• Published 2 years ago

Gold Rim Exploration Inc. announce entry negotiations to acquire Zimbabwean mine

Gold Rim Exploration Inc. is excited to announce its entry into negotiations for acquiring a significant stake in an existing gold mine located near Bulawayo, Zimbabwe. This strategic move signifies Gold Rim Exploration Inc.'s ongoing commitment to expanding its global footprint, solidifying its position in the international mining sector, and its first potential African acquisition.

The gold mine in question, though currently facing operational challenges, presents a unique opportunity for growth and development. Gold Rim Exploration Inc. brings a wealth of experience and a proven track record in revitalizing underperforming mines. The company's expertise in deploying advanced mining technologies and sustainable practices is expected to breathe new life into the Zimbabwean mine, ensuring both economic and environmental benefits.

"Our team is enthusiastic about the potential this venture brings," said Mr. Devon Bissette, CFO of Gold Rim Exploration Inc. "We believe that our expertise in efficient, responsible mining practices can unlock the full potential of the Bulawayo mine, bringing substantial returns to our shareholders and significant benefits to the local community."

The acquisition will not only increase Gold Rim Exploration Inc.'s resource base but also aligns with the company's vision of responsible mining. The company is committed to upholding the highest standards of environmental stewardship and community engagement, ensuring that its operations contribute positively to the regions where it operates.

Gold Rim Exploration Inc.'s potential investment in Zimbabwe marks a significant step in its strategic move into African resources. The company is excited about the opportunities this new venture will bring and is committed to working closely with local partners and the Zimbabwean government to ensure a smooth transition and sustainable success.