Welcome to our dedicated page for BMGCF news (Ticker: BMGCF), a resource for investors and traders seeking the latest updates and insights on BMGCF stock.
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Millennial Potash Corp. (BMGCF) has entered the $30 billion global potash industry by acquiring the Banio Potash Project in Gabon. The project is a drill-proven, multi-billion tonne potash target, previously owned by Equatorial Potash. Millennial's experienced management team has a successful history in identifying and developing resource projects, notably in lithium. The company has raised $3.5 million, increasing its cash reserves to over $6 million, to expedite Banio's Phase 1 exploration program. The project boasts significant potash mineralization and good infrastructure, which positions it advantageously in the market as global demand for potash is set to increase.
Black Mountain Gold USA Corp. (OTCQB: BMGCF) is advancing its Mohave Gold Project in Arizona, having a promising exploration plan in place. Since taking over in mid-2020, the company has a leadership team with a proven track record, previously positioning Millennial Lithium Corp. for a successful acquisition. The Mohave Project spans 3,200 acres in a resource-rich area and has shown high-grade gold samples, confirming strong potential for open-pit mining. The company plans a 5,000-meter drilling program in 2021 to expedite development, backed by a capable Board with extensive industry experience.
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