Firefinch Ltd (ASX:FFX)’s Mike Anderson tells Proactive the latest from the Morila Gold Mine which has produced 7.5 million ounces of gold since 2000.
The company plans to ramp up production from an annual production profile of 40,000 ounces to 200,000 ounces by re-starting mining from the main Morila pit to exploit the 2.35-million-ounce gold resource while also boosting the capacity of the 4.5 million tonnes per annum mill.
Firefinch also aims to demerge the Goulamina Lithium Project, which is among the world’s largest undeveloped high-quality lithium deposits into a separate lithium focused company to be listed on the ASX.
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