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Valor Gold (OTCBB: VGLD)
VGLD is neighbored by some rock stars in the mining industry. VGLD is 20 miles or less from multiple mines owned by Newmont and Barrick Gold, which are two out of the top three gold producers. The great companies that VGLD is surrounded by doesn't even stop there with these two producing giants, but goes on with Paramount Gold and Silver, Premier Gold and Silver, and Allied Nevada Gold Corp.
In short, this makes VGLD's Battle Mountain location nothing less than the Park Avenue of gold exploration addresses.
Because VGLD has one of the largest claim holdings and defined drill targets in this prolific gold district, it is an excellent opportunity for world-class shareholders and investors to be involved in the potential discovery of a new, major gold district.
The Battle Mountain-Eureka Gold Trend is one of the most prolific gold belts in Nevada. CEO Arthur Leger feels the gold belt has not been fully explored and believes that it may eventually surpass the Carlin Gold Belt in gold production which has 3,100 tons of gold according to the U.S Geological Survey. Because gold deposits often cluster, when a significant gold discovery is made, usually anywhere between 2 to 5+ million oz of gold, it is not unusual to find even more. VGLD's lead geologist feels that their Red Rock property could contain two or more world class gold deposits which would be greater than 5 million oz of gold.
VGLD has attracted the attention of major investors such as billionaire investor, Dr. Phillip Frost a man who was recognized by Forbes as the 188th richest man in America. He is one of VGLD's largest shareholders.
VGLD recently added two senior geological advisers to their exploration team: Odin Christensen, former head of exploration for Newmont Mining and Winthrop Rowe, former District Manager, Senior Geologist and Project Manager for the 32.5 billion dollar mining giant Freeport-McMoran Copper & Gold Company. VGLD's head geologist has spent the bulk of his career dedicated to gold and precious metals exploration and mining in Nevada on his own and as well for companies like Gold Fields Mining, Cameco Gold, and Cyprus Metals Exploration. He was an integral part of a Gold Fields team that discovered more than 10+ million ounces of gold. Gold Fields today is worth over 9.5 billion dollars.
As an added benefit, one of VGLD's largest shareholders is Pershing Gold Corp who owns 40% of VGLD.
Drill Targets Identified
At Red Rock property, VGLD has identified two targets: One is a shallow open-pit section, the other target that is currently being explored is an underground Carlin-type deposit. If VGLD "hits" a Carlin-type gold deposit, the strike could potentially yield a world-class gold occurrence of over five million ounces. It would be the kind of discovery that could create a $700 million dollar company over night. This would be very similar to what happened to their neighbor Barrick Gold at their recently discovered Cortez Hills gold deposit.
VGLD is right in the middle of this massive district of resource deposits which is why it is referred to as "Elephant Country."
- Just to the West is the 6-8 million ounce historic McCoy-Cove gold-silver deposit.
- To the North, is Newmont's Phoenix mine with over 8-10 million ounces of gold.
- To the East, is Barrick Gold's world class Pipeline and Cortez Hills discoveries of over 30 million ounces.
North Battle Mountain is another one of VGLD's targets. This prospect is located in Lander County along the Northern Nevada Rift just north of the town Battle Mountain which is on a gold belt containing at least 8 million known ounces of gold.
There is opportunity in VGLD!!!
Everyone knows that junior explorers are a risky investment, but the risk/reward ratio is priced accordingly. If they strike what it is that they are looking for, we could be looking at substantially higher price points!!! We anticipate great things in VGLD and want our members to take the time to research VGLD.
For more information, visit ValorGold.com...
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