REBgold is in the process of acquiring and developing an economic interest in gold assets and is in the process of evaluating and negotiating on a number of targets, ranging from scoping stage assets to producing mines. REBgold plans are to develop a small portfolio of equity interests, including control positions, in assets of merit. In particular where it can utilize its competitive advantages to create shareholder value.
The Company's key competitive advantages include an experienced board and management team, strategic investor backing and proprietary technology. The Company's bacterial oxidation and bioleaching technologies are commercially proven to liberate precious metals from difficult-to-treat sulphide ores and concentrates, with environmental and economic benefits. To date, the Company's patented BACOX technology has been used at three gold mines located in Australia, Tasmania and China.