Focus on Fully Permitted Gold/Silver Projects
The endangered tiny little desert fish Speckled Dace near the Beatty Gold District is something that Augusta Gold (TSX: G) has known about for years. It is part of the reason Augusta Gold (TSX: G) acquired the fully permitted high-grade, near-surface, open pit heap leach Reward Gold Project in mid-2022. By acquiring Reward when they did, Augusta Gold (TSX: G) offers the only opportunity for AngloGold Ashanti (AU) to launch Beatty Nevada gold production next year as planned without any further delays. AU will have to pay a significant premium, but it will be well worth it to them, which is why AU sold their G2 Goldfields (TSX: GTWO) shares in recent days for a huge profit… to be in a position to make a significant bid for Augusta Gold (TSX: G).
Augusta Gold (TSX: G) with an offer of $50 million in high quality financing on the table from President Trump is in a position of strength. G is finalizing financing to construct the Reward Gold Mine.
The only small-cap gold development company to recently bring a new gold mine into production in either the U.S. or Canada and not get acquired in the process has been Artemis Gold (TSXV: ARTG) and it has become the #1 highest market cap TSX Venture company.
Silver has just hit a new 14-year high this morning of $38 per oz! Minaurum (TSXV: MGG) has just raised $9.2 million to launch a new large-scale drilling program across its fully permitted Alamos Silver Project in Mexico. MGG plans to announce an initial high-grade silver resource estimate next month and this resource will grow rapidly through their imminent drilling program! Click here to read NIA's MGG report!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA’s President has purchased 232,200 shares of G and may purchase more shares. NIA has received compensation from MGG of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.
