Pelangio Exploration Commissions a Deep-Penetrating CSEM Survey for the Obuasi and Manfo Projects, Ghana
Pelangio deploys deep-penetrating geophysics to unlock 1km depth potential at Obuasi and Manfo as resource drilling continues.
The most recent news (February 27, 2026) announces the commissioning of a Controlled-Source Electromagnetic (CSEM) survey at the Obuasi and Manfo projects in Ghana. This deep-penetrating survey is designed to identify mineral targets at depths exceeding 1 kilometer. Specifically, the Obuasi survey will cover 9.2km² interpreted to be on strike with the prolific Obuasi Mine trend. At Manfo, the survey will target depth extensions below the Pokukrom deposits. Additionally, the company confirmed that resource extensional diamond drilling is currently underway at Manfo, with three holes of a 15-hole program nearly complete.
The impact is Routine - Positive. While the use of CSEM technology is a sophisticated step to identify "Obuasi-style" mineralization at depth, it is an incremental exploration step rather than a discovery or a financing event. - Technical Validation: The survey demonstrates a systematic approach to exploration, moving beyond surface-level targets to test the "depth potential" which is critical in the Ashanti Gold Belt. - Operational Continuity: The news confirms that the 3,150-meter diamond drilling program announced in January 2025 is active. - Expectation Management: There are no assays yet. The market typically waits for drill results (the "truth machine") rather than geophysical surveys to re-rate a junior explorer.
Pelangio is a junior explorer focused on major gold belts in Ghana. Its flagship is the Manfo Project, which hosts a 2025 updated NI 43-101 resource of 441,000 oz Indicated (1.16 g/t Au) and 396,000 oz Inferred (0.77 g/t Au). The project is located on the Sefwi Greenstone Belt. The company also holds the Obuasi Project, located adjacent to AngloGold Ashanti’s world-class Obuasi Mine.