Barrick Soars After Confirming North American IPO
Barrick (B) is up 8.36% today after confirming this morning in its quarterly earnings announcement, "North American Barrick IPO progressing as planned, targeting completion by year end."
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Westward Gold (CSE: WG) is directly adjacent to Barrick's most valuable North American assets!
According to Barrick’s CEO, "Our focus for the year is clear: continue to improve safety performance, deliver on production and cost guidance, advance our growth projects on time and on budget, and execute the North American Barrick IPO to unlock further shareholder value.”
Barrick also confirmed regarding its biggest growth project, Fourmile: "The Fourmile project in Nevada continued to demonstrate its potential to become a standalone Tier One gold asset5. With the implementation of additional safety measures, drilling activity continued through winter, adding over three months of previously unavailable drilling time. The additional drilling time is helping accelerate progress on resource definition in the southern areas and extensional opportunities. Drilling is planned to be expanded throughout 2026. Ongoing PFS studies are expected to support the potential for significant resource growth, with a full PFS expected to be completed in 2028."
Westward Gold (CSE: WG) is the most promising Nevada gold explorer we have ever discovered considering it is directly adjacent to Barrick's most valuable assets and all signs point to the SSD Zone having Fourmile-like high-grade gold potential!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from WG of US$60,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.