• Reunion Gold’s (RGD) objective for 2021 is to focus on the most promising projects to date
  • Reunion Gold started an initial one-thousand-meter drill program this past December
  • 760 meters out of the one-thousand-meter program have been drilled, and the program is set to be completed in January
  • The airborne geophysical survey at the Barrick Alliance NW Extension project in Suriname has not been started but is scheduled to commence in February 
  • Reunion Gold (RGD) is down 4.76 per cent and is C$0.10 at close

Reunion Gold’s (RGD) objective for 2021 is to focus on the most promising projects to date.

Some–but not all–projects are the Oko West project in Guyana, the Boulanger project in French Guiana, and the NW Extension project.

It will also continue to assess other high-potential projects in the Guiana Shield, particularly in Suriname and Guyana.

Following results from its trenching program at the Oko West project, Reunion Gold started an initial one-thousand-meter drill program this past December. 

In doing so, it tested the vertical and lateral continuity of the trench anomalies.

Seven hundred sixty meters out of the one-thousand-meter program have been drilled, and the program is set to be completed in January.

Additional trenching will be conducted along with the six kilometres-long contact of volcanic and granitic rocks. Only 30 per cent have been explored this far.

Reunion defined two mineralized zones at the Boulanger project, showing good lateral and depth continuity and significant gold grades.

The geology team is currently interpreting these results.

The airborne geophysical survey at the Barrick Alliance NW Extension project in Suriname has not been started but is scheduled to commence in February.

Reunion’s acting CEO, Carlos Bertoni, had this to say about the latest 2021 update.

 “We want to allocate resources to our most promising projects, and to that end, we have reviewed our project portfolio and decided to abandon our rights to acquire the Aremu North and Kartuni projects in Guyana,” said Bertoni.

“Barrick Gold had previously notified the Company of its decision to exclude the Aremu North project from the Alliance due to disappointing exploration results. We have also decided not to enter into a definitive option agreement for the Majorodam project in Suriname at this time,” concluded Bertoni.

Reunion Gold is a gold explorer in the Guiana Shield, South America, with a portfolio of projects in Guyana, Suriname and French Guiana.

Reunion Gold (RGD) is down 4.76 per cent and is C$0.10 at the close.

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