Cascadia Minerals (TSXV:CAM) has completed 2024 fieldwork at its Yukon and British Columbia properties with assays pending for multiple projects.
The purpose of the Phase 2 drilling program was exploring for new copper-gold porphyry systems at the Spark Zone in the Yukon Catch property, which totalled 1,441.54 metres in two step-out holes.
The company previously completed phase 1 drilling in May and extended the strike length of copper porphyry mineralization by 315 metres, with hole CA-24-006 returning 106.00 metres of 0.52 per cent copper equivalent.
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Commodity prices
As of the time of this writing Tuesday, the price of gold sits at US$2,514.70, up from $2,492.10 in last week’s update, according to data from Kitco.com.
This week in gold
- G Mining Ventures (TSX:GMIN) gears up to acquire the CentroGold Project in Brazil from BHP Group (NYSE:BHP).
- Founders Metals (TSXV:FDR) reveals it will exercise its right to acquire 51 per cent of the Antino Gold Project in southeastern Suriname.
- AngloGold Ashanti (NYSE:AU) to buy Centamin (TSX:CEE) in a stock and cash deal valued at US$2.5 billion.
Top six trending gold stocks
- New Found Gold (TSXV:NFG)
- Tudor Gold (TSXV:TUD)
- Centamin (TSX:CEE)
- Gold Mountain Mining (TSX:GMTN)
- Arizona Metals (TSX:AMC)
- Kinross Gold (TSX:K)
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