Antilles Gold (AU:AAU) has released an update.
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Antilles Gold is exploring the potential for increased revenue from its La Demajagua mine in Cuba by selling gold-arsenopyrite concentrate directly to Chinese smelters, spurred by high gold and antimony prices. This approach could potentially boost revenue by 70% compared to previous forecasts and may be more advantageous than further processing the concentrate into gold doré. With a 9-year life of mine and strategic metal demand, the project presents promising returns for investors.
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