VANCOUVER, BC, March 25, 2024 /CNW/ – P2 Gold Inc. (“P2” or the “Company”) (TSXV: PGLD) (OTCQB: PGLDF) provides an update on its wholly-owned gold-copper Gabbs Project located on the Walker-Lane Trend in Nevada and confirms the terms of the finder’s fee for its convertible debenture unit offering
Gabbs Project Preliminary Economic Assessment
The Company is re-evaluating the preliminary economic assessment (“PEA”) on the Gabbs Project, with a new PEA expected to be completed in the second quarter of this year. In re-evaluating the PEA, the Company is assessing the benefits of incorporating the lower grade mineralized material above the cutoff grade for heap leach and mill mineralized material that was not included in the September 2023 PEA. The 2024 PEA is expected to comprise a heap leach operation and a mill operation starting up after the initial heap leach capital is repaid, with the heap leach and mill operating in tandem for the remainder of the mine life.
“Now that the outstanding project debt has been settled, we can focus on unlocking Gabbs’ potential by continuing to advance the project through feasibility,” commented Joe Ovsenek, President and CEO of P2. “Existing infrastructure at Gabbs includes paved access, power on the property and historically permitted water wells. The known zones of gold-copper mineralization at Gabbs outcrop at surface and remain open in multiple directions, and the property remains highly prospective for the discovery of new zones of mineralization. We look forward to announcing the results of the 2024 PEA.”
Convertible Debenture Unit Offering
On March 14, 2024, the Company closed the second and final tranche of a non-brokered private placement of convertible debenture units (the “Units”) at $1,000 per Unit, for gross proceeds of $1,665,000 (the “Offering”), previously announced on February 13, 2024 and March 5, 2024. In connection with the Offering, the Company paid finder’s fees of an aggregate of $71,040 and issued an aggregate of 916,875 warrants (the “Finder’s Warrants”) to an arm’s length finder, representing 6% of the proceeds raised from subscriptions by, and 6% of the Units issued to, certain placees. Each Finder’s Warrant entitles the holder thereof to acquire one common share in the capital of the Company (a “Share”) at an exercise price of $0.07, for a period of 24 months (the “Expiry Time”), provided that, if after the later of four months from the date of issue and conversion, the closing price of the Shares on the Exchange is equal to or greater than $0.30 for a period of 10 consecutive trading days at any time prior to the Expiry Time, the Company will have the right to accelerate the Expiry Time by giving notice to the holder of the Finder’s Warrants by news release or other form of notice permitted by the certificate representing the Finder’s Warrants that the Finder’s Warrants will expire at 4:30 p.m. (Vancouver time) on a date that is not less than 15 days from the date notice is given.
Qualified person
Ken McNaughton, M.A.Sc., P.Eng., Chief Exploration Officer, P2 Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Gabbs Project. Mr. McNaughton has reviewed, verified, and approved the scientific and technical information in this news release.
About P2 Gold Inc.
P2 is a mineral exploration and development company focused on advancing precious metals and copper discoveries and acquisitions in the western United States and British Columbia.
Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
This press release contains “forward-looking information” within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. “Forward-looking information” includes statements that use forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “believe”, “continue”, “potential” or the negative thereof or other variations thereof or comparable terminology. Such forward-looking information includes, without limitation, information with respect to the Company’s expectations, strategies and plans for the Gabbs Project including the Company’s planned expenditures and exploration activities.
Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made. Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information, including without limitation, risks associated with mineral exploration, including the risk that actual results and timing of exploration and development will be different from those expected by management. See “Risk Factors” in the Company’s annual information form dated March 16, 2023 filed on SEDAR+ at www.sedarplus.ca for a discussion of these risks.
The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information.
Except as required by law, the Company does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.
Gold prices edged higher on Monday as renewed bets that the U.S. Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion’s appeal.
Spot gold was up 0.1% at $2,166.39 per ounce, as of 0648 GMT. U.S. gold futures climbed 0.4% to $2,167.70 per ounce.
The dollar was down 0.1% against its rivals, making gold less expensive for other currency holders. “The environment is still looking quite healthy for the precious metal markets,” said Tim Waterer, chief market analyst at KCM Trade.
“Markets are still looking forward to impending rate cuts from the Fed. Looks like June is being the most probable time when they are sort of expected to pull the trigger on that first rate cut.”
Gold prices rose to an all-time high on Thursday after Fed policymakers indicated they still expected to reduce interest rates by three-quarters of a percentage point by the end of 2024 despite recent high inflation readings. Lower interest rates reduce the opportunity cost of holding bullion.
Traders are now pricing in a 74% probability that the Fed will begin cutting rates in June, according to the CME Group’s FedWatch Tool.
Investors are now awaiting U.S. core personal consumption expenditure (PCE) price index data due on Friday to see if that could alter the Fed’s projections of three rate cuts for this year.
The index was seen rising 0.3% in February, which would keep the annual pace at 2.8%. Many markets are closed on Friday for Good Friday when the PCE data is due for release, so the full reaction is expected to be seen next week.
Spot gold may break support at $2,161 per ounce, and fall into a $2,147-$2,152 range, according to Reuters’ technical analyst Wang Tao.
Spot silver eased 0.1% to $24.62 per ounce, platinum rose 0.2% to $896.23 and palladium climbed 0.8% to $993.37.
Global Gold prices increased on Monday due to renewed expectations that the U.S. Federal Reserve might commence interest rate cuts in June, coupled with a weaker dollar, which boosted the appeal of bullion.
Gold Price Today: Check Gold Rate In Mumbai, Delhi And Other Indian Cities (image source: Canva)
Gold Price Today: Global Gold prices increased on Monday due to renewed expectations that the U.S. Federal Reserve might commence interest rate cuts in June, coupled with a weaker dollar, which boosted the appeal of bullion.
As of 03:50 GMT, spot gold rose by 0.4 per cent to $2,172.09 per ounce, while U.S. gold futures increased by 0.6 per cent to $2,173.40 per ounce, as per Reuters report.
As the global gold price increased amid US Federal Bank interest rate cuts speculations. Check gold prices in various Indian cities.
Gold Price And Silver Price Today: Yellow metal price in India remained strong and saw a slight increase on Monday, March 25, 2024. On the multi-commodity exchange (MCX), gold futures maturing on April 05, 2024, traded at Rs 68,870 per 10 grams for 24 carat (K) up by 0.02 per cent as of 11:16 am. While the Silver price today trading at Rs 78,810 per 1 kilogram up by 0.03 per cent.
Gold Price Indian Cities
Indian Cities
18-Carat Gold Price
22-Carat Gold Price
24-Carat Gold Price
Gold Price In Delhi
Rs 50, 250
Rs 61,400
Rs 66,970
Gold Price In Mumbai
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Kolkata
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Bangalore
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Hyderabad
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Kochi
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Pune
Rs 50,110
Rs 61,250
Rs 66,820
Gold Price In Ahmedabad
Rs 50,150
Rs 61,300
Rs 66,870
Gold Price In Chennai
Rs 50,830
Rs 62,050
Rs 67,690
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
A person arranges gold jewelry at a shop in Ho Chi Minh City. Photo by VnExpress/Quynh Tran
Saigon Jewelry Company gold bar price fell 0.39% to VND80 million ($3,230.8) per tael Monday morning.
Gold ring price rose 0.28% to VND69.3 million per tael. A tael equals 37.5 grams or 1.2 ounces.
Globally, gold prices rose on Monday as renewed bets that the U.S. Federal Reserve would begin cutting interest rates in June and a softer dollar lifted bullion’s appeal, Reuters reported.
Spot gold was up 0.4% at $2,172.09 per ounce. U.S. gold futures climbed 0.6% to $2,173.40 per ounce.
The dollar was down 0.1% against its rivals, making gold less expensive for other currency holders.
“The environment is still looking quite healthy for the precious metal markets,” said Tim Waterer, chief market analyst at KCM Trade. “Markets are still looking forward to impending rate cuts from the Fed. Looks like June is being the most probable time when they are sort of expected to pull the trigger on that first rate cut.”
Lower interest rates reduce the opportunity cost of holding bullion.
Canada’s Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 on Sunday to win gold at the world women’s curling championship.
Homan made a split to score three points in the ninth end. The Swiss didn’t have a shot for a game-tying deuce in the 10th end and conceded before throwing their final stone.
The win ended Canada’s six-year title drought at this event. It was Homan’s first world crown since taking gold at the 2017 playdowns in Beijing.
Jennifer Jones was the last Canadian to win world gold, finishing first in 2018 in North Bay, Ont.
Homan and her team of third Tracy Fleury, second Emma Miskew and lead Sarah Wilkes picked up where they left off after running the table at the national championship last month.
Canada was 11-1 in round-robin play at Centre 200 and beat South Korea’s Eunji Gim in the semifinal.
That set up the top-ranked Ottawa-based rink for a showdown with the second-ranked Tirinzoni, who had won four straight world titles.
Homan’s side entered with confidence after winning all four head-to-head meetings against Tirinzoni this season. The Canadian also ended Tirinzoni’s 42-game win streak at this competition earlier in the week.
As first seed, Canada started with hammer but the Swiss forced Homan to draw for one in the opening end.
The host team made some small mistakes in the early going.
Miskew hit and rolled out in the second end and Homan’s freeze attempt was slightly off. That allowed Swiss fourth Alina Paetz to make a soft hit for two.
Canada was forced again in the third end and Homan’s final stone undercurled in the fourth to set up a Swiss hit for two.
Paetz was heavy on back-to-back throws in the fifth end to allow Canada to pull even with a pair of its own.
Two blanks preceded an eighth end with rocks in play. Fleury made a hit that rolled frozen on the button and Tirinzoni couldn’t blast out the Canadian stones.
Homan made a hit to sit four and Paetz was forced to draw for one.
In the critical ninth end, Homan made two great shots that turned the game.
Her rocket double-takeout left Canada sitting three. Paetz made a double-takeout that left Canada as shot stone with two Swiss stones on the back of the 12-foot ring.
Canada’s Rachel Homan, left, celebrates with teammates after winning the 2024 World Women’s Curling Championship. (Frank Gunn/The Canadian Press)
Homan tapped her own rock near the top of the house and both stones rolled in to score three, thrilling the near-sellout crowd of 4,373.
The win improved Homan’s season record to 62-6. She improved to 24-8 in career head-to-head matchups against Tirinzoni.
Earlier, Gim defeated Italy’s Stefania Constantini 6-3 to win the bronze medal.
Homan and Miskew were named competition all-stars at their respective positions. Sweden’s Sara McManus took the nod at third and Swiss lead Carole Howald was named top lead.
Overall attendance at the nine-day event was 45,602. Uijeongbu, South Korea will host next year’s world women’s championship.
The world men’s curling championship begins Saturday in Schaffhausen, Switzerland. Brad Gushue of St. John’s, N.L., will skip the Canadian team.
This report by The Canadian Press was first published March 24, 2024
In this article, we discuss the 13 most profitable gold stocks to invest in. To skip the detailed analysis of the industry, go directly to the 5 Most Profitable Gold Stocks To Invest In.
The close of 2023 saw a surge in gold prices driven by the widespread belief that the precious metal serves as a hedge against inflation, prompting investors to seek refuge amid economic uncertainty. That same year, gold prices experienced a notable surge of over 13%, coinciding with a 3% increase in demand for the yellow metal compared to the previous year, reaching 4,899 metric tons. This data, sourced from the World Gold Council, encompasses purchases made by central banks as well as demand from various sectors including industries, jewelry makers, and investors. The SVB crash and conflicts in the Middle East have further heightened demand for the precious metal throughout the year, consequently leading gold stocks to achieve significant gains. According to a Bloomberg report from earlier in 2023, data from Invesco indicated a notable trend of global sovereign wealth funds and investors increasing their gold holdings. The insights from the report were based on a survey encompassing 85 sovereign wealth funds and 57 central banks, managing assets totaling approximately $21 trillion.
Exchange-traded funds (ETFs) that mirror the price of gold also recorded strong performances. The SPDR Gold Shares ETF (NYSE:GLD) saw a gain of 6.06% year-to-date, while the iShares Gold Trust ETF (NYSE:IAU) climbed 4.6%. Many analysts describe the investment environment supporting gold’s recent performance as a Goldilocks scenario, characterized by “just right” conditions. Bill Baruch, president of commodities brokerage firm Blue Line Futures, suggesting that gold’s movement signals the beginning of a “multi-year bull market in metals.” This statement is supported by VanEck’s report that illustrated the direct correlation between gold prices and gold stocks.
“Gold stocks are supposed to outperform the metal when gold’s price is rising. Their leverage to gold justifies outperformance. For any given move in the price of gold, operating cash flow generated by these companies increases (or decreases) by a much greater percentage. Take Alamos (8.06% of Fund net assets), for example. The company estimates that a 5% increase in the price of gold (about a+$100/oz move), would translate into an increase of almost 30% in their free cash flow in 2024. “
With that in mind, today we will explore some of the most profitable gold stocks that investors should take note of, with prominent choices including Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM).
13 Most Profitable Gold Stocks To Invest In
A golden nugget illuminated under direct lighting, hinting at the value of precious metals.
Our Methodology
To make our list of the most profitable gold stocks to invest in, we narrowed down a list of gold companies that have operations involving the precious metal and ranked them according to their lates trailing twelve-month net income. For these gold stocks, we have also mentioned hedge fund sentiment. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). That’s why we pay very close attention to this often-ignored indicator.
B2Gold Corp. (NYSE:BTG) is a Canadian company focused on the exploration and development of gold resources. Operating across several countries, including Colombia, Mali, Namibia, the Philippines, Uzbekistan, Finland, and Canada, the company is actively involved in exploration, development, and production activities in these regions.
A total of 14 hedge funds tracked by Insider Monkey reported having stakes in B2Gold Corp (NYSE:BTG). One of the biggest hedge fund stakeholders of B2Gold Corp (NYSE:BTG) was John Overdeck and David Siegel’s Two Sigma Advisors which owns a $24.69 million stake in B2Gold Corp (NYSE:BTG).
Much like Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM), B2Gold Corp. (NYSE:BTG) ranks as one of the most profitable gold stocks to invest in.
Equinox Gold Corp. (NYSE:EQX) is a gold producer concentrated on growth that operates solely in the Americas, with seven operational gold mines situated in the U.S., Mexico, and Brazil. Additionally, the company is presently advancing through the commissioning phase at its Greenstone Project near Geraldton, Ontario.
Q4 2023 emerged as Equinox Gold Corp. (NYSE:EQX)’s most robust quarter of the year, during which it generated 155,000 ounces of gold. This performance allowed the company to meet its guidance, resulting in a total production of 564,500 ounces for the entirety of 2023. Equinox Gold Corp. (NYSE:EQX) concluded the year with approximately $192 million in cash and equivalents.
During Q3 2023, 10 out of the 933 hedge funds part of Insider Monkey’s database had held a stake in Equinox Gold Corp. (NYSE:EQX). Out of these, the firm’s largest shareholder is Eric Sportt’s Sprott Asset Management since it owns $40.39 million worth of shares.
Based in Vancouver, Sandstorm Gold Ltd. (NYSE:SAND) is a gold royalty company that extends funding to mining firms in exchange for royalties, predominantly in the form of net smelter returns and streams. Since its establishment in 2008, Sandstorm Gold Ltd. (NYSE:SAND) has amassed an impressive portfolio encompassing over 250 royalties on mines worldwide.
In its latest earnings report for the fourth quarter, Sandstorm Gold Ltd. (NYSE:SAND) showcased impressive results, surpassing expectations in both revenue and earnings per share. The company reported revenues of $44.5 million for the quarter, marking a 15.9% increase year-over-year. Additionally, its net income amounted to $24.5 million, or $0.08 per share, in contrast to a net loss of $2.1 million, or $0.01 per share, in the same period the previous year.
12 out of the 933 hedge funds profiled by Insider Monkey had held a stake in the company. Sandstorm Gold Ltd. (NYSE:SAND)’s biggest hedge fund investor is Murray Stahl’s Horizon Asset Management as it owns 4.8 million shares that are worth $24.18 million.
IAMGOLD Corporation (NYSE:IAG) is a Canadian company headquartered in Toronto, owning and operating gold mines in Burkina Faso, Suriname, and Canada. Established in 1990, the company has grown to become a significant player in the global gold mining industry.
IAMGOLD Corporation (NYSE:IAG) recently finalized its acquisition of Vanstar Mining Resources Inc., marking the completion of the consolidation of its ownership of the Nelligan Gold Project in Quebec. Following this transaction, IAMGOLD Corporation (NYSE:IAG) now possesses a 100% interest in the Project, located 60 kilometers southwest of Chibougamau, Quebec. Additionally, the company holds a 1% Net Smelter Return (NSR) royalty on selected claims of the project, along with other early-stage exploration properties in Northern Quebec.
During last year’s December quarter, 16 out of the 910 hedge funds tracked by Insider Monkey owned IAMGOLD Corporation (NYSE:IAG)’s shares. The firm’s largest investor in our database is John Overdeck And David Siegel’s Two Sigma Advisors as it owns $12.4 million worth of shares.
Alamos Gold Inc. (NYSE:AGI) is an intermediate gold producer headquartered in Canada, renowned for its diversified production from three operational mines in North America and a robust portfolio of growth projects. These mines include the Young-Davidson and Island Gold mines in northern Ontario, Canada, as well as the Mulatos mine in Sonora State, Mexico.
In January of this year, Alamos Gold Inc. (NYSE:AGI) finalized an agreement to acquire all issued and outstanding shares of Orford Mining, further solidifying its position in several mining projects located in Quebec, Canada. This strategic move will allow Alamos Gold Inc. (NYSE:AGI) to enrich its portfolio by integrating the Qiqavik Gold Project and other exploration-stage assets, such as Nunavik Lithium, the Joutel Properties, and West Raglan.
A total of 33 hedge funds out of the 933 funds in Insider Monkey’s database of hedge funds had stakes in Alamos Gold Inc (NYSE:AGI). The most notable stake in Alamos Gold Inc (NYSE:AGI) is owned by Jean-Marie Eveillard’s First Eagle Investment Management which owns an $119.2 million stake in Alamos Gold Inc (NYSE:AGI).
Royal Gold, Inc. (NASDAQ:RGLD) is recognized as a prominent global entity in the precious metals streaming and royalty sector. Specializing in the acquisition and management of precious metal streams, royalties, and similar production-based interests, the company has established a strong foothold in the industry.
On February 15, National Bank Financial analyst Sameer Keswani upgraded Royal Gold, Inc. (NASDAQ:RGLD) from Sector Perform to Outperform, signaling a significant change in their evaluation of the company’s prospects within the precious metals market. This upgrade reflects Keswani’s confidence in Royal Gold, Inc. (NASDAQ:RGLD) to outperform its sector peers and provide superior returns to investors.
As of the last quarter of 2023, 23 hedge funds tracked by Insider Monkey held stakes in Royal Gold, Inc. (NASDAQ:RGLD). The largest stakeholder during this period was Jean-Marie Eveillard’s First Eagle Investment Management.
Established in 1993 and headquartered in Toronto, Ontario, Kinross Gold Corporation (NYSE:KGC) is a Canadian mining company specializing in gold and silver extraction. Currently, Kinross operates across six active gold mines and has shown robust financial performance in recent quarters.
Kinross Gold Corporation (NYSE:KGC) has recently entered into an exploration and venture option agreement with Riley Gold for the PWC gold project in Nevada, US. Under the terms of the deal, Kinross has the potential to acquire up to a 75% interest in the project, contingent upon a minimum investment of $20 million. The PWC project, situated in Lander County, covers approximately 24.7 square kilometers in the Cortez District, renowned for its gold production.
As of the end of the fourth quarter of 2023, 36 hedge funds tracked by Insider Monkey held stakes in Kinross Gold Corporation (NYSE:KGC). Notably, Israel Englander’s Millennium Management is the largest stakeholder in Kinross Gold Corporation (NYSE:KGC).
Harmony Gold Mining Company Limited (NYSE:HMY) operates and develops world-class gold assets in South Africa and Papua New Guinea (PNG), one of the world’s premier new gold-copper regions. With 69 years of experience, Harmony Gold Mining Company Limited (NYSE:HMY) currently stands as South Africa’s largest gold producer.
Earlier this February, Harmony Gold Mining Company Limited (NYSE:HMY) reported earnings for the second half of 2023, revealing a 25% increase in production profit and a tripling of earnings per share to $0.51 compared to the same period ending December 31, 2022. Bolstered by these robust earnings results and the approval to continue utilizing its Mponeng Mine, Harmony Gold Mining Company Limited (NYSE:HMY) announced an interim dividend of approximately $0.08 per share, in addition to its regular quarterly dividend of $0.08 per share.
13 out of the 933 hedge funds polled by Insider Monkey were the firm’s investors in Q4 2023. The biggest Harmony Gold Mining Company Limited (NYSE:HMY) hedge fund shareholder is David Iben’s Kopernik Global Investors as it owns 16.22 million shares that are worth $99.79 million.
Similar to Freeport-McMoRan Inc. (NYSE:FCX), Barrick Gold Corp (NYSE:GOLD), and Agnico Eagle Mines Limited (NYSE:AEM), Harmony Gold Mining Company Limited (NYSE:HMY) is one of the most profitable stocks to buy.
SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship. Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.
SYDNEY, N.S. — Canada’s gold drought is over at the world women’s curling championship.
Rachel Homan defeated Switzerland’s Silvana Tirinzoni 7-5 in today’s final at Centre 200.
Canada made a split to score three in the ninth end and the Swiss conceded in the 10th before throwing their final stone.
It was Canada’s first title at this event since Jennifer Jones won gold in 2018 in North Bay, Ont.
Homan won her first career world women’s title in 2017 in Beijing.
South Korea’s Eunji Gim beat Italy’s Stefania Constantini 6-3 earlier in the day for bronze.
This report by The Canadian Press was first published March 24, 2024.
Spirits overcome 10-point half-time deficit and take late lead but fall 57-54 in championship game
With the way things were going for the Vanier Spirits early in their SHSAA 4A girls basketball provincial gold medal game, it would have been easy to just decide it wasn’t their night and let the chips fall where they may.
Despite playing in their own gym, the Spirits just couldn’t get shots to fall in the first half and had difficulty dealing with Meadow Lake’s aggressive defence, eventually finding themselves down 27-17 at the break.
But things suddenly changed in the third quarter, and Vanier started bringing the rain.
Long-range shots started to fall, and their defence held at the other end of the court. All of a sudden they were within a pair, and with 6:50 to play, they took a 45-44 lead, the first time they were up all game.
That set the stage for a tense five minutes of basketball, as Vanier held their two-point edge until 1:12 remained when Meadow Lake’s Sienna Andersen scored her 22nd point of the game to tie things 54-54. The Spartans then got a clutch basket from Callie Timmer with 35 seconds to play, and a free throw by Deena Rediron in the final seconds finished things off.
Final score, Meadow Lake 57, Vanier 54 in one of the best girls’ basketball games of the season.
“It was incredible and we wanted it so bad,” said Andersen, who just happens to be joining the Briercrest College Clippers out in Caronport next fall. “We’ve been to Hoopla a few times and just couldn’t pull it off, so it was really exciting. Everyone really contributed today, we played well as a team and came away with it.”
Spartans coach Kendra Paramchuk pointed to a season-long ability to grind through games and find wins as a key to their gold medal success.
“It was awesome, it was such a good game,” she said. “We went into the game talking about how if everyone plays really well today with heart and grit, it was our game. Everyone took their roles seriously today, too. They were cheering each other on even when we were up by 10 and down by four. Then our seniors stepped up when we needed them and we came out as provincial champions.”
Vanier senior Kate Waldenberger had the hottest hand of all in the second half, scoring 20 of her game-high 24 points in the final 20 minutes and putting down five threes in the process.
Waverley Demassi also hit double digits with 11 points.
Even with the loss, Spirits coach Christa Lapointe was almost beaming with pride at what her team nearly pulled off.
“It’s great to get to the gold medal game and I’m very proud of all the girls for putting it out there,” she said. “They’ve been taught the last three years that as long as you can keep the game to 10-15, anything is possible. Our girls know that, so even though they’re down they never quit. Even though it didn’t work out, they left everything on the floor. That’s what you want from a provincial championship game.”
Today Gold rate in Saudi Arabia, (SAR) 10 gram of 24K gold is SAR 2,455.81. However, these rates are given in 1 tola, 1 gramme, and 10-gramme increments in Saudi Riyal.
Every day, the local gold and bullion markets in the SAR provide live rates.
Gold Rate in Saudi Arabia Today
The latest Gold Rate in SAR on, 24 March 2024. is mention below.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/March2024/25/c7242.html
