A booming gold tape creates ideal tailwinds for high-grade surface targets, but market valuation hinges on whether surface assays convert into drill intercepts down-dip. As gold surged nearly 5% and mining equities rallied, a high-grade epithermal target in Papua New Guinea saw the drill rig arrive to test a 137 g/t surface discovery properly. Great Pacific Gold Corp. (TSX-Venture: GPAC) (OTCQX: GPGCF) jumped Wednesday after diamond drilling started at the Magiabe Vein target on its Wild Dog Project in East New Britain Province, Papua New Guinea, right after wrapping the current Kasie ...

Following gold’s parabolic rally in late January, the broader commodity complex has pulled back and is now working to establish a new trading base. While the corrections in gold and silver have been more pronounced than in copper, their prior advances were also significantly larger in scale. As the underlying metals pause, many publicly traded mining stocks have also consolidated. However, that slowdown may prove temporary, as several miners have started to curl higher in recent sessions, an early sign that much of the recent pullback could already be behind us. This shift comes just ...

Following gold’s parabolic rally in late January, the broader commodity complex has pulled back and is now working to establish a new trading base. While the corrections in gold and silver have been more pronounced than in copper, their prior advances were also significantly larger in scale. As the underlying metals pause, many publicly traded mining stocks have also consolidated. However, that slowdown may prove temporary, as several miners have started to curl higher in recent sessions, an early sign that much of the recent pullback could already be behind us. This shift comes just ...

Following gold’s parabolic rally in late January, the broader commodity complex has pulled back and is now working to establish a new trading base. While the corrections in gold and silver have been more pronounced than in copper, their prior advances were also significantly larger in scale. As the underlying metals pause, many publicly traded mining stocks have also consolidated. However, that slowdown may prove temporary, as several miners have started to curl higher in recent sessions, an early sign that much of the recent pullback could already be behind us. This shift comes just ...