BrightRock Gold Corp Announces Significant Expansion onto Recently Acquired Lithium Mine
Brightrock Gold Corp (OTC PINK:BRGC) has successfully filed the expansion of its Midnight Owl Mine by acquiring an additional 1,400 acres, totaling 1,425.54 acres across 69 lode claims in Yavapai County, Arizona. This expansion is significant as it positions Brightrock to become a key player in the lithium sector, with proximity to two under-construction battery plants. Funding for the expansion was provided by Elite Automotive Group Inc., owned by CEO Mac Shahsavar. Future plans include extensive surface readings and ore sampling to advance towards drilling.
- Expansion increases total land ownership to 1,425.54 acres, potentially one of Arizona's largest lithium deposits.
- Funding for expansion fully covered, reducing financial pressure on the company.
- Proximity to two upcoming battery plants enhances project attractiveness.
- Plans for advanced surface readings and ore sampling to expedite drilling efforts.
- None.
GURNEE, IL / ACCESSWIRE / June 21, 2022 / Brightrock Gold Corp. (OTC PINK:BRGC) is excited to announce the completed filing & recording of a 1400 acre, 68 lodes claim expansion onto the recently acquired Midnight Owl Mine. In our recent press release BrightRock stressed the fact that the public will see the significant steps we are taking as a company to establish ourselves as a major contender in the lithium space. This expansion is proof to our investors and the public that BrightRock is serious. With the expansion it brings the total project size to 1425.54 acres, 69 lode claims in Yavapai County, Arizona. The company believes this is now one of the largest potential lithium deposits in the entire state of Arizona. Verification of this expansion can be located via: https://mlrs.blm.gov/s/global-search/BrightRock . Attached Map Below Shows the Areas of the Expanded Ownership of BrightRock's land in Relation to the Midnight Owl Mine.
BrightRock's goal with this expansion was to target all visible lithium trends around the existing mine location. The end result is that BrightRock now owns every inch of available lithium ground along these visible trends. The company wanted to ensure this will be the most attractive lithium project & source for the nearby under construction battery plants being constructed just 70 miles from the Midnight Owl Mine. Presently two plants are slated to be built near BrightRock's mine. The costs of this expansion have already been
The next step for BrightRock in the coming days will be the staking of this new expansion. Steven of Expansion for Red Beryl Mining Company, Inc. will lead this effort. During this BrightRock is expected to receive numerous media updates of both the existing mine and new expansion. Be sure to follow along via our social media channels for these media updates. Most importantly BrightRock will also receive new detailed surface readings using advanced XRF technology. Ore samples will also be collected and sent off for the appropriate 3rd party testing. These steps will set BrightRock up to move efficiently into drilling Program.
Contact:
Corporate Website: http://brightrockgold.com/
Corporate Twitter : https://twitter.com/brightrock_corp
Corporate Youtube : https://www.youtube.com/channel/UCmGwpVIwvlfRBgULHY-B6kg
Phone: 866-600-5444
FORWARD-LOOKING STATEMENTS:
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
For a discussion of these risks and uncertainties, please see our filings with the OTC Markets Group Inc. Our public filings with the OTC Markets Group Inc are available from commercial document retrieval services and at the website maintained by the OTC Markets at https://www.otcmarkets.com/stock/BRGC/disclosure .
SOURCE: Brightrock Gold Corp.
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FAQ
What is the significance of Brightrock Gold Corp's recent expansion at the Midnight Owl Mine?
How is the expansion of the Midnight Owl Mine funded?
What are Brightrock Gold Corp's future plans following the mine expansion?
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