In the project’s latest feasibility study, Marathon anticipated that the federal and provincial assessments for Berry would be completed by the middle of 2024.

Dolly Varden owns 100% of the Kitsault Valley silver-gold project, located in the southern tip of BC’s Golden Triangle.

In its ruling on Monday, the Federal Administrative Court dismissed the allegations contained in the annulment resolution.

The West African nation increased the minimum royalty rate for spot price above $1,500 an ounce to 6% from 5%.

Spot gold rose as much as 1.2% after Israel’s military said it was “expanding ground activity” in Gaza.

The consideration represents a premium estimated to be in excess of 600% to Dixie Gold's value on the date of agreement.

A new major upleg is underway in gold, which should easily achieve new all-time-record highs.

The company now expects to reach the upper end of its annual guidance.