Ideal Group Acquires Gold Concession in Bolivia amid Surging Demand for Precious Metals in Tech Industries

Ideal Group of Companies, Inc. (OTC: IDGR) announced the completion of its acquisition of the El Quizer Mining Administrative Contract, a 675-hectare gold concession in Bolivia’s Precambrian Shield. The deal, disclosed in a press release on June 18, 2026, positions the company as an emerging player in the precious metals sector at a time when gold and platinum group metals (PGMs) have become essential to technology industries such as artificial intelligence, high-performance computing, and electric mobility.

The El Quizer concession, located in the Nuflo de Chavez Province, Santa Cruz Department, is fully permitted and includes mineral resources estimated in 2022. Independent analysis identified primary oxide stockpiles of approximately 8 million metric tonnes grading 1.0 g/t gold, representing about 210,000 ounces of contained gold, along with sulfide stockpiles and virgin primary formations. Recent sampling of newly discovered veins returned assays of 4.98 and 8.61 g/t gold, with preliminary indications of PGMs including palladium, iridium, and rhodium.

The acquisition comes as global demand for precious metals surges. According to the World Gold Council, global gold demand reached 4,740 tonnes in 2022, the highest since 2011, driven by record central bank purchases. Gold’s use in semiconductor packaging and high-frequency connectors is critical for AI data centers, which are projected to see capital expenditure exceeding $1 trillion over the next five years. PGMs like iridium are essential for green hydrogen production via PEM electrolyzers, while palladium and rhodium are key to emissions-control systems.

CEO Charles Cardona emphasized the strategic timing of the acquisition. ‘The El Quizer acquisition puts us in the right place at the right time,’ he said. ‘We hold a permitted, geologically compelling gold asset in a jurisdiction seeking responsible foreign investment, at the moment when these metals have become indispensable to AI infrastructure, clean energy, and advanced manufacturing.’

The concession’s location within Bolivia’s Precambrian Shield, a region geologically larger than Canada’s Abitibi Greenstone Belt—which has produced over 170 million ounces of gold—has yielded fewer than 10 million ounces to date, highlighting its underexplored potential. The property is adjacent to the historically producing Puquio Norte Mine, which yielded over 300,000 ounces of gold from surface saprolite between 1996 and 2001.

Ideal Group has committed to environmentally responsible mining practices, including eliminating mercury and cyanide, implementing closed-loop water recycling, using renewable energy, and engaging with local communities. The company operates through MetalPro SRL in Bolivia and holds a 30-year mining contract renewable for an additional 30 years.

The acquisition underscores a structural shift in precious metals demand. As AI infrastructure build-out, energy transition, and monetary safe-haven buying converge, a supply deficit for precious and specialty metals is expected to persist. El Quizer’s polymetallic potential positions Ideal Group to contribute to this supply chain while creating value for shareholders and local communities.

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