FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF) CEO and founder John Carlesso tells Proactive's Stephen Gunnion that the proceeds of a recent private placement will be used to continue its Phase 2 drilling program at the Abriaqui Project, with a focus the area surrounding the newly discovered Prospera Vein in the Southern Vein Zone.
Carlesso explains that the Abriaqui Project in Colombia sits on one of the most prolific gold belts in the world and is the closest project to the Buritica mine.
He says FenixOro is entering the "most exciting" phase and drilling the most significant area of the project to date with the new funds.