22.7 C
Johannesburg
September 27, 2021
Mining Africa News
Mining News

Arbor Metals Provides Update on Ongoing Development at the Rakounga Gold Concession, Burkina Faso, West Africa

Arbor Metals Corp. (the “Company”) (TSXV:ABR) (FWB: 32) wishes to advise shareholders that the Company continues to progress with development and planning of its intended work program for the Rakounga Gold Project, located northwest of Ouagadougou, Burkina Faso, West Africa, to be undertaken in the Fall of 2021.  The work program follows geophysical survey work previously conducted by the Company on the Project.
Access and travel to Burkina Faso and the Project continues to improve, and the Company is confident that significant progress will be made in developing the Project through the Fall and Winter months.
Further details regarding the intended work program to be undertaken by the Company, and the expected timeframe, will made be made available as soon as finalized.
About the Rakounga Gold Project
The Rakounga Gold Project consists of an exploration permit covering a two-hundred-and-fifty square kilometer area located along the Goren Greenstone Belt in central Burkina Faso.  The Company, through its wholly owned subsidiary Kruger Gold Corp. (“Kruger”), holds the right to acquire up to a one-hundred percent interest in and to the Project, subject only to pre-existing royalty obligations.  Kruger has control over operations conducted on the Project and will look to expand on historical drilling and survey work conducted on the Project.
For further information, contact Mark Ferguson, Chief Executive Officer, at info@arbormetalscorp.com, or visit the Company’s website at www.arbormetalscorp.com.
On behalf of the Board,
Arbor Metals Corp.
Mark Ferguson, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.  When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information.  These forward-looking statements or information may relate to finalization of a work program at the Project, the anticipated timing for the commencement of such a program, and other factors or information.  Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance, or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.

Related posts

Environmental crisis statistics alarming, but there is good news – UNEP

Mike

Zimbabwe: Toyota Zimbabwe Maintains Larger New Vehicle Market Share

Mike

IT specialist suggests use of smart technologies to prevent illegal-mining

FORTUNE

Leave a Comment