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Adventure Gold Reports 11.2 G/t Gold Over 5 Meters, Val-D’Or East

Adventure Gold Inc. (TSXV:AGE) has reported drill results from the last eight holes of its summer drill program, which outline significant new gold intercepts near historic gold production at the former Beliveau gold mine. This is the third set of positive results released for Adventure Gold’s Val-d’Or East – Pascalis

The New James Bay Gold Belt

In 2003, Virginia Mines announced that it had discovered the Eleonore gold deposit in the James Bay region of Quebec. Today, the area is known as the New James Bay Gold Belt, a highly prospective region that has enticed other companies to begin mineral exploration programs nearby.

Gold Pushes Higher on QE3

Gold hit a seven-month high Thursday with the US Federal Reserve’s decision to push out another quantitative easing program. Silver and North American stock markets also tracked higher on the news.

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