00:27:14 EDT Mon 24 Jul 2017
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Gold Summary
Symbol C : *MKTGOLD
Recent Sedar Documents

Gold Summary for July 13, 2017

2017-07-13 21:06 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

New York spot gold fell $2.70 to $1,217.30 on Thursday. The TSX Venture Exchange lost 5.55 points to 752.93 while the TSX Gold Index dipped 2.99 points to 186.54. Agnico Eagle Mines Ltd. (AEM) led the decline. It slipped $1.32 to $55.56 on 917,000 shares.

Quentin Yarie's Red Pine Exploration Inc. (RPX), unchanged at nine cents on 213,000 shares, has received assays of up to 13.82 grams of gold per tonne over two metres from the Minto Mine South zone at its Wawa gold project in Northern Ontario. The high-grade hit was from one of five new holes completed in the area. All five tests produced gold, including hits of 7.37 and 6.54 grams per tonne, each over two metres. The new assays -- results from 11 more holes are pending -- have extended the high-grade core at Minto Mine South laterally and at depth. As well, visible gold has been observed in new holes drilled at Minto E, a new discovery.

Mr. Yarie, president and chief executive officer, says that the continuing drilling at Minto Mine South "continues to prove high-grade gold into the structure," adding that he was also excited by the discovery of visible gold in adjacent structures, including Minto E. The excitable Mr. Yarie was also excited that the spatial relation between Minto Mine South and the Minto E zone "indicates a structural similarity" with the Parkhill mine, which is the highest-grade deposit historically mined on the property. Therefore, he says Red Pine will continue to explore the multiple discoveries in the Minto area.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2017 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.