Pasofino Gold Ltd. is a Canadian-based mineral exploration company listed on the TSX-V (VEIN), OTCQB (EFRGF), and FSE (N07). The company recently announced the results of the Dugbe Project Feasibility Study (FS), which is located in Southern Liberia.  

Pre-Tax NPV5% of USD690 million, Pre-Tax IRR of 26.35% and AISC of USD1,005/oz, 2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 years.

Upon filing of the Feasibility Study on SEDAR, Pasofino can deliver an Option Satisfaction Notice confirming that it has satisfied the requirements to earn its 49% interest in the project. Hummingbird Resources Plc has confirmed that the FS has been carried out to the agreed standards and will satisfy the technical requirements to allow Pasofino to earn its 49% economic interest in the Project (prior to the issuance of the Government of Liberia’s 10% carried interest).