Seafield Reports Economic Assessment for Miraflores Deposit; Shares Steady at Day Lows

By Midnight Trader,  April 23, 2012, 01:53:55 PM EDT

Seafield Resources Ltd. (SFF.V) today announced the results of an independent Preliminary Economic Assessment for its 100%-owned Miraflores Deposit.

Highlights:

- Open pit mine life of 8 years, underground mine life of 10 years and full process production life of 14 years.

- Average annual gold production of 71,007 oz ("Au") in the first 8 years produced from open pit and underground mining; 114,173 oz total from processing of low grade stockpile after year 8 until end of mine life

- Mineable resource of 11.97 million tons ("Mt") of gold:

SFF is now unchanged at day low 15 cents with over 286,000 shares changing hands.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Afghan Parliament Blocks Landmark Women's Rights Bill
Afghan Parliament Blocks Landmark W...
Thai Anti-Government Party Marks Anniversary of Bloody Crackdown
Thai Anti-Government Party Marks An...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.43 0.07  0.52%
CSCO $ 24.24 0.35  1.48%
MSFT $ 34.87 0.79  2.32%
F $ 15.08 0.44  3.01%
ARUN $ 13.10 4.51  25.61%
SIRI $ 3.50 0.05  1.45%
GE $ 23.46 0.19  0.82%
S $ 7.32 0.04  0.55%