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Papillon launches DFS at Mali gold project

25th March 2014

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

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PERTH (miningweekly.com) – ASX-listed junior Papillon Resources has launched a definitive feasibility study (DFS) at its Fekola gold project, in Mali.

A 2013 prefeasibility study (PFS) determined that the Fekola project could deliver about 300 000 oz/y. The DFS would build on the technical and economic results achieved in the PFS.

“We continue to focus on rapidly de-risking Fekola and moving it towards production, and the start of the DFS represents another step towards that objective for Papillon,” said MD and CEO Mark Connelly.

He noted that the DFS represented the final stage of the project before the formal start of construction.

Papillon has already secured a mining permit over the Fekola gold project, which would be valid for a period of 30 years.

Edited by Creamer Media Reporter

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