Bullboard - Stock Discussion Forum Resouro Gold Inc. V.RAU

Resouro Gold Inc is focused on exploration and development of gold. The company operates in Brazil and has four 100% owned projects in the mining-friendly states of Mato Grosso, Tocantins/Goias and Pernambuco. Two of the projects, Novo Mundo and Buracao are in the advanced exploration stage whilst the Santa Angela and the Pernambuco make up the companies' exploration pipeline. The Santa Angela Project is south of the Novo Mundo project and is adjacent to a historic granite hosted gold mine and has been subject to limited exploration that the company intends to follow up. The Pernambuco Project is the earliest stage exploration project in the company's portfolio and the company is planning a grassroots exploration campaign.