Vancouver, Kelowna, Delta, BC – April 7, 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 263 – News from (NYSE: AA) (NYSE: KGC) (NYSEAmerican: NG) (TSXV: DLTA)
Alcoa Corporation (NYSE:AA) has announced that its Massena facility in New York has earned provisional certification from the Aluminium Stewardship Initiative (ASI) for both its smelter and casthouse. Massena, according to the press release, “is the world’s longest continuously operating smelter,” with aluminum production having begun in 1902. John Slaven, Alcoa’s EVP and COO, commented:
“Earning certifications from ASI aligns with our vision to reinvent the aluminum industry for a sustainable future. This recognition for Massena is welcome news for the facility’s 120 years of continual production and the important work that our employees do there every day to consistently improve for the benefit of our customers, communities and the environment.”
Kinross Gold Corporation (NYSE:KGC) has shared an update on its development plan at the Red Lake, Ontario, Canada-based Great Bear project, after having completed the acquisition of Great Bear Resources Ltd. on February 24, 2022. The press release indicates that the company “plans to declare an initial inferred mineral resource as part of its 2022 year-end results and commence a pre-feasibility study (PFS) in 2023.” J. Paul Rollinson, Kinross’s President and CEO, said:
“Since the closing of the Great Bear transaction, we have hit the ground running at the project. The integration of the asset into our portfolio has advanced quickly and efficiently, and we have retained many of the experienced Great Bear exploration team members based in Red Lake to maintain continuity. We are excited to move ahead with this next phase of drilling and project activities to help realize our vision of a large, long-life mining complex.”
NovaGold Resources Inc. (NYSEAmerican:NG) has posted an update for its Donlin Gold project. In the first quarter of this year, the company received the final set of assay results (21 complete holes and 22 partial holes, encompassing the remaining 8,500 meters of length drilled) from Donlin’s 2021 drill program, and reopened the camp in January 2022. Donlin Gold’s budget is expected to be $60 million for 2022, with which NovaGold plans to “update geologic modeling and interpretation work,” and “undertake approximately 34,000 meters of planned tight spaced grid drilling and in-pit and below-pit exploration drilling.”
Delta Resources Ltd. (TSXV:DLTA) has announced initial results from its initial phase of drilling at the Delta-2 Gold Property near Chibougamau, Quebec. The company completed sixteen exploratory drill holes for a total of 2,709 metres, all of which “intersected anomalous gold values within the strongly deformed and altered structures confirming the presence of a gold-bearing structure for a minimum strike length of two (2) kilometres.” Andre Tessier, President of Delta Resources Limited, said:
“The results are significant and will help Delta focus on certain sections of these gold-bearing structures based on the intensity of alteration, deformation, and gold content. The fact that new gold-bearing structures were also intersected is also significant as many structures of similar character remain to be tested at the property.”
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