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Wesdome reports high-grade gold drilling results at Eagle River mine, expanding resource potential.

Market News
11 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Wesdome Gold Mines announced strong drilling results at its Eagle River mine in Ontario, confirming extensions and continuity of multiple high-grade gold zones including 6 Central, 800, Falcon 311, 711, 700, and 720 Zones. These results validate the company's targeting strategy and suggest significant near-term resource growth and conversion opportunities. Ongoing drilling aims to further expand these zones, with an updated technical report expected mid-2026. The findings support potential low-cost ore additions near existing infrastructure, enhancing the mine's value and production outlook.

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Arthur Hayes buys $3.7M in Ethereum after selling 6,000 ETH at a loss weeks earlier.

Arthur Hayes buys $3.7M in Ethereum after selling 6,000 ETH at a loss weeks earlier.

Arthur Hayes reversed his crypto strategy by purchasing over $3.7 million worth of Ethereum after selling 6,000 ETH at a loss of about $606,000 just weeks prior. This move follows his pattern of bold crypto trades and quick exits, which have drawn cr...

Market News
Bullish
4 hours ago
Dormant 2017 bitcoin wallet moves $383M worth of BTC to new address, no sale yet.

Dormant 2017 bitcoin wallet moves $383M worth of BTC to new address, no sale yet.

A bitcoin wallet that had been inactive since 2017 moved its entire holding of 5,908 BTC, now worth about $383 million, to a new, unidentified address. The coins were originally bought near bitcoin's 2017 peak at around $16,000 each and have gained r...

Market News
Neutral
4 hours ago
Zcash nears $600 as strong bullish momentum drives price higher.

Zcash nears $600 as strong bullish momentum drives price higher.

Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...

Technical Signals
Bullish
4 hours ago
US to impose 25% tariffs on most Brazilian imports starting July 22 amid trade disputes.

US to impose 25% tariffs on most Brazilian imports starting July 22 amid trade disputes.

The US will impose a 25% tariff on most imports from Brazil starting July 22, following a yearlong investigation into alleged unfair trade practices by Brazil. The tariffs target issues such as Brazil's demands on US tech firms to remove political co...

Market News
Bearish
4 hours ago
Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum nears $2,217 as it breaks key resistance and shows strong bullish momentum.

Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...

Technical Signals
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