Company Interviews
Reunion Gold (TSXV:RGD) - Fast Track from Discovery to Gold Production
15 Jan 2024
Interview with Rick Howes, President & CEO of Reunion Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/reunion-gold-rgd-gold-discovery-and-resource-estimate-in-guyana-update-3198Recording date: 12th January 2024Fast-Tracking Oko West: Reunion's Path to Gold ProductionReunion Gold has firmly set its sights on reaching gold production at its Oko West project in Guyana by 2027. What sets the company apart is a methodical execution strategy to advance Oko West through studies and permitting to support this aggressive timeline.With approximately 4.3 million ounces of gold outlined since discovery in 2021, the deposit offers ample scale to underpin a meaningful mining operation. The resource estimate continues growing. While details will be forthcoming in a Preliminary Economic Assessment expected in Q2 2024, Reunion envisions both open pit and underground mine scenarios, affirmed by over $70 million raised last September to fully fund these studies.President and CEO Rick Howes attributes being sufficiently capitalized to continue advancing Oko West without further dilution as a key accomplishment in 2023, setting the stage for near-term development. The raise came despite volatile markets, aided by key support from La Mancha after extensive due diligence.Howes highlights 2024 as a pivotal year on the path to production. In addition to the PEA, Reunion is negotiating a minerals agreement to define project fiscal terms and economics. Baseline environmental field studies wrap up this quarter in preparation for submitting a formal EIA report in Q3 2024.The feasibility study launches in Q3 2024 on the heels of the PEA. Howes stresses exercising prudence defining project parameters and costs at this phase. By maintaining realistic assumptions and detailed engineering, he expresses confidence in keeping Oko West on budget and schedule.The final pieces include receiving key permits around year-end 2024 while finishing the feasibility study in Q1 2025. This timeline aligns for Reunion to make an official construction decision in 2025. Detailed engineering, confirming development capital, and starting earthworks may quickly follow.While concentrated on advancing Oko West, Reunion intends to keep exploring. Additional discoveries could further improve project economics. The company also terminated an earlier alliance with Barrick, enabling full focus on its Guyana project.Reunion Gold demonstrates critical traits for success: quality asset, execution capability, and sufficient capital. Investors seeking a high-grade gold developer positioned to reach production this decade may find opportunity in Reunion Gold.—View Reunion Gold's company profile: https://www.cruxinvestor.com/companies/reunion-goldSign up for Crux Investor: https://cruxinvestor.com
No persons identified in this episode.
This episode hasn't been transcribed yet
Help us prioritize this episode for transcription by upvoting it.
Popular episodes get transcribed faster
Other recent transcribed episodes
Transcribed and ready to explore now
3ª PARTE | 17 DIC 2025 | EL PARTIDAZO DE COPE
01 Jan 1970
El Partidazo de COPE
13:00H | 21 DIC 2025 | Fin de Semana
01 Jan 1970
Fin de Semana
12:00H | 21 DIC 2025 | Fin de Semana
01 Jan 1970
Fin de Semana
10:00H | 21 DIC 2025 | Fin de Semana
01 Jan 1970
Fin de Semana
13:00H | 20 DIC 2025 | Fin de Semana
01 Jan 1970
Fin de Semana
12:00H | 20 DIC 2025 | Fin de Semana
01 Jan 1970
Fin de Semana