Could a correction in gold be nothing more than a sideways consolidation? Galway metals and Arizona Metals both shared new drill results from their respected projects. First Majestic announced their quarterly production numbers. Minera Alamos released a construction updated on Santana. And there is a new bidding battle for Cardinal Resources.
Read MoreGold in a corrective state. Western Copper & Gold release their updated resource estimate for Casino. Paramount Gold Nevada receives another key permit. Drill results from Liberty Gold. Production guidance from Victoria Gold. An updated PFS from Endeavour Silver.
Read MoreGold shot up and closed well over $1800 futures basis yesterday. Wesdome has new exploration drill results out from Eagle River. Rio2 makes a key mine construction decision. Contact Gold shares its 2020 drilling strategy at Green Springs. Talisker divests from a few portfolio assets. Golden Minerals ready to drill Rodeo. Fiore Q3 production numbers are out.
Read MoreGold continues to be rejected at $1800 futures basis. We have a plethora of drill results out this morning, including updates from O3, Genesis, GR Silver, Pure Gold Mining and Erdene. Integra aims to trade on the NYSE. EMX acquires more royalty properties.
Read MoreAfter a short break, Mining Stock Daily is back to kick off the second half of 2020. Kincora Copper reported the assay results of the first hole at the Trundle project. Great Bear shares a long list of new drill results. Enduro Metals shared new drill results from the Newmont Lake Project. K92 has a record quarter. HighGold enters into an $8million financing.
Read MoreOptions on July silver futures expire at the close of Comex trading hours today. Ascot Resources shared news regarding its 2020 exploration program at the company’s Premier Gold Project and the Red Mountain Project. Sama Resourced shared results from exploration drilling at its Nickel, Copper, Palladium projects in Ivory Coast, West Africa. Amex Exploration reported multiple drill results from the Eastern Gold Zone on its 100% owned Perron property in northwestern Quebec, Canada. Summa Silver announced it has finalized plans for a 7,500 meter summer drill program on its Hughes Property in Central Nevada.
Read MoreGold and silver shot up on Monday morning. Liberty Gold announced the first drill results from the 2020 drill program at its Carlin-style Black Pine property in southern Idaho. Ero Copper shared their second quarter exploration update. Nexus Gold provided an exploration update front heir Dakouli II Gold Concession in Burkina Faso. Great Thunder has acquired 76 additional claims covering 4,200 hectares. Osino Resources announced it agreed to a bought deal financing totaling $15.4 million Canadian dollars.
Read MoreCaldas Gold to enter into a gold stream deal with Wheaton Precious Metals. Roscan Gold shared diamond drill results from an additional 10 holes at its Mankouke South Target at the Kandiole Project in West Mali. GR Silver announced drill results from the Plomosas Silver Project in Sinaloa, Mexico. These results are located in the Plomosas Mine Area. Tudor Gold says it has added a third diamond drill rig to the 2020 companies as the company intensified its exploration efforts at its flagship Treaty Creek property. TriStar Gold announced it has entered into a bought deal with Cormark Securities for a total of $8 million. HighGold begins trading on the OTCQX.
Read MoreGreat Bear Resources has a new zone discovery from the Dixie Project in Ontario. Shandong Gold looks to acquire Cardinal Resources. Contact Gold announced receipt of a key permit for the Pony Creek gold project. Sierra Metals announced the discovery of a new high-grade silver zone with significant widths of Epithermal Veins. Anaconda Mining announced results from infill drilling at the Argyle Deposit on the Point Rousse Project in Newfoundland. Discovery Metals announced results from eight diamond drill holes completed at its flagship Cordero project located in Chihuahua State, Mexico.
Read MoreWe have the Oreninc Weekly Update today. Roscan Gold has signed a Definitive Agreement with Komet Resources to purchase its wholly owned subsidiary Komet Mali. Superior Gold shared drill results from the ongoing underground diamond drill program at the Plutonic Gold Mine in Western Australia. MacDonald Mines reported the remaining assay results from its Winter 2020 drilling program. Vizsla Resources says it has added a second drill rig. Northern Dynasty Minerals announced a local revenue sharing program.
Read MoreGold was hammered lower yesterday prior to the Fed announcement it will begin buying corporate bonds. Probe Metals says results from exploration drilling at the Val-d’Or East Cadillac Break East Option property. Liberty Gold reported results from Bulk Sample metallurgical testing on oxide material from its Black Pine Project. Ivanhoe Mines announced this morning it has successfully completed the sinking of Shaft 1 at Platreef. Osisko Metals announced results of an independent Preliminary Economic Assessment.
Read MoreEly Gold Royalties announced it has entered into an agreement with Provenance Gold. Arizona Metals Corp says it will commence a 1,300 meter drill program on its Sugarloaf Peak Project in La paz County, Arizona. Etruscus Resources says they have discovered a very large and compelling new target – "The Wall" – at its 100%-owned Rock and Roll Property in the heart of the Eskay Camp in Northwest British Columbia's Golden Triangle. Nexus Gold reported in anticipation of its upcoming drill program that it is mobilizing both crew and equipment to the McKenzie Gold Project. Eric Sprott finances Tudor Gold for $9.3 million.
Read MoreThe Fed announcement yesterday made gold move. Great Bear Resources has more drill results out this morning from the LP Fault at the Dixie Project in Red Lake district of Ontario. First Majestic Silver announced it has agree to acquire from First Mining Gold Corp a stream on 50% of payable silver produced from the Springpole Gold Project. Capstone Mining announced the results of an updated mineral resource estimate for the Cozamin Mine in Zacatecas, Mexico. Silvercorp Metals announced it elected not to exercise its “right to match” the Superior Proposal for Guyana Goldfields. Crystal Lake to change its name.
Read MoreGold rebounded yesterday while silver lagged. Minera Alamos reported additional drill results from its Phase 2 drill program at the Santana gold project in Sonora, Mexico. Eclipse Gold reported drill results from its first phase of drilling at the Hercules Gold Project located in Lyon County, Nevada. Maple Gold Mines shared more assay results from its 2020 winter drilling program at the Douay Project. MegumaGold and Osprey Gold have entered into a definitive agreement to merge. Evrim Resources and Renaissance Gold announced they have entered into an agreement to combine in a merger-of-equals.
Read MoreNew Gold announced it has entered into a definitive agreement with Artemis Gold to divest its Blackwater project located in British Columbia. Talisker Resources announced results this morning from its Bralorne Gold Project. Kincora Copper says the second diamond drill hole of their maiden drilling program at the Trundle Project is complete. Bluestone Resources reported more assay results from its infill drilling activities currently underway at the Cerro Blanco gold project in Guatemala. VanGold reported results from its 1,000 tone bulk sample. Corvus Gold provided an update on its ongoing detailed mining studies in the Bullfrog Gold District. FireFox Gold provided an update into its 2020 exploration plans in the Central Lapland Greenstone Belt in Finland.
Read MoreGreat Bear Resources reported the widest, highest-grade gold interval drilled at the LP Fault too date. Eldorado announced new infrastructure plans for Lamaque. O3 Mining is mobilizing the 2nd drill rig. More uranium mineralization for Azarga.
Read MoreThere is yet another plot-twist in the Guyana Goldfields acquisition story. We have exploration updates from Western Copper and Gold, O3 Mining, and Pure Gold. Gaia Metals and Treasury Metals are also increasing their land holdings.
Read MoreThe mining stocks have outperformed the S&P 500 and Dow year to date. Calibre Mining shared its maiden mineral resource estimate for the Panteon deposit at its Limon mine. EMX Royalty has an option agreement for the Antelope gold Project in Nevada in place with Hochschild Mining. Northstar Gold reported assay results from a partially complete Phase I diamond drill program on the company's Miller Gold Property. Premier Gold shared drilling results from its Mercedes Mine in Sonora, Mexico. Galway Metals is raising $12 million. We also have this week's Oreninc Weekly.
Read MoreThere was lots of up and down movement in gold yesterday. We have drilling results this morning from Genesis Metals, Probe Metals, Endeavour Silver, Velocity Minerals, and New Age Metals. Contact Gold is prepared to drill the Zulu Target. Wester Copper and Gold closed its financing. Vangold bulk sample testing is complete.
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