DFMTF - Exploring Mining Podcast 201: OTGO DEFN NCM CDE EXK

Point Roberts, WA and Delta, BC - September 10, 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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Defense Metals Corp. ( TSXV:DEFN ) ( OTCQB:DFMTF ) has announced the start of diamond drilling at its Wicheeda Rare Earth Element (REE) deposit, where it "plans to complete up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources." The company's CEO, Craig Taylor, said:

"Defense Metals is excited to commence its 2021 resource expansion and delineation diamond drilling at Wicheeda. We expect completion of the 2021 campaign will further solidify Wicheeda as one of the premier North American REE assets, and subject to a successful PEA, leave us well positioned to initiate further advanced economic studies."

Newcrest Mining Limited ( ASX:NCM ) has published an exploration update for its Red Chris project in British Columbia, Canada, and its Havieron project in Western Australia. The company's Managing Director and CEO, Sandeep Biswas, said:

"We are excited by our continued exploration success at Red Chris and Havieron, with our extensive growth drilling programs delivering a number of new high grade intercepts in the period. At Red Chris, results from our new East Ridge discovery demonstrate the continuity of mineralisation along strike and at Havieron we intersected several new high grade intercepts outside of the initial Inferred Mineral Resource estimate, including HAD133W1 which returned 133m @ 7.0g/t Au. These results continue to support the potential for resource growth outside of the existing resource shells."

Coeur Mining, Inc. ( NYSE:CDE ) has reported an update on the 2021 exploration programs at its Palmarejo and Kensington operations, and highlighted new drilling results at its Silvertip and Wharf mines. According to the press release, the company drilled "698,100 feet (212,775 meters) from 27 active rigs at six different locations through the first seven months of 2021," a year-over-year increase of about 58 percent. Hans J. Rasmussen, Coeur's Senior Vice President of Exploration, explained:

"We remain on-track to deliver the largest exploration campaign in Company history and are regularly setting new monthly drilling records. We expect to complete roughly 1.2 million feet (365,750 meters) of drilling by the end of the year, with the primary objective of further extending mine lives across our portfolio. These goals, along with our track record of consistently growing our reserve and resource base through the drill bit, are true differentiators for Coeur. Assays from both Palmarejo and Silvertip continue to demonstrate significant growth potential, further validating our commitment to a higher-level of exploration investment at each site. The Hidalgo zone at Palmarejo represents the most significant near-mine opportunity since our focused exploration program began in 2012."

Endeavour Silver Corp. ( NYSE:EXK ) has completed a Feasibility Study on its 100 percent owned Terronera Project in Jalisco state, Mexico. Highlights from the study include the modeling of an underground mine operation "that will process 7.4 million tonnes of ore at 1,700 tonnes per day (tpd) over the 12-year mine life (LOM)," and total LOM reserve increase "by 33% to 7.4 million tonnes." Endeavour CEO Dan Dickson commented:

"In the mining industry, there are very few silver dominant projects that are substantially de-risked and located in favorable jurisdictions such as the Terronera Project."

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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