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News: IGO Independence Group Nl Announces Commitment To Development Of Boston Shaker Underground...

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    March 28 (Reuters) - Independence Group NL (IGO) :

    • INDEPENDENCE GROUP NL ANNOUNCES COMMITMENT TO DEVELOPMENT OF BOSTON SHAKER UNDERGROUND MINE AT TROPICANA GOLD MINE
    • TROPICANA JOINT VENTURE (AGAA & IGO) HAS APPROVED DEVELOPMENT OF BOSTON SHAKER UNDERGROUND MINE
    • BOSTON SHAKER UNDERGROUND DEVELOPMENT SCHEDULED TO START IN JUNE 2019 QUARTER; FIRST GOLD PRODUCTION EXPECTED DURING SEPT 2020 QUARTER
    • FS ESTIMATED CAPITAL COST IS A$105 MILLION
    • DEVELOPMENT TO ENABLE TROPICANA GOLD PRODUCTION TO BE MAINTAINED AT BETWEEN 450,000 TO 500,000 OUNCES PER ANNUM OVER 5 YEARS

    Source text: http://bit.ly/2OCh9ip

    (([email protected];))

 
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