Barksdale Resources CEO Rick Trotman on the WealthHolders Podcast investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
Last week’s top-gaining mining stocks on the TSXV were Sintana Energy, PetroFrontier, Gratomic, North Peak Resources and St. James Gold.
The S&P/TSX Venture Composite Index (INDEXTSI:JX) trended downward last week, closing on Friday (March 5) at 919.09 after opening at 1,039.47 on Monday (March 1).
Last week brought downward momentum for many commodities, including gold, which dropped below US$1,700 per ounce, reaching its lowest level since mid-2020.
Oil prices, however, have trended higher in the first week of March, with Brent crude rising above US$70 per barrel on Sunday (March 7). The increase came after top oil exporter Saudi Arabia said there had been an attack on the country’s energy facilities, pulling security of global supply into question.
Xplore Announces Closing of the Upper Red Lake Gold Project with Abitibi Royalties
Xplore Resources Corp. announces today that it has received conditional approval from the TSX Venture Exchange (the “TSX.V”) for the previously announced letter of intent (“LOI”) on January 13th, 2021 with Abitibi Royalties Inc. (“Abitibi”) to earn a 100% interest in the 1,750 Ha Upper Red Lake Gold Project (the “Upper Red Lake”), located in the Red Lake Mining Division, ON., Canada.
“TSX.V”) for the previously announced letter of intent (“LOI”) on January 13th, 2021 with Abitibi Royalties Inc. (
“Abitibi”) to earn a 100% interest in the 1,750 Ha Upper Red Lake Gold Project (the