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Pelangio Exploration Inc V.PX

Alternate Symbol(s):  PGXPF

Pelangio Exploration Inc. acquires and explores prospective land packages located in gold belts in Ghana, West Africa and Canada. In Ghana, the Company is focused on its two 100% owned camp-sized properties: the 100 square kilometers Manfo property, the site of eight near-surface gold discoveries, and the 284 square kilometers Obuasi property, located four kilometers (km) on strike and adjacent to AngloGold Ashanti's high-grade Obuasi Mine, as well as the Dankran property located adjacent to its Obuasi property. The Manfo project is located in the Sefwi-Bibiani greenstone belts of the Paleoproterozoic Birimian of southwest Ghana, about 15 km southeast of Newmont's Ahafo gold mine. The Dankran project covers an area of approximately 34.65 square kilometers contiguous to the northeastern corner of its Obuasi project. Its Canadian properties include Gowan Property, Grenfell Property, Kenogaming Property, Hailstone Property, Birch Lake Property, and Poirier Gold Property, and others.


TSXV:PX - Post by User

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Post by juspam1on Mar 05, 2015 9:40am
122 Views
Post# 23492532

looted gold worth millions of dollars.

looted gold worth millions of dollars. Illegal gold mining pits created by 'galamsey' operators have been closed at Subriso, located about 40 kilometres from South-West of Tepa, the administrative capital of Ahafo Ano North District of the Ashanti region.

A court ordered the police to shut down pits created by galamsey operators after the owners of the concession, Pelangio Ahafo (Ghana) Limited, took legal action.

The illegal miners disrupted the prospecting activities and operations of Pelangio and looted gold worth millions of dollars.

The armed gold miners, some of whom are facing charges on trespassing and mining without license, dug several holes and mined unabated.

The three, Samuel Mintah, Justice Appiah aka Alhaji and Kwasi Adomako, all farmers, were said to have agreed with 12 others, currently at large, to mine in the concession of Pelangio Ahafo (Ghana) Limited without authority.

The 12 are Kwadwo Akowuah, Emmanuel Boafo aka Asrewa, Kwadwo Afriyie, Adjei Mathias, Christiana Po-maah, Isaac Obeng, Kwame Duah aka Operator, Kwasi Agyeman, Kwame Ketewa and Osei Kwame aka Phobia.

The accused persons, who now face three counts of conspiracy, trespassing and mining without license, contrary to sections 23, 157 and 99(2)(a) of the Criminal Offence Act and Act 703/2006, had unlawfully entered the concession of the company and illegally prospected for gold quartz.

Police prosecutor Chief Inspector A. A. Banafo told the court that the accused persons are farmers while the complainant is the project manager of Pelangio Ahafo (Ghana) Limited.

On November 2, 2012, the illegal millers began mining on the company's concession at Subriso.

According to him, the complainant reported the activities of the galamsey operators to the police for necessary action to be taken.

Chief Inspector Banafo said that on receiving the report, the police proceeded to the mining site and found about 50 galamsey operators, including the accused persons, prospecting for gold quartz.

They were warned to discontinue their activities and vacate from the site with their working implements and equipment, the prosecution explained.

He added that accused persons and their cohorts continued their illegal mining activities and also refused to honour the invitation of both the police and the Omanhene of the Manfo traditional area.

On January 5, 2013, the accused persons conveyed a CAT330 excavator to the mining site to supplement their illegal efforts, compelling the police officers, who were on surveillance, to arrest them.

After investigating the accused persons, Samuel Minta, Justice Appiah and Kwasi Adomako were charged with the offence and arraigned before court. 
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