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Pambili Natural Resources Corporation V.PNN

Alternate Symbol(s):  PNNEF

Pambili Natural Resources Corporation is a Canada-based natural resources exploration and development company. The Company is focused on activities in Zimbabwe, including exploration and evaluation of gold mining properties. Its projects include the Golden Valley Project, and Happy Valley Mine. The Golden Valley Project is a typical Orogenic-style gold deposit located in the Bulawayo Greenstone Belt. The Golden Valley project has a high-grade underground mining with gold production. The Golden Valley Project covers an area of 48 hectares. Its Happy Valley Mine is a producing gold mine. The mine is located 15 kilometers (km) from the city of Bulawayo, Zimbabwe. The Company’s operational activities are conducted in two geographic segments: Canada and Zimbabwe.


TSXV:PNN - Post by User

Comment by Oldschool2022on Aug 01, 2022 8:58pm
92 Views
Post# 34864736

RE:RE:Risk vs reward for this .02 gold producer!!!

RE:RE:Risk vs reward for this .02 gold producer!!!Sorry I’m not pumping just the facts. If you do your research you’ll see that they are producing gold as we speak. That’s the beautiful thing here. How often do you get a gold producer for .02 per share. The facts only. Read below.

Pursuant to the term of an Earn-in Agreement (the "Agreement") with Techshed Investments (Private) Limited ("TSI") dated November 26, 2021, the Corporation has closed the purchase of an earn-in interest of TSI ownership of the Happy Valley C mining claim, which is a producing gold mine, in Zimbabwe. The mine, located 15km from the city of Bulawayo, has installed capacity to process 40 tonnes of ore per day but, due to capital constraints, is currently processing less than half that amount. By addressing those capital constraints, the Corporation can almost immediately start earning a return on its investment in operations.
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