Pasofino Gold's Liberian Mining Project Shows Economic Promise in Feasibility Study
TL;DR
Pasofino Gold's Dugbe Gold Project in Liberia offers economic advantages for investors.
Pasofino Gold, through its subsidiary ARX Resources, owns 100% of the mineral-rich Dugbe Gold Project in Liberia.
Pasofino Gold's sustainable mining in Liberia contributes to economic development and job creation in the region.
Check out the full interview with Pasofino Gold's CEO Brett Richards on Benzinga's All-Access for more insights.
Canadian mineral exploration company Pasofino Gold Limited (TSX-V: VEIN) has announced promising results from a bankable feasibility study of its Dugbe Gold Project in Liberia, indicating significant economic potential for gold mining operations in the West African nation.
The company, which holds complete ownership of the project through its subsidiary ARX Resources Limited, reports that the Dugbe site combines both mineral richness and strategic location advantages. This development could mark a significant expansion of mining operations in Liberia, a country working to develop its natural resource sector.
The positive feasibility study results are particularly noteworthy as they come at a time when global mining companies are seeking new, economically viable gold deposits. Successful development of the Dugbe project could contribute to Liberia's economic growth and potentially attract additional mining investment to the region.
The project's economic viability, as confirmed by the feasibility study, suggests potential long-term implications for both the company and Liberia's mining sector. This development could strengthen Liberia's position in the global gold mining industry while providing economic benefits through job creation and increased foreign investment in the region.
Curated from News Direct