Pasofino Gold Uncovers Promising Gold Development Potential in Liberia
TL;DR
Investing in Pasofino Gold Ltd provides a tangible opportunity for higher returns beyond just the rise of the gold price.
Pasofino's gold-mining operation focuses on development, feasibility, and scalability within the Dugbe Gold Project for long-term profitability.
Pasofino's presence in Liberia not only offers economic growth but also engages in responsible mining practices to support local communities.
Pasofino's exploration and development of untapped mines in Liberia present exciting possibilities for investors interested in the gold market.
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Pasofino Gold Ltd is emerging as a significant player in the gold mining sector, focusing on the Dugbe Gold Project in southeastern Liberia. The company has secured a 100% ownership interest in a 2,078-square-kilometer permit area that offers substantial gold exploration and development opportunities.
The project boasts impressive economic metrics, including a pre-tax net present value of $506 million at a gold price of $1,700 per troy ounce, with potential to reach $1.52 billion at $2,500 per ounce. With a strong reserve base of 2.76 million troy ounces and 15 additional high-priority drilling targets, Pasofino demonstrates significant scalability and growth potential.
Strategically located in Liberia, a country known for its mining-friendly environment, the Dugbe Gold Project offers unique advantages. Its proximity to the Greenville port enables cost-effective transportation, while planned infrastructure including LNG-powered energy generation with solar offsets supports sustainable operations.
The company's low strip ratio of 3.52:1 during early operation years indicates efficient mining practices that can potentially reduce capital and operational expenditures. Led by CEO Brett Richards, with 37 years of industry experience, Pasofino is committed to responsible mining practices and community engagement.
As gold continues to be a critical asset for investors seeking wealth preservation and inflation hedging, Pasofino Gold represents an intriguing opportunity in an underexplored gold region with substantial development potential.
Curated from News Direct
