We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Scotgold Resources Limited | LSE:SGZ | London | Ordinary Share | AU000XINEAK5 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSGZ
RNS Number : 3721W
Scotgold Resources Ltd
08 February 2017
SCOTGOLD RESOURCES LIMITED
Grant of Planning Permission for Extension to Bulk Processing Trial ("BPT") to 31 March 2018
The Company is pleased to announce that the application made to the Loch Lomond and Trossachs National Park Planning Authority ("LLTNPPA") to extend BPT operations to the end of March 2018, as announced on 13 December 2016, was granted on 7(th) February 2017.
The original BPT planning permission (2016/0064/DET) granted in May 2016 included the installation of a small scale pilot plant to process 2,400t (approximately 1,200m3) of existing stockpiled ore over a nine month period. It is now planned to process around 4,800t (c.2,400m3) of additional material (the balance of the existing stockpile) over a period of approximately twelve months (at processing rate of around 400tpm).
As a result of the opportunities identified during the BPT, the development plan contemplated in the August 2015 Bankable Feasibility Study (BFS) is currently being revised and an updated economic assessment of the Cononish Gold and Silver Project is expected to be completed by the end of the first quarter 2017.
Richard Gray, CEO of Scotgold, commented:
"We continue to learn more about the metallurgy and the economics of the project as we process our stockpile under the BPT. This extension to the trial period not only affords us the opportunity to conclude our revisions to the economic assessment but it also throws off a small cash contribution to our costs from the resultant gold production."
For further information please contact:
Scotgold Resources Stockdale Securities Capital Markets Vicarage Limited Limited Consultants Capital Limited ------------------- --------------------- ----------------- ---------------- Richard Gray Robert Finlay/ Simon Rothschild Rupert Williams - CEO Ed Thomas ------------------- --------------------- ----------------- ---------------- Tel: +44 (0)1838 Tel: +44 (0)20 Tel +44 (0)7703 Tel: +44 400 306 7601 6100 167 065 (0)20 3651 2911 ------------------- --------------------- ----------------- ----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBSGDDBUGBGRI
(END) Dow Jones Newswires
February 08, 2017 09:53 ET (14:53 GMT)
1 Year Scotgold Resources Chart |
1 Month Scotgold Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions