TSXV:ROCK

Rockridge Expands Drilling Program at Knife Lake Copper Project, Saskatchewan

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Gold bars.

5 Top Weekly TSXV Stocks: Rackla Metals Soars 90 Percent on Gold Exploration Results

The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 20.94 points last week to close at 584.33.

The US Bureau of Labor Statistics released March employment numbers this past Friday (April 5). The report indicates that 303,000 nonfarm jobs were added to the economy through the month; meanwhile, the unemployment rate declined slightly to 3.8 percent, although it remains within the 3.7 percent to 3.9 percent range it’s held since last August. The increase in jobs surprised economists, who had forecast that approximately 200,000 jobs would be added for the month.

There was a different story north of the border. Statistics Canada released its March Labor Force Survey this past Friday, and it shows that the country's unemployment rate rose 0.3 percent to come in at 6.1 percent. Canada's employment remained largely unchanged, posting a slight contraction of 2,200 jobs.

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Labyrinth Gold Project Sale Conditions Satisfied

Labyrinth Gold Project Sale Conditions Satisfied

Labyrinth Resources Limited (ASX: LRL) (‘Labyrinth’ or ‘the Company’) is pleased to announce that the outstanding conditions for the sale of its Labyrinth and Denain Projects in Canada for USD$3.5M (~A$5.32M) cash have been satisfied or waived.

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Gold and silver bars in basket with green up arrow.

Top Stories This Week: Gold Price Hits US$2,300, Silver Price Breaks US$27

The gold price hit a major milestone this week, breaking the US$2,300 per ounce mark for the first time ever.

The yellow metal's rise has been a long time coming, but in some ways it's been quicker than expected. I spoke with many experts at the Prospectors & Developers Association of Canada convention about a month ago, and while a number of them thought US$2,300 was in the cards for 2024, they didn't necessarily see it happening so fast.

Gold's increase came even as US Federal Reserve Chair Jerome Powell said the central bank needs to see more evidence that inflation is heading toward its 2 percent target before it begins cutting interest rates.

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Newmont Completes $20 Million Global Community Support Fund, Partnering with Communities for Greater Resilience Post-Pandemic

Global Community Support Fund demonstrates commitment to social responsibility and strengthening community engagement

Newmont Corporation (NYSE: NEM, TSX: NGT, ASX: NEM, PNGX: NEM) proudly announces the successful completion of the $20 million Global Community Support Fund (the Fund), established in April 2020 in response to the unprecedented challenges posed by the global pandemic. The objective of this fund was to provide critical financial resources to host communities where Newmont operates, targeting funds to address immediate impacts of the global pandemic while catalyzing long-term resiliency and future community development.

News Provided by Business Wire via QuoteMedia

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Astral Resources

Outstanding New High-Grade Hits Extend Kamperman Strike Length to 350 Metres

Recent RC drilling at Kamperman has successfully in-filled the Prospect to the south and extended the known mineralised strike by a further 100 metres to the north.

Astral Resources NL (ASX: AAR)(Astral or the Company) is pleased to report assay results from the remaining 15 holes of a recently completed 19-hole RC drilling program at the Kamperman Prospect, part of its 100%-owned Feysville Gold Project (Feysville), located approximately 14km south of Kalgoorlie in Western Australia (Figure 1).

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Flynn Gold

Partially Underwritten Renounceable Rights Issue to Raise up to $2.5 Million

Flynn Gold Limited (ASX: FG1, “Flynn” or “the Company”) is pleased to announce that it is undertaking a one-for-two renounceable rights issue (“Rights Issue”) at 3 cents per share to raise up to approximately $2.5 million (before costs). For every two new shares subscribed, eligible shareholders will receive one free attaching new option with an exercise price of 7.5 cents and expiring 30 months from the date of issue. The Company will apply for the quotation of the new options on the ASX.

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