The gold price experienced ups and downs this week, sinking to nearly US$2,470 per ounce on Wednesday (September 4) before rebounding back above US$2,500 the next day.The precious metal closed below the US$2,500 level on Friday (September 6) following August employment data from the US Bureau of Labor Statistics. The report shows nonfarm payroll employment rose by 142,000 last month, with the unemployment rate staying steady at 4.2 percent. The healthcare and construction sectors led job gains.August's 142,000 number for jobs missed analysts' expectations of 160,000, solidifying thoughts that...

https://investingnews.com/top-stock-market-news-06092024-silver-deal/

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Zodiac Gold Inc. (TSXV: ZAU) ("Zodiac Gold" or the "Company"), a West-African gold exploration company, is pleased to announce that it has completed a satellite data interpretation study (the "Study") covering the Alasala target of the Company's Todi Gold Project, which builds on the regional interpretation completed by A.C.A Howe International Limited ("ACA Howe") in 2021. The Study focused on a 72 km2 area including the 2 km long mineralized trend from Mandingo Hill to Lion Hill (see Map 1 below), delineated by soil sampling, trenching, channel sampling, auger drilling, and extensive...

https://investingnews.com/zodiac-gold-completes-pre-drilling-satellite-data-interpretation-at-the-alasala-target-on-the-todi-gold-project/

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The S&P/TSX Venture Composite Index (INDEXTSI:JX) moved up last week, finishing the period at 591.41.While the index is up 4.29 percent year-to-date, it declined in August, losing nearly 5.8 percent. New data released on Friday (September 1) shows that Canada's economy contracted at an annualized rate of 0.2 percent in the second quarter, well off the Bank of Canada's forecast for 1.5 percent annualized GDP growth. Analysts had expected a smaller gain of 1.2 percent. Stephen Brown, deputy chief North American economist for Capital Economics, said the country may already be in a "modest...

https://investingnews.com/top-tsxv-gainers-03092023-lavras-gold/

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Forrestania Resources Limited (ASX:FRS) (Forrestania or the Company) is pleased to announce that it has completed its maiden drilling programme at the Calypso target where multiple thick (up to ~63m) pegmatites have been intercepted. The company drilled 14 RC holes at the prospect for 1,968m to define the extents of and investigate whether pegmatites identified from mapping and historic drilling2 host lithium mineralisation. Calypso is located at the company’s flagship Forrestania project, in WA’s southern Yilgarn region (Figure 1). Highlights Multiple stacked pegmatites intersected in 13...

https://investingnews.com.au/63m-pegmatite-intersected-in-successful-maiden-calypso-drilling

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Mining in Argentina has become one of the fastest-growing sectors in the nation’s economy. Argentina’s ample and comparatively underexplored gold and precious metals resources are a valuable opportunity, and will likely drive considerable growth in the country’s mining sector in the coming years.In comparison to its neighbour Chile, Argentina’s mining sector has a lot of room to grow. Attractive incentives, including favourable mining policies, competitive mining investment laws and mineral-rich geology, have been seen as positive steps towards a strong Argentinian mining industry....

https://investingnews.com.au/mining-in-argentina-asx-gold-companies

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The Directors of eMetals Limited (ASX:EMT)(eMetals)(Company) are pleased to submit the Quarterly Activities Report and Appendix 5B for the quarter ending 30 June 2022. HighlightsTwo tenement applications following the acquisition of Salmon Gums Minerals Pty Ltd (ACN 651 315 258) have been granted at the highly prospective Salmon Gums Project in the Albany Fraser Range Province of Western Australia.The Company now holds four granted tenements (E63/2049, E63/2066, E63/2126, E63/2127) covering an area of 219 blocks for a total of 630 square kilometers of the Eucla Basin prospective for Ionic...

https://investingnews.com.au/quarterly-activities-report-to-30-june-2022

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Kairos Minerals Ltd (ASX: KAI “Kairos” or “the Company”) is pleased to advise that it has identified at least seven new lithium targets at its large, 100%-owned Roe Hills Project.Highlights:New highly prospective lithium anomalies identified from 3,541 soil samples collected at the 100%-owned Roe Hills ProjectThe new lithium soil anomalies are coincident with mapped granites and require immediate field verification and follow-up mapping and sampling prior to drillingThe targets are adjacent to Kairo’s 2,600m-long Black Cat lithium anomaly which occurs in the same geological sequence...

https://investingnews.com.au/additional-significant-lithium-targets-identified-at-roe-hills-project-eastern-goldfields-wa

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Challenger Exploration (ASX: CEL) (“CEL” the “Company”) has released its Quarterly Cash Flow Report. Click here for the full ASX ReleaseThis article includes content from Challenger Exploration, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

https://investingnews.com.au/challenger-exploration-quarterly-cash-flow-report

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Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to advise that it has commenced a 7,000m, 1,400-hole auger drilling program on the Ouangolodougou and Korhogo Nord permits which constitute the Korhogo Project. The permits collectively cover 296km2 hosting 17km of faulted greenstone granite contact as shown in Figure 1. Both permits are 100% owned by Mako and are easily accessible from the existing Mako Field Office.HIGHLIGHTS Auger grids strategically positioned on high-priority structural and geochemical targets identified from previous work executed by MakoProgram is...

https://investingnews.com.au/7000m-dual-auger-drilling-program-commences-on-korhogo-project

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