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Orea to Acquire 100% of Maripa Gold Project in French Guiana

Retrieved on: 
Tuesday, February 15, 2022
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VANCOUVER, BC, Feb. 15, 2022 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG)is pleased to announce it has entered into an agreement (the "Purchase Agreement") with a subsidiary of IAMGOLD Corporation ("IAMGOLD") (TSX: IMG) to acquire an undivided 100% interest in the Maripa Gold Project ("Maripa"), located in French Guiana, France.

Key Points: 
  • VANCOUVER, BC, Feb. 15, 2022 /PRNewswire/ - Orea Mining Corp. ("Orea") (TSX: OREA) (OTCQX: OREAF) (FSE: 3CG)is pleased to announce it has entered into an agreement (the "Purchase Agreement") with a subsidiary of IAMGOLD Corporation ("IAMGOLD") (TSX: IMG) to acquire an undivided 100% interest in the Maripa Gold Project ("Maripa"), located in French Guiana, France.
  • The Purchase Agreement now allows Orea to acquire 100% interest in Maripa by issuing 6 million common shares to IAMGOLD.
  • Rock Lefrancois, President & CEO of Orea commented"Maripa is a quality gold exploration project with high potential and exceptional geological setting.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.

Orea Commences Drill Program at the Maripa Gold Project in French Guiana

Retrieved on: 
Friday, January 14, 2022
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A total of 63 diamond drill holes (4,500 meters) were drilled by the French geological survey (BRGM, 1978-1998) and by IAMGOLD (2002-2004).

Key Points: 
  • A total of 63 diamond drill holes (4,500 meters) were drilled by the French geological survey (BRGM, 1978-1998) and by IAMGOLD (2002-2004).
  • Orea entered into an agreement in July 2018 with IAMGOLD Corporation to acquire up to a 70% interest in Maripa.
  • Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.

Orea Commences Preparation for a Drill Program on the Maripa Gold Project in French Guiana

Retrieved on: 
Wednesday, December 8, 2021
Environment, Tax, Administrative court, Forward-looking statement, Gold, Phrase, Classification, Rhyodacite, Guiana Shield, View, News, Epidemic, Perdu d'avance, Perception, Metal, Nature, THE, Pandemic, Mining, Iamgold, Multimedia, COVID-19, AIF, NGT, BOARD, National instrument, Acquisition, Compliance, Montagne, Risk, Uranium, Risk management

Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.

Key Points: 
  • Maripa is located in eastern French Guiana along a paved national road, approximately 60 kilometers south of the capital city of Cayenne.
  • In October-November 2020, Orea completed 8 diamond drill holes, for 1,168 meters, that tested 4 separate targets identified in the central part of the Maripa (see news release date January 27, 2021).
  • Orea is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.
  • In French Guiana, Orea holds a major interest in the world-class Montagne d'Or mine development project and is also advancing the Maripa and Suriname gold exploration projects.