Antilles Gold (AU:AAU) has released an update.
Antilles Gold Limited has announced the completion of a 2,000m in-fill drilling program at the Nueva Sabana gold-copper oxide deposit in Cuba, a joint venture with Minera La Victoria SA aimed at extending the mine’s projected lifespan. Assay results from the drilling are expected within a month, which will contribute to an updated mining schedule and a Preliminary Feasibility Study (PFS). The outcome of the PFS will influence the financial backing from an international commodity trading group under a proposed off-take agreement to cover mine construction costs.
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