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Patriot Gold Corp. C.PGOL

Alternate Symbol(s):  PGOL

Patriot Gold Corp. is a natural resource exploration and mining company, which acquires, explores, and develops natural resource properties. The Company's primary focus in the natural resource sector is gold. Its property holdings consist of Vernal Property, the Windy Peak Property, a royalty with respect to the Moss Mine Project, and a royalty with respect to the Bruner Gold Project. The Vernal Property is located approximately 140 miles east-southeast of Reno, Nevada, on the west side of the Shoshone Mountains. It holds the property through approximately 12 unpatented mining claims over 248 acres. The Moss Mine Property is located in the Oatman Mining District of Mohave County Arizona. The Windy Peak Property consists of about 114 unpatented mineral claims covering approximately 2,337 acres, three miles north-northeast of Bell Mountain. The Company holds a royalty of 2% of Net Smelter Returns with respect to the Bruner Gold Project that consists of 26 patented mining claims.


CSE:PGOL - Post by User

Comment by Roddiggition Feb 16, 2021 6:05pm
55 Views
Post# 32580256

RE:RE:RE:NÉE and PGOL

RE:RE:RE:NÉE and PGOLand 6 years is a conservative estimate. NEE will have an update 43-101 before June and if the resource goes from 500K ounces to even 750K ounces, that's 50% more gold for them to mine and PGOL will get 3% on that additional indicated resource. Then with regards to Bruner, if CSQ fails to get things resolved by the end of March, they'll be forced to sell assets to cover the debts. Someone will buy Bruner, it's a very good gold asset in Nevada. So that is going to go into production maybe in 2-3 years, while Moss is still paying. We aren't even including any upside from their other projects on potential additional acquisitions. 
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