The company announced the deposit now hosts an indicated resource of 157.3 million tonnes grading 0.52 grams gold per tonne for 2.61 million oz. of metal.
Concern is growing over the federal government’s seeming inability to leverage Canada’s vast natural resource endowment as it navigates the uncertain global geopolitical and economic landscape.
Rick Rule expects much more robust deal activity among the mid-tiers since the market has shown that as companies get bigger, their trade liquidity increases, bringing other benefits.
Canada’s Northwest Territories is positioned to capitalize on the coming critical minerals supply crunch, says the territory’s Industry, Tourism and Investment minister.
The trust that allowed for global trade over the last 30 years has shifted irreversibly, and countries are now scrambling to secure supplies of natural resources as a matter of national security.