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Introduction to Fiore Exploration – A New Cashed Up Explorer Currently Drilling

Cory
May 31, 2017

In my constant effort to bring attention to interesting new companies today I interviewed the CEO of Fiore Exploration (TSX.V:F and OTCQX:FIROF). Fiore was founded last summer, has 3 projects in its portfolio with drills currently turning, and has around $10 million in the bank.

Please let me know what you think of the Company and if you have any further questions.

Click here to visit the Fiore Exploration website for more information.

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Discussion
4 Comments
      May 31, 2017 31:06 PM

      V.F This will be an incredibly successful Mining Company. I would like to see this company make a reverse takeover or a hostile takeover of a junior minor with great assets and poor management. There are a lot of these companies out there. I would love to see you buy a prospect generator or at least invest in one and then JV all their best projects. These types of companies are incredibly cheap and slow to ramp up. I believe your streamlined approach will attract many great investors. In your interview you create an impression of a young Rob McEwen.

    CFS
    May 31, 2017 31:06 PM

    VANCOUVER, June 15, 2016 /CNW/ – Rouge Resources Ltd., (TSXV – ROU.V) (the “Company”) has entered into a binding letter of intent with Arena Minerals Inc. (TSXV – AN) (“Arena”) for the acquisition of the Pampas El Peñon (“PEP”) gold project in Chile. Arena’s interest consists of two option agreements with Sociedad Química Y Minera de Chile S.A. (“SQM”). Consideration for the acquisition consists of 8,650,000 common shares of the Company to be issued to Arena and 4,850,000 common shares to be issued to SQM. In order to exercise the options the Company will assume Arena’s commitments, which include a total of $750,000 in cash payments and an expenditure commitment on the project of $1,830,000, both by July 27, 2017.

    The Pampas El Peñon property consists of 13 mining claims totaling 3,400 hectares located approximately 130 kilometres southeast of Antofagasta, Chile. The property consists of two separate blocks, lying immediately to the west and north of Yamana Gold’s Pampa Augusta Victoria mine complex that forms part of El Peñon mine complex. El Peñon mine began production in 1999 and has an established history of exploration success. The mine produced 227,000 ounces of gold and 7.7 million ounces of silver in 2015 with reported cash costs of US$621 and $8.38 an ounce respectively (Yamana Gold 2015 Annual Report).

    The property covers land in the same geological environment as Yamana’s El Peñon deposit hosting several identified north-south-trending structures at or near surface. Three of these structures have been traced for more than 2 kilometers in strike length each. Epithermal Au-Ag targets are hosted by rhyolite domes, with strong north-south siliceous structures containing highly anomalous silver, arsenic and antimony values, similar to the surface expressions of many of the mineralized veins in the area.

    Over $1,000,000 has been spent on the property by Arena and SQM, with most of the work completed consisting of mapping, sampling, trenching and limited near-surface drilling designed to define the location of epithermal gold-silver veins with characteristics similar to those in the neighbouring Pampa Augusta Victoria complex. Three areas within rhyolitic domes with breccias and favourable geochemistry were identified and have been highlighted as priority drill targets. These targets lie in immediate vicinity of the Pampa Augusta Victoria open-pit and underground mines.

    CFS
    May 31, 2017 31:08 PM

    VANCOUVER, July 12, 2016 /CNW/ – Rouge Resources Ltd. (TSX-V; ROU) (“Rouge” or the “Company”), a publicly traded mineral exploration company intending to change its name to Fiore Exploration Ltd., is pleased to announce key management changes and proposed board changes.