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XAU Resources Inc GIG.U


Primary Symbol: V.GIG

XAU Resources Inc. is a gold exploration and development company focused on developing and managing projects located within the Guyana greenstone belt. The Company has the 152.25 square kilometers Noseno land package in the Trans-Guyana gold belt. The property is in the same greenstone terrane that hosts the largest gold deposits in Guyana, the Aurora Mine and the Toroparu Project. The property lies 210 kilometers (km) west of the capital, Georgetown, and 75 km south of the regional supply center at Port Kaituma (inland port). The Noseno Project comprises about 37 licenses covering 37,623 acres, together with 100% of the mineral and mining rights attached thereto or derived therefrom.


TSXV:GIG - Post by User

Post by cantstandcash1on Aug 21, 2024 10:25am
54 Views
Post# 36189682

Lmao..a ton of Icing on that press release

Lmao..a ton of Icing on that press releaseThey make it sound like they hit it big but check the wording on todays press release. $2.4B split over 10 years to Concept solutions. The CS splits their share to 12 subcontractors of which BBAI is 1. no mention of what they expect themselves
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