Financial Press: Pelangio Expands the High Grade Potential of its Gold Discoveries on Ghana?s Prolific Sefwi Gold Belt
New York, NY (PRWEB) January 17, 2012 Canadian gold explorer Pelangio Exploration just confirmed its growing gold discovery is bigger and higher-grade than earlier results had indicated.
Today?s results are very positive and are in line with a string of recent successes for Pelangio Exploration. The company was originally created in September 2008 as a spin-off from Pelangio Mines ? the company that re-envisioned the Detour Lake Deposit, now the flagship project of Detour Gold currently valued at $ 2.8 billion.
Pelangio Exploration, meanwhile, has proven its potential to become another big gold discovery success story.
Pelangio has acquired large stakes on Ghana?s legendary greenstone belts, some of the most prolific gold-producing regions in the world. It has 390 square kilometers of prospective gold targets and discoveries spread across two 100% owned properties ? Obuasi and Manfo, as well as an option to acquire 100% of a third, 100 square kilometer property, Akroma. And it?