Reunion Gold completes a first airborne geophysical survey at the NW Extension Project in Suriname
April 16 2021 - 9:06AM
Reunion Gold Corporation (TSX-V: RGD) (the "Company") is pleased to
announce the completion of an airborne magnetometric and
radiometric geophysical survey of the NW Extension Project in
Suriname.
The survey consisted of 3,000 kilometers of
flight lines spaced at 100 and 200 meters and flown by a
fixed-wing, high-resolution system operated by Terraquest Ltd., a
Canadian company with solid experience in the region. The
interpretation of available geophysical data indicates that the
large, greenstone belt-scale geological structures associated with
gold mineralization at the Rosebel gold deposit extend to the
northwest under cover of recent sediments, underlying the project
area footprint. The Company expects this geophysical survey to help
refine the area's structural geology interpretation and generate
targets. Results should be available for interpretation in the next
few weeks.
The NW Extension Project is part of the
Strategic Alliance with Barrick Gold Corporation and the
exploration costs are funded on a 50:50 basis. The 925 square
kilometres project area sits within the Northern Greenstone Belt of
Suriname, 60 kilometres to the west-southwest of the capital,
Paramaribo, and 70 km northwest of the Rosebel mine (Figure 1). The
Company has an option to acquire the NW Extension Project from a
Surinamese company.
The technical information in this press release
has been reviewed and approved by Carlos. H. Bertoni, P.Geo., the
Company's Acting CEO. Mr. Bertoni is a qualified person under
Canadian National Instrument 43-101.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the TSX
Venture Exchange policies) accept responsibility for this press
release's adequacy or accuracy.
Cautionary statement
This news release contains "forward‐looking
information or statements" within the meaning of applicable
securities laws, including statements regarding exploration plans,
potential mineralization and other statements beliefs, expectations
or intentions of the Company. Although we believe the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, actual results may differ materially
from those in forward-looking statements. Forward-looking
statements are based on our management's beliefs, estimates, and
opinions on the date the statements are made. The Company
undertakes no obligation to update these forward-looking statements
except as required by law.
About Reunion Gold
Reunion Gold Corporation is a leading gold
explorer with a portfolio of projects in Guyana, Suriname and
French Guiana, all located in the Guiana Shield, South America. The
Company's common shares are listed on the TSX Venture Exchange
under the symbol 'RGD.' Additional information about the Company is
available on SEDAR (www.sedar.com) and the Company's website
(www.reuniongold.com).
For further information, please contact:
REUNION GOLD CORPORATION
Carlos Bertoni,
Acting CEOPaul Fowler, Manager, Corporate DevelopmentTelephone: +1
450.677.2585Email: info@reuniongold.com
Figure 1: Location map of the NE Extension
Project permits, showing the outcropping greenstone belts of
eastern Suriname (green) with interpreted geological structures
related to gold mineralization in the region (dashed grey lines).
Also shown are the Rosebel, Saramaca and Merian gold
deposits.
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