Austin Gold Corp.
High-Potential Gold Projects with Proven Leadership
Published: 11/8/2024
Author: FRC Analysts
*See important disclosures at the bottom of this reportSector: Basic Materials | Industry: Gold
Ticker Symbols:
AUST - AMEX 🔹
- Austin Gold has assembled three pre-resource stage gold projects in the U.S., including two in Nevada (Lone Mountain and Kelly Creek), and one in Oregon (Stockade Mountain). Nevada is one of the most attractive mining jurisdictions in the world.
- Management and the board own 50% of AUST’s equity, and bring extensive experience in resource exploration, development, production, and M&A. Their past deals include: a) Pretium Resources, acquired by Newcrest Mining for $2.8B in 2022; b) Silver Standard Resources (now SSR Mining/NASDAQ: SSRM/MCAP: $1.2B); and c) Uranerz Energy, acquired by Energy Fuels Inc. (NYSE: UUUU) in a $320M business combination in 2015.
- At the Stockade Mountain gold-silver project, past exploration has identified a gold mineralized zone extending 5.5 km along strike, and 1.0 km in width. The project is prospective for low-su