- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Pelangio Exploration (TSXV:PX)(OTC PINK:PGXPF) (“Pelangio” or the “Company”) announces that Roscan Minerals Corporation (“Roscan”) has provided the initial payment of $150,000 to fund exploration expenditures pursuant to the option and joint venture agreement (the “Option Agreement”), dated November 7, 2016, and amended February 14, 2017, pursuant to which the parties established an earn-in arrangement to …
Pelangio Exploration (TSXV:PX)(OTC PINK:PGXPF) (“Pelangio” or the “Company”) announces that Roscan Minerals Corporation (“Roscan”) has provided the initial payment of $150,000 to fund exploration expenditures pursuant to the option and joint venture agreement (the “Option Agreement”), dated November 7, 2016, and amended February 14, 2017, pursuant to which the parties established an earn-in arrangement to jointly advance the Dormaa Project in Ghana, West Africa.
As quoted in the press release:
“We are very pleased to resume exploration on the Dormaa property with receipt of this $150,000 payment. These funds, along with the second payment due May 4, 2017, will provide for expanded gold-in-soil geochemical surveys, prospecting, and approximately 3,000 metres of reverse circulation and air core or rotary air blast drilling to be completed by Pelangio,” stated Ingrid Hibbard, President and CEO. “This program was designed to follow up on the large gold-in soil anomalies on the property which appear to be the source of substantial, unregulated artisanal and mechanized alluvial operations carried out around the property during 2014 and 2015.”
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.