Brett Richards, CEO and executive director of Pasofino Gold Ltd. EFRGF, was recently a guest on Benzinga's All-Access.
Pasofino Gold is a Canadian mining company laser-focused on building out its 400 million ounce Dugbe Gold Project in Liberia. The company is in the process of updating its feasibility study, which was done three years ago, and expects it to be completed in no more than nine months. A lot has changed since then. Gold prices have more than doubled, which Richards says should result in much better economics out of the new feasibility study.
Simultaneously, Pasofino will also work to get all its permitting done with an eye toward obtaining a Class A mining license by next year. Gold production at Dugbe should commence in two and a half to three years, says Richards.
