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low cost operarockg gold mine

Feb 11, 2019 Pure Gold Mining Inc (OTCMKTS:LRTNF) has released a feasibility study for its flagship Madsen gold project, which outlines a robust 12-year high grade, 800 tonne per day underground mining operation with low initial capital costs.. The pre-tax net present value was pegged at $353 million, with an IRR (internal rate of return) of 43% with a pay-back of initial capital put at three years.

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