DFMTF - Exploring Mining Podcast Episode 152
Point Roberts, WA and Delta, BC - March 18, 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.
Listen to the podcast:
https://www.investorideas.com/Audio/Podcasts/2021/031821-Mining.mp3
Exploring Mining Podcast Episode 152 - News from (TSXV: FOR) (OTC: FTBYF) (TSXV: DEFN) (OTCQB: DFMTF) (NYSE: MT) (NYSE: EXK) (TSXV: VGLD)
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Fortune Bay Corp. ( TSXV:FOR ) ( OTC:FTBYF ) has announced the start of the Phase 1 drilling program at its 100 percent-owned Goldfields Project in northern Saskatchewan, Canada. According to the press release, the company aims to complete "approximately 5,000 metres in 15 holes." Fortune Bay's CEO, Dale Verran, said:
"We are pleased to have started drilling a little over two weeks after being awarded a drilling permit. The mobilization to site was completed as planned and made efficient and cost-effective by access along the seasonal Lake Athabasca ice road. We now look forward to the results from our planned drill holes at Athona and Box, which will importantly include the receipt of gold assays in the coming weeks."
Defense Metals Corp. ( TSXV:DEFN ) ( OTCQB:DFMTF ) has recently been invited by the U.S Embassy in Ottawa, to attend the 2021 SelectUSA Investment Summit to be held virtually June 7-11, 2021. Craig Taylor, CEO of Defense Metals, commented:
"Defense Metals looks forward to attending the 2021 SelectUSA Investment Summit. At the Summit, Defense Metals will have the opportunity to meet with worldwide investors and engage with U.S. economic developers and service providers who can advise on a potential United States growth strategy. In addition, Defense Metals will continue its engagement with U.S. Interagency players, including the U.S. Department of Energy, the Export-Import Bank of the United States, and the Department of Defense, to reassert its position as a critical player in the U.S. industrial metals industry."
ArcelorMittal ( NYSE:MT ) has ann ounced the launch of its first three XCarb initiatives: 'XCarb green steel certificates,' 'XCarb recycled and renewably produced,' and 'XCarb innovation fund.' According to the press release, "XCarb™ will ultimately bring together all of ArcelorMittal's reduced, low and zero-carbon products and steelmaking activities, as well as wider initiatives and green innovation projects, into a single effort focused on achieving demonstrable progress towards carbon neutral steel."
Endeavour Silver Corp. ( NYSE:EXK ) has signed a definitive agreement to sell the El Cubo mine in Guanajuato, Mexico to VanGold Mining Corp. ( TSXV:VGLD ) for $15 million in cash and share payments plus up to $3 million in contingent payments. Also announced was that Endeavour's common shares "will be added to the S&P/TSX Composite and the NYSE Arca Gold Miners (GDX ETF) Indices effective after market close on Friday March 19, 2021." Commenting on the latter, Endeavour CEO, Bradford Cooke, said:
"Inclusion in these two major indices is a great milestone for the Company, validating our recent success and providing greater visibility to investors. Constituents of these indices receive both an increase in the company profile and inclusion in mutual and pension funds that use these indices as benchmarks."
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