- HSBC believes that gold has "shrugged off" two bearish developments, a strong dollar and weaker commodity prices, announcing that they remain bullish on the precious metal. The group sees good emerging market demand, eventual dollar declines and central bank accumulation helping gold this year.
- The FTSE/JSE Africa Gold Mining Index, which rallied 20 percent this year, has had the best start since 1995 (source: Bloomberg).
January 23, 2016
January 13, 2016
A simply stunning result from the Arrow zone. Hole –62 which was the last of the summer 2015 program returns 78.0 m at 10.00% U3O8 including 12m at 38.29% U3O8 including 2.5m at 60.58% U3O8 and a continuous GT of 787 is the best hole to date at Arrow and the best in the Basin's history (angled holes in basement-hosted mineralization).
Hole –62 replaces another hole at Arrow - AR-15–44b (continuous GT of 655) as the best continuous GT returned from an angled hole drilled into basement-hosted mineralization from surface in the Athabasca Basin's history (on public record). See table below.