Pelangio Exploration Inc V.PX

Alternate Symbol(s): PGXPF

Metals & Mining Gold

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.

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Pelangio Exploration Inc

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Post by Saint2709on Mar 10, 2016 8:21pm

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Post# 24646172

Company Fact Sheet

Can someone double check the fine print, all calculations done at 1450$ an ounce, and from what I read it's all estimates of indicated resources ?? I'm confused but isn't even the estimated resources not enough for a mine to be developed

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