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Scotgold Resources' team back underground as its eyes start of production

Scotgold Resources Limited's (LON:SGZ) Richard Gray tells Proactive London's Andrew Scott its full underground development team is now back at work and blasting operations have resumed at the Cononish gold and silver mine in Scotland. Gray adds that they're ramping up drilling capacity at the mine project with the addition of extra rigs, via a new agreement with Epiroc UK & Ireland Ltd. The agreement sees the company take a second new T1D drill rig and a second-hand ST2G scooptram.

Quick facts: Scotgold Resources Limited

Price: 92.5 GBX

Market: AIM
Market Cap: £47.5 m

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on 8/7/20

2 min read