|Outstanding Shares ||75,161,640 |
Corex Gold Corp. (CGE:tsxv) is a Canadian-based resource exploration and development company that has established itself as one of the premier exploration companies in Mexico. The Company consists of a highly qualified technical team with extensive Mexico-based exploration experience including previous gold discoveries and expertise in geology, financing and public company management.
As an emerging mineral exploration company, investors have the opportunity to participate in two high quality exploration projects and in turn the potential to take part in a major gold discovery.
The primary focus is on the accelerated development of its Santana Property, a copper-gold project in Sonora, Mexico. The project has 27,000 m of drilling completed to date.
Additionally Corex has an on-going joint-venture with Goldcorp (G:tsx) on our Zuloaga property in Zacatecas, Mexico
Target: A multimillion-ounce epithermal gold deposit amenable to open pit mining and heap leaching.
Santana Technical Presentation
Located 50 km SE of Alamos Gold's 3 million Mulatos mine
Project area covers 7,700 hectares
Accessible via paved highway within 15km
Corex owns 100%
Goldcorp/Corex - Joint Venture
Corex Gold Corp has signed an Earn-In agreement with Goldcorp Inc. (NYSE:GG- TSX:G) through its Mexican subsidiary Glamis Exploration S.A. de C.V("Goldcorp"). Under the Agreement Goldcorp has the right to earn up to an 80% interest in Corex's Santa Rita and Zuloaga (collectively "Zuloaga") concessions in the states of Zacatecas and Coahuila.
The company is lead by industry veteran Craig Schneider. President & CEO, Mr. Schneider has over 20 years of extensive experience in Capital market financing, business development & strategic planning with public companies in Technology, Biotechnology and the Resource sector. He was a Co-founder of Magnum Uranium, a TSX.V company which was purchased by TSX Listed Energy Fuels (EFR:tsx). Mr. Schneider is a founder of InMed Pharmaceuticals Inc. and has been instrumental in building the company to its current stage of development. As an emerging mineral exploration company, investors have the opportunity to participate in two high quality exploration projects and in turn the potential to take part in a major gold discovery.
In the field, heading up CGE’s drilling and exploration program is one mining’s most experienced. Chris Babcock has 30 years of mining experience in open pit heap leach gold projects. 24 of his 30 years of experience are on Mexican projects, and almost all of Chris’ projects have been with or for Chester Millar, a mining ‘hall of famer’. His roles have primarily been in the development, design, construction, operation and management of small to medium sized gold heap leach projects.
The following is a quick reference list of projects where Mr. Babcock was heavily involved in bringing to production:
El Castillo Mine, an open pit heap leach gold mine in Durango, Mexico.
2004 to 2008.Morgain Minerals then Castle Gold.(Now owned by Argonaut Gold)
El Zapote Mine, an open pit heap leach gold mine, in Chihuahua, Mexico.
1995 to 2000.Minera Sonoro.
La Colorada Mine, an open pit heap leach gold mine, in Sonora, Mexico.
1992 to 1995.Eldorado Gold.(Now owned by Argonaut Gold)
Ryan Lode Mine, an open pit heap leach gold mine, in Alaska.
1985 to 1991.La Teko Resources.
Corex Gold has set itself up to be a near-term producer. They have a strategic property portfolio, strong management and solid partnership with one of the world’s leading gold mining companies. For these reasons, I am very happy to have had the chance to bring them to your attention and would encourage you to do your own due diligence on CGE.