Gentile is considered one of the leading investors in the junior mining sector, owning significant positions in over 15 small-cap mining companies. He is currently a strategic advisor to Arizona Metals and Geomega Resources, and sits on the board of Northern Superior Resources, Roscan Gold, Radisson Mining Resources and Solstice Gold.
Proceeds of the offering will be used to fund the company’s first drill program at the Fortuna gold project in Ecuador. A 550 km2 land package containing 12 mining concessions, the Fortuna property is situated on Shincata trend, a highly prospective yet underexplored gold belt.
Current exploration is focused on three prospects on just a small portion of the concessions. The initial drilling will begin at Wayka, an epithermal gold discovery located within the central portion of the Fortuna concessions.
Commenting on the imminent drilling at Wayka, Gentile said the potential for a “major new…
