Eco Oro Minerals Corporation is a precious metals exploration and development company currently working on developing its wholly-owned, multi-million ounce Angostura gold-silver deposit (the “Angostura Project”) in north-eastern Colombia. The Company’s head office is located in Vancouver, British Columbia, Canada and its exploration and administrative office in Colombia is located in the city of Bucaramanga. The Angostura Project is located approximately 55 kilometres north-east of Bucaramanga. The Company is a reporting issuer in British Columbia, Alberta, Ontario and Nova Scotia and trades on the Toronto Stock Exchange (“TSX”), under the symbol EOM.
Highlights:
- An emerging gold company with a multi-million-ounce, wholly owned resource
- “First mover” status in Colombia: more than 30,000 hectares of exploration concessions in the emerging California district
- Strong balance sheet: US$68.8 million cash & no debt (Q3 2011 )
- $160 million spent on exploration to date
- Contracts awarded to four international engineering companies to perform feasibility studies for the underground project