{"id":7305,"date":"2024-10-22T11:51:00","date_gmt":"2024-10-22T15:51:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=7305"},"modified":"2026-03-14T14:46:54","modified_gmt":"2026-03-14T18:46:54","slug":"nias-top-2-rules-for-gold-exploration-industry","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/nias-top-2-rules-for-gold-exploration-industry\/","title":{"rendered":"NIA’s Top 2 Rules for Gold Exploration Industry"},"content":{"rendered":"\n

NIA’s #1 most important rule<\/strong><\/span> for the gold exploration industry<\/strong><\/span> is: The larger<\/strong><\/span> a gold resource<\/strong><\/span>, the better<\/strong><\/span> a company’s odds<\/strong> of success<\/strong><\/span>, because for one of the largest<\/span> gold miners<\/span><\/strong> like Newmont (NEM)<\/strong>, Barrick (GOLD)<\/strong>, Agnico Eagle (AEM)<\/strong>, or AngloGold Ashanti (AU)<\/strong> to be interested in developing<\/strong><\/span> a standalone<\/strong><\/span> project it must have 5 million+ oz <\/strong><\/span>of gold resources<\/strong><\/span> or it won’t <\/strong><\/span>even be on their radar<\/strong> as something worth considering. Snowline Gold (TSXV: SGD)<\/strong> has gained over 1,000%<\/strong><\/span> over the last few years to a market cap<\/strong> of $957 million<\/strong><\/span> because it has established<\/strong><\/span> an Indicated Mineral Resource<\/strong> of 4.05 million oz gold<\/strong><\/span> grading 1.66 g\/t Au and an Inferred Mineral Resource<\/strong> of 3.26 million oz gold<\/strong><\/span> grading 1.25 g\/t Au. Goldshore Resources (TSXV: GSHR)<\/strong> has established<\/strong><\/span> an Indicated Mineral Resource<\/strong> of 1.54 million oz gold<\/span><\/strong> grading 1.23 g\/t Au and an Inferred Mineral Resource<\/strong> of 5.2 million oz gold<\/strong><\/span> grading 1.11 g\/t Au and has hired<\/span> G-Mining<\/strong> to conduct<\/strong><\/span> a PEA<\/strong>!<\/span><\/span><\/p>\n\n

NIA’s #2 most important rule<\/strong><\/span> for the gold exploration industry<\/strong><\/span> is: If you don’t<\/strong><\/span> have 5 million+ oz<\/strong><\/span> of gold resources<\/strong><\/span>, the only thing equally<\/strong><\/span> good<\/strong><\/span> is having a gold resource<\/strong><\/span> in the middle of a massive<\/span> 10-20 million oz gold district<\/span><\/strong> being rapidly consolidated<\/strong><\/span> by one of the largest<\/strong><\/span> gold miners<\/strong><\/span>. Augusta Gold (TSX: G)’s fully permitted<\/span> Reward Gold Project<\/strong> in Nevada has a Proven & Probable Mineral Reserve<\/strong> of 370,000 oz gold<\/strong><\/span> grading 0.86 g\/t Au. Augusta Gold (TSX: G)’s past producing<\/span> Bullfrog Gold Project<\/strong> in Nevada has a Measured & Indicated Mineral Resource<\/strong> of 1,209,290 oz gold<\/strong><\/span> grading 0.53 g\/t Au and an Inferred Mineral Resource<\/strong> of 257,900 oz gold<\/strong><\/span> grading 0.48 g\/t Au. AngloGold Ashanti (AU)<\/strong> at its directly adjacent<\/span> North Bullfrog Gold Project<\/strong> in Nevada has a Proven & Probable Mineral Reserve<\/strong> of 1 million oz gold<\/strong><\/span> grading 0.43 g\/t Au. AngloGold Ashanti (AU)<\/strong> at its directly adjacent<\/span> North Bullfrog<\/strong>, Silicon<\/strong>, Merlin<\/strong>, Mother Lode<\/strong>, and Sterling Gold Projects<\/strong> in Nevada has a Measured & Indicated Mineral Resource<\/strong> of 5.37 million oz gold<\/strong><\/span> grading 0.75 g\/t Au and an Inferred Mineral Resource<\/strong> of 11.21 million oz gold<\/strong><\/span> grading 0.89 g\/t Au. By AngloGold Ashanti (AU) acquiring<\/span> Augusta Gold (TSX: G)<\/strong> before year-end it will increase<\/strong><\/span> its Nevada gold reserves<\/strong><\/span> by 37%<\/strong><\/span> while increasing<\/strong><\/span> its Nevada measured & indicated<\/strong> gold resources<\/strong><\/span> by 22.51%<\/strong><\/span>. Even if AngloGold Ashanti (AU)<\/strong> has to pay<\/strong><\/span> $5 per share<\/strong> in cash<\/strong><\/span> to acquire<\/span> Augusta Gold (TSX: G)<\/strong> it will be well worth every penny because they will establish<\/strong><\/span> a total Nevada gold reserve\/resource<\/strong><\/span> of 19.5 million oz<\/strong><\/span> all in the same<\/span> district<\/strong>!<\/span><\/span><\/p>\n\n

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 has received compensation from GSHR of US$30,000 cash for a three-month marketing contract. NIA’s President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

NIA’s #1 most important rule for the gold exploration industry is: The larger a gold resource, the better a company’s odds of success, because for one of the largest gold miners like Newmont (NEM), Barrick (GOLD), Agnico Eagle (AEM), or AngloGold Ashanti (AU) to be interested in developing a standalone project it must have 5 […]<\/p>\n","protected":false},"author":1,"featured_media":7307,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[42,12,9,29,251],"class_list":["post-7305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-au","tag-g","tag-gold","tag-gshr","tag-sgd"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=7305"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7305\/revisions"}],"predecessor-version":[{"id":7308,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/7305\/revisions\/7308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/7307"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=7305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=7305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=7305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}