Gold Report: Prospective picks in Mali and Nevada
Click here for the full story. By the ounce
At the time of writing on Tuesday, the price of gold was US$3,250.10, down from US$3,425 per ounce in our May 7 report, according to data from The Globe and Mail, driven by a recovery in global equity markets following U.S. trade deals with the U.K. and China. This week in gold
Eminent Gold (TSXV:EMNT) completes the third drill core hole on its Hot Springs Range project in Humboldt County, Nevada, showing alteration similar to HSC002, which returned multiple gold zones grading up to 8 grams per ton. The result further substantiates the project's similarity to the 50-million-ounce Getchell Trend.
Near-term producer Desert Gold Ventures (TSXV:DAU), based in Western Mali, makes a strong case as an acquisition target. Click here to learn why its path to a 2-million-ounce resource should be of interest to major players such as Barrick Gold.
Investing in mining stocks begins with taking the commodity market's temperature to optimize for the most prospective opportunities. Read about the current state of demand for seven major commodities, including gold, in Stockhouse's latest report. Top trending gold stocks
Join the discussion: Find out what everybody's saying about the stories in this week's gold report on Stockhouse's stock forums and message boards.
The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
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