NEW YORK, February 8, 2018 /PRNewswire/ --
According to the latest Gold Demand Trends report from the World Gold Council, the demand for gold increased 6 percent
year-on-year to 1,095.8 tonnes in the fourth quarter of 2017. The price of the yellow metal gained about 11 percent in 2017 and
was up 1.7 percent year-to-date. During Wednesday's trading session, Gold Spot was traded at about $1,315.98 per ounce, while U.S. Gold future for April delivery was traded at $1,318.10 per ounce. The rally in gold price this year is due to the weakness in U.S. dollar. Gold price is
sensitive to the U.S. dollar as a weaker dollar makes other currencies holders cheaper to buy dollar-denominated commodities.
Sunvest Minerals Corp. (OTC: SRKZF), Alio Gold Inc (NYSE: ALO), B2Gold Corp (NYSE: BTG), Klondex Mines Ltd. (NYSE: KLDX), Gold
Standard Ventures Corp. (NYSE: GSV)
According to CNBC, Carlo Alberto De Casa, chief analyst at Activtrades, said, "The general
scenario for gold is still positive. What we are seeing now (on the stock markets) is just a correction, and the dollar is still
weakening (longer term) … I'm expecting gold to remain above $1,300 in the next few months. The
problem for gold would be four (U.S.) rate hikes, but I don't believe (that will happen). At this stage inflation is still under
control."
Sunvest Minerals Corp. (OTC: SRKZF) is also listed on the TSX Venture Exchange under the ticker symbol 'SSS'. Last
month the company reported, "a new surface discovery on the Evening Star Property, located 16 kilometers southeast of
Hawthorne, Nevada.
Recent assay results indicate a significant zone of gold silver and copper mineralization discovered through sampling of old
workings known as the "Golden Bomber" and "Golden Eagle" prospects. The new mineralized target
area is designated as "Golden Highlands (GH) Zone".
Gold values up to 25.9 grams per tone (g/t Au), silver values up to 318.0 g/t Ag, copper peaks of 6.14% Cu were returned from
surface samples over an area of approximately 300 x 200 meters (see table below). A total of 10 rock samples were taken from
these new locations:
The new zone of mineralization is hosted in granodiorite, associated with limonitic fractures and shears, druzy and vuggy
quartz-calcite veining, and weak to moderate copper staining. The historic works comprise old shafts, prospect pits and
trenches
The Golden Highlands area is approximately 1.2 kilometers west-north-west of the Gold Bug zone, the principal target on the
Evening Star property, with follow-up drilling planned for the first quarter of 2018 (Press Release July
25, 2017, drill hole ES 17-02 intercepting 5.3m of 0.84 grams per tonne gold (g/t Au), 105.3
g/t Ag, and 5.09 % Cu).
To the best of the Company's knowledge there has been no drilling on the Gold Highlands targets. Crews will be returning to
the site shortly to conduct additional surface exploration on the GH targets and prior to drilling commencing on the Gold Bug
Zone."
"Sunvest is delighted to have discovered a new zone of mineralization, with excellent gold and silver values, which can
quickly be advanced to the drill stage", reports Mike England, President of the Company.
"Sunvest's Evening Star property represents a strategic, significant land position in the very active Pamlico mining district.
Our current exploration activities are focused to test multiple targets with a drill program on the Evening Star property planned
for early 2018. The Evening Star property has excellent logistics and can readily be worked year-round."
Alio Gold Inc (NYSE: ALO) announced on January 30th the 2018 production and cost
guidance for the San Francisco Mine in Sonora, Mexico. "After a turn-around year in 2017, we are
expecting the San Francisco Mine to return to consistent gold production at 90,000 to 100,000 ounces this year compared to 83,558
ounces in 2017." said Greg McCunn, Chief Executive Officer. "In 2017 we undertook a significant
waste stripping campaign to open up the main pit. As a result, we now have increased mining flexibility and the ability to
deliver consistent ore feed to the leach pads.
B2Gold Corp (NYSE: BTG) recently reported its gold production and gold revenue for the fourth quarter and full-year
2017 in addition to its production and cash cost guidance for 2018. All dollar figures are in United
States dollars unless otherwise indicated. For the full-year 2017, consolidated gold revenue was $638.7 million (or an annual record of $739.5 million, including $100.9 million of pre-commercial sales from Fekola) on sales of 510,966 ounces (or an annual record of 590,209
ounces including 79,243 ounces of pre-commercial sales from Fekola) at an average price of $1,250
per ounce compared to $683.3 million on sales of 548,281 ounces at an average price of $1,246 per ounce in 2016. The decrease in annual gold revenue (excluding pre-commercial sales from Fekola) was
attributable to a 7% decrease in gold sales volume due to the timing of gold shipments.
Klondex Mines Ltd. (NYSE: KLDX) is a junior-tier gold and silver mining company focused on exploration, development,
and production in a safe, environmentally responsible, and cost-effective manner. The Company has 100% interests in four
producing mineral properties: the Fire Creek Mine, the Midas Mine and ore milling facility, the Hollister Mine, all of which are
located in the state of Nevada, USA, and the True North Mine and mill in Manitoba, Canada. True North is an underground mining operation consisting of several underground
narrow-vein gold deposits in addition to a modern, fully-permitted modern gold mill capable of processing up to 2,500 tons per
day. This facility will be able to maintain the capacity from True North as well as alternate ore sources. Recently, the company
reported a Mineral Reserve and Mineral Resource update for the Fire Creek mine located in northern Nevada, USA.
Gold Standard Ventures Corp. (NYSE: GSV) is an advanced stage gold exploration company focused on district scale
discoveries on its Railroad-Pinion Gold Project, located within the prolific Carlin Trend. On
January 11, 2018, the company announced results from three reverse-circulation (RC) drill holes at
Jasperoid Wash, on claims recently added to its 100%-owned/controlled Railroad Gold Project in Nevada's Carlin Trend. Jasperoid Wash is located approximately 6 km south of
the Pinion Deposit and 7.5 km southwest of the Dark Star Deposit. These three holes are a portion of Gold Standard's 2017
US$15.5 million exploration program. All three RC holes intersected thick zones of near-surface,
oxidized mineralization, effectively increasing the size and grade of the shallow oxide gold zone drilled in JW17-01. The new
deposit remains open in all directions. Results from seven additional RC holes and one core hole are pending.
Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination,
branding, marketing and advertising for third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial
Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into
media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials
for advertising such companies. Financialbuzz.com has not been compensated directly by any of the companies mentioned here in
this editorial. We are not an independent news media provider and therefore do not represent or warrant that the information
posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality
and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not
offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with
financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique
financial newswire and media platform. For sunvest minerals corp. financial news dissemination and PR services, FinancialBuzz.com
has been compensated four thousand dollars for financial news dissemination and pr services by
cambridge consultants. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on
this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received
upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any
compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any
of the information on the editorial or Site or continue to post information about any companies the information contained herein
is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a
recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security.
FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on
this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or
in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent
research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing
this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended
from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase,
hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor.
This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular
security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and
tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions.
We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to
change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not
guaranteed. For our full disclaimer, disclosure and Terms of Use, please visit: http://www.financialbuzz.com.
Media Contact:
info@financialbuzz.com
+1-877-601-1879
Url: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com