Scotgold Resources Limited

Scotgold's Cononish gold trend highlights even more that glitters

Scotgold Resources LTD (LON:SGZ) has spotted potential extensions to the ore-body at the Cononish mine in Scotland, sending its shares higher. Scotgold CEO Richard Gray tells Proactive London about the Scotgold exploration update and brings investors up to date on what's happening operationally.
Gray added, "The company's expectation is for the Cononish mine to become cash positive next year, accelerating exploration programmes and building our growth strategy to building a pipeline of projects in Scotland."

Quick facts: Scotgold Resources Limited

Price: £0.39

Market: AIM
Market Cap: £18.85 m

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Full interview: Scotgold Resources to generate on average £1mln per month...

Scotgold Resources Ltd (LON:SGZ) chief executive Richard Gray tells Proactive London they’re entering an active period on site at the Cononish mine with production now less than six months away. He says they’re currently developing and enlarging the existing adit so they can get the...

1 week, 3 days ago

2 min read