Gold Above $4,100: The Hidden Race Reshaping Exploration November 12, 2025 - Baystreet.ca Gold is hovering above $4,100 per ounce today. That's not just another milestone. Central banks purchased 1,045 tonnes in 2024, marking the third consecutive year above 1,000 tonnes. This represents unprecedented institutional demand for physical gold. The People's Bank of China alone has been buying for 11 consecutive months. Meanwhile, mine production remains flat at roughly 3,644 tonnes annually. Supply can't keep pace with demand. The gap is widening. Every major central bank from Poland to Singapore is adding gold reserves. They're diversifying away from dollar-denominated assets amid geopolitical uncertainty. That structural imbalance is creating opportunities for exploration companies advancing projects in historically productive districts across North America. These aren't speculative plays in unproven ground. They're systematic exploration programs in regions where past production has already validated the geology. One emerging explorer is systematically advancing assets in two continents where historic production spans decades. Click here to discover how this company is unlocking value in Brazil's Juruena Gold Province and British Columbia's Cassiar district. Five Companies Advancing Gold Exploration Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) – The company submitted a ministerial authorization request for an underground bulk sampling program at its Perron gold project in Quebec, targeting the Champagne and Denise zones at approximately 230 meters depth with expected commencement in Q1 2026. Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) – The company filed a technical report for its Mount Milligan Mine in British Columbia supporting a 10-year mine life extension to 2045 with average annual production of approximately 150,000 ounces of gold and 69 million pounds of copper from 2026 to 2042. Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF) – The company mobilized a fourth drill rig to its Beartrack-Arnett Gold Project in Idaho with drilling commencing October 12th on a planned 3,900-meter core program testing high-grade underground potential at the Sharkey target area. Visible Gold Mines Inc. (TSXV: VGD) – The company provided a corporate update outlining 2025 exploration plans including prospecting and sampling programs at its Horsefly project located 19 kilometers west of Iamgold's Nelligan project in the Chapais-Chibougamau area of Quebec. Val-d'Or Mining Corporation (TSXV: VZZ) – The company announced results from its 2025 diamond drilling program at the Perestroika Prospect in Quebec, completing twelve holes for 5,004 meters with results including 18.40 meters at 1.28 grams per tonne gold and expanding the mineralized footprint to the southeast, northwest and south of previous drill holes. The Numbers Behind the Rush The global gold mining market exceeded $213.54 billion in 2025. Projections show it reaching $304.14 billion by 2035. That's a 3.6% compound annual growth rate driven by sustained demand and constrained supply. Exploration spending is flowing into regions with proven geology. North America accounts for approximately 46% of global gold mining activity. Canada alone hosts multiple world-class mining districts where infrastructure is already in place. The gap between production and demand continues widening. While central banks and investors accumulate gold at record rates, mine production increased just 1.5% from 2023 to 2024. That's essentially flat. Finding and developing new deposits takes years. Exploration companies working today are positioning for production windows three to five years out. The lead time from discovery to production creates opportunity. High-grade deposits are becoming the primary focus. These projects offer higher returns per ton of ore processed. Better economics at any gold price. Lower processing costs per ounce recovered. Companies systematically exploring in historically productive districts benefit from existing geological understanding. The rock formations are mapped. The mineralization styles are documented. Past production provides proof of concept. Technology is accelerating discovery rates. Advanced drilling techniques allow explorers to test targets faster and more accurately. Satellite imagery identifies alteration zones from space. Artificial intelligence helps identify drilling targets more efficiently than traditional methods. The cost of missing a discovery keeps rising. Easily accessible deposits near surface are increasingly scarce. The next generation of discoveries will come from systematic exploration at depth in proven districts. Investment dollars are following the fundamentals. Mining project spending exceeded $406 billion globally in 2025 across 5,400 projects. Gold and silver projects represent $59.8 billion of that total. The Systematic Advantage Gold at $4,120 per ounce changes project economics fundamentally. Deposits that weren't economic at $2,000 gold suddenly justify development capital. Profit margins expand dramatically at these price levels. A company producing gold at $1,500 per ounce now captures $2,620 per ounce in gross margin. That's a 175% return on direct costs before considering capital expenditures. The companies advancing systematic exploration today are positioning themselves for tomorrow's production. They're not gambling on unproven geology in frontier regions. They're methodically testing known gold districts where past miners validated the system. District-scale land positions matter. Explorers controlling large property packages in historic gold camps can follow mineralization across multiple targets. One discovery often leads to others nearby. Infrastructure access reduces development risk. Projects located near existing roads, power and processing facilities face lower capital requirements. Permitting timelines compress when baseline environmental data already exists. One company pursuing this exact strategy is methodically advancing projects across two continents. The approach focuses on historically productive gold districts in Brazil and Canada where past production provides geological validation. Systematic drilling programs are testing multiple targets across district-scale land positions. Click here to discover how this emerging explorer is unlocking value through systematic exploration in the Juruena Gold Province and Cassiar district.
Gold Above $4,100: The Hidden Race Reshaping Exploration November 12, 2025 - Baystreet.ca Gold is hovering above $4,100 per ounce today. That's not just another milestone. Central banks purchased 1,045 tonnes in 2024, marking the third consecutive year above 1,000 tonnes. This represents unprecedented institutional demand for physical gold. The People's Bank of China alone has been buying for 11 consecutive months. Meanwhile, mine production remains flat at roughly 3,644 tonnes annually. Supply can't keep pace with demand. The gap is widening. Every major central bank from Poland to Singapore is adding gold reserves. They're diversifying away from dollar-denominated assets amid geopolitical uncertainty. That structural imbalance is creating opportunities for exploration companies advancing projects in historically productive districts across North America. These aren't speculative plays in unproven ground. They're systematic exploration programs in regions where past production has already validated the geology. One emerging explorer is systematically advancing assets in two continents where historic production spans decades. Click here to discover how this company is unlocking value in Brazil's Juruena Gold Province and British Columbia's Cassiar district. Five Companies Advancing Gold Exploration Amex Exploration Inc. (TSXV: AMX) (OTCQX: AMXEF) – The company submitted a ministerial authorization request for an underground bulk sampling program at its Perron gold project in Quebec, targeting the Champagne and Denise zones at approximately 230 meters depth with expected commencement in Q1 2026. Centerra Gold Inc. (TSX: CG) (NYSE: CGAU) – The company filed a technical report for its Mount Milligan Mine in British Columbia supporting a 10-year mine life extension to 2045 with average annual production of approximately 150,000 ounces of gold and 69 million pounds of copper from 2026 to 2042. Revival Gold Inc. (TSXV: RVG) (OTCQX: RVLGF) – The company mobilized a fourth drill rig to its Beartrack-Arnett Gold Project in Idaho with drilling commencing October 12th on a planned 3,900-meter core program testing high-grade underground potential at the Sharkey target area. Visible Gold Mines Inc. (TSXV: VGD) – The company provided a corporate update outlining 2025 exploration plans including prospecting and sampling programs at its Horsefly project located 19 kilometers west of Iamgold's Nelligan project in the Chapais-Chibougamau area of Quebec. Val-d'Or Mining Corporation (TSXV: VZZ) – The company announced results from its 2025 diamond drilling program at the Perestroika Prospect in Quebec, completing twelve holes for 5,004 meters with results including 18.40 meters at 1.28 grams per tonne gold and expanding the mineralized footprint to the southeast, northwest and south of previous drill holes. The Numbers Behind the Rush The global gold mining market exceeded $213.54 billion in 2025. Projections show it reaching $304.14 billion by 2035. That's a 3.6% compound annual growth rate driven by sustained demand and constrained supply. Exploration spending is flowing into regions with proven geology. North America accounts for approximately 46% of global gold mining activity. Canada alone hosts multiple world-class mining districts where infrastructure is already in place. The gap between production and demand continues widening. While central banks and investors accumulate gold at record rates, mine production increased just 1.5% from 2023 to 2024. That's essentially flat. Finding and developing new deposits takes years. Exploration companies working today are positioning for production windows three to five years out. The lead time from discovery to production creates opportunity. High-grade deposits are becoming the primary focus. These projects offer higher returns per ton of ore processed. Better economics at any gold price. Lower processing costs per ounce recovered. Companies systematically exploring in historically productive districts benefit from existing geological understanding. The rock formations are mapped. The mineralization styles are documented. Past production provides proof of concept. Technology is accelerating discovery rates. Advanced drilling techniques allow explorers to test targets faster and more accurately. Satellite imagery identifies alteration zones from space. Artificial intelligence helps identify drilling targets more efficiently than traditional methods. The cost of missing a discovery keeps rising. Easily accessible deposits near surface are increasingly scarce. The next generation of discoveries will come from systematic exploration at depth in proven districts. Investment dollars are following the fundamentals. Mining project spending exceeded $406 billion globally in 2025 across 5,400 projects. Gold and silver projects represent $59.8 billion of that total. The Systematic Advantage Gold at $4,120 per ounce changes project economics fundamentally. Deposits that weren't economic at $2,000 gold suddenly justify development capital. Profit margins expand dramatically at these price levels. A company producing gold at $1,500 per ounce now captures $2,620 per ounce in gross margin. That's a 175% return on direct costs before considering capital expenditures. The companies advancing systematic exploration today are positioning themselves for tomorrow's production. They're not gambling on unproven geology in frontier regions. They're methodically testing known gold districts where past miners validated the system. District-scale land positions matter. Explorers controlling large property packages in historic gold camps can follow mineralization across multiple targets. One discovery often leads to others nearby. Infrastructure access reduces development risk. Projects located near existing roads, power and processing facilities face lower capital requirements. Permitting timelines compress when baseline environmental data already exists. One company pursuing this exact strategy is methodically advancing projects across two continents. The approach focuses on historically productive gold districts in Brazil and Canada where past production provides geological validation. Systematic drilling programs are testing multiple targets across district-scale land positions. Click here to discover how this emerging explorer is unlocking value through systematic exploration in the Juruena Gold Province and Cassiar district.