Pelangio Exploration Announces Drone Survey Underway at Manfo and Nkosuo
Pelangio Exploration (OTC:PGXPF) has initiated a high-resolution UAV aeromagnetic survey at its Manfo and Nkosuo projects. The survey, covering 900 line-kilometers with 50-meter spacing, is approximately 45% complete and will encompass all current exploration targets across both properties.
The drone survey aims to enhance geological and structural interpretation for future drill targeting. Additionally, the company expects to release an updated Mineral Resource Estimate for the Manfo project within the current quarter.
Pelangio Exploration (OTC:PGXPF) ha avviato un'indagine aeromagnetica ad alta risoluzione con UAV nei suoi progetti Manfo e Nkosuo. L'indagine, che copre 900 chilometri lineari con spaziatura di 50 metri, è completata per circa il 45% e includerà tutti gli attuali obiettivi di esplorazione su entrambe le proprietà.
Il rilievo con drone mira a migliorare l'interpretazione geologica e strutturale per la definizione di futuri obiettivi di perforazione. Inoltre, la società prevede di pubblicare una versione aggiornata della Stima delle Risorse Minerarie per il progetto Manfo entro il trimestre in corso.
Pelangio Exploration (OTC:PGXPF) ha iniciado una encuesta aeromagnética de alta resolución con UAV en sus proyectos Manfo y Nkosuo. La encuesta, que cubre 900 kilómetros lineales con un espaciamiento de 50 metros, está aproximadamente 45% completa y abarcará todos los objetivos actuales de exploración en ambas propiedades.
La encuesta con drones tiene como objetivo mejorar la interpretación geológica y estructural para futuros objetivos de perforación. Además, la empresa espera publicar una Estimación Actualizada de Recursos Minerales para el proyecto Manfo dentro del trimestre actual.
Pelangio Exploration (OTC:PGXPF)는 Manfo와 Nkosuo 프로젝트에서 고해상도 UAV 항공 자기 탐사를 시작했습니다. 50미터 간격으로 900라인 킬로미터를 커버하는 이번 조사는 약 45% 완료되었으며 두 부동산의 현재 탐사 대상 모두를 포함할 예정입니다.
드론 조사는 향후 시추 대상 선정에 도움이 될 지질 및 구조 해석을 향상시키는 것을 목표로 합니다. 또한 회사는 이번 분기 내에 Manfo 프로젝트의 광물 자원 추정치 업데이트를 발표할 계획입니다.
Pelangio Exploration (OTC:PGXPF) a lancé une enquête aéromagnétique à haute résolution par UAV sur ses projets Manfo et Nkosuo. L'enquête, couvrant 900 kilomètres-lignes avec un espacement de 50 mètres, est environ à 45 % terminée et englobera toutes les cibles d'exploration actuelles sur les deux propriétés.
Cette enquête par drone vise à améliorer l'interprétation géologique et structurale pour cibler les futurs forages. De plus, la société prévoit de publier une estimation mise à jour des ressources minérales pour le projet Manfo au cours du trimestre en cours.
Pelangio Exploration (OTC:PGXPF) hat eine hochauflösende UAV-Aeromagnetikbefliegung bei seinen Projekten Manfo und Nkosuo gestartet. Die Befliegung, die 900 Linienkilometer mit 50-Meter-Abstand abdeckt, ist etwa 45 % abgeschlossen und wird alle aktuellen Explorationsziele auf beiden Grundstücken umfassen.
Die Drohnenbefliegung soll die geologische und strukturelle Interpretation zur besseren Zielauswahl für zukünftige Bohrungen verbessern. Zudem erwartet das Unternehmen, im laufenden Quartal eine aktualisierte Mineralressourcenschätzung für das Manfo-Projekt zu veröffentlichen.
- Survey will assist in geological interpretation and drill target optimization
- Nkosuo shows geological continuity with Manfo, potentially expanding resource potential
- Mineral Resource Estimate update for Manfo project expected this quarter
- None.
Toronto, Ontario--(Newsfile Corp. - July 16, 2025) - Pelangio Exploration Inc. (TSXV: PX) OTC PINK: PGXPF) ("Pelangio" or the "Company") is pleased to announce that a high-resolution UAV aeromagnetic survey is currently underway. The 900 line-kilometer 50 meter-spaced survey will cover all current exploration targets from the northern end of Manfo to the southern end of Nkosuo. The survey results should greatly assist in geological and structural interpretation and the refinement and ranking of targets for drill testing over the combined projects. The survey has progressed well and is approximately
"The launch of our high-resolution drone survey marks an exciting step forward in unlocking the full potential of the Nkosuo Mining Lease and the broader Manfo project area," commented Ingrid Hibbard, President and CEO. "Nkosuo's geological continuity with Manfo and its multiple mineralized trends position it as a transformative extension that could significantly enhance the total resource potential of the unified corridor. Additionally, we are nearing completion of the announced Mineral Resource Estimate update for the Manfo project and are on track for its release this quarter."
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Qualified Person
Mr. Kevin Thomson, P.Geo. (Ontario, #0191), Senior Vice-President, Exploration and Director, is a qualified person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Thomson approved the technical data disclosed in this release.
About Pelangio
Pelangio acquires and explores prospective land packages located in world-class gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two
1. The results of exploration or mineral resources on an adjacent property are not necessarily indicative of the mineralization on Pelangio's property
For additional information, please visit our website at www.pelangio.com, or contact:
Ingrid Hibbard, President and CEO
T: 905-336-3828 // E: info@pelangio.com
Forward-Looking Statements: Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements and information include statements regarding the Company's ability to complete the acquisition of the Nkosuo Project, the planned work programs, the Company's strategy of acquiring large land packages in areas of sizeable gold mineralization, the Company's plans to follow-up on previous work, and the Company's exploration plans. With respect to forward-looking statements and information contained herein, we have made numerous assumptions, including assumptions about the state of the equity markets. Such forward-looking statements and information are subject to risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Such risks include the changes in equity markets, share price volatility, volatility of global and local economic climate, inability to obtain necessary approvals or permits in Ghana including a forest entry permit, gold price volatility, political developments in Ghana, and Canada, increases in costs, exchange rate fluctuations, speculative nature of gold exploration, including the risk that favourable exploration results may not be obtained, and other risks involved in the gold exploration industry. See the Company's annual and quarterly financial statements and management's discussion and analysis for additional information on risks and uncertainties relating to the forward-looking statement and information. There can be no assurance that a forward-looking statement or information referenced herein will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Also, many of the factors are beyond the control of the Company. Accordingly, readers should not place undue reliance on forward- looking statements or information. We undertake no obligation to reissue or update any forward-looking statements or information except as required by law. All forward-looking statements and information herein are qualified by this cautionary statement. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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FAQ
What is the scope of PGXPF's new drone survey at Manfo and Nkosuo?
When will Pelangio Exploration release the Manfo project resource estimate?
How does the Nkosuo property relate to Pelangio's Manfo project?
Who is overseeing the technical aspects of PGXPF's exploration program?
