Southern Gold extends farm-in to third South Korean gold project
Bluebird Merchant Ventures Ltd is assessing the historical Kochang mine.
Company
Bluebird Mining Ventures
LON:BMV
London listed Bluebird Mining Ventures Ltd is focused on developing high grade, low capex gold projects. With a cumulative estimated 1.8M oz Au across three projects, including two historic mines in South Korea and a development project in the Philippines, the Company looks to JV its assets with local partners to provide free carry structures to advance to production.
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Now with the finding in place, the joint venture can complete the Pre-Feasibility Study. The metrics will be highly anticipated considering a Australian Dollar gold price of circa A$1750 an ounce.