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The Market Online’s Weekly Gold Report – Oct. 23, 2024

Market News, Mining
TSX:SGNL
23 October 2024 06:55 (EDT)
AI image of dump trucks in an underground mine

(Source: Adobe Stock)

Probe Gold (TSX:PRB) officially files national instrument 43-101 technical reports for its properties in Quebec.

The company notably reported an increase in its gold resources with a 77 per cent boost in measured and indicated resources and a 131 per cent increase in inferred resources at the Val d’Or East properties.

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Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,748.40, up significantly from $2,660 per ounce from last week’s update, according to data from Kitco.com.

This week in gold

  1. Sitka Gold (TSXV:SIG) reveals assay results from its ongoing diamond drilling program at its RC Gold Project in Yukon.
  2. Lode Gold Resources (TSXV:LOD) begins its Heliborne HeliTEM Survey over the Riley Brook and McIntyre Brook properties in New Brunswick.
  3. Calibre Mining (TSX:CXB) cuts its 2024 guidance after lower-than-expected gold production in Q3. 

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(Top photo: Adobe Stock)


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