Reuters reported that gold fell to a six-week low in Tuesday trading, pushed down by weak stock prices and by concerns over the Spanish credit downgrade.
As quoted in the market report:
Spot gold was down 1.1 percent at $1,708.60 an ounce at 1241 GMT, while U.S. gold futures for December delivery were down $11.50 an ounce at $1,714.80
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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