Pelangio Exploration Inc (PGXPF)

[NYBob]

NEWS RELEASE: Pelangio Exploration Commences Exploration Follow Up Testing of
Targets from UAV Magnetics Survey at Obuasi, Ghana
TORONTO, Ontario (January 27th, 2025) –

https://pelangio.com/site/assets/files/5638/2025_01_27_pelangio_obuasi_planned_pitting_program_291177501_kpt.pdf

Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF)
(“Pelangio” or the “Company”) is pleased to announce that a geochemical pitting program planned to test
targets resulting from the recently completed UAV magnetics survey has commenced on Pelangio’s Obuasi
property.
Ingrid Hibbard, President and CEO, commented:
“The UAV airborne magnetics survey recently completed on Pelangio’s Obuasi property has resulted in a
more accurate interpretation of the strike extension of the Obuasi Mine trend onto Pelangio’s adjacent
property. A program of geochemical pitting has commenced to explore 2.5 kilometers of strike of the
interpreted trend over an area which has experienced no previous trenching or drill testing. We are
confident the program will aid significantly in the understanding of this priority target area at Obuasi and
should define specific targets for further evaluation by trenching and/or drill testing.”



Qualified Person
Mr. Kevin Thomson, P.Geo. (Ontario, #0191), Senior Vice-President, Exploration and Director, is a qualified
person within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr.
Thomson approved the technical data disclosed in this release.

About Pelangio
Pelangio acquires and explores prospective land packages located in world-class gold belts in Ghana, West
Africa and Canada. In Ghana, the Company is focused on its two 100% owned camp-sized properties: the
100 km2 Manfo property, the site of eight near-surface gold discoveries, and the 284 km2Obuasi property,
located 4 km on strike and adjacent to AngloGold Ashanti’s prolific high-grade Obuasi Mine, as well as the -

OBUASI MINE - ANGLO - IS ONE OF THE RICHEST OLD MINES IN THE WORLD -
IMO!

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