The rally in gold prices in recent times has led to considerable attention for companies involved in the gold exploration space, and the situation is perhaps understandable. There are a number of gold exploration companies that would come into focus today, and one of those could be BrightRock Gold Corp. (OTC:BRGC). On Wednesday, the company entered the news cycle after it published its latest technical report that had been prepared by James Ingraffia, the in-house exploration geologist at BrightRock Gold Corp.
The company noted that the completed report represented a major step in having a better understanding of the pegmatite geology at the Midnight Owl project. It also laid the foundation for a deeper Phase 2 soil sample and exploration program based on the pegmatite strike that had been exposed towards the north-eastern portion of the claim block. The Chief Executive Officer of the company, Mac J. Shahsavar, spoke about the findings from the study. He noted that the team at the company was excited about the second report that had been prepared by the in-house geologist.
The study indicated that there was a pegmatite cross section that was around 200 feet thick at the Midnight Owl Lithium Project. He went on to note that the research that had been conducted in the study would help the company get guidance for its future work. The future work would also be inclusive of a Phase 2 sampling program at 200 meters of sample spacing from across the east to the west at the Midnight Owl property. The company is involved in the lithium exploration space and is currently involved in the revival of the Midnight Owl Mine as its flagship project. As per the historical records, the mine in question had been known as the Lithium King Mine in the past.
