Scotgold Resources narrows losses as it looks to press on at Cononish

Only this week, Scotgold received an updated bankable feasibility which added “significant value” to the project

'This is the start of a Scottish gold mining industry', says Scotgold's Richard Gray

Scotgold Resources Limited ( LON:SGZ) chief executive Richard Gray tells Proactive that an update to the bankable feasibility study at their Cononish gold mine has added “significant value” to the project.

The original BFS, completed back in August 2015, suggested a pre-tax net present value of £23mln although that has now been significantly increased to £43mln.

Updated BFS adds “significant value” to Scotgold’s Cononish mine

Underground development work is set to start in the middle of next year, with phase one of the project expected to be up and running by early 2019

Scotgold round presented to Hunterian museum

Professor David Gaimster, director of The Hunterian, will be presented with the round tomorrow

Scotgold soars as it gets permission to extend bulk processing trial

The original permission was due to expire at the end of this month, but it has now been extended until March 2018