Northstar Gold (CSE:NSG) recently signed two key non-binding memorandums of understanding (MOUs) that are a pivotal first step to advancing its business.
The first MOU was signed with Hunan Nonferrous Geological Exploration Institution Pvt. Ltd., a subsidiary of the Remote Sensing Geological Survey and Monitor Institute of Hunan Province in China.
This partnership grants Hunan Nonferrous the opportunity to explore and develop a near-surface NI43-101 gold mineral resource at Northstar’s 100-per-cent-owned Miller Copper-Gold Property in Ontario.
Click here for the full story.
Sponsored by
Commodity prices
As of the time of this writing Tuesday, the price of gold sits at US$2,621.20 per ounce, down from $2,653.84 in last week’s update, according to data from Kitco.com.
This week in gold
- Laurion Mineral Exploration’s (TSXV:LME) president and CEO Cynthia Le Sueur-Aquin increases her stake in the company to 750,000 stock options.
- Ibrahim Traoré, junta leader and president of Burkina Faso, declares in a radio address that he would withdraw certain foreign mining permits in a bid to nationalize the production of gold, the country’s top export.
- Robex Resources (TSXV:RBX) reveals it is on pace for first gold pour at its Kiniero Project in Guinea by Q4 2025.
Top six trending gold stocks
- New Found Gold (TSXV:NFG)
- Tudor Gold (TSXV:TUD)
- B2Gold (TSX:BTO)
- Maritime Resources (TSXV:MAE)
- Fortune Minerals (TSX:FT)
- Sirios Resources (TSXV:SOI)
Join the discussion: Find out what everybody’s saying about mining companies and other hot topics about stocks at Stockhouse’s stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
(Top photo: Adobe Stock)
