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BMG's Nick Barisheff plans for gold business without Scotiabank
12:23p ET Monday, July 6, 2020
Dear Friend of GATA and Gold:
Last week your secretary/treasurer interviewed Nick Barisheff, president and CEO of Canadian bullion fund manager BMG Group (https://bmg-group.com/), covering the company's long relationship with bullion trader Scotiabank, which is leaving the metals business while negotiating misconduct settlements with U.S. law-enforcement agencies.
Barisheff, who often and heroically has warned investors to stick to allocated gold and avoid "paper gold" pushed by bullion banks, assured his customers that all their metal is safe, accounted for, and unencumbered at Scotiabank's vault in Toronto as BMG Group arranges new vaulting and trading services.
... Dispatch continues below ...
Enduro Metals Reports Drill Intercept Cut
144 metres of 3.18 g/t Gold; Identifies
Additional Gold Targets at Newmont Lake
in British Columbia's Golden Triangle
Monday, July 6, 2020
KELOWNA, British Columbia Canada -- Enduro Metals Corp. (TSXV: ENDR; OTC: SIOCF; FSE: SOG-FF), formerly Crystal Lake Mining, is pleased to report drill results as part of the ongoing exploration program on the company's 551-square-kilometer Newmont Lake Project in the heart of British Columbia's Golden Triangle.
These results are from previously unsampled drill core by a previous operator whose focus was on narrow high-grade intersects, with the result that only a portion of the core was previously sampled. Infrastructure in the region has greatly improved, including power and road access now within 16 kilometers, leading to a dramatic change in the approach to exploration and potential development at Newmont Lake.
An ongoing comprehensive technical review of the project recently identified three gold mineralization styles associated with the 20-kilometer-long McLymont Fault, one of multiple target areas within the Newmont Lake Project. The study determined that previous operators did not identify all gold mineralization styles, and as a result only 19 percent of the total drill core has been assayed to date. ...
... For the remainder of the announcement:
Barisheff concurred with GATA's view of gold market manipulation by governments and central banks and was confident that international developments will restore gold to its central place in the world financial system.
The interview is an hour long and can be viewed at You Tube here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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