Currently viewing Global edition

Moneta sees C$600-900mn capex at Tower Gold project

Canadian miner Moneta Gold initial plans for the development of its Tower Gold project in Timms, Ottawa is focused on a total capex of between C$600 million and C$900 million, chief executive Gary O’Connor told Mining Journal.

Moneta sees C$600-900mn capex at Tower Gold project Moneta sees C$600-900mn capex at Tower Gold project Moneta sees C$600-900mn capex at Tower Gold project Moneta sees C$600-900mn capex at Tower Gold project Moneta sees C$600-900mn capex at Tower Gold project

Moneta looks to Tower project

Based on a $1600 an ounce gold price, Tower Gold had the potential to produce 200,000-350,000 ounces a year over an initial 15 year mine life.