We are following Zacapa Resources (TSXV: ZACA) closely. Besides Gold Bull Resources (TSXV: GBRC), ZACA is the only super low market cap gold explorer with massive upside. ZACA has received final permits for a 3,000m drilling program that is expected to commence next month in the center of the Beatty District at their South Bullfrog Project. As you know, the Beatty District is Nevada's #1 largest new gold district with four new gold mines set to be constructed over the next few years... two by AngloGold Ashanti (AU) and two by Augusta Gold (TSX: G).
ZACA just needs to drill one lucky discovery hole and it becomes a 10-bagger!
It is higher risk than GBRC because they don't have an existing gold resource to fall back on, but if one of their drill holes hits something big ZACA will become the #1 biggest story of 2023!
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. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 194,200 shares of G in the open market and intends to buy more shares. NIA has received compensation from ZACA of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.