American Gold & Copper Signs MOU to Acquire Nevada Rimrock Project
Everlert Inc., operating as American Gold & Copper, has signed an MOU to potentially acquire the Rimrock Copper-Gold Project in Nevada.
Everlert, Inc. (OTC: EVLI), which operates under the name American Gold & Copper Inc., announced it has signed a Memorandum of Understanding for the proposed acquisition of the Rimrock Copper-Gold Project located in Nevada, marking a significant step in the company's push to expand its footprint in domestic precious and base metals mining.
The MOU signals the company's intent to formalize terms for taking over the Rimrock project, a copper-gold asset situated in one of the most historically productive mining corridors in the American West. Nevada has long been regarded as a top-tier mining jurisdiction, offering favorable geology and a relatively streamlined regulatory environment for mineral extraction.
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For a small-cap OTC-listed company like Everlert, securing rights to an established copper-gold project represents a notable strategic pivot. Copper demand in particular has surged in recent years, driven largely by the global energy transition and growing requirements for electrical infrastructure, electric vehicles, and renewable energy systems — factors that have made underdeveloped copper assets increasingly attractive targets.
While the MOU establishes a framework for the proposed deal, it does not guarantee a completed transaction. Final acquisition terms, due diligence, and any required regulatory approvals would need to be resolved before a binding agreement could take effect. Investors in junior mining companies typically watch such announcements closely, as they can signal shifts in corporate direction even before formal deals close.
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