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viewAfrican Gold Group, Inc.

African Gold highlights 'significantly improved economics' for flagship Kobada gold project

African Gold Group's (CVE:AGG) Danny Callow caught up with Proactive's Andrew Scott following the release of a definitive feasibility study on its flagship Kobada Gold Project in southern Mali.

It revealed average annual production of 100,000 ounces of gold for the first 5 years of operation with average total operating cash costs of US$704/oz for the life of mine.

Callow believes there's significant potential to improve the resources and reserves further based on the limited exploration drilling that's been done on only 4 km of the 30 km of identified structural shear zones on the property.

Quick facts: African Gold Group, Inc.

Price: 0.2 CAD

TSX-V:AGG
Market: TSX-V
Market Cap: $29.79 m
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