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The Race for Resources: $4,300 Gold Triggers Aggressive Global Drilling Frenzy
The Race for Resources: $4,300 Gold Triggers Aggressive Global Drilling Frenzy Canada New...
About this update from Omai Gold Mines Corp.
[{"type":"text","content":"\n\n\nThe Race for Resources: $4,300 Gold Triggers Aggressive Global Drilling Frenzy\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nIssued on behalf of GoldHaven Resources Corp.\nUSANewsGroup.com News Commentary\nVANCOUVER, BC, Dec. 17, 2025 /CNW/ -- For the second time this year, gold trading above $4,300 per ounce has created record profit margins[1] that are fueling an aggressive drilling boom across the mining sector, with companies rapidly expanding exploration programs to extend mine life and unlock high-grade discoveries at depth. From inaugural diamond drilling campaigns in prolific gold provinces to the largest exploration programs since 2012, gold companies are executing on multiple fronts to capitalize on sustained pricing strength. Positioned to benefit from this operational momentum are GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF), Omai Gold Mines Corp. (TSXV: OMG) (OTCQB: OMGGF), Fortuna Mining Corp. (NYSE: FSM) (TSXL FVI), Coeur Mining, Inc. (NYSE: CDE), and Hecla Mining Company (NYSE: HL).\n\n\n\n\n\n\n\nMorgan Stanley revised its 2026 gold forecast upward to $4,400 per ounce, citing strong demand from central banks, ETFs, and retail investors, while regulatory hurdles continue to limit global supply expansion[2]. With gold above $4,200 and all-in costs around $1,600, the record margin environment is creating advantageous conditions for systematic exploration ahead of an anticipated supply deficit, positioning companies with active drilling programs and advancing projects to capture expanding profit margins as institutional forecasts point toward $4,500 to $5,000 gold in 2026[3].\nGoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) has completed its inaugural diamond drilling program at the Copeçal Gold Project in Brazil, marking a significant milestone as the first diamond drilling campaign ever conducted on the 3,681-hectare property. The company reported that nine holes totaling 1,085.7 meters successfully tested two priority gold targets, with potential gold-bearing minerals intersected at the East Target and ...