CGT changed name to OREA
Columbus Gold changes name to Orea Mining
2020-06-04 11:25 ET - News Release
Mr. Rock Lefrancois reports
COLUMBUS GOLD UNVEILS A NEW NAME AND TRADING SYMBOL: OREA MINING, TSX: OREA
Columbus Gold Corp. has changed its name to Orea Mining Corp. and trading symbol to OREA, effective Friday, June 5, 2020.
The name change to OREA is a natural progression as the company expands its operational scope with an emphasis on sustainable and responsible mining while driving value for investors.
Rock Lefrancois, president and chief executive officer of Columbus, commented, "The new name emphasises the company's commitment to its growth strategy and corporate objective of evolving from an explorer to also a producer in South America, targeting projects that can be developed with a reduced environmental footprint and upholding the highest international standards for responsible mining."
The company continues to progress on its plans and objectives for 2020 (refer to news releases dated Feb. 25, 2020, and May 12, 2020). Ground geophysical surveying at the Maripa gold project is anticipated to be completed in early July in preparation for the diamond drilling program to commence in the third quarter.
At the Montagne d'Or gold project, engineering studies for committed project improvements and modifications for mine permitting are scheduled to be completed by midyear.
The priority for 2020 remains the acquisition of an additional advanced-stage gold project in South America to materialize the objective of growing into a gold producer while putting forward our responsible mining approach. Select acquisition targets have been identified and are under negotiation.
About Columbus Gold Corp.
Columbus Gold is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America. |
