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Pelangio Exploration Inc V.PX

Alternate Symbol(s):  PGXPF

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.


TSXV:PX - Post by User

Post by Betteryear2on Apr 28, 2022 10:07pm
370 Views
Post# 34641002

Pelangio To Acquire Kenogaming Polymetallic Project

Pelangio To Acquire Kenogaming Polymetallic Project

TORONTO, ON / ACCESSWIRE / April 28, 2022 / Pelangio Exploration Inc. (TSX.V:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") is pleased to announce it has entered in an agreement to purchase a 100% interest in the highly prospective, 178 hectare gold, silver, zinc polymetallic project in Kenogaming Township (the "Kenogaming Project"), located approximately 63 km (see Figure 1) southwest of the City of Timmins, Ontario.

In addition, the Company announces that Mr. Tony Makuch, has joined the advisory committee of Pelangio, effective immediately. Mr. Makuch holds a Bachelor of Science Degree (Honours Applied Earth Sciences) from the University of Waterloo in Ontario, and both a Masters of Science Degree in Engineering and a Masters of Business Administration from Queen's University on Ontario. He has over 35 years of experience in the mining industry as a mine operator and company builder.

"We are extremely pleased that Tony is joining Pelangio in an advisory role," commented Ingrid Hibbard, President and CEO. "The entire team will benefit from his advice and counsel. His talent for recognizing opportunities in the mining space, coupled with his in-depth knowledge and expertise in operations and his proven success at growing companies will be of tremendous benefit to Pelangio," she added.

Pelangio To Acquire Kenogaming Polymetallic Project and Announces Mr. Anthony (Tony) Makuch Has Joined the Company's Advisory Board

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