A dominant precious metals explorer and developer focused on the Battle Mountain Trend, Nevada’s most prolific gold mining belt.
The three largest landholders in Nevada are Barrick, Newmont, and Kinross, collectively holding 44,000 claims (880,000 acres).
On an annual basis this costs these juggernauts $9.7M to hold, collectively. Compared to revenue from operations, this amounts to a rounding error, disincentivizing exploration activities and joint venture partnerships.