IN BRIEF: Metals Exploration hails estimates on La India project
17th Jan 2025 11:23
Metals Exploration PLC - Philippines-focused mineral resources firm - Highlights estimates from internal studies conducted on the La India gold project in Nicaragua. Compared to a bankable feasibility study from 2022, life of mine estimate improves to 12.4 years from 8.4 years. Estimated annual production surges to 145,000 ounces of gold from just 71,600. Estimated gold grade increases to 3.53 grammes of gold per tonne, from 2.56 g/t. All-in sustaining cost estimate increases by 11% to USD1,176 per ounce from USD1,058/oz. Read More