Spot gold fell 1.5% with the US dollar moving farther away from its two-year low.

The countryaims to have 50 mines in operation by 2023.

The Vancouver-based miner is interested in participating in the Mt. Peyton and Jonathan's Pond gold projects.

The dollar recovered after US manufacturing expanded at fastest pace since 2018, reducing demand for bullion as an alternative asset.

Measured and indicated resources at Getchell consist of 21 million tonnes, at 2.16 g/t gold for 1.5 million gold oz., with an additional 2.8 million inferred tonnes at 7.23 g/t gold for 646,000 oz. gold.

PEA for Troilus Gold’s namesake project in Quebec has outlined a 22-year, 35,000 t/d open pit and underground mine, with the 9,000 t/d sub-surface portion starting up in the eighth year.

Titan Mining would have to spend $35 million in staged expenditures to earn an 80% ownership interest in Mineral Ridge Gold LLC.

Open pit mines emit on average around twice as much CO2e per ounce of gold produced as underground mines.