Akobo Minerals completes its Segele scoping study with very favorable project economics and low production cost anticipated
Akobo Minerals continues to deliver on its timetable and promises. After 10 years of exploration work culminating in a JORC compliant Maiden Resource Estimate earlier this year, followed recently by grant of a large scale gold mining license, we now release our scoping study for the Segele deposit. The results are very encouraging and exceeds previous expectations; · Key contributions from highly respected 3[rd] parties and peer reviewed by SRK · Estimate of 243 USD per ounce for all in sustaining cost (AISC) vs 1.048 USD per ounce as mining industry average · The estimated limited