The price of gold shot up over its 50 day moving average on Friday. Premier Gold announced this morning that commercial production at the El Niño underground mine in the Carlin Trend of Nevada has commenced. McEwen Mining says a new high-grade occurence of gold mineralization has been found on its Stock Property which is part of the Black Fox Complex near Timmins, Ontario. Trilogy Metals shared the second and final set of assay results from the summer’s exploration diamond drilling program at the Bornite Project in the Ambler mining district of Alaska. Barrian Mining announced the results form a third drill hole form the recently completed reverse circulation drilling program at the Bolo gold-silver Project in Nevada. Cardinal Resources shared their results of a full Feasibility Study for the Namdini Gold Project in Ghana.
Read MoreThe mining stocks on Thursday were boosted by both the jump in gold and silver and, just as significant, an unexpectedly big earnings estimate beat by Agnico Eagle Mines. Yamana Gold released their production numbers yesterday. Auryn Resources shared results from its seven-hole drill program at Committee Bay. Nexus Gold gave an update yesterday on its plan for the proposed November drill program at its Dakouli 2 gold concession in Burkina Faso.
Read MoreThe price of gold over the several days has oscillated laterally in a trading that, technically, could break either up or down. Agnico Eagle reported Q3 numbers on Wednesday. Revenues increased year over year 31% in Q3 vs 2018. Great Bear Resources announced today it intends to create and spin-out a 2% Net Smelter Royalty on any potential future mineral production at the Dixie property in Ontario. Tudor Gold announced the completion of its 2019 exploration program at the Goldstorm Zone on the company’s Treaty Creek property. Barrian Mining announced yesterday it had intersected two high-grade gold zones in recently completed drill hole #4 on the Bolo project in Nevada. Corvus Gold shared assay results from the follow up holes at the Cat Hill target on the North Bullfrog property in Nevada.
Robert Sinn joins Mining Stock Daily to introduce fundamental technical analysis for junior resource company charts. You can always follow Robert on Twitter using @CEOTechnician
Read MoreNick "The Mining Book Guy" discusses his recent investment into Mundoro Capital after the company recently announced a new joint venture with Vale on the exploration licenses in the Timok Magmatic Complex in Serbia.
Read MoreMining Stock Daily co-producer Dave Kranzler of Investment Research Dynamics joins the show to give a backdrop into the FED's Repo Market stabilization efforts, the strength of the dollar and the increase of the FED's balance sheet. Dave also shares why this is important for precious metals and the miners.
Read MoreI'm welcoming a new corporate sponsor to Mining Stock Daily. That's the Association of Mineral Exploration, located in beautiful Vancouver, British Columbia. And joining me today is the president and CEO, Kendra Johnston. Kendra has a wide range of experience in mineral exploration before her time here at AME.
Read MoreMining Stock Daily contributor Chris Temple gives listeners an update on the cancelled austerity measures in Ecuador and the cease in protests within that country. Chris gives us the backdrop which has lead to this decision and what it means for miners and mineral explorers within Ecuador.
Read MoreJamie Keech joins Mining Stock Daily to discuss his reasoning behind investing in Northern Vertex, the challenges the company has been working to solve over the past few months, and how the market has responded to those improvement. Jamie and Trevor also discuss current analysis and catalysts for the junior exploration sector and the "Project Shadow" his company, Capitalists Exploits, are currently working on.
Read MoreThe gold price weathered an attempt to take the price lower, bottoming at $1494 on a December contract futures basis before shooting higher after the London a.m. price fix and closing the day trading on Tuesday at $1510. We have new drill results and exploration news today from Gold Standard Ventures, Crystal Lake Mining, SilverCrest, Pure Gold, and Wallbridge Mining.
Read MoreNighthawk 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.
Read MoreK92 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.
Read MoreFiore Gold's CEO, Tim Warman, discusses the company's latest financial statements, reducing capital expenditures at Pan, and also looking forward to a unique land package in Washington state.
Read MoreToday 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.
Read MoreThe 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.
Read MoreNick 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.
Read MorePremier 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.
Read MoreThe 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.
Read MoreGold 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.
Read MoreAndrée 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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