NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: R
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Posted On: 12/11/2023 4:00:56 PM
NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Comments on Steadfast Commitment to Guyana
Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today commented on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week. The internationally recognized border between Venezuela and Guyana was established on Oct. 3, 1899, by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid, and Guyana brought this matter before the International Court of Justice in 2018 asking the court to confirm the 1899 arbitral award. The escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil discoveries by ExxonMobil and other companies in offshore areas intersecting the Essequibo region, as well as the upcoming elections in Venezuela. The consultative referendum asked citizens of Venezuela whether they favor the creation of a new Venezuelan state that purports to incorporate Guyana’s Essequibo region into its own territory. There is wide discredit over Venezuela’s unilateral claim over the Essequibo region and recent actions, and U.S. Secretary of State, Antony Blinken, reaffirmed last week the United States’ support for Guyana in the ongoing border controversy. Reunion Gold emphasized that, amidst these geopolitical developments and the recent consultative referendum results, its commitment to Guyana remains steadfast and that the Oko West Project exploration activities at site and development studies continue to progress as planned. The company is dedicated to exploring across Guyana’s diverse and mineral-rich regions and is continuing, unabated, in its efforts to establish the next large-scale mining operation in the country.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today commented on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week. The internationally recognized border between Venezuela and Guyana was established on Oct. 3, 1899, by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid, and Guyana brought this matter before the International Court of Justice in 2018 asking the court to confirm the 1899 arbitral award. The escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil discoveries by ExxonMobil and other companies in offshore areas intersecting the Essequibo region, as well as the upcoming elections in Venezuela. The consultative referendum asked citizens of Venezuela whether they favor the creation of a new Venezuelan state that purports to incorporate Guyana’s Essequibo region into its own territory. There is wide discredit over Venezuela’s unilateral claim over the Essequibo region and recent actions, and U.S. Secretary of State, Antony Blinken, reaffirmed last week the United States’ support for Guyana in the ongoing border controversy. Reunion Gold emphasized that, amidst these geopolitical developments and the recent consultative referendum results, its commitment to Guyana remains steadfast and that the Oko West Project exploration activities at site and development studies continue to progress as planned. The company is dedicated to exploring across Guyana’s diverse and mineral-rich regions and is continuing, unabated, in its efforts to establish the next large-scale mining operation in the country.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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