Business
Twenty-Three Kilometres of Veins, Three Continents of Optionality: An Argentine Discovery Story Lines Up the Drill
Issued on behalf of Golden Goose Resources Corp. Phase 1 fieldwork at Gran Esperanza maps 23....
About this update from Orla Mining Ltd.
[{"type":"text","content":"Twenty-Three Kilometres of Veins, Three Continents of Optionality: An Argentine Discovery Story Lines Up the Drill\nIssued on behalf of Golden Goose Resources Corp. Phase 1 fieldwork at Gran Esperanza maps 23.6 km of mineralized vein structures, with assays pending and drill program ahead in a discovery-deficit gold market VANCOUVER, British Columbia, May 14, 2026 (GLOBE NEWSWIRE) -- USA News Group News Commentary — The gold sector’s central problem in 2026 is not price. The price has been doing the heavy lifting for two years. The problem is what’s left in the ground that no one has yet found. Grassroots exploration has fallen to roughly 21% of the global exploration budget — a multi-decade low — and the average new gold discovery now takes more than a decade to reach commercial production. The world’s biggest producers are openly forecasting production declines for 2026 because they are depleting reserves faster than they can replace them. Forecasters at Goldman Sachs and other major banks have pushed year-end gold targets into the $5,400 to $6,300 per ounce range. Central banks bought 244 tonnes in Q1 2026 alone — the strongest opening quarter against the five-year average — and the World Gold Council projects roughly 850 tonnes of sovereign buying for the full year.[1][2] That backdrop is the explanation for why early-stage discovery work — the kind happening on a 44,400-hectare property in Argentina’s Río Negro Province — has begun to draw outsized attention. On April 22, 2026, Golden Goose Resources Corp. (CSE: GGR) (OTCQB: GGRFF) announced the completion of geological mapping and channel sampling at its Gran Esperanza Project, a gold-silver property in the Los Menucos District of Río Negro.[3] The Phase 1 field campaign — designed to define the epithermal vein system and refine priority exploration targets — produced a result that significantly upgraded the technical foundation under the project: approximately 23.6 kilometres of vein structures with observed mineralization were mapped and sampled across the western sector, with 341 channel samples collected from 265 channels cut perpendicularly to the vein trends at approximately 50-metre spacings. Twelve additional rock chip samples were collected from newly discover...