President Trump has issued an executive order designating gold as a critical mineral and demanding that the U.S. increase its production of critical minerals!
Trump ordered, "Within 10 days of the date of this order, the head of each executive department and agency (agency) involved in the permitting of mineral production in the United States shall provide to the Chair of the NEDC a list of all mineral production projects for which a plan of operations, a permit application, or other application for approval has been submitted to such agency. Within 10 days of the submission of such lists, the head of each such agency shall, in coordination with the Chair of the NEDC, identify priority projects that can be immediately approved, or for which permits can be immediately issued, and take all necessary or appropriate actions within the agency’s authority to expedite and issue the relevant permits or approvals."
This is huge for AngloGold Ashanti (AU)'s North Bullfrog Gold Project and Augusta Gold (TSX: G)'s adjacent Bullfrog Gold Project.
It looks like the Beatty Gold District is about to go into production a lot more quickly than we expected! Click here to read the executive order!
When Barrick Gold operated Augusta Gold (TSX: G)'s Bullfrog Gold Mine in 1997 it was the 12th largest producing gold mine in the United States! Click here to see for yourself!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.