Wildwood Management Corporation, a mining exploration company — has recently signed a Letter of Intent for a 391 hectare gold mining concession in Rivera, Tolima in Colombia. Wildwood has been evaluating the gold opportunities in Colombia and has found the country to be at the forefront with more than 4,250 gold mines and 190 platinum mines.
The mining concession in Rivera is an appealing opportunity as it is easily accessible by road and requires little development as gold is extracted from the Cucuana y Chili River and will not affect the land or water of the area. A preliminary study also shows barite and copper deposits.
Wildwood is evaluating other opportunities in the area and is in current negotiations for another gold concession that has 9,312 hectares and additional deposits of copper, barite, and uranium. Future progress on this opportunity will be announced in the near future.