April 5, 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 262 – News from (NYSE: KGC) (TSXV: WHY) (TSXV: BRAU) (TSXV: BRO)
Kinross Gold Corporation (NYSE:KGC) has entered into a definitive agreement with the Highland Gold Mining group of companies and its affiliates to sell 100 percent of its Russian assets for a total consideration of $680 million in cash. Highland Gold, according to the press release, is one of Russia’s largest gold mining companies. This follows an announcement from early March this year, in which Kinross expressed that it “is deeply concerned about the loss of life and destruction in Ukraine.”
West High Yield Resources Ltd. (TSXV:WHY) has commenced its 2022 gold drill program at the company’s Midnight Gold claim in the Rossland Gold Camp area, in British Columbia, Canada. According to the press release, “the Rossland Gold Camp has historically produced over 2.76 million ounces of recovered gold and 3.52 million ounces of recovered silver.” West High Yield’s President and CEO, Frank Marasco Jr., said:
“The Company is excited to commence the 2022 drill program at the Midnight Gold project. Building on the previously released 2009 drill results, West High Yield is ready to drill and test targets with considerable promise that management believes will help allow the Company to expand the mineralized footprint with higher-grade cores, allowing the Company to target completion of a NI 43-101 compliant mineral resource estimate.”
Big Ridge Gold Corp. (TSXV:BRAU) has shared initial diamond drill results from its 25,000 metre, Phase I drill program at the Hope Brook Gold Project, in southwestern Newfoundland and Labrador, Canada. Highlights include drill hole HB-21-152, which intersected 5.84 g/t Au over 14.8 m, drill hole HB-21-142, which intersected 5.58 g/t Au over 6.1 m, and drill hole HB-21-138, which intersected 1.98 g/t Au over 23.1 m. The company’s President and CEO, Mike Bandrowskit, said:
“Today’s drill results southwest and along strike of the Hope Brook open pit confirm near-surface mineralization remains open for potential resource growth, and the copper mineralization, that is being reported for the first time, illustrates the possibility of a by-product credit. The Phase I drill program is very exciting as 100% of our holes have intersected gold mineralization and two of those have intersected visible gold.”
Barksdale Resources Corp. (TSXV:BRO) has announced the approval of its proposed drill program at the 100 percent-owned San Antonio copper project in Santa Cruz County, Arizona by the United States Forest Service. Rick Trotman, President and CEO of Barksdale said:
“I’m very happy to announce this major milestone at San Antonio, a core portfolio holding located a few kilometers southeast of the Company’s Sunnyside property. We acquired San Antonio from Teck in 2019 as we saw clear indications of a potentially large porphyry copper system and after several years of diligent effort, we are now excited to drill test the target.”
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