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FenixOro Gold Corp C.FENX

Alternate Symbol(s):  FDVXF

FenixOro Gold Corp. is a Canadian company focused on acquiring and exploring gold projects with exploration potential in the gold producing regions of Colombia. The Company’s flagship property, the Abriaqui project, is the closest project to Continental Gold's Buritica project. It is located about 15 kilometers (km) to the west in Antioquia State at the northern end of the Mid-Cauca gold belt. The Abriaqui Property is located approximately 65 kilometers northwest of the city of Medellin in the state of Antioquia, Colombia. In addition, the Abriaqui Project, consists of three licenses and an application, which covers approximately 547 hectares. The Abriaqui Project area has exploration potential for multiple mineralization types. The Company also owns the Escondida Mine, a fully permitted, high grade gold mine in Antioquia that is undergoing an investment and expansion plan.


CSE:FENX - Post by User

FenixOro Gold Corp > Big news from FenixOro Friday morning!
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Post by GUNSSon Mar 19, 2021 8:56am
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Post# 32836464

Big news from FenixOro Friday morning!

Big news from FenixOro Friday morning!$FENX FenixOro Gold Corp.WOW! This might be the most important corporate development ever for the Company! A conceptual exploration target of 1.6 to 2.4M ounces of gold on a portion of the property, perhaps a fairly small portion of the property (I don't want to overstate anything). As per the press release, the weighted-average grade of those prospective ~2M ounces COULD BE (no assurances, more drilling needed to confirm) ~7.5 g/t. That's a very good grade! In tracking gold resources across the globe, I'm monitoring 660 North American, gold-focused juniors. Less than 5% have average grades of > 6 g/t AND a minimum of 1M ounces. Very exciting news indeed.
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