New Name and New Phase for This Junior Miner

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, October 20, 2021

Ranchero Gold Corp. (TSX Venture: RNCH) is pleased to announce that trading of its shares has now started on the TSX Venture Exchange. Ranchero has also contracted Globexplore Drilling. A rig is now being mobilized and is expected on site by the end of the week for its project in Maíz Azul.

With the reverse takeover of Melior Resources and a C$5,258,887 concurrent financing completed, the company starts a new phase, actively exploring its Maíz Azul prospect within its 22,000-hectare concession block. Ranchero will start with approximately 3000 meters of diamond core drilling, and will continue drilling based on the results of Phase 1.

Shares began trading today at $0.55 and were down $0.01 in afternoon trade.

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New Name and New Phase for This Junior Miner

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