Pelangio Exploration Inc (PGXPF): NEWS RELEASE: Pelangio Exploration Comme...

NEWS RELEASE: Pelangio Exploration Commences Exploration Follow Up

NYBob · 2025-01-28T23:15:18.0800000Z

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.” https://images.newsfilecorp.com/files/6179/238616_8d11eae1a46e98cd_001full.jpg 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! https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175015670 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174399334

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