Antilles Gold Limited (ASX Code: AAU, OTCQB Code: ANTMF) ( “Antilles Gold” or the “Company”) is pleased to advise that following a review of the projects in Cuba in which the Company has the opportunity to participate, the Board of Antilles Gold has adopted the following strategy to achieve its medium-term objective of establishing a substantial mining group in partnership with the Government’s mining company, GeoMinera SA.
To broaden the Company’s activities in Cuba to include potential production of copper and zinc concentrates, within a joint venture with GeoMinera, in anticipation of a substantial growth in demand for these essential battery metals; and
To utilise part of the profits from the first two, near-term, gold mining projects to fund the exploration of a very large copper-gold porphyry system, and an entire VMS style polymetallic belt which has a history of copper and zinc concentrate production.
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