Pasofino Gold Engages MineScope Services to Conduct Phase One Feasibility Study Update at Dugbe Gold Project
Original announcement by tmx on
- Company
- Pasofino Gold Limited
- Ticker
- VEIN
- Exchange
- TSX
- Region
- Liberia
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Resource update, Other
- Extracted
- 2026-08-21 08:05:26 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Pasofino Gold has engaged MineScope Services to conduct a gap analysis and trade-off studies to update the Dugbe Gold Project's 2022 Feasibility Study. The company aims to optimize the study and prepare a roadmap for a full feasibility study update as soon as possible.
Reasoning: The announcement focuses on the commencement of a feasibility study update process, primarily restating historical economic metrics from a 2022 study to provide context for the upcoming work.
Positive factors
- Engagement of MineScope to update feasibility study
- Existing high-quality 2022 FS metrics
- Strong gold price environment
Negative factors
- Information is largely a restatement of 2022 data
Facts used in scoring: 4
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The company is announcing the engagement of services to update the existing feasibility study and resource/reserve context.
Evidence · text
“to conduct a gap analysis and trade off studies of the Dugbe July 2022 feasibility study 1, to prepare the roadmap of work streams required to fully update and optimize the study.”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
indicatedgoldGrade: 1.3Grade Unit: g/tContained Metal: 2760000Contained Unit: kozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VEIN
Resource Data
- Category
- indicated
- Grade
- 1.3
- Grade Unit
- g/t
- Contained Metal
- 2760000
- Contained Unit
- koz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-07-28T00:00:00.000Z
Dates
- Event date
- 2025-06-03T00:00:00.000Z
Reasoning: Restatement of the 2022 Mineral Reserve Estimate.
Evidence · text
“The Mineral Reserve Estimate has 66Mt at a grade of 1.30 Au g/t with a total of 2,760koz.”
indicatedgoldTonnes: 66000000Grade: 1.3Grade Unit: g/tHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VEIN
Resource Data
- Category
- indicated
- Tonnes
- 66000000
- Grade
- 1.3
- Grade Unit
- g/t
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2022-07-28T00:00:00.000Z
Dates
- Event date
- 2025-06-03T00:00:00.000Z
Reasoning: Restatement of the 2022 Mineral Reserve Estimate.
Evidence · text
“The Mineral Reserve Estimate has 66Mt at a grade of 1.30 Au g/t with a total of 2,760koz.”
inferredgoldGrade: 1.37Grade Unit: g/tContained Metal: 600000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VEIN
Resource Data
- Category
- inferred
- Grade
- 1.37
- Grade Unit
- g/t
- Contained Metal
- 600000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-11-17T00:00:00.000Z
Dates
- Event date
- 2025-06-03T00:00:00.000Z
Reasoning: Restatement of the 2021 Mineral Resource Estimate.
Evidence · text
“total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred.”
indicatedgoldTonnes: 3300000Grade: 1.37Grade Unit: g/tContained Metal: 3300000Contained Unit: ozHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- VEIN
Resource Data
- Category
- indicated
- Tonnes
- 3300000
- Grade
- 1.37
- Grade Unit
- g/t
- Contained Metal
- 3300000
- Contained Unit
- oz
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2021-11-17T00:00:00.000Z
Dates
- Event date
- 2025-06-03T00:00:00.000Z
Reasoning: Restatement of the 2021 Mineral Resource Estimate (M&I component).
Evidence · text
“total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.