This progress report is positive: "Moto chief financial officer Patrick Flint told MiningNews.net the company would look to releasing an upgraded resource statement by next month.
Flint said pre-feasibility work had started, with the company aiming to get a scoping study out by September, rolling through pre-feasibility and full feasibility by mid-to-late next year.
The Moto gold project currently has a resource of 43 million tonnes grading 3.1 grams per tonne of gold for 6.1 million ounces. The majority of the resource estimate falls into the inferred category"
Gerry
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