CNMXF - Exploring Mining Podcast Episode 186: FSM EXK CNMXF ENDR GTG
Point Roberts, WA and Delta, BC - July 21, 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.
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Exploring Mining Podcast Episode 186 - News from (NYSE: FSM) (NYSE: EXK) (OTC: CNMXF) (TSXV: ENDR) (CSE: GTG)
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Fortuna Silver Mines Inc. ( NYSE:FSM ) has announced production results for Q2 from its three operating mines in the Americas: the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Lindero Mine in Argentina. Highlights include silver production of 1,892,822 ounces - up 49 percent over Q2 2020, gold production of 31,048 ounces - up 337 percent over Q2 2020, lead production of 8,143,876 pounds - up 20 percent over Q2 2020, and zinc production of 11,763,866 pounds - up 7 percent over Q2 2020.
Endeavour Silver Corp. ( NYSE:EXK ) has entered into a definitive agreement with Canamex Gold Corp. ( OTC:CNMXF ) to acquire a 100 percent interest in the latter's Bruner Property, a gold exploration, located in Nye County, Nevada, for $10 million USD in cash. Endeavour CEO, Dan Dickson, commented:
"Bruner represents a good start on building an attractive gold-silver portfolio in Nevada and should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.
Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada."
Enduro Metals Corporation ( TSXV:ENDR ) has commenced its 10,000m drill program on the Newmont Lake property in BC, Canada. The company also plans to add a second drill rig in early August. Enduro CEO Cole Evans said:
"There are several high-quality untested targets across our large land package providing multiple paths to a major discovery. We are delighted to be back on the ground and drilling again and excited to build on what we have learned over the past three years. We are optimistic that we will see exciting results from this season's drilling."
Great Thunder Gold Corp. ( CSE:GTG ) has entered into an agreement to purchase a 100 percent interest in the Southwest Pond Gold Project in the Newfoundland Gold Belt. The project in question, according to the press release, boasts "a total of 318 mineral claims encompassing a land area of approximately 80km²," and "covers geological terrain that is underexplored and has the potential to host mineralization in secondary and tertiary structures."
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