Core Viewpoint - Pasofino Gold Limited announced that all proposals submitted to shareholders at its annual general and special meeting were approved, reflecting strong shareholder support with over 75% approval for each matter voted on [1][2]. Group 1: Meeting Results - Four matters were voted on and received greater than 75% approval, with approximately 83 million shares voted at the meeting [2]. - The company expressed gratitude to its shareholders for their continued support [2]. Group 2: Company Overview - Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange, owning 100% of the Dugbe Gold Project prior to the Government of Liberia's 10% carried interest [11]. - The Dugbe Gold Project spans 1,410 km² in southern Liberia and is located within the Birimian Supergroup, known for hosting significant West African gold deposits [4]. Group 3: Project Details - The Dugbe Gold Project has two identified deposits, Dugbe F and Tuzon, with a combined Mineral Resource Estimate of 3.3 million ounces (Moz) at an average grade of 1.37 g/t Au, and an additional 0.6 Moz in Inferred resources [5]. - A Definitive Feasibility Study completed in June 2022 led to a Mineral Reserve Estimate based on open-pit mining over a 14-year Life of Mine [6]. Group 4: Future Plans - The company is focusing on updating the feasibility study for the Dugbe Gold Project to support project financing efforts aimed at commencing construction in 2026 [10].
Pasofino Gold Announces Annual Meeting Results Shareholders Approve All Matters
Newsfile·2025-10-29 14:44