Gold Exploration Across North and South America
Astorius Resources Ltd (TSXV:ASQ;FRA:47A.F) is a resource company focused on exploring for gold and Copper in properties across South and North America. Its flagship property is the Taca Taca West property located in the Argentine province of Salta, for which the company has recently entered into a 100 percent option agreement. Astorius Resources also holds three other gold properties which include the Rainbow Canyon property in Nevada and the OSOS 1 and Condor gold properties in Ecuador.
Astorius Resources entered into the option agreement for Taca Taca West in November 2017. Argentina has vastly improved as a mining jurisdiction since the start of the Macri presidency in 2015, as the government is now focused on attracting foreign investment as a significant part of the country’s economic strategy. As the property is located within this mining-friendly jurisdiction and also sits nearby other gold bearing regions, Astorius foresees significant potential for the Taca Taca West property.
Rainbow Canyon is the company’s wholly owned property in Nevada, USA. The company purchased the property in 2016 and has since conducted a six-hole exploration program in which drilling intersected 1.52 meters with grades of 19.65 g/t gold within an intersection of 9.14 meters at 3.96 g/t gold.
The Astorius management team is one with extensive experience in the mining and financial industries. The board of directors includes industry specialists that have worked in South America, North America and across the globe.
- Four properties in mining-friendly jurisdictions of Argentina, Nevada, and Ecuador
- Taca Taca West property in one of the most popular mining jurisdictions in Argentina
- Flagship property located within same district that hosts the First Quantum copper-molybdenum-gold deposit
- Rainbow Canyon exploration results include 1.52 meters at 19.65 g/t gold within 9.14 meters at 3.96 g/t gold
- Osos 1 gold property has ongoing production of artisanally mined high-grade gold ore
- Capable and knowledgeable management team with vast experience and strong network across North and South America