Movers and SHAKERS
FenixOro Gold (FDVXF)
Momentum Building in 2022
FenixOro Gold Corp is a Toronto based company acquiring and exploring high grade gold projects in Colombia. The company's flagship Abriaqui Project is the nearest exploration project to Continental Gold's Buritica Mine.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
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Abriaqui Phase 2 drilling program. To date, the company has drilled 15 holes, representing over 7,000 meters of drilling during its Phase 1 and Phase 2 drilling programs in the northwestern portion of the property. Recall the company’s Phase 1 drilling program was completed in March 2021 and Phase 2 drilling commenced in April. Two main corridors of northwest (NWC) and east-west (EWC) trending veins have been delineated by mapping, soil sampling, ground magnetics, and diamond drilling. Phase 2 drilling will continue with four holes testing a series of northwest and east-west trending veins near the area already drilled.
A second drill rig has been deployed in the southeast license area. This area has not been drilled and represents significant mineral resource potential. Specific targets in the southeast include a series of northwest and east-west trending gold bearing veins that are similar in scale to those in the northern group of concessions. A 600-meter-long soil anomaly with greater than 1 gram of gold per ...
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*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.