Reunion Gold (TSXV:RGD) - Poised for Growth, Updated MRE at Promising OKO West Project in Guyana

Interview with Rick Howes, President & CEO of Reunion Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/reunion-gold-tsxvrgd-fast-track-from-discovery-to-gold-production-4812Recording date: 25th March 2024Reunion Gold, an exploration and development company operating in the Guyana Shield, South America, presents a compelling investment opportunity with its flagship OKO West Project in Guyana. The company has released an updated resource estimate, showcasing a significant increase in total ounces and higher-grade underground resources, further enhancing the project's potential.The OKO West Project's combined indicated and inferred resources now stand at 5.9 million ounces of gold, a 38% increase from the previous estimate in June 2023. This impressive growth in ounces highlights the deposit's continuity and the company's ability to add ounces through cost-effective drilling. With an average discovery cost of $8 to $10 per ounce, Reunion Gold is well-positioned to create substantial value for shareholders as it advances the project towards production.One of the key advantages of the OKO West Project is the speed at which it is progressing from discovery to potential production. Reunion Gold is well-funded, with a strong cash position, enabling it to advance studies, permitting, and exploration in parallel. The company expects to reach production in just six years from discovery, significantly faster than the industry average of 16 years. This rapid advancement reduces the time value of money for investors and increases the potential return on investment.Investors can look forward to several key milestones in the coming months, which are expected to further enhance the value of the OKO West Project. The company is on track to release a Preliminary Economic Assessment (PEA) in May 2024, providing a more detailed understanding of the project's economics and potential. Additionally, Reunion Gold will continue its exploration activities, with eight drills currently active on the site, focusing on expanding the existing resource, converting inferred ounces in the underground resource to the indicated category, and exploring new targets identified through geochemical and geophysical work on the property. In conclusion, Reunion Gold's OKO West Project in Guyana presents a compelling case for investors seeking exposure to the gold mining industry. With a growing resource base, rapid project advancement, and the potential for consolidation, the company is well-positioned to create substantial value for shareholders as it progresses towards production in a favorable gold market.View Reunion Gold's company profile: https://www.cruxinvestor.com/companies/reunion-goldSign up for Crux Investor: https://cruxinvestor.com

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