Kingman Minerals Ltd. (TSX.V: KGS) Poised to Benefit as Goldman Sachs Raises Gold Price Estimates to $2,300/oz
Goldman Sachs has recently raised its 12-month forecast for gold to $2,300/oz, rising from its previous estimate of $2,000/oz Gold prices touched historical high in August 2020, rising to $2,075/oz on back of dollar depreciation, growing economic uncertainty Kingman Minerals is currently working to develop its mining interest in Arizona, USA as well as Quebec, Canada A previous non-NI 43 101 compliant study of Kingman Mineral’s Arizona site carried out in 1985 found potential reserves of up to 664,000 ounces of gold, 2.6 million ounces of silver Kingman Minerals (TSX.V: KGS), a Canadian-listed gold miner with extensive claims in key…