Vancouver, Kelowna, Delta, BC – March 8, 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 253 – News from (TSXV: DEFN) (OTCQB: DFMTF) (TSXV: BNCH) (TSXV: SPA) (TSXV: CVV)
Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced results for an additional six diamond drill holes totalling 845 metres from the Company’s 29 hole, 5,349 metre diamond drill program completed during fall 2021. Highlights include a return of 3.23 percent total rare earth oxide (TREO) over 162 metres from drill hole WI21-40. Luisa Moreno, President, and Director of Defense Metals, said:
“Drilling at depth within the northern Wicheeda Deposit has intersected significant new zones of high-grade REE mineralization with the potential to expand the mineral resource, and importantly may also contribute to supporting higher grades across the range of potential mine life.”
Benchmark Metals Inc. (TSXV:BNCH) has provided an update for ongoing technical and engineering work to support the Preliminary Economic Assessment (PEA) and the Feasibility Study for its 100 percent-owned Lawyer’s Gold-Silver project in British Columbia, Canada. Ian Harris, the company’s Vice President of Engineering, explained:
“In the coming months the Company will deliver a Mineral Resource Estimate with drilling focused on significant infill drilling, resource expansion and adding near surface gold-silver ounces. In parallel Benchmark has advanced multiple engineering and environmental studies and trade-offs guiding drilling with a mine building mindset. We believe this will drive significant value to the Preliminary Economic Assessment, to be completed in short order once resources are updated. During 2022, Benchmark will rapidly advance to a mining decision with a $30 million budget for environmental assessment readiness, feasibility level design, and drilling.”
Spanish Gold Mountain Ltd. (TSXV:SPA) has submitted the Initial Project Description (IPD) and Early Engagement Plan for the Spanish Mountain Gold Project in British Columbia, Canada, to the B.C. Environmental Assessment Office and Impact Assessment Agency of Canada. The company’s CEO, Larry Yau, commented:
“We are excited about the submission of the IPD, which marks the official commencement of our EA process following the extensive preparations we have put into our project over the years. We are hopeful that this substantive groundwork will help us avoid many potential pitfalls in the lengthy and intricate process and allow us to achieve the remaining EA milestones we have targeted for 2022 and beyond.”
CanAlaska Uranium Ltd. (TSXV:CVV) has announced the start of a planned 3,000 metre drill program on the high-grade Manibridge nickel project in the Thompson Nickel Belt of Manitoba, Canada. According to the press release, the drilling “will focus near the past-producing Manibridge Nickel Mine that produced 1.3 million tonnes at an average grade of 2.55% nickel and 0.27% copper from 1971 to 1977.” Cory Belyk, the CEO of the company, said:
“With the price of nickel taking off and nickel inventories at an historic low, now is the time to advance high-grade sulphide nickel projects such as Manibridge to the next level of exploration and investment. We are excited to be part of the inaugural drilling program under this new option agreement with Metal Energy. With CanAlaska’s extensive Thompson Nickel Belt holdings, our shareholders are well positioned to take advantage of the increasing nickel market fundamentals.”
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