Latest De Beira Goldfield (DBGF) Headlines Pa
Post# of 4
Panex Resources Inc.: Significant Drilling Results From Giro Gold Project, Moto Belt, DRC
Marketwire - Thu Feb 13, 11:40AM CST
Highlights
Panex Resources Inc.: Drilling Commences on Giro Gold Project, Moto Belt, DRC
Marketwire - Tue Jan 07, 8:08AM CST
Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF), is pleased to announce that it commenced drilling on its highly prospective Giro Gold Project on 30 December 2013. The Giro Project covers a surface area of 610sqkm and lies within the Kilo-Moto Belt in one of the world's principal greenstone belts which hosts Randgold Resources' multi-million ounce Kibali Gold deposits within 30km of Giro, Anglogold Ashanti's deposits to the east, Loncore and Kilogold deposits to the south and 50Moz of gold discovered in Tanzania since 1994.
Panex Acquires 55% Interest in Giro Goldfields and Announces New CEO
Marketwire - Mon Dec 09, 8:03AM CST
Panex Resources Inc. (the "Company", or "Panex") (OTCQB: DBGF) is pleased to announce that it has acquired 85% of Amani Consulting SPRL currently in Joint Venture with state entity La Societe Miniere de Kilo Moto (Sokimo). The company now owns an ultimate 55% interest in Giro Goldfields SPRL (Giro). Amani has a 65% interest and Sokimo has a 35% free carried interest in Giro which is comprised of two exploitation permits, PE's 5046 and 5049, covering a surface area of 610sqkm. The permits lie within 20 - 30km west of Randgold/Ashanti's 20Moz Kibali gold deposits.
Panex signs MOU to Acquire 55% Interest in Giro Goldfields and Announces Capital Raising
Marketwire - Tue Oct 22, 8:07AM CDT
Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF), is pleased to announce that it has signed a Memorandum of Understanding (MOU) with Amani Consulting SPRL currently in Joint Venture with state entity La Societe Miniere de Kilo Moto (Sokimo) to acquire a 55% interest in Giro Goldfields SPRL (Giro). Amani has a 65% interest and Sokimo has a 35% free carried interest in Giro which is comprised of two exploitation permits, PE's 5046 and 5049, covering a surface area of 610sqkm. The permits lie within 20 - 30km west of Randgold/Ashanti's 20Moz Kibali gold deposits.
Panex Announces Withdrawal from Acquisition and Cancellation of Intended Capital Raise
Marketwire - Wed Apr 10, 12:02PM CDT
Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF) (FRANKFURT: D1Q), wishes to announce its withdrawal from the acquisition agreement with Amani Consulting Sprl to acquire an interest in the Giro Goldfields Project in northeast DRC as announced on 14th January 2013. This is largely due to difficult market conditions and unresolved issues with the vendors.
Panex Announces Capital Raising
Marketwire - Wed Jan 23, 1:40PM CST
Panex Resources Inc. (the "Company," or "Panex") (OTCQB: DBGF) (FRANKFURT: D1Q), is pleased to announce that it intends to raise capital via the issuance of approximately 200,000,000 shares at $0.005 cents per share.
Panex Enters into Agreement to Acquire Highly Prospective Gold Project in the Moto Gold Belt, Democratic Republic of Congo
Marketwire - Mon Jan 14, 1:16PM CST
Panex Resources Incorporated (the "Company," or "Panex") (OTCQB: DBGF), is pleased to announce that it has entered into an agreement with Amani Consulting SPRL to acquire a 65% interest in a group of two tenements (Exploitation Licences 5046 and 5049) which cover 610sq km of prospective ground in the Oriental Province, northeast Democratic Republic of Congo, Central Africa. The tenements are located within thirty kilometers to the west of Randgold Resources' multi-million ounce Kibali Gold deposits as shown in Figure 1. Both projects occur within the Kilo-Moto Belt in one of the world's principal greenstone belts which hosts Anglogold Ashanti's deposits to the east, Loncore and Kilogold deposits to the south and 50Moz of gold discovered in Tanzania since 1994.