It appears that lunging global stock markets will send the price of gold much, much higher.
December 10 (King World News) – Alasdair Macleod: “It’s going to be a very difficult year for people who have benefitted from this world of fiat. You’re going to see prices reverse very rapidly (as global stock markets tank). And that’s going to be the precise environment where people suddenly decide there’s only one thing to have and that’s precious metals. Get into real money, get out of fiat…to continue listening to Alasdair Macleod discuss what the bullion banks are up to ahead of the Basel 3 deadline and more CLICK HERE OR ON THE IMAGE BELOW.
BIG NEWS: 192.5 g/t gold over 7.5 metres drilled ahead of resource update!
K92 Mining, one of the highest-grade gold producers in the world, just reported 192.5 g/t gold over 7.5 metres at its Kora deposit from underground. This was not the only high-grade hole – they also reported 41.02 g/t Au over 7.6 metres, 25.97 g/t Au over 12.65 metres and 29.28 g/t Au over 5.36 metres. The drilling results show that the system is not only open to the South and depth but also to the North – opening up a new exploration front.
Exploration looks to be just scratching the surface, only ~20% of the vein field strike has been drilled and what has been drilled is open to depth. Drilling is ramping up, with CEO John Lewins indicating drilling is now focused on “resource growth” with up to 11 rigs operating. There are now 4 drill rigs on Judd, which recently reported 211 metres of 20.36 g/t gold along development, with a resource update expected early in the new year.
CEO John Lewins also added that a second drill rig is being added to Judd South and Kora South. This is the first time in the history of the project that the extension of Kora and Judd to the South will be drilled from surface. 2022 looks to be a very exciting year for exploration. K92 Mining, symbol KNT in Canada and KNTNF in the US.
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