After years of solid consolidation activity among precious metal discoveries in the Southern Hemisphere, things are starting to heat up in the northern climes.
This week, Kinross Gold
For their patience, Kinross shareholders will be rewarded with an attractive development prospect called White Gold, which has already identified an indicated resource of greater than 1 million ounces of gold. At the project's Golden Saddle deposit, ore grades look highly favorable for positive economic feasibility at 3.2 grams per ton.
At about $135 per indicated ounce, the acquisition cost may look fairly elevated in comparison to the $42 Kinross paid to Teck Resources
A number of larger projects sitting beneath Canada's icy northern climes have yet to find deep-pocketed suitors. The largest of these, Seabridge Gold's
I consider British Columbia a particular hotbed of attractive opportunities, and I'm preparing a Foolish survey of British Columbian assets that will warrant Fools' attention. In the meantime, your fellow readers consider your opinions more valuable than gold, so please share your views in the comments section below.
Gold is a hot topic on the blogs at Motley Fool CAPS. Join the free service today and see just how many Fools are taking the long view when it comes to investing in gold. The "Gold" tag at CAPS lists 51 potential investments, and you'll find Christopher's comments on most of them.
Fool contributor Christopher Barker can be found blogging actively and acting Foolishly within the CAPS community under the username TMFSinchiruna. He tweets. He owns shares of Kinross Gold and NovaGold Resources. The Motley Fool has a gilded disclosure policy.