FN Media Group Presents Microsmallcap.com Market Commentary
New York, NY – April 6, 2021 – The Nevada region has just been named as the “world’s top mining destination,” leading to a growing number of mining portfolios in the area. Perhaps one of the reasons for this title is Nevada’s substantial mining potential. With the state containing two key characteristics miners look for–best practice for mineral potential and policy perception–this makes Nevada an outstanding option for production. Mining companies such as Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF), Equinox Gold Corporation (NYSE:EQX) (TSX:EQX), and Victory Resources (CSE:VR) (OTCPK:VRCFF) go into more detail about the success they have achieved at Nevada mining sites.
Blackrock Silver Corporation (TSXV:BRC) (OTCQB:BKRFF), a mining exploration company focused on both silver and gold has attracted significant interest over the past year on the back of multiple high-grade discoveries made on its Tonopah West property. This property represents the consolidation of one of the largest silver districts in North America, of which Blackrock now controls more than half. In terms of historic production, the Tonopah silver district is second to only the Comstock Lode in the “Silver State” of Nevada. Since the company’s initial discovery in August, Blackrock has wasted no time in advancing this exciting project, scaling up to a substantial and ongoing drill program that serves to determine just how big the deposit will be.
In early March 2021, Blackrock reported 13,000 meters of drilling since January 4, 2021 at its Tonopah West project, with a total of 41,300 meters of drilling since June 2020 in the area. Blackrock is looking to deliver a maiden resource on its Tonopah West property during Q4 2021. Currently, three main drills and one RC drill are operating on the project, with one specific drill exploring along the Victor vein system. Blackrock commented on its commitment to continue testing target areas while remaining focused on the bigger picture, a vision for the project to expand due to promising mineralization.
Nevada Mining Creates Partnership Opportunities For North American Companies
Barrick Gold Mines (NYSE:GOLD) (TSX:ABX), noted as one of the world’s largest gold mining companies, established a joint venture in July 2019 with Newmont Corporation and introduced their subsidiary, Nevada Gold Mines. Barrick stated that the driving force behind the creation of Nevada Gold Mines was the large potential of the Nevada gold fields and prospective gold establishments.
With partnerships providing greater growth opportunities, Nevada Sunrise Gold (TSXV:NEV) (OTCPK:NVSGF) joined forces with mining company, New Placer Dome Gold Corporation. The 2020 Kinsley Mountain Gold Project, which is located close to Wendover, Nevada, reported its findings after completing 49 drill holes totaling 17,970 meters. During the exploration process, five target areas were also tested, but results are still pending for these areas. However, the second set of results from the 2020 drilling program at the Western Flank Zone reported a remarkable amount of gold contained throughout the Kinsley Mountain.
Heading in a slightly different direction to explore Nevada’s mining reservoir, Equinox Gold Corporation (NYSE American:EQX) (TSX:EQX) has made the move to acquire Premier Gold Mines under its banner. By doing so, Equinox will own Premier’s existing Nevada assets. Equinox has also executed a plan to introduce a US-focused gold production company, “i-80 Gold Corporation”, which will operate the Nevada mining portfolio.
Victory Resources (CSE:VR) (OTCPK:VRCFF), a junior international mining corporation, is currently focused on developing its pre-existing projects, including its Loner property in Nevada. Previously considered a low priority, Victory has now reported a strong interest in the Nevada property. The company has had a busy start to 2021, with Victory gearing up for production on a 500-meter drill program at the Loner property. The company has organized a crew to begin the process and aims for drilling to be completed by mid-April 2021, as long as weather permits. The company anticipates that the drilling will provide a more detailed location of the mineralization demonstrated in the area.
With Nevada currently rated as the number one destination for the mining industry, companies like Blackrock Silver Corporation are set to take their Nevada portfolios to another level with a reassuring future of projects underway.
For more information on Blackrock Silver Corporation, click here.
Disclaimer: Microsmallcap.com (MSC) is the source of the Article and content set forth above. MSC owns and operates StreetSignals.com. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. FN Media Group (FNM) is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated with MSC or any company mentioned herein. The commentary, views and opinions expressed in this release by MSC are solely those of MSC and are not shared by and do not reflect in any manner the views or opinions of FNM. Readers of this Article and content agree that they cannot and will not seek to hold liable MSC and FNM for any investment decisions by their readers or subscribers. MSC and FNM and their respective affiliated companies are a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.
The Article and content related to the profiled company represent the personal and subjective views of the Author (MSC), and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author (MSC) has not independently verified or otherwise investigated all such information. None of the Author, MSC, FNM, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment. FNM was not compensated by any public company mentioned herein to disseminate this press release but was compensated twenty five hundred dollars by MSC, a non-affiliated third party to distribute this release on behalf of Blackrock Gold Corp
FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MSC and FNM undertake no obligation to update such statements.
FN Media Group, LLC