Antilles Gold Ltd appoints European investor relations specialist

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Antilles Gold Ltd (ASX:AAU, OTCQB:ANTMF) has appointed DGWA, the Frankfurt-based German Institute for Asset and Equity Allocation and Valuation, as Advisor for Investor Relations and companies in Europe after its listing on the Frankfurt Stock Exchange.

DGWA (formerly known as Deutsche Gesellschaft für Wertpapieranaylse GbmH) is one of Germany’s leading investment banking boutiques in the mining and resources sector.

As such, DGWA will help the West Indies engage with retail businesses, institutions and family offices in the German-speaking DACH region (Germany, Austria and Switzerland, with a population of nearly 100 million), as well as in the rest of Europe and the UK.

DGWA will also support the West Indies by increasing awareness of its activities in Cuba, where the company has a joint venture with the government mining company, GeoMinera.

Here, Antilles is set to develop several medium-sized mines to produce gold, silver, copper and zinc concentrates, as well as highly prospective, previously explored claims totaling over 50,000 hectares.

Footprint expansion in Europe

Antilles Gold executive chairman Brian Johnson said his company looked forward to working with the DGWA to expand its existing shareholder base from the DACH region, where Cuba was valued as a mining-friendly jurisdiction. with vast known mineral deposits and excellent foreign investment laws. .

Echoing Johnson’s comments, DGWA chief executive Stefan Müller said his team was delighted to introduce the West Indies to the European investor market.

“Gold has been considered a store of wealth for millennia and Germany’s per capita demand for gold is one of the highest in the world,” he explained.

“Coupled with strong demand for copper and zinc to fuel the electric mobility revolution and energy transition in Europe, the Antilles are well placed to expand their footprint on the continent.

“With the Caribbean’s strong environmental, social and governance commitment, its first-mover advantage in mineral-rich Cuba and its near-term production potential, the company is well positioned to attract the attention of European investors as well as players. Of the industry.”

About the West Indies

Antilles Gold’s strategy is to develop previously explored gold, silver, copper and zinc deposits in the rich mine of Cuba.

Currently, the company’s joint venture, Minera La Victoria SA, is focused on advancing the La Demajagua open-pit gold-silver mine on the Isle of Youth.

A 2022 scoping study indicated that the asset could produce approximately 10,000 ounces of gold each year over an eight-year lifespan.

Other projects in the West Indies Pipeline include the El Pilar gold-copper oxide deposit and up to four previously producing copper-zinc mines in the 40 kilometer New Horizons mineral belt.

Antilles will cover all costs associated with the initial exploration of these assets before they are transferred to a joint venture with GeoMinera for further exploration, study and development.

The joint venture partners intend to invest a portion of the expected profits from the La Demajagua mine to fund future mine developments, as well as an extensive exploration program on their main targets.

Importantly, this would minimize additional capital inflows from the West Indies while establishing a substantial mining group in Cuba.

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