Orea Mining Corp OREAF

Metals & Mining Gold

Orea Mining Corp. is a Canada-based gold exploration and development company. The Company’s principal business activities are the acquisition, exploration and development of resource properties. In French Guiana, Orea holds a major interest in the world-class Montagne d’Or mine development project. The Montagne d’Or project is situated in western French Guiana and is comprised of over two mining concessions and over two exclusive exploration permits, covering an area of around 93.5 square kilometers (km2) and is accessible in all season forest road from the town of Saint-Laurent-du-Maroni, for approximately 120 kilometers (kms). It also owns 70% interest in Maripa, which is situated in French Guiana, France. The Antino project is engaged in gold exploration, which is situated in mining friendly Suriname, South America, approximately 275 kms southeast of the capital Paramaribo. The project consists of Rights to Exploitation of Gold (Suriname mining titles) covering across 200 km2.

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Orea Mining Corp

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Post by 123buyholdhopeon Jun 09, 2020 1:49pm

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Post# 31129584

OREA (formerly CGT) FYI

Orea Mining’s responsible path to growth

The company is led by a corporate vision focused on growth through sustainable development

https://business.financialpost.com/business-trends/orea-minings-responsible-path-to-growth

You get the feel that the ‘new’ OREA is really focused on Maripa in French Guiana and the potential advanced stage gold project that they are seeking in S. America (probably led by their new French investor, OCIM). If the mining permit is eventually granted then Montagne d’ Or will likely be spun off for sale or as a future producer.

Obviously. this mining permit is a massive call for OREA and would IMO see a major reevaluation of the company (especially should initial drill results be in for Maripa and any new project which may already have some data). In fact, a spinoff might open up even more sp value for both companys.

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