Stocks in play: Goldex Resources Corporation

Set out in 2017 to identify a gold project in West Africa that would have the potential to create the foundation for a significant gold mining company There were certain criteria, such as the projects location and geology, that were crucial to their decision. Mali is the third largest gold producer in Africa and hosts several world-class mines with greater then four million ounces of gold in resources and has a strong pro-mining culture. The company also targeted assets with development plans and ideally environmental permits and mining licenses in place, as well as an in-country team. The Korokoro property joint venture agreement announced on February 26, 2018 met all these criteria. Goldex Resources Corporation shares V.GDX are trading up $0.06 at $2.25.