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BRIGHTROCK GOLD CORP - BRGC STOCK NEWS

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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.

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BrightRock Gold Corp. (OTC PINK:BRGC) announces the discovery of a second mine, the Lone Giant Prospect, containing a potential lithium deposit, located 0.38 miles from another recent discovery. The 1400-acre expansion supports the company's strategy to become a major lithium supplier. The Lone Giant site has a dike that appears to be 4 to 25 feet thick and comprises various mineral zones similar to those found at BrightRock’s Midnight Owl mine. CEO Mac J. Shahsavar highlights ongoing efforts to establish a lithium-rich asset portfolio.

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BrightRock Gold Corp. (OTC PINK:BRGC) announced the discovery of a significant lithium deposit at the P. And G. Beryllium Prospect near Morristown, Arizona, during an extensive mapping program following a 1400-acre expansion. The mineralization consists of pegmatite dikes similar to those found at the Midnight Owl Mine. Preliminary development has included trenching and geological mapping. CEO Mac J. Shahsavar has commissioned further inspections and will release a live video for investors. The company's focus is on developing its lithium-rich assets to supply lithium-based products.

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BrightRock Gold Corp. (OTC PINK:BRGC) announced the release of a video showcasing an underground inspection of the Midnight Owl Mine, a historic lithium producer in Arizona. Conducted by Steven Cyros, the inspection aims to highlight the extensive mineralization of lithium silica. The mine, which operated between 1947-1952, produced high-grade lithium and beryllium. Investors can view the video through the provided link. BrightRock holds 100% ownership of the mine and adjacent claims, positioning itself as a potential supplier of lithium products.

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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.

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Brightrock Gold Corp (OTC PINK:BRGC) has announced its acquisition of the Midnight Owl Mine, based on historical data suggesting significant lithium deposits. The Midnight Owl, located in Arizona's pegmatite belt, was historically known for its lithium resources. The company is optimistic about potential revenue growth derived from this acquisition, as it plans to leverage its findings to enhance its lithium operations. The mine's past production indicates promising reserves, potentially benefiting Brightrock's future financial performance.

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Brightrock Gold Corp. (OTC PINK:BRGC) has successfully completed the transfer of 100% ownership of the Midnight Owl Mine from Red Beryl Mining Company. This mine, historically known as the Lithium King, is located in Yavapai County, Arizona. The expedited transfer allows Brightrock to accelerate its strategy of becoming a leading lithium mining company in the U.S. Shareholders can verify this ownership change through the Mineral and Land Records System. The company plans to announce significant developments in the lithium industry shortly.

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Brightrock Gold Corp. (OTC PINK:BRGC) has announced significant progress in the ownership transfer of the Midnight Owl Mine from Red Beryl Mining Company. The transition to 100% ownership is nearing completion, with full processing expected within two weeks, a considerable improvement over the initial 90-day estimate disclosed on March 1. This advancement allows the company to deploy resources to the mine sooner than anticipated, enhancing operational readiness.

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Brightrock Gold Corp. (OTC PINK:BRGC) announced a significant reduction of 500,000,000 shares from its outstanding common stock, leading to a total of 300,098,000 shares remaining. This reduction represents a 62% decrease in total outstanding shares, which aims to enhance shareholder value and supports future growth. The company's president, Mac Shahsavar, emphasized their commitment to ongoing strategies for increasing shareholder value. Further information about the company's initiatives can be found on its corporate website and social media platforms.

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Brightrock Gold Corp. (OTC PINK:BRGC) announces its strategic positioning with the acquisition of 100% interest in the Midnight Owl Mine in Arizona. Located near two major battery production facilities from KOREPOWER and LG Energy Solutions, this dormant lithium property is set to benefit from local industry growth. KOREPOWER’s facility will produce 12 GWh of battery cells, while LGES plans a $1.4 billion investment in a plant expected to yield 11 GWh. Brightrock anticipates increased opportunities as these companies support the revival of the mine.

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Brightrock Gold Corp. (OTC PINK:BRGC) has launched a new and improved corporate website, showcasing a fresh logo and inviting users to subscribe for newsletters and events. The website aims to reflect the company's evolving vision and direction. Brightrock Gold is also expanding its presence across various social media platforms. The press release includes a caution regarding forward-looking statements, advising that actual future performance may differ due to unknown risks and uncertainties. For more details, visit their official website.

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FAQ

What is the current stock price of BRIGHTROCK GOLD (BRGC)?

The current stock price of BRIGHTROCK GOLD (BRGC) is $0.08 as of December 23, 2024.

What is the market cap of BRIGHTROCK GOLD (BRGC)?

The market cap of BRIGHTROCK GOLD (BRGC) is approximately 23.4M.

Where is BrightRock Gold Corp. located?

BrightRock Gold Corp. is based in Gurnee, Illinois.

What is the focus of BrightRock Gold Corp.?

BrightRock Gold Corp. specializes in lithium exploration, with a flagship project known as the Revival of the Midnight Owl Mine.

What recent discoveries have BrightRock Gold Corp. made?

BrightRock Gold Corp. has identified previously undocumented lithium pegmatite outcrops on its Phase 3 and Phase 4 expansion claims, showing high concentrations of lithium.

What technologies does BrightRock Gold Corp. use for analysis?

BrightRock Gold Corp. employs SciApps Z-903 handheld LIBS analyzers for in-field testing and uses hyperspectral imaging technology for surface deposit identification.

Who is the CEO of BrightRock Gold Corp.?

Mac J. Shahsavar, P. Eng. serves as the CEO of BrightRock Gold Corp.

What is the primary goal of BrightRock Gold Corp.?

BrightRock Gold Corp. aims to develop a portfolio of lithium-rich assets to become a major supplier of lithium-based products.

BRIGHTROCK GOLD CORP

OTC:BRGC

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BRGC Stock Data

23.36M
800.10M
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United States of America
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