“With concerns likely to rise over how this may impact the world’s economic rebound from COVID-19, gold has the potential to push higher as risk-off makes a return.” Exploits Discovery Corp.
A report by Kitco from back in March also indicates that analysts have pointed out the latest inflation data gives the Federal Reserve some flexibility to provide more accommodative monetary policies.
Exploits Discovery Corp.
Michael Collins, President and Chief Executive Officer of Exploits, commented: “With the drill permit now secured for our Quinlan Vein prospect, Exploits is pleased to now have received four of its five drill applications.
To date, drill permits have been approved for the Quinlan Veins, little johanna, Schooner, and True Grit prospects totalling 33 holes for a combined length of ~8,250 metres.
Hardrock will be a low-cost, long-life gold mine, bringing more than 240,000 attributable ounces of annual gold production to Equinox Gold when in production, with significant upside potential from near-mine exploration and underground development.
“The relatively high-grade, low-cost Peak Gold project is an excellent addition to our portfolio, as it allows us to leverage our existing mill and infrastructure at Fort Knox and strengthens our medium-term production and cash flow profile.
Gold Resource Corporation announced on February 2nd, that it has intersected additional mineralization up to 250 meters above current production area at the Don David Mine in Mexico With Intercepts Including 11.83 Meters Grading 17.56 G/T Gold and 10.04% Zinc-Lead Combined.
“The Mineral Reserve and Resource update for our flagship Tucano mine, announced in December, has allowed for an extension of the life of the Urucum and Taperaba pits, and the latest mine plan will see a transition to mining higher grades in 2022 and 2023.
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