Brief: Kopy Goldfields announces positive scoping study results for Krasny gold project

Kopy Goldfields AB (publ)

12/05/2016 07:37

May 12 (Reuters) - Kopy Goldfields Publ Ab  KOPY.ST : 
    * Announces positive scoping study results for krasny gold 
project 
    * Says study confirmed feasibility of krasny mine 
development with total undiscounted free cash flow of $94 
million at fixed gold price of $1,100/oz and estimated total 
production costs of $475/oz 
    * Financing of mine and plant to be discussed later this 
year 
    * Majority of financing of mine and plant to be raised by 
debt 
 
Source text for Eikon:  ID:nBQN23879y  
     
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