Edgewater Exploration boasts two projects with multi-million ounce potential. The company’s Corcoesto project in Spain has a resource of 1.5 M oz Au while it will soon release a resource estimate on its Enchi Gold project in Ghana, which is a j/v with Kinross. Edgewater currently has a market cap of only $30 M and $10 M in cash. This is a company which will very likely pass the 2 M oz mark with the release of the resource estimate at Enchi.
In this interview we discuss Edgewater’s preliminary economic assessment at Corcoesto as well as the future of mining in Europe, which looks very bright as major players begin to move into an untapped region.