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IN BRIEF: Pembridge reports extended estimate of Minto's mine life

12th May 2021 11:23

Pembridge Resources PLC - London-based mining company - Says preliminary economic assessment technical report extends Minto's life of mine to 8 years from 4 years previously, while total resources have been increased to 24.1 million tonnes from 22.6 million. "The technical report prepared by JDS confirms our expectations for the Minto life of mine as well as the potential for further development. The imbedded value of Minto is now clearly identified, and the Minto team is very excited to realise and grow this value for all the Minto stakeholders," says Chief Executive Gati Al-Jebouri.

Current stock price: 10.20 pence, up 46% on Wednesday

Year-to-date change: up 99%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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