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 > Lawsuit

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Comment by mewbuddyon Oct 24, 2021 7:04pm

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Post# 34042685

RE:RE:Lawsuit

I think it's a good news for OREA. French law system is also based on case law. If nordgold win the arbitration it means OREA has a strong case for its own arbitration. If they lose, at least OREA won't waste millions of dollars lawyer fees. It's far from any conclusion but it's much more related to politics than financial purpose. Anyway, OREA is pushed into the center of the stage. Could lead to a lots of different situations and in several cases it could be very bullish to OREA shareholders. OREA will get more and more media attentions no matter they want it or not.

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