Ranchero Gold Corp. (TSXV: RNCH) is pleased to announce that trading of its shares has now started on the TSX Venture Exchange. It is also pleased to announce that the Company has contracted Globexplore Drilling. A rig is now being mobilized and is expected on site by the end of the week.
With the reverse takeover of Melior Resources and $5,258,887 concurrent financing completed now, the company starts a new phase, actively exploring its Maíz Azul prospect within its 22,000-hectare concession block. The first phase will consist of 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.
