London BTC Company expands Nevada portfolio
Last updated: 05:09 15 Jul 2026 EDT, First published: 02:43 15 Jul 2026 EDT
London BTC Company Ltd (LSE:BTC, OTCQB:VINZF) shares moved 10% higher on Wednesday, rising to 1.55p, after it told investors it had expanded its Nevada precious-metals portfolio after surface sampling at its newly staked Black Star project returned grades of up to 16.23 grams per tonne gold and 50.5 g/t silver.
The company secured 36 mineral claims covering 744 acres in Pershing County, around 16 miles from the Hycroft mine. Nine mineralised rock-chip samples were reported, with five grading above 8 g/t gold. The strongest result contained 16.23 g/t gold and 49 g/t silver.
Two mineralised areas have been identified across a 2.5-kilometre corridor containing historical shafts, adits and trenches.
London BTC plans further rock-chip sampling and geological mapping before compiling targets for potential drilling. It cautioned that the samples were selective and should not be considered representative of the wider mineralised system.
Black Star is London BTC’s fourth US gold project, joining Amonett-Frank, Huntington-Whitman and Teep.
Separately, the company issued 5,117,940 new shares to consultants, taking its enlarged share capital to 363,964,033 shares following admission, expected around 20 July 2026.
