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High gold premiums in China are demand-driven, Maguire tells KWN

Section: Daily Dispatches

1:37p ET Friday, December 16, 2016

Dear Friend of GATA and Gold:

Premiums on gold in China are high not because of tight supply, as is being reported, but because of huge demand as investors realize that the wars on cash and gold are related and that gold is the only exit from the financial system, London metals trader Andrew Maguire tells King World News today. These wars, Maguire adds, are being run from the headquarters of the Bank for International Settlements in Basel, Switzerland. Maguire's comments are posted at KWN here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


Sandspring Resources Commences 2016 Exploration Campaign

Company Announcement
August 17, 2016

Sandspring Resources Ltd. (TSX VENTURE:SSP, US OTC: SSPXF) is pleased to announce commencement of the 2016 exploration campaign at its Toroparu Gold Project in Guyana, South America.

In 2015 the company completed a 3,700-meter diamond drilling program on the promising Sona Hill Prospect, located 5 kilometers southeast of the main Toroparu deposit. Sona Hill is the easternmost gold anomaly in a cluster of 10 gold features located within a 20-by-7-kilometer hydrothermal alteration halo around Toroparu. Drilling at Sona Hill in 2012 and in 2015 intercepted high-grade mineralization in both saprolite and bedrock, and confirmed the continuity and grade potential of the Sona Hill mineralization.

For the remainder of the announcement and highlights of the 2015 drill program:

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