# Pasofino Gold Engages MineScope Services to Conduct Phase One Feasibility Study Update at Dugbe Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study--f3e9d926-41ff-46f1-aeba-dba8a86f08f6

Original source: https://money.tmx.com/en/quote/VEIN/news/6954580794424047/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study-

Publisher: tmx

Original announcement: 2025-06-03T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas 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 factor: Engagement of MineScope to update feasibility study

- Positive factor: Existing high-quality 2022 FS metrics

- Positive factor: Strong gold price environment

- Negative factor: Information is largely a restatement of 2022 data

Facts used in scoring: 4

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: 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)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study--f3e9d926-41ff-46f1-aeba-dba8a86f08f6#fact-resource-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### 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.

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study--f3e9d926-41ff-46f1-aeba-dba8a86f08f6#fact-resource-facts-1)

gold

Historical result

Needs review: historical\_restatement

#### 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.

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study--f3e9d926-41ff-46f1-aeba-dba8a86f08f6#fact-resource-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### 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.

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/pasofino-gold-engages-minescope-services-to-conduct-phase-one-feasibility-study--f3e9d926-41ff-46f1-aeba-dba8a86f08f6#fact-resource-facts-3)

gold

Historical result

Needs review: historical\_restatement

#### 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 \(M&amp;I component\).

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.
