EXPLORATION & DEVELOPMENT

Maud Creek boost for Newmarket Gold

Eric Sprott was onto something when he started investing in TSX-listed, Australia-focused Newmarket Gold. After an incredible share price rise in the past five months driven by stellar results, higher production and a rising gold price, the company’s stock is due another uptick following the release of a preliminary economic assessment on its Maud Creek gold project.

CEO Doug Forster (right) has been getting things right at Newmarket Gold as of late

CEO Doug Forster (right) has been getting things right at Newmarket Gold as of late

The location of the project, in the Northern Territory of Australia, may not prove familiar to all Canadian investors, but the economic credentials are easy to see. Estimated to produce 52,000 ounces...

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