Brightrock Gold Corp. Announces Positive Field Sampling Results With Significant Gold Concentrations, Highlighting The Potential For A Dual Mineral Resource At The Midnight Owl Project
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) ha annunciato risultati positivi dalla sua recente campagna di campionamento sul campo al Midnight Owl Project in Arizona. La campagna ha rivelato concentrazioni significative di oro in diversi campioni, con il grado più alto osservato a 11,6 grammi per tonnellata. Su 16 campioni raccolti, 6 hanno superato la soglia di 0,10 ppm (100 ppb) di oro, rappresentando il 38% del totale dei campioni.
Questa scoperta evidenzia il potenziale per una risorsa mineraria duale, combinando litio e oro, presso il sito del progetto. La società prevede di ampliare le sue attività di esplorazione per comprendere meglio l'intero ambito di queste scoperte e le potenziali sinergie tra l'estrazione di litio e oro. I prossimi passi includono un programma di mappatura di follow-up dettagliato e lo sviluppo di un modello geologico tridimensionale per l'intera area del progetto di 5000 acri.
BrightRock Gold Corp. (OTC PINK:BRGC) ha anunciado resultados positivos de su reciente campaña de muestreo en campo en el Proyecto Midnight Owl en Arizona. La campaña reveló concentraciones significativas de oro en múltiples muestras, con la mayor ley observada de 11.6 gramos por tonelada. De las 16 muestras recolectadas, 6 cumplieron con el umbral de 0.10 ppm (100 ppb) de oro, representando el 38% del total de las muestras.
Este descubrimiento resalta el potencial para un recurso mineral dual, combinando litio y oro, en el sitio del proyecto. La empresa planea expandir sus actividades de exploración para comprender mejor el alcance total de estos hallazgos y las sinergias potenciales entre la extracción de litio y oro. Los próximos pasos incluyen un programa detallado de mapeo de seguimiento y el desarrollo de un modelo geológico tridimensional para toda el área del proyecto de 5000 acres.
BrightRock Gold Corp. (OTC PINK:BRGC)는 애리조나의 Midnight Owl 프로젝트에서 최근 현장 샘플링 캠페인에서 긍정적인 결과를 발표했습니다. 이번 캠페인에서는 상당한 금 농도가 여러 샘플에서 확인되었으며, 가장 높은 농도는 톤당 11.6그램으로 나타났습니다. 수집된 16개의 샘플 중 6개가 0.10ppm(100ppb) 금의 기준을 충족하여 전체 샘플의 38%를 차지했습니다.
이 발견은 프로젝트 사이트에서 리튬과 금을 결합한 이중 광물 자원의 잠재력을 강조합니다. 회사는 이러한 발견의 전체 범위와 리튬과 금 추출 간의 잠재적 시너지를 이해하기 위해 탐사 활동을 확장할 계획입니다. 다음 단계에는 상세한 후속 매핑 프로그램과 5000에이커의 전체 프로젝트 지역을 위한 3차원 지질 모델 개발이 포함됩니다.
BrightRock Gold Corp. (OTC PINK:BRGC) a annoncé des résultats positifs de sa récente campagne d'échantillonnage sur le terrain au projet Midnight Owl en Arizona. La campagne a révélé des concentrations significatives d'or dans plusieurs échantillons, avec la plus haute teneur observée à 11,6 grammes par tonne. Sur les 16 échantillons collectés, 6 ont dépassé le seuil de 0,10 ppm (100 ppb) d'or, représentant 38% du total des échantillons.
Cette découverte met en évidence le potentiel d'une ressource minérale double, combinant lithium et or, sur le site du projet. La société prévoit d'élargir ses activités d'exploration pour mieux comprendre l'ampleur de ces découvertes et les synergies potentielles entre l'extraction de lithium et d'or. Les prochaines étapes comprennent un programme de cartographie de suivi détaillé et le développement d'un modèle géologique tridimensionnel pour l'ensemble de la zone du projet de 5000 acres.
BrightRock Gold Corp. (OTC PINK:BRGC) hat positive Ergebnisse aus seiner jüngsten Feldprobenkampagne im Midnight Owl Project in Arizona bekannt gegeben. Die Kampagne zeigte bedeutende Goldkonzentrationen in mehreren Proben, wobei die höchste Gehalt mit 11,6 Gramm pro Tonne festgestellt wurde. Von 16 gesammelten Proben erfüllten 6 die Schwelle von 0,10 ppm (100 ppb) Gold, was 38% der Gesamtheit der Proben entspricht.
Diese Entdeckung hebt das Potenzial für eine duale Mineralressource hervor, die Lithium und Gold kombiniert, am Projektstandort. Das Unternehmen plant, seine Erkundungsaktivitäten auszuweiten, um das volle Ausmaß dieser Erkenntnisse und mögliche Synergien zwischen der Lithium- und Goldgewinnung besser zu verstehen. Die nächsten Schritte umfassen ein detailliertes Nachverfolgungs-Mapping-Programm und die Entwicklung eines dreidimensionalen geologischen Modells für das gesamte 5000 Acres umfassende Projektgebiet.
- Discovery of significant gold concentrations up to 11.6 g/t in the Midnight Owl Project
- 38% of samples (6 out of 16) met the gold threshold of 0.10 ppm
- Potential for a dual mineral resource (lithium and gold) increasing shareholder value
- Plans for expanded exploration activities and development of a 3D geological model
- None.
GURNEE, IL / ACCESSWIRE / September 30, 2024 / BrightRock Gold Corp. (OTC PINK:BRGC), a lithium exploration company focused on developing its flagship project, "Revival of the Midnight Owl Mine," formerly known in historical records as the "Lithium King Mine," located approximately 60 miles from Phoenix, Arizona, is pleased to announce the results from its recently concluded field sampling campaign, which revealed significant gold concentrations in multiple samples. This marks a key milestone in the ongoing exploration efforts and highlights the potential for a dual mineral resource in the project area.
Figure 1: BrightRock Gold Corp. property boundary, locally mapped geology, historic mine location, and relative location in West Arizona, USA.
During the campaign, a total of 16 samples were collected across the historic adit and surface workings identified through past XRF surveys, and many samples assayed significant gold. The results returned gold concentrations as high as [11.6 grams per ton (0.34 oz per ton)] , demonstrating the strong mineralization present at the site.
Key Highlights of the Sampling Campaign:
Sample MO-031 returned a gold concentration of [11.55 g/t].
Samples were considered with a Au 0.10 ppm (100 ppb) cutoff. A total of 6 of 16 samples met this threshold representing
38% of total samples collected.The highest grade observed was [11.6 g/t], indicating potential for high-grade gold zones within the Midnight Owl Project area.
Dual-Commodity Potential: The results suggest a unique opportunity for BrightRock to explore both lithium and gold resources within the same project, further increasing shareholder value.
LINK TO THE FULL REPORT: CLICK HERE
Mac J. Shahsavar, P.Eng., Chairman and CEO of BrightRock, commented:
"We are thrilled by these results. While our primary focus remains on lithium, the discovery of significant gold concentrations is a welcome and exciting development. This strengthens our belief in the immense potential of the Midnight Owl property. We will now look into expanding our exploration activities to better understand the full scope of these findings and the potential synergies between lithium and gold extraction."
Next Steps
Based on the encouraging results, BrightRock plans to undertake further exploration activities to delineate the extent of both lithium and gold mineralization within the project area. In the coming months, the necessary 3rd party QP will initiate a detailed follow-up mapping program to determine mineralization controls, with the goal of developing a three-dimensional geological model on the entire 5000-acre project area. Upon completion of this program, Phase Two will comprise testing this model by drilling, pursuant to completion of target delineation and securing the necessary drilling permit from the Bureau of Land Management.
The company is committed to advancing the Midnight Owl property responsibly, with a focus on delivering sustainable and long-term value to shareholders.
About BrightRock Gold Corp.
BrightRock Gold Corp. is a lithium exploration company focused on developing its flagship project "Revival of the Midnight Owl Mine". Previously known in historical records as the "Lithium King Mine," it is located approximately 13 miles east of Wickenburg, Arizona. BrightRock Gold Corp. holds
To learn more about BrightRock Gold Corp. Visit:
Corporate Website: http://brightrockgold.com/and/or https://northamericalithium.com/
Corporate Twitter: https://twitter.com/brightrock_corp
Corporate Linkedin: https://www.linkedin.com/company/brgc-corp
Corporate Instagram: https://www.instagram.com/brightrock_gold_corp/
CONTACT:
BrightRock Gold Corporation
Phone 866-600-5444
brightrockgold@gmail.com
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 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
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