London BTC Shares Jump on Nevada Gold Find
London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) saw its shares jump by 10% to 1.6p after it announced a rock chip sample grading 143.1 grams of gold per tonne from its Amonett-Frank project in Nevada.
The company has been building a gold exploration business alongside its bitcoin mining operations, chaired by David Lenigas.
The main market-listed company cautioned that the samples discussed are selective and carry a high potential for bias, and should not be taken as representative of the wider mineralised structure.
Amonett-Frank comprises 18 unpatented claims over 372 acres in Pershing County, roughly 31 miles south of Winnemucca, and covers two historical shafts, two adits and seven prospect pits.