Scotgold looks for new targets as it readies to open Scotland’s first commercial gold mine
The company, which is close to declare commercial production at Cononish, has stepped up sediment and soil sampling programs.
The company, which is close to declare commercial production at Cononish, has stepped up sediment and soil sampling programs.
The Ontario-based company says initial sampling returned promising results.
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The Canadian miner said its drill program yielded higher results than the current inferred resource.
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Attributable gold production last year reached 726,000 gold ounces, compared to the 765,000 to 810,000 ounces the company expected.
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Risk consultancy Verisk Maplecroft oresee as many as 75 countries having to deal with soaring public rage over a variety of topics, including economic inequality and political roguery.
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Detailed provenance information linked to blockchain marks a transparency landmark in the precious metals market.
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The major driving forces include financial uncertainty and lower interest rates, a weakening in global economic growth, and gold’s price volatility.
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The company’s biggest production contribution is from its 50% stake in the Canadian Malarctic open pit in Quebec.
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This represents a 10% growth in total tonnes when compared with the maiden inferred resource.
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Wesdome has issued production guidance of 90,000-100,000 oz. for this year.
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