Antioquia Gold Inc.
Antioquia Gold Inc.
Suite 106, 2 Toronto Street Toronto, Ontario Canada M5C 2B5
51 999714192
Sector: Mining
Description
Antioquia Gold Inc is a metal mining and exploration company that primarily focuses on producing precious metals in Colombia.
The gold exploration company owns a 100 per cent stake in the Cisneros Gold project situated approximately 80 kilometers northeast of Medellin, Central Antioquia in Colombia.
The firm says that the Cisneros area hosts several gold mineralization projects, including Santa Elena Project (CuOro), Pavo Real Project (Red Eagle), Gramalote Project (AngloGold Ashanti/ B2Gold), Guatalupe Project (Sol Vista) and Nus Project (Colombian Mines/Arturus Ventures).
The project area includes numerous controlled mesothermal high-grade gold structures. Cisneros Project consists of 10 mining concessions with a total area of 5,630 hectares. The mining firm claims to have undertaken exploration and drilling activities at the property since 2007, with nine mineralization discoveries so far.
In addition, the exploration firm claims that of the seven, two discoveries would be soon at the production stage, namely Guayabito and Guaico deposits.
The Guayabito Deposit is a multiple zone deposit with a strike length up to 180 meters and a depth of 300 meters, Antioquia Gold claims. The firm claims to have significant drill intercepts at the GYB11-052 hole and PC10-026 hole. Another prospect, the Guayabito Deposit, is an en-echelon style deposit with a strike length of up to 200 meters, the firm claims.
On February 28, 2018, the gold mining company purchased from Gramalote Colombia Limited two mining properties, namely La Palma (5,582.53 hectares) and Cantayús (515 hectares).
Since August 2010, Antioquia Gold claims to have a strategic business partnership with Infinita Prosperidad Minera, wherein the latter invested more than US$18 million in Antioquia in exchange for ownership of approximately 90 per cent of its outstanding shares.
The gold mining company is domiciled in Toronto, Ontario. Antioquia’s stocks are listed and traded in the stock markets of Canada and the United States.
It is listed on the TSX Venture Exchange and OTCQX Market under ‘AGD’ and ‘AGDFX’ tickers.
Peers
AMO
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African Gold Group, Inc.
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AMX
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AU
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