Patriot Gold Corp. (CSE:PGOL) (OTC:PGOL) Las Vegas, Nevada – Patriot Gold Corp. (“Patriot”) provided the following update today to shareholders.
The Moss Mine, owned by Northern Vertex Mining Corp. (“Vertex”), has now entered production with the announcement of its first gold pour. Vertex also announced funding of $2,000,000 CDN for continued exploration and a commitment of up to $100 million USD for continued acquisition and development.
Patriot owns a 3% royalty on the Moss Mine.
In other business, Patriot is exploring its 100%-owned Windy Peak gold project in Nevada, and has announced permitting is in place for a drilling program. Patriot has identified several drilling targets, and is in the process of selecting a drilling contractor. The Windy Peak gold project (“Windy Peak”) is situated in a gold-producing region which hosts such deposits as the Paradise Peak and Rawhide.
About Patriot Gold Corp
Patriot is exploring its 100%-owned gold projects in Nevada, which include the Vernal project and the Windy Peak project. Patriot owns a 3% royalty in the Moss Mine in Arizona, now commencing commercial production. Patriot also owns a 2% royalty in the Bruner gold project in Nevada.