Antilles Gold (AU:AAU) has released an update.
Antilles Gold Limited announces a substantial increase in their Mineral Resource Estimate for the Nueva Sabana copper-gold mine in Cuba, with a 40% rise in indicated gold resources and a 60% increase in copper. The company has completed a successful 2,000m in-fill drilling program, enhancing the confidence in resource estimates and setting the stage for a low-cost, fast start-up operation. Antilles Gold also forecasts potential for a significantly extended mine life beyond initial models, with additional exploration funded by future cash flows.
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