- Gold prices continue to rally due to economic conditions resulting from COVID-19 and other global events
- Gold prices rose by nearly 20% in 2019, projected to continue in 2020
- KGS increasing gold production at historic gold mining sites using new technologies
- Company entered into option agreements to obtain 100% ownership of Mohave Project and Cadillac East Property
Gold investment continues to increase as a result of the current economic landscape characterized by record unemployment, stock market volatility, and trillion-dollar stimulus packages that are sending public debt to unprecedented levels. Kingman Minerals (TSX.V: KGS), a Canada-based mining company engaged in the acquisition, exploration and development of gold and silver properties in North America, is set to benefit from this trend as investors continue to divert significant holdings into precious metals as a defensive measure against inflation, currency devaluation and the falling value of less tangible assets.
Gold prices rose by as much as 20% in 2019 to a peak of $1,549 per ounce by…
NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at http://nnw.fm/KGS
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.