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Avellana Gold Ltd. presented a development project of Transcarpathian polymetallic deposits to Canada investors Avellana Gold Ltd. presented a development project of Transcarpathian polymetallic deposits to Canada investors
Avellana Gold Ltd. presented its own mineral exploration project in Transcarpathia at the Canadian-Ukrainian Investment Forum CUTIS. The total estimated value of the projects of Ukrainian companies amounted to about 1.5 billion dollars. USA. “Avellana Gold Company’s ambitious plan and our long-term strategy is a study of the untapped potential of the Ukrainian Carpathians for the extraction of gold and polymetallic ores. Our tactical goal is to prove polymetallic mineralization on deeper horizons, in particular, it concerns Beregovo deposit. The next task is to prove the economy of these deposits, - said the head of the Ukrainian representation of the company Avellana Gold, Andrii Smolin. - Solving these tasks requires the involvement of the best specialists and the study of international experience.” The project of Avellana Gold also envisages the creation of a technologically advanced enterprise on the territory of Muzhievo deposit, with no analogues in Ukraine for the last two decades. During the investment forum CUTIS, 20 leading Ukrainian companies presented their investment projects. To participate in the road show in Toronto, SP Advisors selected the most promising projects, where Avellana Gold introduced the Natural Resources sector. CUTIS Investment Roadshow is a platform for cooperation between Canada and Ukraine in the field of investment attraction. More than 150 business and public sector representatives from Canada and Ukraine took part in the Forum.