Pan Global Resources (TSXV:PGZ) discovered significant near-surface gold from its first drillhole on its 5,653-hectare Cármenes project in Spain, confirming recent prospective soil, trench and channel samples.
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By the ounce
At the time of writing on Tuesday, the price of gold was US$3,284.60, up from US$3,250.10 per ounce in our May 14 report, according to data from The Globe and Mail, driven by slowing U.S. inflation and easing trade tensions.
This week in gold
New Age Metals (TSXV:NAM) gets the green light for grassroots-level exploration on its gold-antimony properties in Newfoundland, which lie near New Found Gold’s Queensway South gold project and along the same geological trend as Canada’s only past-producing primary antimony mine.
Agnico Eagle Mines (TSX:AEM), the third-largest gold producer in the world, increased its stake in copper-zinc-gold-silver explorer and developer Foran Mining (TSX:FOM) to the tune of C$90 million.
EnviroGold Global (CSE:NVRO) detailed numerous recent milestones in the go-to-market strategy for its proprietary process to recover precious and critical metals from mine waste and tailings.
Top trending gold stocks
- West Red Lake Gold Mines (TSXV:WRLG) | 10,600+ views.
- Laurion Mineral Exploration (TSXV:LME) | 8,900+ views.
- New Found Gold (TSX:NFG) | 8,500+ views.
- Tudor Gold (TSXV:TUD) | 6,100+ views.
- Fortune Minerals (TSX:FT) | 5,100+ views.
- No other gold stocks in the top Mining Bullboards this week.
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