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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: canucklehead8010/12/2012 9:32:32 PM
   of 78426
 
Off The Top
David Dunn Explains FDG’s Strip Mining in Nicaragua
Kevin Michael Grace


October 12, 2012 - FDG Mining Inc V.FDG announced October 2 an updated inferred resource estimate for its Topacio Property in Nicaragua. The property contains 2.7 million tonnes grading 3.97 grams per tonne gold for 344,664 ounces gold (at a 1.5 g/t cutoff).
Topacio, a historic producer, comprises 9,300 hectares. FDG has optioned 100% of it from Inversiones Mineras SA, with a final payment of US$3 million due April 30, 2016. IMISA will retain a 3% net smelter royalty.

President/CEO David Dunn spoke to Kevin Michael Grace October 3; read the interview here.
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