The Monday Post 7

Featured Image: Enduro Metals' CEO Cole Evans Channel sampling approx. 800m from high-grade gold, silver & copper Ken Zone. (Photo: Enduro Metals, 2020)

It is Monday again! Not much appears to be occurring in the way of company news releases this week, although that isn’t to say some excitement doesn’t await you below. I also read the BGS are debuting a new geo-jigsaw if you would like to start early Christmas shopping for your geo-relatives.

COMPANY UPDATES:

Enduro Metals Corp. (TSXV: ENDR OTC: SIOCF FSE: SOG-FF) report results of their 2020 drill campaign at their Newmont Lake Project, in the Golden Triangle of British Columbia. Highlights include: 31.09 g/t Au, and 1.07% Cu over 8.85 metres including 225.30 g/t Au, and 4.90% Cu over 0.59 metres. Their results are significant to their understanding of the geology of both the project and wider area. Aff

“…amalgamating our work from 2020 to create what we believe will be a revolutionary new way to look at the entire Newmont Lake area that may have greater implications for the Golden Triangle as a whole.” Cole Evans, Enduro, CEO & President.[1]

Excellon Resources (TSX:EXN, NYSE: EXN, FRA:E4X2) announce results of Q3 production at their Platosa silver mine in Durango Mexico, which show increased production of silver, lead, and zinc. They have also finalised a private electricity supply contract which is expected to lower operating costs.

Granada Gold (TSXV: GGM) report intersections of 3.66 g/t Au over 26.5m near surface, which includes 13.49 g/t Au over 4m and 29.8 g/t over 1.5m at their Granada property in the Abitibi Belt. The results represent only a portion of the drill core sent for assay but nonetheless comprise in part a program that has succeeded in delineating high-grade zone extension near surface. The Granada Gold Mine is past producing and has 2019 NI43-101 resources. For more information see Spotlight on Granada Gold below.

INDUSTRY NEWS:

Mining Merch! (Finally…). Ariana Resources are the first company (That I know of anyway) to sell company merchandise, and better than that the proceeds from sales go to funding education and sustainability projects in the communities in which they operate. The t-shirts are emblazoned with very enjoyable mining-related content and will let all your friends know that you are in fact a rock-licking mine lover, if you haven’t already told them. Please check them out below! My personal favourite is ‘License to drill’.

Digbee ESG reporting tool to be released late 2020. Digbee, ‘The data, research & ESG platform for the mining industry’, are launching an online service that will provide mining companies with an assessment of their ESG metrics, determined using over 30 known initiatives and reporting frameworks. The assessment is designed to practically assess real risk and provide a future-looking and industry approved set of frameworks for ESG disclosure. The tool is not just for use by companies either, ESG-conscious investors can use it to track the ESG metrics of companies they are interested in. It is stated that for the investor there is a focus on actions and impacts; what is being done now and is it helping, and what will be done in the future. I recommend watching the excellent video walkthroughs on Digbee’s website to learn more.

BGS Big Borehole Dig. The British Geological Survey are calling on geo-minded citizens to help digitise their database of over 1.4 million borehole records. The aim is to increase the volume of publicly available data that will help with future site investigations, ground models, and academic projects. The data will additionally increase our understanding of the UK’s subsurface geology. Anyone wanting to get involved simply needs to download their free Groundhog Desktop software. More information below.

EVENTS:

28th October, 10:00 - Webinar on the comparative analysis of seabed mining and land-based mining by The International Seabed Authority.

28th October, 7:00 GMT - Targeting VHMS mineralization in the Archean Yilgarn Craton of Western Australia by Steve Hollis (University of Edinburgh). An Ore Deposits Hub event.

28th October, 12:00 AWST - The Geological Characteristics and Geochemical Signature of Porphyry Copper-(Gold) Deposits in the Circum-Pacific: Why it is not all About the Potassic Zone by Dr. Steve Garwin. An AusIMM event.

28th October, 16:00 GMT - The 290 Ma jackpot in the Tienshan, Central Asia by Reimar Seltman (NHM). An Ore Deposits Hub event.

30th October, 16:00 AEDT - Geoscience Australia’s Exploring for the Future Program - An Update from Geoscience Australia on the $225m minerals, energy, and groundwater program by Marina Costelloe. A GeoHUG event.

Wishing you all a happy week!

Esme

Further information

Event sign-ups:

Seabed mining: https://bit.ly/2HipLe5

GeoHUG: https://geohug.rocks/30-october-australia

Ore Deposits Hub: https://oredepositshub.com/register/ (All talks are live streamed on YouTube and posted afterwards)

AusIMM: https://bit.ly/3mcNZ8S (Note: Event free for AusIMM members, $20 for non-members)

Companies

Enduro Metals: https://endurometals.com/

https://endurometals.com/mclymont/ (Project)

https://bit.ly/35sUn57 (NR)[1]

Excellon Resources: http://www.excellonresources.com/

https://bit.ly/3mebwpS (Platosa Mine)

https://bit.ly/3ookGlS (NR)

Granada Gold: https://granadagoldmine.com/

https://bit.ly/3mfThQU (NR)

https://bit.ly/3jvGLuS (Granada, Project of the Week)

Industry News

Ariana t-shirts: https://ariana-resources.teemill.com/

Digbee ESG tool: https://bit.ly/2Hrc0dQ

BGS: https://bit.ly/3dUSKB6