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The Market Online’s Weekly Gold Report – June 26, 2024

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| June 26, 2024

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Western Exploration Inc. (TSXV:WEX) is set to embark on a highly targeted drilling campaign in 2024 that will look look to expand its gold and silver resources at its wholly owned Aura project.

The program will largely focus on the Jarbidge rhyolite east of the Gravel Creek resource area and has the potential to unlock considerable value.

Click here for the full story.

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,319.10 per ounce, which is down 0.65 per cent over a one-week period. Year-to-date, the price of gold is up 14.29 per cent, according to data from Kitco.com.

This week in gold

  1. Infield Minerals (TSXV:INFD) has completed the acquisition of 1468289 B.C. Ltd. (BC Co) and the option to acquire 100 per cent interest in the Kings Canyon Property in Utah.
  2. Victoria Gold (TSX:VGCX) shares dip 82 per cent after it revealed that a heap leach pad at its Eagle gold mine in Yukon Territory experienced a failure on Monday morning, leading to an ongoing operational suspension.
  3. Agnico Eagle Mines (TSX:AEM) picked up C$2,874,856.57 worth of Maple Gold Mines stock (TSXV:MGM) from investors in a recent flow-through financing.

Top six trending gold stocks

  • American Creek Resources (TSXV:AMK)
  • Laurion Mineral Exploration (TSXV:LME)
  • Newfound Gold (TSX:NFG)
  • Fortune Minerals (TSX:FT)
  • First Mining Gold (TSX:FF)
  • Cascadia Minerals (TSXV:CAM)

Join the discussion: Find out what everybody’s saying about public companies and hot topics about stocks at 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.




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