Gold production for the first half of 2023 totaled 21,171 ounces. The Company maintains its 2023 annual production Outlook targeting 40,000 ounces of gold (a range of 36,000 to 40,000 ounces).
Big gold and gold-stock uplegs are driven by this powerful buying-begetting-buying dynamic. With gold-futures speculators’ long positioning still really low and investors barely buying so far..
The Séguéla Mine poured first gold on May 24 and produced 4,023 ounces during the initial ramp up weeks of the second quarter with first sales planned for July.
Assay results for the first batch of samples taken at the project indicate the presence of copper and gold mineralization associated with gossanous veins and shear zones.
Shallow, broad intersections, with strong lateral continuity of oxidized gold-silver, continue to expand the mineralized zones around and below the contention open pit, remaining open in all directions.
Gold is exiting June’s summer-doldrums seasonal slump, with both gold-futures speculators and investors still having huge buying firepower left. The former will flock back as Fed..
Even contrarian traders have mostly lost interest in this high-potential sector. Their apathy is causing gold-stock prices to languish, creating the best seasonal buying opportunity of the year.
“Prismo is in the very enviable position of having three fully funded drilling campaigns this year, thanks to our strong liquidity position. Drilling is currently underway at our..."
