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Australian company Firefinch says it will soon begin assessing the economic viability of developing a “Superpit” at the Morila project in Mali after estimating a resource “around and beneath” the existing pit totalling nearly 2.2 million ounces.
The Morila gold mine in Mali
The new resource of 42.6 million tonnes grading 1.6 grams per tonne is based on an US$1800 per ounce gold price and a cut-off of 0.
Exploration work to begin "imminently", the company says
