Pelangio Exploration: Looking for Gold in 2 of the World's Best Jurisdictions
Pelangio Exploration is a mineral exploration company. They are currently developing the value of its gold exploration and resource projects located i …
Gold exploration in Ghana and Ontario, Canada
Pelangio Exploration is a mineral exploration company. They are currently developing the value of its gold exploration and resource projects located in Ghana and Ontario, Canada. Pelangio has five core projects. Two of which are in Ghana, West Africa and three in Ontario, Canada. Further, the Company operates with a strategy that's designed to capitalize upon property acquisition opportunities arising during bear markets that are positioned for the bull market's wealth creation.
Dome West Property
"For the remainder of 2020, most of the focus is going to be in Canada because they're located so close to infrastructure. We can do a lot of drilling, very, very cost-effectively," says President and CEO, Ingrid Hibbard. The Dome West property was formerly controlled by Central Porcupine Mines Ltd. It's a strategic land holding that sits adjacent to both the former Paymaster Mine property and Goldcorp's Dome Mine. The Dome West property is located approximately 800 metres west of the Dome Mine.
"And of course, we'll be going back and doing more drilling where we've got these high-grade results at Kirkland Lake on our Grenfell property, where we had results of 314 grams over 1.74 meters," says Hibbard.
Additionally, the Company's exploration properties are leveraged by a project generator model which aides the Company in sustaining the costs associated with geological study, corporate governance, and exploration field work.
"Really, we're focused on good jurisdictions, prolific belts, with a big history of big mines," says Hibbard.
For more information on Pelangio Exploration Ltd. (TSX.V:PX, OTC PINK: PGXPF) please fill out the form below.
Latest Articles
Hot Companies
You might also like
BTV Showcases Contango Ore, Critical Elements Lithium, Dryden Gold, FireFox Gold, Kirkland Lake, Klondike Gold, and Selkirk Mines
This week, BTV - Business Television we feature growth-focused mining companies advancing major projects across North America and Europe. From emerging producers and strategic combinations to high-grade exploration and critical mineral development, this episode highlights the next wave of opportunity in the resource sector, including:
Selkirk Copper: A Yukon restart positioned to deliver new Canadian copper supply by 2028
A 50,000-metre drill program began last summer to expand understanding of the resource and guide updated mine design. The goal is to define a 12–15 year mine life while refreshing permits and engineering.
