Pelangio Exploration Inc. announces a non-brokered private placement for gross proceeds of up to $750,000. The Offering will consist of the sale of flow-through units of the Company at a price of $0.16 per FT Unit. Proceeds of the offering will be used for exploration programs at Pelangio's Dome West, Gowan and Hailstone projects. Each FT Unit will be comprised of one common share in the capital of the Company issued on a [...]
Pelangio Exploration Inc. is pleased to announce that a Reverse Circulation drilling program is underway on its Dankran Project in Ghana. Two hundred twenty-five meters have been drilled with three holes completed so far. This RC drilling program will serve as a first pass test of multiple targets identified over the past several months, with a focus on the most prospective soil anomalies at the northern end of the [...]
Pelangio Exploration Inc. has completed a total of 908 meters of diamond drilling and tested eight targets at its Hailstone project located in Northern Saskatchewan. All assay results have now been received. The eight holes intersected shear zone structures, extensive disseminated pyrite and zones of silicification associated with pyrite, however, there were no significant gold values to report from this first drill [...]
Pelangio Exploration Inc. is pleased to announce it has completed a 908-meter drill program at its Hailstone Property in Northern Saskatchewan. Eight holes were drilled and assays are pending. Highlights of the Drill Program and the Hailstone Property: Each of the eight drill holes intersected zones of interest; Drilling intersected prospective shear zone structures, extensive disseminated pyrite and silicification; The [...]
Pelangio Exploration Inc. is pleased to announce that further evaluation and interpretation of data from the Dome West project has been completed in preparation for a planned drill program to commence in June or July, 2021. Permitting is well under way and no further delays are anticipated with respect to access to the project. Highlights: Highly prospective Vipond stratigraphy hosts a substantial portion of the gold [...]
Pelangio Exploration Inc. is pleased to announce it has completed a VTEM Plus electromagnetic survey over its Gowan polymetallic project located 27 kilometers northeast of Timmins. Highlights of the Gowan Project: Prospective for copper-zinc VMS deposits with associated precious metals; Prospective for nickel-copper sulphide deposits within the ultramafic complex in southern portion of project; Significant anomaly flanked [...]
Pelangio Exploration Inc. is pleased to announce it has engaged Geotech Ltd. to complete a VTEM Plus airborne geophysical survey over its prospective Gowan polymetallic property. This survey will assist in the overall evaluation of the property for both copper-zinc-VMS deposits, and nickel-copper-sulphide deposits. The 4.3 square kilometer property is located in Gowan Township, 27 kilometers northeast of the City of [...]
Pelangio Exploration Inc. is pleased to announce the appointment of Dr. Joyce Rosalind Aryee to the Board of Directors. Dr. Joyce Rosalind Aryee, also known as "Auntie Joyce", is a distinguished former Ghanaian public figure, reverend minister, and businessperson. Dr. Aryee has served the Nation of Ghana, as a senior executive, for more than 40 years in both the public and private sectors. She has been recognized for her [...]
Pelangio Exploration Inc. is pleased to announce that it has commenced the initial diamond drill program on its 75 square kilometer Hailstone gold project in the La Ronge Gold Belt, Saskatchewan. Highlights of the Hailstone Gold Project Initial diamond drill program commenced at the Hailstone gold project Drill program focussed on the Asbell Bay target area, which represents a small portion of the entire 75 km2 property [...]
Pelangio Exploration Inc. is pleased to announce additional significant assay results with values up to 1325 parts per billion gold from an infill soil sampling program completed on its Dankran Project in Ghana during January 2021. The latest results further define the gold-in-soil anomalies at the northern end of the property, now sufficiently delineated for drill testing. The program also added to the anomalies in the [...]
Pelangio Exploration Inc. is pleased to announce significant assay results from its initial soil sampling program on the recently acquired Dankran Project in Ghana, which commenced in December 2020. Following the positive results, an infill soil sampling program was initiated, which is nearly completed, to more accurately define ten target areas with very significant gold in soil anomalism generated from the initial [...]
Pelangio Exploration Inc. is pleased to announce that it will continue to exercise its option on its Dome West property in Timmins, Ontario, by making a cash payment of $75,000 and issuing 100,000 common shares of the Company to Francois Desrosiers and to 6398651 Canada Inc., the optionees, in accordance with the terms of the agreement. Highlights of the Dome West Property 10 claims, located 800 meters west of Newmont's [...]