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Medgold Resources Corp. (TSXV:MED) (the “Company” or “Medgold”) is pleased to announce that Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI) (“Fortuna”) has completed its warrant exercise by purchasing 10m shares of Medgold at CAD $0.15 each, for total proceeds of CAD $1.5 million. Fortuna now owns 23.97% of Medgold shares. Medgold will use the proceeds to extend the Strategic Alliance in Serbia for a further 12 months with 80% of the proceeds being used for country-wide target generative exploration and the balance for working capital. Medgold has also granted Fortuna the right to option a second project generated by Medgold's regional exploration [...]

Yorbeau Resources Inc. (TSX:YRB.A) (the “Company” or “Yorbeau”) is pleased to announce that two drill rigs are currently in operation respectively at its Caribou and Beschefer projects in northwestern Quebec. The two projects are respectively in the Casa Berardi and Detour Lake belt, where an important increase in exploration activity has taken place in the recent months (Figure 1). To view Figure 1 : http://media3.marketwire.com/docs/Figure1Feb92017.pdf The Caribou project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre and is easily accessible via public roads and a forestry road that provides access to the former Estrades [...]

While it's perhaps most important for silver-focused investors to be aware of how the metal is traded and when its price may rise again, those interested in the metal would also do well to be aware of which country has the most silver. Knowing which country has the most silver is important for a number of reasons. Perhaps most crucially, having that knowledge can help investors identify silver investing opportunities. For example, if an investor is aware that a country is a major silver producer, they might consider investing in silver companies working in that country. A silver investor following [...]

Gold Buying Russia To Increase Diversification On Trump 'Unpredictability'? Russia's massive and increasing gold bullion reserves are kept in tightly-guarded locations across Russia due to the fear of sanctions and the 'unpredictability' of Donald Trump according to The Sun and Russia Beyond The Headlines. Russia increased their gold reserves by a very large 199.1 tonnes in 2016. This was the eight consecutive year of gold diversification due to concerns about the dollar and currency wars From The Sun: Russia is hedging its bets with a stockpile of gold due to Donald Trump's “unpredictable” nature. The hoard, which is stashed around [...]

Alexandria Minerals Corporation (TSXV:AZX)(FRANKFURT:A9D)(OTC PINK:ALXDF) (“AZX” or the “Company“) is pleased to announce that a second drill rig has launched an initial 4,500 meter drill program on its Triangle Too project. This is a part of a larger 12,500 meter wintertime drill program focused on the western Cadillac Break Properties, Val d'Or, Quebec. The Triangle Too drill program is a follow-up to the smaller, first-pass drill program completed last fall. Alexandria, in 6 out 7 holes drilled, successfully located important geological rocks. These host high grade gold veins in the region: diorite plugs, shear zones and gold-quartz veins. Eric Owens, [...]

Bass-Dannreuther Die State a/”c.” The middle of the Capped Head series offers a trio of scarce-to-rare 1818 half eagles, including two of the most famous reverse die blunders of the entire half eagle series. The popular STATESOF variety (BD-2) attracts much of the attention, although the equally interesting BD-3 die marriage, with its overpunched denomination, is arguably the greater challenge for half eagle specialists. Each 1818 variety features a monogamous die pair, with prominent obverse and reverse die characteristics readily apparent on both sides. The rare BD-1 displays a “normal” obverse and reverse, with the obverse stars each struck from [...]

Gold prices rising & up 6.6% YTD Signal “impending market volatility” World has never been more uncertain (see chart) Fear in Wall Street versus Fear in Washington Price of 'plunge protection' rising even as VIX remains low Smart money diversifying into gold Important to watch rising gold and rising bond yields  Gold may prove the “tell” Bloomberg have done an excellent article replete with five must see charts including gold charts that suggest that we are on the verge of significant market volatility and turmoil. From Bloomberg: “A former TV star as U.S. president doesn't seem to have injected markets [...]

Copper Lake Resources Ltd. (TSXV:CPL)(FRANKFURT:W0I) (“Copper Lake” or the “Company”) is pleased to announce the Company has completed new plate modelling of VTEM surveys and outlined 6 plate anomalies in the core Marshall Lake area. The Company has reviewed the 6 modelled plate anomalies and will focus on 3 which have significant adjacent historical massive sulphide drill intercepts. Highlights: VTEM-001 modelled plate at Billiton South is located down dip of hole MAR-07-11 which: Intersected 10.20m @ 1.25% Cu, 1.04% Zn, 56g/t Ag & 0.04g/t Au from 115.0m Including 4.00m @ 1.93% Cu, 1.73% Zn, 86g/t Ag & 0.07 g/t Au [...]

Yorbeau Resources Inc. (TSX:YRB.A) (the “Company” or “Yorbeau”) is pleased to report on recent diamond drilling results at its 100% owned Scott Lake project in Quebec. Drill hole SC-88W intersected a 15.3 metre long interval of combined stringer (mostly) and massive sulphides in the last hole of the drilling program to explore the Gap Lens. This hole was a 90 metre step out to the east of hole SC-87W3 which had intersected over 20.6 metres of 5.9% zinc, 0.7% copper and 50.9 g/t silver (press release of November 23, 2016), and a 75 metre step out to the east of [...]

London Gold Bullion Banks To “Open Vaults” In Transparency Push London's gold bullion market, which is centuries old, is said to be seeking transparency with plans to reveal how much gold bullion is held in vaults in and around London city according to gold bullion banks. These include gold bullion bars held and controlled by the Bank of England, as reported by Henry Sanderson in the Financial Times. The move is being led by the London Bullion Market Association and it is said that it will provide data for the first time on how much gold is traded in the London [...]