Pasofino Gold Limited

Recent News

  • Pasofino Gold Announces 49% Earned Interest in the Dugbe Project

    Toronto, Ontario--(Newsfile Corp. - September 27, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has exercised its option to acquire an initial 49% economic interest in the Dugbe Project, prior to the issuance to the Government of Liberia of its 10% carried interest in Hummingbird Liberia[1].As a result of this exercise, each of Pasofino and Hummingbird will have the right to exercise the option to consolidate ownership...

    2022-09-27 8:00 AM EDT
  • Pasofino Gold Announces Results of Initial Fieldwork at the Bukon Jedeh Area

    Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce results of 'rock-chip sampling at the Bukon Jedeh area on its Dugbe Gold Project in Liberia, with results up to 1 ounce gold per tonne.Highlights4.1km trend of artisanal gold mining dating back to the 1930's. Ten pits visited by Pasofino - at all of these, gold is extracted from fresh bedrock from up to 60...

    2022-08-22 8:00 AM EDT
  • Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5 Million

    Toronto, Ontario--(Newsfile Corp. - August 8, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of up to 12,856,000 units of the Company (each, a "Unit") at C$0.50 (or US$0.39) per Unit for gross proceeds of up to C$6,428,000 (US$5,000,000) (the "Offering").Each Unit will consist of one common share of the Company (each, a "Unit Share") and one half of one common share purchase warrant (each...

    2022-08-08 5:00 PM EDT
  • Pasofino Gold Announces Filing of Its Feasibility Study and Confirmation of Satisfaction of the Option Exercise Conditions to Acquire Its Interest in the Dugbe Gold Project

    Pre-Tax NPV of 5% of US$690 million, Pre-Tax IRR of 26.35% and AISC of US$1,005/oz2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 years Toronto, Ontario--(Newsfile Corp. - August 1, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has filed under its profile at www.sedar.com the Feasibility Study in respect of the Dugbe Gold Project in Liberia. Further, the Company...

    2022-08-01 8:30 AM EDT
  • Pasofino Gold Announces Appointment of New CEO, and Update on Strategic Process Led by Ian Stalker

    Toronto, Ontario--(Newsfile Corp. - June 20, 2022) -  Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce the appointment of Dr. Daniel Limpitlaw, as President and CEO of the company effective immediately. Daniel replaces Ian Stalker who is stepping down from his current role as President and CEO, but will remain in a consultancy role, focused on the strategic initiative underway. Dr. Limpitlaw will also join the Board of Pasofino, replacing...

    2022-06-20 8:00 AM EDT
  • Pasofino Gold Announces Feasibility Study Results for the Dugbe Gold Open Pit Project in Liberia

    Pre-Tax NPV5% of USD690 million, Pre-Tax IRR of 26.35% and AISC of USD1,005/oz2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 yearsUpon filing of the Feasibility Study on SEDAR Pasofino can deliver an Option Satisfaction Notice confirming that it has satisfied the requirements to earn its 49% interest in the projectToronto, Ontario--(Newsfile Corp. - June 13, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to...

    2022-06-13 10:17 AM EDT
  • Pasofino Gold Appoints Savas Sahin To Board of Directors

    Toronto, Ontario--(Newsfile Corp. - April 25, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has appointed Mr. Savas Sahin as the nominee of Eczacıbaşı Esan to the Board of Directors of the Company. He replaces Bulent Kozlu, the previous nominee director of Eczacıbaşı Esan.Mr. Sahin has had many years in the mining industry, working under operational, projects and management roles at Eurogold, Inmet Metal Mining, Newmont, Mount...

    2022-04-25 10:08 AM EDT
  • Pasofino Gold Announces Progress on the Feasibility Study for the Dugbe Gold Project, Plans to Acquire Control of the Dugbe Gold Project, Granting of Stock Options, and Issuance of Shares for Debt Settlement

    Toronto, Ontario--(Newsfile Corp. - February 7, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce positive developments from the ongoing Feasibility Study ("FS") being undertaken on the Dugbe Gold Project ("The Project") by DRA Global Limited (ASX: DRA) (JSE: DRA), the independent consultants appointed by the Company to complete the FS.Highlights; The FS is now scheduled to complete in April 2022, at that time the Company will, subject to satisfying certain...

    2022-02-07 8:30 AM EST