Adventus Mining Corp. V.ADZN

Metals & Mining Industrial Metals & Minerals

Adventus Mining Corporation is a copper-gold exploration and development company. Its Curipamba project comprises seven concessions representing over 21,500 hectares (ha) and includes the advanced high-grade copper-gold El Domo deposit. Its Pijili project is located in an established mining area in southwestern Ecuador in the province of Azuay, over 150 kilometers (km) from the major port city of Guayaquil. Pijili consists of three concessions, which total 3,246 ha. Its Santiago project is located in south-central Ecuador in the province of Loja, over 37 km north of the city of Loja. Its Irish projects hold about 40 exploration prospecting licenses in the Republic of Ireland, comprising three separate blocks across the principal prospective areas of the North Midlands and Southwest Ireland. Its Irish projects include Rathkeale project, Kingscourt project and Fermoy project. It also owns the Condor gold project and a large exploration project portfolio that spans over 135,000 hectares.

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Adventus Mining Corp. > Stalking horse

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Post by templetooth2on Nov 22, 2023 4:17pm

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Post# 35749093

Stalking horse

The value in the LR deal will be as stalking horse going through permit process. If they can get permits in the timeline they suggest, mid-year, it will have huge positive implications for Solaris, Solgold and everyone else. I don't believe a Western company has been granted a mining permit since Kinross at FdN.

Back to Adventus-Luminex, you gotta believe this deal gives instant cash and credibility. I have no idea how much additional equity will be needed to build this El Domo mine, but that is a next summer kind of problem. If Adventus can get all the necessary permits, that will be a MAJOR accomplishment. Just a throw-away thot, if this deal works, if things fall into place...you gotta believe Solitario will be worth more than a nickel!

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