Pelangio Exploration Commences Exploration Follow Up Testing of Targets from UAV Magnetics Survey at Obuasi, Ghana
Pelangio Exploration has initiated a geochemical pitting program at its Obuasi property in Ghana, following up on targets identified from a recently completed UAV magnetics survey. The program aims to explore 2.5 kilometers of strike along the interpreted Obuasi Mine trend extension on Pelangio's adjacent property.
The exploration work is part of TuNya Mineral Resources 's US$250,000 technical study under their earn-in agreement. The high-resolution UAV magnetic survey, completed in December 2024, has better defined high magnetic strata interpreted as the strike extension of the mafic volcanic unit where most Obuasi mine mineralization is located.
The program involves hand-dug pits at 100-meter intervals along 200-meter spaced lines, with 100 pits initially planned. The two-month program will analyze one-meter channel samples for gold by fire assay, with 25% designated as higher priority. Based on results, the survey may be expanded, reduced, or infilled. Successful areas may undergo further trenching and potential drill testing.
Pelangio Exploration ha avviato un programma di scavo geochimico presso il suo proprietà di Obuasi in Ghana, a seguito di obiettivi identificati da un recente sondaggio magnetico UAV completato. Il programma mira ad esplorare 2,5 chilometri lungo l'estensione dell'Obuasi Mine trend interpretato sulla proprietà adiacente di Pelangio.
Il lavoro di esplorazione fa parte dello studio tecnico da 250.000 USD di TuNya Mineral Resources nell'ambito del loro accordo di guadagno. Il sondaggio magnetico UAV ad alta risoluzione, completato a dicembre 2024, ha definito meglio gli strati magnetici alti interpretati come l'estensione della formazione vulcanica mafica in cui si trova la maggior parte della mineralizzazione della miniera di Obuasi.
Il programma prevede scavi a mano a intervalli di 100 metri lungo linee distanziate di 200 metri, con 100 scavi inizialmente pianificati. Il programma di due mesi analizzerà campioni di canale di un metro per l'oro tramite analisi al fuoco, con il 25% designato come alta priorità. Sulla base dei risultati, il sondaggio potrebbe essere ampliato, ridotto o riempito. Le aree di successo potrebbero subire ulteriori scavi e potenziale test di perforazione.
Pelangio Exploration ha iniciado un programa de pitting geoquímico en su propiedad de Obuasi en Ghana, dando seguimiento a los objetivos identificados en un reciente estudio de magnetometría UAV. El programa tiene como objetivo explorar 2.5 kilómetros de strike a lo largo de la extensión interpretada de la tendencia de la Mina Obuasi en la propiedad adyacente de Pelangio.
El trabajo de exploración es parte del estudio técnico de 250.000 USD de TuNya Mineral Resources bajo su acuerdo de participación. El estudio magnético UAV de alta resolución, completado en diciembre de 2024, ha definido mejor las unidades magnéticas altas interpretadas como la extensión del estrato volcánico máfico donde se encuentra la mayor parte de la mineralización de la mina Obuasi.
El programa involucra pozos excavados a mano a intervalos de 100 metros a lo largo de líneas espaciadas de 200 metros, con 100 pozos planificados inicialmente. El programa de dos meses analizará muestras de canal de un metro para oro mediante un ensayo al fuego, con el 25% designado como mayor prioridad. Según los resultados, el estudio podría ser ampliado, reducido o rellenado. Las áreas exitosas pueden ser sometidas a nuevos muestreos y pruebas de perforación potenciales.
펠란기오 탐사(Pelangio Exploration)는 최근 완료된 UAV 자기 조사에서 식별된 목표를 토대로 가나 오부아시 지역(Obuasi property)에서 지화학적 함몰 프로그램을 시작했습니다. 이 프로그램은 펠란기오의 인접 지구에서 해석된 오부아시 광산 경향(Obuasi Mine trend)의 연장을 따라 2.5킬로미터를 탐사하는 것을 목표로 합니다.
탐사 작업은 투나( TuNya Mineral Resources)의 250,000달러 기술 연구의 일환으로 이루어지며, 이들은 그들의 진입 계약에 따라 진행됩니다. 2024년 12월에 완료된 고해상도 UAV 자기 조사는 대부분의 오부아시 광산 광물화가 위치한 마페 화산 단위의 연장으로 해석되는 높은 자기 층을 보다 잘 규명했습니다.
이 프로그램은 200미터 간격의 라인에서 100미터 간격으로 수작업으로 파는 함몰을 포함하며, 초기 계획으로는 100개의 함몰을 계획하고 있습니다. 두 달 간의 프로그램에서는 금을 위한 1미터 채널 샘플을 화산 분석으로 분석하며, 25%는 우선적으로 지정됩니다. 결과에 따라 조사는 확장, 축소 또는 보강될 수 있습니다. 성공적인 지역은 추가 도랑 시굴 및 잠재적인 드릴 테스트를 진행할 수 있습니다.
Pelangio Exploration a lancé un programme de fouilles géochimiques sur sa propriété d'Obuasi au Ghana, en continuant à cibler des objectifs identifiés lors d'une récente enquête magnetique par UAV. Le programme vise à explorer 2,5 kilomètres le long de l’extension interprétée de la tendance de la mine d’Obuasi sur la propriété adjacente de Pelangio.
Le travail d’exploration fait partie de l’étude technique de 250 000 USD de TuNya Mineral Resources dans le cadre de leur accord. L'enquête magnétique UAV haute résolution, achevée en décembre 2024, a mieux défini les strates magnétiques élevés interprétées comme l'extension de l'unité volcanique mafique où se situe la majeure partie de la minéralisation de la mine d’Obuasi.
Le programme comprend des fosses creusées à la main à intervalles de 100 mètres le long de lignes espacées de 200 mètres, avec 100 fosses initialement planifiées. Le programme de deux mois analysera des échantillons de canal d'un mètre pour l'or par assay incendie, 25 % étant désignés comme haute priorité. En fonction des résultats, l'enquête pourrait être étendue, réduite ou complétée. Les zones réussies pourraient faire l'objet de nouveaux tranchées et potentiellement de tests de forage.
Pelangio Exploration hat ein geochemisches Grubenprogramm in seiner Obuasi-Liegenschaft in Ghana gestartet, um Ziele zu verfolgen, die aus einer kürzlich abgeschlossenen UAV-Magnetfelduntersuchung identifiziert wurden. Das Programm zielt darauf ab, 2,5 Kilometer entlang der interpretierten Obuasi-Minen-Trend-Verlängerung auf Pelangios angrenzendem Grundstück zu erkunden.
Die Erkundungsarbeiten sind Teil einer technischen Studie über 250.000 USD von TuNya Mineral Resources im Rahmen ihrer Vereinbarung. Die hochauflösende UAV-Magnetfelduntersuchung, die im Dezember 2024 abgeschlossen wurde, hat hochmagnetische Schichten besser definiert, die als Verlängerung des mafischen Vulkanunits interpretiert werden, wo sich die meiste Mineralisierung der Obuasi-Mine befindet.
Das Programm umfasst von Hand gegrabene Gruben in Abständen von 100 Metern entlang von 200 Meter großen Linien, mit anfänglich 100 geplanten Gruben. Das zweimonatige Programm wird ein Meter lange Kanalsamples für Gold mittels Feuermethoden untersuchen, wobei 25 % als höhere Priorität eingestuft werden. Basierend auf den Ergebnissen kann die Untersuchung entweder erweitert, reduziert oder ergänzt werden. Erfolgreiche Gebiete könnten weiteren Grabenuntersuchungen und potenziellen Bohrtests unterzogen werden.
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Toronto, Ontario--(Newsfile Corp. - January 27, 2025) - Pelangio Exploration Inc. (TSXV: PX) (OTC PINK: PGXPF) ("Pelangio" or the "Company") is pleased to announce that a geochemical pitting program planned to test targets resulting from the recently completed UAV magnetics survey has commenced on Pelangio's Obuasi property.
Ingrid Hibbard, President and CEO, commented:
"The UAV airborne magnetics survey recently completed on Pelangio's Obuasi property has resulted in a more accurate interpretation of the strike extension of the Obuasi Mine trend onto Pelangio's adjacent property. A program of geochemical pitting has commenced to explore 2.5 kilometers of strike of the interpreted trend over an area which has experienced no previous trenching or drill testing. We are confident the program will aid significantly in the understanding of this priority target area at Obuasi and should define specific targets for further evaluation by trenching and/or drill testing."
Background
The ongoing work at Obuasi is in support of TuNya Mineral Resources Ltd.'s US
The interpreted strike extension of the Obuasi mine trend onto Pelangio's adjacent ground has experienced little historical drill testing with the majority of Pelangio's 2008-2010 drill testing being situated 200-1,200 meters west of the interpreted target structure. The planned geochemical pitting program will initially evaluate the northern 2.5 kilometers strike of the target trend and is expected to provide a better understanding of the geology and gold distribution over this area for further testing (Figure 1). This method also engages local workers for temporary roles, fostering collaboration with the community and further strengthening our position as a responsible exploration partner.
Planned Program
The geochemical pitting program will consist of hand-dug pits, 2 meters X 1 meter in area, and 2 or more meters deep excavated at 100 meter intervals along 200 meter spaced lines. One-meter channel samples will be obtained from pit bottoms and analyzed for gold by fire assay. Given the very steep, hilly nature of the area, hand digging pits will be quicker and less environmentally impactful than employing a mechanical excavator.
One hundred pits are initially planned with approximately
Following the pitting program, which is expected to take approximately two months for the entire 100-sample program, areas of significant anomalism and/or prospective geology may be evaluated further with a targeted trenching program. Highly prospective targets to emerge from these programs will then be considered for drill testing.
Figure 1. Location of Planned Pitting on Recent UAV Magnetics Survey, Obuasi Property
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6179/238616_8d11eae1a46e98cd_001full.jpg
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 focused on its two
For additional information, please visit our website at www.pelangio.com, or contact:
Ingrid Hibbard, President and CEO
Tel: 905-336-3828 / Email: 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 strategy of acquiring large land packages in areas of sizeable gold mineralization, and the Company's ability to complete the planned exploration programs. Regarding forward-looking statements and information contained herein, we have made many assumptions, including 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, 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, near-term production may not be viable,, delays due to COVID-19 or other safety protocols, 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.
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FAQ
What are the key findings from Pelangio's (PGXPF) UAV magnetics survey at Obuasi?
How many pits are planned in Pelangio's (PGXPF) 2025 Obuasi geochemical program?
What is the timeline for Pelangio's (PGXPF) Obuasi pitting program?
How is TuNya Mineral Resources involved in Pelangio's (PGXPF) Obuasi project?
What is the strike length being explored in Pelangio's (PGXPF) current Obuasi program?
