Precious metals

Brixton Metals Drills 1,750 g/t Ag, 5.39 g/t Au, 2.65% Cu over 1.37m within a Broad 224.85m of 78.16 g/t Ag, 0.66 g/t Au, 0.24% Cu at its Hog Heaven Project

Retrieved on: 
Tuesday, July 7, 2020
Physical sciences, Chemistry, Atoms, Chemical elements, Electrical conductors, Noble metals, Precious metals, Transition metals, Silver, Gold

Brixton recognizes the potential for the Hog Heaven Project to host a cluster of mineralized systems.

Key Points: 
  • Brixton recognizes the potential for the Hog Heaven Project to host a cluster of mineralized systems.
  • At least three primary target areas have been identified for further drilling: the Main Mine, WF-Ole Hill area and Martin Mine area.
  • The project has affinity for strata-bound Cu-Ag deposits, high-sulphidation Ag-Au-Cu deposits and porphyry Cu-Au deposits.
  • The standards, blanks and duplicate assays were found to fall within acceptable limits, supporting the precision and accuracy of the reported results.

Gold Payment Service Granted License in Arizona, Where Citizens Can Use Gold As Money

Retrieved on: 
Tuesday, July 7, 2020
Professional services, Security, Technology, Finance, Software, Banking, Currency, Physical sciences, Chemistry, Atoms, Precious metals, Coro, Venezuela, Coro, Money, Gold, Legal tender

Arizona has the unique advantage of being one of a growing number of U.S. states to accept gold as legal tender.

Key Points: 
  • Arizona has the unique advantage of being one of a growing number of U.S. states to accept gold as legal tender.
  • Coro Global Inc. believes in the power of gold - the worlds oldest and most trusted form of money - to bring stability back into the financial system.
  • We believe that all U.S. states should allow gold to be used freely as money, said J.
  • Coro wants U.S. citizens to be able to use gold in its physical and digital forms, according to their preference, said Goode.

Juggernaut Exploration Update

Retrieved on: 
Monday, July 6, 2020
Physical sciences, Chemistry, Chemical elements, Silver, Precious metals, Coins, Metallurgical assay, Metallurgy, Gold, Aqua regia, Orogeny

These orogenic gold systems are commonly mined to depths of 1 to 3 kilometres.

Key Points: 
  • These orogenic gold systems are commonly mined to depths of 1 to 3 kilometres.
  • The planned inaugural drilling has excellent potential to expand this gold discovery both along strike and at depth.
  • is the qualified person as defined by National Instrument 43-101, for Juggernaut Exploration Ltd., and supervised the preparation of, and has reviewed and approved, the technical information in this release.
  • The sample pulps were analyzed for gold by fire assay method (Au-AA24) and were also assayed using multi-element aqua regia digestion.

Yamana Gold Provides Notice of Second Quarter 2020 Results

Retrieved on: 
Wednesday, June 24, 2020
Physical sciences, Chemistry, Atoms, Chemical elements, Electrical conductors, Noble metals, Precious metals, Transition metals, Yamana Gold, Yamana, Silver, Metal

The conference call replay will be available from 12:00 p.m.

Key Points: 
  • The conference call replay will be available from 12:00 p.m.
  • ET on July 24, 2020, until 11:59 p.m.
  • ET on August 14, 2020.
  • Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.

Gold on Track For Highest Levels in 7 Years

Retrieved on: 
Wednesday, June 24, 2020
Bullion coins, Finance, Precious metals, Investment, Money, Gold coins

It recently hit its highest settle since March 27, 2013, when gold settled at $1,606.2/oz.

Key Points: 
  • It recently hit its highest settle since March 27, 2013, when gold settled at $1,606.2/oz.
  • Citi also recently upgraded its six-to-12 month price target for gold to $1,700/oz and upgraded its 2020 base case average gold price forecast from $1,575 to $1,640/oz.
  • "The set-up in gold options markets and call skew is reminiscent of 2010/2011, when gold last traded to $1,800-1,900/oz," the note said.
  • "Meanwhile, gold net long positioning when normalized for the expanded asset base is at only half the levels of the 2011 peak."

Gold on Track For Highest Levels in 7 Years

Retrieved on: 
Wednesday, June 24, 2020
Bullion coins, Finance, Precious metals, Investment, Money, Gold coins

It recently hit its highest settle since March 27, 2013, when gold settled at $1,606.2/oz.

Key Points: 
  • It recently hit its highest settle since March 27, 2013, when gold settled at $1,606.2/oz.
  • Citi also recently upgraded its six-to-12 month price target for gold to $1,700/oz and upgraded its 2020 base case average gold price forecast from $1,575 to $1,640/oz.
  • "The set-up in gold options markets and call skew is reminiscent of 2010/2011, when gold last traded to $1,800-1,900/oz," the note said.
  • "Meanwhile, gold net long positioning when normalized for the expanded asset base is at only half the levels of the 2011 peak."

The Gold-Silver Price Ratio is Starting to Drop and Investors are Turning Towards Precious Metal Stocks

Retrieved on: 
Wednesday, June 24, 2020
Finance, Investment, Money, Exchange-traded funds, Precious metals, Security, Gold investments

After experiencing years of funding declines, investment dollars are pouring into the precious metals market via exchange-traded funds (ETFs), physical gold and silver purchases, and mining stocks.

Key Points: 
  • After experiencing years of funding declines, investment dollars are pouring into the precious metals market via exchange-traded funds (ETFs), physical gold and silver purchases, and mining stocks.
  • Although gold prices have already made a significant comeback in 2020, analysts see the prices continuing to rise.
  • In April, Bank of America raised its 18-month gold price target , which is higher than the existing price record.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

The Gold-Silver Price Ratio is Starting to Drop and Investors are Turning Towards Precious Metal Stocks

Retrieved on: 
Wednesday, June 24, 2020
Finance, Investment, Money, Exchange-traded funds, Precious metals, Security, Gold investments

After experiencing years of funding declines, investment dollars are pouring into the precious metals market via exchange-traded funds (ETFs), physical gold and silver purchases, and mining stocks.

Key Points: 
  • After experiencing years of funding declines, investment dollars are pouring into the precious metals market via exchange-traded funds (ETFs), physical gold and silver purchases, and mining stocks.
  • Although gold prices have already made a significant comeback in 2020, analysts see the prices continuing to rise.
  • In April, Bank of America raised its 18-month gold price target , which is higher than the existing price record.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Calibre Mining Provides Revised 2020 Production and Cost Guidance: Expects Gold Production of Between 110,000 and 125,000 Ounces at Total Cash Costs¹ of Between $880 and $920 an Ounce

Retrieved on: 
Wednesday, June 24, 2020
Ounce, Companies, Measurement, Economy, Precious metals, S&P/TSX 60 Index, Detour Gold, Largest gold companies

The Company believes that investors use certain non-IFRS measures as indicators to assess gold mining companies, specifically Total Cash Costs per Ounce and All-In Sustaining Costs per Ounce.

Key Points: 
  • The Company believes that investors use certain non-IFRS measures as indicators to assess gold mining companies, specifically Total Cash Costs per Ounce and All-In Sustaining Costs per Ounce.
  • In the gold mining industry, these are common performance measures but do not have any standardized meaning.
  • (1) Total Cash Costs per Ounce of Gold: Total cash costs include mine site operating costs such as mining, processing and local administrative costs (including stock-based compensation related to mine operations), royalties, production taxes, mine standby costs and current inventory write downs, if any.
  • Total cash costs per gold ounce are net of by-product silver sales and are divided by gold ounces sold to arrive at a per ounce figure.

Generation Mining begins MT surveys on the Marathon Palladium Property

Retrieved on: 
Wednesday, June 17, 2020
Chemical elements, Physical sciences, Chemistry, Precious metals, Economic geology, Geomagnetism, Magnetotellurics, Palladium, Platinum group, Impala Platinum

Generation Mining Limited (CSE:GENM) (Gen Mining or the Company) is pleased to announce the engagement of Quantec Geoscience Limited to complete a Spartan Magnetotelluric (MT) geophysical survey over portions of the Companys Marathon Property.

Key Points: 
  • Generation Mining Limited (CSE:GENM) (Gen Mining or the Company) is pleased to announce the engagement of Quantec Geoscience Limited to complete a Spartan Magnetotelluric (MT) geophysical survey over portions of the Companys Marathon Property.
  • MT surveys have been very successful in delineating platinum group element (PGE) and massive sulfide mineralization at various prospects in Northwestern Ontario, yet, to date, no MT surveys have been employed on the Marathon Property.
  • These successes include several significant PGE/Cu drill intersections at the Impala Platinum (North American Palladium) and Transition Metals Sunday Lake property, targeting conductive sources from a 2018-19 Quantec Spartan MT survey.
  • The W-Horizon constitutes a portion of the Marathon Deposit resource and is recognized in the scientific literature as a zone of extreme palladium enrichment.