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Gold Above $4,670 Lifts Silver Tiger, NovaGold on TSX
Gold above $4,670 drives TSX mining gains. Silver Tiger advances El Tigre project with KCA EPCM contract, first pour targeted December 2027.
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Gold traded above $4,674 an ounce Monday, pushing precious metals stocks to the top of the TSX percentage gainers list. Silver held near $69. The rally lifted miners across the board, with Silver Tiger Metals and NovaGold Resources among the biggest advancers. i-80 Gold also rose.
Silver Tiger, which is building the El Tigre silver-gold heap leach project in Sonora, Mexico, said it has entered into an engineering, procurement and construction management contract with Kappes, Cassidy & Associates. The company has also hired its own construction management team. The board has approved the construction decision, with commissioning and first pour targeted for December 2027.