- Gold nearly hits ten-year high of $1921, last seen in 2011
- Investors continue shifting capital to gold due to economic effects of COVID-, other geopolitical events
- KGS increasing gold production by revitalizing historic gold mining sites, extracting remaining wealth with modern technology
- KGS recently commissioned two gold exploration programs to be completed by Burgex Inc.
As central banks continue firing up the printing presses, investors are responding by diverting large amounts of capital into safe-haven assets like gold, driving the price closer to its 10-year record high of $1921 (http://nnw.fm/Mt9Zg). The upending of the global economy by geopolitical events like COVID-19 continues to drive the market towards precious metals like gold, along with increasing interest in mining companies like Kingman Minerals (TSX.V: KGS). With a strategic focus on the acquisition, exploration and development of gold and silver properties in North America, Canada-based KGS is positioned to benefit from the increased shift towards gold investment through new drilling campaigns aimed at increasing production.
The price of gold continues to rally amid inflation fears, geopolitical tensions and a weakening U.S. dollar, driving investors worldwide to shift assets into gold as a defensive measure. KGS is positioned to profit from these gold price rallies through its acquisition strategy that aims to revitalize historic mining sites and extract the remaining gold left behind through the use of…
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://nnw.fm/KGS
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