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BrightRock Gold Corp (OTCMKTS: BRGC) Lithium Miner Owner of High-Grade Lithium Mine, Midnight Owl Mine in Arizona Rockets Up the Charts

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BrightRock Gold Corp (OTCMKTS: BRGC) has been one of the biggest movers on the OTC in 2022 so far starting off in January at $0.02 the stock has risen steadily and now trades close to $0.20 per share. Earlier this year BrightRock acquired 100% ownership of the “Midnight Owl Mine”, previously known as “The Lithium King Mine” from Red Beryl Mining Company located approximately 13 miles east of Wickenburg, Arizona. The Midnight Owl Mine was one of the prominent mines in the White Picacho District known for its lithium deposits. Past Production records with the USGS indicate high grade Lithium and Beryllium recovery from Midnight Owl Mine. According to the USGS, reserves are still present Midnight Owl Mine and are expected to be deeper than the previously mined ore.  

The Midnight Owl Mine is strategically located within close driving distance to 2 industry giants in battery production. KORE Power is currently building a massive million square ft facility, capable of producing up to 12 gigawatt-hours (GWh) of battery cell production enough to power around 3.2 million households annually called the KOREPlex. In addition, LG Energy Solutions, a supplier for electric car makers Tesla and Lucid, recently announced their plans for a 1.4 billion dollar investment in Queen Creek, Arizona approximately 70 miles from the Midnight Owl Mine .  

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BrightRock Gold Corp (OTCMKTS: BRGC) operating out of Gurnee, Illinois is an emerging lithium producer with a goal of becoming a 100% domestically sourced and focused Lithium mining company. Earlier this year BrightRock acquired 100% ownership of the “Midnight Owl Mine”, previously known as “The Lithium King Mine” from Red Beryl Mining Company located approximately 13 miles east of Wickenburg, Arizona. The Midnight Owl Mine, Deposit 10027532 in the Mineral Resource Data System of the USGS is a 20.66 acre claim and past producer in Yavapai County, Arizona. Past Production records with the USGS indicate high grade Lithium and Beryllium recovery from this site. According to the USGS, reserves are still present at this location and are expected to be deeper than the previously mined ore.  

The Midnight Owl Mine, also known as the “Lithium King” was one of the prominent mines in the White Picacho District known for its lithium deposits.  

Midnight Own Mine History: 

Arizona hosts a significant quantity of pegmatite mineral deposits that have served as commercial sources of beryl, feldspar, lithium, mica, tantalum, tungsten, and quartz. Significant production in Arizona began after World War 2, as lithium-bearing pegmatites were extensively sought after leading to the discovery of the Arizona pegmatite belt extending from Lake Mead south to Kingman and southeast to Wickenburg, measuring 250 miles in length and averaging 55 miles in width. Located 10 miles east of Wickenburg and 45 miles northwest of Phoenix, sits the White Picacho District, the southern part of the Arizona pegmatite belt. 

“The Midnight Owl Mine, also known as the “Lithium King” was one of the prominent mines in the White Picacho District known for its lithium deposits.” The district and mine are best described in the Arizona Bureau of Mines Bulletin No. 162, “Pegmatite Deposits of the White Picacho District” (Nov. 1952). Quoted Below: 

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BRGC

“Intermediate zones. -An intermediate zone is any zone between the wall zone and the core, which generally occurs at or near the center of the containing pegmatite body. There is no theoretical limit to the number of intermediate zones that could be present in a single pegmatite body, but only a few bodies, like the North Morning Star and the Midnight Owl, contain more than three such units. Many of the pegmatites in the district contain one or two intermediate zones, and many others appear to contain none of these units, and hence consist only of border zones and cores, or of border zones, wall zones, and cores.” 

“Intermediate zones constitute the major source of lithium minerals in the district and include such major-mineral combinations as quartz~spodumene, quartz-amblygonite, quartz-perthite amblygonite, quartz spodumene–perthite, and quartz-spodumene. Most of these units are characterized by truly giant textures, and individual crystals commonly are 4 feet or more in maximum dimension. A few spodumene~-bearing intermediate zones, though coarse to very coarse grained, nevertheless are distinctly finer and more even grained than the typical giant-textured units. Such zones occur in the outer parts of several markedly bulbous pegmatites of which the North Morning Star, Lower Jumbo, and Midnight Owl are good examples.” 

“Quartz-spodumene and quartz-amblygonite aggregates form separate zones in some· pegmatite bodies, like the North Morning Star and the Sunrise, whereas in others, like the Midnight Owl, the two lithium minerals are present in the same zones and hence could be recovered in the mining of single blocks of ground.” 

“The lithium minerals in these innermost zones form some very large crystals. Many of the spodumene logs and laths are at least 3 feet long, and a few are as much as 11 feet long and 10 by 18 inches in section.” 

“At least 1,800 tons of pegmatite that contains approximately 8 percent of coarse-grained spodumene appears to be present to a depth of about 30 feet, and the reserves may prove to be much greater when the vertical dimensions of the intermediate zones this and the central bulge, and in at least three exposures with cent to 40 per cent of the border zone and wall zone in both this and the central bulge, and in at least three exposures with areas of 40 square feet or more this mineral forms approximately 6 percent of the rock.” 

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Currently trading at a $62 million market valuation BRGC has virtually no debt with just over $200k in liabilities meaning there are no convertible notes in play. In April the Company announced a reduction of 500,000,000 shares of its outstanding common stock. The company’s total outstanding Common Trading shares after this 500,000,000 share cancellation is 300,098,000 for a total reduction of 62%. It is easy to get excited about BRGC; the Midnight Owl Mine was one of the prominent mines in the White Picacho District known for its lithium deposits. Past Production records with the USGS indicate high grade Lithium and Beryllium recovery from Midnight Owl Mine. According to the USGS, reserves are still present at this location and are expected to be deeper than the previously mined ore. The global lithium market has seen prices moving to new record highs almost daily, boosted by limited supply and good demand. This strength is expected to continue, as supply tightness persists and demand for electric vehicles continues to grow We will be updating on BRGC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with BRGC.

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Disclosure: we hold no position in BRGC either long or short and we have not been compensated for this article.

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Emerging Markets

Aclarion Inc (NASDAQ: ACON): A Breakthrough Partnership

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Aclarion, Inc. (NASDAQ: ACON) shares rocketed 157% Tuesday morning after their commercialization agreement with the London Clinic.

Aclarion, Inc. (NASDAQ: ACON) shares rocketed 157% Tuesday morning after their commercialization agreement with the London Clinic. The London Clinic is UK’s most renowned independent, private hospital, established 1932 with their Spine Clinic being the first specialist spinal unit based in England back in 1997.

“With a focus on providing the very best healthcare outcomes, The London Clinic is an ideal customer for Aclarion as the company works to deliver the Nociscan solution to physicians and patients around the world,” said John Sutcliffe MD, Neurosurgeon and Founder of London Spine Clinic. “The engagement with Aclarion will allow London Spine Clinic to continue offering the high-quality care our patients have come to expect. Patients need a careful assessment, diagnosis, and understanding of the different treatment options. Aclarion’s innovative Nociscan solution will enable us to objectively assess biomarkers associated with low back pain and enhance the precision of each diagnosis.”

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Aclarion, Inc.’s Nociscan Technology is an innovative medical solution that aims to revolutionize the diagnosis of disc-related conditions. They leverage biomarkers and proprietary augmented intelligence algorithms to help physicians identify the location of chronic low back pain.

What’s exciting is its advantages over the current standard of care. It offers a non-invasive approach, ensuring patient comfort and safety. Given it’s non-invasive, that also means 0 pain with 0 radiation (typically associated with traditional discography). The best part is it can seamlessly integrate into standard lumbar MRI protocols, making it a convenient and efficient option for healthcare providers. 

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The procedure takes approximately 25-45 minutes, thoroughly evaluating spinal discs without compromising accuracy. Additionally, Nociscan technology offers significant cost savings, with a list price of $1,450, making it an affordable alternative to traditional discograms. Overall, Aclarion, Inc.’s technological advances represent a significant push forward in disc-related diagnostic techniques, prioritizing patient well-being, convenience, and affordability.

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Nociscan Study

They also recently completed a study that spanned two years and involved 78 patients at a single site. The success rate soared to an impressive 85% for patients whose treatment strategy aligned with the disks identified by Nociscan. This represented a remarkable 22% improvement over patients whose treatment strategy did not consider the insights provided by Nociscan.

Aclarion expressed confidence that the results of the trial demonstrate the potential of Nociscan to assist physicians in successfully treating DLBP. Dr. Matthew Gornet, orthopedic surgeon and lead author of the study, enthusiastically endorsed Nociscan, stating, “The two-year surgical outcomes of the clinical trial provide unequivocal evidence of its effectiveness, particularly with regards to the primary endpoint, the Oswestry Disability Index (ODI). I firmly believe that Nociscan has the potential to revolutionize the standard of care and accurately aid all physicians treating chronic low back pain.”

It is worth noting that although Nociscan was performed on all patients in the study, it was not part of the surgical decision-making process, as highlighted by the company.

Conclusion

The commercial agreement between Aclarion, Inc. and the prestigious London Clinic signifies a significant milestone for both parties, carrying the potential for global recognition, revenue growth, and scalability. By integrating Aclarion’s innovative Nociscan Technology, the London Clinic demonstrates its commitment to delivering cutting-edge healthcare to optimize patient well-being and enhance clinical outcomes. Furthermore, the partnership’s success holds the potential for scaling Nociscan Technology to other institutions and markets, propelling Aclarion, Inc. to become a global leader in non-invasive medical technologies while driving substantial revenue growth.

We will update you on ACON when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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Aemetis Inc. (NASDAQ: AMTX) Pioneers Renewable Fuel Market with EPA Approval

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Aemetis (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the EPA.

Aemetis, Inc. (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the U.S. EPA to generate renewable identification numbers (RINs) under the federal Renewable Fuel Standard. They have six dairy biogas digesters up and running, with a seventh one scheduled to start operating in June 2023.

Aemetis plans to generate multiple sources of revenue from its renewable natural gas. They will sell the gas to replace petroleum diesel in transportation, sell California Low Carbon Fuel Standard credits to fuel blenders who need to meet carbon reduction requirements in California, sell the RINs generated under the federal Renewable Fuel Standard, and benefit from production tax credits starting in 2025 under the Inflation Reduction Act.

They have completed constructing and operating six dairy digesters, a biogas pipeline spanning over 40 miles, a central facility to upgrade biogas to renewable natural gas, and a utility pipeline interconnection unit. The renewable natural gas is injected into the utility gas system and stored underground until Aemetis Biogas obtains carbon intensity (CI) pathway approvals from the California Air Resources Board (CARB) to sell credits under the California Low Carbon Fuel Standard.

They have already completed 90 days of renewable natural gas production and data collection required for the CARB approval process. While the final pathway is under review by CARB, Aemetis can use a temporary CI pathway with a value of -150, allowing them to start generating revenue in the third quarter of 2023.

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Andy Foster, the president of Aemetis Biogas Inc., expressed excitement about the approval of Aemetis Biogas for generating D3 RINs, as it marks a significant milestone towards generating full product revenue. He emphasized that the company’s investments since 2019 have directly reduced greenhouse gas pollution, improved air quality in Central Valley communities, and created jobs. Aemetis is committed to expanding their network of dairy digesters and producing more carbon-negative renewable natural gas to replace petroleum diesel.

The dairy digesters, pipeline project, and biogas-to-RNG facility funding includes grants from the California Department of Food and Agriculture and the California Energy Commission. Aemetis also closed a $25 million long-term financing deal with Greater Commercial Lending last fall, supported by a loan guarantee from the USDA. This project financing has a low fixed interest rate for the first five years and spans over 20 years.

Aemetis has plans to file applications for an additional $100 million of loans from the USDA’s REAP loan program. These funds will support the engineering, permitting, and construction of 31 more dairies. Each loan application will be limited to a maximum of $25 million and carry a 20-year repayment term.

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Where could Aemetis, Inc. (NASDAQ: AMTX) be in 5 years?

The company has an ambitious Five Year Plan to generate substantial revenue and reduce air and carbon pollution. The plan projects $2.0 billion in revenues, $496 million in net income, and $682 million in adjusted EBITDA by 2027, with strong compound annual growth rates. Aemetis aims to expand its operations by producing Renewable Natural Gas (RNG), Sustainable Aviation Fuel (SAF), Renewable Diesel fuel (RD), and other low-carbon products. The plan emphasizes the positive financial impact of the Inflation Reduction Act.

The plan highlights the financial benefits of the Inflation Reduction Act, which enables the transfer of tax credits and incentives related to production, projected to improve net income by $341 million in 2027.

The plan also focuses on revenue growth in all product lines, including expanding the dairy RNG business, constructing a renewable jet/diesel plant, implementing carbon sequestration, and improving energy efficiencies. 

The company has already achieved significant milestones, such as completing biogas pipeline construction, upgrading facilities for biogas-to-RNG production, and progressing in carbon sequestration and renewable jet/diesel plant development. The company has also secured a biodiesel purchase agreement in India and made strides in constructing a solar microgrid and implementing energy-efficient measures.

We will update you on AMTX when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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GSI Technology, Inc. (NASDAQ: GSIT): Pure AI Play Transforming Semiconductor Memory Solutions for Efficient AI Processing

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GSI Technology, Inc. (NASDAQ: GSIT) has witnessed a significant surge in its stock price, from $1.62 to $3.84, at the time of writing on Friday, May 12.

GSI Technology, Inc. (NASDAQ: GSIT) has witnessed a significant surge in its stock price, from $1.62 to $3.84, at the time of writing on Friday, May 12. This represents an impressive 137% increase; the volume has been off the hook. If you look at their historical chart, $GSIT had meager volume, sometimes as low as 300 shares traded in a day. If you do the math, that’s less than $500 worth of shares traded in a day – safe to say it was virtually illiquid.

So what happened, and what drove the stock to trade 50M shares with filings or news releases?

After an in-depth examination, GSI Technology, Inc. appears to have experienced a notable turning point in its market trajectory. The catalyst for this transformation was the company’s prominent feature on Fox News, triggering an exponential dissemination of information across various platforms. It is worth highlighting an intriguing phenomenon that tends to transpire in such circumstances: purchasing shares often induces a ripple effect, encouraging further buying activity.

With Fox News bringing the company into the spotlight and stimulating investor interest, a domino effect occurred among astute day traders who eagerly seized the opportunity to partake in this promising venture. Consequently, the trading volume for GSI Technology, Inc. skyrocketed to unprecedented levels, surpassing all previously recorded thresholds.

This surge in volume stands as a testament to the immense enthusiasm that enveloped the market as traders recognized the tremendous potential inherent in $GSIT. This collective enthusiasm resulted in an extraordinary demonstration of market engagement, reflecting a widespread acknowledgment of the company’s significance and the opportunities it presents.

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This development showcases the power of influential media coverage and underscores the intriguing dynamics that can arise when investor sentiment aligns with a compelling market narrative.

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Founded in 1995, GSI Technology Inc. has established itself as a prominent provider of semiconductor memory solutions. The company is focused on introducing new products that capitalize on its core strengths, which include radiation-hardened memory products for extreme environments and Gemini, an advanced processing unit (APU) designed to enhance performance in various artificial intelligence (AI) applications. Headquartered in Sunnyvale, California, GSI Technology operates sales offices in the Americas, Europe, and Asia.

GSI Technology is on the verge of reporting its earnings next week, and the company operates in the storage business, which supports the development of highly efficient AI chips. Traditionally, computing involves separate chips for storage and computation, necessitating frequent data exchange. This process incurs significant power consumption and presents scalability challenges.

To address these limitations, GSI Technology has developed a groundbreaking solution called In-memory processing. This innovation substantially reduces computation time from minutes to seconds, milliseconds, or even microseconds. Notably, it also significantly diminishes power consumption and overall cost of ownership. The key to this improvement lies in the massive parallel data processing offered by GSI’s technology, featuring two million-bit processors per chip compared to thousands found in standard graphic processing units (GPUs). Consequently, the system becomes more scalable, enabling efficient and accelerated AI processing.

By streamlining the computing process and integrating storage and computation on a single chip, GSI Technology aims to revolutionize AI processing. This approach offers notable benefits regarding power efficiency, computational speed, and scalability, making it an attractive solution for a wide range of AI applications.

In conclusion, GSI Technology, Inc. is poised to deliver innovative semiconductor memory solutions emphasizing AI chip development. The company aims to reduce computation time, power consumption, and total ownership cost through its In-memory processing technology while significantly improving scalability. With its upcoming earnings report, investors and industry observers will closely watch the company’s progress in the storage business and AI chip development.

We will update you on GSIT when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening with GSIT.

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Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

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