Gold prices climbed to a six-week high on Monday on agreement of the $900 billion covid-19 relief bill.

Reasons cited include insufficient information regarding the impacts of open pit mining on local environment.

Drilling highlights include 51.22 g/t Au and 1.9 g/t Ag over 1.91 meters on the Providencia Vein.

Company withdrew its 2020 guidance for the mine in northern Brazil in September, after a power outage caused damage to all four of the operation’s SAG and ball mill motors.

Long-time president Clive Newall will step back from an executive role but remain as a director.

The drill highlights from zone 2 include 155 metres of 1.36 g/t gold starting at 284.3 metres; and 135 metres of 1.5 g/t gold from 340.2 metres.

After adding the Kilgore project in Idaho to its portfolio in April 2020, Excellon Resources has now increased the size of this property by 28%, adding 14.8 sq. km.

The head of the Colombian military said that almost 1,500 members of organized crime groups are now operating from Venezuela.