Antilles Gold (AU:AAU) has released an update.
Antilles Gold Limited has updated its production targets for the La Demajagua gold-silver-antimony mine in Cuba, expecting to produce significant amounts of gold and antimony concentrates annually. The updated projections, based on extensive metallurgical test work, show potential revenue of approximately $84 million per year from the concentrates at current metal prices. The company is advancing its project development studies, with forthcoming Scoping Studies expected to demonstrate robust returns.
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