Gold Rebounds on Chinese Trade Updates; Nighthawk Drilling News from Treasure Island

Nighthawk Gold shared some drill results from its Treasure Island Gold Project, located 11 km north of the Company's flagship Colomac Gold Project within the northern portion of its 100% owned Indin Lake Gold Property, in Northwest Territories of Canada. Tinka Resources also shared assay results this morning. These results come from the company’s Ayawilca project in Peru. Prophecy Development Corp announced it is undertaking a non-brokered private placement involving the issuance of 10 million Common Shares of the company at a price of $.40 per share to raise a total of $4-million. Mundoro Capital announced yesterday it has entered into an earn-in agreement with Vale Canada, in which Mundoro has granted to Vale an option to earn-in to four of Mundoro’s exploration licenses located within the Timok Magmatic Complex.

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Exploration News from K92, Benchmark and MacDonald

K92 Mining announced results from the continuing diamond drilling of the Kora North Extension of the Kainantu Gold Minein Papua New Guinea. Benchmark Metals reported its first drill hole result of the year from the Phoenix Zone in the Lawyers Project in northern British Columbia. MacDonald Mines Exploration announced results from the second hole of its on-going exploration program at the company’s SPJ Property just east of Sudbury, Ontario.

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Corporate Update with Contact Gold (Recorded from Beaver Creek)

Today we air an interview with Matthew Lennox-Kind of Contact Gold (TSX.V-C / OTC:CGOL). This was recorded during the Beaver Creek Precious Metals Summit. Matthew discusses the Plan of Operations for both Pony Creek and Green Springs, which the company recently put a press release out regarding some historic RC drill assays. He also discusses things to be looking for from the company throughout the remainder of the year.

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Greenstone Gold Mines Increases Gold Resource by 26% at Hardrock Deposit

The price of gold leaped back over both $1500 and the 50 day moving average on Wednesday. Sun Metals reported multiple intercepts from drilling in the 421 zone at its Stardust project in northcentral British Columbia today. Premier Gold and Centerra Gold announced results of an updated mineral resource estimate for the Hardrock deposit. Corvus Gold announced it has entered into an agreement with BMO Capital Markets, as sole underwriter, under which BMO Capital Markets has agreed to buy on a bought deal basis 10,000,000 common shares of the Company. Contact Gold released results from Green Springs from four RC drill holes that were in dry storage. Fortuna Silver closed a $40 million convertible bond financing.

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Corporate Update: Tristar Gold

Nick Appleyard from TriStar Gold joined Mining Stock Daily for a quick corporate update. TriStar trades on the Toronto Venture Exchange with TSG.V. Nick discusses the recent royalty sale ($8mil) to Royal Gold on their Castelo de Sonhos gold project, is located in Pará state, Brazil. Nick also discusses catalysts of news to look forward to in the coming months and into 2020.

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Premier Gold Drill Results at Mercedes Returns Higher than Average Production Grades

Premier Gold shared an update from its 42,000 meter drilling program at the Mercedes Mine in Sonora, Mexico. Marathon Gold also had new drill results to share this morning. IAMGOLD also had drill results to share from the Karita project in Guinea. An update from the Cobalt 27 Acquisition arrangement. And new executive leadership for Crystal Lake Mining.

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Gold & Silver Plummet Below 50-DMA, Juniors Dip on the Sell-off

The price of gold crashed through its 50 day moving average to close Monday at $1472, futures basis. Silver also plunged below its 50 day moving average to close at $17 even. Liberty Gold shared some new drilling results this morning from its Black Pine project in southern Idaho. Pure Gold Mining says ongoing drilling along the Madsen Red Lake Mine Trend has added 530 metres of mineralized strike length to the Wedge Zone, expanding the deposit footprint by 85% and continuing the rapid progression of this zone. Eastmain Resources, Azimut Exploration and Newmont Goldcorp shared results from 26 drill holes completed during the late fall of 2018 and winter 2019 drilling program at the Éléonore South Joint Venture property. Contact Gold announced that it optioned its Cobb Creek gold project in Nevada's Cortez Trend to Fremont Gold.

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McEwen Mining's Stock Property Continues to Show High-Grade

Gold is taking another hit this morning as the U.S. - China trade war uncertainties are causing investors to flee to the dollar, as that index continues to rise. SEMAFO shares their results this morning from a preliminary economic assessment for its Nabanga project in Burkina Faso. McEwen Mining shared some more exploration results from its Stock Property near Timmins, Canada, which is part of the greater Black Fox Complex. Great Bear Resources says it has completed 14 drill fences spaced from 50 to 800 meters apart along 3.2 kilometers of the LP Fault and have a large number of drill results pending. Precipitate Gold announced a non-brokered private placement units to raise up to $1.5 million. Prophecy Development announced it has commenced its 5,000 meter diamond drilling campaign at the Pulacayo Paca silver-zinc-lead deposit in Bolivia.

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Integra Resources Discusses Exploration Strategy at DeLamar & Florida Mountain Post-PEA

Andrée St-Germain (CFO) and Josh Serfass (VP Corporate Development) sat down with Mining Stock Daily to discuss exploration strategy at both DeLamar and Florida Mountain after recently publishing both a resource estimate (4mil oz M&I) and the most recent PEA. We breakdown those numbers, where exploration drills will be focusing in the coming months, and what will lead the company into 2020.

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Comex Gold Contracts Hitting All-time High & Noteworthy Exploration Results from Juniors

The gold price was taken down hard about an hour after the Comex floor trading opened on Wednesday. The final three diamond drill holes at Osino Resource’s Twin Hills Discovery area have been shared. MacDonald Mines announced results from the first hole of its inaugural drilling program on the Scadding Deposit at its SPJ property northeast of Sudbury, Ontario. Revival Gold released results from 9 holes from its summer core drilling program at the former producing Beartrack Gold Project in Idaho. Tanzanian Gold also announced assay results this morning.

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Corporate Update from Americas Gold & Silver

Americas Gold & Silver (TSX:USA/NYSE:USAS) CEO Darren Blasutti sat with Trevor Hall to provide a corporate update into the company's progress in building the Relief Canyon gold project in Nevada, upgrading infrastructure and equipment at the Galena Complex in Idaho, and how the company focused on keeping high grade, high margin silver in the ground throughout the bear market while still keeping the company above water through base metal production and sales.

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Wesdome Updates its Resource Estimate for Kiena

Wesdome Gold Mines this morning announced an updated mineral resource estimate for its Kiena Mine Complex in Val d’Or, Quebec. EMX Royalty Corp has agreed to sell their Alanköy and Trab-23 exploration projects in Turkey to a privately owned Turkish Company. Premier Gold Mines announced it has sold a package of net smelter return royalties to Franco-Nevada Corporation for total gross proceeds of US$6-million. White Gold shared diamond drill results from its flagship White Gold Property. Rugby Mining announced a $1 million non-brokered private placement.

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Western Copper and Gold Hit High-Grade at Casino

Western Copper & Gold have hit high grade gold during their recent drilling campaign. Platinum Group Metals shared their results from an independent Definitive Feasibility Study on the Waterberg Project. Oceana Gold says further drilling at the Martha Underground Project at the Waihi Gold Mine in New Zealand supports an increase to the size of the exploration target. Azucar Minerals reported more drill results from its 2-year comprehensive drill program on its El Cobre gold-copper porphyry system project in Veracruz, Mexico. QMX Gold shared assay assay results from the reconnaissance drilling program on the Bevcon target.

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Osisko Gold Royalties to Acquire Barkerville in C$338-million Deal :: Corporate Update from Osino Resources

Osisko Gold Royalties announced it has entered into a definitive agreement with Barkerville Gold Mines to acquire all outstanding shares. We also discuss Osino Resources and its Namibian project with the company's CEO, Heye Daun. This interview was recorded at the Beaver Creek Precious Metals Summit. 

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Gold Exploration Results from Rugby, Amex and Ascot - CEO Corporate Updates from Western Copper and Nighthawk Gold

Rugby Mining says it has intersected a gold-copper porphyry below mine workings at the Motherlode Gold-Copper Project in the Philippines. Amex Exploration reported results from drilling at the Gratien Gold Zone on its Perron property in northwestern Quebec. Ascot Mining also shared new drill results this morning.

We also air interviews with Paul West-Sells of Western Copper and Gold as he gives updates on latest drilling happening at Casino. Michael Byron of Nighthawk Gold also discusses latest catalysts for Colomac.

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New Discovery at CLM's Newmont Lake and a Conversation with Rio2's Alex Black

All eyes are on the Federal Reserve today as the market is now 50/50 on a potential rate cut. Crystal Lake Mining has hit a new discovery at their Newmont Lake Gold Project in British Columbia. I sit down with Alex Black, CEO of Rio2, to discuss the company's latest PFS along with market reaction and his proven method of mine building.

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Junior News alongside Corporate Updates from Crystal Lake Mining and Cartier Resources

Today we air conversations with a team from Crystal Lake Mining as they introduce their project in BC's Golden Triangle. We also catch up with Philipe Cloutier of Cartier Resources where he discusses the developments of the Chimo Mine and the company's other assets in its portfolio. News for today includes information from Brixton Metals, Integra Resources, Kirkland Lake and Novo Resources.


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