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Argentine Epithermal Discovery Story Lines Up Drill As Gold Supply Crisis Deepens
Argentine Epithermal Discovery Story Lines Up Drill As Gold Supply Crisis Deepens Canada ...
About this update from Patagonia Gold Corp
[{"type":"text","content":"\n\n\nArgentine Epithermal Discovery Story Lines Up Drill As Gold Supply Crisis Deepens\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\n\nCanada NewsWire\n\n\nIssued on behalf of Golden Goose Resources Corp.Companies mentioned: Golden Goose Resources Corp. (CSE: GGR) (OTCQB: GGRFF), Patagonia Gold Corp. (TSXV: PGDC), Targa Exploration Corp. (CSE: TEX) (OTCQB: TRGEF), Hycroft Mining Holding Corporation (Nasdaq: HYMC), Omai Gold Mines Corp. (TSXV: OMG)VANCOUVER, BC, May 20, 2026 /CNW/ -- Equity Insider News Commentary — The gold sector's central problem in 2026 is no longer price. The price has been doing the heavy lifting for two years. The problem is what is 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.[1] The world's biggest producers are openly forecasting production declines for 2026 because they are depleting reserves faster than they can replace them.[1] Forecasters at Goldman Sachs and other major banks have pushed year-end 2026 gold targets into the US$5,400 to US$6,300 per ounce range.[1]\n\n\n\n\n\n\n\nKey TakeawaysGolden Goose Resources (CSE: GGR) (OTCQB: GGRFF) completed Phase 1 mapping and channel sampling at Gran Esperanza, Río Negro, Argentina on April 22, 2026 — identifying approximately 23.6 kilometres of vein structures with observed mineralization across the western sector.341 channel samples were collected from 265 channels cut perpendicular to vein trends at ~50-metre spacings; 12 additional rock chip samples from newly discovered veins in the eastern sector indicate a separate plutonic-complex setting that will require follow-up. Assay results are pending for all samples.Gran Esperanza covers ~44,400 hectares in the Los Menucos District, North Patagonian Massif, sits two kilometres from a paved highway, and is adjacent to a gold project being drilled by Southern Copper and near the Calcatreu Project currently under develop...