"The move to the OTCQX Market is a crucial step in our ongoing development to foster increased confidence among current and prospective investors," said Geoff Hampson, executive chairman.
With the advance of crime groups, gold mining in Colombia will likely continue evolving into a purely criminal industry where illicit interests, environmental devastation, and inadequate government action converge.
The downward revision from 12.2 years to 11.2 years comes "as a result of an increase in annual throughput estimates to reflect nameplate capacity," per GoldMining Inc.