Issue link: http://resourceworld.uberflip.com/i/1207716
F E B R U A R Y / M A R C H 2 0 2 0 www.resourceworld.com 37 ern US. Extensively explored by Placer Dome in the 1990s, the property contains an Inferred Resource of 651,000 oz gold. Mineralization is open in all directions and at depth, the company said. Gold Resource Corp. [GORO-NYSE] is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada. The company recently said it expected to produce 38,400 ounces of gold and 1.7 million ounces of silver in 2019. Production is generated from the Isabella Pearl Mine in Mineral County, Nevada and the Oaxaca Mining Unit in Mexico. Gold Resource recently reported a third quarter, 2019 profit of $3 million or $0.05 per share. Gold Springs Resource Corp. [GRC- TSX; GRCAF-OTC], formerly Tri-Metals, is focused on exploration and expansion of the gold and silver resources at its Gold Springs Project in Nevada and Utah. The company believes Gold Springs has the potential to host multi-million-ounce gold and silver resources. Goldcliff Resource Corp. [GCN-TSXV] is currently funding engineering and per- mitting activity on the Pine Grove, Nevada gold project through a 40% joint venture interest. Goldcliff can buy a 100% inter- est in the Nevada Rand Project in Nevada from Nevada Select Royalty LLC, a wholly- owned subsidiary of Ely Gold Royalty Inc. for US $250,000 over four years. Pine Grove is a low to intermediate sulphida- tion epithermal target located in Mineral County, Nevada, about 35 km northeast of Hawthorne. Golden Lake Exploration Inc. [GLM- CSE] is a mineral exploration company that aims to develop properties of merit and to advance exploration on the Jewel Ridge property at the south end of Nevada's Battle Mountain – Eureka trend. Golden Lake CEO, Mike England, said the com- pany is engaging an experienced team of technical experts who are familiar with Nevada and Carlin-type deposits as the property contains multiple targets with Carlin-type mineralization. Integra Resources Corp. [ITR-TSXV; IRRZF-OTCQX] recently raised $32 million to fund exploration and a pre-feasibility study at the company's DeLamar gold and silver project in southwestern Idaho. Integra acquired the project from Kinross Gold Corp. [K-TS; KGC-NYSE] in September, 2017 for $7.5 million in cash and issued a number of shares equal to 9.9% of Integra's outstanding equity. K2 Gold Corp. [KTO-TSXV; KTGDF- OTC] announced an option to acquire 100% of the Mojave gold project in California last July. The project is 230 km northwest of Las Vegas and 100 km west of the Nevada-California border. Highlights of historical drillings include 13.7 metres of 2.4 g/t gold, 53 metres of 0.55 g/t gold and 99 metres of 1.1 g/t gold. The best trench result to date is an undrilled section of the Dragonfly area where 42.7 metres of 4.2 g/t was reported by Great Bear Resources in 2013. A two-phase, US $350,000 explora- tion program was initiated at Mojave in December 2019. Phase 1 is complete with results pending. Phase 2 started mid-Jan- uary. The two-phase exploration program comprises hand trenching/channel sam- pling, rock and soil sampling, ground magnetics, LiDAR, and a remote sensing WESTERN USA