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Mineral & Financial's Jamie Lesser discusses Lagoa Salgada resource update

Mineral and Financial Investments Ltd's (LON:MAFL) Jamie Lesser tells Proactive London they've moved closer towards their aim of developing the Lagoa Salgada VMS project in Portugal after reporting a 71% increase in measured and indicated resources at the North Zone part of the property.

The updated mineral resource will be used in a preliminary economic assessment (PEA), which will be completed before the year end.

Quick facts: Mineral & Financial Investment Limited

Price: 9.3 GBX

AIM:MAFL
Market: AIM
Market Cap: £3.27 m
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Full interview: Mineral & Financial Investments hails 'positive and robust'...

Mineral & Financial Investments Ltd's (LON:MAFL) chairman Jacques Vaillancourt updates Proactive London on the PEA ( preliminary economic assessment ) which has been published on the Lagoa Salgada project in Portugal. The study suggests an initial capital expenditure of US$162.7mln could...

2 weeks, 4 days ago

2 min read