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The Market Online’s Weekly Gold Report – Oct. 30, 2024

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| October 30, 2024

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Lahontan Gold (TSXV:LG) is a Nevada-based junior gold and silver miner actively developing a portfolio with multi-million-ounce potential in one of the world’s top mining jurisdictions.

The company has been conducting its 2024 drilling program, which consists of a planned 15 holes spanning 3,000 metres in the Slab-Calvada and Santa Fe pit areas. This will follow up 2023’s campaign, having identified multiple attractive targets to potentially expand mineral resources, before completing a preliminary economic assessment for Santa Fe later this year.

Click here for the full story.

Commodity prices

As of the time of this writing Tuesday, the price of gold sits at US$2,760.10, up slightly from $2,748.40 per ounce from last week’s update, according to data from Kitco.com.

This week in gold

  1. Mawson Gold’s (TSXV:MAW) subsidiary, Southern Cross Gold (ASX:SXG), is to acquire the remaining 30 per cent interest in the Redcastle project.
  2. Barrick Gold (TSX:ABX) denies the Malian Ministry of Mines and the Ministry of Finance allegations, asserting that it has not fulfilled its commitments.
  3. Puma Exploration (TSXV:PUMA) signs an option agreement with KG Exploration, a wholly owned subsidiary of Kinross Gold (TSX:K).

Top six trending gold stocks

Join the discussion: Find out what everybody’s saying about mining companies and other 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.

(Top photo: Adobe Stock)



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