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Bullion Star: China's secretive accumulation of gold on the international market
9:40p ET Wednesday, July 26, 2017
Dear Friend of GATA and Gold:
Bullion Star today reviews the evidence that China has been accumulating much more gold as semi-official reserves than the country has been reporting. Bullion Star's analysis is headlined "People's Bank of China Gold Purchases: Secretive Accumulation on the International Market" and it's posted at Bullion Star here:
https://www.bullionstar.com/gold-university/chinese-central-bank-gold-bu...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
NuLegacy Discovers New Gold Zone
Company Announcement
Tuesday, July 25, 2017
RENO, Nevada -- NuLegacy Gold Corp. reports that it has discovered a material new gold zone in a "wildcat" step-out hole 375 meters (1,200 feet) west of the north zone of the Iceberg gold deposit:
http://nulegacygold.com/i/pdf/GT072117.pdf
Drill hole IN17-03 encountered 125 meters (405 feet) of strongly brecciated jasperoid hosted in the Devonian Horse Canyon formation (an important host for gold in Carlin-type deposits) starting at a depth of 435 feet and extending to 840 feet. Within this formation:
-- 85.4 meters (280 feet) returned assays of 0.64 grams/tonne of gold.
-- This included 50.5 meters (165 feet) of 1.00 grams/tonne gold.
-- This also included 13.7 meters (45 feet) of 2.27 grams/tonne gold.
"This new discovery is hosted in a long interval of the very favorable Horse Canyon formation located in a northwest striking cross-faulted structure, both of which are classic characteristics of the major gold deposits of the Cortez trend, such as the neighboring Goldrush, Cortez Hills, and Pipeline deposits,” said Derick Unger, chief geologist for NuLegacy Gold. ...
... For the remainder of the announcement:
http://nulegacygold.com/s/News.asp?ReportID=797737&_Type=News&_Title=NuL...
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...
Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/
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