

Low power costs of USD0.175/kWh, with opportunities for long-term savings with alternative renewable energy sources.Simple (Gravity-CIL) process flow sheet which enhances project economics.LOM strip ratio of 4.21:1 highlighted by a low 3.56:1 ratio in the first five years.Simple project with economies of scale:.Additional 67koz of Inferred Mineral Resources within the FS pit and immediate sidewalls which have not been included in the Mineral Reserves.Average annual production of 200,000oz for the first 5 years.2.27Moz gold produced over a 14-year LOM.Large Mineral Reserve with potential for expansion:.Pre-production capital requirement of USD397M excluding owners' costs for a 5Mtpa processing plant.Life of mine (LOM) All In Sustaining Cost (AISC) of USD1,005oz and USD29/t cash cost.Fast capital payback of approximately 3.5 years from start of production:.Subject to the filing by Pasofino of the Feasibility Study under Pasofino's profile at and final administrative documentation, Hummingbird Resources Plc ("Hummingbird") has confirmed that the FS has been carried out to the agreed standards and will satisfy the technical requirements to allow Pasofino to earn its 49% economic interest in the Project (prior to the issuance of the Government of Liberia's 10% carried interest). The FS was prepared by the Company's lead engineers, DRA Global (South Africa), in accordance with Canadian Securities Administrators' National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101").Īs per NI 43-101 the Feasibility Study will be filed by Pasofino at within 45 days of this news release. June 13, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) (" Pasofino" or the " Company") is pleased to announce the results of the Dugbe Project Feasibility Study (FS), which is located in Southern Liberia. Upon filing of the Feasibility Study on SEDAR Pasofino can deliver an Option Satisfaction Notice confirming that it has satisfied the requirements to earn its 49% interest in the project If you find any bugs in this program please report me at You need to enable JavaScript to run this Website.Pre-Tax NPV5% of USD690 million, Pre-Tax IRR of 26.35% and AISC of USD1,005/ozĢ.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 years
#VICINITY DEFINITION FREE#
Please support this free service by just sharing with your friends. Select the language from the dropdown given below & click on the button (Or Enter) to get the Meaning in your language. These languages include Afrikaans, Indonesian, Gujarati, Urdu, Georgian, Hindi, Danish, Polish, Estonian, Norwegian, Croatian, Tamil, Portuguese, Chinese Simplified, Vietnamese, Telugu, Czech, Latvian, Bulgarian, Slovenian, Galician, Italian, German, Japanese, Irish, Basque, Slovak, Serbian, French, Thai, Catalan, Arabic, Persian, Russian, Malay, Finnish, Latin, Albanian, Dutch, Yiddish, Korean, Ukrainian, Swahili, Filipino, Malayalam, Esperanto, Turkish, Hebrew, Bengali, Hungarian, Chinese Traditional, Macedonian, Lithuanian, Maltese, Romanian, Greek, Icelandic, Spanish, Haitian Creole, Welsh, Swedish, Belarusian, Kannada, Azerbaijani etc. It's a free Multilanguage dictionary with many languages around the World.
