GOLD 4,523.20 $/oz ▲ +16.90 (+0.38%) | SILVER 76.20 $/oz ▲ +1.37 (+1.83%) | PLATINUM 1,939.70 $/oz ▲ +5.90 (+0.31%) | PALLADIUM 1,360.30 $/oz ▲ +0.10 (+0.01%) | COPPER 6.38 $/lb ▲ +0.21 (+3.47%) | GOLD MINERS INDEX 727.34 pts ▼ -19.23 (-2.58%) | SPDR GOLD ETF 413.82 $/sh ▼ -3.47 (-0.83%) | SILVER ETF 68.36 $/sh ▼ -0.68 (-0.98%) |
Gold Market Context: Macro Drivers Key macro instruments that drive gold price movements: dollar, yields, risk appetite DXY US Dollar Index 99.24 pts ▼ 0.06 (-0.06%) tailwind for gold Gold inverse — rising dollar pressures gold | US10Y 10-Yr Treasury 4.56 % ▼ 0.11 (-2.34%) tailwind for gold Real yield pressure — higher yields weigh on gold | SPX S&P 500 7,473.47 pts ▲ 64.97 (+0.88%) headwind for gold Risk appetite — equity rallies reduce safe-haven demand | BTC Bitcoin 77,430.96 USD ▼ 108.21 (-0.14%) negative for gold Alt safe haven — moves with gold in risk-off | WTI Crude Oil (WTI) 96.60 $/bbl ▼ 11.17 (-10.36%) negative for gold Inflation proxy — rising oil can lift gold | EURUSD EUR / USD 1.16 ▲ 0.00 (+-0.07%) positive for gold Dollar strength gauge — inverse to DXY |
| ▲ Rising DXY or yields typically pressure gold | ▲ Falling yields or geopolitical risk support gold | Live data — fetched at send time |
Market Commentary Pilar Gold: Pre-IPO Investment Opportunity • Equity raise for the restart of a fully equipped gold mine in Brazil • 4 million ounce gold resource and full infrastructure • Near-term upside for a significant value re-rating from the production start and public listing • Significant growth opportunities with multiple hub & spoke mines in the vicinity including high grade targets • C$5M private placement at C$0.30 per share closing May 29, 2026 Find out more → |
Today's Interesting Company News Grizzly Provides Geophysical Program Updates to Define Precious and Critical Minerals Targets at Its Greenwood Projects, BC CanadaGrizzly Discoveries Inc. (TSXV:GZD, OTCQB:GZDIF) announced the receipt of results from the Phase 2 Induced Polarization (IP) Survey at the Sappho Target area and the commencement of a Phase 1 IP survey at the Greyhound – Motherlode area near Greenwood. The company also reported early 2026 sampling results from the Greenwood, BC Precious and Critical Minerals Project, including the discovery of a new metal occurrence at Motherlode Northeast and strong copper and gold results from several areas. A total of 63 rock grab and sand samples were collected, with notable assay results including up to 5.12 g/t Au, 66.7 g/t Ag, and 0.528% Cu. The initial drill program at the Sappho Skarn Target area has been completed with 1,485 m drilled in 7 holes, and further drilling is planned. The company is planning additional trenching, drilling, and IP surveys at Sappho, Motherlode, and Midway throughout 2026. Results from ongoing and future exploration activities will be released as they become available. Arya Resources Reports Broad Gold, Silver and Elevated Scandium Mineralization at the Twin Zone, Wedge Lake Project, SaskatchewanArya Resources Ltd. (TSXV: RBZ) announced additional assay results from its 2026 winter drill program at the Wedge Lake Gold Project in the La Ronge Gold Belt of Saskatchewan. The results from drill holes AR26-11 and AR26-12 confirm the continuity and expansion potential of gold mineralization at the Twin Zone, with significant intersections of gold, silver, and scandium. Notable intercepts include 3.91 g/t Au and 4.58 g/t Ag over 5.00m, and 2.05 g/t Au and 4.02 g/t Ag over 10.00m. The company is awaiting further assay results from drill holes AR26-13, AR26-14, and AR26-15. Arya Resources maintains strict QA/QC protocols and is advancing both the Wedge Lake Gold Project and the Dunlop Nickel-Copper-Cobalt Project. The company emphasizes the polymetallic potential of the Twin Zone system and ongoing work to expand the mineralized footprint. Kirkland Lake Discoveries Intersects 2.46 G/t Au Over 14.7 M in New Fault Zone; 180 M Step-Out Expands Mirado South MineralizationKirkland Lake Discoveries Corp. (TSXV: KLDC) (OTCQB: KLKLF) announced assay results from its 2026 diamond drilling program at the past-producing Mirado property, located 20 km southeast of Kirkland Lake, Ontario. Key drill holes KLM26-005 and KLM26-006 returned multiple broad and high-grade gold intervals, including 0.25 g/t Au over 11.8 m, 14.72 g/t Au over 0.8 m, and 2.46 g/t Au over 14.7 m. Visible gold was observed in KLM26-010 at 257 m downhole, representing a significant 180 m step-out from historical resource limits. The drilling program at KL South has been expanded to 30,000 m due to under-budget winter program efficiencies, with an all-in cost of $200/m. The results strengthen KLDC's geological model, confirm lateral and vertical continuity of mineralized zones, and highlight the potential for further expansion. Drilling has resumed at KL South, with assays pending for several holes and ongoing regional geophysics and geochemistry programs. The company has also launched a publicly accessible 3D drill hole model in partnership with Mining Hub to enhance transparency. Adyton Resources | TSXV: ADY • Latest drill result: 226 g/t Au over 1.0m at Fergusson Island, PNG. • 2 million oz inferred gold resource. US$20M of historical drilling already done. • Same mineral belt as the Lihir and Simberi gold mines. View Adyton Resources → |
TSX Venture Exchange Approves J2 Metals' Definitive Option Agreement to Acquire the Past-Producing Sierra Plata Silver-Gold-Antimony Project in Taxco, MexicoJ2 Metals Inc. (TSXV: JTWO) announced that the TSX-Venture Exchange has approved its definitive option agreement with Impact Silver Corp. (TSXV: IPT), granting J2 the right to acquire 100% of the 2,203-hectare Sierra Plata silver-gold-antimony project in Mexico over a 3-year period. The Sierra Plata Project hosts five past-producing silver mines and is considered highly prospective for antimony, a critical metal in the United States and European Union. J2 has already begun exploration activities, including geophysics, mapping, sampling, and permitting. The option agreement includes staged share issuances and a net smelter returns royalty for Impact, with provisions for cash payments and royalty buy-down. Recent sampling returned grades up to 3,932 g/t AgEq, and the project benefits from established infrastructure and technical teams. The company has appointed Carlos Cham Dominguez as Country Manager and is advancing exploration with a focus on both silver and antimony targets. Meeka Metals Begins Judy North Underground Development at Murchison Gold ProjectMeeka Metals (ASX: MEK) has commenced development of the Judy North orebody at its Murchison Gold Project in Western Australia, marking the start of underground mining at this site. The Judy North orebody has an initial resource of 96,000 ounces at 5.4 grams per tonne gold, and work is currently underway on two levels, with three more levels expected to begin in the June quarter. Mining at Andy Well began in July, initially focusing on the Wilber lode, and access to Judy North was established in the March quarter. Meeka is also planning to start development at the Suzie lode by September. The company has started a $6 million upgrade of its processing facilities, aiming to increase throughput to approximately 800,000 tonnes per annum. This upgrade includes installing an additional crushing circuit, wash plant, and Steinert multi-sensor ore sorter to unlock up to 200,000 tonnes per annum of additional mill capacity. These developments are designed to accelerate gold production and provide cost advantages under Meeka’s owner-operator model. Haranga Resources Delivers 2.46Mt JORC-Compliant Estimate for Lincoln Gold ProjectHaranga Resources (ASX: HAR) has announced a maiden JORC-compliant mineral resource estimate for its wholly owned Lincoln gold project, located in California’s historically prolific Mother Lode gold belt. The resource is reported at 2.46 million tonnes grading 5.1 grams per tonne gold for 402,000 ounces at a 2g/t cut-off, representing a 40.6% increase over the historical estimate. The Lincoln-Comet deposit contains 1.5Mt at 5.7g/t gold for 275,000oz, while Medean holds 0.96Mt at 4.1g/t gold for 127,000oz. A recent exploration target for the South Spring Hill deposit ranges between 1.16Mt and 1.64Mt at up to 5.8g/t gold for between 202,000oz and 308,000oz. Drilling of 44 diamond holes for a total 3,237.2 metres was completed to support the resource estimate. The company highlights established infrastructure and near-term development potential, with plans to commence restart studies for potential production. Haranga aims to reach multi-million ounce scale and accelerate the next phase of resource growth. Scottie Resources | TSX.V: SCOT • 50,000 metre drill program just launched at Scottie Gold Mine, BC Golden Triangle. • Permitting path cleared. Direct-ship ore strategy advancing. One to watch in 2026. View Scottie Resources → |
|