VANCOUVER, British Columbia, Nov. 30, 2018 (GLOBE NEWSWIRE) — Core Gold Inc. (“Core Gold” or the “Company”) (TSX-V: CGLD, OTCQX: CGLDF) is pleased to announce that it held a meeting with the President of Ecuador and the Vice Minister of Mining.
On Tuesday November 27th, Mr. Keith Piggott, CEO and President of Core Gold Inc., had the unique privilege to meet with the Honorable Mr. Lenin Moreno, President of the Republic of Ecuador and Mr. Fernando Benalcazar, the Vice Minister of Mining. The meeting took place at the Presidential Palace of Carondelet in Quito, Ecuador.
During the meeting several subjects were discussed related to Core Gold’s achievements over the last 2 years. This included the social harmony and local economic development that has been created as a result of Core Gold’s approach and on-going investment in Ecuador.
In addition, President Moreno stated how his Government is moving forward with the streamlining of administration processes and permitting procedures in the mining sector.
Mr. Fernando Benalcazar followed up on this topic by saying “responsible mining investors such as Core Gold that are committed to social and environmental best practices are extremely welcome in Ecuador”.
Mr. Keith Piggott was quoted “I am honored to meet with President Moreno and Vice Minister Benalcazar. We firmly believe that a sustainable mining industry can be advanced in Ecuador for the benefit of all stakeholders”.
About Core Gold
The Company is a Canadian based mining company involved in the mining, exploration and development of mineral properties in Ecuador. The Company is currently focused on gold production at its wholly-owned Dynasty Goldfield project. Mineral is treated at the Company’s wholly-owned Portovelo treatment plant. The Company also owns other significant gold exploration projects including the Linderos and Copper Duke area in southern Ecuador all of which are on the main Peruvian Andean gold-copper belt extending into Ecuador.
For further information please contact: Keith Piggott, CEO
Suite 1201 – 1166 Alberni Street
Vancouver, B.C. V6E 3Z3
Phone: +1 (604) 345-4822
Email: info@coregoldinc.com
Cautionary Notice:
This news release contains statements which are, or may be deemed to be, “forward-looking information” which are prospective in nature. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause Core Gold’s actual results, revenues, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Important risks that could cause Core Gold’s actual results, revenues, performance or achievements to differ materially from Core Gold’s expectations include, among other things, risks relating to the actual results of additional exploration activities; fluctuating prices in metals and other commodities; possibility of accidents, equipment breakdowns, labor disputes or other unanticipated difficulties with or interruptions in operations; exploration cost overruns; the geology, grade and continuity of mineral deposits; currency fluctuations; availability of capital and financing to maintain the Company’s operations and plans; general economic, market or business conditions; regulatory changes; timeliness of government or regulatory approvals; and other risks detailed herein and as disclosed in the Company’s filings as available on SEDAR at www.sedar.com. Other than in accordance with regulatory obligations, Core Gold is not under any obligation and Core Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/3d4861a2-1d5c-4d22-b16a-7466b09e6ccb