Columbus entered agreement with Iamgold

Columbus Gold provides a corporate update and growth strategy for 2020 as follows, 1: A 5,000-metre core drilling program at the Maripa Gold Project (Maripa) in French Guiana is anticipated to commence during the second quarter of 2020; 2: Montagne d’Or engineering studies for committed project improvements and modifications are anticipated to be completed in the first semester of 2020.

 

3: A growth and diversification strategy has been implemented; 4: Priority for 2020 is the acquisition of an additional advanced-stage gold project in South America; 5: A strategic partnership was formed with Paris-based OCIM group (OCIM) for corporate development; 6: A new corporate vision has been adopted that will target gold deposits that can be developed with a reduced environmental footprint using innovative technologies.

 

Rock Lefrançois, President & CEO of Columbus commented: “Columbus intends to fully benefit from the improved gold equities market with an aggressive growth strategy that leverages the financing capabilities of its new major shareholder OCIM.”

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