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BrightRock Gold Corp. (BRGC) is a lithium exploration company focused on developing its flagship project, the Midnight Owl Mine, located near Wickenburg, Arizona. The company holds 100% ownership of the mine and adjoining claims, strategically positioned near three gigafactories. Recent discoveries of lithium pegmatite outcrops have significantly increased potential resources, with LIBS analysis showcasing high lithium concentrations. The company continues to explore and expand its mineral assets to become a key lithium products supplier.
BrightRock Gold Corp. (OTC PINK:BRGC) has announced positive results from its recent field sampling campaign at the Midnight Owl Project in Arizona. The campaign revealed significant gold concentrations in multiple samples, with the highest grade observed at 11.6 grams per ton. Out of 16 samples collected, 6 met the threshold of 0.10 ppm (100 ppb) gold, representing 38% of total samples.
This discovery highlights the potential for a dual mineral resource, combining lithium and gold, at the project site. The company plans to expand its exploration activities to better understand the full scope of these findings and potential synergies between lithium and gold extraction. Next steps include a detailed follow-up mapping program and the development of a three-dimensional geological model for the entire 5000-acre project area.
BrightRock Gold Corp. (OTC Pink:BRGC), a lithium exploration company, has appointed Astra Audit and Advisory , a PCAOB-registered firm, to audit its financial statements for the fiscal year ending December 31, 2023. This move is part of BRGC's strategy to transition from OTC markets to becoming a fully SEC-reporting and potentially list on a senior exchange. Astra will also address missing financial reports from 2000 to 2006, enabling BRGC to reapply to FINRA for a name and symbol change. The engagement of a PCAOB-registered auditor is expected to enhance transparency and investor confidence. CEO Mac J. Shahsavar emphasized that this step is important for the company's growth and long-term goals, aiming to provide greater certainty to shareholders and future investors.
BrightRock Gold Corp. (OTC PINK:BRGC) has announced the discovery of a new lithium pegmatite outcrop at its Midnight Owl Project in Wickenburg, Arizona. This finding represents a significant milestone in the company's exploration efforts, highlighting the project's potential to become a major lithium source. The discovery was made during a preliminary sampling campaign initially targeting gold and silver.
CEO Mac J. Shahsavar emphasized the importance of this development, stating it aligns with BrightRock's strategic goal of becoming a key player in the lithium supply chain. The discovery is particularly significant given the increasing global demand for lithium in green technologies and electric vehicles. The company views this as a step towards securing a stable and sustainable lithium source within the United States.
BrightRock Gold Corp. (OTC PINK:BRGC), a lithium exploration company, announces an upcoming interview on JRC StockTalk Live Stream on August 14, 2024. CEO Mac J. Shahsavar and Lead Geologist James Ingraffia will discuss the company's flagship project, the Revival of the Midnight Owl Mine, located near Phoenix, Arizona. Topics will include efforts to reduce outstanding shares, increase shareholder value, and exploration plans for the Midnight Owl Project. The live, interactive event will allow attendees to ask questions in real-time. An archived webcast will be available for those unable to attend live. The stream will be accessible on YouTube and X (formerly Twitter) platforms.
BrightRock Gold Corp. (OTC PINK:BRGC), a lithium exploration company, has provided an update on its corporate developments for 2024. The company has completed audits for 2021 and 2022, and is working on 2023 financials with the goal of becoming a fully reporting issuer. BrightRock is in discussions with investors but hasn't accepted any offers yet, maintaining that current offers don't reflect the true value of their assets. The company withdrew its FINRA application for a name and symbol change due to missing financial reports from 2000-2006, which they're working to correct. The CEO has bought back 787,953 shares for $290,994 since February 2023, and the company plans to amend some convertible notes terms. BrightRock is exploring share reduction options and plans to increase shareholder interaction.
BrightRock Gold Corp. (OTC Pink:BRGC) provides an update on its exploration plans for the Midnight Owl Project. The company will prioritize completing the Phase 1b sampling program for pegmatite geology, targeting a late Q3 2024 start. Additionally, an underground sampling campaign will be initiated to assess lithium and other metal deposits.
In collaboration with Alexandra Price from the University of Houston, hyperspectral imaging is being utilized to analyze lithium-rich pegmatites, with results expected by Q4 2024/Q1 2025.
BrightRock is also consulting with engineering firms for optimal exploration and drilling strategies and plans to update shareholders on corporate developments soon.
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