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Rusoro Mining Initiates Major Engineering Studies at Choco 10 and San Rafael/El Placer (SREP) VANCOUVER, BRITISH COLUMBIA, Jul 20, 2009 (MARKETWIRE via COMTEX News Network) -- Rusoro Mining Ltd. (TSX VENTURE: RML) is pleased to report that it has initiated a feasibility study for a major expansion at its Choco 10 operations and near-by Increible 6 gold deposit and a pre-feasibility study at its SREP gold deposit both of which are located in the Bolivar State region in south eastern Venezuela. Both studies are expected to be completed in the first half of 2010. At Choco 10, the feasibility study comes on the heels of a positive Preliminary Assessment (PA), completed by Micon International Limited. The PA is detailed in a report dated June 2, 2009 and titled "Technical Report on the Preliminary Assessment of the Expansion of Production at Choco 10, Bolivar State, Venezuela". The PA outlined favourable economics for a significant expansion from 170,000 oz Au/yr (2009 guidance) to over 500,000 oz Au/yr at cash cost of US$331/oz Au over the life of mine (LOM). ..... |
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| aus der Diskussion: | RUSORO MINING |
| Autor (Datum des Eintrages): | XIO (24.07.09 17:04:04) |
| Beitrag: | 62 von 250 (ID:37642376) |
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