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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (18234)9/8/2016 8:10:00 AM
From: Goose94Read Replies (1) of 202931
 
Corex Gold (CGE-V) Sept 8, '16 is pleased to announce it has received its final permit required for the construction of its heap-leach gold operations at its 100% owned Santana Project located in Sonora, Mexico.

The land use permit allows Corex to begin ground disturbance activities at Santana, which had previously received all necessary mining permits to allow the Company to develop an open-pit, heap leach gold operation and pilot plant.

Corex is pleased to announce that upon receipt of the land use permit it has mobilized heavy equipment and begun the ground preparation and construction of its initial heap-leach pad that will allow for the pilot testing of the Santana deposit.

The Santana Mine is located in a very favorable area of Mexico with excellent infrastructure and a good year-round climate.

"With this permit in place, and a seasoned operator in H Morgan & Co. (Chester Millar), we now have the ability to rapidly advance the Santana project into production," said Craig Schneider, Corex's President and CEO.

Additional construction updates will be provided in the coming weeks.

About Corex Gold Corp

Corex Gold Corp is a Canadian resource company focused on the near-term production, of its 100% owned flagship property, Santana Project, Sonora State, Mexico. In addition, Goldcorp Inc. has implemented an on-going exploration program on Corex's 100% owned Zuloaga property in Zacatecas State, Mexico.

ON BEHALF OF THE BOARD

"Craig D. Schneider"
President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Craig Schneider,
President & CEO

Tel: 604.683.2505
Fax: 604.683-2506
E-mail:
info@corexgold.com
Website:
www.corexgold.com
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