NewsRoom Articles - Page 48 of 186

WednesdaySep 11, 2024 10:00 am

What Current Gold Price Surge Says About Global Stability

The price of gold has hit new highs in the last couple of months, having doubled since 2019 as inflation continues to increase around the globe. Up until recently, the price of the precious metal was mainly influenced by the appeal and luster of the metal for jewelry. This is still the biggest source of annual demand for gold, with citizens of India and China dominating jewelry markets globally by making up over half the trade. These markets are closely followed by the Middle Eastern and Asian markets, where the demand for higher-carat gold is higher. With the metal going…

WednesdaySep 11, 2024 9:45 am

The Next Gold Frontier: Torr Metals Inc.’s (TSX.V: TMET) Filion Project in Northern Ontario’s Wawa Terrane

The Hemlo gold camp, one of Canada’s most significant gold discoveries, sparked a major gold rush as recently as the 1980’s in northern Ontario, that later established the Wawa Terrane as a prolific gold-producing region Torr Metals’ Filion Gold Project, located within an underexplored area of the Wawa Terrane boundary, shares significant geological similarities with the Hemlo gold camp, suggesting high potential for a major new gold discovery Since staking the Filion Project almost one year ago Torr has uncovered multiple undrilled gold anomalies and extensive kilometer-scale trends, positioning it as a prime target for future exploration efforts The Hemlo…

TuesdaySep 10, 2024 9:00 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Committed to Essential Mineral Exploration on Canadian Assets

Exploration is an important step in finding minerals so they can be potentially mined. Renforth Resources is actively involved in gold and mineral exploration through several Canada-based projects. An update regarding the company’s Malartic Metals Package Project includes a report on the mapping and prospecting work done at the project. Minerals are key elements of daily life, and the exploration and supply of minerals are essential. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is an active mineral exploration company engaged in the exploration and development of its wholly owned, multicommodity mineral properties, which are located in Canada. “Nearly everything we use each day…

MondaySep 09, 2024 10:00 am

Report Says Brazilian Gold Ending Up in Europe Could Be Illicit

A new report has found that more than 90% of gold imports by the European Union from Brazil could be illegal. Total gold imports for 2023 into the EU, valued at $93 million, added up to 1.5 metric tons. The report, compiled by the Escolhas Institute, rated all areas where the metal is produced in mines referred to as garimpos as high risk. These mines aren’t subject to oversight, or the strict rules imposed on large-scale commercial mines. Areas with a lot of garimpos include the Amazonian states of Pará and Amazonas, with the report finding that high-risk trade also…

MondaySep 09, 2024 9:45 am

Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) Releases Status Report in Sector Noted as ‘Essential Contributor’

“Canada’s minerals and metals are essential contributors to our economy, infrastructure, innovation and environmental stewardship,” report states. Renforth Resources provided an update on completed summer exploration activities as well as those set to begin. “Our team is delivering on multiple fronts with success in the field, laying the groundwork for our winter exploration season,” states CEO. In the wake of the Canadian government acknowledging the importance of the country’s minerals and metals (https://ibn.fm/jTJBw), Renforth Resources (CSE: RFR) (OTCQB: RFHRF) is providing an update on its exploration activities. The Canada-based mineral exploration company is engaged in the acquisition, exploration and development of mineral…

FridaySep 06, 2024 12:52 pm

Ridgeline Minerals Corp. (TSX.V: RDG) (OTCQB: RDGMF) Featured in Virtual Coverage of the Precious Metals Summit

Ridgeline (TSX.V: RDG) (OTCQB: RDGMF) is a discovery focused, precious and base metal explorer with a 201 km2 exploration portfolio across five projects in Nevada, USA. The company retains a highly prospective and 100% owned exploration portfolio consisting of the Bell Creek and Big Blue projects as well as two earn-in exploration agreements with Nevada Gold Mines at the Swift and Black Ridge gold projects and a third earn-in exploration agreement with South32 at the Selena CRD project. The executive team has a broad skill set that brings together the exploration, development and financial experience required to advance Ridgeline’s portfolio of assets.…

FridaySep 06, 2024 10:50 am

Stillwater Critical Minerals Corp. (TSX.V: PGE) (OTCQB: PGEZF) Featured in Virtual Coverage of the Precious Metals Summit

Stillwater Critical Minerals (TSX.V: PGE) (OTCQB: PGEZF) is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore plc, the company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101…

FridaySep 06, 2024 10:49 am

Cassiar Gold Corp. (TSX.V: GLDC) (OTCQX: CGLCF) Featured in Virtual Coverage of the Precious Metals Summit

Cassiar (TSX.V: GLDC) (OTCQX: CGLCF) is a Canadian gold exploration company holding a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 km and consists of two main project areas: Cassiar North, which hosts a NI 43-101-compliant inferred resource estimate of 1.4Moz at 1.14 g/t Au (cutoff grade of 0.5 g/t Au) known as the Taurus Deposit; and Cassiar South, which hosts numerous gold showings, historical workings, and exploration prospects. Historical underground mines in the Cassiar South area have yielded over 315,000 oz of Au at average head grades of…

FridaySep 06, 2024 10:00 am

Why Gold’s Price Increase Could Continue

Gold has, for millennia, been used as a reliable store of wealth, in addition to acting as a safe haven for investors. These past few months, the precious metal has seen a surge in its prices, capturing the attention of many investors. It is expected that the metal’s price will continue to increase in September, having hit a new high of $2,525 an ounce in August. Below, we discuss why this could happen. Increasing demand from investors Appetite for gold from investors remains strong, with the current increase in price confirming the precious metal’s value proposition. It is also an…

ThursdaySep 05, 2024 9:00 am

Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Completes Perforation Program, Boosts Gas Production to 7.3 MMCF/d

SASB gas field is producing critical domestic supply of natural gas during Europe’s current energy crisis. With all perforations now complete, West Akcakoca-1 is producing 2.8 MMcf/d using a 28/64 choke to ensure its high pressure will not back out other wells. The next program phase aims to end this year with five development wells and one stratigraphic well, for a total of six producing wells. Trillion Energy International (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, has perforated all remaining gas pay in the SASB wells and has provided an…

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