Orea Mining(OTC) OREAF

Orea Mining Corp. is a mineral exploration company focused on acquiring and advancing gold properties primarily in France and South America. The company holds significant assets, including the Montagne d'Or Gold Deposit and the Maripa project, positioning itself strategically in the gold mining sector.

Products and Services

• Exploration and development of gold mining properties
• Significant assets in French Guiana and Suriname
• Focus on environmentally responsible mining practices

Growth Outlook

• Montagne d'Or Gold Deposit spans approximately 190 square kilometers
• Maripa project consists of five contiguous exploration permits
• Potential to secure a 75% interest in the Suriname project

Financial Highlights

• Recent quarterly net income of -$486,000 for Q3 2023
• Total assets of $520,000 as of June 30, 2023
• Cash and short-term investments totaling $452,000

Orea Mining Corp. is actively engaged in the exploration and development of gold properties, with a strong focus on its assets in French Guiana. The Montagne d'Or Gold Deposit and the Maripa project are key components of the company's portfolio, providing a solid foundation for future growth. The potential acquisition of a 75% interest in the Suriname project further enhances the company's strategic positioning in the gold mining sector. Financially, Orea Mining Corp. reported a net income of -$486,000 for the third quarter of 2023, reflecting ongoing investment in exploration and development activities. The total assets of $520,000 and cash and short-term investments of $452,000 indicate a stable financial position, allowing the company to pursue its growth initiatives. The focus on environmentally responsible mining practices aligns with industry trends, potentially attracting interest from socially conscious investors.