We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Precious Metals and Mining Stocks Uneasy After FOMC Rate Cut

Precious Metals and Mining Stocks Uneasy After FOMC Rate Cut

2019/8/1
logo of podcast Mining Stock Daily

Mining Stock Daily

Shownotes Transcript

Gold’s recent resiliency fades after Fed Chair Jerome Powell signaled the central bank is in no hurry to cut interest rates. Integra Resources shared an update on the metallurgical test work for both Florida Mountain and DeLamar deposits. Hudbay to appeal yesterday's court ruling on Rosemont. Aurion Resources announced that it completed its private placement financing. Rugby Mining announced that it has entered into an option agreement to earn up to 100% of the El Zanjon Gold and Silver Project in Santa Cruz Province, Argentina.

We'd like to thank our sponsors!

Integra Resources trades on the TSX-V under ITR and the OTCQX under IRRZF. Integra Resource is advancing its past producing DeLamar (DeL - a - Marr ) Gold-Silver project in SW Idaho through aggressive drilling and exploration. An updated Resources Estimate is expected in Q2 and a maiden PEA in H2 2019. The management of Integra successfully sold its previous brownfields project for C$590 million in summer 2017. Read more about the company and its successful management team at integraresources.com).

Pacific Empire Minerals Corp. is a junior exploration company focused on the discovery of gold-rich copper deposits in British Columbia, Canada. Pacific Empire trades on the TSX Venture Exchange under the symbol PEMC and on the OTCQB markets under the symbol PEMSF. The Company currently has a very tight share structure. Pacific Empires’ unique approach to the prospect generator business model incorporates the Company’s own reverse circulation drill to advance projects beyond that of typical prospect generators. The focus for Pacific Empire during 2019 is its Babine Porphyry Belt projects in central British Columbia where Pacific Empire has assembled a 17,000 hectare land position over the past 12 months. During 2019, Pacific Empire is also planning aggressive reverse circulation drill programs on its Sat, Bulkley and Paragon properties. More information on Pacific Empire can be found at pemcorp.ca).

Western Copper and Gold is focused on developing the world-class Casino project in Canada's Yukon Territory. The Casino project consists of an impressive 10 billion pounds of copper and 18 million ounces of gold in an overall resource. Western Copper and Gold trades on the TSX and the NYSE American with WRN. Be sure to follow the company via their website, www.westerncopperandgold.com).

Mining Stock Daily is produced by:

www.clearcreekdigital.com

www.investmentresearchdynamics.com (Mining Stock Journal)