Pelangio Exploration Inc - Mining Stock Analysis & Updates
Latest News and Market Performance for Pelangio Exploration Inc
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Pelangio Exploration Announces Closing of Private Placement for Gross Proceeds of $1,000,000
Pelangio Exploration Inc. has completed a non-brokered private placement of 25 million units at $0.04 each, raising $1 million. The funds will support working capital and exploration efforts. The placement is pending final approval from the TSX Venture Exchange.
Pelangio Delays MRE Release Following Strategic New Acquisition of Nkosuo
Pelangio Exploration Inc. announces an extension for completing the Mineral Resource Estimate (MRE) for the Manfo Project due to a new agreement to acquire a stake in the Nkosuo Project. Additional time is needed to integrate new data for a comprehensive assessment. The updated MRE is expected by Q3 2025.
Pelangio Exploration Grants Stock Options and Changes Auditor
Pelangio Exploration Inc. announced the approval of 1.5 million stock options for its directors and employees, exercisable at $0.06 per share for 10 years. Additionally, it has changed auditors from McGovern Hurley LLP to Jones & O'Connell LLP.
Pelangio Exploration Announces Private Placement for Gross Proceeds up to $1,000,000
Pelangio Exploration Inc. is conducting a non-brokered private placement to raise up to $1,000,000 by selling units at $0.04 each, comprising common shares and warrants. Proceeds will fund working capital, exploration, and corporate purposes, pending regulatory approval.
Pelangio Exploration Inc. Announces Option to Acquire up to an 83% Interest in the Nkosuo Project Adjacent to Pelangio's Manfo Project
Pelangio Exploration Inc. has entered a strategic agreement with FJ Minerals to acquire up to an 83% interest in the Nkosuo Project in Ghana, adjacent to its Manfo Project. This collaboration aims to enhance exploration and development in the region's gold belts.
Pelangio Exploration Commences Exploration Follow Up Testing of Targets from UAV Magnetics Survey at Obuasi, Ghana
Pelangio Exploration Inc. has initiated a geochemical pitting program at its Obuasi property following a UAV magnetics survey, aiming to explore a 2.5 km target area with minimal prior testing. This work supports a technical study by TuNya Mineral Resources Ltd. to enhance gold exploration.
Pelangio Exploration Completes UAV Magnetics Survey on Its Obuasi Project, Ghana
Pelangio Exploration Inc. has completed a high-resolution UAV airborne magnetics survey on its Obuasi property in Ghana, revealing promising untested targets and the extension of the Obuasi Mine trend. The results will aid in identifying and prioritizing mineralization targets.
Pelangio Exploration Inc. to Attend the 2024 Precious Metals Summit Zurich
Pelangio Exploration Inc. has announced its attendance at the 2024 Precious Metals Summit in Zurich from November 14-15, 2024. The event will serve as a platform for Pelangio to present developments on its Manfo gold project in Ghana, including an update on the Mineral Resource Estimate (MRE) expected by December 2024. The company invites interested parties to connect during the event. Pelangio Exploration is a Canadian-based mineral exploration company focused on advancing its gold projects in West Africa and Canada.
Pelangio Exploration Commences a UAV Magnetics Survey on its Obuasi Project, Ghana
Pelangio Exploration Inc. has started a high-resolution UAV airborne magnetics survey on its Obuasi property, located near the high-grade Obuasi Mine owned by AngloGold Ashanti PLC. The survey, expected to take 3-4 weeks, aims to provide critical data to target Obuasi-style gold mineralization on the property. The survey is being conducted with TuNya Mineral Resources Ltd. as part of their earn-in on the southern Tarkwaian portion of the property. Pelangio's Obuasi property is strategically located in Ghana's Ashanti Gold Belt, known for its rich, high-grade gold deposits. TuNya is also conducting a US$250,000 technical study of Pelangio's Ob
