MetalsGrove secures 75km Côte d’Ivoire gold corridor via JV

Core Viewpoint - MetalsGrove Mining has significantly expanded its gold exploration footprint in Côte d'Ivoire through a new joint venture with Aucrest Sarl, increasing its total controlled exploration area to 1,315 km², which is strategically located along the Abujar–Napié gold trend [1][2][4]. Group 1: Expansion and Strategic Positioning - The acquisition of the PR750-Zuénoula permit adds 395.78 km² to MetalsGrove's exploration area, consolidating its position in a highly prospective region [2][4]. - The four joint venture gold permits are located approximately 100 km north of the Abujar Gold Mine and 160 km south of the Napié gold deposit, indicating a favorable geological setting for gold discoveries [3][4]. Group 2: Geological Features and Potential - The geological features of the newly acquired Zuénoula permit, along with the existing Kounahiri West and Vavoua permits, create a contiguous exploration corridor with shared geological characteristics that are conducive to gold mineralization [5][6]. - Active artisanal mining in the district highlights the region's untapped gold potential, reinforcing the strategic importance of the new permit [5]. Group 3: Future Plans and Methodology - MetalsGrove plans to commence surface sampling activities to define gold corridors, followed by drill testing to explore identified targets [6][7]. - The company's approach is methodical and data-driven, leveraging regional knowledge and partnerships to efficiently unlock value in its exploration efforts [7].