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Mining & Metals London BTC

London BTC stakes second Nevada gold project after bonanza-grade rock chip

London BTC Company has staked the Amonett-Frank gold-silver project in Pershing County, Nevada, after due-diligence rock chips returned up to 52.66 g/t gold and 88.3 g/t silver.

by tickstock newsroom
The image features a gold ingot marked with the symbol 'Au', positioned next to raw gold ore. The contrasting textures of the smooth ingot and the rough gold ore are highlighted against a dark background, emphasizing the theme of precious metals. aiImage created using AI — ChatGPT

London BTC Company (LSE:BTC) has staked the Amonett-Frank gold-silver project in Pershing County, Nevada, marking its second US gold project after rock-chip assays returned bonanza-grade 52.66 g/t Au and 88.3 g/t Ag.

The project comprises 18 unpatented mineral claims covering 371.88 acres (1.5 km2) approximately 31 miles south of Winnemucca and approximately 50 miles south of the company's Huntington-Whitman project, expanding its Nevada footprint.

Due diligence and a 20-sample rock-chip programme were conducted by Schiehallion Consulting in May 2026, samples were analysed by MSALABS using Chrysos PhotonAssay with selected follow-up Fire Assay planned, and highlighted assays include BTCRK26 52.66 g/t Au/88.3 g/t, BTCRK18 15.73 g/t Au/49.3 g/t, BTCRK19 1.74 g/t Au/11.2 g/t and BTCRK34 0.69 g/t Au/23.2 g/t Ag.

Amonett-Frank is recorded by the USGS as a past gold-silver producer (discovered 1933, initial production 1935), hosts historical workings of two shafts, two adits and seven prospect pits along a north-south epithermal quartz vein trend and offers roughly 1.6 km of untested strike for immediate follow-up and drill-ready target generation.

"These are exceptional gold and silver grades, and we are pleased to add this second gold project to our portfolio so quickly following the staking of the Huntington-Whitman project," said David Lenigas, the Company's Chairman.

Next steps include comprehensive rock-chip sampling of all historical workings, detailed geological mapping to define extensions of epithermal mineralisation, compilation of geoscientific data to produce drill-ready targets and continued low-cost staking across Nevada and Arizona with further assay results and project updates to follow.

by tickstock newsroom

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