Bullboard - Stock Discussion Forum Pelangio Exploration Inc PGXPF

Primary Symbol: V.PX

Metals & Mining Gold

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... see more

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Pelangio Exploration Inc > Pelangio Grants Earn-in Option

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Post by Betteryear2 on Jul 31, 2023 9:42am

Pelangio Grants Earn-in Option

TORONTO, ON / ACCESSWIRE / July 31, 2023 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") is pleased to announce it has entered into an earn-in binding letter of intent granting TuNya Mineral Resources Ltd. ("TuNya") the right to earn an 80% interest on the southern portion of two of the four licenses that comprise Pelangio's Obuasi Project (the southern portion of these two licenses to be referred to as the "TuNya Earn-In Property"). The TuNya Earn-In Property covers predominantly Tarkwaian stratigraphy, including the strike extension of TuNya's Kyereboso project located to the south. Pelangio will retain a 100% interest in the remainder of the Obuasi property ("Main Property"), including the strike extension of the Obuasi Mine stratigraphy ("Obuasi Targets") and the main Birimian-Tarkwaian contact ("NGA Targets") where Pelangio will focus its exploration efforts.

Pelangio Grants Earn-in Option on a Portion of the Obuasi Project (accesswire.com)

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