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Canada Could Become Ground Zero Of A New Gold Rush


Canada Could Become Ground Zero Of A New Gold Rush
FN Media Group Presents Oilprice.com Market Commentary
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LONDON, May 10, 2021 /PRNewswire/ This is the type of story that investors only dream about. It all began about a year ago after a monster gold discovery was made…..and then a savvy junior mining company scooped up the adjoining land plus one of the largest past-producing mines in Quebec s history, looking for a repeat discovery.  Mentioned in today s commentary includes: 
Barrick Gold (NYSE: GOLD),
Newmont (NYSE: NEM),
Kinross Gold Corp. (NYSE: KGC), ....

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One Junior Miner May Have Sparked A New Gold Rush In Canada


) jumped at the chance to get into this area. They managed to strategically acquire all the land adjacent to Amex’s big discovery and also went one step further and acquired the past producing Normetal mine. We think this was a huge feat for a newly formed exploration company.  
And the timing may be perfect.
They then commenced what’s reported as a fully funded 20,000-meter drill campaign in early February of this year.
They announced that after three weeks of drilling, the drilling was going so well that they brought on a second drill rig a month later – a prime indication of success – and they are reported to have now ordered a 3rd drill rig to the property. ....

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Baystreet.ca - Accord, CIBC, Generic Gold at 52-Week Highs on News


Accord, CIBC, Generic Gold at 52-Week Highs on News
Accord Financial Corp. (T.ACD) hit a new 52-week high of $8.50 on Thursday. Accord Financial today announced the voting results from its Annual and Special Meeting of Shareholders held on May 5 in Toronto, Ontario .Shareholders voted in favour of all items of business put forth at the meeting as set out below. A total of 6,330,020 shares were represented at the ASM representing 73.96% of the total issued and outstanding shares.
Canadian Imperial Bank of Commerce (T.CM) hit a new 52-week high of $130.16 on Thursday. CIBC Innovation Banking has provided a Capital Call Line of Credit to Vanedge Capital III L.P., an early-stage venture capital fund. ....

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Starr Peak reports results from first drilling campaign on NewMetal


Starr Peak reports results from first drilling campaign on NewMetal
Starr Peak Mining (TSXV: STE; US-OTC: STRPF) has reported initial assays from its first drill program on its NewMetal property in Quebec’s Abitibi greenstone belt, immediately adjacent to the town of Normetal and about 140 km northwest of Val-d’Or.
Highlights included drillhole STE-21-08, which intersected 12.10 metres grading 20.94% zinc, 0.43% copper, 39.58 grams silver per tonne, and 0.21 grams gold per tonne (23.82% zinc equivalent) from 285.60 metres, including 2.65 metres of 44.30% zinc, 0.04% copper, 28.60 grams silver, and 0.21 grams gold (45.78% zinc equivalent).
Hole STE-21-04 returned 12.30 metres grading 6.47% zinc, 0.22% copper, 28.55 grams silver, and 0.11 grams gold (8.19% zinc equivalent) from 351 metres. ....

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