TSXV:RNCH - Post Discussion
Post by
waves1 on Oct 25, 2021 1:49pm
Day 4 of $RNCH trading + company overview!
Ranchero Gold ($RNCH $RNCH.v) is an exploration-stage company focused in Mexico's Sierra Madre Occidental gold district of Sonora, Mexico
$RNCH's flagship project in Mexico, Santa Daniela is one of the largest unexplored claim blocks in the Sierra Madre Occidental gold district.
- Multiple gold intercepts in historic drilling
- Over 22,000 hectares of concessions to explore
- 70% of OS owned by vendor family on a 3 year lock
Last week's announcements:
- Drill rigs have been mobilized and will begin drilling soon
- $5M in cash to explore Maz Azul, a potentially large gold exploration target with historic drilling intercepting 36m of 1.6g Au/t.
- Partnered with GoldSpot Discoveries Corp. to apply its proprietary AI technology and geoscience expertise on their Santa Daniela project to provide smart targets for $RNCH's upcoming 3000+ km drill program
As $RNCH is new to trading and this is the first post on their bullboard, I'd recommend checking out this in depth DD package for more information:
https://www.reddit.com/r/Canadapennystocks/comments/ocg7an/ranchero_gold_will_be_rtoing_into_mlr_ticker/
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