Pasofino Gold Engages MineScope Services to Conduct Phase One Feasibility Study Update at Dugbe Gold Project
Original announcement by tmx on
- Company
- Pasofino Gold Limited
- Ticker
- VEIN
- Exchange
- TSX
- Region
- Liberia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Economic study, Other, Resource update
- Extracted
- 2026-09-19 04:47:18 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Pasofino Gold has engaged MineScope Services to begin a two-phase update of the Dugbe Gold Project's 2022 Feasibility Study. The update aims to optimize the existing study and incorporate current costing and gold price environments to expedite the project toward final feasibility and construction.
Reasoning: The announcement is a corporate update regarding the commencement of a two-phase process to update a previous Feasibility Study. While not new technical results, it signals progress toward project financing and construction.
Positive factors
- Engagement of MineScope to update the 2022 Feasibility Study
- Focus on optimization and costing updates to enhance economic outputs
- Stable geopolitical environment in Liberia
- Existing Mineral Development Agreement (MDA) provides fiscal stability
Facts used in scoring: 2
Classification and evidence
PFS Completepositive
AACE Class 3 study complete.
Why it applies: The company is updating a 2022 feasibility study, which was previously a BFS/FS level document.
Evidence · text
“to deliver an updated feasibility study ( "FS" ) for Dugbe as soon as possible.”
Extracted facts
Stored fact records: 1. Some facts used in scoring do not have a stored record.
Resource Estimates (1)
Tuzon and Dugbe F pitsDugbe Gold Project · goldTonnes: 66000000Grade: 1.3Grade Unit: g/tContained Metal: 2760Contained Unit: kozView all detailsHide details
Identity
- Project
- Dugbe Gold Project
- Commodity
- gold
- Region
- liberia
- Reported Region
- Liberia
- Ticker
- VEIN
Resource scope
- Estimate type
- reserve
- Reporting standards
- ni_43_101
- Resource group id
- resource:abad6c9cb3fcfbc8854d
- Deposit or zone
- Tuzon and Dugbe F pits
- Mining method
- open_pit
Resource Data
- Tonnes
- 66000000
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 2760
- Contained Unit
- koz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2025-06-03T00:00:00.000Z
Reasoning: Restatement of the Mineral Reserve Estimate from the 2022 Feasibility Study.
Evidence · text
“The Mineral Reserve Estimate has 66Mt at a grade of 1.30 Au g/t with a total of 2,760koz.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
DFS-Supportingneutral
Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.