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Strong result for new Phoenix study

PHOENIX Gold shares rose as much as 12% today on the back of a new study suggesting larger development for stage 1 of the Castle Hill gold project in Western Australia.

Andrew Duffy
Strong result for new Phoenix study

Under the new study, the amount of ore mined has climbed 278% to 8.7 million tonnes while the average grade has dropped from 2.03 grams per tonne to 1.51gpt. Elsewhere, contained gold has jumped from...

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