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Nicolsons project inches closer to production

PACIFIC Niugini has completed a re-start estimate for the Nicolsons gold project in Western Australia, declared a maiden mine reserve and completed expenditure to earn 65% of the development.

Andrew Duffy
Nicolsons project inches closer to production

The re-start targets production of 130,000 tonnes per annum through a $A10.7 million pre-production spend. The initial mine life has been put at 4.5 years, with the study assuming a gold price of $1400...

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