London BTC returns 143 g/t gold from Nevada rock chips

Crypto Written by: Ian Lyall 07:27 Wed 05 Aug 2026 --> Proactive has a commercial relationship with London BTC Company Ltd. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. London BTC Company Ltd ( LSE:BTC OTCQB:VINZF ) View Price & Profile London BTC returns 143 g/t gold from Nevada rock chips Published: 07:27 05 Aug 2026 BST London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) has reported a rock chip sample grading 143.1 grams of gold per tonne from its Amonett-Frank project in Nevada, the highest grade returned so far across its US portfolio. The main market-listed company, chaired by David Lenigas, has been building a gold exploration business alongside its bitcoin mining operations. Two further samples from the same central working returned 12.62 grams and 1.22 grams per tonne. The company cautioned that all the samples discussed are selective, 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. Gold was first discovered on the ground in 1933, with ore trucked from the site two years later, though there was no processing facility, which the company reads as evidence that only the richest material was taken. That leaves about 1.5 kilometres of strike untested. The project sits 2.6 miles from Kinross's Goldbanks deposit, which holds an endowment of 2.56 million ounces of gold, and shares the district with the Barrick and Newmont joint venture Nevada Gold Mines. Separately, London BTC said it had re-run every previously announced high-grade result through conventional fire assay to check figures originally produced by PhotonAssay, a faster X-ray-based technique. The results broadly matched, though three samples at the company's Teep project moved by more than 10%, with two upgraded and one downgraded, which the company attributes to coarse gold making grades erratic. Verification allows PhotonAssay to be used for routine work, cutting turnaround times from three or four weeks to as little as three days. The company has also engaged Dahrouge Geological Consulting, a North American firm with a Denver office, to run field operations and advise on federal and state permitting alongside existing adviser Schiehallion Consulting. Hewie Rattray, chief executive, said the company was moving quickly to establish the scale of the mineralised system. In the same announcement, London BTC said it would issue 72.8 million shares at nominal value to its employee benefit trust, equivalent to 16.67% of the enlarged share capital. Continue reading