Vancouver, Kelowna, Delta, BC – April 26, 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 268 – News from (CSE: ASE) (NYSE: KGC) (NYSE: EXK) (TSXV: GSHR) (TSXV: KORE)
Asante Gold Corporation (CSE:ASE) has entered into a share purchase agreement with Kinross Gold Corporation (NYSE:KGC) to acquire the latter’s 90 percent interest in the Chirano Gold Mine in Ghana for a total consideration of $225 million USD. Dave Anthony, President and CEO of Asante, commented:
“We are excited to add the Chirano operation to our base of gold production in Ghana. It presents an excellent opportunity for synergy with our other Ghanaian assets and represents “the next step” for our vision to build a leading gold mining company in Ghana and West Africa. Asante has deep ties to Ghana and is committed to sharing the benefits of its activities with the local community and Ghana. Chirano is a well-run operation and our intention is to retain its employees, to ensure a smooth transition of ownership, with uninterrupted production.”
Endeavour Silver Corp. (NYSE:EXK) has reported positive drill results from the ongoing exploration program at its Parral project in the State of Chihuahua, Mexico. According to the press release, the company has drilled over 4,300 metres in 21 holes targeting several areas along the Veta Colorada structure, since early last December. Endeavour’s CEO, Dan Dickson, said:
“These results increase our confidence that we are on the right path towards attaining the estimated mineral resource base necessary to advance the Parral project. We anticipate preparing a preliminary economic assessment starting late this year.”
Goldshore Resources Inc. (TSXV:GSHR) has posted an update on its Moss Lake Project activities for the forthcoming spring and summer exploration period. The company’s President and CEO, Brett Richards, explained:
“With the recent market support to close the $10M funding; coupled with the excellent drilling and VTEM results previously shared with the market; we are pleased to be accelerating the exploration program at Moss Lake, as well as Coldstream, North Coldstream, Iris Lake and Hamlin Lake. It has been shown that all of the 29 high priority targets that have had historical drilling and/or form part of the historic resource; along with 17 gold targets identified in the VTEM interpretation need to be accelerated into this coming field season. The main purpose for this is to quantify and maximize the understanding of mineralization in all of these targets; prior to conducting a mineral resource update and updated PEA (intended to be published in Q1 2023).”
KORE Mining Ltd. (TSXV:KORE) has discovered a fourth outcropping prospect named “Galaxy” at the Imperial Gold Project, making for an inventory of four prospect areas totalling 802 acres. KORE’s CEO Scott Trebilcock commented:
“The large target areas, historic mine workings and similar outcropping rock types to the Imperial and Mesquite deposits give us confidence in making new discoveries in the structurally connected Mesquite-Imperial-Picacho District. Our field team continues to work our huge land package which now needs to be prioritized for our next drill permit application.”
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