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Highgold Mining Inc V.HIGH

Alternate Symbol(s):  HGMIF

HighGold Mining Inc. is a Canada-based mineral exploration company. The Company is focused on high-grade gold projects located in North America. The Company's flagship asset is the high-grade Johnson Tract Gold-Zinc-Copper Project located in accessible Southcentral Alaska, United States of America. The Company also controls junior gold miner land positions in the Timmins, Ontario gold camp. This includes the Munro Croesus Gold property, Golden Mile, and Timmins South properties. The Company also has 100% ownership of a group of properties in Yukon's new Selwyn Basin Reduced Intrusive Related Gold district. Its Johnson Tract Project is a poly-metallic (gold, copper, zinc, silver, lead) project located near tidewater in Southcentral Alaska. It includes the high-grade Johnson Tract Deposit (JT Deposit) and numerous mineral prospects over a 12-kilometer strike length. The Munro-Croesus Gold Project is located approximately 75 kilometers (47 miles) east of Timmins, Ontario.


TSXV:HIGH - Post by User

Post by goldenriviton Jun 24, 2022 12:12pm
98 Views
Post# 34780559

Resource conversion has doubled the foot print

Resource conversion has doubled the foot printOf the 2020 calculation.So I expect some real upside of gold inventory.I think the fire works start next week and the company is moving to target 2 million oz at JT.At that point the majors sit up and take notice.Kaminac had 2 million oz at 1.5gt and got a $520 million take over by Gold Corp in $500 gold.HIGH is number 3 in reported high grades of North American deposits.The majors like high grade that brings in very high IRR profits on capital invested.JT is going to be some of the cheapest ore to mine in North America and will fetch a premium bid in time.Trading below $1 is a gift from the all mighty.
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