The drillhole returned 21.1 metres of 6.89 g/t gold, which includes higher-grade intercepts, such as 2 metres of 4.81 g/t gold, and 11.8 metres of 11.32 g/t gold.
In the third quarter, 17 oil producers sought bankruptcy protection, fueling a 21% jump in such filings in the first nine months of 2020 from a year earlier.
Chairman Ken MacKenzie confirmed information after reports that China had put a freeze on accepting Australian coal amid trade tensions between the two countries.