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Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company. The Company is focused on activities in Zimbabwe, including exploration and evaluation of gold mining properties. Its projects include the Golden Valley Project, and Happy Valley Mine. The Golden Valley Project is a typical Orogenic-style gold deposit located in the Bulawayo Greenstone Belt. The Golden Valley project has a high-grade underground mining with gold production. The Golden Valley Project covers an area of 48 hectares. Its Happy Valley Mine is a producing gold mine. The mine is located 15 kilometers (km) from the city of Bulawayo, Zimbabwe. The Company’s operational activities are conducted in two geographic segments: Canada and Zimbabwe.


TSXV:PNN - Post by User

Pambili Natural Resources Corporation > Never good
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Comment by stocktrader2021on Dec 03, 2021 10:53am
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Post# 34194746

RE:RE:RE:RE:Never good

RE:RE:RE:RE:Never goodAnther quote from the Nov. 26 NR:

“Our initial objective is to earn-in to a producing gold mine in Zimbabwe through an opportunity I’ve identified, through my background and contacts. Given Zimbabwe’s favourable investment climate for mining interests, we see great opportunity for Pennine’s future prosperity.”

Caledonia Mining Corporation Plc (NYSE and LON) has announced that it would increase production in its Blanket Mine by 37% in 2022—a development that could yield an annual total of 80,000 ounces, and would make it Zimbabwe’s top-producing gold mine.

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