FenixOro to Present at Colombia Gold Symposium

Rhea-AI Summary

FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF) announced plans to present at the Colombia Gold Symposium in Medellin on November 16-17, 2021. CEO John Carlesso will showcase the Abriaqui gold project on the New Gold Explorers panel. The symposium focuses on gold and copper exploration, discussing country risk and innovation. FenixOro is dedicated to exploring gold projects in Colombia’s prolific regions, with the Abriaqui project located near significant gold discoveries. A Phase 2 drilling program is underway following a successful first phase, indicating a high-grade gold deposit.

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) -- FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is pleased to announce that the Company will present at the Colombia Gold Symposium held in Medellin, Colombia November 16^th and 17^th, 2021.

FenixOro CEO John Carlesso will present the Abriaqui gold project on the New Gold Explorers panel Tuesday, November 16^th.

CGS2021 is a leading, in-person regional event focused on gold and copper exploration and development, country risk and innovation. For information and the event program please visit ColombiaGold.co or email info@colombiagold.co. 

About FenixOro Gold Corp.

FenixOro Gold Corp is a Canadian company focused on acquiring and exploring gold projects with world class exploration potential in the most prolific gold producing regions of Colombia. FenixOro's flagship property, the Abriaqui project, is the closest project to Continental Gold's Buritica project. It is located 15 km to the west in Antioquia State at the northern end of the Mid-Cauca gold belt, a geological trend which has seen multiple large gold discoveries in the past 10 years including Buritica and Anglo Gold's Nuevo Chaquiro and La Colosa. As documented in "NI 43-101 Technical Report on the Abriaqui project Antioquia State, Colombia" (December 5, 2019), the geological characteristics of Abriaqui and Buritica are similar. Since the preparation of this report a Phase 1 drilling program has been completed at Abriaqui resulting in a significant discovery of a high grade, “Buritica style” gold deposit. A Phase 2 drilling program has recently commenced.

FenixOro's VP of Exploration, Stuart Moller, led the discovery team at Buritica for Continental Gold in 2007-2011. At the time of its latest public report, the Buritica Mine contains measured plus indicated resources of 5.32 million ounces of gold (16.02 Mt grading 10.32 g/t) plus a 6.02 million ounce inferred resource (21.87 Mt grading 8.56 g/t) for a total of 11.34 million ounces of gold resources Buritica began formal production in November 2020 and has expected annual average production of 250,000 ounces at an all-in sustaining cost of approximately US$600 per ounce. Resources, cost and production data are taken from Continental Gold's "NI 43-101 Buritica Mineral Resource 2019-01, Antioquia, Colombia, 18 March, 2019"). Continental Gold was recently the subject of a takeover by Zijin Mining in an all-cash transaction valued at C$1.4 billion.

FenixOro Gold Corp

John Carlesso, CEO
Email: info@FenixOro.com
Website: www.FenixOro.com

Telephone: 1-833-ORO-GOLD

FAQ

When is FenixOro's presentation at the Colombia Gold Symposium?

FenixOro Gold Corp will present at the Colombia Gold Symposium on November 16-17, 2021.

Who will present at the Colombia Gold Symposium for FenixOro?

CEO John Carlesso will present the Abriaqui gold project at the symposium.

What is the focus of the Colombia Gold Symposium 2021?

The symposium focuses on gold and copper exploration, country risk, and innovation.

What project will FenixOro present at the symposium?

FenixOro will present the Abriaqui gold project at the Colombia Gold Symposium.

What is the current status of the Abriaqui project?

A Phase 2 drilling program has recently commenced at the Abriaqui project after a successful first phase.