ASX 200 Stocks Deriving Best Advantage of the Gold Run
With its prices touching record high, gold stock market has become hotter than expected. The weaker economic data and the prevailing uncertainty in the run-up to the 2024 presidential election is further pushing the safe haven demand for gold.?
The coming weeks feature events that could further enhance this and bring gold investing to the fore. Two of the best gold mining stocks likely to be maximum benefitted are
?De Grey Mining Limited (ASX: DEG)
De Grey Mining Limited recently announced robust results from infill drilling at the Brolga deposit within its Hemi gold project. This infill grade control drilling, reducing drill spacing from 40m x 40m to 20m x 40m, supports detailed ore production planning and stockpiling schedules, essential for the commissioning and ramp-up phases at Hemi. To date, approximately 60% of assay results have been returned, with the remaining results expected in the upcoming Mineral Resource Estimate (MRE) update.
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