BrightRock Gold Corp (OTCMKTS:BRGC) Stock Continues To Trend Higher

On Monday BrightRock Gold Corp (OTCMKTS:BRGC) was in focus after it announced that it had managed to expand its presence at the Midnight Owl Lithium Project by 185%. Following the expansion as much as 4075 acres is now controlled by the company spread across a total of 197 lode claims.

Trading Data

On Monday, BRGC stock rose 2.98% to $0.3939 with more than 123.45K shares, compared to its average volume of 89.87K shares. The stock moved within a range of $0.3625 – 0.3988 after opening trading at $0.3650.

BrightRock Gold Corp. Announces Midnight Owl Lithium Project Expansion, Increasing Ownership From 69 to 197 Lode Claims

The company holds 100% ownership rights to the entire area. It was back in September last year that the company had made the plans for the expansion and in April 2023 it was finally completed. BrightRock Gold Corp also announced that the entire expansion plan could be executed thanks to the efforts that had been put in by Steven Cyros, who is the company’s head of exploration. The company had also been assisted in its plan by Red Beryl Mining Company Inc.

James Ingraffia, the company’s in-house geologist had published the technical report titled ‘Exploration Plan, Exploration Methods, and Pegmatite Geology on the Midnight Owl Lithium Project’. That had functioned as a major source of guidance and had provided the essential outline for the finalization of the expansion efforts from BrightRock. The company noted that there was evidence of extensive lithium mineralization.