Welcome to our dedicated page for Fenixoro Gold news (Ticker: FDVXF), a resource for investors and traders seeking the latest updates and insights on Fenixoro Gold stock.
FenixOro Gold Corp (FDVXF) generates news primarily around its gold exploration and project development activities in Colombia. Company releases focus on drilling results, high-grade discoveries, project expansions and corporate transactions related to its core assets in Antioquia State.
A central theme in FenixOro’s news flow is the evolution of the Abriaqui project, which the company presents as its flagship high-grade gold property in the Mid-Cauca gold belt. Updates have covered Phase 1 and Phase 2 drilling programs, the delineation of northern, central and southern vein zones, and the identification of more than 100 gold-bearing veins. Investors following FDVXF news can review detailed assay results, descriptions of specific veins such as Santa Teresa, Romperopa and Prospera, and commentary on how new data influences the company’s view of resource potential.
Recent announcements include the discovery of the high-grade Prospera Vein, with underground sampling along 100 meters averaging 39.2 g/t gold and 254 g/t silver, and drill intercepts in the Central Vein Zone extending the strike length of the Santa Teresa Vein. FenixOro has also reported on a definitive agreement to obtain the El Porvenir Mine and processing facility and consolidate these assets with Abriaqui, as well as private placement financings intended to fund ongoing drilling.
Other news items highlight initiatives such as plans to produce special edition collectible gold coins using gold mined legally by local miners at Abriaqui, investor webinars providing corporate updates, and changes in senior financial roles. For readers tracking FDVXF, this news page offers a way to follow exploration progress, project consolidation steps, financing activities and corporate developments disclosed by FenixOro over time.
FenixOro Gold Corp (OTCQB:FDVXF) announced that Noble Capital Markets has initiated research coverage on the company. The report, authored by analyst Mark Reichman, is accessible on the Noble research platform. FenixOro is focused on gold exploration in Colombia, with its flagship Abriaqui project located near Continental Gold's Buritica project, a notable area for gold discoveries. Recent drilling at Abriaqui yielded significant findings of high-grade gold deposits. The company aims to leverage its exploration potential in the gold-rich Mid-Cauca belt.
FenixOro Gold Corp (OTC:FDVXF) announced that its shares are now listed on the Wealthsimple trading platform, enhancing accessibility for investors. Wealthsimple offers commission-free trading without account minimums, allowing for investments in thousands of stocks and ETFs. This development aims to attract more investors to FenixOro's Abriaqui project in Colombia, known for its high gold grades, with samples exceeding 20 g/t. The company targets world-class gold projects in Colombia's prolific mining regions.
FenixOro Gold Corp (OTCQB:FDVXF) has announced significant mineral discoveries at the Abriaqui project, revealing the widest mineralized zone on the Santa Teresa vein system. Recent underground channel sampling yielded results of 11.4 meters at 6.08 g/t gold and 4.0 meters at 4.88 g/t, surpassing previous resource estimates. VP Exploration Stuart Moller highlighted this discovery as a potential game changer for resource ounces and mining cost reduction. Ongoing drilling efforts are underway to further explore this promising vein system.
FenixOro Gold Corp (OTC:FDVXF) announced the addition of Keith Piggott to its Advisory Committee. Piggott, a reputed mine builder with international experience, has a history of advancing mining projects to production. He praised the positive results and professional team behind the Abriaqui project during his site visit. The company granted him 250,000 options at an exercise price of CAD $0.30. FenixOro focuses on gold projects in Colombia, with the Abriaqui project showing promising geological characteristics similar to the successful Buritica project.
FenixOro Gold Corp (CSE:FENX, OTC:FDVXF, Frankfurt:8FD) has appointed Mr. Leonardo Riera to its Board of Directors, bringing extensive experience in Latin American business and mining. With a background at Bankers Trust and Citibank, Riera holds an MBA from Wharton and strategic valuation expertise from Harvard. His appointment aims to enhance the company's profile in US capital markets. The company appreciates departing director David Mitchell’s contributions, who will continue as an advisor. FenixOro has granted Riera 500,000 options at CAD $0.30 each, expiring in five years.
FenixOro Gold Corp (OTCQB:FDVXF) announced the initiation of Phase 2 drilling and detailed mine mapping at its Abriaqui project. The first drill hole, P010, has been completed at 540 meters, showing promising mineralization. The mapping program identified 12 new vein structures and sampled 270 new channels, with notable results from the newly defined Baul 3 vein, which yielded gold grades exceeding 50 g/t. These developments indicate significant growth potential for gold resources at Abriaqui, enhancing the company’s exploration prospects.
FenixOro Gold Corp (OTCQB:FDVXF) has concluded a second soil sampling round at its promising Southeast block of the Abriaqui project, revealing significant gold anomalies. The sampling grid has expanded, highlighting a 600m anomaly with gold-in-soil values over 1 g/t, indicating potential undiscovered veins. The Phase 2 drilling program is set to target these anomalies, leveraging insights from previous drilling successes. The area boasts over 20 known veins with a historical record of high-grade gold.
FenixOro Gold Corp (OTCQB:FDVXF) has commenced mobilization for its Phase 2 drilling program at the Abriaqui gold project in Colombia, following a successful Phase 1. The upcoming 4000m drilling will target the Northwest Vein Corridor and additional significant intercepts not included in prior resource models. A deep hole will assess resource potential below the 1500 meter elevation, and the drilling will also explore a high-grade area with previous soil sampling success. The project estimates a minimum resource potential of 1.6 – 2.4 million ounces down to 1500 meters.
FenixOro Gold Corp (OTCQB:FDVXF) has announced promising results from its Phase 1 drilling at the Abriaqui project in Colombia. The preliminary analysis suggests a potential of 1.6 to 2.4 million ounces of gold from just four of over 100 identified veins, although no NI 43-101 compliant resources exist yet. The upcoming Phase 2 drilling, commencing in Q2 2021, plans a minimum of 4000 meters focused on infill and step-out drilling along nine vein structures. The company highlights significant potential at depths and on untested veins, indicating strong prospects for future resource development.
FenixOro Gold Corp (OTCQB:FDVXF) announced positive final drill results from holes P007-P009, part of their 4029 meter Phase 1 diamond drilling program at the Abriaqui project in Colombia. Highlights include Hole P008 intersecting 3.65 meters at 5.40 g/t gold and revealing previously unknown voids linked to old mines. The northwest trending vein corridor (NWC) is now confirmed to extend 1400 meters, increasing resource potential. The company plans further exploration to assess the economic feasibility of the deposits.