Mars could help gold mining
Perseverance will cause trouble on Mars in 2021. The adjustment of the measuring instruments could perhaps one day help with the determination of rocks on Earth as well. Gold companies could benefit...
Receive up-to-date information about the company directly via push notification
Certainly Mars is very far away - in terms of distance. Certainly the findings of the Mars mission will also be far away - this time in terms of time. But the vehicle, Perseverance, which is currently being brought to Mars, will be able to analyse rock samples from early 2021. For this purpose, it will even fly a piece of a meteorite back to Mars. - Carrying owls to Athens? It's not quite like that. The Martian rock that has landed on Earth, because the meteorite has probably been a piece of Mars, will be used to set up the rock analysers. Calibration is what the experts call it.
Possibly the findings can then be used for even better devices. These could then be used to examine rocks on earth more specifically or at least with less susceptibility to errors in the results. One industry that depends on good exploration results is gold mining. This involves the search for good areas, the examination of the rock and the perfect preparation to free the gold.
Companies that could benefit from technological advances, whether based on the Mars discovery or more internally from the mining industry itself, in gold exploration are Aztec Minerals and Condor Gold.
Tombstone and Cervantes are the two main projects of Aztec Minerals - https://www.commodity-tv.com/ondemand/companies/profil/aztec-minerals-corp/ . Cervantes is a porphyry gold-copper-molybdenum project located in the Mexican state of Sonora, 160 kilometres east of Hermosillo. Initial drilling has already returned results of up to 1.18 grams of gold and 5.1 grams of silver per tonne of rock and 0.16 percent copper. Tombstone, however, is a silver-gold-copper-lead-zinc project.
The area located in southern Arizona was already an active mining region in the past. It has produced 32 million ounces of silver, 240,000 ounces of gold and millions of pounds of lead and zinc. Recent soil samples have revealed further excellent development potential.
Condor Gold - https://www.commodity-tv.com/play/condor-gold-further-derisking-of-la-india-deposit-and-taking-steps-towards-construction/ - works at the La India gold mine in Nicaragua. Initially, around 100,000 ounces of gold will be produced annually. The historic mining district of La India is now 98 percent owned by Condor Gold. The open pit mineral resources amount to approximately 1.12 million ounces of gold. Environmental permits have already been granted.
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the companies addressed in each case and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. In spite of the greatest care, I expressly reserve the right to make
errors, particularly with regard to figures and prices. The information contained herein is taken from sources that are considered reliable, but in no way claims to be correct and complete. Due to court decisions, the contents of linked external pages are also to be answered for (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/