Wanguo Gold Group Announces Feasibility Study Results for Gold Ridge Mine Project

Reuters11-18
Wanguo Gold Group Announces Feasibility Study Results for Gold Ridge Mine Project

Wanguo Gold Group Ltd. has announced a summary of a feasibility study for a mining and processing project at the Gold Ridge Mine in the Solomon Islands. The project, operated and managed by the Group through its majority-owned subsidiaries, covers a mining right area of 30 square kilometers and an exploration area of 130 square kilometers around the mine. The feasibility study was prepared by Zijin (Xiamen) Engineering Design Co. Ltd. The Gold Ridge Mine includes five existing mining pits: Valehaichichi, Charivunga, Namachamata, Kupers, and Dawsons, with no other mineral rights identified in the surrounding area. The announcement aims to provide shareholders and potential investors with updated information about the project's development.

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