Welcome to our dedicated page for Pelangio Explora news (Ticker: PGXPF), a resource for investors and traders seeking the latest updates and insights on Pelangio Explora stock.
Pelangio Exploration Inc. reports developments tied to gold exploration properties in Ghana, West Africa and Canada. The company acquires and explores prospective land packages, including the Manfo property, the Obuasi property near AngloGold Ashanti's Obuasi Mine, and the adjacent Dankran property.
Company news commonly covers drilling programs, mineral-project technical reports under NI 43-101, Ghana property interests, private placements, warrant exercises, stock option grants and corporate governance appointments. Updates also address capital raised for project advancement and working capital across Pelangio's Ghana and Canadian exploration portfolio.
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Pelangio Exploration Inc. (OTC PINK:PGXPF) announced a 1,000-meter diamond drilling program at its Manfo Project in Ghana, set to commence in March 2023. This program follows a successful phase in late 2021, which discovered a new gold lode in the Pokukrom West deposit, returning 3.19 g/t Au over 12 meters. The new drilling aims to explore extensions of the Pokukrom East and West deposits, as well as test a confirmed gold anomaly. The Manfo Project has a reported gold resource of 195,000 oz Indicated and 298,000 oz Inferred. The drilling is expected to take 4 to 5 weeks, with assay results anticipated shortly after.