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1911 Gold discovers new high-grade gold zone Baker near True North mine, expanding resource potential.

Market News
08 Aug 2026
Proactive Investors
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Bullish
1911 Gold discovers new high-grade gold zone Baker near True North mine, expanding resource potential.

1911 Gold Corp reported successful results from 30 underground drill holes at its True North mine, revealing a new mineralized zone called Baker. This discovery, located 150 meters from the Shore target, adds a fourth gold-bearing corridor to the area and showed promising grades, including 36 grams per tonne over one meter. The company plans extensive follow-up drilling over the next 18-24 months to expand resources and integrate new zones into mine plans, leveraging existing infrastructure for efficient access. CEO Shaun Heinrichs highlighted Baker as a first-pass discovery with significant potential for further exploration.

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Franklin FTSE Japan Hedged ETF rated buy for diversified Japan exposure and yen risk hedge

Franklin FTSE Japan Hedged ETF rated buy for diversified Japan exposure and yen risk hedge

The Franklin FTSE Japan Hedged ETF (FLJH) is recommended as a buy due to its diversified holdings across over 400 large- and mid-cap Japanese stocks and its effective hedging against yen currency risk. It offers a weighted average upside potential of...

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Whitehat hackers move 52 BTC from Coldcard hack to a recovery trust for victim fund return

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Microchip posts strong revenue and margin growth, led by Data Center surge and robust product demand.

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Microchip reported a much stronger-than-expected recovery in revenue and profit margins, driven by broad growth across end markets and a nearly 98% year-over-year surge in Data Center revenue, now the main growth driver. The company’s gross margin fo...

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Gifting Bitcoin to a spouse in Germany triggers no gift or income tax up to €500,000 allowance.

Gifting Bitcoin to a spouse in Germany triggers no gift or income tax up to €500,000 allowance.

In Germany, gifting Bitcoin to a spouse generally incurs no gift tax due to a €500,000 allowance and no income tax since the transfer is not a sale. The spouse inherits the original purchase price and acquisition date, which affects future taxable ga...

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Ethena's USDe token briefly dropped to $0.65 on Binance due to liquidity issues, then recovered to its $1 peg.

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Ethena's synthetic dollar token USDe experienced a sharp price drop to $0.65 on Binance during a market sell-off, while prices on decentralized exchanges like Curve and Uniswap remained stable near $1. The crash was caused by Binance's thin orderbook...

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