Business
Pelangio Exploration Provides Update On Activities In Ghana And Canada
TORONTO, ON / ACCESSWIRE / September 6, 2023 / Pelangio Exploration Inc. (TSX-V:PX)(OTC PINK:PGXP...
About this update from Pelangio Exploration Inc.
[{"type":"text","content":"Pelangio Exploration Provides Update On Activities In Ghana And Canada TORONTO, ON / ACCESSWIRE / September 6, 2023 / Pelangio Exploration Inc. (TSX-V:PX)(OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\") is pleased to provide an update on recent activities and plans for its projects in Ghana and Canada.HighlightsDistrict-scale Obuasi Project will benefit from an agreement with TuNya Mineral Resources Ltd. (\"TuNya\") to provide both exploration expenditures and access to significant technical expertise.TuNya funded exploration program is underway on the Obuasi Project and will focus on two large target areas in the southwest corner of the property closest to the Obuasi Mine property, the Obuasi and NGA target areas.TuNya's exploration program will also cover the Tarkwaian geology which has been under-explored to date.The recently completed Manfo drill program extended mineralization in both the Pokukrom East and West deposits, demonstrating resource growth potential with continued step-out drilling.Canada Nickel Company's significant discovery on its Mann Northwest property enhances interest in our adjacent Mann property (2.2 km away).\"Recently we've had a number of very positive developments for Pelangio in Ghana and Canada,\" commented Ingrid Hibbard, President and CEO of Pelangio. \"Firstly, our agreement with TuNya provides a catalyst for exploration success at our Obuasi Project, a district-scale land package adjacent to the giant high-grade Obuasi mine. The agreement provides both exploration funding and access to a technical team with over 125 years of expertise on the extremely prolific Ashanti gold belt, including significant experience at the Obuasi mine itself. Secondly, our Manfo drill program extended known mineralization at the southern ends of both the Pokukrom East and West deposits. With a number of targets yet to be drilled around these deposits, potential remains to establish additional extensions to the mineralization and to grow the Manfo resource with continued drilling. Thirdly, our Mann property has benefitted from new data provided by the significant discovery made by Canada Nickel Company on its adjacent Mann Northwest Project. Our Mann and Kenogaming properties provide our shareholders with exposure to critical mineral potential in Ontario.GHANA EXPLORATION UPDATEManfo ProjectThe 96 km² Manfo pr...