May 09, 2022 - May 10, 2022 / NTS GMT
Ian Stalker - Pasofino Gold Limited - President & CEO
Good afternoon or good evening, everyone. I'm here to give you an update on the Dugbe project, which is owned by Pasofino Gold as a 49% shareholder and give you a snapshot of where we sit and where things are traveling.
We're in Liberia. We have a project that's got 4 million ounces of resource, of which 3.3 million ounces is in a measured and indicated category. And of that 3.3 million ounces, 2.9 million ounces runs at a grade of 1.58, which is an attractive grade for a West African open-pit mining opportunity.
Three key points I just want to highlight at the beginning. The advanced project, we've been able to move this through to the end of the DFS. It's been completed this week, as I speak. And we've been able to do that because over $100 million was spent in the project by some of -- by our predecessor and subsequently by about $20 million of our money.
It's a large asset. I'm told that those less than 5% of the mining companies in the world have a resource base of 4 million ounces. So it's in a very
Pasofino Gold Limited at 121 Mining Investment Cape Town Conference Transcript
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot