Gold miner, Aureus Mining, has reminded the market of the $260m valuation of its New Liberty project in Liberia, as it files the findings of a recent study at the site.
Aureus released the results of the study back in February but, because of its dual listing in Toronto, has now placed the official papers with the Canadian records office, or SEDAR.
The estimates suggest the mine has a life of around 8 years and reserves of 873,000 ounces of gold, with costs of extraction estimated at $632 per ounce.
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The shares have risen 1.3% this morning but are still 33% down since Aureus listed in April 2011.
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