Point Roberts, WA and Delta, BC – October 19, 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 213 – (TSXV: OTGO) (NYSE: BVN) (NYSE: IAG) (NYSEAmerican: ASM) (TSXV: LSX)
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Buenaventura (NYSE:BVN) has sent a request to the Peruvian minister for mines and energy (MINEM) for the temporary suspension of mining and ore processing activities at its Uchucchacua mine to give the company an opportunity to improve the mine’s efficiency and profitability. In particular, this would include a “focus on its underground exploration strategy, optimizing the current reserve exploitation sequence with a gradual operations re-start.”
IAMGOLD Corporation (NYSE:IAG) has reported its preliminary operating results for the third quarter of 2021. The company’s President and CEO, Gordon Stothart, said:
“We achieved attributable production of 153,000 ounces during the third quarter and are pleased that our total attributable production is trending towards the upper end of the guidance range. Essakane continues to deliver strong results and Rosebel is performing in line with the updated plan. Production at Westwood was lower than plan, although underground mine productivity is improving while we continue to prioritize implementing safety measures as part of the business recovery plan. The teams continue to respond and adapt successfully to the challenges we experienced in the first half of the year.”
Avino Silver & Gold Mines Ltd. (NYSEAmerican:ASM) has announced results from its Avino Mine property near Durango, Mexico for the third quarter of 2021. This includes production of 285,464 silver equivalent ounces, comprising 77,935 ounces of silver, 1,183 ounces of gold, and 685,535 pounds of copper. David Wolfin, President and CEO of Avino, said:
“We are very pleased to announce our third quarter production results which followed a period of operational closure. The entire Avino team worked tremendously hard to assist in the resumption of operations in August, and successfully achieve production for the quarter. Moving forward, we aim to steadily increase production to reach the levels established prior to the closure. I am also thrilled that training programs are ongoing at the mine as we look to further build a local workforce.”
LaSalle Exploration Corp. (TSXV:LSX) has announced assay results for seven holes drilled from the maiden drill program on the 100 percent-owned Radisson Property in the Eeyou Istchee – James Bay Territory, Quebec, Canada. The company’s President and CEO, Ian Campbell, said:
“We are extremely pleased by the progression of successes of our 2021 field program. Considering that we started by prospecting isolated showings in June and have now identified multiple gold mineralized structures covering a large area is exciting in itself. What’s more, the extent of the mineralized halo containing high-grade structures confirms the prospectivity of the Goldhawk Zone. We look forward to the next phase of drilling which is expected to commence early in the new year.”
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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