Final design and engineering of the commercial in-situ production facility and the procurement of other critical components is underway.

The initial 6,800 t/d mill option includes gravity concentration and cyanidation of the concentrates and tails.

Company has released assay results for three holes completed at its project in Nova Scotia that hit gold mineralization below and along strike of the existing inferred resource.

Company has released assay results for three step-down drill holes completed over 500 metres of strike at its Dixie project in Ontario.

Class action against Rio Tinto over Oyu Tolgoi escalates; Taseko wins court battle over Florence copper project; Resolute Mining shares drop 25% on Ghana lease termination

Interested companies have had since Feb. 25 to study datasets of the five areas - which are located in the northeast of the country.

The study outlines a 15-year underground operation with an average annual gold production of 220,300 oz.

First drill hole is now in progress on the Emperador concession, about 7km from Lundin's Fruta del Norte gold-silver mine in Ecuador.