Patriot Gold Ord Shs C.PGOL

Alternate Symbol(s): PGOL

Metals & Mining Gold

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

Patriot Gold Ord Shs

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Post by arh0070on Oct 07, 2020 1:54pm

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Post# 31680875

northern vertex moss mine

News announced today ,just over 13000 ounces (a new record)of gold produced in the third quarter by the Moss mine .With a 3% royalty that equals 390 ounces of gold ,lets say average of 1925$ an ounce in the quarter =revenue of 750,950$ in quarter .In a year that equals 3 million US .Current value of pgol around 7 million or so making the p/e between 2&3 .How about a dividend for shareholders PGOL you can afford it .

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Calibre discovers significant gold in Newfoundland