Dalradian submits mine planning application;
closes C$78 million private placement -
https://www.dalradian.com/news-and-events/news-releases/news-releases-details/2017/Dalradian-submits-mine-planning-application-closes-C78-million-private-placement/default.aspx -
Quote:
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We have transformed the project from a small, early-stage deposit to one of the best gold projects on the planet.
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Building and operating a mine at the Curraghinalt deposit will create at least 350 permanent direct jobs and is expected to give a US$1 billion boost to the local economy over the 25-year life of mine in the planning application -
End Quote.
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To me, it looks like the momentum to build this mine is accelerating.
The excitement begins.
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By the way.
Osisko, and its affilliate the Orion fund, are the purchasers of the $78 Million PP.
In our 25 junior mining stock portfolio, Dalradian is our 5th largest holding and Osisko our 6th.
So we have in interest in both pies here.
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RJ