BrightRock Gold Corp (OTC:BRGC) Stock Gains Momentum: Here is Why

In August 2023 BrightRock Gold Corp (OTC:BRGC) had engaged SpecTIR LLC and that had borne results immediately. SpecTIR had produced the first of its kind path breaking spodumene discovery of significant magnitude at the company’s Midnight Own Property located near Wickenburg in Arizona. It had been discovered through the utilization of long wave infrared hyperspectral survey.

Yesterday the company announced that interpretation of the hyperspectral imagery collected by SpecTIR continued apace. BrightRock Gold Corp noted yesterday that the path breaking process employed by SpecTIR had managed to throw up a new source for the exploration of hard rock lithium resources. It also marked the first direct spodumene grade lithium detection from an airborne commercial survey.

SpecTIR had managed to execute the collection of hyperspectral imaging data with a resolution of around 3 feet and that adhered to military level standards as well. In essence, SpecTIR had managed to identify lithium rich pegmatites through use of its long wave infrared Aerial Fixed Wing Survey.

BrightRock Gold Corp. noted yesterday that in August this year, the initial findings revealed the existence of a major spodumene deposit at the bottom red zone of the property. The high-resolution images that had been obtained recently by SpecTIR displayed a dense spodumene distribution underneath the blue area. That was an indication of the possibility of the presence of a wider and larger deposit of lithium that would extend throughout the quartz.

The Chairman and Chief Executive Officer of BrightRock Gold Corp Mac J Shahsavar spoke about the latest development as well. He noted that the latest mapping provided a much clearer reflection of the density as well as the extent of the spodumene deposits. The latest findings would remove the possibility of any kind of guessing from the job of the geologist in the near term.

Ian Leigh

Ian Leigh is a specialist in analyzing stocks, SEC and OTC filings, and financials of public and privately-held companies. He has played a significant role in M&A activity, consulting with publicly-held firms on acquisitions and divestitures. He also consults on valuations and branding. He lectures at major universities and teaches at specialty financial schools.