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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

Post by Gold_Bullionon May 26, 2021 8:21am
193 Views
Post# 33266303

Progress

Progress
First road show going on now for the company @121 Mining event May 25-28. They're meeting with some key investors in uk/europe by looks of it. Lets see if stock starts responding bc its stuck in a range that is pretty attractive for funds conveniently. Warke has been focused on keeping shares in strategic hands imo in order to maximize shareholder return. Kinross & Anglo have begun work on the west side as well interestingly to the north/west of Augusta. New interim Anglogold CEO mentioned they are very focused on their internal growth. This east and west district. They just provided a $20 million loan to Corvus and a hv a 3 month exclusivity. Corvus will be the first mover for a permitted mine north of us. From there, w/ M&A can expand and move things around etc. New player immediately to the east (Zacapa Resources) of Augusta Gold. Study Ventana gold district where Warke had 129x. There's similarities. Heard Corvus is pissed they couldnt pick up Zacapa's ground via staking. Lots of historical workings/adits there that look to enter Augusta's ground. 
 
Look for early q3 resource update. 0 expectation. I've loaded the boat in prep of 121 and the update. Didnt think we would see this stock price level again so consider it a blessing.

Plus only 5000m drill assays released at Montgomery to date. 105,000 m of drilling still left to do at other more important key targets.
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