Coro Global Trillium Gold Mines And U.S. Gold Corp Set Sights On Record Gold Prices

Gold has taken the market by storm in 2020, rallying to record highs on investors turning to the precious metal given its safe-haven credentials. With the global economy showing no signs of recovery amid the COVID-19 pandemic, the precious metal looks set to continue powering high. Likewise, firms are moving with speed to leverage the high gold prices.

U.S Gold Corp Exploration Works

U.S. Gold Corp. (NASDAQ:USAU) is one of the company’s buoyed by the high gold prices that make its exploration activities highly viable. The company is moving with speed to complete feasibility studies of its CK Gold project, 25 miles of Cheyenne, Wyoming.

The company has embarked on drilling activities designed at gathering fresh mineral samples for metallurgical tests. Precious samples collected so far have indicated 26% copper and 89 g/t gold with little or no deleterious elements. Given the current market conditions that have seen gold prices power to $2,000 an ounce, U.S Gold Corp believes it’s PEA, and internal estimates of the project remain conservative.

Digital Gold Token

As U.S Gold Corp embarks on aggressive exploration activities, British company, Great Mountain Holding Group, has unveiled a digital gold token economic system based on blockchain technology. The new system is designed to bring new liquidity and ownership opportunities to the gold industries. The digital gold ecosystem is to serve the wider gold value chain especially on mining and production. The system leverages blockchain technology to enhance gold provenance and traceability.

CORO Gold App

The unveiling of the digital gold token comes hot on the heels of Coro Global Inc. (OTCQB:CGLO), securing a money transmitter license for its gold payment app CORO. The payment app is designed to allow users to exchange, send, and save gold and U.S dollars, easily and securely.

The CORO app is built on state of the art Hash graph Distributed Ledger Technology, thus making it highly resilient to cyber-attacks. Likewise, users will be able to send and receive money globally instantly at affordable rates.

Separately, The OTC Group has welcomed Trillium Gold Mines Inc. (TSX-V: TGM;OTCQX: TGLDF) to the OTCQX exchange. An upgrade to the OTCQX market opens the door for Trillium Gold to gain exposure to the U.S and global investors.

By reading our website you agree to the terms of our disclaimer, which are subject to change at any time. Owners and affiliates are not registered or licensed in any jurisdiction whatsoever to provide financial advice or anything of an advisory nature. Always do your own research and/or consult with an investment professional before investing. Low priced stocks are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold us, our editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters, website, twitter, Facebook or chat. We do not advise any reader to take any specific action. Our releases are for informational and educational purposes only. Never invest purely based on our articles. Gains mentioned on our website, twitter, Facebook, and on our website may be based on EOD or intraday data. We may be compensated for the production, release, and awareness of this article. We will disclose any and all compensation on the article page. This publication and its owner never hold positions in the securities mentioned in our articles. Our information may contain Forward-Looking Statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site. The information in our disclaimers is subject to change at any time without notice. We are not held liable or responsible for the information in press releases issued by the companies discussed in these write-ups. Please do your own due diligence