TSXV:PX - Post Discussion
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Betteryear2 on Jul 31, 2023 9:42am
Pelangio Grants Earn-in Option
TORONTO, ON / ACCESSWIRE / July 31, 2023 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") is pleased to announce it has entered into an earn-in binding letter of intent granting TuNya Mineral Resources Ltd. ("TuNya") the right to earn an 80% interest on the southern portion of two of the four licenses that comprise Pelangio's Obuasi Project (the southern portion of these two licenses to be referred to as the "TuNya Earn-In Property"). The TuNya Earn-In Property covers predominantly Tarkwaian stratigraphy, including the strike extension of TuNya's Kyereboso project located to the south. Pelangio will retain a 100% interest in the remainder of the Obuasi property ("Main Property"), including the strike extension of the Obuasi Mine stratigraphy ("Obuasi Targets") and the main Birimian-Tarkwaian contact ("NGA Targets") where Pelangio will focus its exploration efforts. Pelangio Grants Earn-in Option on a Portion of the Obuasi Project (accesswire.com)
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