Pelangio Exploration Completes UAV Magnetics Survey on Its Obuasi Project, Ghana [Yahoo! Finance]
AngloGold Ashanti PLC Ordinary Shares (AU)
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Source: Yahoo! Finance
Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - Pelangio Exploration Inc. (TSXV: PX) (OTC Pink: PGXPF) ("Pelangio" or the "Company") is pleased to announce the completion of a high-resolution UAV airborne magnetics survey on its Obuasi property in Ghana. The survey has returned highly encouraging results, highlighting the interpreted strike extension of the Obuasi Mine trend (operated by AngloGold Ashanti) with multiple untested targets. Ingrid Hibbard, President and CEO, commented: "The UAV airborne magnetics survey has delivered a much clearer picture of the geological and structural framework over a section of our Obuasi property. This improved understanding will help us identify and prioritize targets for Obuasi-style mineralization. Pelangio retains 100% ownership of this highly prospective ground. We look forward to TuNya's detailed interpretation of the survey and proposed follow-up programs." Background The survey was completed as part of TuNya Mineral Resour
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