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Augusta Gold Corp T.G

Alternate Symbol(s):  AUGG

Augusta Gold Corp. is an exploration and development company. The Company is focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursuing accretive mergers and acquisitions (M&A) opportunities. The Bullfrog Gold Project is located in the prolific Walker Lane Trend approximately 120 miles north-west of Las Vegas, Nevada and four miles west of Beatty, Nevada. The Company controls approximately 7,800 acres of mineral rights, including the Bullfrog and Montgomery-Shoshone deposits and has identified significant additional mineralization around the existing pits. The Reward Project is located in the prolific Walker Lane Trend approximately 120 miles north-west of Las Vegas, Nevada and seven miles East of the Bullfrog Gold Project.


TSX:G - Post by User

Comment by VENManon Oct 16, 2020 11:55am
152 Views
Post# 31728576

RE:RE:Breakout

RE:RE:BreakoutWhat I liked from their presentaion on their website was the last point under Project Atributes:

Project Attributes

• BFGC’s database now includes 1 57 miles of drilling in 1,287 holes. Drilled 25 holes in 2020 to expand pit limits and initially test a new exploration target.
• Column tests recovered 85% of the gold from a very fine size of -1/16” using better technology compared to 71% from -3/8” using conventional crushing.
• Nye County, Nevada is an excellent mining venue. Beatty (pop. 1,000) is only 4 miles away and has adequate amenities and services. • A 25 KV power line and a sub-station are on site. Ample water supply is immediately below the Bullfrog pit. A paved highway crosses the property.
• Nearly all new mine waste can be backfilled in the south Bullfrog pit, which substantially reduces environmental impacts and mining costs. • Mineralized and waste rocks are alkaline and their original 2% sulfide contents are now highly oxidized, thereby eliminating any acid generation .
• Suitable access roads and in-pit haulage ramps are in place. Steep pit walls up to 53 degrees remain stable after 25 years.
• No environmental, permitting, legal, taxation, socio -economic, marketing, or other adversities are known that may materially affect the Project.


All IMO, Always DYODD, GLTA! 

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