Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
CB Gold was up 4.24% to $1.23 a share on Wednesday after announcing drilling results at its Vetas Gold project in Colombia.
The company reported 16.87m at 17.07 G/T Au and 10.48m at 2.31 G/T Au extending at the new mineralized zone at Real Minera, part of the Vetas Gold project. Full results are here.
The Vetas Gold project is located 10km south of AUX’s La Bodega and La Mascota deposits.
CB Gold is an exploration company based in Vancouver, British Columbia with gold projects in Colombia.