Soros Gold Bubble Expanding as ETP Holdings Increase
Bloomberg reports that Exchange-traded products own 2,088 metric tons, equal to nine years of U.S. mine supply.
Bloomberg reports that Exchange-traded products own 2,088 metric tons, equal to nine years of U.S. mine supply.
Source Exploration Corp. (CVE:SOP) reports that a total of 995,000 stock options, expiring on October 18, 2015, to purchase Source Exploration common shares are being granted to directors, officers and consultants. The exercise price is $0.28 per share.
Excalibur Resources reports the ongoing exploration program at Sturgeon Lake, northwestern Ontario. Excalibur’s Sturgeon Lake property is directly along strike and to the east of 6 VMS deposits that were mined between 1970 and 1991. A total of 19 million tonnes of ore was mined from these 6 VMS deposits with typical grades of 9% zinc, 1.5% copper, [...]
Kootenay Gold [TSX.V:KTN] and Arctic Hunter Uranium [CNSX:AHU] announced that a 3D induced polarization geophysical survey is underway on the Santa Lucia Gold and Silver property in Sonora, Mexico. The 3D geophysical program is comprised of approximately 20 line kilometers of line being surveyed over the property. Following the completion of the 3D program and receipt of all required drill permits, drilling will commence on all high priority targets.
Bear Creek Mining reports drilling start-up on Piedra Sagrada Gold (Copper) project located in Apurimac Department, Peru. Gold mineralization occurs in sub-vertical structures aggregating to highly fractured zones as much as 200m wide. Shallowly-dipping mantos (bedding replacement deposits) parallel to the quartzite bedding are also present, adding to the bulk-tonnage target potential of the zones. [...]
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