Nordic Mines (STO: NOMI) rushed nearly 30%after the company said that Laiva mine proven and indicated reserves increased by over 1 million tonnes to 12.9 million tonnes of ore (almost half and half proven/propable) with an average gold content of 1.85 grams of gold per tonne, corresponding to 23 865 kilos of gold.
Nordic Mines is now drilling in extended areas close to the mine and also in Oltava, 12 kilometers south from the site. The start of production at the Laiva mine near Raahe, Finland is scheduled for the end of August. The average annual gold production estimate is 3.7 tonnes of gold.
No comments:
Post a Comment