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 Release

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Post by 123buyholdhopeon May 04, 2023 7:47am

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OREA Release

Orea Provides Update on Closing of Acquisition of 100% of 5 million Ounce Montagne d'Or Gold Deposit

What intrigues me about this issue now is that France could have put the kibosh on this whole takeover and killed the Montagne d'Or issue under the guise of opposing Russia and Mordashov; they did not.

Yet, we know Macron has been anti the mine since 2019. How will he/France do a 180 on this mine and get away with it politically? Maybe, as I have said in the past, pushing a small connection between strategic sovereign mineral needs 'within borders' coupled with a gov' oversight/share in a cutting edge, new energy based, seriously reduced mine footprint.

Maybe.

GLTA - https://twitter.com/EarthsRare

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