Pelangio Exploration: Unlocking Obuasi's Potential with Geochemical Pitting

Pelangio Exploration Inc. (TSXV: PX) (OTC PINK: PGXPF) has kicked off an exciting exploration follow-up program at its Obuasi property in Ghana, building on the recent UAV magnetics survey. This geochemical pitting program is set to provide valuable insights into the property's geology and gold distribution, paving the way for further exploration and development. Let's dive into the details of this compelling initiative.



The Obuasi property, contiguous with AngloGold Ashanti's world-class Obuasi gold mine, holds immense potential. Pelangio's recent drilling campaign discovered high-grade, vein-hosted visible gold mineralization in sheared graphitic argillites, mirroring the typical ore host at the Obuasi Mine. The property also contains evidence of both free and refractory gold mineralization, with quartz veining in carbonaceous shear zones and silicification within sediments, volcanics, and dioritic intrusives.

The geochemical pitting program, planned to test targets resulting from the UAV magnetics survey, will evaluate the northern 2.5 kilometers strike of the interpreted Obuasi Mine trend. This method involves hand-dug pits at 100-meter intervals along 200-meter spaced lines, with one-meter channel samples obtained from pit bottoms and analyzed for gold by fire assay. The program is expected to take approximately two months for the entire 100-sample program, with areas of significant anomalism and/or prospective geology potentially evaluated further with a targeted trenching program.

This exploration program complements the UAV magnetics survey, which better defined high magnetic strata interpreted as the strike extension of the mafic volcanic unit where most Obuasi mine mineralization is situated. The geochemical pitting program will help evaluate the northern 2.5 kilometers strike of the target trend and provide a better understanding of the geology and gold distribution over this area for further testing.

The key geological features and structures that the geochemical pitting program aims to investigate include high magnetic strata, D2 anastomosing splay structures, and north-north-east striking D5 structures. These structures have the potential to have channeled mineralized fluids from the Obuasi Mine property, leading to the deposition of a sizeable lode of gold mineralization in a suitable structural trap on Pelangio's ground.

The planned geochemical pitting program is a crucial component of Pelangio's overall exploration strategy for the Obuasi property. It aims to test targets resulting from the recently completed UAV magnetics survey and provide valuable data and insights that will guide further exploration and development efforts on the property. The expected outcomes of this program include a better understanding of the geology and gold distribution over the target area, engagement of local workers for temporary roles, and the potential for additional pitting, trenching, and drill testing based on the results.

In conclusion, Pelangio Exploration's geochemical pitting program at the Obuasi property is an exciting and strategic initiative that builds on the recent UAV magnetics survey. This program is expected to provide valuable insights into the property's geology and gold distribution, paving the way for further exploration and development. As Pelangio continues to unlock the potential of the Obuasi property, investors should keep a close eye on this promising exploration company.