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The latest update is out from Pelangio Exploration ( (TSE:PX) ).
Pelangio Exploration Inc. has begun a geochemical pitting program on its Obuasi property in Ghana, following a UAV magnetics survey that identified potential gold targets. This initiative, part of a collaboration with TuNya Mineral Resources Ltd., aims to enhance the understanding of the Obuasi mine trend’s extension onto Pelangio’s land, potentially leading to further trenching or drill testing. The program also fosters local community engagement by creating temporary jobs.
More about Pelangio Exploration
Pelangio Exploration Inc. operates in the mining industry, focusing on mineral exploration and development. The company is involved in exploring gold properties, with a significant emphasis on its Obuasi property in Ghana.
YTD Price Performance: 6.06%
Average Trading Volume: 42,271
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$6.04M
See more insights into PX stock on TipRanks’ Stock Analysis page.
