Pasofino Gold Unveils Strategic Gold Mining Potential in Liberia's Untapped Market

Pasofino Gold Ltd is emerging as a strategic player in the gold mining sector by focusing on the largely unexplored gold potential in Liberia. With a 100% ownership interest in the Dugbe Gold Project, the company is poised to capitalize on a resource-rich environment characterized by political stability and a mining-friendly regulatory framework.

The project boasts impressive economic metrics, including a confirmed reserve base of 2.76 million troy ounces and a pre-tax net present value of $506 million at a gold price of $1,700 per troy ounce. More significantly, management projects this value could escalate to $1.52 billion if gold prices reach $2,500, highlighting the project's substantial growth potential.

Strategically located in southeastern Liberia, the Dugbe Gold Project offers multiple competitive advantages. The site's proximity to the Greenville port enables cost-effective transportation, while innovative infrastructure plans including liquified natural gas and solar power generation demonstrate a commitment to sustainable operations.

The company's operational approach is distinguished by its efficient mining strategy, featuring two open pits located four kilometers apart. This configuration allows for concurrent mining operations and benefits from a low strip ratio of 3.52:1, which translates to reduced waste removal and lower operational costs.

Leadership under CEO Brett Richards, who brings 37 years of industry experience, further strengthens the company's potential. The team's forward-thinking approach is evident in ongoing optimization studies aimed at improving gold recovery rates and enhancing project economics.

Beyond financial metrics, Pasofino Gold emphasizes responsible mining practices, actively engaging with local communities and creating employment opportunities. This approach not only supports Liberia's economic development but also establishes a sustainable framework for long-term project success.

For investors seeking exposure to gold mining with scalable potential, Pasofino Gold represents a compelling opportunity. The company's balanced approach of measured progress and expansion potential positions it uniquely within the gold exploration and development sector.