Augusta Gold Corp (AUGG)

[southern belle]

more from the BFGC website: Bullfrog Gold Project, Nevada

The Bullfrog Gold Project is located in the prolific Walker Trend about 120 miles NW of Las Vegas, Nevada and has excellent infrastructure. Barrick Gold Corp. produced 2.1 million ounces of gold during the 1990’s from the main Bullfrog open pit, the northern one third of which is now controlled by the Company. The Company's lands also include the entire Montgomery-Shoshone (M-S) deposit, from which Barrick produced an additional 220,000 ounces of gold. The M-S area also produced 70,000 ounces averaging 0.47 gold ounce per ton from underground mining operations in the early 1900's.

In October 2014 the Company executed an option to purchase 12 strategic patented claims located adjacent to the Company’s lands and that include the north-east half of the M-S open pit mine. In March 2015 the Company exercised a lease/option to purchase 6 patented claims, 20 unpatented claims and 8 mill site claims from Barrick Bullfrog Inc. The Company now has a logical land unit and an extensive data base to support its exploration and development programs.