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Crescent gives green light to Laverton project

FRESH from a $A25 million capital raising, Crescent Gold has given the formal go-ahead to its Laverton project in Western Australia and has awarded the mining contract to Perth-based Minepower.

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Crescent gives green light to Laverton project

The 90,000 ounce per annum operation is expected to cost $11.2 million to bring online, with first production expected in early 2007. Cash costs are estimated at $US342 per ounce. In addition, Crescent...

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