2024 drilling on Viva Gold's Tonopah West project in Nevada
(Source: Viva Gold)

The price of gold added more than 1 per cent on Monday after President Donald Trump’s announcement that the United States will impose a 25 per cent tariff on Canadian steel and aluminum imports.

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By the ounce

At the time of writing on Tuesday, the price of gold sat at an all-time-high of US$2,931 per ounce, up from US$2,876 in our Feb. 5 update, according to data from The Globe and Mail, fueling a resurgence in prospectivity across explorers, developers and producers thanks to improved project economics.

This week in gold

Mandalay Resources (TSX:MND) released high-grade drill results from its True Blue prospect next to its operating Costerfield gold and antimony mine in Victoria, Australia.

C3 Metals (TSXV:CCCM) delivered significant gold results from ongoing soil and channel sampling at its 50-per-cent owned Super Block project in Jamaica.

Viva Gold (TSXV:VAU) makes for enticing exposure to gold’s recent run-up thanks to rigorous development at its Tonopah West project in Nevada.

  1. New Found Gold (TSXV:NFG) | 19,000+ views.
  2. Laurion Mineral Exploration (TSXV:LME) | 16,200+ views.
  3. Goliath Resources (TSXV:GOT) | 8,000+ views.
  4. Calibre Mining (TSX:CXB) | 7,200+ views.
  5. No other gold stocks in the top 10 mining Bullboards this week.
  6. See you next week!


Join the discussion: Find out what everybody’s saying about gold stocks and the stories in this week’s report on 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 from 2024 drilling on Viva Gold’s Tonopah West project in Nevada: Viva Gold)


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