Evergold reports 7.70 g/t gold over 4.9 metres in B.C. drillingUpdated Oct 2, 2026 5:26pm ET MarketsThe S&P/TSX Composite gained 347.89 points, or 0.99%, to close at 35,502.65, as investors weighed the resilience of the Canadian economy against higher bond yields and trade tensions. G7 leaders announced a coordinated drawdown of 100 million barrels from reserves, beginning with diesel, while oil closed at US$91.26, down 1.73%. The Canadian dollar slipped 0.20% to US$0.70175. A senior deputy governor at the Bank of Canada said the key rate is too blunt to fix housing affordability alone. In the US, payrolls rose by just 29,000 in September with unemployment at 4.2%, which eased expectations of an October Fed hike. Venture & CSEThe S&P/TSX Venture Composite edged up 1.79 points, or 0.20%, to 880.57, while the CSE Composite lost 1.24 points, or 0.79%, to 155.90. Silver gained 2.77% to US$69.545 and gold slipped 0.72% to US$4,172.1. Evergold (TSXV: EVER) released assays from the first six holes of a 16-hole program at its Toodoggone project in British Columbia, including 4.9 metres of 7.70 g/t gold. Advanced Gold Exploration (CSE: AUEX) said it signed an MOU to acquire the Corcoran silver-gold property, which has a historical inferred silver resource. PMET Resources said it refiled its CV5 feasibility study report for the Shaakichiuwaanaan project with corrections to compliance-related items, after Quebec's securities regulator reviewed it. On copper, according to a media report, China's antitrust regulator asked Anglo American to commit to steady copper concentrate supply as a condition of approving its US$54 billion merger with Teck Resources. Market data
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Oct 2, 2026 4:44pm ET Written by AI based upon public market data and company news releases, and checked automatically before publishing. Company statements are reported as the companies made them. Not investment advice. |
