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Arizona Mining (TSX:AZ) has announced results of three new exploration drill holes targeting the expaxnsion of the Taylor Zn-Pb-AG sulfide deposit on its 100 percent owned Hermosa Project in Arizona. As quoted in the press release: All holes are significant expansions to the maiden resource announced on February 1, 2016 (see Map attached). HDS-346 intersected several zones of mineralization including 183 feet of 6.2% zinc, 7.6% lead, 0.05% copper and 2.29 opt silver, which included an interval of 85 feet of 9.4% zinc, 12.8% lead, 0.09% copper, and 3.92 opt silver. This drill hole represents a 500 foot step out [...]

Corvus Gold Inc. (TSX:KOR, OTCQX:CORVF) announced the initial drill results from the 2016 North Bullfrog exploration program. Results have demonstrated the continuity of gold mineralization directly adjacent to the current pit design at the NW Sierra Blanca target along with a significant new discovery at the Swale target immediately north of the YellowJacket/Sierra Blanca deposits. As quoted in the press release: The initial hole at the new Swale target (NB-16-300) intersected 18.3m of 1.76 g/t gold & 2.4 g/t silver (Table 1).  The new Swale discovery is characterized by extensive quartz stockwork mineralization that is directly associated with a large rhyolite [...]

The 'pensions timebomb' is in “slow motion detonation” in the U.S, EU and internationally as pension funds around the world begin to go bankrupt.Max Keiser and Stacy Herbert discuss the end of retirement which many Americans, Britons, Europeans and others will suffer as their pensions are decimated in the coming years due to zero percent interest rates and ultra loose monetary policies pursued for the benefit of banks and corporations.Governments and central banks bailed out banks at the expense of pensioners and the pensions of workers who have been “thrown under the bus”.In the second half, Max interviews Constantin Gurdgiev, Professor of Finance at [...]

The rare coin market is starting to settle in as late Spring transitions to Summer. The June Long Beach Show has long been a bellwether for this time of year as many dealers attend the show with one eye towards the Summer break. By all indications the rare coin market has weathered the first half of the year surprisingly well considering the uncertain financial markets and general trepidation usually encountered in a presidential election year. Dealers we have spoken with have reported that their activity has improved consistently from January to date. The market is not great by any means, [...]

Canasil Resources (TSXV:CLZ) has announced a non-brokered private placement of 7,500,000 units at a price of $0.32 per unit for total gross proceeds of $2.4 million. As quoted in the press release: Each Unit will consist of one common share of the Company and one-half of one non-transferable share purchase warrant. Each whole warrant (a “Warrant”) will entitle the purchase of one common share of the Company at a price of $0.50 within two years of closing. If, commencing after the fourth month after closing, the closing price of the Company's shares exceeds $0.80 per share for a period of [...]

Gold prices surged nearly 3% after the very poor jobs number on Friday, have maintained those gains and appear to be consolidating as concerns about the U.S. economy and BREXIT deepen.Gold Prices in USD – 1 Week (GoldCore)Gold was marginally higher yesterday and 2.7% higher last week breaking a run of recent weekly losses and a 5% loss in May.BREXIT concerns are gaining momentum after three recent polls suggested that the 'leave' side are gaining an advantage and a BREXIT looks more likely.An ITV poll showed 45% for “Leave” and 41% for “Remain.” A survey by global market research company TNS showed 43 percent [...]

The Perth Mint of Australia is now selling the second of three coins from a unique series depicting Norse gods. The first release, depicting Odin, sold out. This second coin features Thor, the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) announce that it and its subsidiary, Idaho CuMo Mining Corporation, have signed a non-binding Memorandum of Understanding with Ping Shan Resource Holdings Ltd., a subsidiary of a leading Hong Kong based commodities group, and MCC8 Group Company Limited, a China-based leader in Engineering, Procurement and Construction (EPC) and management for non-ferrous metallurgical industry projects, with respect to the development of CuMoCo's CuMo Project, a molybdenum-copper-silver deposit located in Idaho, USA. As quoted in the press release: The parties entered the MOU to formalize their understanding and intentions with respect to the development of the CuMo Project. [...]

The S&P/TSX Composite index (INDEXTSI:OSPTX) up once again last week, rising 0.89 percent to reach 14,226.78 points. As per the Canadian Press, the stock market rose on the back of stronger oil prices, despite no agreement to freeze production levels at this week's OPEC meeting. However, the gold price bounced higher on Friday following the release of weak US jobs data, and a number of gold mining stocks saw a boost in share price as well. Last week's top TSX-listed mining stocks were:  Asanko Gold (TSX:AKG) Vista Gold (TSX:VGZ) Torex Gold Resources (TSX:TXG) Premier Gold Mines (TSX:PG) Detour Gold (TSX:DGC) Here's a [...]

Gold prices jumped 2.3 percent on Friday following the release of poor US jobs data. Overall, the yellow metal was up 3.08 percent for the week. As per the Wall Street Journal, US jobs data released Friday showed that hiring is slowing down. This has dampened expectations that the Federal Reserve will increase interest rates this month. Over the month of May, market watchers put the probability of the fed raising interest rates around 28 percent. “Now that we just saw some really terrible data … the chances of [the Fed] moving forward with a rate increase are all out the window,” said [...]