Atlantic Gold Files PEA for Nova Scotia Projects

Atlantic Gold Corporation (TSXV:AGB,ASX:AGB) has filed a preliminary economic analysis for its Nova Scotia projects. The report considered two open-pit production scenarios for a minimum eight year mine life.

As quoted in the press release:

1. Base Case – assumes initial production from the Company’s fully-permitted Touquoy project, and the recently acquired Beaver Dam project, located approximately 37 km by road from Touquoy, for total life of mine production of 702,000 ounces of gold at an average grade of 1.55 g/t
2. Base Plus Cochrane Case – includes the addition of gravity and float concentrate production from the Company’s Cochrane Hill Project in year 3 of production, processed into doré at the Touquoy facility for a total life of mine production of 1,129,000 ounces of gold at an average grade of 1.62 g/t

Click here to read the Atlantic Gold Corporation (TSXV:AGB,ASX:AGB) press release