GOLD
The board of junior Intermin Resources has approved the Stage 1 development of the Teal gold mine, in Western Australia.
The development of the Teal project comes after a positive feasibility study earlier this year, which considered the development of a Stage 1 oxide and transitional material. Some 171 500 t, grading 3.2 g/t gold will be mined over the nine-month mine life, with production expected to reach 15 567 oz.
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