Key facts
| Company | Pelangio Exploration Inc. (TSXV: PX) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Early exploration |
About Obuasi
The Obuasi property is located contiguous with AngloGold Ashanti’s world-class Obuasi gold mine within the prolific 300-kilometre-long Ashanti Gold Belt in southwest Ghana, West Africa. The Obuasi mine has produced over 33 million ounces of gold since 1897 and currently hosts a resource of 29.5 million ounces of gold at an average grade of 7.64 g/t including a Proved and Probable Reserve of 8.73 million ounces of gold at an average grade of 8.62 g/t. (Source: AngloGold Ashanti Mineral Resource and Ore Reserve Report 2020).
News releases2 on file
Pelangio Exploration Commissions A Deep-Penetrating CSEM Survey For The Obuasi And Manfo Projects, Ghana
SEMS Exploration Services of Ghana has been commissioned to run controlled-source electromagnetic surveys on Pelangio's Obuasi and Manfo projects in Ghana, targeting features to depths of 1+ kilometre. The Obuasi survey covers 9.2 km² with 295 stations at 170-metre spacing, alongside a separate AngloGold Ashanti survey of 333 stations over 10.4 km²; it is tentatively set to start mid-April and tak
Drill results