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Pasofino Gold ( (TSE:VEIN) ) has shared an update.
Pasofino Gold has completed a Phase One update to its 2022 feasibility study for the Dugbe Gold Project in Liberia, conducted by MineScope Services. The gap analysis found no fatal flaws but identified areas needing further work, including resource validation, mine planning, and infrastructure development. The update aims to optimize the project for current economic conditions and improve its feasibility for financing. The company plans to conduct various studies over the next 12 months to enhance geological, mining, and processing aspects, as well as evaluate power generation and infrastructure options to reduce costs and improve efficiency.
More about Pasofino Gold
Pasofino Gold Limited is a company engaged in the development of gold mining projects, with a primary focus on the Dugbe Gold Project located in Sinoe County, Liberia. The company operates within the mining industry, specifically targeting gold extraction and production.
Average Trading Volume: 22,795
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$59.71M
For a thorough assessment of VEIN stock, go to TipRanks’ Stock Analysis page.