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JV Article: American Eagle Gold advances flagship Golden Trend property in Nevada

JV Article: American Eagle Gold advances flagship Golden Trend property in Nevada
A view looking north over American Eagle’s Golden Trend asset in Nevada,
with Cortez Hills to the left and the Goldrush property on the right. Credit: American Eagle Gold
Newly listed
American Eagle Gold (TSXV: AE) continues to focus on exploring its flagship Golden Trend property in Nevada. The company’s 925-hectare site was acquired in July of last year and is located in the state’s rich Cortez Trend, adjacent to Barrick Gold and Newmont Mining’s joint venture Nevada Gold Mines Goldrush deposit and Cortez mine, which collectively host over 27 million oz. of gold. ....

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Mined gold supply still not keeping up with demand

Mined gold supply still not keeping up with demand
(Shutterstock Image)
2020 was a mixed bag for gold producers. On the one hand covid-19 forced many to temporarily halt operations, due to government-imposed lockdowns.
Yet last year also saw gold hit a record $2,034 per ounce, due mainly to pandemic-related demand shocks, including a sharp drop in the US dollar; the flight from equities to bonds, which drove yields to record lows, thus supporting investments in gold; and monetary easing across the major central banks, comprising a resumption of quantitative easing (mainly bond buying) designed to drive down interest rates and spur borrowing; and interest rate cuts to near 0%, also carried out to incent businesses and individuals to take out loans, and therefore protect national economies from falling into recession during the once in a century global health crisis. ....

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American Eagle Gold has promising assets in the gold fields of Nevada

American Eagle Gold has promising assets in the gold fields of Nevada
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.

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Orefinders Completes Agreement with American Eagle Gold for Spin-Out Transaction

Orefinders Completes Agreement with American Eagle Gold for Spin-Out Transaction
Orefinders Resources Inc. is pleased to announce that further to its news release on December 9, 2020 the Company has entered into an arrangement agreement with American Eagle Gold Corp. . The Company, as AEG’s largest shareholder, currently holds 10 million of the common shares in the capital of AEG . The Arrangement is expected to result in AEG becoming an independent public company listed on the TSX Venture …
Orefinders Resources Inc. (“Orefinders” or the “Company”) (TSXV: ORX) is pleased to announce that further to its news release on December 9, 2020 the Company has entered into an arrangement agreement with American Eagle Gold Corp. (“AEG”) (the “Arrangement Agreement”). The Company, as AEG’s largest shareholder, currently holds 10 million of the common shares in the capital of AEG (the “AEG Shares”). ....

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