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 > OREA and Maripa

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Post by 123buyholdhopeon Feb 15, 2022 9:44am

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OREA and Maripa

BRIEF-Orea To Acquire 100% Of Maripa Gold Project In French Guiana

BY Reuters — 7:53 AM ET 02/15/2022

Feb 15 (Reuters) - Orea Mining Corp ( OREAF)

* OREA TO ACQUIRE 100% OF MARIPA GOLD PROJECT IN FRENCH GUIANA
* PURCHASE AGREEMENT NOW ALLOWS OREA TO ACQUIRE 100% INTEREST IN MARIPA BY ISSUING 6 MILLION COMMON SHARES TO IAMGOLD
* UPON CLOSING OF TRANSACTION, IAMGOLD WILL RETAIN A 1.5% NET SMELTER RETURN ROYALTY Source text for Eikon: Further company coverage:

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