Kingman Minerals Ltd. (TSX.V: KGS) Positioned to Profit as Gold Price Rallies Amid Recession Fears and Trillion-Dollar Government Deficits

July 23, 2020 12:38:21
  • 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…

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NOTE TO INVESTORS: The latest news and updates relating to KGS are available in the company’s newsroom at

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