Less than a three-hour drive from Vancouver, one of the most exciting gold discoveries in the mining exploration sector is taking shape.

Gold broke below the lowest closing price of September and it just verified this breakdown by closing below it for three consecutive trading days.

Gold Fields on Friday raised South Deep’s output targets for this year and next as the company implements the mine’s fifth turnaround plan since its acquisition in 2006.

The company issued 1.75 million flow-through shares at a price of $8.35 per share. The deal is expected to close on or about Nov. 17.

Aurion believes the prospect at Risti to be geologically similar to several gold-rich orogenic gold belts around the world.

Over the weekend, the company started transporting people by helicopter from the Boungou mine site.

After a challenging second quarter at its El Castillo complex in Mexico, Argonaut Gold will hedge part of the operation’s remaining life-of-mine production.

The country’s mining agency carried out 418 anti-illegal mining campaigns between January and October.