Exore Resources - Make It No Mistake, I Will Prove You Wrong
Matthew Gordon, Ptolemy Capital
Interview with Justin Tremain, Managing Director of Exore Resources (ASX: ERX)
Exore Resources, formerly Oroya Mining Limited, is an Australian-based Gold exploration and development company listed on the ASX, and was founded in 1985. The company owned lithium mining projects in Portugal and Sweden.
Exore Resources recently acquired what it claims to be 'some of the most compelling Gold exploration ground in northern Cote d’Ivoire, covering 1,948km2.
Exore claims Côte d’Ivoire is an 'established and proven jurisdiction for exploration, permitting and mine development, with an attractive fiscal regime and mining code.' While the country has seen 5 gold mines developed over the past 10 years with several recent additional +1Moz gold discoveries at resource definition/feasibility stage, we were keen to ask about the current operational environment; specifically, the surge of terrorist activity regarded by the UN as 'unprecedented' in the Sahel (West Africa) in their neighbouring countries of Mali and Burkinho Faso. Is this an investable jurisdiction right now? Find out what Tremain has to say.
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