Total measured and indicated mineral resources jumped 26% in terms of ounces and over 10% in grades at the the largest undeveloped bullion project in Atlantic Canada.
Dixie Gold and Red Lake Gold named parties in a statement of claim for $92 million for a cancelled exploration earn-in option on each of the companies’ respective exploration projects.
Prices extended decline as aggressive interest rates, a spike in covid-19 cases in China, potential recession, and rising inventories weighed on investor sentiment.