It is also pleased to announce that the Company has contracted Globexplore Drilling. A rig is now being mobilized and is expected on site by the end of the week.
The commencement of trading is the culmination of a reverse takeover of
The first phase will consist of approximately 3000 meters of diamond core drilling. Its objective is to confirm and expand upon work completed by the previous project operator. This encountered multiple intercepts of gold mineralization. The Company intends to continue drilling based on the results of Phase 1.
Recent work conducted by Ranchero has identified three primary target zones known as
Contact:
Tel: +1 303 589 3734
Email: info@rancherogold.com
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This news release contains certain forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as 'expects' or 'does not expect', 'is expected', 'anticipates' or 'does not anticipate' 'plans', 'estimates' or 'intends' or stating that certain actions, events or results ' may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved) are not statements of historical fact and may be 'forward-looking statements'. Forward-looking statements contained in this news release include, but are not limited to, the final acceptance of the TSXV to the Transaction.
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to materially differ from those reflected in the forward-looking statements. These risks and uncertainties include but are not limited to: risks related to regulatory approval, including the approval of the TSXV. There can be no assurance that forward-looking statement will prove to be accurate, and actual results and future events could differ materially from those anticipate in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.
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