In this week’s top story, Laurion Mineral Exploration (TSXV:LME) published a second set of assays from its ongoing 7,700-metre drilling program at its Ishkoday project in Ontario, adding more weight to the project’s potential to host a multi-kilometre mineralized system.
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This content has been prepared as part of a partnership with Laurion Mineral Exploration, Roscan Gold, NGEx Minerals and Yukon Metals, and is intended for informational purposes only.
By the ounce
At the time of writing on Wednesday, the price of gold reached a record high of US$3,802.20, up from US$3,723.10 per ounce in our September 17th report – according to data from The Globe and Mail – propelled by interest rate cuts in Canada and the United States, with growing consensus for more to come, in search of a happy medium between offsetting pressures from Trump’s tariffs while keeping lingering inflation in check.
This week in gold
Mali’s Council of Ministers granted Roscan Gold (TSXV:ROS) new extensions of its key exploration permits covering the company’s Kandiole gold project, allowing management to continue to prove that the project’s proximity to B2Gold’s (TSX:BTO) 7-million-ounce Fekola mine, as well as IAMGOLD’s (TSX:IMG) Boto, Diakha and Siribaya deposits, isn’t a fluke.
NGEx Minerals (TSX:NGEX) received final approval from the Supreme Court of British Columbia to spin out the net smelter return royalties on its high-grade Lunahuasi project in Argentina and 69-per-cent-owned Los Helados project in Chile, the latter housing one of the largest undeveloped copper-gold resources in the world.
Yukon Metals (CSE:YMC) delivered new assays from its AZ Project, located 36 kilometres south of Beaver Creek, Yukon, further substantiating the presence of a large mineralized system.
Top trending gold stocks
- New Found Gold (TSXV:NFG) | 13,100+ views.
- Tudor Gold (TSXV:TUD) | 10,100+ views.
- West Red Lake Gold Mines (TSXV:WRLG) | 9,100+ views.
- Laurion Mineral Exploration (TSXV:LME) | 7,300+ views.
- Equinox Gold (TSX:EQX) | 5,800+ views.
- No other gold stocks in this week’s top mining Bullboards.
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