Pembridge Resources PLC - London-based mining company - Says preliminary economic assessment technical report extends Minto's life of mine to 8 years from 4 years previously, while total resources have been increased to 24.1 million tonnes from 22.6 million. "The technical report prepared by JDS confirms our expectations for the Minto life of mine as well as the potential for further development. The imbedded value of Minto is now clearly identified, and the Minto team is very excited to realise and grow this value for all the Minto stakeholders," says Chief Executive Gati Al-Jebouri.
Current stock price: 10.20 pence, up 46% on Wednesday
Year-to-date change: up 99%
By Evelina Grecenko; evelinagrecenko@alliancenews.com
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