Gold gains for third day before US data that may shape rate path
Bullion traded near $2,670 an ounce — touching the highest since mid-December.
Balmoral Resources (CVX:BAL) reported Wednesday that exploration drilling on its Martiniere Property, in central Quebec, conducted well outside the previously known extent of the site’s gold system, has intersected three new, broad areas of gold mineralization.
The new discoveries expand the scale and potential of Martiniere’s gold reserves.
In addition to the three new gold discoveries, the company also intersected a wide interval of anomalous zinc mineralization.
The Martiniere Property, located approximately 45 kilometres east of the Detour Lake gold deposit, is centrally located within Balmoral’s 82 kilometre long Detour Trend Gold Project in Quebec, Canada.
Gold results at Martiniere >> >>
