Friday, February 04, 2022
FenixOro Gold (FDVXF)
A Good Story Keeps Getting Better
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.
Refer to the full report for the price target, fundamental analysis, and rating.
Abriaqui drilling program. Phases 1 and 2 were completed with a total of 16 holes, representing 8,062 meters of drilling, in the northwestern portion of the Abriaqui property. The program identified multiple mineralized veins with favorable gold grades, mineralized zones of up to 20 meters thickness with eventual bulk underground mining potential, and greater than expected depth of mineralization.
Outstanding drill results. The company released additional drill results, including the deepest intersection of ore grade gold to date. Hole P014 was drilled to a depth of 1,008 meters and intersected 15.71 grams of gold in the Orquidea vein at a elevation of 1,245 meters. This intersection is 300 meters deeper than any previously known mineralization in the Abriaqui district. The company is …
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*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.
