With Gold Near $4,400, This Sub-$0.25 Play Carries Solid Resource Estimates

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Tuesday, September 8, 2026

With Gold Near $4,400, This Sub-$0.25 Play Carries Solid Resource Estimates

Gold is trading around $4,400 an ounce, but plenty of junior miners are still carrying resource estimates built at prices from another era. The metal has been revalued while the ounces in the ground have not necessarily followed. One of the cleaner examples sits in central Brazil. It has two NI 43-101 mineral resources on the same district-scale property, one estimated using US$1,500 gold and the other using US$2,780. Drilling is now finding additional mineralization outside the newer resource pit, and the stock trades for less than a quarter.

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