Canada: new gold mineralization found at Osisko’s Barnat deposit

The three executives, including CEO Terry Holohan, were freed from detention on Wednesday.

The resource is "one of the highest-grade open-pit gold resources in Canada owned by an exploration company," its CEO says.

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.

Gold is up approximately 28% year to date, with gains underpinned by central bank buying, the Fed’s pivot and geopolitical tensions.