May 7, 2024 — Dennis Higgs, President, and Director of Austin Gold Corp. (NYSE American: AUST), shared insights into the company’s genesis and strategic vision in an interview with InvestorNews host Tracy Weslosky. Higgs reflected on the catalyst for founding Austin Gold in 2020, citing the experience and market sentiment of key team members, including Joseph Ovsenek, Kenneth McNaughton, and himself, who previously spearheaded multibillion-dollar ventures. The company’s IPO in 2022 saw significant success, raising $15 million and positioning Austin Gold as a notable player in the gold exploration sector.
Higgs elaborated on the company’s key projects in Nevada and Oregon, highlighting the promising results from the Stockade Mountain project. Discussing the geological potential, he emphasized the pursuit of high-grade vein systems beneath known mineralization. Moreover, Higgs shed light on Austin Gold’s unusual listing on the NYSE American, attributing the decision to the team’s extensive experience and the broader reach and liquidity offered by the exchange. Lastly, Higgs provided insights into the gold market dynamics, underscoring geopolitical factors and the growing trend of de-dollarization driving gold demand. Through strategic networking and leveraging the expertise of its board and advisors, Austin Gold has secured promising assets, increasing the odds of success in the gold exploration landscape in the USA.
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About Austin Gold Corp.
Austin is a gold exploration company focused on gold targets and making district-scale gold discoveries in the southwestern United States.
Austin has two projects in Nevada. The Kelly Creek Project is located on the Battle Mountain-Eureka (Cortez) gold trend in Humboldt County and the Lone Mountain Project is on the Independence-Jerritt Canyon gold trend in Elko County. Collectively, these Nevada properties comprise approximately 78.9 km2 of unpatented lode mining claims and private property. In Oregon, the Stockade Mountain Project consists of approximately 21.5 km2 of unpatented mining claims situated in a geological environment that appears the same as the nearby Grassy Mountain Deposit that is being permitted for underground mining.
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