OTCQX:CGTFF - Post by User
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123buyholdhopeon Feb 25, 2020 9:57am
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CGT 2020 Objectives
CGT 2020 Objectives
February 25, 2020
Columbus Gold Provides Corporate Update and Outlines Growth Strategy
Vancouver, BC, Canada, February 25, 2020. Columbus Gold Corp. (CGT: TSX, CGTFF: OTCQX) (“Columbus” or the “Company”) is pleased to provide a corporate update and growth strategy for 2020 as follows:
- A 5,000-metre core drilling program at the Maripa Gold Project (“Maripa”) in French Guiana is anticipated to commence during the second quarter of 2020;
- Montagne d’Or engineering studies for committed project improvements and modifications are anticipated to be completed in the first semester of 2020;
- A growth and diversification strategy has been implemented;
- Priority for 2020 is the acquisition of an additional advanced-stage gold project in South America;
- A strategic partnership was formed with Paris-based OCIM group (“OCIM”) for corporate development;
- A new corporate vision has been adopted that will target gold deposits that can be developed with a reduced environmental footprint using innovative technologies.
Rock Lefranois, President & CEO of Columbus commented: “Columbus intends to fully benefit from the improved gold equities market with an aggressive growth strategy that leverages the financing capabilities of its new major shareholder OCIM.” | |
https://twitter.com/EarthsRare Interesting, will we see the NG mining report given to FG by June 2020? The value of this theoretical mine is increasing as time moves on; however, its actual impact on the sp only really comes with a permit award. Further, if CGT picks up a third advanced staged project and can get some Maripa drill results by the end of 2020, then IMHO we have another company to spin off from CGT and its NG mine should CGT be bought out.