Brightrock Gold Stock Price, News & Analysis

BrightRock Gold Corp. (OTC PINK: BRGC) has initiated Phase One of the Mineral Resource Estimate Report for its Midnight Owl Lithium Project with Stantec Consulting Services Inc.. A recent site visit was conducted by Qualified Person and Stantec Resource Geologist, Ms. Mariea Kartick, to assess geologic conditions and identify potential lithium-bearing pegmatites. This engagement will produce an NI 43-101 Technical Report, including further fieldwork recommendations and a drilling schedule. CEO Mac J. Shahsavar emphasized the importance of establishing a mineral resource for long-term planning and revenue generation. The project holds a strategic position within 70 miles of two battery plants, showcasing its potential as a major lithium supplier.

Xtra Energy Corp. (OTC PINK:XTPT) announced the confirmation of four additional historical antimony mines in its American Antimony project, expanding its total claims to thirteen. The new groups include the Blue Bird, Blue Jacket, Far South Marguerite Prospect, and Blue Eagle, all enhancing the company's positioning in the antimony market. With Chinese and Russian dominance over antimony production raising supply concerns, Chairman Mac J. Shahsavar emphasized the importance of reviving U.S. antimony deposits for national security. The project spans 1,400 acres in Nevada, reinforcing XTPT's commitment to become a leading antimony supplier.

GURNEE, IL / ACCESSWIRE / April 12, 2023 / BrightRock Gold Corp. (OTC PINK:BRGC) has officially partnered with Stantec Consulting to conduct a mineral resource estimation (MRE) at the Midnight Owl site. Stantec, a leader in mining consulting with strong lithium expertise, will produce an NI 43-101 Technical Report during Phase One, followed by further phases including permitting and drilling. This collaboration marks a significant advancement for BrightRock, as stated by CEO Mac J. Shahsavar, who highlighted the efficiency and comprehensive services offered by Stantec throughout the mining lifecycle. The Midnight Owl project, located near Wickenburg, Arizona, is strategically positioned close to two battery plants under construction and is part of BrightRock's broader goal to become a key player in the lithium market.

BrightRock Gold Corp. (OTC PINK:BRGC) announced the completion of a technical report focusing on pegmatite geology and exploration methods for the Midnight Owl Lithium Project. The report, authored by James Ingraffia, highlights a pegmatite swarm in the area, suggesting significant lithium mineralization opportunities. CEO Mac J. Shahsavar expressed optimism about the extensive lithium presence indicated in the report, which will guide future drilling efforts. BrightRock holds a strategic position with 100% ownership of the Midnight Owl Mine and surrounding claims, supporting its goal to become a leading lithium supplier.

BrightRock Gold Corp. (OTC PINK:BRGC) has announced an agreement with James Ingraffia, a geologist with six years of lithium exploration expertise, to oversee lithium exploration at the Midnight Owl Lithium Project. Ingraffia's background includes key roles in the characterization of significant lithium resources and experience with USGS. This partnership aims to advance BrightRock's exploration and production capabilities, contributing to U.S. critical metal independence. CEO Mac J. Shahsavar highlighted this addition as a significant step forward for the company's exploration success.

BrightRock Gold Corp. (OTC PINK:BRGC) announced significant results from its exploration program at the Midnight Owl Lithium Project, revealing high-grade lithium and rhodium intercepts. Key findings include:

• 1.21% lithium pegmatite at target 1408
• 8.71% lithium pegmatite at target 1411-4 VUG-#165
• 181 ppm rhodium at target 1409-3

Despite testing interruptions due to flooding, the company remains optimistic about future operations, focusing on planned drilling and permitting processes.

BrightRock Gold Corp. (OTC PINK:BRGC) has successfully staked an additional 1400 acres at its Midnight Owl Lithium Project, expanding its holdings by 68 unpatented lode claims over 2 square miles near Wickenburg, Arizona. This project targets lithium pegmatites that have been minimally explored since the 1940s. CEO Mac J. Shahsavar emphasized the challenges of staking in a desert environment and credited the team's meticulous work. BrightRock aims to leverage its assets strategically located near emerging battery plants, positioning itself as a significant lithium supplier.

BrightRock Gold Corp. (BRGC) announces a new video confirming an active water source and extensive surface mineralization of lithium at its Midnight Owl Mine project. CEO Mac J. Shahsavar highlighted that the year-round water source is crucial for mining development. The video also showcased pronounced surface deposits of lithium spanning multiple mining claims. Further assessments will be conducted to evaluate the grade and depth of these deposits. The project is strategically located near two under-construction battery plants.