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FenixOro Gold to Host Investor Webinar 12:00 PM EDT Wednesday May 18, 2022
TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce that it will host a webinar to provid
About this update from Fenixoro Gold Corp.
[{"type":"text","content":" TORONTO, May 17, 2022 (GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce that it will host a webinar to provide investors with a corporate update and general overview on the success the company has had to date on its Phase 2 drilling program. FenixOro CEO John Carlesso and VP Exploration Stuart Moller will host the meeting. The webinar is scheduled for 12:00pm Wednesday EDT May 18, 2022. To join the meeting please use the following link: https://us06web.zoom.us/j/88992239493 Meeting ID: 889 9223 9493 Find your local number: https://us06web.zoom.us/u/keBvgFwF7f About FenixOro Gold Corp. FenixOro Gold Corp is a Canadian company focused on acquiring and exploring gold projects with world class exploration potential in the most prolific gold producing regions of Colombia. FenixOro's flagship property, the Abriaqui project, is located 15 km west of Continental Gold's Buritica project in Antioquia State at the northern end of the Mid-Cauca gold belt, a geological trend which has seen multiple large gold discoveries in the past 10 years including Buritica and Anglo Gold's Nuevo Chaquiro and La Colosa. As documented in \"NI 43-101 Technical Report on the Abriaqui project Antioquia State, Colombia\" (December 5, 2019), the geological characteristics of Abriaqui and Buritica are similar. The report also documents the high gold grade at Abriaqui with samples taken from 20 of the veins assaying greater than 20 g/t gold Since the preparation of this report a Phase 1 drilling program has been completed at Abriaqui resulting in a significant discovery of a high grade, \"Buritica style\" gold deposit. A Phase 2 drilling program has recently commenced. FenixOro's VP of Exploration, Stuart Moller, led the discovery team at Buritica for Continental Gold in 2007-2011. At the time of its latest public report, the Buritica Mine contains measured plus indicated resources of 5.32 million ounces of gold (16.02 Mt grading 10.32 g/t) plus a 6.02 million ounce inferred resource (21.87 Mt grading 8.56 g/t) for a total of 11.34 million ounces of gold resources. Buritica began formal production in November 2020 and has expected annual average production of 250,000 ounces at an all-in sustaining cost of approximately US$600 per ounce. Resources, cost and production data are taken from Continental Gold's \...