Hedge funds slash bullish wagers on gold over Trump election win
The precious metal has fallen about 8% from a record high on Oct. 31, with losses accelerating after Trump’s election victory last week.
Toronto-based junior Warrior Gold continues to drill its Goodfish-Kirana gold project near Kirkland Lake. To date, the company has drilled 10 holes totaling 1,522 metres. About half the core has been logged and 482 samples sent to ALS Geochemistry to be assayed.
The Goodfish-Kirana property is about 6.0 km north of the Cadillac-Larder Lake fault zone. The property hosts several gold showings, pit, shafts, and historical underground workings.
Four targets are have been chosen as primary targets:
(This article first appeared in the Canadian Mining Journal)