The company said Monday that it plans to begin construction in 2019, with full mine production following in the first half of 2022.
Last week’s other top-gaining stocks on the TSX were Pretium Resources, Columbus Gold, Northern Dynasty Minerals and Trilogy Metals.
Integra Resources, run by many of the people behind recently acquired Integra Gold, has released a resource estimate for its DeLamar project.
The company has signed a legally binding conditional term sheet for a US$45-million debt facility with Sprott Resource Lending.
The company has released a maiden resource estimate for the New Mexico-based project and plans to advance to a preliminary economic assessment.
The gold price edged lower on Friday after a new jobs report increased worries of another rate hike from the US Federal Reserve.
Discoveries of noteworthy gems have increased in recent years, but blue is still by far one of the rarest diamond colors.
By Melissa Shaw
Last week’s other top-gaining stocks on the TSXV were Rathdowney Resources, Novo Resources, Melior Resources and Jayden Resources.
The gold price has been driven mainly by geopolitical tensions and a weak US dollar in Q3, and looks set to end the period higher.